PARK UNIVERSITY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- PARK UNIVERSITY (EIN 44-0562048)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-13
- IRS object ID
- 201511339349305541
- Schema version
- 2013v4.0
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-13T17:07:06-05:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 440562048 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARK | BusinessNameControlTxt |
| Phone | 8165846432 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8700 NW RIVER PARK DRIVE | AddressLine1 |
| City | PARKVILLE | City |
| State | MO | State |
| ZIP Code | 64152 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW VAN HOESEN | PersonNm |
| Person Title | INTERIM CFO | PersonTitleTxt |
| Phone | 8165846432 | PhoneNum |
| Signature | 2015-05-13 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparation | 2015-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PRESIDENT MICHAEL H DROGE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8700 NW RIVER PARK DRIVE | AddressLine1 |
| City | PARKVILLE | City |
| State | MO | State |
| ZIP Code | 64152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $115,938,085 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PARK.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1879 | FormationYr |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Activity Or Mission | PARK UNIVERSITY PROVIDES ACCESS TO A QUALITY HIGHER EDUCATION EXPERIENCE THAT PREPARES A DIVERSE COMMUNITY OF LEARNERS TO THINK CRITICALLY, COMMUNICATE EFFECTIVELY, DEMONSTRATE A GLOBAL PERSPECTIVE AND ENGAGE IN LIFELONG LEARNING AND SERVICE TO OTHERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 2533 | TotalEmployeeCnt |
| Total Volunteers | 410 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,526,791 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,938,554 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $81,635,135 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $75,909,992 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,407,690 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,404,417 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,004,993 | PYOtherRevenueAmt |
| CY Other Revenue | $2,338,409 | CYOtherRevenueAmt |
| PY Total Revenue | $87,574,609 | PYTotalRevenueAmt |
| CY Total Revenue | $82,591,372 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,786,828 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,407,178 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $47,137,146 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $47,309,903 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $779,737 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,838,195 | PYOtherExpensesAmt |
| CY Other Expenses | $27,587,422 | CYOtherExpensesAmt |
| PY Total Expenses | $77,762,169 | PYTotalExpensesAmt |
| CY Total Expenses | $80,304,503 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,812,440 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,286,869 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $133,822,950 | TotalAssetsBOYAmt |
| Total Assets EOY | $140,013,534 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $36,063,329 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $34,379,882 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $97,759,621 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $105,633,652 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | PARK UNIVERSITY PROVIDES ACCESS TO A QUALITY HIGHER EDUCATION EXPERIENCE THAT PREPARES A DIVERSE COMMUNITY OF LEARNERS TO THINK CRITICALLY, COMMUNICATE EFFECTIVELY, DEMONSTRATE A GLOBAL PERSPECTIVE AND ENGAGE IN LIFELONG LEARNING AND SERVICE TO OTHERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $56,567,880 | ExpenseAmt |
| Grant | $5,407,178 | GrantAmt |
| Revenue | $73,322,841 | RevenueAmt |
| Desc | PROVIDING HIGHER EDUCATION TO STUDENTS: THESE ARE EXPENSES CONNECTED WITH INSTRUCTION, ACADEMIC SUPPORT, AND STUDENT SERVICES, AND ALL OTHER CAMPUS RELATED FUNCTIONS. CURRENTLY PARK UNIVERSITY SERVES APPROXIMATELY 20,000 STUDENTS ANNUALLY IN THE PARKVILLE, MISSOURI AREA, IN THE KANSAS CITY AREA, AT REMOTE LOCATION CAMPUSES, AND ONLINE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,962,825 | ExpenseAmt |
| Revenue | $2,587,151 | RevenueAmt |
| Desc | AUXILIARY: THESE ARE EXPENSES CONNECTED WITH STUDENT HOUSING, FOOD SERVICE, AND A FITNESS CENTER. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $60,530,705 | 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 | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | 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 | Yes (true) | 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 | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 145 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2533 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | 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 | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | 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 |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MATTHEW VANHOESEN - INTERIM CFO | PersonNm |
| Phone | 8165846432 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8700 NW RIVER PARK DRIVE | AddressLine1 |
