SHORTER UNIVERSITY INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- SHORTER UNIVERSITY INC (EIN 58-2624570)
- Tax period
- 2012-06-01 to 2013-05-31
- Filed
- 2014-04-09
- IRS object ID
- 201400999349300520
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-09T10:40:45-05:00 | Timestamp |
| Tax Period End Date | 2013-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363990892 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1255 Lakes Parkway Suite 130 | AddressLine1 |
| City | Lawrenceville | City |
| State | GA | State |
| ZIP Code | 30043 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582624570 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Shorter University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SHOR | NameControl |
| Phone | 7062912121 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 Shorter Avenue | AddressLine1 |
| City | Rome | City |
| State | GA | State |
| ZIP Code | 301654267 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Susan Zeird | Name |
| Title | VP of Finance | Title |
| Phone | 7062337201 | Phone |
| Date Signed | 2014-04-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David C Moja | Name |
| PTIN | P00747006 | PTIN |
| Phone | 6785185301 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Dr Donald V Dowless | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 Shorter Avenue | AddressLine1 |
| City | Rome | City |
| State | GA | State |
| ZIP Code | 301654267 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 65360543 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.shorter.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1873 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | Shorter University is a private non-profit comprehensive liberal arts institution. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 30 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 29 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1123 | TotalNbrEmployees |
| Total Nbr Volunteers | 47 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3333099 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3191149 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 51692854 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 44379336 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 844483 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1499225 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 357745 | OtherRevenuePriorYear |
| Other Revenue Current Year | 940715 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 56228181 | TotalRevenuePriorYear |
| Total Revenue Current Year | 50010425 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13287363 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 12019658 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 18036433 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 20936419 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 660782 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24251687 | OtherExpensePriorYear |
| Other Expenses Current Year | 17780934 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 55575483 | TotalExpensesPriorYear |
| Total Expenses Current Year | 50737011 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 652698 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -726586 | RevenuesLessExpensesCY |
| Total Assets BOY | 63328537 | TotalAssetsBOY |
| Total Assets EOY | 66695433 | TotalAssetsEOY |
| Total Liabilities BOY | 18924485 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 21136035 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 44404052 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 45559398 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The mission of Shorter University is to provide quality higher education, enabling and encouraging student commitment to active life-long learning, personal spiritual values, responsible citizenship, and community and societal leadership in a global context. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 11350077 | Expense |
| Revenue | 39046163 | Revenue |
| Description | Instructional - funds expended for instructional activities in Associate, Bachelor, and Master degree programs. Enrollment in 2012 - 2013 included 2,971 students. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12019658 | Expense |
| Grants | 12019658 | Grants |
| Description | Scholarship and financial aid - Comprehensive financial assistance program includes scholarships, grants, loans and part-time campus employment. Every student enrolled full-time at Shorter University receives some form of financial assistance. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8765177 | Expense |
| Revenue | 5289519 | Revenue |
| Description | Student support - Funds expended for activities contributing to students' well being and intellectual, cultural, and social development outside of formal instruction. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8440162 | Expense |
| Revenue | 43654 | Revenue |
| Description | Academic support - Expenditures integral to the operation and support of the academic services of the University.Auxiliary enterprises - Expenditures to provide services to student, faculty, and staff including housing, cafeteria, and bookstore. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 8440162 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 43654 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 40575074 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 61 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1123 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 30 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 29 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Susan Zeird | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7062912121 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 315 Shorter Avenue | AddressLine1 |
