HOOD COLLEGE OF FREDERICK MD: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- HOOD COLLEGE OF FREDERICK MD (EIN 52-0591608)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-03-21
- IRS object ID
- 201430809349300808
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-03-21T15:01:13-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 522041603 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SQUIRE LEMKIN COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 ROCKVILLE PIKE SUITE 475 | AddressLine1 |
| City | ROCKVILLE | City |
| State | MD | State |
| ZIP Code | 20850 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520591608 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD COLLEGE OF FREDERICK MD | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | HOOD | NameControl |
| Phone | 3016963131 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT AVENUE | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CHARLES G MANN | Name |
| Title | VP FOR FINANCE & TREASURER | Title |
| Phone | 3016963131 | Phone |
| Date Signed | 2014-03-21 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NANCY JOHNSON | Name |
| PTIN | P01593478 | PTIN |
| Phone | 3014246800 | 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 | CHARLES G MANN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT AVENUE | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 76537547 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HOOD.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1893 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | HOOD COLLEGE PREPARES STUDENTS TO EXCEL IN MEETING THE PERSONAL, PROFESSIONAL AND GLOBAL CHALLENGES OF THE FUTURE. HOOD IS COMMITTED TO THE INTERGRATION OF THE LIBERAL ARTS, THE PROFESSIONS AND TECHNOLOGY, TO THE EXPLORATION OF VALUES, A SENSE OF COMMUNITY AND TO THE PREPARATION OF STUDENTS FOR LIVES OF RESONSIBILITY, LEADERSHIP AND SERVICE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 21 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1218 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 171336 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -68068 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 10610563 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8274404 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 54591926 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 54426798 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 910256 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1387738 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 66112745 | TotalRevenuePriorYear |
| Total Revenue Current Year | 64088940 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 23493308 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 22187869 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 20803501 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 21051877 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1575112 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17336067 | OtherExpensePriorYear |
| Other Expenses Current Year | 18285718 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 61632876 | TotalExpensesPriorYear |
| Total Expenses Current Year | 61525464 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4479869 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2563476 | RevenuesLessExpensesCY |
| Total Assets BOY | 135033578 | TotalAssetsBOY |
| Total Assets EOY | 144738463 | TotalAssetsEOY |
| Total Liabilities BOY | 32267742 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 33763968 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 102765836 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 110974495 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | HOOD COLLEGE PREPARES STUDENTS TO EXCEL IN MEETING THE PERSONAL, PROFESSIONAL AND GLOBAL CHALLENGES OF THE FUTURE. HOOD IS COMMITTED TO THE INTEGRATION OF THE LIBERAL ARTS, THE PROFESSIONS AND TECHNOLOGY, TO THE EXPLORATION OF VALUES, A SENSE OF COMMUNITY AND TO THE PREPARATION OF STUDENTS FOR LIVES OF RESPONSIBILITY, LEADERSHIP AND SERVICE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 48827441 | Expense |
| Grants | 22187869 | Grants |
| Revenue | 54255462 | Revenue |
| Description | HIGHER EDUCATION-FOUNDED IN 1893, HOOD COLLEGE IS A PRIVATE INSTITUTION OF HIGHER LEARNING WITH AN ESTABLISHED TRADITION OF PROVIDING A COMPREHENSIVE ACADEMIC PROGRAM IN THE LIBERAL ARTS AND PROFESSIONAL STUDIES. HOOD PROVIDES ITS STUDENTS WITH THE OPPORTUNITY TO PURSUE TWENTY-SEVEN MAJOR FIELDS OF STUDY TOWARDS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES, 14 MASTER'S DEGREES AND FIVE POST-BACCALAUREATE CERTIFICATE PROGRAMS AND CERTIFICATION PROGRAMS IN EDUCATION. IN FALL 2012, TOTAL ENROLLMENT WAS 2,422 STUDENTS COMPRISED OF 1,434 UNDERGRADUATE AND 988 STUDENTS SEEKING MASTER'S DEGREES, CERTIFICATES OF CERTIFICATION. | Description |
