2013-01-30T13:38:16-07:00 2012-06-30 990 2011-07-01 580685908 TOCCOA FALLS COLLEGE INC TOCC 7068866831 PO Box 800750 Toccoa Falls GA 305980013 Gregg Schulte 7068866831 2013-01-30 2011 2016-02-25 16:41:14Z Dr Robert M Myers PO Box 800750 Toccoa Falls GA 305980013 22096393 0 X www.tfc.edu X 1907 GA Providing undergraduate college education and Christian ministries on a residential campus. 26 25 558 26 81276 18747 1742474 1940586 15392032 15988975 134170 217218 356395 301500 17625071 18448279 4101218 4704294 0 0 7084116 7001125 0 0 596420 7053438 6847716 18238772 18553135 -613701 -104856 22823864 21998267 10492648 9890056 12331216 12108211 The mission of Toccoa Falls College is to glorify God through seeking and developing Christian servant leaders who will impact their world with the love and message of Jesus Christ. 0 0 15418051 4704294 16209199 Toccoa Falls College offers undergraduate programs in 25 majors and 14 minors to approximately 750 residential, commuter, and online students. The college provides the campus community with food services, residential housing, and a college bookstore. The community and the extended community area also enjoy a radio station that offers non-commercial, listener supported Christian programming designed to help fulfill the stated mission of the College. Also, Toccoa Falls College offers residential housing, student counseling and career placement, student activities and student government, intramural recreation, and various other student experiences as co-curricular to their academic experience. 0 0 0 15418051 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 1 1 0 0 0 1 12 0 558 1 1 1 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 GA X Toccoa Falls College Inc 7068866831 PO Box 800750 Toccoa Falls GA 305980013 David Fugett 1 X 0 0 0 Charles Hughes 1 X 0 0 0 Ray Kincaid 1 X X 0 0 0 Fred King 1 X 0 0 0 David Markle 1 X 0 0 0 Dwayne Mercer 1 X 0 0 0 Charles Moseley 1 X 0 0 0 Ray Murray 1 X 0 0 0 Jeffrey Norris 1 X 0 0 0 Mark O'Farrell 1 X 0 0 0 John Siewert 1 X 0 0 0 David Smith 1 X 0 0 0 Thomas Wade 1 X 0 0 0 Janet Webb 1 X 0 0 0 Floyd Wheeler 1 X 0 0 0 George Woerner 1 X 0 0 0 Judge Willie Woodruff 1 X 0 0 0 Dr Barbara Bellefeuille 40 X X 69875 0 14122 Gregg Schulte 40 X X 72128 0 12067 John Allen 1 X X 0 0 0 Brian Bojo 1 X 0 0 0 Debra D Farrell 1 X 0 0 0 Michael D Noel 1 X 0 0 0 Lantzia C Thao 1 X 0 0 0 Neil E Veydt 1 X 0 0 0 Gary S Davis 1 X 0 0 0 Sheila Ray 1 X 0 0 0 Pat Heaton Timms 1 X 0 0 0 Wayne Gardner 40 X 70088 0 42823 212091 0 69012 0 1 0 0 Aramark Services Inc PO Box 800876 Toccoa Falls GA 30598 Food Services 975874 1 0 0 0 0 301844 1638742 351255 1940586 Tuition & fees 900099 12142393 12142393 0 0 Auxiliary Enterprises 900099 3156481 3100690 55791 0 Student Radio 900099 563500 549276 14224 0 Conference Fees 900099 126601 126601 0 0 0 0 0 0 15988975 89266 0 0 89266 0 0 0 0 0 0 0 0 0 0 3776066 0 3648114 0 127952 0 127952 0 0 127952 0 Miscellaneous Revenue 900099 301500 290239 11261 0 0 0 0 0 301500 18448279 16209199 81276 217218 0 0 4704294 4704294 0 0 0 0 293925 0 293925 0 60414 60414 0 0 4841837 4082762 494662 264413 0 0 0 0 1475389 1216615 180968 77806 329560 276830 32956 19774 0 0 0 0 7285 1376 5909 0 52436 0 52436 0 0 0 0 0 0 0 0 0 0 0 70124 32854 28818 8452 129625 80085 0 49540 349041 214879 59660 74502 0 0 0 0 0 0 0 0 1907057 1789141 102134 15782 196467 146559 26162 23746 0 0 0 0 0 0 0 0 485150 0 485150 0 0 0 0 0 727326 493769 233557 0 289434 103024 186410 0 Auxiliary operations 1042012 1042012 0 0 Miscellaneous 821094 424348 355917 40829 Broadcast expense 567182 567182 0 0 Student Development 181907 181907 0 0 21576 0 0 21576 18553135 15418051 2538664 596420 1597259 1687351 0 0 0 0 83422 84122 392515 432731 129416 90665 101812 120836 29275827 12423063 16678590 16852764 2992925 1950187 538934 472895 0 0 0 0 308991 306716 22823864 21998267 324370 237528 319027 258635 