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NOVA SOUTHEASTERN UNIVERSITY INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
NOVA SOUTHEASTERN UNIVERSITY INC (EIN 59-1083502)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-05-13
IRS object ID
201521339349303632
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-05-13T13:46:26-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 North Greene StreetAddressLine1
CityGreensboroCity
StateNCState
ZIP Code27401ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN591083502EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Nova Southeastern University IncBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlNOVABusinessNameControlTxt
Phone9542625258PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13301 College AvenueAddressLine1
CityFort LauderdaleCity
StateFLState
ZIP Code33314ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGeorge L Hanbury IIPhDPersonNm
Person TitlePresident and CEOPersonTitleTxt
Phone9542627500PhoneNum
Signature2015-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAllison FranklinPreparerPersonNm
PTINP00448640PTIN
Phone3362753394PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1Nova Southeastern UniversityBusinessNameLine1
FieldValueIRS element (for citing)
Principal OfficerGeorge L Hanbury IIPhDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13301 College AvenueAddressLine1
CityFort LauderdaleCity
StateFLState
ZIP Code33314ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$797,521,457GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.nova.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1964FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionNova Southeastern University's primary activity is to provide educational services. See Part III.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent25VotingMembersIndependentCnt
Total Employee9316TotalEmployeeCnt
Total Volunteers1577TotalVolunteersCnt
Total Gross UBI$3,896,639TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$390,083NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$35,413,695PYContributionsGrantsAmt
CY Contributions Grants$44,294,507CYContributionsGrantsAmt
PY Program Service Revenue$606,609,141PYProgramServiceRevenueAmt
CY Program Service Revenue$616,295,517CYProgramServiceRevenueAmt
PY Investment Income$5,514,165PYInvestmentIncomeAmt
CY Investment Income$6,941,078CYInvestmentIncomeAmt
PY Other Revenue$3,922,764PYOtherRevenueAmt
CY Other Revenue$3,604,112CYOtherRevenueAmt
PY Total Revenue$651,459,765PYTotalRevenueAmt
CY Total Revenue$671,135,214CYTotalRevenueAmt
PY Grants And Similar Paid$40,842,444PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$45,313,340CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$351,483,758PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$371,011,369CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,148,691CYTotalFundraisingExpenseAmt
PY Other Expenses$223,433,010PYOtherExpensesAmt
CY Other Expenses$222,858,185CYOtherExpensesAmt
PY Total Expenses$615,759,212PYTotalExpensesAmt
CY Total Expenses$639,182,894CYTotalExpensesAmt
PY Revenues Less Expenses$35,700,553PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$31,952,320CYRevenuesLessExpensesAmt
Total Assets BOY$1,148,069,543TotalAssetsBOYAmt
Total Assets EOY$1,273,022,908TotalAssetsEOYAmt
Total Liabilities BOY$542,129,900TotalLiabilitiesBOYAmt
Total Liabilities EOY$625,959,064TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$605,939,643NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$647,063,844NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe mission of Nova Southeastern University, a private, not-for-profit institution, is to offer a diverse array of innovative academic programs that complement on-campus educational opportunities and resources with accessible, (continued on Schedule O) distance-learning programs to foster academic excellence, intellectual inquiry, leadership, research, and commitment to community through engagement of students and faculty members in a dynamic lifelong learning environment.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$281,267,577ExpenseAmt
Grant$30,592,170GrantAmt
Revenue$539,677,339RevenueAmt
DescInstructional Services: Nova Southeastern University (NSU) offers undergraduate, graduate and professional degrees, and certificate programs to nearly 26,000 full and part-time students in a wide range of fields including medicine, dentistry, health sciences, computer sciences, law, education, business, marine biology, humanities, biological and environmental science, performing and visual arts, psychology and other social sciences. NSU's colleges and schools include the Graduate School of Computer and Information Sciences, College of Health Care Services, Oceanographic Center, Institute for the Study of Human Service, Health and Justice, Center for Psychological Studies, H. Wayne Huizenga School of Business and Entrepreneurship, College of Medical Sciences (continued on Schedule O) Mailman Segal Center for Human Development, College of Optometry, College of Pharmacy, Farquhar College of Arts and Sciences, College of Nursing, College of Osteopathic Medicine, Abraham S. Fischler School of Education, Shepard Broad Law Center, College of Dental Medicine and Graduate School of Humanities and Social Sciences. Courses are taught at four South Florida campuses; nine regional campus locations, including the Bahamas and Puerto Rico; and at sites in 13 states, as well as foreign countries. NSU's University School offers innovative alternatives in primary and secondary education to children from preschool through grade 12.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$84,619,865ExpenseAmt
Grant$322,712GrantAmt
Revenue$7,133,052RevenueAmt
DescAcademic Support: Library Program operates a 325,000 square feet main campus library and branch libraries. Other programs include computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional activities.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$40,753,621ExpenseAmt
Grant$690,679GrantAmt
Revenue$38,446,299RevenueAmt
DescAuxiliary Enterprises: Health Profession Division provides outpatient medical services including dental, optometry, pharmacy, occupational and physical therapy. In addition, seven residence halls on the main campus serve undergraduate, graduate, health professions and law students, with a capacity for housing nearly 1,500 students. The Don Taft University Center is a state-of-the-art, 366,000-square-foot facility that features three NCAA competition courts in the main arena, as well as two intramural courts, group fitness and instruction rooms, cardio and weight training areas, squash courts, a rock climbing wall, and The Flight Deck (student lounge). The Performing and Visual Arts Wing of the Don Taft University Center houses the college's Division of Performing and Visual Arts and includes state (continued on Schedule 0) of the art classrooms and facilities that support the division's art, dance, music, and theatre majors.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$144,138,922ExpenseAmt