| City | PARKVILLE | City |
| State | MO | State |
| ZIP Code | 64152 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| LYNN BONDURANT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| KRIS FLINT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANN MESLE | ||||||||
| TRUSTEE,CHAI | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JOHN MILLER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ROSEMARY PLAKAS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JEANETTE PRENGER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID WARM | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| GAYDEN F CARRUTH | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER J DESILVA | ||||||||
| TRUSTEE, SEC | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KATHLEEN J DODD | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS H HOLCOM | ||||||||
| TRUSTEE, VIC | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| SUSAN MCGAUGHEY | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DENNY EPPERSON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BENJAMIN T ELKINS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DANNY K SAKATA | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDITH M SIMONITSCH | ||||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | 0.45 | ||
| RICHARD E THODE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC WADE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | 0.30 | ||
| JULIE WILSON | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL COLLINS | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK FOSTER | ||||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | 0.30 | ||
| DENNIS FISHER | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PETE KALE | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT MCRUER | ||||||||
| TRUSTEE, TRE | 3.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | 0.45 | |
| JOSEPH MELOOKARAN | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RAYMOND MOTT | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BRENT W MILES | ||||||||
| TRUSTEE | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL H DROGE | ||||||||
| PRESIDENT | 60.00 | $389,222 | $0 | $26,475 | Yes (X) | 0.30 | ||
| ROGER W HERSHEY | ||||||||
| VP & GENERAL | 60.00 | $234,061 | $0 | $22,185 | Yes (X) | 3.50 | ||
| JERRY D JORGENSEN | ||||||||
| PROVOST & VP | 60.00 | $198,084 | $0 | $13,068 | Yes (X) | |||
| DORLA D WATKINS | ||||||||
| VP FIN & ADM | 60.00 | $183,582 | $0 | $14,888 | Yes (X) | 0.45 | ||
| LAURIE D MCCORMACK | ||||||||
| VP UNIVERSIT | 60.00 | $167,392 | $0 | $19,666 | Yes (X) | |||
| RITA WEIGHILL | ||||||||
| VP COMMUNICA | 60.00 | $121,079 | $0 | $9,774 | Yes (X) | |||
| THIMIOS ZAHAROPOULOS | ||||||||
| VP GLOBAL LE | 30.00 | $80,664 | $0 | $7,114 | Yes (X) | |||
| PAUL GAULT | ||||||||
| SPECIAL ASST | 20.00 | $19,717 | $0 | $5,546 | Yes (X) | 0.45 | ||
| COURTNEY G HAWKINSON | ||||||||
| ASSOC VP GEN | 60.00 | $152,076 | $0 | $9,116 | Yes (X) | |||
| BRAD A KLEINDL | ||||||||
| DEAN SCH OF | 60.00 | $134,004 | $0 | $17,777 | Yes (X) | |||
| CLARINDA CREIGHTON | ||||||||
| ASSOC VP STU | 60.00 | $129,870 | $0 | $17,309 | Yes (X) | |||
| LAURIE NDIPADOVA-STOCKS | ||||||||
| DEAN HSPA | 60.00 | $122,871 | $0 | $16,700 | Yes (X) | |||
| CHARLES KATER | ||||||||
| ASSOC VP DIS | 60.00 | $118,448 | $0 | $4,799 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,051,070 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $184,417 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 18 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NCS PEARSON ECOLLEGE | |||||
| 2154 E COMMONS AVE STE 4000 | CENTENNIAL | CO | 80122 | DISTANT LEARNIN | $2,682,853 |
| MBS TEXTBOOK EXCHANGE | |||||
| PO BOX 617 | COLUMBIA | MO | 65205 | TEXTBOOKS | $1,336,558 |
| UMB BANK PBC CARD | |||||
| PO BOX 419734 | KANSAS CITY | MO | 64141 | PROCURE CARD | $1,071,558 |
| SODEXO | |||||
| 4550 CASCADE RD SE STE 206 | GRAND RAPIDS | MI | 49546 | DINING/FOOD MGT | $871,192 |
| JENZABAR INC | |||||
| PO BOX 828187 | PHILADELPHIA | PA | 191828187 | DOC MGMT | $742,814 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $411,713 | FundraisingAmt |
| All Other Contributions | $1,526,841 | AllOtherContributionsAmt |
| Noncash Contributions | $15,999 | NoncashContributionsAmt |
| Total Contributions | $1,938,554 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $73,322,841 | $73,322,841 |
| AUXILIARY ENTERPRISES | 611710 | $2,587,151 | $2,587,151 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $75,909,992 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,227,418 | TotalRevenueColumnAmt |
| Exclusion | $2,227,418 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,054,159 | TotalRevenueColumnAmt |
| Exclusion | $1,054,159 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $627,895 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $627,895 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $627,895 | TotalRevenueColumnAmt |
| Exclusion | $627,895 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,838,770 | SecuritiesAmt |
| Other | $5,587,162 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,248,933 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$5,410,163 | SecuritiesAmt |