| Total Program Service Expense | 48827441 | 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 | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | 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 | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | 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 | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | 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 | 165 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1218 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 | 0 | QuidProQuoContributions |
| 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 | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 21 | 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 | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | 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 | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DARIAN SCHULZE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3016963131 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT AVENUE | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (30 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|---|
| PHILIP A BERKHEIMER | ||||||||
| CHAIR | 2.00 | X | 0 | 0 | 0 | |||
| JANET SPAULDING NUNN | ||||||||
| VICE CHAIR | 2.00 | X | 0 | 0 | 0 | |||
| M RICHARD ADAMS | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| AMY K CHAN | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JANET H COTTON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| CHERYL BROWN DREILING | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARGERY LESSER ELFIN PHD | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JOAN ESSELEN FOOT | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MARK E FRIIS | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| J BRIAN GAENG | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JOHN K HODGES | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| ROBERT G HOOPER | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| KEVIN C JACKSON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| GEORGE E LEWIS JR DVM | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JUDITH MESSINA | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| JACOB RAY RAMSBURG III | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| E JAMES REINSCH | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| MALINDA B SMALL | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| SAMUEL R WELLS III | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| SUSAN WHALEY | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| NEAL J WILSON | ||||||||
| BOARD MEMBER | 2.00 | X | 0 | 0 | 0 | |||
| RONALD J VOLPE PH D | ||||||||
| PRESIDENT | 60.00 | 310145 | 0 | 156039 | X | |||
| CHARLES G MANN | ||||||||
| VP FOR FINANCE & TREASURER | 40.00 | 169277 | 0 | 20096 | X | |||
| DARIAN SCHULZE | ||||||||
| ASSISTANT TREASURER/CONTROLLER | 40.00 | 85987 | 0 | 14379 | X | |||
| DIANE WISE | ||||||||
| SECRETARY | 40.00 | 58752 | 0 | 3090 | X | |||
| KATHLEEN BANDS | ||||||||
| VP ENROLLMENT MANAGEMENT | 40.00 | 117903 | 0 | 18952 | X | |||
| KATHERINE CONWAY-TURNER | ||||||||
| VP ACADEMIC AFFAIRS AND PR | 40.00 | 149893 | 0 | 23120 | X | |||
| NANCY GILLECE | ||||||||
| VP INSTITUTIONAL ADVANCEME | 40.00 | 135409 | 0 | 8324 | X | |||
| OLIVIA WHITE | ||||||||
| DEAN OF STUDENTS | 40.00 | 120905 | 0 | 6852 | X | |||
| CORNELIUS FAY | ||||||||
| CHIEF TECHNOLOGY OFFICER | 40.00 | 112150 | 0 | 6754 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1260421 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 257606 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | 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 |
|---|---|---|---|---|---|
| ARAMARK CORPORATION | |||||
| 24818 NETWORK PLACE | CHICAGO | IL | 60673 | FACILITIES MANAGEMENT | 2000912 |
| ARAMARK SERVICES INC | |||||
| 5271 ELLIOT ROAD | BUTLER | PA | 160018105 | FOOD SERVICES | 1396342 |
| SIMPLEX GRINNELL | |||||
| ONE COLLEGE AVENUE | FREDERICK | MD | 21701 | SPRINKLERS & FIRE ALARM SERVICES | 445798 |
| SPIRES PROPERTY SERVICES | |||||
| 403A MAGNOLIA AVENUE | FREDERICK | MD | 21701 | BUILDING EXTERIOR REFURBISHING SERVICES | 211171 |
| BB&T INSURANCE SERVICES | |||||
| 1201 NORTH EAST STREET PO BOX 23 | FREDERICK | MD | 21705 | INSURANCE BROKERAGE SERVICES | 205456 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Government Grants | 1890605 | GovernmentGrants |
