2016-02-12T11:29:10-06:00 2015-06-30 580692043 MAULDIN & JENKINS LLC PO BOX 71549 2303 DAWSON ROAD ALBANY GA 317081549 990 2014-07-01 580568687 ANDREW COLLEGE ANDR 2297325946 501 COLLEGE STREET CUTHBERT GA 398401395 BOBBY MOYE CHIEF FINANCIAL OFFICER 2297325946 2016-02-03 1 RYAN C INLOW P00544049 2294463600 2016-02-03 2014 2016-08-17 19:52:53Z BOBBY MOYE 501 COLLEGE STREET CUTHBERT GA 398401395 10249652 0 X WWW.ANDREWCOLLEGE.EDU X 1854 GA POST SECONDARY EDUCATION 30 30 255 30 0 0 3246336 2918316 6454750 6389830 636843 506333 10193 3195 10348122 9817674 2232136 2147553 0 0 3970973 3902554 0 0 275891 3756246 3855459 9959355 9905566 388767 -87892 25304752 24745219 6738245 6401927 18566507 18343292 ANDREW COLLEGE IS A RESIDENTIAL, TWO-YEAR COLLEGE AFFILIATED WITH THE THE UNITED METHODIST CHURCH. LOCATED IN CUTHBERT, GEORGIA, THE COLLEGE'S MISSION IS TO PROVIDE AN ACADEMICALLY CHALLENGING LIBERAL ARTS CURRICULUM WITHIN A NURTURING COMMUNITY. 0 0 5779792 2147553 6393025 ANDREW COLLEGE PROVIDES A HIGH QUALITY RESIDENTIAL AND NON-RESIDENTIAL LIBERAL ARTS EDUCATION. THE AVERAGE NUMBER OF STUDENTS ENROLLED IN OUR TWO YEAR PROGRAM IS 300. ACADEMIC & NEED-BASED SCHOLARSHIPS ARE GIVEN TO APPROXIMATELY 90% OF OUR STUDENTS. 5779792 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 52 0 1 255 1 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 GA X ANDREW COLLEGE 2297322171 501 COLLEGE STREET CUTHBERT GA 398401395 REV BUDDY COOPER EX-OFFICIO 1.00 X 0 0 0 SHIRLEY CARGILL TRUSTEE 1.00 X 0 0 0 PETER DAUGHTERY VICE CHAIR 1.00 X X 0 0 0 STEPHANIE JONES TRUSTEE 1.00 X 0 0 0 GEORGE G FLOWERS CHAIRMAN 1.00 X X 0 0 0 BERT GREGORY SECRETARY 1.00 X X 0 0 0 GENE KEMP TRUSTEE 1.00 X 0 0 0 MICHELLE LEE TRUSTEE 1.00 X 0 0 0 BISHOP JAMES KING EX-OFFICIO 1.00 X 0 0 0 SUZANNE NIEMAN TRUSTEE 1.00 X 0 0 0 GILBERT B MILLER TRUSTEE 1.00 X 0 0 0 ERIC RAGAN TRUSTEE 1.00 X 0 0 0 KATHY RAY TRUSTEE 1.00 X 0 0 0 TINA FOLSOM TRUSTEE 1.00 X 0 0 0 STEVEN S WHATLEY TRUSTEE 1.00 X 0 0 0 MALON M WICKHAM TRUSTEE 1.00 X 0 0 0 ERNIE WRIGHT TRUSTEE 1.00 X 0 0 0 KAY ADERHOLD TRUSTEE 1.00 X 0 0 0 REV CINDY AUTRY EX-OFFICIO 1.00 X 0 0 0 REV ROBERT BECKUM EX-OFFICIO 1.00 X 0 0 0 MARY BRUCE TRUSTEE 1.00 X 0 0 0 VICKI MOLNAR TRUSTEE 1.00 X 0 0 0 ADAM PEASE TRUSTEE 1.00 X 0 0 0 MACEO ROGERS TRUSTEE 1.00 X 0 0 0 RICHARD TAYLOR TRUSTEE 1.00 X 0 0 0 WES WHEELER TRUSTEE 1.00 X 0 0 0 ROB WILLIAMS TRUSTEE 1.00 X 0 0 0 WHIT MYERS TRUSTEE 1.00 X 0 0 0 ROBERT L MOYE II VICE PRESIDENT OF FINANCE 50.00 X 90750 0 4779 KIRK TREIBLE INTERIM-PRESIDENT 50.00 X 93821 0 3970 184571 0 8749 0 0 0 0 ARAMARK SERVICES INC P O BOX 198532 ATLANTA GA 30384 FOOD SERVICES 743279 NATIONAL MANAGEMENT 113 CORPORATE PARK E LAGRANGE GA 30241 JANITORIAL SERVICES 388019 2 763175 2155141 2918316 TUITION 611600 4014965 4014965 ROOM AND BOARD 611600 2315139 2315139 OTHER 611600 59726 59726 6389830 225217 225217 706439 425323 281116 281116 281116 9850 6655 3195 3195 9817674 6393025 0 506333 2147553 2147553 193320 193320 3053839 729777 2137183 186879 87809 81306 6503 208473 196555 11918 359113 172730 186383 80544 80544 50137 11923 38214 1373421 415722 937208 20491 149656 125771 17057 6828 97131 67821 26152 3158 400229 393406 6823 CONTRACTED SERVICES 1067039 1005199 7840 54000 GRANT PROGRAM EXPENSES 244749 244749 OTHER EXPENES 