Grant$13,707,779GrantAmt
Revenue$31,038,827RevenueAmt
DescOther program services include: Public Service, Research and Agency Services. Nova Southeastern University goes beyond its primary mission of providing school and university curricula by reaching out to the community with diverse service and clinical programs, community-based research, and resources. NSU is designated by Carnegie Foundation with it's prestigious "community-engaged" designation, has been rated one of the Top 20 Colleges in the Nation Committed to Community Service by BestCollegesOnline, and most recently, was named to the 2013 President's Higher Education Community Service Honor Roll. The university continues to grow its research activities. In 2014, NSU broke ground on the new Center for Collaborative Research, a 215,000-square-foot facility that will house an IBM supercomputer, one of Florida's largest wet labs, the NSU Technology Incubator and some of the world's most accomplished researchers.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$144,138,922TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$13,707,779TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$31,038,827TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$550,779,985TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related PersonYes (1)GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (1)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document37859IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee9316EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryCJForeignCountryCd
Foreign CountryBFForeignCountryCd
Foreign CountryJMForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member25IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Alyson Silva VP of Finance & CFOBusinessNameLine1
FieldValueIRS element (for citing)
Phone9542625258PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13301 College AvenueAddressLine1
CityFort LauderdaleCity
StateFLState
ZIP Code33314ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Ronald G Assaf
Chair0.500.10Yes (X)$0$0$0
Mitchell Berger
Trustee0.50Yes (X)$0$0$0
Keith Brown
Trustee0.50Yes (X)$0$0$0
Rick Case
Trustee0.50Yes (X)$0$0$0
R Douglas Donn
Trustee0.50Yes (X)$0$0$0
W Tinsely Ellis
Trustee0.50Yes (X)$0$0$0Yes (X)
Arthur J Falcone
Trustee0.50Yes (X)$0$0$0
Silvia Flores
Trustee0.50Yes (X)$0$0$0
Steven J Halmos
Trustee0.50Yes (X)$0$0$0
Carol M Harrison
Trustee0.50Yes (X)$0$0$0
Mike Jackson
Trustee0.50Yes (X)$0$0$0
Royal F Jonas
Trustee0.501.00Yes (X)$41,000$0$0
Milton Jones
Trustee0.50Yes (X)$0$0$0
Barbara Trebbi Landry
Trustee0.50Yes (X)$0$0$0
Alan B Levan
Trustee0.50Yes (X)$0$0$0
Nell McMillan Lewis
Trustee0.50Yes (X)$0$0$0
Thomas E Lynch
Trustee0.50Yes (X)$0$0$0
Albert J Miniaci
Trustee0.50Yes (X)$0$0$0
Samuel Morrison
Trustee0.50Yes (X)$0$0$0
Charles F Palmer
Trustee0.50Yes (X)$0$0$0
Martin R Press
Trustee0.50Yes (X)$0$0$0
Paul M Sallarulo
Trustee0.50Yes (X)$0$0$0
E Clay Shaw Jr
Trustee0.50Yes (X)$0$0$0
Barry J Silverman
Vice Chair0.500.10Yes (X)$0$0$0
Franklin L Smith
Trustee0.50Yes (X)$0$0$0
J Kenneth Tate
Trustee0.500.10Yes (X)$0$0$0
Zachariah P Zachariah
Trustee0.50Yes (X)$0$0$0
Michael Zager
Trustee0.50Yes (X)$0$0$0
George L Hanbury II PhD
President/Chief Executive37.500.10Yes (X)$810,019$0$60,513Yes (X)
Jacqueline A Travisano
Exec VP/Chief Operating Officer37.50$372,674$0$60,528Yes (X)
Francis A DePiano
Exec VP/Provost37.500.10$381,703$0$32,903Yes (X)
Frederick Lippman
Health Profess Div Chancellor37.501.20$430,302$0$26,638Yes (X)
H Wells Singleton
Dean/School of Education37.50$329,018$0$28,571Yes (X)
Tracy A Favreau
Professor/Prog. Director37.50$291,010$0$31,694Yes (X)
Ray Ferrero Jr
University Chancellor37.50$401,391$0$62,109Yes (X)
Joseph D Harbaugh
Professor of Law37.50$334,546$0$39,997Yes (X)
Kenneth E Johnson
Professor37.50$287,046$0$44,107Yes (X)
Anthony J Silvagni
Dean/Professor37.50$337,634$0$39,751Yes (X)
Randolph Pohlman
Professor (Former Key Emp)37.50$251,252$0$38,943Yes (X)
John Santulli
VP/Facilities Mgt (Former Key Emp)37.50$121,643$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,389,238TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$465,754TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K585IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
TCB Systems Inc
11861 SW 144 Court Bay 3MiamiFL33186Janitorial Services$9,760,852
Stiles Corporation
301 East Las Olas BlvdFt LauderdaleFL33301Construction$7,686,674
Fahlgren Inc
PO Box 1628ParkersburgWV26102Advertising$6,413,494
Chartwells
777 Glades RoadBoca RatonFL33431Food Services$5,896,106
Grycon LLC
4101 Ravenswood Rd Ste 325Dania BeachFL33312Construction$4,783,268
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K97CntrctRcvdGreaterThan100KCnt
Fundraising$833,644FundraisingAmt
Government Grants$26,075,603GovernmentGrantsAmt
All Other Contributions$17,385,260AllOtherContributionsAmt
Noncash Contributions$5,674,625NoncashContributionsAmt
Total Contributions$44,294,507TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
Tuition and Fees611710$564,641,728$564,641,728
Auxiliary Operations611710$38,446,299$21,771,997$16,674,302

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,207,490TotalRevenueColumnAmt
Related Or Exempt Func Income$13,207,490RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$616,295,517TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,626,937TotalRevenueColumnAmt
Unrelated Business Revenue$12,245UnrelatedBusinessRevenueAmt
Exclusion$6,614,692ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$232,858RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$110,806RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$122,052RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$122,052TotalRevenueColumnAmt
Exclusion$122,052ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$125,121,700SecuritiesAmt
Other$62,550OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$124,805,450SecuritiesAmt
Other$64,659OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$316,250SecuritiesAmt
Other-$2,109OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$314,141TotalRevenueColumnAmt
Exclusion$314,141ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$307,672FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$833,644ContriRptFundraisingEventAmt