7710000 7460000 539490 542374 161545 136290 1438216 1255229 10492648 9890056 X 8123559 7868105 1459639 1421222 2748018 2818884 12331216 12108211 22823864 21998267 X -104856 -118149 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2921710 69553 59069 146085 933333 0 1970914 2772757 16531 270962 138540 0 0 2921710 2619426 17310 270544 134523 0 0 2772757 2984561 18362 -246201 137296 0 0 2619426 0 1 0 0 0 0 972089 972089 0 21020131 7725050 13295081 0 0 0 0 0 5883942 3847731 2036211 0 1399665 850282 549383 16852764 0 Student Deposits 417636 Other Deposits 9850 Asset Retirement Obligation 39165 Annuities Payable 472895 Funds Held in Federal Loan Programs 88385 Computer Lease Payable 227298 1255229 SchD_P05_S00_L04 Schedule D, Part V, Line 4 The College's endowment consists of approximately 70 individual funds established for a variety of purposes. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The financial statements effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in the expenses in the consolidated statements of activities. As of June 30, 2012 and 2011, the College had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SchE_P01_S00_L03 Schedule E, Part I, Line 3 College publications and college catalog SchE_P01_S00_L06 Schedule E, Part I, Line 6 The College receives funding from the federal government, and as a result, is required to comply with various regulations related to those funding programs. 1 Student scholarships & discounts 743 4101218 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The College follows state and federal guidelines in providing financial aid to students as well as internal criteria based upon academic progress, criteria established by particular scholarships, and/or financial need. The federal FAFSA form is used in this process as well. X 1 1 X 0 1 0 0 0 0 0 0 0 Wayne Gardner 70088 0 0 0 0 0 19917 0 22906 0 112911 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a The employee is an ordained minister and was paid a housing allowance in accordance with federal tax law. SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The employee was paid in accordance to a contract agreed upon by management and trustees. SchJ_P01_S00_L04 Schedule J, Part I, Line 4 The employee contributed to a retirement plan maintained by the college. Stephens County Development Authority 581024352 2006-02-01 9048821 Refinance 1 0 0 0 0 8817821 0 0 0 231000 0 0 0 0 0 2006 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 Donna Gardner Wife of Former President 60414 W-2 Wages 0 Wayne Gardner Former President 105724 W-2 Wages 0 X 1 150800 Appraisal X Radio Station 1 200000 Appraisal 0 1 0 F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The Form 990 is prepared by the business office and reviewed by the College's top management. Board members are made aware of the Form 990 and provided a copy at their request. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The College requires each trustee and officer to complete a conflict of interest questionnaire annually. The executive committee of the Board of Trustees evaluates the president/provost's compensation annually. The President/Provost evaluates the officer compensation annually. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Amount represents unrealized gains/losses during the year on investments carried at market value. Toccoa Falls College Foundation Po Box 800750 Toccoa Falls GA 30598 311744028 Assist the College with capital and funding GA 501(c)(3) Line 7 Toccoa Falls College Toccoa Falls Estates Foundation Inc PO Box 800750 Toccoa Falls GA 30598 203785529 Land Development GA 501(c)(3) Line 11a, I Toccoa Falls College Toccoa Falls Estates LLC PO Box 800750 Toccoa Falls GA 30598 113726108 Land Development GA Toccoa Falls College Unrelated 0 1 1.00 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Toccoa Falls College Foundation m 0