| Other | $5,587,162 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $176,999 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$5,410,163 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $5,587,162 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $35,048 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $411,713 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $97,780 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$62,732 | TotalRevenueColumnAmt |
| Exclusion | -$62,732 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER SOURCES | 611710 | $651,112 | $651,112 |
| RECOVERY AND INDIRECT COSTS | 541900 | $67,975 | $67,975 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $719,087 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $82,591,372 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $71,218,916 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $9,433,902 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,407,178 | TotalAmt |
| Program Services | $5,407,178 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,310,747 | TotalAmt |
| Program Services | $303,768 | ProgramServicesAmt |
| Management And General | $876,078 | ManagementAndGeneralAmt |
| Fundraising | $130,901 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,056,027 | TotalAmt |
| Program Services | $29,811,704 | ProgramServicesAmt |
| Management And General | $8,863,990 | ManagementAndGeneralAmt |
| Fundraising | $380,333 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,124,775 | TotalAmt |
| Program Services | $779,745 | ProgramServicesAmt |
| Management And General | $334,806 | ManagementAndGeneralAmt |
| Fundraising | $10,224 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,750,167 | TotalAmt |
| Program Services | $1,555,901 | ProgramServicesAmt |
| Management And General | $1,153,367 | ManagementAndGeneralAmt |
| Fundraising | $40,899 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,068,187 | TotalAmt |
| Program Services | $2,244,106 | ProgramServicesAmt |
| Management And General | $793,407 | ManagementAndGeneralAmt |
| Fundraising | $30,674 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,544 | TotalAmt |
| Management And General | $145,544 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $377,705 | TotalAmt |
| Management And General | $377,705 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,110 | TotalAmt |
| Management And General | $207,110 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,728,116 | TotalAmt |
| Program Services | $2,868,153 | ProgramServicesAmt |
| Management And General | $851,206 | ManagementAndGeneralAmt |
| Fundraising | $8,757 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,173,723 | TotalAmt |
| Program Services | $2,676,583 | ProgramServicesAmt |
| Management And General | $358,178 | ManagementAndGeneralAmt |
| Fundraising | $138,962 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,874,133 | TotalAmt |
| Program Services | $795,242 | ProgramServicesAmt |
| Management And General | $1,039,904 | ManagementAndGeneralAmt |
| Fundraising | $38,987 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,491,560 | TotalAmt |
| Program Services | $221,731 | ProgramServicesAmt |
| Management And General | $1,269,829 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,854,397 | TotalAmt |
| Program Services | $954,608 | ProgramServicesAmt |
| Management And General | $899,789 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $958,472 | TotalAmt |
| Program Services | $767,961 | ProgramServicesAmt |
| Management And General | $190,511 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $816,556 | TotalAmt |
| Program Services | $453,816 | ProgramServicesAmt |
| Management And General | $362,740 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,612 | TotalAmt |
| Program Services | $68,421 | ProgramServicesAmt |
| Management And General | $9,191 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,024,445 | TotalAmt |
| Program Services | $2,666,287 | ProgramServicesAmt |
| Management And General | $358,158 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $453,931 | TotalAmt |
| Program Services | $95,512 | ProgramServicesAmt |
| Management And General | $358,419 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EDUCATION & GENERAL | $5,441,293 | $4,897,164 | $544,129 |
| AUXILIARY | $3,962,825 | $3,962,825 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,304,503 | TotalAmt |
| Program Services | $60,530,705 | ProgramServicesAmt |
| Management And General | $18,994,061 | ManagementAndGeneralAmt |
| Fundraising | $779,737 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,770,043 | BOYAmt |
| EOY | $15,335,928 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,340,250 | BOYAmt |
| EOY | $2,936,794 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $358,362 | BOYAmt |
| EOY | $409,883 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,708,270 | BOYAmt |
| EOY | $3,145,730 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,018 | BOYAmt |
| EOY | $56,328 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $929,347 | BOYAmt |
| EOY | $1,048,136 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $105,543,829 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $41,552,209 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,597,978 | BOYAmt |
| EOY | $63,991,620 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,060,682 | BOYAmt |
| EOY | $53,089,115 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,822,950 | BOYAmt |
| EOY | $140,013,534 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,818,873 | BOYAmt |
| EOY | $8,856,603 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,492,752 | BOYAmt |
| EOY | $3,576,315 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,165,000 | BOYAmt |
| EOY | $18,515,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,615,778 | BOYAmt |
| EOY | $2,238,089 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $970,926 | BOYAmt |
| EOY | $1,193,875 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,063,329 | BOYAmt |
| EOY | $34,379,882 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,585,092 | BOYAmt |
| EOY | $58,896,571 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,348,275 | BOYAmt |
| EOY | $12,126,034 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,826,254 | BOYAmt |
| EOY | $34,611,047 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,759,621 | BOYAmt |
| EOY | $105,633,652 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,822,950 | BOYAmt |
| EOY | $140,013,534 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,286,869 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,587,162 | NetUnrlzdGainsLossesInvstAmt |
| 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
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $559 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $29 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $588 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $79,524,178 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $79,524,766 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $2,368 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,191 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,999 | CurrentYearMinus1Amt |
| Current Year | $588 | CurrentYearAmt |
| Total | $6,146 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,756 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,148 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,927 | CurrentYearMinus1Amt |
| Current Year | $559 | CurrentYearAmt |
| Total | $5,390 | TotalAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,854,266 | BeginningYearBalanceAmt |
| Contributions | $354,628 | ContributionsAmt |
| Investment Earnings Or Losses | $10,586,947 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$2,550,305 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$511,911 | OtherExpendituresAmt |
| End Year Balance | $59,733,625 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $46,407,276 | BeginningYearBalanceAmt |
| Contributions | $314,479 | ContributionsAmt |
| Investment Earnings Or Losses | $7,061,205 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,488,848 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$439,848 | OtherExpendituresAmt |
| End Year Balance | $51,854,266 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $42,517,750 | BeginningYearBalanceAmt |
| Contributions | $300,933 | ContributionsAmt |
| Investment Earnings Or Losses | $5,794,975 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,561,296 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$645,086 | OtherExpendituresAmt |
| End Year Balance | $46,407,276 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $38,414,287 | BeginningYearBalanceAmt |
| Contributions | $434,855 | ContributionsAmt |
| Investment Earnings Or Losses | $6,524,250 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$1,010,200 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$865,842 | OtherExpendituresAmt |
| End Year Balance | $42,517,750 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,041,268 | BeginningYearBalanceAmt |
| Contributions | $160,451 | ContributionsAmt |
| Investment Earnings Or Losses | $5,398,395 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | -$506,064 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$2,553,246 | OtherExpendituresAmt |
| End Year Balance | $38,414,287 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.26490 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.58390 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.15120 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $12,810,853 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $359,717 | OtherCostOrOtherBasisAmt |
| Book Value | $13,170,570 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $55,451,415 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,075,281 | DepreciationAmt |
| Book Value | $34,376,134 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,921,844 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,476,928 | DepreciationAmt |
| Book Value | $16,444,916 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $63,991,620 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REFUNDABLE FEDERAL STUDENT LOANS | Desc |
| Amt | $1,193,875 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,193,875 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $82,771,356 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,587,162 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $5,587,162 | RevenueNotReportedAmt |