Fundraising Direct Expenses$902,699FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$595,027TotalRevenueColumnAmt
Exclusion-$595,027ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,280,608GrossSalesOfInventoryAmt
Cost Of Goods Sold$502,629CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$777,979TotalRevenueColumnAmt
Related Or Exempt Func Income$172,693RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$605,286UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescGrande Oaks LLCDesc
Business713910BusinessCd
Total Revenue Column$3,299,108TotalRevenueColumnAmt
Related Or Exempt Func Income$20,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,279,108UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,299,108OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$671,135,214TotalRevenueColumnAmt
Related Or Exempt Func Income$599,813,908RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,896,639UnrelatedBusinessRevenueAmt
Exclusion$23,130,160ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,754,263TotalAmt
Program Services$2,754,263ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$42,411,548TotalAmt
Program Services$42,411,548ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$147,529TotalAmt
Program Services$147,529ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,600,132TotalAmt
Program Services$1,184,810ProgramServicesAmt
Management And General$1,238,001ManagementAndGeneralAmt
Fundraising$177,321FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$489,262TotalAmt
Management And General$489,262ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$296,542,989TotalAmt
Program Services$263,024,468ProgramServicesAmt
Management And General$32,337,071ManagementAndGeneralAmt
Fundraising$1,181,450FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$18,383,069TotalAmt
Program Services$16,304,485ProgramServicesAmt
Management And General$2,003,766ManagementAndGeneralAmt
Fundraising$74,818FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$32,902,455TotalAmt
Program Services$29,046,318ProgramServicesAmt
Management And General$3,708,915ManagementAndGeneralAmt
Fundraising$147,222FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$20,093,462TotalAmt
Program Services$17,730,305ProgramServicesAmt
Management And General$2,272,831ManagementAndGeneralAmt
Fundraising$90,326FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$5,008,864TotalAmt
Program Services$597,010ProgramServicesAmt
Management And General$4,411,854ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$791,357TotalAmt
Program Services$37,405ProgramServicesAmt
Management And General$753,952ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$969,757TotalAmt
Management And General$969,757ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$325,138TotalAmt
Management And General$325,138ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$24,129,891TotalAmt
Program Services$19,891,997ProgramServicesAmt
Management And General$4,135,979ManagementAndGeneralAmt
Fundraising$101,915FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$10,372,336TotalAmt
Program Services$6,372,999ProgramServicesAmt
Management And General$3,998,972ManagementAndGeneralAmt
Fundraising$365FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$29,885,688TotalAmt
Program Services$23,275,071ProgramServicesAmt
Management And General$6,173,663ManagementAndGeneralAmt
Fundraising$436,954FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$11,497,616TotalAmt
Program Services$9,909,680ProgramServicesAmt
Management And General$1,587,936ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$46,786,940TotalAmt
Program Services$38,896,487ProgramServicesAmt
Management And General$7,869,266ManagementAndGeneralAmt
Fundraising$21,187FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,939,578TotalAmt
Program Services$5,746,264ProgramServicesAmt
Management And General$1,151,367ManagementAndGeneralAmt
Fundraising$41,947FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,202,600TotalAmt
Program Services$1,992,338ProgramServicesAmt
Management And General$204,184ManagementAndGeneralAmt
Fundraising$6,078FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$13,666,082TotalAmt
Program Services$12,006,770ProgramServicesAmt
Management And General$1,595,941ManagementAndGeneralAmt
Fundraising$63,371FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$36,078,611TotalAmt
Program Services$31,876,942ProgramServicesAmt
Management And General$4,034,372ManagementAndGeneralAmt
Fundraising$167,297FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,026,263TotalAmt
Program Services$7,118,635ProgramServicesAmt
Management And General$2,907,628ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Bad Debt Expense$6,382,414$6,228,921$153,493
Small Equipment$5,287,967$4,935,877$293,730$58,360
Special Promotions$4,656,900$2,797,758$1,288,662$570,480
Dues and Membership$1,666,796$823,671$842,245$880

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$6,183,387TotalAmt
Program Services$5,668,434ProgramServicesAmt
Management And General$506,233ManagementAndGeneralAmt
Fundraising$8,720FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$639,182,894TotalAmt
Program Services$550,779,985ProgramServicesAmt
Management And General$85,254,218ManagementAndGeneralAmt
Fundraising$3,148,691FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$18,635,473BOYAmt
EOY$21,946,717EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$51,148,201BOYAmt
EOY$19,160,403EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,939,076BOYAmt
EOY$12,200,192EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,095,679BOYAmt
EOY$23,796,846EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$6,665,827BOYAmt
EOY$7,686,626EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,145,610BOYAmt
EOY$775,099EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,548,031BOYAmt
EOY$6,947,403EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,140,039,512LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$326,327,895LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$784,165,251BOYAmt
EOY$813,711,617EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$196,510,807BOYAmt
EOY$242,589,544EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$28,324,806BOYAmt
EOY$35,500,858EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$20,890,782BOYAmt
EOY$88,707,603EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,148,069,543BOYAmt
EOY$1,273,022,908EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$53,358,719BOYAmt
EOY$44,850,395EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$81,914,156BOYAmt
EOY$84,587,888EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$348,608,638BOYAmt
EOY$430,497,149EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$8,000,000BOYAmt
