2013-11-12T12:17:01-06:00 2013-06-30 BKD LLP 200 E Main St Suite 700 Fort Wayne IN 46802 990 2012-07-01 340737794 MALONE UNIVERSITY % JOY E BRATHWAITE MALO 3304718100 2600 CLEVELAND AVE NW Suite CANTON OH 44709 JOY E BRATHWAITE 3304718100 2013-11-15 true Joyce A Dulworth 2604604000 2012 2016-02-24 21:20:13Z JOY E BRATHWAITE 2600 CLEVELAND AVE NW CANTON OH 44709 66227826 false X WWW.MALONE.EDU X 1899 OH 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. 32 32 1430 10 0 0 2150250 2494539 53133575 52948201 325415 1585061 52808 -144538 55662048 56883263 17474925 19045754 0 0 23783715 22992224 0 0 1331609 14737200 14872998 55995840 56910976 -333792 -27713 74080574 73516742 22160568 20932048 51920006 52584694 X 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. false false 39076929 18646025 44227396 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. 2298643 3457497 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. 4597286 399729 5118770 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. 45972858 true true false false false false false false false true true false false false true false true false true false false false false false false false false false true true true false false false false false false false false false false true false false false false false false false false true 87 0 true 1430 true false false false false false false false false false false X 32 32 true false false false false false false true true false false false true true true true true true true false X JOY E BRATHWAITE 3304718100 2600 CLEVELAND AVENUE NW CANTON OH 44709 GARRY ANDERSON 1.0 X 0 0 0 STANLEY ANDERSON 1.0 X 0 0 0 MARK BENEDICT 1.0 X 0 0 0 DANIEL CALE 1.0 X 0 0 0 JAMES CHARMLEY 1.0 X 0 0 0 H DAVID BRANDT 1.0 X 0 0 0 THOMAS CRAWFORD 1.0 X 0 0 0 CECILE FRANSMAN 1.0 X 0 0 0 SHU-LING SHARON KAO-HUANG 1.0 X 0 0 0 DANIEL KORMAN 1.0 X 0 0 0 MICHAEL MAY 1.0 X 0 0 0 DARLEEN MOSS 1.0 X 0 0 0 FRANK RAYMOND 1.0 X 0 0 0 GERALD SMELTZER 1.0 X 0 0 0 GEORGE SUTTON 1.0 X 0 0 0 WILLIAM THORLA 1.0 X 0 0 0 JOHN WILLIAMS JR 1.0 X 0 0 0 DAVID LINTON 1.0 X 0 0 0 RHONDA MITCHELL 1.0 X 0 0 0 RODNEY NEUENSCHWANDER 1.0 X 0 0 0 ROBERT WAFULA 1.0 X 0 0 0 DAVID RAWSON 1.0 X 0 0 0 DAVID MURRAY 1.0 X 0 0 0 RB HOLMES JR 1.0 X 0 0 0 DEBORAH BARTLEY 1.0 X 0 0 0 DALE CHRYST 1.0 X 0 0 0 RICHARD DOUD 1.0 X 0 0 0 DONNA MCNATT 1.0 X 0 0 0 EDWARD MORRIS 1.0 X 0 0 0 STEVEN STEER 1.0 X 0 0 0 DAVID VAN VALKENBURG 1.0 X 0 0 0 STEPHEN WEINGART 1.0 X 0 0 0 DR CHRISTOPHER ABRAMS 50.0 X 93370 0 21961 DR WILBERT FRIESEN 50.0 X 147178 0 25566 MICHELLE SEARER 50.0 X 45661 0 409 HOWARD TAYLOR 50.0 X 141883 0 25130 JOY BRATHWAITE 50.0 X 126000 0 23970 DR DONALD TUCKER 50.0 X 124800 0 24306 DR DAVID KING 50.0 X 230616 0 22278 BROCK SCHROEDER 50.0 X 31950 0 1925 941458 0 145545 5 false true false 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 21 2494539 290884 2494539 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 272758 272758 52948201 466876 466876 0 0 70737 70737 0 0 0 9693664 8575479 1118185 1118185 1118185 0 0 553809 698347 -144538 -144538 0 56883263 52803663 1585061 0 19045754 19045754 0 0 1193058 429456 579936 183666 0 16327094 12282140 3630781 414173 609681 445856 144170 19655 3680488 2205939 1377305 97244 1181903 864318 279483 38102 0 40616 40616 231362 231362 0 0 83040 83040 1072796 632950 330167 109679 1181173 894401 99257 187515 1257029 528227 638139 90663 1140506 877049 245209 18248 0 3886259 3042931 780016 63312 944004 725939 218065 0 291066 94642 131654 64770 169856 169856 0 2958304 2463078 460925 34301 319879 167000 152879 BAD DEBT 86192 64418 15574 6200 OTHER EDUCATION EXPENSE 783272 736326 46946 BOND EXPENSE 213880 213880 MISCELLANEOUS EXPENSE 213764 88698 120985 4081 56910976 45972858 9606509 1331609 10135 9135 7244495 7062749 366873 334086 2196774 2044511 0 0 0 0 2009753 1776399 251256 20204 2301722 2467617 83828426 39603639 45523542 44224787 13688374 15274543 0 0 0 0 0 0 487650 302711 74080574 73516742 5089414 4317130 0 0 3694272 3587250 12655000 12200000 0 0 0 0 449433 616294 0 0 272449 211374 22160568 20932048 X 31701881 31239943 4512293 5278454 15705832 16066297 51920006 52584694 74080574 73516742 X -27713 -32673 725074 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17155644 360465 1583923 438192 341888 63040 18256912 17816310 206186 47348 535381 312977 65842 17155644 15467953 213222 3302902 760998 321429 85340 17816310 14223160 49764 1906471 400729 219107 91606 15467953 17184094 67607 -2468549 199416 276363 84213 14223160 0.88000 0.12000 false false 0 2146345 2146345 0 51597819 16136354 35461464 0 16555648 12976677 3578971 0 13528614 10490608 3038007 44224787 0 0 38510881 -32673 769085 736412 37774469 63040 19045754 19108794 56883263 38571267 769085 769085 37802182 63040 19045754 19108794 56910976 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 true true true true true true true false false false false false false false false true false true SCHEDULE E 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. true Scholarships 3826 18978220 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. PART I, LINE 2. GRANTS & SCHOLARSHIPS ARE MONITORED FOR APPROPRIATE USE BY VALIDATING REGISTRATION AND SATISFACTORY PROGRESS TOWARDS COMPLETION OF EDUCATIONAL REQUIREMENTS. X X true true X X X X false false false false false false false false false DR WILBERT FRIESEN 147178 0 0 0 0 0 9996 0 15570 0 172744 0 0 0 HOWARD TAYLOR 141883 0 0 0 0 0 9560 0 15570 0 167013 0 0 0 DR DAVID KING 230616 0 0 0 0 0 6708 0 15570 0 252894 0 0 0 INFORMATION REGARDING BENEFTIS PROVIDED PART I, QUESTION 1A 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. A OHIO HIGHER EDUCATIONAL FACILITY COMMISSION 346849674 67756AA93 2007-12-20 13700000 NEW RESIDENCE HALL AND ROADWAY false false false A 1500000 0 13700000 0 0 0 141716 0 0 7358284 0 0 2009 true false true true A false false false false 0 false false false true A true true false 0 false 0 true A false X 4 285884 FMV X PIANO 1 5000 0 false true true SCHEDULE M PART I, LINE 31 USE STOCK BROKERS TO SELL GIFTS OF STOCK WITH DONATIONS SENT TO THE UNIVERSITY. 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