| Revenue Subtotal | $77,184,194 | RevenueSubtotalAmt |
| Other Revenues Not Included | $5,407,178 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,407,178 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $82,591,372 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $74,897,325 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $74,897,325 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $5,407,178 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,407,178 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $80,304,503 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 4, PART XI, LINE 4B | GRANTS & OTHER ASSISTANCE TO INDIVIDUALS IN THE US 5,407,178 |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | GRANTS & OTHER ASSISTANCE TO INDIVIDUALS IN THE US 5,407,178 - 0 |
| SCHEDULE D, PAGE 4, PART XIII | PART X - FIN 48 FOOTNOTE THE INTERNAL REVENUE SERVICE HAS RULED THAT THE UNIVERSITY QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A TAX EXEMPT ORGANIZATION, AND IS THEREFORE, NOT SUBJECT TO TAX UNDER PRESENT INCOME TAX LAWS; HOWEVER, CERTAIN INCOME THAT IS CONSIDERED UNRELATED BUSINESS INCOME COULD BE SUBJECT TO TAXATION. PART XIII - SUPPLEMENTAL FINANCIAL INFORMATION PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS THE INTENDED USE FOR THE ENDOWMENT FUNDS IS TO PROVIDE FUNDS FOR OPERATIONS, SCHOLARSHIPS, AND ACADEMIC PROGRAMS. |
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 | false | 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 (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | ALL VISUAL ADVERTISEMENTS INCLUDE OTHER UNDER SERVED CONSTITUENCIES. ALL EMPLOYMENT ADVERTISING INCLUDES AFFIRMATIVE ACTION LANGUAGE. |
| SCHEDULE E, LINE 6 | PARK UNIVERSITY RECEIVED THE FOLLOWING TYPES OF US DEPARTMENT OF EDUCATION FUNDS/MONIES: FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, FEDERAL DIRECT LOANS, FEDERAL WORKSTUDY, FEDERAL PERKINS LOAN, FEDERAL PELL GRANTS, TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION GRANTS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| TAIPEI, TAIWAN 10688 | 1 | 1 | EDUCATION MANAGEMENT | STUDENT SERVICES | $1,500 |
| LONDON, ENGLAND | 1 | 1 | EDUCATION MANAGEMENT | STUDENT SERVICES | $35,150 |
| KOWLOON, HONG KONG, CHINA | 1 | 1 | EDUCATION MANAGEMENT | STUDENT SERVICES | $24,416 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 3 | SubtotalOfficesCnt |
| Subtotal Employees | 3 | SubtotalEmployeesCnt |
| Total Office | 3 | TotalOfficeCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Subtotal Spent | $61,066 | SubtotalSpentAmt |
| Total Spent | $61,066 | 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PAGE 1, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | TAIPEI, TAIWAN 10688 1,500 0 LONDON, ENGLAND 35,150 0 KOWLOON, HONG KONG, CHINA 24,416 0 | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BALLYHOO | NameOfEvent1Amt |
| Gross Receipts Event1 | $406,411 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $375,771 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $30,640 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $4,500 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $20,961 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $750 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $55,861 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | GOLF TOURNAMENT | NameOfEvent2Amt |
| Gross Receipts Event2 | $40,350 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $35,942 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $4,408 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $2,835 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $10,537 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $1,709 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $627 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $446,761 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $411,713 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $35,048 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $2,835 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $15,037 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $22,670 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $750 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $56,488 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $97,780 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$62,732 | 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 |
|---|---|---|
| ATHLETIC SCHOLARSHIPS | 196 | $1,497,493 |
| ACADEMIC SCHOLARSHIPS | 1136 | $3,909,685 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | IN AS MUCH AS ALL GRANTS ARE NON-CASH ASSISTANCE FOR STUDENT RECIPIENTS' TUITION, ROOM, BOARD OR BOOKS, WHEN SUCH REMISSION OCCURS, IT IS A DIRECT REDUCTION OF THE STUDENT'S FEES TO THE UNIVERSITY. SINCE NO GRANT FUNDS ARE IN DIRECT CONTROL OF THE RECIPIENT, THE RECIPIENT IS NOT IN A POSITION TO DIVERT THE GRANT FROM INTENDED USE. FOR ATHLETIC SCHOLARSHIPS, THE ATHLETIC DIRECTOR AND DIRECTOR OF STUDENT FINANCIAL SERVICES, TO ENSURE COMPLIANCE WITH NAIA RULES, MUST MONITOR SCHOLARSHIP EXPENDITURES FOR EACH STUDENT AND PROGRAM. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| MICHAEL H DROGE | |||||
| PRESIDENT | $388,430 | $792 | $19,600 | $6,875 | $415,697 |
| ROGER W HERSHEY | |||||
| VP & GENERAL COUNSEL | $232,537 | $1,524 | $13,398 | $8,787 | $256,246 |
| JERRY D JORGENSEN | |||||
| PROVOST & VP ACAD AF | $197,568 | $516 | $6,120 | $6,948 | $211,152 |
| DORLA D WATKINS | |||||
| VP FIN & ADMIN | $183,066 | $516 | $10,241 | $4,647 | $198,470 |
| LAURIE D MCCORMACK | |||||
| VP UNIVERSITY ADV | $166,876 | $516 | $10,489 | $9,177 | $187,058 |
| COURTNEY G HAWKINSON | |||||
| ASSOC VP GEN COUNSEL | $152,006 | $70 | $9,116 | $161,192 | |
| BRAD A KLEINDL | |||||
| DEAN SCH OF BUSINESS | $133,540 | $464 | $8,600 | $9,177 | $151,781 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART III | FormAndLineReferenceDesc |
| Explanation | PART I, LINE 1A - FRINGE OR EXPENSE EXPLANATION PARK UNIVERSITY PROVIDED ON CAMPUS HOUSING TO THE PRESIDENT. THE FAIR MARKET VALUE OF THE HOUSING QUALIFIED AS A NON-TAXABLE BENEFIT UNDER CODE SECTION 119, AND IS NOT INCLUDED ON FORM W-2. PARK UNIVERSITY PROVIDED PERSONAL SERVICES IN THE FORM OF HOUSEKEEPING SERVICES IN THE PRESIDENT'S ON CAMPUS RESIDENCE TO ACCOMODATE THE SIGNIFICANT NUMBER OF TIMES THE RESIDENCE WAS USED AS A LESS FORMAL MEETING VENUE FOR THE PRESIDENT TO INTERACT WITH DONORS, TRUSTEES, VISITING DIGNITARIES, PROFESSORS, SPEAKERS, PERFORMERS, ETC. THE FAIR MARKET VALUE WAS NOT TREATED AS TAXABLE INCOME BECAUSE THE COSTS OF HOUSEKEEPING ASSOCIATED WITH THE SIGNIFICANT "PUBLIC" USE OF THE RESIDENCE WAS DEEMED TO BE AN APPROPRIATE BUSINESS EXPENSE. PARK UNIVERSITY PROVIDED SPOUSAL TRAVEL TO THE PRESIDENT. THE FAIR MARKET VALUE WAS NOT TREATED AS TAXABLE COMPENSATION BECAUSE THE TRAVEL WAS DEEMED TO BE FOR THE BONA FIDE BUSINESSS PURPOSES OF THE UNIVERSITY. | ExplanationTxt |
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 | IDA OF PARKVILLE MISSOURI | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 440562048 | BondIssuerEIN |
| CUSIP | 701533AA9 | CUSIPNum |
| Bond Issued | 2007-09-13 | BondIssuedDt |
| Issue Price | $22,000,000 | IssuePriceAmt |
| Purpose | STUDENT RESIDENCE | PurposeDesc |
| Defeased | Yes (true) | 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 |
| Total Proceeds | $18,515,000 | TotalProceedsAmt |
| Working Capital Expenditures | $21,891,303 | WorkingCapitalExpendituresAmt |
| Substantial Completion | 2008 | 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 | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | 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 | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | 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 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K - ADDITIONAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | IDA OF PARKVILLE MISSOURI 18,515,000 IN PART II, LINE 3, COLUMN A, REFLECTS THE AMOUNT OF PRINCIPAL OUTSTANDING FOR THE BOND ISSUE, WHICH WAS ORIGINALLY 22,000,000, AS SHOWN IN PART I, LINE A, COLUMN (E). | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| UMB NA | |||
| BANKING | $1,071,558 | BANKING RELATIONSHIP | false |
| PRAIRIE CAPITAL | |||
| BANK SUBSIDIARY | $49,457 | INVESTMENT CONSULT | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART V | FormAndLineReferenceDesc |
| Explanation | FORM 990, SCHEDULE L, PART IV, LINE 1 NAME OF INTERESTED PERSON UMB BANK, N.A. RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION BANKING AMOUNT OF TRANSACTIONS 1,071,558 DESCRIPTION OF TRANSACTIONS SINCE 1975 UMB BANK, NA ("UMB") (OF WHICH TRUSTEE PETER DESILVA IS THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER), HAS HAD BANKING RELATIONSHIPS WITH PARK UNIVERSITY ("UNIVERSITY"). HISTORICALLY UMB HAS PROVIDED LINES OF CREDIT (1986), BANKCARD SERVICES (1997), ENDOWMENT INVESTMENT SERVICES (1975)AND OTHER COMMERCIAL BANKING SERVICES TO PARK UNIVERSITY ("UNIVERSITY"). IN 2005, THE UNIVERSITY ACCELERATED PLANNING FOR CONSTRUCTION OF A MAJOR NEW RESIDENCE HALL AND A REHABILITATED EXERCISE CENTER ("PROJECT"). IN PREPARATION FOR THAT PROJECT THE UNIVERSITY EXPLORED MANY FINANCING OPTIONS AND INTEREVIEWED TWO INTENSELY COMPETITIVE FIRMS, NEITHER OF WHICH MATCHED UMB'S SERVICE, PRICE, OR RESPONSIVENESS. THE UMB PARTICIPATION IN THE PROJECT WAS A MAJOR CONTRIBUTING FACTOR TO THE SUCCESSFUL COMPLETION OF THE PROJECT ON TIME AND WITHIN BUDGET. BEYOND THAT, UMB HAS HISTORICALLY BEEN EXCEPTIONALLY SUPPORTIVE OF PARK UNIVERSITY IN DIFFICULT FINANCIAL TIMES WHEN OTHER LENDERS WOULD NOT HAVE BEEN SO COOPERATIVE. FORM 990, SCHEDULE L, PART IV, LINE 2 NAME OF INTERESTED PERSON PRAIRIE CAPITAL RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION BANK SUBSIDIARY AMOUNT OF TRANSACTIONS 49,457 DESCRIPTION OF TRANSACTIONS SINCE 1975 UMB BANK, N.A. ("UMBB"), A SUBSIDIARY OF UMB FINANCIAL CORPORATION, ("UMBF"), HAS HAD BANKING RELATIONSHIPS WITH PARK UNIVERSITY ("PARK"). TRUSTEE PETER DESILVA BECAME A MEMBER OF THE UNIVERSITY'S BOARD OF TRUSTEES ("BOARD") ON JULY 1, 2006 AND WAS A TRUSTEE DURING THE PERIOD COVERED BY THIS ANNUAL 990 ("REPORTING PERIOD")DURING WHICH TIME HE SERVED AS PRESIDENT AND CHIEF OPERATING OFFICER OF UMBB AND UMBF. HISTORICALLY, UMBB HAS PROVIDED TO PARK LINES OF CREDIT (1986), BANKCARD SERVICES (1997), ENDOWMENT INVESTMENT SERVIES (1975), AND SERVICES RELATED TO THE BOND FINANCING OF NEW STUDENT HOUSING (2005). IN JULY 2010, UMBF ACQUIRED A SUBSIDIARY NOW KNOWN AS PRAIRIE CAPITAL MANAGEMENT, LLC ("PCM") WHICH IS A SISTER COMPANY TO UMBB. IN 2012/2013, PARK UNDERTOOK TO IDENTIFY FIRMS ABLE AND WILLING TO ASSIST PARK WITH MANAGEMENT OF ITS ENDOWMENT MONEY MANAGERS. DURING THAT EFFORT PCM WAS IDENTIFED AS A FINALIST. AFTER CONSIDERING AND INTERVIEWING COMPETING RESPONDENTS, PCM WAS SELECTED, AND HAS PROVIDED SUCH SERVICES SINCE MARCH OF 2012. FROM 2010 THROUGH THE REPORTING PERIOD, MR. DESILVA SERVED ON THE PCM BOARD OF DIRECTORS. MR. DESILVA WAS NOT AWARE OF THE UNIVERSITY'S 2012/2013 SEARCH OF ENDOWMENT MANAGEMENT ADVISORY SERVICES, NOR WAS HE AWARE OF PARK'S SELECTION OF PCM UNTIL AFTER THE FACT. HE PARTICIPATED IN NO MEETING OF THE PARK BOARD OR ITS COMMITTEES THAT WERE INVOLVED IN THE ESTABLISHMENT OR ONGOING NATURE OF THE PCM RELATIONSHIP. BEYOND THAT, UMBB HAS LONG BEEN EXCEPTIONALLY SUPPORTIVE OF PARK IN DIFFICULT FINANCIAL TIMES WHEN OTHER LENDERS WOULD NOT HAVE BEEN SO COOPERATIVE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $6,100 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Art Historical Treasures ArtHistoricalTreasuresGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $30 | 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 | $1,050 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | REPLACEMENT COSTS | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $1,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,047 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $200 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | PRINTING | 1 | $1,072 | COST |
| Yes (X) | 15 TKTS SPORTS | 1 | $1,500 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE M, PAGE 1, PART I, LINE 32B | FormAndLineReferenceDesc |
| Explanation | AN INDEPENDENT BROKER IS USED TO SELL GIFTS OF SECURITIES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | PARK UNIVERSITY PROVIDES ACCESS TO A QUALITY HIGHER EDUCATION EXPERIENCE THAT PREPARES A DIVERSE COMMUNITY OF LEARNERS TO THINK CRITICALLY, COMMUNICATE EFFECTIVELY, DEMONSTRATE A GLOBAL PERSPECTIVE AND ENGAGE IN LIFELONG LEARNING AND SERVICE TO OTHERS. |
| FORM 990, PAGE 6, PART VI, LINE 7A | THE PRESIDENT OF THE PARK UNIVERSITY ALUMNI ASSOCIATION, IF NOT AN EMPLOYEE OF PARK UNIVERSITY, SERVES EX OFFICIO AS A VOTING TRUSTEE. THAT PRESIDENT IS SELECTED BY THE MEMBERS OF THE PARK UNIVERSITY ALUMNI ASSOCIATION. IF THAT PRESIDENT IS UNABLE TO SERVE, THAT ASSOCIATION IS ENTITLED TO NOMINATE, BUT NOT ELECT, A SUBSTITUTE TRUSTEE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE DRAFT FOR THE FORM 990 IS PREPARED BY THE UNIVERSITY'S CONTROLLER AND THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND MEMBERS OF THE AUDIT COMMITTEE BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE ("IRS"). THE FORMAL 990 REVIEW WAS CONDUCTED BY THE AUDIT COMMITTEE AT A MEETING TO WHICH ALL TRUSTEES WERE INVITED AND ENCOURAGED TO ATTEND. A NUMBER OF NON-AUDIT COMMITTEE TRUSTEES PARTICIPATED IN THE AUDIT COMMITTEE'S 990 REVIEW MEETING. ALSO PRIOR TO FILING THE UNIVERSITY'S 990 WITH THE IRS, ALL TRUSTEES WERE NOTIFIED THAT THE 990 HAD BEEN POSTED FOR THEIR REVIEW ON THE UNIVERSITY'S SECURE, CONFIDENTIAL, ELECTRONIC "BOARD PORTAL." THE BOARD PORTAL IS THE CHANNEL UTILIZED BY THE UNIVERSITY TO PROVIDE MANAGEMENT AND GOVERNANCE INFORMATION TO THE BOARD. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD OF TRUSTEES ("BOARD") OF PARK UNIVERSITY HAS ADOPTED AND REGULARLY MONITORS THE IMPLEMENTATION, PERIODIC REVIEW, AND UPDATING, OF THE PARK UNIVERSITY CONFLICT OF INTEREST POLICY ("POLICY"). AT LEAST ONCE EACH YEAR, EACH "INTERESTED PERSON" (AS DEFINED IN THE POLICY), UNIVERSITY OFFICERS, UNIVERSITY TRUSTEES, AND KEY EMPLOYEES OF THE UNIVERSITY ARE REQUIRED TO FILE A PARK UNIVERSITY CONFLICT OF INTEREST DISCLOSURE STATEMENT ("DISCLOSURE STATEMENT"). IN ADDITION, INTERESTED PERSONS ARE REQUIRED TO FILE UPDATED DISCLOSURE STATEMENTS AT ANYTIME POTENTIAL OR ACTUAL CONFLICTS OF INTEREST ARISE. WHEN NEW TRUSTEES ARE ELECTED TO THE BOARD AND WHEN EMPLOYEES BECOME INTERESTED PERSONS, EACH IS REQUIRED TO FILE A DISCLOSURE STATEMENT. ATTORNEYS IN THE OFFICE OF GENERAL COUNSEL, COLLECT AND REVIEW THE NATURE OF THE CONFLICTS AND RELATED INFORMATION REPORTED ON THE DISCLOSURE STATEMENTS. THE BOARD OF TRUSTEES HAS DELEGATED TO THE AUDIT COMMITTEE THE AUTHORITY TO TAKE ACTIONS DESCRIBED BELOW. THE AUDIT COMMITTEE INITIATES AN INQUIRY INTO WHETHER A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON WHO IS THE SUBJECT OF AN AUDIT COMMITTEE CONFLICTS INQUIRY MAY PRESENT INFORMATION RELEVANT TO THE EXISTENCE OF A CONFLICT OF INTEREST. HOWEVER, THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE DELIBERATIONS OF THE AUDIT COMMITTEE, AND EVEN IF THE INTERESTED PERSON IS A MEMBER OF THE AUDIT COMMITTEE, THE INTERESTED PERSON MAY NOT PARTICIPATE IN THE DELIBERATIONS OF THE AUDIT COMMITTEE THAT ARE RELATED TO THE CONFLICT INQUIRY, AND MAY NOT VOTE ON ANY ISSUE RELATED TO THE CONFLICT INQUIRY, INCLUDING THE EXISTENCE OF A CONFLICT OF INTEREST OR ANY ACTIONS TO BE TAKEN BY THE AUDIT COMMITTEE, THE EXECUTIVE COMMITTEE OR THE BOARD AS A RESULT OF THE EXISTENCE OF A CONFLICT ON INTEREST. THE CHAIR OF THE AUDIT COMMITTEE KEEPS THE BOARD CHAIR, THE EXECUTIVE COMMITTEE, THE TRUSTEESHIP COMMITTEE,THE BOARD OF TRUSTEES AND THE VICE-PRESIDENT & GENERAL COUNSEL APPRISED OF THE STATUS OF CONFLICT-RELATED INQUIRIES AND OTHER CONFLICT-RELATED MATTERS THAT ARE WITHIN THE PURVIEW OF THE AUDIT COMMITTEE. THE AUDIT COMMITTEE CHAIR, BOARD CHAIR, AND OTHER TRUSTEES REGULARLY SEEK LEGAL COUNSEL FROM THE VICE PRESIDENT & GENERAL COUNSEL'S OFFICE REGARDING CONFLICTS RELATED ISSUES. NO TRUSTEE (MEMBER OF THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE) WHO HAS A CONFLICT OF INTEREST MAY PARTICIPATE IN DELIBERATIONS OR ANY DECISION MAKING RELATED TO THAT CONFLICT OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD EXECUTIVE COMMITTEE FUNCTIONS AS THE UNIVERSITY'S "AUTHORIZED BODY" WITH REGARDS TO THE COMPENSATION OF THE UNIVERSITY PRESIDENT (WHO IS THE CEO AND TOP MANAGEMENT OFFICIAL OF THE UNIVERSITY), AND THE COMPENSATION OF UNIVERSITY OFFICERS. THE EXECUTIVE COMMITTEE HAS A COMPENSATION ADVISORY SUBCOMMITTEE THAT FOCUSES ON THESE MATTERS, ASSISTS THE EXECUTIVE COMMITTEE, AND MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE, BUT MAKES NO DECISIONS REGARDING EXECUTIVE COMPENSATION MATTERS. NO TRUSTEE (MEMBER OF THE BOARD OF TRUSTEES OR THE EXECUTIVE COMMITTEE)WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A COMPENSATION ARRANGEMENT MAY PARTICIPATE IN COMPENSATION DELIBERATIONS OR IN ANY DECISION MAKING OF THE EXECUTIVE COMMITTEE THAT ARE RELATED TO A CONFLICT OF INTEREST OF THE TRUSTEE. THE EXECUTIVE COMMITTEE AND THE PRESIDENT, WITH ASSISTANCE FROM THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION AND THE VICE PRESIDENT & GENERAL COUNSEL OBTAIN COMPARABLE COMPENSATION INFORMATION FROM A VARIETY OF SOURCES, INCLUDING THE MOST CURRENT ADMINISTRATIVE COMPENSATION SURVEY PRODUCED BY THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES ("CUPA SURVEY") AND THE JOINT COMPENSATION AND BENEFITS PROVISION OF LEGAL SERVICES SURVEY REPORT ("NACUA SURVEY") PERIODICALLY COMPILED BY THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY ATTORNEYS. THE EXECUTIVE COMMITTEE ALSO CONSIDERS COMPENSATION DATA THAT MAY BE AVAILABLE FROM OTHER SOURCES SUCH AS THE CHRONICLE OF HIGHER EDUCATION. THE EXECUTIVE COMMITTEE USES THAT DATA IN ITS PERIODIC COMPENSATION DELIBERATIONS. THE CUPA SURVEY INCLUDES DATA REGARDING COMPENSATION OF PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE NACUA SURVEY INCLUDES DATA REGARDING COMPENSATION OF ATTORNEYS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE PRESIDENT OF THE UNIVERSITY MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE REGARDING THE COMPENSATION OF VICE PRESIDENTS OF THE UNIVERSITY AND MAY PARTICIPATE IN DELIBERATIONS RELATED TO COMPENSATION OF UNIVERSITY EMPLOYEES WHOSE COMPENSATION IS CONSIDERED BY THE BOARD CHAIR, THE EXECUTIVE COMMITTEE AND/OR THE BOARD OF TRUSTEES. DELIBERATIONS OF THE EXECUTIVE COMMITTEE REGARDING EXECUTIVE COMPENSATION ARE CONTEMPORANEOUSLY DOCUMENTED AND RECORDS REGARDING EXECUTIVE COMPENSATIONS ARRANGEMENTS ARE MAINTAINED. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE SCHEDULE O, PART IV LINE 15A FOR COMPENSATION PROCESS FOR OTHER OFFICERS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE PARK UNIVERSITY ("UNIVERSITY") ARTICLES OF INCORPORATION AND AMENDMENTS THERETO ARE PUBLICLY AVAILABLE IN THE OFFICE OF THE MISSOURI SECRETARY OF STATE. THE UNIVERSITY ENTERTAINS REQUESTS FOR COPIES OF THE CONFLICTS OF INTEREST POLICY. THE UNIVERSITY PROVIDES FINANCIAL INFORMATION ABOUT THE UNIVERSITY TO THE PUBLIC VIA ITS FORM 990. |
| FORM 990, PART XI, LINE 9 | GRANTS & OTHER ASSISTANCE TO INDIVIDUALS IN THE US -5,407,178 GRANTS & OTHER ASSISTANCE TO INDIVIDUALS IN THE US 5,407,178 - 0 |
| FORM 990, PART XI, LINE 9 | GRANTS & OTHER ASSISTANCE TO INDIVIDUALS 5,407,178 GRANTS & OTHER ASSISTANCE TO INDIVIDUALS 5,407,178 |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK VISTA LLC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8700 NW RIVER PARK DRIVE | AddressLine1 |
| City | PARKVILLE | City |
| State | MO | State |
| ZIP Code | 64152 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 440562048 | EIN |
| Primary Activities | LEASING | PrimaryActivitiesTxt |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Total Income | $237,185 | TotalIncomeAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK UNIV | BusinessNameLine1 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK UNIVERSITY ENTERPRISES INC | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5700 BROADMOOR ST | AddressLine1 |
| City | MISSION | City |
| State | KS | State |
| ZIP Code | 662022415 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 431830400 | EIN |
| Primary Activities | BUS EDUC | PrimaryActivitiesTxt |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Exempt Code Section | 501C3 | ExemptCodeSectionTxt |
| Public Charity Status | 11A | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK UNIV | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARK UNIVERSITY ENTERPRISES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $80,000 | InvolvedAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | SCHEDULE R, PART IV PARK UNIVERSITY DOES RECEIVE INCOME FROM THE GEORGE DAVIS TRUSTS, BUT DISTRIBUTIONS DO NOT EXCEED 25%. | ExplanationTxt |