EOY$8,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$50,248,387BOYAmt
EOY$58,023,632EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$542,129,900BOYAmt
EOY$625,959,064EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$516,502,558BOYAmt
EOY$547,888,482EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$66,810,228BOYAmt
EOY$68,972,029EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,626,857BOYAmt
EOY$30,203,333EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$605,939,643BOYAmt
EOY$647,063,844EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,148,069,543BOYAmt
EOY$1,273,022,908EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$31,952,320ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$9,171,881NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$33,398,602CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$72,205,671CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$71,260,811CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,413,695CurrentTaxYearMinus1YearAmt
Current Tax Year$44,294,507CurrentTaxYearAmt
Total$256,573,286TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$33,398,602CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$72,205,671CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$71,260,811CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,413,695CurrentTaxYearMinus1YearAmt
Current Tax Year$44,294,507CurrentTaxYearAmt
Total$256,573,286TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,482,927SubstantialContributorsTotAmt
Public Support Total170$251,090,359PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,316,304CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,225,972CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,508,118CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,618,888CurrentTaxYearMinus1YearAmt
Current Tax Year$6,894,628CurrentTaxYearAmt
Total$20,563,910TotalAmt
FieldValueIRS element (for citing)
Total Support$277,137,196TotalSupportAmt
Gross Receipts Rltd Activities$2,991,604,407GrossReceiptsRltdActivitiesAmt
Public Support CY1700.90600PublicSupportCY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$969,757DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$969,757TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart II-B, Line 1:FormAndLineReferenceDesc
ExplanationThe University has hired professional consultants that have engaged in direct lobbying. These consultants work on Nova Southeastern University's behalf meeting or calling on government officials or legislators requesting support for specific projects and programs regarding higher education, research funding and other legislation which could impact the University.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$81,063,609BeginningYearBalanceAmt
Contributions$5,545,231ContributionsAmt
Investment Earnings Or Losses$12,008,869InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,060,095GrantsOrScholarshipsAmt
Other Expenditures$2,127,241OtherExpendituresAmt
End Year Balance$95,430,373EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$69,576,041BeginningYearBalanceAmt
Contributions$5,175,112ContributionsAmt
Investment Earnings Or Losses$7,533,745InvestmentEarningsOrLossesAmt
Grants Or Scholarships$245,178GrantsOrScholarshipsAmt
Other Expenditures$976,111OtherExpendituresAmt
End Year Balance$81,063,609EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$64,453,000BeginningYearBalanceAmt
Contributions$5,654,623ContributionsAmt
Investment Earnings Or Losses$911,786InvestmentEarningsOrLossesAmt
Other Expenditures$1,443,368OtherExpendituresAmt
End Year Balance$69,576,041EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$54,223,000BeginningYearBalanceAmt
Contributions$6,187,000ContributionsAmt
Investment Earnings Or Losses$7,509,000InvestmentEarningsOrLossesAmt
Other Expenditures$3,466,000OtherExpendituresAmt
End Year Balance$64,453,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$46,189,000BeginningYearBalanceAmt
Contributions$3,570,000ContributionsAmt
Investment Earnings Or Losses$4,808,000InvestmentEarningsOrLossesAmt
Other Expenditures$344,000OtherExpendituresAmt
End Year Balance$54,223,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.44000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.32000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.24000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$285,615InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$72,890,409OtherCostOrOtherBasisAmt
Book Value$73,176,024BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$711,299,984OtherCostOrOtherBasisAmt
Depreciation$150,080,432DepreciationAmt
Book Value$561,219,552BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,595,924OtherCostOrOtherBasisAmt
Depreciation$19,120,227DepreciationAmt
Book Value$9,475,697BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$139,254,897OtherCostOrOtherBasisAmt
Depreciation$75,834,747DepreciationAmt
Book Value$63,420,150BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$187,712,683OtherCostOrOtherBasisAmt
Depreciation$81,292,489DepreciationAmt
Book Value$106,420,194BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$813,711,617TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
Bond deposits with trustees$61,116,177
Scholarship funds held in trust by others$3,837,731
Deferred debt issue costs and other assets$23,753,695
FieldValueIRS element (for citing)
Total Book Value Other Assets$88,707,603TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (11 entries)

DescDescAmtAmt
Other Current Liabilities$11,569,018
Accrued Insurance$11,208,897
Grande Oaks Other LT Liabilities$5,892,508
Current Student Deposit$8,685,970
Long Term Refundable Perkins$4,761,763
Deferred Rent Liability$3,942,971
Other Long Term Liabilities$2,270,798
LT Refundable DHHS Liability$2,483,136
Health Centers Refund Payables$524,156
Annuities Payable$125,545
Voluntary Seperation Offer$6,558,870
FieldValueIRS element (for citing)
Total Liability$58,023,632TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part III, Line 1a:The Museum of Art acquires art for its collection through purchase or gift. As permitted by SFAS 116 (ASC 958), accounting for contributions received and contributions made, the Museum does not include its collection items as assets in the consolidated statement of financial position. Accordingly, no value has been assigned to the Museum's art collection. The University's policy requires any proceeds from sales of collection items to be used to acquire other items for the collection. Proceeds from the sale of collection items and expenditures for collection items purchased are reflected in the consolidated statement of activities separately from revenues and expenses.
