MALONE UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MALONE UNIVERSITY (EIN 34-0737794)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2013-11-12
- IRS object ID
- 201303169349304100
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-12T12:17:01-06:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 E Main St Suite 700 | AddressLine1 |
| City | Fort Wayne | City |
| State | IN | State |
| ZIP Code | 46802 | 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 | 340737794 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALONE UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JOY E BRATHWAITE | InCareOfName |
| Name Control | MALO | NameControl |
| Phone | 3304718100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 CLEVELAND AVE NW | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | CANTON | City |
| State | OH | State |
| ZIP Code | 44709 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOY E BRATHWAITE | Name |
| Title | VP OF FINANCE & BUSINESS AFFAIRS | Title |
| Phone | 3304718100 | Phone |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Joyce A Dulworth | Name |
| Phone | 2604604000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOY E BRATHWAITE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 CLEVELAND AVE NW | AddressLine1 |
| City | CANTON | City |
| State | OH | State |
| ZIP Code | 44709 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 66227826 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MALONE.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1899 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | THE UNIVERSITY IS COMMITTED TO INTELLECTUAL ENRICHMENT IN THE CONTEXT OF CHRISTIAN FAITH. WE STRIVE TO PROVIDE AN EDUCATION THAT PRODUCES GRADUATES WITH A LOVE OF TRUTH AND VIBRANT MATURE FAITH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 32 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1430 | TotalNbrEmployees |
| Total Nbr Volunteers | 10 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2150250 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2494539 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 53133575 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 52948201 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 325415 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1585061 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 52808 | OtherRevenuePriorYear |
| Other Revenue Current Year | -144538 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 55662048 | TotalRevenuePriorYear |
| Total Revenue Current Year | 56883263 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 17474925 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19045754 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 23783715 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 22992224 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1331609 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14737200 | OtherExpensePriorYear |
| Other Expenses Current Year | 14872998 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 55995840 | TotalExpensesPriorYear |
| Total Expenses Current Year | 56910976 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -333792 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -27713 | RevenuesLessExpensesCY |
| Total Assets BOY | 74080574 | TotalAssetsBOY |
| Total Assets EOY | 73516742 | TotalAssetsEOY |
| Total Liabilities BOY | 22160568 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 20932048 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 51920006 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 52584694 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF MALONE UNIVERSITY IS TO PROVIDE STUDENTS WITH AN EDUCATION BASED ON BIBLICAL FAITH IN ORDER TO DEVELOP MEN AND WOMEN IN INTELLECTUAL MATURITY, WISDOM, AND CHRISTIAN FAITH WHO ARE COMMITTED TO SERVING THE CHURCH, COMMUNITY, AND THE WORLD. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 39076929 | Expense |
| Grants | 18646025 | Grants |
| Revenue | 44227396 | Revenue |
| Description | TRADITIONAL UNDERGRADUATE - MALONE'S CHRISTIAN LIBERAL ARTS APPROACH IS WIDELY RECOGNIZED TODAY AS PRODUCING EXCEPTIONAL GRADUATES PREPARED FOR ALL ASPECTS OF LIFE. OUR INTENT IS THAT STUDENTS ATTAIN THE WISDOM, KNOWLEDGE, AND SKILLS NECESSARY TO SERVE, ENGAGE, AND TRANSFORM THE COMMUNITIES IN WHICH THEY LIVE AND WORK. UNDERGRADUATE EDUCATIONAL GOALS ARE: (1) UNDERSTAND AND CRITICALLY ENGAGE THOSE BODIES OF KNOWLEDGE AND CULTURAL INFLUENCES THAT HAVE SHAPED THE WORLD; (2) UNDERSTAND THE BIBLICAL, HISTORICAL, AND THEOLOGICAL FOUNDATIONS OF THE CHRISTIAN FAITH; (3) THINK CRITICALLY AND CREATIVELY AND COMMUNICATE EFFECTIVELY IN MULTIPLE CONTEXTS; (4) ATTAIN EXPERTISE IN AT LEAST ONE PROFESSION OR ACADEMIC DISCIPLINE AND LAY THE FOUNDATION FOR MEANINGFUL WORK OR FURTHER STUDIES AT THE GRADUATE LEVEL; AND (5)EXPLORE THE IMPLICATION OF THE CHRISTIAN FAITH FOR ALL AREAS OF LIVING, INCLUDING INTELLECTUAL, SPIRITUAL, AND COMMUNITY PURSUITS. THE UNIVERSITY IS COMPRISED OF ONE COLLEGE AND THREE SCHOOLS, OFFERING 9 BACHELOR OF SCIENCE AND 39 BACHELOR OF ARTS MAJORS. FALL 2012 TRADITIONAL UNDERGRADUATE FTE ENROLLMENT WAS 1575, WITH A STUDENT TO FACULTY RATION OF 13.3 TO 1. RESIDENT HEADCOUNT WAS 1001 AND COMMUTER HEADCOUNT WAS 912. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2298643 | Expense |
