2014-04-14T11:15:19-05:00 2013-06-30 363990892 Capin Crouse LLP 2435 Research Parkway STE 200 Colorado Springs CO 80920 990 2012-07-01 710239576 John Brown University JOHN 4795243131 2000 W University Siloam Springs AR 727612121 Kimberly Hadley 4795243131 2014-04-14 1 David C Moja P00747006 7195286225 2012 2015-11-30 17:44:51Z Charles Pollard 2000 W University Siloam Springs AR 727612121 70162821 0 X www.jbu.edu X 1934 AR Provide a Christ-centered education that prepares students to honor God and serve others. 31 31 1747 100 223994 0 23704865 18411014 43008595 45663697 3928233 3842236 260267 275073 70901960 68192020 15175759 16378223 0 0 25067839 26423351 0 0 1829639 19142863 18322606 59386461 61124180 11515499 7067840 186975704 198916252 15086509 15794020 171889195 183122232 X 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. 0 0 30685079 15818755 34834851 Instructional Services - JBU currently enrolls more than 2,200 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 six graduate degrees. The faculty to student ratio is 14:1. The top five traditional programs of study by major enrollment are: graphic and web design, engineering and construction management, family and human services, biology, business administration, and early childhood 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. 7611697 0 0 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. 6068334 559468 7611492 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. 4641075 0 246157 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. 4017304 0 2016153 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. 8658379 2262310 53023489 1 1 0 0 0 1 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 1 118 0 1 1747 1 1 1 1 UK 0 0 0 0 0 0 0 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X Kimberly Hadley CFO 4795243131 2000 W University Siloam Springs AR 727612121 Dr Robert V Cupp 0.00 0.00 X X 0 0 0 Michael R Kairis 0.00 0.00 X X 0 0 0 Michael S King 0.00 0.00 X X 0 0 0 Susan Barrett 0.00 0.00 X 0 0 0 Holly Robason Beitel 0.00 0.00 X 0 0 0 Sharon J Bell 0.00 0.00 X 0 0 0 Marc Boatwright 0.00 0.00 X 0 0 0 John E Brown III 0.00 0.00 X 0 0 0 Roger L Cross 0.00 0.00 X 0 0 0 Rollin L Ford 0.00 0.00 X 0 0 0 Stephen R Genheimer 0.00 0.00 X 0 0 0 Wayne Hardy 0.00 0.00 X 0 0 0 Lawson Hembree IV 0.00 0.00 X 0 0 0 Keith E Holmberg 0.00 0.00 X 0 0 0 Robert W Jackson Jr 0.00 0.00 X 0 0 0 Alan L Lee 0.00 0.00 X 0 0 0 David H LeVan 0.00 0.00 X 0 0 0 Hendrick A Lorentz 0.00 0.00 X 0 0 0 Dr T Richard Medlock 0.00 0.00 X 0 0 0 William C Naramore Sr 0.00 0.00 X 0 0 0 Doug Neufeld 0.00 0.00 X 0 0 0 Nick Petelski 0.00 0.00 X 0 0 0 Phillip O Porter 0.00 0.00 X 0 0 0 Lee R Sale 0.00 0.00 X 0 0 0 Mark C Simmons 0.00 0.00 X 0 0 0 April Smith 0.00 0.00 X 0 0 0 Lavenski R Smith 0.00 0.00 X 0 0 0 Ruth H Smith 0.00 0.00 X 0 0 0 Marvin G Spees 0.00 0.00 X 0 0 0 Sharon S Wasson 0.00 0.00 X 0 0 0 Diane N Willits 0.00 0.00 X 0 0 0 Charles Pollard 40.00 0.00 X 249561 0 64504 Edward Ericson 40.00 0.00 X 109732 0 18576 Kimberly M Hadeley 40.00 0.00 X 100666 0 11996 Dr Gary Oliver 40.00 0.00 X 156719 0 37099 James Krall 40.00 0.00 X 124849 0 22212 Steve Beers 40.00 0.00 X 108646 0 19637 Charles Hyde 40.00 0.00 X 108716 0 16850 958889 0 190874 7 0 1 0 Nabholz Construction Corporation PO Box 277 Rogers AR 727570277 Construction 5785361 Aramark PO Box 7548 Philadelphia PA 191017548 Food Service 981058 Hastings & Chivetta Architects 622 Emerson Road Ste 200 St Louis MO 63141 Construction 364114 Creative Dining Services One Royal Park Drive STE 3 Zeeland MI 49464 Food Service 276379 Just-Us-Printers Inc PO Box 41 Springdale AR 727650041 Printing Services 183748 15 3846542 14564472 72991 18411014 Tuition & Fees 611310 35834851 35834851 Auxiliary Enterprises 611310 7611492 7611492 Public Service 611310 2016153 2016153 Health Complex 713940 201201 201201 45663697 4258101 -6123 4264224 246157 246157 44146 15230 28916 28916 28916 1527643 12063 1938997 16574 -411354 -4511 -415865 -415865 68192020 45708653 223994 3848359 16378223 16378223 757456 313667 323760 120029 19532407 16394427 2250548 887432 1060491 862129 142135 56227 3801467 2698650 977476 125341 1271530 1038302 168032 65196 62731 8545 30846 23340 91066 91066 67808 67808 1161075 1045300 9253 106522 3992032 2736564 947453 308015 774885 396569 346653 31663 568252 643118 -79549 4683 1779506 1584269 122977 72260 343249 283179 60070 3423368 3129257 294111 357803 13995 343808 Auxiliary services 3253644 3253644 Operations & maintenanc 2220836 2070084 148244 2508 Professional developmen 204452 173567 26361 4524 21899 21899 61124180 53023489 6271052 1829639 5726775 3906639 1997238 1271258 11845328 9600856 946153 1320982 1730755 1894675 186190 276746 132372607 47999038 77967878 84373569 77109869 86958712 6518838 6160830 2946680 3151985 186975704 198916252 2125052 2696101 1405311 1392255 1261822 1371709 9003916 8625000 1290408 1708955 15086509 15794020 X 85609481 91204424 20135358 