Part III, Line 4:Nova Southeastern University operates the Museum of Art/Fort Lauderdale. In service to the public, the mission of the Museum is to actively engage diverse audiences in the appreciation of works of art through innovative exhibitions, education programs, publications, and collection activities. This mission is consistent with the University's exempt educational purpose.
Part V, Line 4:The University's endowment consists of aproximately 280 individual endowments established for a variety of purposes. The University considers the following factors in making a determination to appropriate or accumulate donor restricted funds: a) the purposes of the institution b) the intent of the donors of the endowment fund c) the terms of the applicable instrument d) the long and short term needs of the institution e) general economic conditions f) possible effects of inflation or deflation g) the other resources of the institution h) perpetuation of the endowment
Part X, Line 2:Accounting for Uncertainty in Income Taxes: The University follows the guidance contained in ASC 740, Income Taxes. ASC 740 addresses the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a threshold of more-likely-than-not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. There were no uncertain tax positions recorded in the consolidated financial statements for fiscal years 2014 and 2013.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3Consistent with all federal and state laws, rules, regulations, and/or local ordinances (e.g. Title VII, Title VI, Title III, Title II, Rehab Act, ADA, Title IX), it is the policy of Nova Southeastern University not to engage in discrimination or harassment against any persons because of race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and to comply with all federal and state nondiscrimination, equal opportunity and affirmative action laws, orders, and regulations. This nondiscrimination policy applies to admissions, enrollment, scholarships, loan programs, athletics, employment, and access to, participation in, and treatment in all university centers, programs, and activities. NSU admits students of any race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and activities generally accorded or made available to students at NSU and does not discriminate in the administration of its educational policies, admission policies, scholarship and loan programs, and athletic and other school administered programs.
Schedule E, Part I, Line 6Students receive financial aid from the federal government. State aid is provided through grants.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America/Caribbean1112Program ServicesAcademic Studies$661,835
North America43Program ServicesAcademic Studies$141,013
South America21Program ServicesAcademic Studies$62,007
East Asia and Pacific51Program ServicesAcademic Studies$42,563
Europe10Program ServicesAcademic Studies$50,948
Central America/Caribbean00Grants to Recipients Located in Region$147,529
Central America/CaribbeanInvestments$14,454,394
FieldValueIRS element (for citing)
Subtotal Offices23SubtotalOfficesCnt
Subtotal Employees17SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office23TotalOfficeCnt
Total Employee17TotalEmployeeCnt
Subtotal Spent$15,560,289SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$15,560,289TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceScholarships to Recipients Located in RegionTypeOfAssistanceTxt
RegionCentral America and the CaribbeanRegionTxt
Recipient40RecipientCnt
Cash Grant$147,529CashGrantAmt
Manner Of Cash DisbursementcashMannerOfCashDisbursementTxt
Non Cash Assistance$0NonCashAssistanceAmt
Description Of Non Cash Asstn/aDescriptionOfNonCashAsstTxt
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, line 3:FormAndLineReferenceDesc
ExplanationThe amounts reported in column (f) include primarily the direct expenditures for the regions listed, recorded on the accrual method of accounting.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1Celebration of ExcellenceNameOfEvent1Amt
Gross Receipts Event1$414,150GrossReceiptsEvent1Amt
Charitable Contri Event1$359,200CharitableContriEvent1Amt
Gross Revenue Event1$54,950GrossRevenueEvent1Amt
Rent Facility Costs Event1$282,737RentFacilityCostsEvent1Amt
Food And Beverage Event1$175,462FoodAndBeverageEvent1Amt
Entertainment Event1$24,899EntertainmentEvent1Amt
Other Direct Expenses Event1$41,692OtherDirectExpensesEvent1Amt
Name Of Event2Nova Golf ClassicNameOfEvent2Amt
Gross Receipts Event2$338,250GrossReceiptsEvent2Amt
Charitable Contri Event2$233,540CharitableContriEvent2Amt
Gross Revenue Event2$104,710GrossRevenueEvent2Amt
Rent Facility Costs Event2$5,176RentFacilityCostsEvent2Amt
Food And Beverage Event2$71,455FoodAndBeverageEvent2Amt
Entertainment Event2$22,989EntertainmentEvent2Amt
Other Direct Expenses Event2$133,807OtherDirectExpensesEvent2Amt
Other Events Total6OtherEventsTotalCnt
Gross Receipts Other Events$388,916GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$240,904CharitableContriOtherEventsAmt
Gross Revenue Other Events$148,012GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$14,621RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$73,342FoodAndBeverageOtherEventsAmt
Entertainment Other Events$11,914EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$44,605OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,141,316GrossReceiptsTotalAmt
Charitable Contributions Tot$833,644CharitableContributionsTotAmt
Gross Revenue Total Events$307,672GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$302,534RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$320,259FoodAndBeverageTotalEventsAmt
Entertainment Total Events$59,802EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$220,104OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$902,699DirectExpenseSummaryEventsAmt
Net Income Summary-$595,027NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (23 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
Aging and Disability Center of Broward County
5300 Hiatus RoadSunriseFL33351591529419501(c)(3)$6,060$0subcontract
BEC Group International LLC
400 SW Sandy WayPort St LucieFL34986462496432$31,400$0subcontract
Camillus Health Concern
336 NW 5 StreetMiamiFL33128650063921501(c)(3)$49,989$0subcontract
Central Florida Area Health Education Center Inc
328 S Central AveApopkaFL32703593050122501(c)(3)$1,067,717$0subcontract
Everglades Area Health Education Center Inc
5725 Corporate Way-Suite 102West Palm BeachFL33407592740588501(c)(3)$872,735$0subcontract
Florida Atlantic University
777 Glades RoadBoca RatonFL33431650385507govt$22,570$0subcontract
Hektoen Institute
2240 Ogden AvenueChicagoIL60612362244897501(c)(3)$37,712$0subcontract
Jessie Trice Community Health Center
5607 NW 27 Ave Suite 1MiamiFL33142591235617501(c)(3)$6,130$0subcontract
Larkin Community Hospital
7031 SW 62 AveSouth MiamiFL33143650729921$52,936$0subcontract
Lee Memorial Health System
2776 Cleveland AveFort MyersFL33901590714812govt$6,540$0subcontract
Pacific Atlantic Professional Academy
2134 E Bayside RdCape CharlesVA23310261907693$6,964$0subcontract
Research Foundation for the State University of NY
PO Box 9AlbanyNY12201141368361501(c)(3)$16,233$0subcontract
Sigma Educational Services
PO Box 1450CovingtonLA70434262909755$20,463$0subcontract
South Florida Veterans Affairs for Research & Education
1201 NW 16 St Rm 2A103MiamiFL33125650207903501(c)(3)$57,003$0subcontract
Suwannee River Area Health Education Center Inc
14646 NW 151 BlvdAlachuaFL32615593112649501(c)(3)$50,000$0subcontract
University of Florida
PO Box 113001GainesvilleFL32611596002052govt$32,954$0subcontract
University of Miami
1320 S Dixie HwyCoral GablesFL33146590624458501(c)(3)$20,098$0subcontract
University of Missouri
311 Jesse HallColumbiaMO65211436003859govt$8,277$0subcontract
Virtual Ability
2220 S Fraser StAuroraCO80014260613580501(c)(3)$94,255subcontract
Junior Achievement of South Florida
1130 Coconut Creek BlvdCoconut CreekFL33066590871446501(c)(3)$170,000$0contribution
United Way of Broward County
1300 S Andrews AveFt LauderdaleFL33316590624402501(c)(3)$50,000$0contribution
Beaux Arts
One East Las Olas BlvdFt LauderdaleFL33301596138952501(c)(3)$7,500$0contribution
First Call For Help of Brwd Inc
250 NE 33 StOakland ParkFL33334650589294501(c)(3)$7,500$0contribution
FieldValueIRS element (for citing)
Total501c3 Org19Total501c3OrgCnt
Total Other Org4TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeStudent Financial AssistanceGrantTypeTxt
Recipient7615RecipientCnt
Cash Grant$42,411,548CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Non Cash Assistancen/aNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2:FormAndLineReferenceDesc
ExplanationGrants to subrecipients - NSU enters into an agreement with each subcontract which properly identifies prime award information, compliance requirements, and subrecipient monitoring documents required, as applicable. Subrecipients are required to report to NSU any finding noted during an audit conducted under OMB Circular A-133 which relates to the performance of the subcontract. The Principal Investigators review and approve programmatic activities via approval of subrecipient's invoices for payments. Schedule I, Part I, Line 2: Institutional grants awarded to students are recorded to individual student accounts and to each college departmental account using specific contra revenue account codes. The number of recipients and amount of awards varies by center and program. Funds set aside for scholarships are budgeted annually and included in the University's budget plan approved by the Board of Trustees.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
George L Hanbury II PhD
President/Chief Executive$632,195$0$0$0$177,824$0$43,000$0$17,513$0$870,532$0$0$0
Jacqueline A Travisano
Exec VP/Chief Operating Officer$344,176$0$0$0$28,498$0$25,500$0$35,028$0$433,202$0$0$0
Francis A DePiano
Exec VP/Provost$379,327$0$0$0$2,376$0$25,500$0$7,403$0$414,606$0$0$0
Frederick Lippman
Health Profess Div Chancellor$387,759$0$0$0$42,543$0$25,500$0$1,138$0$456,940$0$0$0
H Wells Singleton
Dean/School of Education$315,907$0$0$0$13,111$0$10,510$0$18,061$0$357,589$0$0$0
Tracy A Favreau
Professor/Prog. Director$221,283$0$0$0$69,727$0$22,488$0$9,206$0$322,704$0$0$0
Ray Ferrero Jr
University Chancellor$389,078$0$0$0$12,313$0$43,000$0$19,109$0$463,500$0$0$0
Joseph D Harbaugh
Professor of Law$331,580$0$0$0$2,966$0$25,500$0$14,497$0$374,543$0$0$0
Kenneth E Johnson
Professor$279,344$0$0$0$7,702$0$25,500$0$18,607$0$331,153$0$0$0
Anthony J Silvagni
Dean/Professor$329,827$0$0$0$7,807$0$25,500$0$14,251$0$377,385$0$0$0
Randolph Pohlman
Professor (Former Key Emp)$249,469$0$0$0$1,783$0$25,500$0$13,443$0$290,195$0$0$0
John Santulli
VP/Facilities Mgt (Former Key Emp)$0$0$0$0$121,643$0$0$0$0$0$121,643$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 1aSupplemental Compensation Information: Line 1- First class travel- Per the travel policy of Nova Southeastern University, Inc., all travel must be by the most direct or economical route. Higher fares may be reimbursable only when coach accommodations would: (1) require circuitous routing; (2) require travel during unreasonable hours; (3) greatly increase the duration of the flight; (4) result in additional costs which would offset the transportation savings; (5) offer accommodations which are not reasonably adequate for the medical needs of the traveler. These exceptions will require the traveler to submit a letter of approval signed by their Dean or Vice President. Line 2-Travel for companions -Per the travel policy of Nova Southeastern University, Inc., when a spouse or dependent accompanies the employee, the University will pay for only the travel costs of the employee. Occasionally, spouses of faculty and staff are asked to travel on University business. Spouse travel reimbursement by the University requires approval by a Dean or Officer, or their authorized representative. If the business purpose of the spousal travel is not properly documented, it will be taxed to the employee. Line 5-A housing allowance is provided to the president of the University. This allowance is fully taxable to the recipient. Line 7-The University pays for club dues on behalf of certain executives. These amounts are treated as taxable to the employee and included in his or her compensation.