| Revenue | 3457497 | Revenue |
| Description | NON-TRADITIONAL UNDERGRADUATE: CONTINUING STUDIES - MALONE UNIVERSITY OFFERS TWO DEGREE COMPLETION OPTIONS TO ADULT LEARNERS WITH PRIOR UNDERGRADUATE COURSEWORK: MMP (MALONE MANAGEMENT PROGRAM) , AND BSNDC ( BACHELOR OF SCIENCE IN NURSING DEGREE COMPLETION). STUDENTS ARE ABLE TO COMPLETE THEIR DEGREES IN AS LITTLE AS 14 MONTHS. MMP - FIVE MAJORS ARE OFFERED: (1) ORGANIZATIONAL MANAGEMENT, PREPARES FOR ACTIVE LEADERSHIP ROLES INCORPORATE, GOVERNMENT AND NON-PROFIT ENVIRONMENTS; (2) PROJECT MANAGEMENT, MANAGE THE PEOPLE, RESOURCES, SCHEDULES AND PLANS TO COMPLETE PROJECTS ON TIME AND ON BUDGET; (3) HEALTH SERVICE MANAGEMENT, GAIN AN IN-DEPTH UNDERSTANDING OF HEALTH CARE SYSTEMS, LEGAL ISSUES RELATED TO CARE AND CONSUMER HEALTH CHOICES; (4)MARKETING MANAGEMENT, PURSUE CAREERS RELATED TO ADVERTISING, PROMOTIONS AND SALES; AND (5) ENVIRONMENTAL MANAGEMENT, COMBINE MANAGEMENT THEORY AND PRACTICE WITH SOCIAL RESPONSIBILITY, ECOLOGICAL AWARENESS, AND SUSTAINABILITY. FALL 2012 MMP FTE ENROLLMENT WAS 220; HEADCOUNT WAS 248. BSNDC - REGISTERED NURSES WITH A NURSING DIPLOMA OR ASSOCIATE DEGREE CAN EARN THEIR BSN DEGREE. MALONE NURSING DEGREES ARE ESTEEMED FOR PROVIDING THE KNOWLEDGE, SKILLS AND COMPASSION NEEDED TO DELIVER EXCEPTIONAL CARE AND INSPIRED LEADERSHIP. FALL 2012 BSNDC FTE ENROLLMENT WAS 27; HEADCOUNT WAS 34. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4597286 | Expense |
| Grants | 399729 | Grants |
| Revenue | 5118770 | Revenue |
| Description | GRADUATE STUDIES - MALONE UNIVERSITY HAS DEVELOPED GRADUATE PROGRAMS AND WORKSHOPS TO MEET THE NEEDS OF PROFESSIONALS DESIRING TO ADVANCE THEIR KNOWLEDGE AND SKILLS IN A FAITH-BASED ENVIRONMENT. THE FOLLOWING AREAS OF STUDY ARE OFFERED: BUSINESS (MBA), EDUCATION (MAED), NURSING (MSN), COUNSELING (MAED), THEOLOGICAL STUDIES (MATS), AND ORGANIZATIONAL LEADERSHIP (MAOL). FALL 2012 FTE GRADUATE ENROLLMENT WAS 321; HEADCOUNT WAS 475. IN ADDITION, MALONE UNIVERSITY OFFERS OPTIONS FOR EDUCATION AND BUSINESS PROFESSIONAL DEVELOPMENT THROUGH WORKSHOPS AND CERTIFICATE PROGRAMS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 45972858 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | 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 | false | ProfessionalFundraising |
| Fundraising Activities | false | 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 | false | InvestTaxExemptBonds |
| Escrow Account | false | 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 | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 87 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1430 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| 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 | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 32 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | 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 | false | 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 | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOY E BRATHWAITE | NamePerson |
| Telephone Number | 3304718100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 CLEVELAND AVENUE NW | AddressLine1 |
| City | CANTON | City |
| State | OH | State |
| ZIP Code | 44709 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (40 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| GARRY ANDERSON | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| STANLEY ANDERSON | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| MARK BENEDICT | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DANIEL CALE | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| JAMES CHARMLEY | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| H DAVID BRANDT | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| THOMAS CRAWFORD | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| CECILE FRANSMAN | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| SHU-LING SHARON KAO-HUANG | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DANIEL KORMAN | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| MICHAEL MAY | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DARLEEN MOSS | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| FRANK RAYMOND | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| GERALD SMELTZER | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| GEORGE SUTTON | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| WILLIAM THORLA | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| JOHN WILLIAMS JR | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DAVID LINTON | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| RHONDA MITCHELL | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| RODNEY NEUENSCHWANDER | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| ROBERT WAFULA | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DAVID RAWSON | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DAVID MURRAY | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| RB HOLMES JR | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DEBORAH BARTLEY | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DALE CHRYST | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| RICHARD DOUD | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DONNA MCNATT | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| EDWARD MORRIS | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| STEVEN STEER | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DAVID VAN VALKENBURG | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| STEPHEN WEINGART | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DR CHRISTOPHER ABRAMS | ||||||
| VP STUDENT DEVELOPMENT | 50.0 | 93370 | 0 | 21961 | X | |
| DR WILBERT FRIESEN | ||||||
| SR ADVISOR TO THE PRESIDENT | 50.0 | 147178 | 0 | 25566 | X | |
| MICHELLE SEARER | ||||||
| VP ENROLLMENT MGMT & MKTG | 50.0 | 45661 | 0 | 409 | X | |
| HOWARD TAYLOR | ||||||
| VP ADVANCEMENT | 50.0 | 141883 | 0 | 25130 | X | |
| JOY BRATHWAITE | ||||||
| VP FINANCE/CFO | 50.0 | 126000 | 0 | 23970 | X | |
| DR DONALD TUCKER | ||||||
| VP ACADEMICS - PROVOST | 50.0 | 124800 | 0 | 24306 | X | |
| DR DAVID KING | ||||||
| PRESIDENT | 50.0 | 230616 | 0 | 22278 | X | |
| BROCK SCHROEDER | ||||||
| VP ENROLLMENT-RESIGNED 4/1/12 | 50.0 | 31950 | 0 | 1925 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 941458 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 145545 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | 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 |
|---|---|---|---|---|---|
| AVI FOODSYSTEMS INC | |||||
| 2590 ELM ROAD NE | WARREN | OH | 444832997 | FOOD SERVICE | 2600809 |
| JENZABAR | |||||
| 1450 TECHNOLOGY DR | HARRISONBURG | VA | 22802 | ADMIN SOFTWARE | 320049 |
| AMERICAN ELECTRIC POWER | |||||
| PO BOX 24002 | CANTON | OH | 44701 | UTILITY | 779581 |
| TREE OF LIFE BOOKSTORES INC | |||||
| 4601 S WESTERN AVE | MARION | IN | 46953 | BOOKSTORE | 517132 |
| UNITED AMERICAN SECURITY | |||||
| PO BOX 4582 | CAROL STREAM | IL | 60197 | SECURITY | 260116 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
| All Other Contributions | 2494539 | AllOtherContributions |
| Noncash Contributions | 290884 | NoncashContributions |
| Total Contributions | 2494539 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION, FEES, ETC | 611710 | 44312232 | 44312232 |
| AUXILIARY REVENUE | 900099 | 8190314 | 8190314 |
| PARKING FEES | 812930 | 104818 | 104818 |
| OCP NON TUITION | 900099 | 44681 | 44681 |
| TRANSCRIPT FEES | 900099 | 23398 | 23398 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 272758 | TotalRevenueColumn |
| Related Or Exempt Function Income | 272758 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 52948201 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 466876 | TotalRevenueColumn |
| Exclusion | $466,876 | 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 Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 70737 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 70737 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 9693664 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 8575479 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1118185 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1118185 | TotalRevenueColumn |
| Exclusion | $1,118,185 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 553809 | GrossSalesOfInventory |
| Cost Of Goods Sold | 698347 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -144538 | TotalRevenueColumn |
| Related Or Exempt Function Income | -144538 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 56883263 | TotalRevenueColumn |
| Related Or Exempt Function Income | 52803663 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,585,061 | 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 | 19045754 | Total |
| Program Services | 19045754 | 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 | 1193058 | Total |
| Program Services | 429456 | ProgramServices |
| Management And General | 579936 | ManagementAndGeneral |
| Fundraising | 183666 | Fundraising |
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 | 16327094 | Total |
| Program Services | 12282140 | ProgramServices |
| Management And General | 3630781 | ManagementAndGeneral |
| Fundraising | 414173 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 609681 | Total |
| Program Services | 445856 | ProgramServices |
| Management And General | 144170 | ManagementAndGeneral |
| Fundraising | 19655 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3680488 | Total |
| Program Services | 2205939 | ProgramServices |
| Management And General | 1377305 | ManagementAndGeneral |
| Fundraising | 97244 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1181903 | Total |
| Program Services | 864318 | ProgramServices |
| Management And General | 279483 | ManagementAndGeneral |
| Fundraising | 38102 | 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 | 40616 | Total |
| Management And General | 40616 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 231362 | Total |
| Management And General | 231362 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83040 | Total |
| Management And General | 83040 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1072796 | Total |
| Program Services | 632950 | ProgramServices |
| Management And General | 330167 | ManagementAndGeneral |
| Fundraising | 109679 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1181173 | Total |
| Program Services | 894401 | ProgramServices |
| Management And General | 99257 | ManagementAndGeneral |
| Fundraising | 187515 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1257029 | Total |
| Program Services | 528227 | ProgramServices |
| Management And General | 638139 | ManagementAndGeneral |
| Fundraising | 90663 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1140506 | Total |
| Program Services | 877049 | ProgramServices |
| Management And General | 245209 | ManagementAndGeneral |
| Fundraising | 18248 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3886259 | Total |
| Program Services | 3042931 | ProgramServices |
| Management And General | 780016 | ManagementAndGeneral |
| Fundraising | 63312 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 944004 | Total |
| Program Services | 725939 | ProgramServices |
| Management And General | 218065 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 291066 | Total |
| Program Services | 94642 | ProgramServices |
| Management And General | 131654 | ManagementAndGeneral |
| Fundraising | 64770 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 169856 | Total |
| Program Services | 169856 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2958304 | Total |
| Program Services | 2463078 | ProgramServices |
| Management And General | 460925 | ManagementAndGeneral |
| Fundraising | 34301 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 319879 | Total |
| Program Services | 167000 | ProgramServices |
| Management And General | 152879 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| BAD DEBT | 86192 | 64418 | 15574 | 6200 |
| OTHER EDUCATION EXPENSE | 783272 | 736326 | 46946 | |
| BOND EXPENSE | 213880 | 213880 | ||
| MISCELLANEOUS EXPENSE | 213764 | 88698 | 120985 | 4081 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56910976 | Total |
| Program Services | 45972858 | ProgramServices |
| Management And General | 9606509 | ManagementAndGeneral |
| Fundraising | 1331609 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10135 | BOY |
| EOY | 9135 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7244495 | BOY |
| EOY | 7062749 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 366873 | BOY |
| EOY | 334086 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2196774 | BOY |
| EOY | 2044511 | 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 | 2009753 | BOY |
| EOY | 1776399 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 251256 | BOY |
| EOY | 20204 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2301722 | BOY |
| EOY | 2467617 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 83828426 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 39603639 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45523542 | BOY |
| EOY | 44224787 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13688374 | BOY |
| EOY | 15274543 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | 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 | 487650 | BOY |
| EOY | 302711 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74080574 | BOY |
| EOY | 73516742 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5089414 | BOY |
| EOY | 4317130 | 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 | 3694272 | BOY |
| EOY | 3587250 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12655000 | BOY |
| EOY | 12200000 | 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 | 449433 | BOY |
| EOY | 616294 | 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 | 272449 | BOY |
| EOY | 211374 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22160568 | BOY |
| EOY | 20932048 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31701881 | BOY |
| EOY | 31239943 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4512293 | BOY |
| EOY | 5278454 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15705832 | BOY |
| EOY | 16066297 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51920006 | BOY |
| EOY | 52584694 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 74080574 | BOY |
| EOY | 73516742 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -27713 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -32673 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 725074 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| 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 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17155644 | BeginningOfYearBalance |
| Contributions | 360465 | Contributions |
| Investment Earnings Or Losses | 1583923 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 438192 | GrantsOrScholarships |
| Other Expenditures | 341888 | OtherExpenditures |
| Administrative Expenses | 63040 | AdministrativeExpenses |
| End Of Year Balance | 18256912 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17816310 | BeginningOfYearBalance |
| Contributions | 206186 | Contributions |
| Investment Earnings Or Losses | 47348 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 535381 | GrantsOrScholarships |
| Other Expenditures | 312977 | OtherExpenditures |
| Administrative Expenses | 65842 | AdministrativeExpenses |
| End Of Year Balance | 17155644 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 15467953 | BeginningOfYearBalance |
| Contributions | 213222 | Contributions |
| Investment Earnings Or Losses | 3302902 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 760998 | GrantsOrScholarships |
| Other Expenditures | 321429 | OtherExpenditures |
| Administrative Expenses | 85340 | AdministrativeExpenses |
| End Of Year Balance | 17816310 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14223160 | BeginningOfYearBalance |
| Contributions | 49764 | Contributions |
| Investment Earnings Or Losses | 1906471 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 400729 | GrantsOrScholarships |
| Other Expenditures | 219107 | OtherExpenditures |
| Administrative Expenses | 91606 | AdministrativeExpenses |
| End Of Year Balance | 15467953 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17184094 | BeginningOfYearBalance |
| Contributions | 67607 | Contributions |
| Investment Earnings Or Losses | -2468549 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 199416 | GrantsOrScholarships |
| Other Expenditures | 276363 | OtherExpenditures |
| Administrative Expenses | 84213 | AdministrativeExpenses |
| End Of Year Balance | 14223160 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.88000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.12000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2146345 | OtherCostOrOtherBasis |
| Book Value | 2146345 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 51597819 | OtherCostOrOtherBasis |
| Depreciation | 16136354 | Depreciation |
| Book Value | 35461464 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 16555648 | OtherCostOrOtherBasis |
| Depreciation | 12976677 | Depreciation |
| Book Value | 3578971 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 13528614 | OtherCostOrOtherBasis |
| Depreciation | 10490608 | Depreciation |
| Book Value | 3038007 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 44224787 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 38510881 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -32673 | NetUnrealizedGainsInvestments |
| Other Revenues | 769085 | OtherRevenues |
| Revenue Not Rptd F990 | 736412 | RevenueNotRptdF990 |
| Revenue Subtotal | 37774469 | RevenueSubtotal |
| Investment Expenses Not Included | 63040 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 19045754 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 19108794 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 56883263 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 38571267 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 769085 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 769085 | ExpensesNotRptdF990 |
| Expenses Subtotal | 37802182 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 63040 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 19045754 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 19108794 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 56910976 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE D | PART V, LINE 4 | Malone University has a policy of appropriating for expenditure each year 5% of its invested endowment fund's average fair value over the prior three years. A diversified asset allocation is targeted that places a greater emphasis on equity-based investments. Appropriations are used primarily to fund scholarships, and for the renovation of buildings and equipment replacement. |
| SCHEDULE D | ASC 740 FOOTNOTE | Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. PART XI, LINE 2D COST OF GOOD SOLD 698,347 RENT EXPENSE 70,738 TOTAL: $769,085 PART XI, LINE 4B FINANCIAL AID $19,045,754 PART XII, LINE 2D COST OF GOOD SOLD 698,347 RENT EXPENSE 70,738 TOTAL: $769,085 PART XII, LINE 4B FINANCIAL AID $19,045,754 |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE E | Identifier |
| Explanation | QUESTION 3 THIS INFORMATION IS CARRIED IN WRITTEN FORM IN THE UNIVERSITY CATALOG, ON ALL ADMISSION DOCUMENTS AND OTHER DOCUMENTS DISEMINATED THROUGH OUT THE CAMPUS. IT IS ALSO STATED DURING RADIO BROADCASTS DURING FOOTBALL GAMES THAT ARE CARRIED LIVE. QUESTION 6A Malone University receives Federal Student Aid (FSA) funds for disbursement to currently enrolled students under the Title IV program. Qualified students may also apply for and receive financial aid through the Department of Health & Human Services, the Department of Veteran's Affairs, and the Corporation for National & Community Service (AmeriCorps). State financial aid is determined by the student's resident status. State grants (non-student) are applied for by the University based on education AND teaching programs offered. | Explanation |
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 | TypeOfGrant |
| Number Of Recipients | 3826 | NumberOfRecipients |
| Amount Of Cash Grant | 18978220 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. | Identifier |
| Return Reference | PART I, LINE 2. | ReturnReference |
| Explanation | GRANTS & SCHOLARSHIPS ARE MONITORED FOR APPROPRIATE USE BY VALIDATING REGISTRATION AND SATISFACTORY PROGRESS TOWARDS COMPLETION OF EDUCATIONAL REQUIREMENTS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR WILBERT FRIESEN | ||||||||||||||
| SR ADVISOR TO THE PRESIDENT | 147178 | 0 | 0 | 0 | 0 | 0 | 9996 | 0 | 15570 | 0 | 172744 | 0 | 0 | 0 |
| HOWARD TAYLOR | ||||||||||||||
| VP ADVANCEMENT | 141883 | 0 | 0 | 0 | 0 | 0 | 9560 | 0 | 15570 | 0 | 167013 | 0 | 0 | 0 |
| DR DAVID KING | ||||||||||||||
| PRESIDENT | 230616 | 0 | 0 | 0 | 0 | 0 | 6708 | 0 | 15570 | 0 | 252894 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | INFORMATION REGARDING BENEFTIS PROVIDED | Identifier |
| Return Reference | PART I, QUESTION 1A | ReturnReference |
| Explanation | Dr King, the organization's president, receives travel for companions and club dues in order to facilitate meetings with prospective donors. This is for business use only and is sufficiently documented. It is non-taxable. | Explanation |
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 | OHIO HIGHER EDUCATIONAL FACILITY COMMISSION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 346849674 | IssuerEIN |
| CUSIP Number | 67756AA93 | CUSIPNumber |
| Date Issued | 2007-12-20 | DateIssued |
| Issue Price | 13700000 | IssuePrice |
| Description Of Purpose | NEW RESIDENCE HALL AND ROADWAY | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 1500000 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 13700000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 141716 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 7358284 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2009 | 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) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| 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 | PrcntgePrvtBusinessUseByOthers |
| Bond Iss Meet Prvt Security Pay Test | false | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | true | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | true | Form8038TFiled |
| Variable Rate Issue | true | 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) |
|---|---|---|
| Written Proc To Monitor Reqs | true | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | false | ProcToUndertkCorrectiveAction |
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 | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 285884 | 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 |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | PIANO | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | 0 | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE M | Identifier |
| Return Reference | PART I, LINE 31 | ReturnReference |
| Explanation | USE STOCK BROKERS TO SELL GIFTS OF STOCK WITH DONATIONS SENT TO THE UNIVERSITY. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART VI, SECTION B | LINE 2A DANIEL CALE AND GEORGE SUTTON HAVE A FAMILY RELATIONSHIP. LINE 11B MALONE UNIVERSITY BOARD OF TRUSTEES REVIEWS A DRAFT OF FORM 990 EXCLUDING SCHEDULE B AND GIVES THEIR APPROVAL. A FINAL COPY OF FORM 990 EXCLUDING SCHEDULE B IS PROVIDED TO EACH BOARD MEMBER PRIOR TO SUBMISSION TO THE IRS BY THE AUDIT FIRM. LINE 12C The executive committee of the Board reviews ALL conflict of interest statements OF family AND business disclosure letters returned to Malone WHERE A CONFLICT IS DISCLOSED. The annual conflict of disclosure statements are submitted to, and reviewed by, the executive committee. In addition, the executive staff is responsible for monitoring any possible conflict transaction that arises to ensure that all transactions represent arm's length, fair market value for the benefit of the organization. QUESTION 15A COMPENSATION STUDIES FOR THE ORGANIZATION'S PRESIDENT IS RESEARCHED AND PREPARED BY THE HR DIRECTOR. THAT INFORMATION IS SUBMITTED TO THE PRESIDENTIAL REVIEW AND COMPENSATION COMMITTEE (PRCC) AT THE OCTOBER BOARD MEETING FOR THEIR REVIEW AND APPROVAL. THE COMMITTEE IS RESPONSIBLE FOR APPLYING TERMS AND PROCESSES OF THE EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS AS OUTLINED ABOVE TO FOLLOW THE REBUTTABLE PRESUMPTION OF REASONABLENESS TEST. QUESTION 15B THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S OFFICERS, AND KEY EMPLOYEES IS Prepared by the HR Director and THE information IS submitted to the PRESIDENT FOR HIS/HER REVIEW AND approval. |
| PART VI, SECTION C | QUESTION 19 MALONE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND APPLICABLE DOCUMENT COPIES ARE SENT TO THE REQUESTOR FREE OF CHARGE. PART XI RECONCILIATION OF NET ASSETS LINE 9 ACTUARIAL LOSS ON POSTRETIREMENT BENEFIT PLAN 664,000 CHANGE IN VALUE OF DERIVATIVE CONTRACT 61,074 TOTAL: $725,074 |