| All Other Contributions | 6383799 | AllOtherContributions |
| Noncash Contributions | 265192 | NoncashContributions |
| Total Contributions | 8274404 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| GROSS TUITION | 611600 | 46003724 | 46003724 | |
| AUXILIARY ENTERPRISES | 713990 | 7975411 | 7804075 | 171336 |
| OTHER EDUCATIONAL AND GENERAL | 611600 | 447663 | 447663 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 54426798 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1060029 | TotalRevenueColumn |
| Exclusion | $1,060,029 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12776316 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 12448607 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 327709 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 327709 | TotalRevenueColumn |
| Exclusion | $327,709 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 64088940 | TotalRevenueColumn |
| Related Or Exempt Function Income | 54255462 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 171336 | UnrelatedBusinessRevenue |
| Exclusion | $1,387,738 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22187869 | Total |
| Program Services | 22187869 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1020377 | Total |
| Program Services | 694281 | ProgramServices |
| Management And General | 285045 | ManagementAndGeneral |
| Fundraising | 41051 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16054656 | Total |
| Program Services | 10923858 | ProgramServices |
| Management And General | 4484906 | ManagementAndGeneral |
| Fundraising | 645892 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 595534 | Total |
| Program Services | 405211 | ProgramServices |
| Management And General | 166364 | ManagementAndGeneral |
| Fundraising | 23959 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2240945 | Total |
| Program Services | 1524778 | ProgramServices |
| Management And General | 626012 | ManagementAndGeneral |
| Fundraising | 90155 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1140365 | Total |
| Program Services | 775923 | ProgramServices |
| Management And General | 318564 | ManagementAndGeneral |
| Fundraising | 45878 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15085 | Total |
| Program Services | 10264 | ProgramServices |
| Management And General | 4214 | ManagementAndGeneral |
| Fundraising | 607 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89710 | Total |
| Program Services | 61040 | ProgramServices |
| Management And General | 25061 | ManagementAndGeneral |
| Fundraising | 3609 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185752 | Total |
| Management And General | 185752 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6799652 | Total |
| Program Services | 4626597 | ProgramServices |
| Management And General | 1899499 | ManagementAndGeneral |
| Fundraising | 273556 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 256568 | Total |
| Program Services | 174573 | ProgramServices |
| Management And General | 71673 | ManagementAndGeneral |
| Fundraising | 10322 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 957428 | Total |
| Program Services | 651450 | ProgramServices |
| Management And General | 267460 | ManagementAndGeneral |
| Fundraising | 38518 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1739218 | Total |
| Program Services | 1183393 | ProgramServices |
| Management And General | 485855 | ManagementAndGeneral |
| Fundraising | 69970 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 744887 | Total |
| Program Services | 506834 | ProgramServices |
| Management And General | 208086 | ManagementAndGeneral |
| Fundraising | 29967 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3310146 | Total |
| Program Services | 2252279 | ProgramServices |
| Management And General | 924697 | ManagementAndGeneral |
| Fundraising | 133170 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 283785 | Total |
| Program Services | 193092 | ProgramServices |
| Management And General | 79276 | ManagementAndGeneral |
| Fundraising | 11417 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| UTILITIES AND TELECOMMU | 1585205 | 1078600 | 442831 | 63774 |
| RENTALS AND LEASES | 877136 | 596818 | 245030 | 35288 |
| POSTAGE, DUPLICATING AN | 571888 | 389122 | 159758 | 23008 |
| OTHER | 381357 | 259483 | 106532 | 15342 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 487901 | Total |
| Program Services | 331976 | ProgramServices |
| Management And General | 136296 | ManagementAndGeneral |
| Fundraising | 19629 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61525464 | Total |