Part I, Line 4aPayments were received upon retirement by John Santulli; such amounts are reported on Form 990, Part VII, Sect A.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
BCEFA (See Part VI)
A521626969115015FR52006-04-12$99,951,270See Part VI (Series 2006)000
BCEFA (See Part VI)
B521626969115015FY02008-10-23$60,000,000See Part VI (Series 2008A)000
Town of Davie Florida
C5960465272009-05-29$60,000,000See Part VI (Series 2009)000
HEFFA (See Part VI)
D90005822734073TCV72011-02-15$37,878,793See Part VI (Series 2011)000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRetiredRetiredAmtOther Spent ProceedsOtherSpentProceedsAmt
A$99,951,270$9,181,173$1,028,556$2,421,361$87,320,180200700Yes (1)Yes (1)
B$60,000,000$682,472$400,684$58,916,844200800Yes (1)Yes (1)$2,135,000
C$60,000,000$491,850$59,508,150201000Yes (1)Yes (1)$10,639,603
D$37,878,793$1,821,473$650,626$22,278,9602011Yes (1)0Yes (1)Yes (1)$6,995,000$13,127,734

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00Yes (1)Yes (1)00.034500.000000.0345000Yes (1)
B00000.000000.000000.0000000Yes (1)
C00000.000000.000000.0000000Yes (1)
D00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)Yes (1)000Yes (1)
C000Yes (1)0000Yes (1)
D0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Column (a)Full Name of Bond Issue and (f)Description of PurposeFirst Group Row A: (a)Broward County Educational Facilities Authority (BCEFA)/Series 2006 (f) Construction of undergraduate dormitory and University Center Row B: (a)Broward County Educational Facilities Authority (BCEFA)/Series 2008A (f) Construction of chiller plant and dormitory building Row C: (a)Town of Davie, Florida/Series 2009 (f) Equipping and renovating University School Row D: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2011 (f) Refund 2000B bonds issued May 16,2000 and construction of West Palm Beach Student Educational Center Second Group Row A: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012A (f) Refund 2002A/B bonds issued February 6,2002 and to finance technology and related acquisitions Row B: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012B (f) Refund the outstanding BCEFA Series 2000A & Series 2004C Bonds issued May 16,2000 and May 12,2004, respectively Row C: (a) Town of Davie, Florida 2013A (f) Construction and equipping of portions of the following, including reimbursement of expenses incurred prior to the issuance of the 2013A bonds: Center for Collaborative Research, Oceanographic Center, Stormwater Management Drainage System and Sports Center II Row D: (a) Town of Davie,Florida 2013B (f) Refund the outstanding BCEFA Series 2004A & Series 2004B Bonds issued on April 1, 2004
Part II, Line 3 - Total Proceeds of IssueSecond Group, Town of Davie, Florida 2013A Amount reported on Line 3 includes investment earnings and as a result does not agree to issue price listed on Part I
Schedule K, Part IV Arbitrage, Line 2C:(A) Issuer Name: BCEFA 2006 Date the rebate computation was performed: 04/12/2011 (B) Issuer Name: BCEFA 2008A Date the rebate computation was performed: 10/23/2013 (C) Issuer Name: Town of Davie, Florida 2009 Date the rebate computation was performed: 08/17/2012 Which was the final compuation date.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
HEFFA (See Part VI)
A90005822734073TFW22012-06-05$48,511,454See Part VI (Series 2012A)000
HEFFA (See Part VI)
B9000582272012-11-13$34,735,000See Part VI (Series 2012B)000
Town of Davie Florida
C59604652723867PAC22013-12-06$96,174,076See Part VI (Series 2013A)000
Town of Davie Florida
D59604652723867PAX62014-01-03$21,054,435See Part VI (Series 2013B)000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndUnspentUnspentAmt
A$1,695,000$48,511,454$737,361$9,000,000$38,774,0932012Yes (1)0Yes (1)Yes (1)
B$4,360,000$34,735,000$205,000$34,530,0002012Yes (1)0Yes (1)Yes (1)
C$96,185,101$48,163,619000Yes (1)$48,021,482
D$825,000$21,054,435$21,054,4352013Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.000000.000000.0000000Yes (1)
B0Yes (1)000.006600.000000.0066000Yes (1)
C00000.000000.000000.0000000Yes (1)
D00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)000000Yes (1)
B0Yes (1)000000Yes (1)
C0Yes (1)000000Yes (1)
D0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Cash GrantCashGrantAmtType Of AssistanceTypeOfAssistanceTxtAssistance PurposeAssistancePurposeTxt
$92,229Tuition Waivers/Scholarships for family membersTo attend Nova Southeastern University
$21,640Tuition Waivers/Scholarships for officersTo attend Nova Southeastern University

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Paramount Coffee Services IncBusinessNameLine1
FieldValueIRS element (for citing)
Relationship DescriptionAlbert J. Miniaci,Trustee, is an officer of Paramount Coffee Services, Inc.RelationshipDescriptionTxt
Transaction$251,063TransactionAmt
TransactionParamount supplies coffee products and services to the University.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution3ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt

Food Inventory FoodInventoryGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt

Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)See Part III5$5,674,625FMV
Yes (X)See Part III11$0
Yes (X)See Part III29$0
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Column (b):The amount reported in column (b) represents the number of contributions received throughout the year for each type of property listed. Schedule M, Part I, Line 25: Computer Equipment and Software - non cash contributions of various computer related equipment and software. This includes a non cash contribution of a Super Computer and Software License reported on Form 990, Part VIII, Line 1g for $3,943,207 and $1,731,418, respectively. Schedule M, Part I, Line 26: Equipment - non cash contributions of various equipment Schedule M, Part I, Line 27: Auction Items - non cash contributions of various items to be auctioned at fundraising events, such as dining gift cards and tickets to special events.
Part I, Line 33:The contributions listed in Line 1(c) were not reported as revenue, as permitted under generally accepted accounting principles. A zero amount was reported because the organization does not capitalize its collections, as allowed under ASC 958-360-25, formerly known as SFAS 116. In other instances where no amounts were reported in column (c), contribution revenue was not recorded based on immateriality.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 1Explain delegation of authority to an executive committee by the governing body: In accordance to Nova Southeastern University bylaws, the Executive Committee, established by the Board of Trustees (BOT), consists of the Chair of the BOT, the Vice Chair of the BOT, the President of the University, the Chairs of the Standing Committees and such other members of the BOT as designated by the Chair. The Executive Committee has the power to transact all business delegated to it by the BOT and shall, during periods between meetings of the BOT and for all matters of an urgent nature for which it is impractical or impossible to delay decisions until the next meeting of the BOT, have the power to transact all business of the BOT in the management of the Corporation, subject to any limitations otherwise imposed on the BOT as a whole. The Executive Committee shall have such additional powers as conferred upon it by the BOT, and shall report in writing to the BOT following each meeting.
Form 990, Part VI, Section B, line 11Describe the process used by the organization to review this Form 990: The Form 990 is prepared by the Nova Southeastern University finance staff and presented to the University's outside tax accountants (KPMG, LLP) for review. After review by the outside tax accountants, a draft copy of the Form 990 and all required schedules are provided for review to the Vice President of Finance/Chief Financial Officer, the Executive Vice President/Chief Operating Officer, and the President/Chief Executive Officer of the University. Upon completion of the internal review, the final form 990 and all required schedules are initially provided to the Executive Committee of the Board of Trustees and subsequently made available to the full Board of Trustees prior to filing.
Form 990, Part VI, Section B, line 12cDescribe how the organization monitors and enforces compliance with its conflict of interest policy: Nova Southeastern University (NSU) maintains a written Code of Conduct Policy which provides an overview of requirements in complying with applicable laws, rules, regulations, and adhering to ethical standards by its officers, employees, representatives, and agents in conducting NSU business. To aid in the identification of and correction of any actual or perceived violations of the University's Code of Conduct Policy, NSU has a written Compliance Plan. The Compliance Plan not only explains the compliance obligations of all NSU colleagues, it contains specific directives for key personnel and committees to uphold the Compliance Plan and ensure that their team members have sufficient information to comply with the applicable laws, regulations, and policies, as well as the resources to resolve ethical dilemmas. In addition to the foregoing, each year, the University asks the governing Board of Trustees, officers, directors, and key employees to respond to a questionnaire and disclose on a yearly basis. The questionnaire is designed to collect information and monitor compliance.
Form 990, Part VI, Section B, line 15Process for determining compensation of Officers and Key positions: Each year a comparative analysis is performed by a compensation analyst in human resources and is provided to the compensation committee appointed by the Chairman of the Board of NSU. The analysis is reported to the Executive Committee and then to the Board of Trustees of the University.
Form 990, Part VI, Section C, line 19Nova Southeastern University's audited financial statements are part of its Annual Report which is made available on its website at http://www.nova.edu/cwis/fop/. In addition, the public at large may receive a copy of the report upon request.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
NSU Grande Oaks LLC
3201 W Rolling Hills CircleFort LauderdaleFL33328204811801Golf CourseFL$5,159,606$36,806,966Nova Southeastern University Inc
NSU Park Plaza LLC
3301 College AveFort LauderdaleFL33314954893480Commercial Real EstateFL$939,788$3,863,600Nova Southeastern University Inc

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1NSU Health Professions Division Foundation IncBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line13200 South University DrAddressLine1
CityFort LauderdaleCity
StateFLState
ZIP Code33328ZIPCode
FieldValueIRS element (for citing)
EIN650456144EIN
Primary ActivitiesSupportPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Exempt Code Section501 (c) (3)ExemptCodeSectionTxt
Public Charity StatusLine 11c, III-FIPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Nova Southeastern University IncBusinessNameLine1
FieldValueIRS element (for citing)
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1ForeignAddress/AddressLine1CityForeignAddress/CityCountryForeignAddress/CountryPostal CodeForeignAddress/PostalCodePrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Entity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINLegal Domicile StateLegalDomicileStateCd
NSU Guaranty Insurance Company LTD
c/o Willis Mgt PO Box 30600 KY1 12Grand CaymanCJKY1-1203Insurance CaptiveCJNova Southeastern University IncC$100$1001.00000Yes (1)
The Pointe Corp Office Park Prop Owners Assn Inc
Prop Owner's Assn (no activity)Nova Southeastern University IncC$100$1001.00000Yes (1)3301 College AveFort LauderdaleFL33314460743930FL
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
NSU Guaranty Insurance Company LTD
R$2,336,333premiums paid
NSU Guaranty Insurance Company LTD
S$755,917claims reimbursed