| City | Rome | City |
| State | GA | State |
| ZIP Code | 301654267 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (42 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| Joe Frank Harris Jr | ||||||
| Board Chair | 1.00 | X | X | 0 | 0 | 0 |
| Don Hattaway | ||||||
| Vice Chair of Board | 1.00 | X | X | 0 | 0 | 0 |
| Marilyn Drake | ||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | |
| Lewis Abbott | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| John Bowman | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Charlie Bridges | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Clyde Collier | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Cheryl Cox | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Jim Davenport | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Carlisle Driggers | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Jim Dudley | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Jerry Emerson | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Bob English | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| David Franklin | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Ken Guice | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Jeff Hawkins | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Parnick Jennings | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Jim Law | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Wanda Levan | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Keith McBroom | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| David Parker | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| John Pennington | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Ralph Presley | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Scarlett Rackley | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Jennifer Reynolds | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Gerald Shields | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| David Sparks | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| James Watkins | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| J Robert White | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Randy Womack | ||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |
| Lamar Barden | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| Joy Battles | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| David Harper | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| Curtis Hart | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| Patrick Milsaps | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| Tony Swafford | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| Ken Watkins | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| Gail Wilkins | ||||||
| Part Year Trustee | 1.00 | X | 0 | 0 | 0 | |
| Dr Donald Dowless | ||||||
| President | 60.00 | X | 200416 | 0 | 40519 | |
| Dr Donald Martin | ||||||
| Provost | 60.00 | X | 81614 | 0 | 13173 | |
| Susan Zeird | ||||||
| Interim VP of Finance, CFO | 60.00 | X | 78748 | 0 | 8761 | |
| Stephanie Owens | ||||||
| Part Year VP of Finance, CFO | 60.00 | X | 129561 | 0 | 15848 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 490339 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 78301 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ADE Builders Inc | |||||
| 695 Lawrence Street | Marietta | GA | 30065 | Contractor | 1813917 |
| Aramark | |||||
| 1101 Market Street 14th Floor | Philadelphia | PA | 19107 | Food Service | 1748603 |
| FHEG Shorter College Bookstore | |||||
| 3146 Solutions Center | Chicago | IL | 60677 | Bookstore | 663759 |
| JPMCC 2006-LDP7 Powers Ferry Road LP | |||||
| PO Box 6180 | Hicksville | NY | 11802 | Landlord | 551308 |
| National Management Resource Corp | |||||
| PO Box 1224 | LaGrange | GA | 30241 | Cleaning Service | 453706 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 38 | NumberOfContractorsGT100K |
| Government Grants | 297061 | GovernmentGrants |
| All Other Contributions | 2894088 | AllOtherContributions |
| Noncash Contributions | 112980 | NoncashContributions |
| Total Contributions | 3191149 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition and fees | 611710 | 39046163 | 39046163 |
| Student support servic | 611710 | 5289519 | 5289519 |
| Academic support servi | 611710 | 43654 | 43654 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 44379336 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 748897 | TotalRevenueColumn |
| Exclusion | $748,897 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 7625 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 7625 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16069421 | Securities |
| Other | 23400 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 15324021 | Securities |
| Other | 18472 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 745400 | Securities |
| Other | 4928 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 750328 | TotalRevenueColumn |
| Exclusion | $750,328 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Insurance proceeds | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 940715 | TotalRevenueColumn |
| Exclusion | $940,715 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 940715 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50010425 | TotalRevenueColumn |
| Related Or Exempt Function Income | 44379336 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $2,439,940 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12019658 | Total |
| Program Services | 12019658 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 605256 | Total |
| Program Services | 282994 | ProgramServices |
| Management And General | 269874 | ManagementAndGeneral |
