MOREHOUSE COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MOREHOUSE COLLEGE (EIN 58-0566205)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-14
- IRS object ID
- 201301349349302120
- Schema version
- 2011v1.5
- 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 C
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-14T09:53:35-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 North Greene Street Suite 400 | AddressLine1 |
| City | Greensboro | City |
| State | NC | State |
| ZIP Code | 27401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580566205 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOREHOUSE COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % MS SHEILA JACOBS VP BUS & | InCareOfName |
| Name Control | MORE | NameControl |
| Phone | 4046812800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 830 WESTVIEW DRIVE SW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30314 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SHEILA JACOBS | Name |
| Title | INTERIM VP BUSINESS & FINANCE | Title |
| Date Signed | 2013-05-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3362753394 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DR ROBERT FRANKLIN PRESIDENT | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 830 WESTVIEW DRIVE SW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30314 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 197611224 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MOREHOUSE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1867 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | MOREHOUSE COLLEGE'S MISSION IS TO DEVELOP MEN WITH DISCIPLINED MINDS WHO WILL LEAD LIVES OF LEADERSHIP AND SERVICE. IN ADDITION, IT ASSUMES SPECIAL RESPONSIBILITY FOR TEACHING THE HISTORY OF BLACK PEOPLE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1414 | TotalNbrEmployees |
| Total Nbr Volunteers | 35 | TotalNbrVolunteers |
| Total Gross UBI | -197912 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -201162 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 24147736 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 27622628 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 53891886 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 54248058 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5568836 | InvestmentIncomePriorYear |
| Investment Income Current Year | 9357115 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 21148144 | OtherRevenuePriorYear |
| Other Revenue Current Year | 22124164 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 104756602 | TotalRevenuePriorYear |
| Total Revenue Current Year | 113351965 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 22134812 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 24337364 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 45642347 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 45993692 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 23484 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 26720 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3548431 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 49918720 | OtherExpensePriorYear |
| Other Expenses Current Year | 45394547 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 117719363 | TotalExpensesPriorYear |
| Total Expenses Current Year | 115752323 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -12962761 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2400358 | RevenuesLessExpensesCY |
| Total Assets BOY | 323371854 | TotalAssetsBOY |
| Total Assets EOY | 307907235 | TotalAssetsEOY |
| Total Liabilities BOY | 84239770 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 79353238 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 239132084 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 228553997 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF MOREHOUSE COLLEGE IS TO DEVELOP MEN WITH DISCIPLINED MINDS WHO WILL LEAD LIVES OF LEADERSHIP AND SERVICE. A PRIVATE HISTORICALLY BLACK LIBERAL ARTS COLLEGE FOR MEN, MOREHOUSE REALIZES THIS MISSION BY EMPHASIZING THE INTELLECTUAL AND CHARACTER DEVELOPMENT OF ITS STUDENTS. IN ADDITION, THE COLLEGE ASSUMES SPECIAL RESPONSIBILITY FOR TEACHING THE HISTORY AND CULTURE OF BLACK PEOPLE. FOUNDED IN 1867 AND LOCATED IN ATLANTA, GEORGIA, MOREHOUSE IS AN ACADEMIC COMMUNITY DEDICATED TO TEACHING, SCHOLARSHIP, AND SERVICE, AND THE CONTINUING SEARCH FOR TRUTH AS A LIBERATING FORCE. AS SUCH, THE COLLEGE OFFERS INSTRUCTIONAL PROGRAMS IN THREE DIVISIONS - BUSINESS AND ECONOMICS, HUMANITIES AND SOCIAL SCIENCES, AND SCIENCE AND MATHEMATICS - AS WELL AS EXTRACURRICULAR ACTIVITIES THAT: 1. DEVELOP SKILLS IN ORAL AND WRITTEN COMMUNICATIONS, ANALYTICAL AND CRITICAL THINKING, AND INTERPERSONAL RELATIONSHIPS; 2. FOSTER AN UNDERSTANDING AND APPRECIATION OF WORLD CULTURES, ARTISTIC AND CREATIVE EXP | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 48505842 | Expense |