| Program Services | 48827441 | ProgramServices |
| Management And General | 11122911 | ManagementAndGeneral |
| Fundraising | 1575112 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 769873 | BOY |
| EOY | 103000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 264815 | BOY |
| EOY | 58881 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 599642 | BOY |
| EOY | 1678751 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3890671 | BOY |
| EOY | 4298524 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58134 | BOY |
| EOY | 90978 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316922 | BOY |
| EOY | 426953 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 116867702 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 52092212 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62095584 | BOY |
| EOY | 64775490 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21909669 | BOY |
| EOY | 30677878 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31993361 | BOY |
| EOY | 34054370 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13134907 | BOY |
| EOY | 8573638 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135033578 | BOY |
| EOY | 144738463 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3901009 | BOY |
| EOY | 4266597 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 486397 | BOY |
| EOY | 331788 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15862295 | BOY |
| EOY | 15839295 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4627601 | BOY |
| EOY | 3895962 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7390440 | BOY |
| EOY | 9430326 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32267742 | BOY |
| EOY | 33763968 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40349041 | BOY |
| EOY | 42144796 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21057932 | BOY |
| EOY | 25331324 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41358863 | BOY |
| EOY | 43498375 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102765836 | BOY |
| EOY | 110974495 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135033578 | BOY |
| EOY | 144738463 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2563476 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 5512388 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 132795 | ReconcilationOtherChanges |
| 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 Consolidated | X | FinancialStatementConsolidated |
| 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 62064298 | BeginningOfYearBalance |
| Contributions | 3366631 | Contributions |
| Investment Earnings Or Losses | 6484158 | InvestmentEarningsOrLosses |
| Other Expenditures | 2487094 | OtherExpenditures |
| End Of Year Balance | 69427993 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 63440430 | BeginningOfYearBalance |
| Contributions | 3285951 | Contributions |
| Investment Earnings Or Losses | -2373423 | InvestmentEarningsOrLosses |
| Other Expenditures | 2288660 | OtherExpenditures |
| End Of Year Balance | 62064298 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51630273 | BeginningOfYearBalance |
| Contributions | 4570822 | Contributions |
| Investment Earnings Or Losses | 9387527 | InvestmentEarningsOrLosses |
| Other Expenditures | 2148192 | OtherExpenditures |
| End Of Year Balance | 63440430 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 47488121 | BeginningOfYearBalance |
| Contributions | 1062827 | Contributions |
| Investment Earnings Or Losses | 5416867 | InvestmentEarningsOrLosses |
| Other Expenditures | 2337542 | OtherExpenditures |
| End Of Year Balance | 51630273 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 59084921 | BeginningOfYearBalance |
| Contributions | 269907 | Contributions |
| Investment Earnings Or Losses | -9372947 | InvestmentEarningsOrLosses |
| Other Expenditures | 2493760 | OtherExpenditures |
| End Of Year Balance | 47488121 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.11000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.63000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.26000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 544775 | OtherCostOrOtherBasis |
| Book Value | 544775 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 76477760 | OtherCostOrOtherBasis |
| Depreciation | 31305369 | Depreciation |
| Book Value | 45172391 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20104656 | OtherCostOrOtherBasis |
| Depreciation | 3972744 | Depreciation |
| Book Value | 16131912 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 17985645 | OtherCostOrOtherBasis |
| Depreciation | 16254857 | Depreciation |
| Book Value | 1730788 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1754866 | OtherCostOrOtherBasis |
| Depreciation | 559242 | Depreciation |
| Book Value | 1195624 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 64775490 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| FIXED INCOME BONDS | 10885912 | F |
| REAL ESTATE INVESTMENTS | 3317022 | F |
| HEDGE FUNDS/ALTERNATIVE | 19851436 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 34054370 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| INTEREST HELD IN TRUST BY OTHERS | 8397554 |
| CASH AND SHORT TERM INVESTMENTS | 176084 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 8573638 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SPLIT INTEREST AGREEMENTS | $2,210,659 |
| REFUNDABLE ADVANCES FROM US GOVERNMENT | $2,530,866 |
| CONDITIONAL ASSET RETIREMENT OBLIGATIONS | $1,304,724 |
| INTEREST RATE SWAP | $914,910 |
| DEFERRED BUILDING IMPROVEMENT LIABILITIES | $1,809,167 |
| LINE OF CREDIT | $660,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 9430326 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 47360502 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 5512388 | NetUnrealizedGainsInvestments |
| Other Revenues | 132795 | OtherRevenues |
| Revenue Not Rptd F990 | 5645183 | RevenueNotRptdF990 |
| Revenue Subtotal | 41715319 | RevenueSubtotal |
| Investment Expenses Not Included | 185752 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 22187869 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 22373621 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 64088940 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 39152143 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 39152143 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 185752 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 22187569 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 22373321 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 61525464 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO BE USED PRIMARILY FOR INSTRUCTION, SCHOLARSHIPS, AND ACADEMIC SUPPORT. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE COLLEGE IS RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX, EXCEPT ON UNRELATED BUSINESS ACTIVITIES, UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE COLLEGE MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT EVALUATED THE COLLEGE'S TAX POSITIONS AND CONCLUDED THAT THE COLLEGE HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STAT3MENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR 2013 OR 2012. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS ($215,034) AND INTEREST RATE SWAP AGREEMENT $347,829 | ||
| PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID SCHOLARSHIPS UNFUNDED $20,245,922, FINANCIAL AID SCHOLARSHIPS FUNDED $1,941,947 | ||
| PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID SCHOLARSHIPS UNFUNDED $20,245,922, FINANCIAL AID SCHOLARSHIPS FUNDED $1,941,947AND NET CONSOLIDATING EXPENSE ENTRIES OF ($300). |
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 NON-DISCRIMINATION POLICY IS PLACED ON ALL PUBLICATIONS AND PRINTED MATERIALS. SPECIFICALLY, THE POLICY APPEARS ON THE APPLICATION MATERIALS, LETTERS TO POTENTIAL STUDENTS AND ON THE ORGANIZATION'S WEBSITE. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | HOOD COLLEGE RECEIVES THE FOLLOWING FEDERAL ASSISTANCE: DIRECT STUDENT FINANCIAL AID FROM THE US DEPARTMENT OF EDUCATION, AND US DEPARTMENT OF EDUCATION PASS-THRU FUNDING FROM THE STATE OF MARYLAND. IN ADDITION, HOOD COLLEGE RECEIVED GRANT AWARDS FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, US DEPARTMENT OF COMMERCE, US DEPARTMENT OF DEFENSE, AND THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES AND NATIONAL INSTITUTE OF HEALTH. |
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 | HOOD COLLEGE PROVIDES SCHOLARSHIP TO STUDENTS ATTENDING THE COLLEGE | TypeOfGrant |
| Number Of Recipients | 1296 | NumberOfRecipients |
| Amount Of Cash Grant | 22187869 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
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: ALL HOOD COLLEGE GRANTS, COLLEGE WORK-STUDY AWARDS, PERKINS LOANS AND MOST STAFFORD LOANS ARE BASED ON FINANCIAL NEED. HOOD SCHOLARSHIPS ARE BASED ON ACADEMIC ACHIEVEMENT AS EVALUATED THROUGH THE STUDENT'S HIGH SCHOOL RECORD AND SAT SCORES. MANY SCHOLARSHIP RECIPIENTS' TOTAL FINANCIAL AID PACKAGES ALSO INTEGRATE NEED BASED AWARDS. ALL GRANTS AND AWARDS REQUIRE REPORTING OF FUND USAGE. | 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 |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | 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 (3 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RONALD J VOLPE PH D | ||||||||||||||
| PRESIDENT | 308722 | 0 | 0 | 0 | 1423 | 0 | 112500 | 0 | 43539 | 0 | 466184 | 0 | 0 | 0 |
| CHARLES G MANN | ||||||||||||||
| VP FOR FINANCE & TREASURER | 168890 | 0 | 0 | 0 | 387 | 0 | 8669 | 0 | 11427 | 0 | 189373 | 0 | 0 | 0 |
| KATHERINE CONWAY-TURNER | ||||||||||||||
| VP ACADEMIC AFFAIRS AND PR | 149299 | 0 | 0 | 0 | 594 | 0 | 7881 | 0 | 15239 | 0 | 173013 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COUNTY COMMISSIONERS OF FREDERICK COUNTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 526000094 | IssuerEIN |
| Date Issued | 2010-07-18 | DateIssued |
| Issue Price | 15800295 | IssuePrice |
| Description Of Purpose | BUILDINGS AND STRUCTURES, LAND | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount In Reserve Fund | 158000295 | AmountInReserveFund |
| Issuance Costs From Proceeds | 219300 | IssuanceCostsFromProceeds |
| Capital Expenditures | 15580995 | CapitalExpenditures |
| Year Of Subst Completion | 2011 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BB&T | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 5.600000000000 | TermOfHedge |
| Superintegrated Hedge | 1 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KEVIN JACKSON | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | TRUSTEE | Relationship |
| Amount Of Transaction | 107232 | AmountOfTransaction |
| Description Of Transaction | RENTAL OF FOUR CONDOMINIUMS | 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 | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 265192 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SALES PRICE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY OF THE 990 WILL BE PRESENTED TO THE BOARD OF DIRECTORS OR A DESIGNATED REPRESENTATIVE OF THE BOARD OF DIRECTORS TO REVIEW BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE POLICY OF HOOD COLLEGE IS THAT EACH MEMBER OF THE BOARD SHALL EXECUTE AND SUBMIT ON AN ANNUAL BASIS DURING HER/HIS TERM OF SERVICE A DISCLOSURE OF INTEREST STATEMENT. THE CHAIRPERSON OF THE BOARD, IN CONJUNCTION WITH THE MANAGEMENT OF THE COLLEGE, MONITORS THE SUBMISSION OF THESE FORMS ON AN ANNUAL BASIS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | PER THE BYLAWS, THE EXECUTIVE/COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES HAS THE AUTHORITY TO SET THE PRESIDENT'S SALARY. DECISIONS REGARDING THE PRESIDENT'S SALARY ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE EXECUTIVE/COMPENSATION COMMITTEE AND BOARD OF TRUSTEES. COMPARABILITY DATA IS USED TO AID IN THE DETERMINATION OF HIRING SALARIES AS WELL AS ON-GOING ADJUSTMENTS. SALARY REVIEWS AND ADJUSTMENTS FOR ALL EMPLOYEES, EXCLUDING THE PRESIDENT, ARE PERFORMED PERIODICALLY BY SUPERVISORS. RECOMMENDATIONS ARE REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES, THE BUDGET DIRECTOR, AND THE DIVISIONAL VICE PRESIDENT. SALARY ADJUSTMENTS ARE APPROVED BY THE VICE PRESIDENT FOR FINANCE & TREASURER OR THE PRESIDENT. THE LAST SUCH SALARY REVIEW TOOK PLACE IN JULY 2013 FOR STAFF AND SALARY AND IN OCTOBER 2013 FOR THE PRESIDENT'S SALARY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | HOOD COLLEGE MAINTAINS A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, A COPY OF THE 990 IS AVAILABLE FOR REVIEW ON THE WEBSITE WWW.GUIDESTAR.ORG. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -215,034. CHANGE IN VALUE OF SWAP AGREEMENTS 347,829. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD COLLEGE FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT STREET | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521961144 | EIN |
| Primary Activities | SUPPORT OF HOOD COLLEGE | PrimaryActivities |
| Legal Domicile State | MD | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 11A, I | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD COLLEGE LP | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 ROSEMONT AVENUE | AddressLine1 |
| City | FREDERICK | City |
| State | MD | State |
| ZIP Code | 21701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521969014 | EIN |
| Primary Activity | INVESTING | PrimaryActivity |
| Legal Domicile State | MD | LegalDomicileState |
| Predominant Income Type | INVESTMENT | PredominantIncomeType |
| Share Of Total Income | -297 | ShareOfTotalIncome |
| Disproportionate Allocations | 0 | DisproportionateAllocations |
| General Or Managing Partner | 1 | GeneralOrManagingPartner |
| Percentage Ownership | 0.99000 | PercentageOwnership |
| 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 | 0 | 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 | 0 | 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 |