| Fundraising | 52388 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16864556 | Total |
| Program Services | 14809503 | ProgramServices |
| Management And General | 1720570 | ManagementAndGeneral |
| Fundraising | 334483 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 380556 | Total |
| Program Services | 317803 | ProgramServices |
| Management And General | 45450 | ManagementAndGeneral |
| Fundraising | 17303 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1839387 | Total |
| Program Services | 48320 | ProgramServices |
| Management And General | 1791067 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1246664 | Total |
| Program Services | 1074681 | ProgramServices |
| Management And General | 148404 | ManagementAndGeneral |
| Fundraising | 23579 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80293 | Total |
| Management And General | 80293 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103428 | Total |
| Management And General | 103428 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50842 | Total |
| Management And General | 50842 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3993234 | Total |
| Program Services | 3385027 | ProgramServices |
| Management And General | 538559 | ManagementAndGeneral |
| Fundraising | 69648 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 590173 | Total |
| Program Services | 566566 | ProgramServices |
| Fundraising | 23607 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 991115 | Total |
| Program Services | 953278 | ProgramServices |
| Management And General | 34146 | ManagementAndGeneral |
| Fundraising | 3691 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4909 | Total |
| Program Services | 4909 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3704803 | Total |
| Program Services | 1477501 | ProgramServices |
| Management And General | 2222918 | ManagementAndGeneral |
| Fundraising | 4384 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1144846 | Total |
| Program Services | 1062253 | ProgramServices |
| Management And General | 30363 | ManagementAndGeneral |
| Fundraising | 52230 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245868 | Total |
| Program Services | 240498 | ProgramServices |
| Management And General | 5370 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308071 | Total |
| Program Services | 268022 | ProgramServices |
| Management And General | 40049 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1769700 | Total |
| Program Services | 1524000 | ProgramServices |
| Management And General | 245700 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2201135 | Total |
| Program Services | 108360 | ProgramServices |
| Management And General | 2092775 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Study Abroad | 579358 | 579358 | ||
| Repairs and Maintenance | 290860 | 205308 | 81347 | 4205 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1722299 | Total |
| Program Services | 1647035 | ProgramServices |
| Fundraising | 75264 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50737011 | Total |
| Program Services | 40575074 | ProgramServices |
| Management And General | 9501155 | ManagementAndGeneral |
| Fundraising | 660782 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 732180 | BOY |
| EOY | 1440744 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 366478 | BOY |
| EOY | 302493 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 480985 | BOY |
| EOY | 360526 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3692958 | BOY |
| EOY | 2786294 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 731898 | BOY |
| EOY | 830666 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 58460025 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23033251 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33006717 | BOY |
| EOY | 35426774 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12544681 | BOY |
| EOY | 14060400 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1453476 | BOY |
| EOY | 1528576 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1076972 | BOY |
| EOY | 1080610 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9242192 | BOY |
| EOY | 8878350 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63328537 | BOY |
| EOY | 66695433 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3342642 | BOY |
| EOY | 2630902 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4395502 | BOY |
| EOY | 3263532 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8960480 | BOY |
| EOY | 12744425 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2225861 | BOY |
| EOY | 2497176 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18924485 | BOY |
| EOY | 21136035 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26985635 | BOY |
| EOY | 27438858 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4478499 | BOY |
| EOY | 4998838 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12939918 | BOY |
| EOY | 13121702 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44404052 | BOY |
| EOY | 45559398 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 63328537 | BOY |
| EOY | 66695433 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -726586 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 1750874 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 131058 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 65000 | RevenuesIncluded |
| Assets In Part X | 65000 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12273699 | BeginningOfYearBalance |
| Contributions | 72491 | Contributions |
| Investment Earnings Or Losses | 1815770 | InvestmentEarningsOrLosses |
| Other Expenditures | 572300 | OtherExpenditures |
| End Of Year Balance | 13589660 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13154251 | BeginningOfYearBalance |