| Revenue | 54248058 | Revenue |
| Description | PROVIDING HIGHER EDUCATION TO STUDENTS UNDER A DEGREE PROGRAM. INSTRUCTION TO OVER 2,500 UNDERGRADUATE STUDENTS IN CURRICULA SUCH AS EDUCATION, SCIENCES, HUMANITIES, AND MATH. THE COLLEGE PROVIDES ITS STUDENTS WITH THE HIGHEST QUALITY OF EDUCATION IN AN ACADEMICALLY PROGRESSIVE ENVIRONMENT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 24337364 | Expense |
| Grants | 24337364 | Grants |
| Description | PROVIDING SCHOLARSHIPS TO DESERVING STUDENTS. THOUGH STUDENT AID, THE COLLEGE OFFERS SUPPORT IN THE FORM OF SCHOLARSHIPS, GRANTS, LOANS, AND WORK STUDY TO STUDENTS BASED ON FINANCIAL NEED TO ALLOW STUDENTS A COLLEGE EDUCATION WHO MAY NOT OTHERWISE BE ABLE TO ATTEND. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7224601 | Expense |
| Description | CONDUCTING RESEARCH AND OTHER ACADEMIC PROGRAMS FOR THE BENEFIT OF ITS STUDENT BODY AND THE GENERAL PUBLIC. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 80067807 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | true | InvestTaxExemptBonds |
| Escrow Account | true | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | true | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 623 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1414 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MS SHEILA JACOBS VP BUS | NamePerson |
| Telephone Number | 4046812800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 830 WESTVIEW DR SW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30314 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (55 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| DR ROBERT FRANKLIN | |||||||
| PRESIDENT | 40.0 | X | X | 338000 | 0 | 70605 | |
| MRS BILLYE AARON | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR CHARLES G ADAMS | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR BENJAMIN A BLACKBURN | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR DAN T CATHY | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR WILLIE J DAVIS | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR BORIS DOBRIJEVIC | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR J ALEXANDER M DOUGLAS JR | |||||||
| TRUSTEE | 1.0 | X | |||||
| JUDGE JEROME FARRIS | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR MICHAEL GATEWOOD | |||||||
| TRUSTEE | 1.0 | X | |||||
| GENERAL JAMES R HALL | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR MICHAEL HODGE | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR KEITH HOWARD | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR CHARLES H JAMES III | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR MAE C JEMISON | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR DALE E JONES | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR DONALD R KNAUSS | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR MICHAEL LAWSON | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR WILLIAM M LEWIS JR | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR BRYANT MARKS | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR STRIVE MASIYIWA | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR CHARLES D MOODY | |||||||
| TRUSTEE | 1.0 | X | |||||
| REV DR OTIS MOSS JR | |||||||
| TRUSTEE | 1.0 | X | |||||
| REV OTIS MOSS III | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR CLINTON L STEVENSON | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR JOHN L THORNTON | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR RALPH DE LA VEGA | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR JOHN A WALLACE | |||||||
| TRUSTEE | 1.0 | X | |||||
| DR DORTHY COWSER YANCY | |||||||
| TRUSTEE | 1.0 | X | |||||
| AMBASSADOR ANDREW YOUNG | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR ANRE WASHINGTON | |||||||
| TRUSTEE | 1.0 | X | |||||
| MR ROBERT C DAVIDSON JR | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||
| MR ROBERT J LEVIN | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||
| MR KEVIN MCGEE | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||
| MR JIM MOSS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||
| MR AVERY MUNNINGS | |||||||
| TRUSTEE | 1.0 | X | 0 | 0 | |||
| WELDON JACKSON | |||||||
| SR. VP ACADEMIC AFFAIRS | 40.0 | X | 224540 | 0 | 16458 | ||
| DIANE ALEXANDER | |||||||
| AVP INFORMATION TECHNOLOGY | 40.0 | X | 115525 | 0 | 12616 | ||
| PHILLIP HOWARD | |||||||
| VP, OFFICE INST. ADVANCEMENT | 40.0 | X | 160518 | 0 | 16896 | ||
| WILLIS SHEFTALL | |||||||
| INTERIM PROVOST/SR VP ACADEMIC | 40.0 | X | 156045 | 0 | 16503 | ||