225856 115974 106282 3600 BAD DEBT AND COLLECTION 69377 69377 97320 71306 25079 935 9905566 5779792 3849883 275891 165278 137185 1165058 1166228 256636 247945 587595 475969 40311 42277 116352 204897 24856009 12486467 12546708 12369542 10217938 9918409 208876 182767 25304752 24745219 257211 188826 17474 36611 4458613 4207515 1132965 1144512 871982 824463 6738245 6401927 X 9326637 9258592 2605989 2411895 6633881 6672805 18566507 18343292 25304752 24745219 -87892 -135323 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9801465 38924 347686 617281 9570794 8724858 108400 1428996 460789 9801465 8818082 137026 844609 1074859 8724858 10254130 21527 237758 424624 1202799 67910 8818082 9284425 428732 1395356 114078 807775 66608 10254130 0.14000 0.70000 0.16000 1 1 0 21680228 10090171 11590057 1037630 686805 350825 2138151 1709491 428660 12369542 PENSION ACTURARIAL LIABILITY 659318 ANNUITY LIABILITIES 135584 INTEREST RATE SWAP LIABILITY 29561 824463 X 7546453 -135323 -2135898 -2271221 9817674 0 9817674 7769668 0 7769668 2135898 2135898 9905566 PART V, LINE 4: THE COLLEGE HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO GROW THE ENDOWMENT ASSETS AT A RATE THAT EXCEEDS INFLATION AS MEASURED BY THE CONSUMER PRICE INDEX. PART X, LINE 2: INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE COLLEGE HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE. THE COLLEGE BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE COLLEGES FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE COLLEGE HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2015 OR 2014. THE COLLEGE WOULD RECOGNIZE INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE. ALL TAX EXEMPT ENTITIES ARE SUBJECT TO REVIEW AND AUDIT BY FEDERAL, STATE AND OTHER APPLICABLE AGENCIES. SUCH AGENCIES MAY REVIEW THE TAXABILITY OF UNRELATED BUSINESS INCOME, OR THE QUALIFICATION OF THE TAX-EXEMPT ENTITY UNDER THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. THERE CURRENTLY ARE NO AUDITS OF THE COLLEGES RETURNS IN PROGRESS. WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS FOR TAX YEARS BEFORE 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION ASSISTANCE -2,142,553. BOOKSTORE COST OF SALES 6,655. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION ASSISTANCE 2,142,553. BOOKSTORE COST OF SALES -6,655. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 VIA ADVERTISEMENTS IN LOCAL NEWS MEDIA, IN ALL COLLEGE ADMISSIONS MATERIAL, AND IN THE COLLEGE CATALOG. SCHEDULE E, PART I, LINE 6 COLLEGE RECEIVES GOVERNMENTAL FUNDING UNDER THE FEDERAL STUDENT FINANCIAL AID PROGRAMS. 1 GRANTS TO STUDENTS FOR PAYMENT OF TUITION. 317 2147553 PART I, LINE 2: THE SCHOOL APPLIES THE MONIES GRANTED TO STUDENTS FOR TUITION DIRECTLY TO TUITION COSTS. A DEVELOPMENT AUTHORITY OF RANDOLPH COUNTY 272875016 2012-05-31 1 REHABILITATION AND RENOVATION OF COLLEGE FACILITIES AND REFI DEBT 0 0 0 A 5000000 425058 100000 1332164 2013 1 0 0 1 A 0 0 0 0 0 0 0 A 1 0 1 REGIONS BANK 10.000000000000 0 0 0 0 0 A 0 X 11 183928 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 WAS PROVIDED IN PDF FORMAT TO ALL DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS COMPLIANCE WITH THIS POLICY BY DISTRIBUTING THE POLICY HANDBOOK TO ALL EMPLOYEES AND TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.