23411070 66144356 68506738 171889195 183122232 186975704 198916252 X 7067840 -4868 4170065 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 0 514700 1 1 22775 57317 X 0 81168309 1357284 8151917 3966732 0 0 86710778 79961317 4294368 356534 3443910 0 0 81168309 67311746 5330103 10743495 3424027 0 0 79961317 58974451 5653296 5758117 3074118 0 0 67311746 71242710 2817814 -12022369 3063704 0 0 58974451 0.12530 0.79000 0.08470 0 0 295739 295739 108228922 37207027 71021895 13947408 9703733 4243675 9900538 1088278 8812260 84373569 Annuity & trusts payable 1167849 Construction retainage payable 442023 Asset retirement obligation 99083 1708955 X 55983862 4170065 4170065 51813797 16378223 16378223 68192020 44745957 0 44745957 16378223 16378223 61124180 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. Description of Intended Use of Endowment Funds: 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 Relationship Enrichment and The Soderquist Center for Leadership and Ethics. Description of Uncertain Tax Positions Under FIN 48: 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, 2013, the University had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. The University's federal Return of Organization Exempt from Income Tax Form 990 and Exempt Organization Business Income Tax Return Form 990T for the years ended June 30, 2012, 2011, and 2010 are subject to examination by the IRS, generally for three years after they were filed. Part XI, Line 2d - Other Adjustments: Actuarial change in value 320,252. Endowment gain/loss 3,849,813. Part XI, Line 4b - Other Adjustments: Scholarships & grants 16,378,223. Part XII, Line 4b - Other Adjustments: Scholarships & grants 16,378,223. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication 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. Explanation of Government Financial Assistance 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) 0 0 Program services International trips 307358 Central America and the Caribbean 0 0 Program services International trips 98108 East Asia and the Pacific 0 0 Program services International trips 5578 Middle East and North Africa 0 0 Program services International trips 3731 South America 0 0 Program services International trips 2262 0 0 0 0 0 0 417037 0 417037 0 0 0 0 0 0 Method Used to Acccount for Expenditures: Schedule F, 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. 1 Academic support: grants, scholarships, aid, etc 1473 16378223 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, 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 245472 0 0 0 4089 0 34469 0 30035 0 314065 0 0 0 Dr Gary Oliver 156719 0 0 0 0 0 10970 0 26129 0 193818 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 2420000 2445000 58227 2389899 2002 0 1 1 1 B 940000 9461811 166266 9298951 2009 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 1 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 Part III Line 9, Part IV Line 7, and Part V Explanation for policies and procedures Although not in place as of June 30, 2013, after consulting bond counsel, John Brown University had written policies and procedures in place for its tax exempt bonds at the time of filing this return. 28296 Tuition discounts, scholarships, & support offered to full-time employees Broadway Construction Company is owned by son of Board Member, Mark Simmons. 204533 The University engaged and paid Broadway Construction $204,533 for construction services provided. JBU handled the transaction in accordance to their conflicts of interest policy, with the work being approved (after getting other bids) by the Executive Committee of the Board with Mark excused from the discussion. This transaction took place at or below fair market value. 0 0 X 2 22775 FMV-Similar Asset Sales X 2059 FMV-Similar Asset Sales X 8 41453 FMV-Sales Price X 1 375 FMV-Similar Asset Sales X Equipment 4 4314 Equipment X Supplies 5 2015 Supplies 0 1 0 Method for Determining Number of Contributions: Part I, Column (b): The number of contributions Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent CPA firm and is then reviewed by both the CFO 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. 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 amounts for the members of the president's cabinet as submitted by the president. The salaries are 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. The president's salary was most recently reviewed on June 17, 2013, by the executive committee of the board of directors. 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. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 9: Actuarial change in value 320,252. Endowment gain/loss 3,849,813. 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 Beaver Lake Joint Venture 2000 West University Siloam Springs AR 72761 486183661 Real estate AR John Brown University Unrelated 6123 11443 1 1 0.67000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0