| WILLIAM BYNUM | |||||||
| VP STUDENT SERVICES | 40.0 | X | 160080 | 0 | 16969 | ||
| ANDRE BERTRAND | |||||||
| VP CAMPUS OPERATIONS | 40.0 | X | 160000 | 0 | 16961 | ||
| ROBYN CRITTENDEN | |||||||
| GENERAL COUNSEL | 40.0 | X | 160000 | 0 | 16961 | ||
| SHEILA JACOBS | |||||||
| INTERIM VP BUS. AND FIN./CFO | 40.0 | X | 140000 | 0 | 15007 | ||
| RALPH JOHNSON | |||||||
| AVP/CHIEF PROCUREMENT OFFICER | 40.0 | X | 130000 | 14030 | |||
| RUBYE BYRD | |||||||
| AVP ACADEMIC AFFAIRS | 40.0 | X | 124033 | 13446 | |||
| RENARDO HALL | |||||||
| AVP/DEAN OF MEN | 40.0 | X | 105000 | 11588 | |||
| PAMELA WESTON | |||||||
| AVP HUMAN RESOURCES | 40.0 | X | 115000 | 12565 | |||
| ANN WATTS | |||||||
| AVP ACADEMIC AFFAIRS | 40.0 | X | 124033 | 13375 | |||
| GWENDOLYN SYKES | |||||||
| VP BUSINESS & FINANCE/CFO | 40.0 | X | 200286 | 20901 | |||
| JOHN WILLIAMS | |||||||
| PROFESSOR | 40.0 | 168146 | 0 | 17685 | X | ||
| JOHN HAYNES | |||||||
| PROFESSOR | 40.0 | 143638 | 0 | 15243 | X | ||
| JOHN HALL | |||||||
| PROFESSOR | 40.0 | 123961 | 13368 | X | |||
| TEHERAN MILLS | |||||||
| DEAN RESEARCH & SPONSORED PRG | 40.0 | 118500 | 12907 | X | |||
| KATHELEEN JOHNSON | |||||||
| EXEC ASST TO PRESIDENT | 40.0 | 130268 | 13984 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3097573 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 358068 | TotalOtherCompensation |
| Number Individuals GT100 K | 27 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GEORGIA POWER COMPANY | |||||
| 805B RALPH DAVID ABERNATHY BLVD | ATLANTA | GA | 30310 | UTILITIES | 1859541 |
| FOLLETT HIGHER EDUCATION GROUP | |||||
| BOOK STORE 598 830 WESTVIEW DRIVE | ATLANTA | GA | 30314 | BOOKSTORE | 1327781 |
| GCA EDUCATION SERVICES INC | |||||
| 1350 EUCLID AVE STE 1500 | CLEVELAND | OH | 44115 | JANITORIAL SERVICES | 1226217 |
| SKINNER DEVELOPMENT INC | |||||
| 5028 GOLF LINK COURT | STONE MOUNTAIN | GA | 30088 | CONSTRUCTION | 1041599 |
| SODEXO OPERATIONS LLC | |||||
| PO BOX 905374 | CHARLOTTE | NC | 28290 | FOOD SERVICES | 4411972 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 43 | NumberOfContractorsGT100K |
| Fundraising Events | 385529 | FundraisingEvents |
| Government Grants | 16346763 | GovernmentGrants |
| All Other Contributions | 10890336 | AllOtherContributions |
| Noncash Contributions | 109508 | NoncashContributions |
| Total Contributions | 27622628 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 54248058 | TotalRevenueColumn |
| Related Or Exempt Function Income | 54248058 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 54248058 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1337340 | TotalRevenueColumn |
| Unrelated Business Revenue | -197912 | UnrelatedBusinessRevenue |
| Exclusion | $1,535,252 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 91900428 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 83880653 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8019775 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8019775 | TotalRevenueColumn |
| Exclusion | $8,019,775 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 26300 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 385529 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 378606 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -352306 | TotalRevenueColumn |
| Exclusion | -$352,306 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| AUXILIARY SERVICES | 900099 | 19877645 | 19877645 | |
| OTHER INCOME | 900099 | 2598825 | $2,598,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 22476470 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 113351965 | TotalRevenueColumn |
| Related Or Exempt Function Income | 74125703 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -197912 | UnrelatedBusinessRevenue |
| Exclusion | $11,801,546 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24337364 | Total |
| Program Services | 24337364 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1298663 | Total |
| Program Services | 544620 | ProgramServices |
| Management And General | 754043 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32920933 | Total |
| Program Services | 24601933 | ProgramServices |
| Management And General | 6593412 | ManagementAndGeneral |
| Fundraising | 1725588 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1384919 | Total |
| Program Services | 1024840 | ProgramServices |
| Management And General | 290833 | ManagementAndGeneral |
| Fundraising | 69246 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7947245 | Total |
| Program Services | 2488666 | ProgramServices |
| Management And General | 5257862 | ManagementAndGeneral |
| Fundraising | 200717 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2441932 | Total |
| Program Services | 764687 | ProgramServices |
| Management And General | 1615571 | ManagementAndGeneral |
| Fundraising | 61674 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 187485 | Total |
| Management And General | 187485 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 392400 | Total |
| Program Services | 125 | ProgramServices |
| Management And General | 392275 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53363 | Total |
| Management And General | 53363 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26720 | Total |
| Fundraising | 26720 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 827150 | Total |
| Management And General | 827150 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 198773 | Total |
| Program Services | 35063 | ProgramServices |
| Management And General | 85273 | ManagementAndGeneral |
| Fundraising | 78437 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3621741 | Total |
| Program Services | 2590458 | ProgramServices |
| Management And General | 772201 | ManagementAndGeneral |
| Fundraising | 259082 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184579 | Total |
| Program Services | 22917 | ProgramServices |
| Management And General | 161662 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4902414 | Total |
| Program Services | 3691656 | ProgramServices |
| Management And General | 1210758 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3092693 | Total |
| Program Services | 2359021 | ProgramServices |
| Management And General | 534316 | ManagementAndGeneral |
| Fundraising | 199356 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31026 | Total |
| Program Services | 5502 | ProgramServices |
| Management And General | 9312 | ManagementAndGeneral |
| Fundraising | 16212 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2141762 | Total |
| Management And General | 2141762 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4784087 | Total |
| Program Services | 4033 | ProgramServices |
| Management And General | 4780054 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1006333 | Total |
| Program Services | 3917 | ProgramServices |
| Management And General | 1002416 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROFESSIONAL FEES | 6425976 | 2728363 | 3146359 | 551254 |
| FOOD SERVICE | 4578009 | 4464284 | 36637 | 77088 |
| EQUIP RENTAL AND MAINTENANCE | 3401902 | 1836402 | 1378379 | 187121 |
| UNIVERSITY CENTER EXPENSES | 3005593 | 2753144 | 252449 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6559261 | Total |
| Program Services | 5810812 | ProgramServices |
| Management And General | 652513 | ManagementAndGeneral |
| Fundraising | 95936 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115752323 | Total |
| Program Services | 80067807 | ProgramServices |
| Management And General | 32136085 | ManagementAndGeneral |
| Fundraising | 3548431 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12684587 | BOY |
| EOY | 5147361 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5461300 | BOY |
| EOY | 7155546 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4873273 | BOY |
| EOY | 5610557 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2548839 | BOY |
| EOY | 2394845 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1195341 | BOY |
| EOY | 1323841 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 228103556 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 75425710 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 154546295 | BOY |
| EOY | 152677846 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53820722 | BOY |
| EOY | 37731591 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88241497 | BOY |
| EOY | 95865648 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 323371854 | BOY |
| EOY | 307907235 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10728138 | BOY |
| EOY | 9209334 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3478699 | BOY |
| EOY | 2963283 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49992008 | BOY |
| EOY | 47978249 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18515875 | BOY |
| EOY | 17625148 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1525050 | BOY |
| EOY | 1577224 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84239770 | BOY |
| EOY | 79353238 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95116238 | BOY |
| EOY | 87617594 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75867413 | BOY |
| EOY | 71393264 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68148433 | BOY |
| EOY | 69543139 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 239132084 | BOY |
| EOY | 228553997 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 323371854 | BOY |
| EOY | 307907235 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2400358 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -8177729 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $53,363 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Total Lobbying Expenditures IIB | 53363 | TotalLobbyingExpendituresIIB |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LOBBYING | Identifier |
| Return Reference | SCHEDULE C, PART II-B, LINE 1G | ReturnReference |
| Explanation | THE ORGANIZATION HIRED A CONSULTANT, MWW GROUP INC, WHICH LOBBIES THE FEDERAL GOVERNMENT AND GEORGIA LEGISLATURE ON VARIOUS LEGISLATIVE INITIATIVES AND GRANTS. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets In Part X | 2486265 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 139825050 | BeginningOfYearBalance |
| Contributions | 1539405 | Contributions |
| Investment Earnings Or Losses | -5037841 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5795910 | GrantsOrScholarships |
| Other Expenditures | 1098246 | OtherExpenditures |
| End Of Year Balance | 129432458 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 120125728 | BeginningOfYearBalance |
| Contributions | 1319901 | Contributions |
| Investment Earnings Or Losses | 25292733 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5724293 | GrantsOrScholarships |
| Other Expenditures | 1189019 | OtherExpenditures |
| End Of Year Balance | 139825050 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 90311481 | BeginningOfYearBalance |
| Contributions | 6598264 | Contributions |
| Investment Earnings Or Losses | 28634604 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5418621 | GrantsOrScholarships |
| End Of Year Balance | 120125728 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 116094870 | BeginningOfYearBalance |
| Contributions | 1504669 | Contributions |
| Investment Earnings Or Losses | -21179659 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6108399 | GrantsOrScholarships |
| End Of Year Balance | 90311481 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.07950 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.52680 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.39370 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20532387 | OtherCostOrOtherBasis |
| Book Value | 20532387 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 169085121 | OtherCostOrOtherBasis |
| Depreciation | 62249221 | Depreciation |
| Book Value | 106835900 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38486048 | OtherCostOrOtherBasis |
| Depreciation | 13176489 | Depreciation |
| Book Value | 25309559 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 152677846 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| PRIVATE EQUITY FUNDS | 31562227 | F |
| REAL ASSET FUNDS | 7823509 | F |
| COMMINGLED FUNDS | 7458707 | F |
| HEDGE FUNDS | 17207072 | F |
| HIGH YIELD TRUST FUNDS | 14804064 | F |
| CASH AND CASH EQUIVALENTS | 17010069 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 95865648 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ASSET RETIREMENT OBLIGATIONS | Description |
| Amount | $1,577,224 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1577224 | TotalOfAmounts |
| Total Revenue | 113351965 | TotalRevenue |
| Total Expenses | 115752323 | TotalExpenses |
| Excess Or Deficit For Year | -2400358 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -8177729 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -8177729 | TotalAdjustments |
| Excess Or Deficit Per FS | -10578087 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 80836872 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -8177729 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -8177729 | RevenueNotRptdF990 |
| Revenue Subtotal | 89014601 | RevenueSubtotal |
| Other Revenues Not Included | 24337364 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 24337364 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 113351965 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 91414959 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 91414959 | ExpensesSubtotal |
| Other Expenses Not Included | 24337364 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 24337364 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 115752323 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ART COLLECTIONS | SCHEDULE D, PART III, LINE 4 | MAINTAINING AN ART COLLECTION BY THE ORGANIZATION SERVES COLLEGE, COMMUNITY, STATE, AND NATIONAL AUDIENCES BY COLLECTING, PRESERVING, PRESENTING, AND INTERPRETING THE WORK OF ARTISTS. THE ORGANIZATION ENCOURAGES AESTHETIC AND CRITICAL AWARENESS BY ENGAGING IN RESEARCH, SCHOLARSHIP, AND COMMUNITY OUTREACH, AND THE DEVELOPMENT OF PUBLICATIONS, EXHIBITIONS, AND EDUCATION PROGRAMS. THROUGH THESE VARIED ACTIVITIES, THE ART COLLECTION PROVIDES A FORUM FOR ART, ARTISTS, AND AUDIENCES WHICH ENHANCES THE LIFE OF THE ORGANIZATION AND COMMUNITY AND BRINGS NATIONAL ATTENTION TO THE ORGANIZATION. |
| ENDOWMENT FUND USES | SCHEDULE D, PART V | The College follows the provisions of ASC Subtopic 958-205, Presentation of Financial Statements relative to its endowment. The College has interpreted the Uniform Prudent Management of Institutional Funds Act (UPMIFA or the Act), as adopted in Georgia, as providing among other things, expanded flexibility by allowing the College, subject to a standard of prudence, to spend from an endowment fund without regard to the book value of the corpus of the fund. This flexibility under UPMIFA allows an expenditure that reduces the book value of the corpus of an endowment fund below its book value, which was previously not allowed. THE CURRENT SPENDING POLICY USED FOR THE ENDOWMENT FUND IS UP TO 5% OF THE ENDING BALANCE IN THE FUND, MEASURED ON THE LAST DAY OF THE PRIOR THREE FISCAL YEARS. THE ENDOWMENT FUND SPENDING IS USED AT THE DISCRETION OF THE BOARD OF TRUSTEES TO FURTHER THE ORGANIZATION'S MISSION. |
| ASC 740 DISCLOSURE | SCHEDULE D, PART X | The College is recognized as an organization exempt from federal income taxes under Section 501(a) of the Internal Revenue Code (the Code) as an organization described in Section 501(c)(3) whereby only unrelated business income, as defined by Section 512(a) of the Code, is subject to federal income tax. The College's management has reviewed its tax positions and determined that it does not have material uncertain tax positions that should be reflected in the financial statements for 2012. |
| OTHER RECONCILING ITEMS | SCHEDULE D, PART XII, LINE 4B AND PART XIII, LINE 4B | STUDENT AID $24,337,364 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| RACIALLY NONDISCRIMINATORY POLICY | SCHEDULE E, LINE 3 | MOREHOUSE COLLEGE PUBLISHES ITS NONDISCRIMINATORY POLICIES IN NUMEROUS DOCUMENTS OF THE COLLEGE INCLUDING THE SCHOOL CATALOG, STUDENT HANDBOOK REGISTRATION POSTERS, AND NEWSPAPER ADVERTISEMENTS. |
| FINANCIAL ASSISTANCE FROM A GOVERNMENT AGENCY | SCHEDULE E, LINE 6A | STUDENTS RECEIVED $5,437,705 FROM THE FEDERAL PELL GRANT PROGRAM AND $36,281,705 FROM THE FEDERAL DIRECT STUDENT LOAN PROGRAM FOR THE CURRENT FISCAL YEAR. IN ADDITION, VARIOUS FEDERAL, STATE AND LOCAL GRANTS HAVE BEEN RECEIVED TO SUPPORT THE PROGRAMS OF MOREHOUSE COLLEGE. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | RH BOLTON | NameOfIndividual |
| Activity | GALA CONSULTANT | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 411829 | GrossReceipts |
| Amount Retained By Contractor | 26720 | AmountRetainedByContractor |
| Net To Organization | 385109 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 411829 | TotalGrossReceipts |
| Total Retained By Contractors | 26720 | TotalRetainedByContractors |
| Total Net To Organization | 385109 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CANDLE GALA | NameOfEvent1 |
| Gross Receipts Event1 | 411829 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 385529 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 26300 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 158014 | RentFacilityCostsEvent1 |
| Other Direct Expenses Event1 | 220592 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 411829 | GrossReceiptsTotal |
| Charitable Contributions Total | 385529 | CharitableContributionsTotal |
| Gross Revenue Total Events | 26300 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 158014 | RentFacilityCostsTotalEvents |
| Other Direct Expenses Total Events | 220592 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 378606 | DirectExpenseSummaryEvents |
| Net Income Summary | -352306 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND STUDENT AID | TypeOfGrant |
| Number Of Recipients | 1482 | NumberOfRecipients |
| Amount Of Cash Grant | 24337364 | AmountOfCashGrant |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | GRANT SUBSTANTIATION | Identifier |
| Return Reference | SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | THE ORGANIZATION FOLLOWS FEDERAL, STATE AND INSTITUTIONAL GUIDELINES AND METHODOLOGIES FOR DETERMINING ELIGIBILITY AND AWARDING OF NEED-BASED FINANCIAL AID. FOR MERIT-BASED GRANTS, THE ORGANIZATION AWARDS THE GRANTS IN COMPLIANCE WITH THE STIPULATIONS OF THE UNDERLYING GOVERNING INSTRUMENT (I.E. DONOR ENDOWMENT AGREEMENTS, AND OTHER DONOR DOCUMENTATION). THE ORGANIZATION MAINTAINS DETAILED RECORDS OF COMPLIANCE FOR ALL GRANTS DISPERSED. Assistance to Morehouse College students in the form of scholarships are awarded for the purpose of aiding with the cost of attending the university, i.e. for tuition, housing, and meals. Scholarships are based on academic achievement, need, and other donor requirements such as location of residence. Morehouse College has criteria for the eligibility requirements needed to award a scholarship. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (11 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR ROBERT FRANKLIN | |||||||||||||
| 338000 | 0 | 0 | 0 | 0 | 0 | 20280 | 0 | 50325 | 0 | 408605 | 0 | 0 | 0 |
| WELDON JACKSON | |||||||||||||
| 224540 | 0 | 0 | 0 | 0 | 0 | 6736 | 0 | 9722 | 0 | 240998 | 0 | 0 | 0 |
| JOHN WILLIAMS | |||||||||||||
| 168146 | 0 | 0 | 0 | 0 | 0 | 10089 | 0 | 7596 | 0 | 185831 | 0 | 0 | 0 |
| PHILLIP HOWARD | |||||||||||||
| 160518 | 0 | 0 | 0 | 0 | 0 | 9631 | 0 | 7265 | 0 | 177414 | 0 | 0 | 0 |
| WILLIS SHEFTALL | |||||||||||||
| 156045 | 0 | 0 | 0 | 0 | 0 | 9363 | 0 | 7140 | 0 | 172548 | 0 | 0 | 0 |
| WILLIAM BYNUM | |||||||||||||
| 160080 | 0 | 0 | 0 | 0 | 0 | 9605 | 0 | 7364 | 0 | 177049 | 0 | 0 | 0 |
| JOHN HAYNES | |||||||||||||
| 143638 | 0 | 0 | 0 | 0 | 0 | 8618 | 0 | 6625 | 0 | 158881 | 0 | 0 | 0 |
| ANDRE BERTRAND | |||||||||||||
| 160000 | 0 | 0 | 0 | 0 | 0 | 9600 | 0 | 7361 | 0 | 176961 | 0 | 0 | 0 |
| ROBYN CRITTENDEN | |||||||||||||
| 160000 | 0 | 0 | 0 | 0 | 0 | 9600 | 0 | 7361 | 0 | 176961 | 0 | 0 | 0 |
| SHEILA JACOBS | |||||||||||||
| 140000 | 0 | 0 | 0 | 0 | 0 | 8400 | 0 | 6607 | 0 | 155007 | 0 | 0 | 0 |
| GWENDOLYN SYKES | |||||||||||||
| 200286 | 0 | 0 | 12017 | 8884 | 221187 | ||||||||
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CERTAIN BENEFITS PROVIDED | SCHEDULE J, PART I, LINE 1 | A HOUSE IS PROVIDED TO THE PRESIDENT, AT THE CONVENIENCE OF THE EMPLOYER AS A CONDITION OF EMPLOYMENT. THE ESTIMTED VALUE WAS NOT INCLUDED IN TAXABLE INCOME. |
| COMPENSATION OF THE TOP MANAGEMENT OFFICIAL | SCHEDULE J, PART I, LINE 3 | PRESIDENT/CEO'S COMPENSATION 1. ANNUALLY THE PRESIDENT ESTABLISHES HIS PERFORMANCE GOALS IN CONSULTATION WITH THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES. 2. ANNUALLY THE PRESIDENT REVIEWS HIS PROGRESS ON THOSE GOALS WITH THE COMPENSATION COMMITTEE WHO DOCUMENTS A PERFORMANCE REVIEW WITH THE PRESIDENT. 3. PERIODICALLY, THE COMPENSATION COMMITTEE PERFORMS A COMPARATIVE REVIEW OF THE PRESIDENT'S COMPENSATION AGAINST THE ORGANIZATION'S PEER INSTITUTIONS. 4. PERIODICALLY AND IN CERTAIN CASES (I.E. THE ARRIVAL OF A NEW PRESIDENT), AN OUTSIDE COMPENSATION CONSULTANT MAY ADVISE THE COMPENSATION COMMITTEE ON PRESIDENTIAL COMPENSATION. 5. BASED ON THE ABOVE, THE COMPENSATION COMMITTEE ESTABLISHES THE PRESIDENT'S COMPENSATION FOR THE FOLLOWING YEAR. 6. THE COMPENSATION COMMITTEE DOCUMENTS THE REASONS FOR ESTABLISHING THE NEW COMPENSATION AMOUNT. 7. THE COMPENSATION COMMITTEE THEN RENEWS THE PRESIDENT'S CONTRACT FOR AN ADDITIONAL TERM AT THE NEW COMPENSATION LEVEL. |
| SUPPLEMENTAL NONQUALIFIED PLAN | SCHEDULE J, PART I, LINE 4 | THE ORGANIZATION HAS A 457(B) DEFERRED COMPENSATION PLAN, LIMITED TO MANAGEMENT OR HIGHLY COMPENSATED EMPLOYEES. PURSUANT TO THE SCHEDULE J INSTRUCTIONS THE LINE IS MARKED "NO". THE DEFERRED COMPENSATION IS INVESTED WITH TIAA-CREF AND IS CONSIDERED THE ORGANIZATION'S PROPERTY UNTIL THE EMPLOYEE WITHDRAWS THE FUNDS. THE NON-VESTED AMOUNTS ARE INCLUDED IN THE DEFERRED COMPENSATION OF THE EMPLOYEE AND THE FOLLOWING INDIVIDUAL RECEIVED PAYMENTS ASSOCIATED WITH THE PLAN: ROBERT FRANKLIN. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEVELOPMENT AUTHORITY OF FULTON COUNTY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 581506878 | IssuerEIN |
| CUSIP Number | 000359900 | CUSIPNumber |
| Date Issued | 2007-05-31 | DateIssued |
| Issue Price | 45300000 | IssuePrice |
| Description Of Purpose | REFUND BONDS AND CONSTRUCTION | DescriptionOfPurpose |
| Defeased | true | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 6644982 | AmountRetired |
| Amount Bond Defeased | 15370210 | AmountBondDefeased |
| Total Proceeds | 45649186 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 1048295 | CapitalizedInterest |
| Refunding Escrow | 22015192 | RefundingEscrow |
| Issuance Costs From Proceeds | 410649 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 22175049 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART II, LINE 3 | Identifier |
| Return Reference | 0 | ReturnReference |
| Explanation | THE PART I, COLUMN (E) ISSUE PRICE DOES NOT AGREE WITH THE PART II, LINE 3 TOTAL PROCEEDS OF ISSUE DUE TO THE INCLUSION OF INTEREST AND OTHER INVESTMENT EARNINGS ON THE PROCEEDS. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 6 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 109508 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | USE OF THIRD PARTIES | Identifier |
| Return Reference | SCHEDULE M, PART I, LINE 32 | ReturnReference |
| Explanation | WHEN WORKS OF ART ARE RECEIVED, THE ORGANIZATION UTILIZES AN INDEPENDENT APPRAISER TO DETERMINE THE FAIR MARKET VALUE. THE ORGANIZATION USES THIRD PARTY BROKERS TO PROCESS AND/OR SELL DONATED SECURITIES. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| AUDITED FINANCIAL STATEMENT | FORM 990, PART IV, LINE 12 AND PART XI LINES 2 AND 3 | THE ORGANIZATION RECEIVES AN ANNUAL FINANCIAL STATEMENTS AUDIT, IN ACCORDANCE WITH GAAP, REVIEWED BY AN INDEPENDENT AUDITOR. ADDITIONALLY, AN AUDIT AS SET FORTH IN THE SINGLE AUDIT ACT AND OMB CIRCULAR A-133 HAS BEEN CONDUCTED AS A RESULT OF A FEDERAL AWARD. |
| BOARD REVIEW OF FORM 990 | FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION'S INDEPENDENT ACCOUNTANT PREPARED THE CURRENT YEAR TAX RETURN AND THIS WAS REVIEWED PRIOR TO FILING BY THE ORGANIZATION'S MANAGEMENT AND THE AUDIT AND EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. A COPY OF THE FINALIZED FORM 990 WAS PROVIDED TO THE COMPLETE BOARD OF TRUSTEES ON A SECURED WEBSITE PRIOR TO FILING. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, SECTION B, LINE 12 | THE ORGANIZATION REQUIRES ALL BOARD MEMBERS TO CONFIRM THEY ARE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY EACH YEAR THROUGH AN AFFIRMATION OF COMPLIANCE WITH THE POLICY THROUGH EMAIL OR SOME OTHER ACCEPTABLE COMMUNICATION MEDIUM. |
| PROCESS FOR DETERMINING COMPENSATION | FORM 990, PART VI, SECTION B, LINE 15 | PRESIDENT/CEO'S COMPENSATION 1. ANNUALLY THE PRESIDENT ESTABLISHES HIS PERFORMANCE GOALS IN CONSULTATION WITH THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES. 2. ANNUALLY THE PRESIDENT REVIEWS HIS PROGRESS ON THOSE GOALS WITH THE COMPENSATION COMMITTEE WHO DOCUMENTS A PERFORMANCE REVIEW WITH THE PRESIDENT. 3. PERIODICALLY, THE COMPENSATION COMMITTEE PERFORMS A COMPARATIVE REVIEW OF THE PRESIDENT'S COMPENSATION AGAINST THE ORGANIZATION'S PEER INSTITUTIONS. 4. PERIODICALLY AND IN CERTAIN CASES (I.E. THE ARRIVAL OF A NEW PRESIDENT), AN OUTSIDE COMPENSATION CONSULTANT MAY ADVISE THE COMPENSATION COMMITTEE ON PRESIDENTIAL COMPENSATION. 5. BASED ON THE ABOVE, THE COMPENSATION COMMITTEE ESTABLISHES THE PRESIDENT'S COMPENSATION FOR THE FOLLOWING YEAR. 6. THE COMPENSATION COMMITTEE DOCUMENTS THE REASONS FOR ESTABLISHING THE NEW COMPENSATION AMOUNT. 7. THE COMPENSATION COMMITTEE THEN RENEWS THE PRESIDENT'S CONTRACT FOR AN ADDITIONAL TERM AT THE NEW COMPENSATION LEVEL. OTHER OFFICERS MOREHOUSE COLLEGE HAS A POLICY FOR REVIEW AND APPROVAL FOR OFFICER AND KEY EMPLOYEE COMPENSATION. |
| JOINT VENTURES | FORM 990, PART VI, SECTION B, LINE 16 | THE ORGANIZATION INVESTS IN PARTNERSHIPS THAT MAY BE CONSTRUED TO BE JOINT VENTURES. THE ORGANIZATION HAS ENACTED ADEQUATE SAFEGUARDS FOR ITS PARTNERSHIP INVESTMENTS TO ENSURE THAT THESE ACTIVITIES DO NOT JEOPARDIZE THE ORGANIZATION'S EXEMPT STATUS. |
| GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC | FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND ANY SUBSEQUENT AMENDMENTS) ARE AVAILABLE TO THE PUBLIC ON THE GEORGIA SECRETARY OF STATE WEBSITE. ALL RELEVANT GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. |
| OTHER CHANGES IN NET ASSETS OR FUND BALANCES | FORM 990, PART XI, LINE 5 | UNREALIZED LOSSES (8,177,729) |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOWARD THURMAN EDUCATIONAL TRUST | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 830 WESTVIEW DR STE 109-7 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30314 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 946109302 | EIN |
| Primary Activities | SUPPORT | PrimaryActivities |
| Legal Domicile State | GA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 9 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Form990 Schedule R Part VI Form990ScheduleRPartVI
Name Of Business NameOfBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STRATEGIC INTERNATIONAL EQUITY TRUST | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 19TH STREET NORTH 16TH FLOOR | AddressLine1 |
| City | ARLINGTON | City |
| State | VA | State |
| ZIP Code | 222091722 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 367045715 | EIN |
| Primary Activity | INVESTMENTS | PrimaryActivity |
| Legal Domicile State | VA | LegalDomicileState |
| Predominate Income | Excluded | PredominateIncomeDesc |
| All Partners C3 S | false | AllPartnersC3S |
| Share Of Total Income | 3486057 | ShareOfTotalIncome |
| Share Of EOY Assets | 23840202 | ShareOfEOYAssets |
| Disproportionate Allocations | false | DisproportionateAllocations |
| Code V | $0 | CodeVAmount |
| General Or Managing Partner | false | GeneralOrManagingPartner |
| Percentage Ownership | 0.17797 | PercentageOwnership |