| Contributions | 155833 | Contributions |
| Investment Earnings Or Losses | -461085 | InvestmentEarningsOrLosses |
| Other Expenditures | 575300 | OtherExpenditures |
| End Of Year Balance | 12273699 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11387910 | BeginningOfYearBalance |
| Contributions | 117092 | Contributions |
| Investment Earnings Or Losses | 2233149 | InvestmentEarningsOrLosses |
| Other Expenditures | 583900 | OtherExpenditures |
| End Of Year Balance | 13154251 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 10221293 | BeginningOfYearBalance |
| Contributions | 45453 | Contributions |
| Investment Earnings Or Losses | 1640164 | InvestmentEarningsOrLosses |
| Other Expenditures | 519000 | OtherExpenditures |
| End Of Year Balance | 11387910 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12706416 | BeginningOfYearBalance |
| Contributions | 268973 | Contributions |
| Investment Earnings Or Losses | -2104096 | InvestmentEarningsOrLosses |
| Other Expenditures | 650000 | OtherExpenditures |
| End Of Year Balance | 10221293 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00360 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.14030 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.85610 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1082216 | OtherCostOrOtherBasis |
| Book Value | 1082216 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 36843686 | OtherCostOrOtherBasis |
| Depreciation | 8523307 | Depreciation |
| Book Value | 28320379 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1713122 | OtherCostOrOtherBasis |
| Depreciation | 605266 | Depreciation |
| Book Value | 1107856 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16057654 | OtherCostOrOtherBasis |
| Depreciation | 13904678 | Depreciation |
| Book Value | 2152976 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2763347 | OtherCostOrOtherBasis |
| Book Value | 2763347 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 35426774 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Funds held in trust by others | Description |
| Book Value | 8878350 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 8878350 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuities payable | $18,443 |
| Refundable advances from federal government | $897,073 |
| Conditional asset retirement obligation | $239,911 |
| Interest rate swap agreement | $338,539 |
| Deferred rent | $930,973 |
| Capital lease obligations | $72,237 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2497176 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 39829482 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1750874 | NetUnrealizedGainsInvestments |
| Other Revenues | 138683 | OtherRevenues |
| Revenue Not Rptd F990 | 1889557 | RevenueNotRptdF990 |
| Revenue Subtotal | 37939925 | RevenueSubtotal |
| Investment Expenses Not Included | 50842 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 12019658 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 12070500 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 50010425 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 38674136 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 7625 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 7625 | ExpensesNotRptdF990 |
| Expenses Subtotal | 38666511 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 50842 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 12019658 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 12070500 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 50737011 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 4: | The University received a collection of religious art that is currently on display for the students. | |
| Part V, Line 4: | The majority of Shorter University's endowment intends to provide scholarships to students with a small amount restricted for professorships. | Description of Intended Use of Endowment Funds: |
| Part X, Line 2: | The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of May 31, 2013, the University has analyzed its tax positions and believes that all more likely than not to be sustained upon examination. The Organization files information tax returns in the U.S. and various states. The Organization is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2009. | Description of Uncertain Tax Positions Under FIN 48: |
| Rental expenses 7,625. Change in value of interest rate swap 45,520. Change in value of split interest agreement 85,538. | Part XI, Line 2d - Other Adjustments: | |
| Student financial aid netted with revenue on financial statement 12,019,658. | Part XI, Line 4b - Other Adjustments: | |
| Rental expenses 7,625. | Part XII, Line 2d - Other Adjustments: | |
| Student financial aid netted with revenue on financial stmt 12,019,658. | Part XII, Line 4b - Other Adjustments: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | The University's Statement of Non-Discrimination is included in Shorter University's catalog which is available online at http://www.shorter.edu/academics/catalog/introduction.pdf. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | Shorter University receives Federal Student Financial Aid. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe | 0 | 0 | Program services | Study abroad | 66814 |
| Central American and the Caribbean | 0 | 0 | Program services | Study abroad | 240006 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 306820 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 306820 | TotalAmountSpent |
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants Outside the U.S.: | Identifier |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships | TypeOfGrant |
| Number Of Recipients | 4310 | NumberOfRecipients |
