2015-04-15T12:13:37-05:00 2014-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2013-07-01 710239576 John Brown University JOHN 4795243131 2000 W University Siloam Springs AR 727612121 Kimberly Hadley VP of Finance & Administration 4795243131 2015-04-16 1 David C Moja P00747006 7195286225 2013 2016-02-25 16:41:14Z X Charles Pollard 2000 W University Siloam Springs AR 727612121 90059515 0 X www.jbu.edu X 1934 AR Provide a Christ-centered education that prepares students to honor God and serve others. 30 30 1780 100 161705 -62841 18411014 18609263 45663697 48792354 3842236 6072492 275073 265364 68192020 73739473 16378223 17391884 0 0 26423351 27766363 0 23000 1875476 18322606 20204654 61124180 65385901 7067840 8353572 198916252 213510232 15794020 14942623 183122232 198567609 X See Schedule O 0 0 32629083 16801518 38771503 Instructional Services - JBU currently enrolls more than 2,400 students in its three primary academic programs: traditional undergraduate, graduate, and adult degree completion. Through its instructional services, JBU offers 58 undergraduate majors, 50 undergraduate minors, and nine graduate degrees. The faculty to student ratio is 15:1. The top five traditional programs of study by major enrollment are: graphic and web design, engineering and construction management, family and human services, early childhood education, business administration, and biology.-Continued on Schedule O- 8675323 Student Services - John Brown University offers spiritual formation, wellness, counseling, and career development services to traditional undergraduate, professional studies and graduate students, and, on a limited basis, to the broader JBU community. JBU also offers traditional undergraduate students opportunities to compete in NAIA intercollegiate athletic competition. Student services covers a broad variety of co-curricular activities which help students in personal and professional development. 6280496 590366 7729756 Auxiliary - John Brown University offers a traditional residential undergraduate program at its Siloam Springs campus, a formational part of the JBU educational experience. The university requires non-local traditional undergraduate students who do not have senior status to live on campus. JBU has a wide variety of campus housing, including four residential halls, town homes, apartments, and duplexes. During the traditional academic year, JBU provides full cafeteria service to students. 5311868 Academic Support - JBU enriches the students' educational experience through academic support in the form of library services, registrar services, IT support, and faculty professional development. 4247117 2150710 Public Service - The University is also the home to two endowed centers, The Center For Relationship Enrichment, and the Soderquist Center for Business and Ethics. The University also owns and operates KLRC radio, a 100,000 watt FM radio station. 9558985 2150710 57143887 1 1 0 0 0 1 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 1 120 0 1 1780 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK KY MD NH SC X Kimberly Hadley VP of Finance & Administration 4795243131 2000 W University Siloam Springs AR 727612121 Mr Michael R Kairis Chariman of the Board 0.00 X X 0 0 0 Mrs Susan Barrett Vice Chairman of the Board 0.00 X X 0 0 0 Mrs Lee R Sale Secretary of the Board 0.00 X X 0 0 0 Mrs Holly Robason Beitel Board Member 0.00 X 0 0 0 Ms Sharon J Bell Board Member 0.00 X 0 0 0 Mr Marc Boatwright Board Member 0.00 X 0 0 0 Mr John E Brown III Board Member 6.00 X 24500 0 0 Mr Roger L Cross Board Member 0.00 X 0 0 0 Dr Robert V Cupp Board Member 0.00 X 0 0 0 Mr Rollin L Ford Board Member 0.00 X 0 0 0 Dr Stephen R Genheimer Board Member 0.00 X 0 0 0 Dr Wayne Hardy Board Member 0.00 X 0 0 0 Mr Lawson Hembree IV Board Member 0.00 X 0 0 0 Mr Keith E Holmberg Board Member 0.00 X 0 0 0 Mr Michael S King Board Member 0.00 X 0 0 0 Mr Alan L Lee Board Member 0.00 X 0 0 0 Mr David H LeVan Board Member 0.00 X 0 0 0 Mr Hendrick A Lorentz Board Member 0.00 X 0 0 0 Dr T Richard Medlock Board Member 0.00 X 0 0 0 Mr William C Naramore Sr Board Member 0.00 X 0 0 0 Mr Doug Neufeld Board Member 0.00 X 0 0 0 Mr Nick Petelski Board Member 0.00 X 0 0 0 Mr Phillip O Porter Board Member 0.00 X 0 0 0 Mr Mark C Simmons Board Member 0.00 X 0 0 0 Mrs April Smith Board Member 0.00 X 0 0 0 Mr Lavenski R Smith Board Member 0.00 X 0 0 0 Mrs Ruth H Smith Board Member 0.00 X 0 0 0 Mr Marvin G Spees Board Member 0.00 X 0 0 0 Mrs Sharon S Wasson Board Member 0.00 X 0 0 0 Mrs Diane N Willits Board Member 0.00 X 0 0 0 Charles Pollard President 40.00 X 266790 0 66887 Edward Ericson VP of Academic Affairs 40.00 X 114303 0 19165 Kimberly M Hadeley VP of Finance & Administration 40.00 X 107585 0 12217 Dr Gary Oliver Director of CRE 40.00 X 166911 0 20660 James Krall VP of University Advancement 40.00 X 130223 0 21468 Steve Beers VP for Student Development 40.00 X 114680 0 17714 Charles Hyde CEO, Soderquest Center for Leadership 40.00 X 114890 0 17018 1039882 0 175129 7 0 1 0 Nabholz Construction Corporation PO Box 277 Rogers AR 727570277 Construction 7554819 Creative Dining Services One Royal Park Drive STE 3 Zeeland MI 49464 Food Service 1269540 Hastings & Chivetta Architects 622 Emerson Road Ste 200 St Louis MO 63141 Architectual Services 371328 Just-Us-Printers Inc PO Box 41 Springdale AR 727650041 Printing Services 189757 Ellucian 4375 Fair Lakes Ct Fairfax VA 22033 Software Support 163183 12 3828014 14781249 628267 18609263 Tuition & Fees 611310 38771503 38771503 Auxiliary Enterprises 611310 7729756 7729756 Public Service 611310 2150710 2150710 Health Complex 713940 140385 140385 48792354 5676344 5676344 244044 244044 52871 31551 21320 21320 21320 14941134 1743505 14617491 1671000 323643 72505 396148 396148 73739473 48651969 161705 6316536 17391884 17391884 510965 125500 317724 67741 25000 18750 6250 20635774 17394754 2288180 952840 1178335 971433 146553 60349 3991289 2873847 985714 131728 1425000 1184555 172857 67588 105242 8834 79028 17380 85091 85091 23000 23000 103673 103673 2496888 1769491 684344 43053 1076201 1002435 73766 3003750 2523710 145252 334788 981978 525114 428048 28816 692218 692218 2173691 2044020 68290 61381 259717 215043 37878 6796 297679 245584 52095 3971285 3674462 296823 313845 17530 296315 Operations & maintenanc 2459899 2299976 159923 Auxiliary services 2183497 2183497 65385901 57143887 6366538 1875476 3906639 2443773 1271258 3236329 9600856 8263061 1320982 1233050 1894675 1771969 276746 248302 140335776 51900699 84373569 88435077 86958712 99915367 6160830 6213570 3151985 1749734 198916252 213510232 2696101 2187707 1392255 1553153 1371709 1246475 8625000 8270000 1708955 1685288 15794020 14942623 X 91204424 96242868 23411070 28792009 68506738 73532732 183122232 198567609 198916252 213510232 X 8353572 7032557 4868 54380 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 0 30441 438988 1 1 0 57317 X 0 86710778 2577005 13081898 1608820 2288102 508707 97964052 81168309 1357284 8151917 3966732 86710778 79961317 4294368 356534 3443910 81168309 67311746 5330103 10743495 3424027 79961317 58974451 5653296 5758117 3074118 67311746 0.11090 0.75060 0.13850 1 0 242691 242691 117316527 40058597 77257930 15879839 10716229 5163610 6896719 1125873 5770846 88435077 Annuity & trusts payable 1389340 Construction retainage payable 204517 Asset retirement obligation 91431 1685288 X Part III, Line 4: The University holds various pieces of art, which are displayed for the educational enrichment of our students. As proposed by writer, John Henry Newman in Idea of a University, a broad intellectual environment including the arts provides a robust academic experience for students. As such, all JBU students, regardless of major, benefit from displays of art within the educational context. Part V, Line 4: Endowed funds fund scholarships administered by the University in accordance with guidelines established together by the donor and the University. Endowed scholarships live on in perpetuity distributing funds to deserving students year after year. The funds given to the University are invested and 5% of the five-year average market value of the funds are awarded to students in the form of annual scholarships. Endowed funds also support several non-scholarships projects, including two centers: The Center for Healthy Relationships and The Soderquist Center for Leadership and Ethics. Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statements of activities. As of June 30, 2014, the University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The University is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2011. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The University's nondiscriminatory statement is included in local and regional newspaper advertising, as well as on the University website. Schedule E, Part I, Line 6 The federal government awards the University various monies restricted for student financial aid. The monies are awarded through three federal programs: Pell Grant (Pell), Federal Supplemental Opportunity Grant (FSEOG), and Federal Work Study (FWS). Pell provides eligible students a foundation of financial aid to assist with defraying the costs of post-secondary education. Because the Pell grants are classified as pass-through grants, they are excluded from income and expense on the financial statements and Form 990. The FSEOG program provides need based grants to low income undergraduate students to promote access to post-secondary education. The FWS program provides part-time employment to students who need the earnings to help meet their postsecondary education costs. The program is also intended to broaden the range of worthwhile job opportunities to qualified students. Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Program services International trips 388708 Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Program services International trips 119685 Middle East and North Africa 0 0 Program services International trips 110883 South America 0 0 Program services International trips 80529 East Asia and the Pacific 0 0 Program services International trips 23753 0 0 0 0 0 0 723558 0 723558 0 0 0 0 0 0 Part I, line 3: All international trips are monitored and maintained in individual non-operating accounts. Participants are required to raise their own funds. Trips abroad include both studies trips (taken for academic credit) and mission trips to encourage a broad range of academic and co-curricular student growth. X X X X X X 1 ShareMedia Services PO Box 46695 Eden Prairie MN 55344 Share-a-Thon Radio Talent 0 770980 23000 747980 770980 23000 747980 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY 1 Academic support: grants, scholarships, aid, etc 1588 17391884 Part I, Line 2: Although students and their families bear the primary responsibility for meeting costs, many find they cannot pay the full cost of an education by themselves. In most cases a financial aid package will involve family contributions, acceptance of federal assistance (including grants and loans), and financial aid from John Brown University. These financial assistance programs help fill the gap between the amount a family is expected to pay and the total educational cost. The amount the family is expected to pay is based on information provided on the Free Application for Federal Student Aid (FAFSA). X X 1 1 X X 0 0 0 0 0 0 0 0 0 Charles Pollard President 240895 0 24000 0 1895 0 36175 0 30930 0 333895 0 0 0 Dr Gary Oliver Director of CRE 166911 0 0 0 0 0 11684 0 9194 0 187789 0 0 0 James Krall VP of University Advancement 129080 0 0 0 1143 0 14116 0 7570 0 151909 0 0 0 Part I, Line 1a From time to time it is deemed in the best interest of the University for the President's wife to accompany him on certain business related travel. Due to the business purpose of this travel, this is not treated as compensation to the President or his wife. The President receives a housing allowance in recognition of the President's residence being required and used for University business. This is treated as taxable income included in the President's reportable compensation. A City of Siloam Springs Arkansas Public Education Facilities Board 521536674 827176EM6 2002-06-05 2420000 To advance refund $2,665,000 of outstanding capital improvements. 0 0 0 B City of Siloam Springs Arkansas Public Education Facilities Board 521536674 827176FJ2 2009-12-17 9461811 To advance refund $8,535,000 of outstanding capital improvements. 0 0 0 A 2445000 2445000 58227 2389899 2002 0 1 1 1 B 1270000 9461811 166266 9298951 2009 0 1 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 A 1 0 0 0 0 0 B 1 0 0 0 0 0 A 1 B 1 Various 7500 Scholarships Charles Pollard University President 961749 Purchase of joint interest in President's residence - In an effort to keep the President's residence on campus, for frequent use by the University to host official University events, the University had entered into a 2006 agreement with the President whereby the President paid for the cost of constructing a new residence to be occupied by him and his family during his service as President of the University. This President's residence was built upon a parcel of land owned by the University. The residence and the land on which it was constructed were owned by the President and the University as tenants-in-common. During the year ended June 30, 2014, the University purchased the President's ownership in the residence for the cost of construction, which was slightly lower than fair market value as determined by an independent appraisal. 0 X 250 FMV-Similar Asset Sales X 11 353716 FMV-Sales Price X 2 270000 Appraisal X 2 313 FMV-Similar Asset Sales X Supplies 4 2488 FMV-Supplies X Equipment 1 1500 FMV-Equipment 0 0 1 0 Part I, Column (b): The number of items listed represents the number of unique contributions received. Reason for Filing Amended Form 990: In the previously filed 990, a related partly transaction between the University and its President was not reported on Schedule L, Page 2, Part IV. An amended return is being filed to correct this. Form 990, Part III, Line 1 John Brown University provides Christ-centered education that prepares students to honor God and serve others by developing their intellectual, spiritual, and professional lives. JBU serves traditional undergraduate students on its residential campus in Siloam Springs, Arkansas. JBU also offers non-traditional undergraduate degrees through its degree completion program. In addition, the Graduate School at John Brown University serves graduate students. Form 990, Part III, Line 4a -Continued From Page 2- The degree completion program offers undergraduate degrees in organizational management and education. The Graduate School offers degrees in business, counseling, ministry and education. The graduation rate is consistently above 65% and traditional undergraduate retention is above 75%. In addition to major level courses, undergraduates are required to take general education courses that emphasize the integration of intellectual and spiritual development. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and is then reviewed by both the VP of Finance and Administration and by the audit subcommittee. Copies are provided to all trustees for their review before the return is filed with the IRS. Form 990, Part VI, Section B, line 12c The organization has a written conflict of interest policy. Board members and officers are required to disclose potential conflicts of interest on an annual basis. Any board member or a member of a committee of the board who perceives a possible conflict of interest involving a matter before the board shall identify that interest to the other members of the board, whether or not that interest is both: (1) conflicting and (2) material If the board or committee chairman determines that a material conflict of interest does exist that member shall refrain from any further discussion on that issue except as requested for information by the board or committee and shall abstain from voting, such abstention being noted In the meeting record. A quorum of the board or committee must exist without that member's presence being needed. The chairman shall determine whether it is appropriate to ask the conflicted individual to be absent during discussion. Form 990, Part VI, Section B, line 15 The executive committee of the board reviews, discusses, and approves the proposed salary and benefits for the members of the president's cabinet as submitted by the president. Compensation is benchmarked against national comparison data from the Council for Christian Colleges & Universities (CCCU). Presidential salary and benefits are also benchmarked with CCCU comparison data, determined, and approved by the executive committee of the board. During this process, the executive committee attempts to maintain an appropriate balance of executive compensation levels compared to other salary levels within the institution. The process followed and decisions reached are documented in the minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and the financial statements are made available to the public upon request. Form 990, Part XI, line 9: Actuarial change in value 54,380. The John Brown University Foundation 2000 West University Siloam Springs AR 72761 300167845 Support John Brown University AR 501(c)(3) Line 11a, I John Brown University 0 John Brown University Northern Ireland 50 Bedford Street Belfast Antrim EI BT2 7FW Education EI 501(c)(3) Line 2 John Brown University 0 Charitable remainder trusts (2) Hold assets and remit income to University AR John Brown University 0 Makeup unitrusts (1) Hold assets and remit income to University AR John Brown University 0 Retained life estate trusts (1) Hold assets and remit income to University AR John Brown University 0 Flip makeup unitrusts unsold property (2) Hold assets and remit income to University AR John Brown University 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0