| Amount Of Cash Grant | 12019658 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Shorter Univerity participates in the student financial assistance programs through the U.S. Department of Education. Funds are awarded and applied to student accounts based on the Department of Education guidelines set forth by the Title IV programs. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Dr Donald Dowless | NamePerson |
| Title | President | Title |
| Base Compensation Filing Org | 174384 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 25000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 1032 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 8750 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 31769 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 240935 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | Per direction from the Board of Trustees, the President of the University resides on campus in University provided housing with a yearly rental value of $24,000. |
| Part I, Line 4a | The former VP of Finance and CFO, Stephanie Owens, received severance payments in the amount of $43,333 during the fiscal year. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Grant | 840 | AmountOfGrant |
| Type Of Assistance | Tuition Assistance | TypeOfAssistance |
| Purpose Of Assistance | Tuition Assistance | PurposeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Allen Hornback | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | Son-in-law of a Board Trustee | Relationship |
| Amount Of Transaction | 1813917 | AmountOfTransaction |
| Description Of Transaction | The University has contracted with ADE Builders, with whom Allen Hornback is President, to build a dormatory. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6719 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenues |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 9353 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenues |
Drugs And Medical Supplies DrugsAndMedicalSupplies
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1120 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenues |
Historical Artifacts HistoricalArtifacts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 65000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Building improvement | 4 | 29288 | Market Value |
| X | Band instruments | 1 | 1500 | Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method for Determining Number of Contributions: | Identifier |
| Return Reference | Part I, Column (b): | ReturnReference |
| Explanation | The number of contributions represent the number of contributions received, not the number of items donated. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Part VI, Section A, line 1 | The governing body delegates broad authority to an Executive Committee consisting of the Chair, the Vice Chair,and Secretary of the Board of Trustees, the Chair of the Finance and Investment Committee, and three other Board of Trustees members elected by the Board of Trustees at the annual meeting. The Executive Committee has full power and authority to act and to transact any business for and on behalf of the University and in the place of the Board of Trustees during the interim between meetings of the Board of Trustees. | |
| Form 990, Part VI, Section A, line 6 | The Baptist Convention of the State of Georgia is the University's sole member. | |
| Form 990, Part VI, Section A, line 7a | All Trustees shall be elected by the Member, including those elected to fill any vacancy on the Board of Trustees. | |
| Form 990, Part VI, Section A, line 7b | The Member has the right to vote on any proposal of dissolution. | |
| Form 990, Part VI, Section B, line 11 | The Form 990 is prepared by an independent CPA firm and is then reviewed and approved by the Board of Trustees. The President and Chief Financial Officer review the Form 990 and address any comments by the Board of Trustees before the Form 990 is filed. | |
| Form 990, Part VI, Section B, line 12c | The University rquires employees, the Board of Trustees, and Officers to annually sign a conflict of interest statements disclosing any conflicts of interest. The administrative assistant to the President reviews the statements and gives any statements indicating a conlict to the President; the President discloses the conflict to the head of the Board; the Board or a committee determines whether an actual conflict exists. If a conflict of interest arise at a board meeting, the Board member is prohibitted from voting on or discussing any matter in which they have a conflict. | |
| The Board of Trustees approves the President's compensation. The President reviews and approves all new hire and compensation change forms. Compensation approval is documented on various enrollment and employee change forms. | ||
| Form 990, Part VI, Section C, line 19 | These documents are made available upon request. | |
| Form 990, Part XI, line 9: | Change in value of interest rate swap 45,520. Change in value of split interest agreement 85,538. | Changes in Net Assets or Fund Balances: |
| Form 990, Part XII, Line 2c: | The University has a committe that assumes responsibility for oversight of the audit of its financials and selection of an independent accountant. This process has not changed since prior year. | Explanation for Responsibility |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Georgia Baptist Convention | |||||||||||
| 6405 Sugarloaf Parkway | Duluth | GA | 30097 | 580566245 | Church | GA | 501(c)(3) | 170(b)(1) (A)(i) | N/A | 0 | |
| Georgia Baptist Foundation Inc | |||||||||||
| 6405 Sugarloaf Parkway | Duluth | GA | 30097 | 586030046 | Trust agency for endowments | GA | 501(c)(3) | 170(b)(1) (A)(vi) | 0 | Georgia Baptist Convention | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |