PAUL QUINN COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PAUL QUINN COLLEGE (EIN 74-1238438)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201321359349301112
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T06:32:46-07:00 | 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 | BANKS FINLEY WHITE & CO | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 617 37TH STREET SOUTH | AddressLine1 |
| City | BIRMINGHAM | City |
| State | AL | State |
| ZIP Code | 35222 | 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 | 741238438 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL QUINN COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PAUL | NameControl |
| Phone | 2143795522 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3837 SIMPSON STUART ROAD | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75241 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL SORRELL | Name |
| Title | PRESIDENT | Title |
| Phone | 2143795522 | Phone |
| Date Signed | 2013-03-22 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFFREY WHITE | Name |
| Phone | 2053266660 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ANTWANE OWENS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3837 SIMPSON STUART RD | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 75241 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6399435 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.pqc.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1872 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | PAUL QUINN IS AN INSTITUTION OF HIGHER EDUCATION THAT PROVIDES SCHOLARSHIP AND VARIOUS SUPPORT SERVICES TO STUDENTS WITH VARIOUS BACKGROUNDS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 25 | TotalNbrEmployees |
| Total Nbr Volunteers | 68 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 3833280 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2596525 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3028474 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2914783 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 336684 | InvestmentIncomePriorYear |
| Investment Income Current Year | 325525 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 697543 | OtherRevenuePriorYear |
| Other Revenue Current Year | 562602 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 7895981 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6399435 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2858176 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1970867 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5807742 | OtherExpensePriorYear |
| Other Expenses Current Year | 6003283 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8665918 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7974150 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -769937 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1574715 | RevenuesLessExpensesCY |
| Total Assets BOY | 19220294 | TotalAssetsBOY |
| Total Assets EOY | 17956551 | TotalAssetsEOY |
| Total Liabilities BOY | 3178782 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3725349 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 16041512 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14231202 | NetAssetsOrFundBalancesEOY |
| Mission Description | PAUL QUINN IS AN INSTITUTION OF | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 6374330 | Expense |
| Grants | 4360044 | Grants |
| Description | PAUL QUINN IS AN INSTITUTION OF HIGHER EDUCATION AND PROVIDES SCHOLARSHIPS AND VARIOUS SUPPORT SERVICES 0 | Description |
| Total Program Service Expense | 6374330 | 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 | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | true | ReportProgRelInvest |
| Report Other Assets | true | 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 | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| 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 | false | 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 |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 25 | 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 |
| Excess Business Holdings | true | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | 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 | 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MR ANTWANE OWENS COO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2143795573 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3837 SIMPSON STUART ROAD | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 752414331 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Individual Trustee Or DirectorIndividualTrusteeOrDirector |
|---|---|---|---|---|---|---|---|
| MICHAEL SORRELL | |||||||
| PRESIDENT | 40.00 | X | X | 220400 | 0 | 0 | |
| DEREK H ANDERSON | |||||||
| President/CEO | 2.00 | 0 | 0 | 0 | X | ||
| WILLIAM BREWER ESG | |||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | ||
| CHERRY MILLS BOGGESS | |||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | ||
| DON J CLEVERGER ESQ | |||||||
| Chairman | 2.00 | 0 | 0 | 0 | X | ||
| CORNER COTTRELL EMERITUS | |||||||
| Trustees | 2.00 | 0 | 0 | 0 | X | ||
| TAMARA FIELDS | |||||||
| TRUSTEE | 2.00 | 0 | 0 | 0 | X | ||
| DR ERMA C JOHNSON HADLEY | |||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | ||
| DR ERMA C JOHNSON HADLEY | |||||||
| Trustee | 2.00 | 0 | 0 | 0 | X | ||
| ELLIOTT S HALL ESQ | |||||||
| TRUSTEE | 2.00 | 0 | 0 | 0 | X | ||
| REV FEDERICK D HAYNESIII DMIN | |||||||
| TRUSTEE | 2.00 | 0 | 0 | 0 | X | ||
| MATTHEW HILDRETH | |||||||
| TRUSTEE | 2.00 | 0 | 0 | 0 | X | ||
| REV DARYL B INGRAM DMIN | |||||||
| TRUSTEE | 2.00 | 0 | 0 | 0 | X | ||
| REV GEORGE JOHNSON JR | |||||||
| TRUSTEE | 2.00 | 0 | 0 | 0 | X | ||
| DENISE LYNN | |||||||
| SECRETARY | 2 | X | |||||
| REV JOHN F MCCORMICK ESQ | |||||||
| TRUSTEE | 2 | X | |||||
| DAVID STEPHENS | |||||||
| TRUSTEE | 2 | X | |||||
| HIAWATHA WILLIAMS | |||||||
| TRUSTEE | 2 | X | |||||
| BISHOP GREGORY GM INGRAM | |||||||
| TRUSTEE | 2 | X | |||||
| BOB WEISS | |||||||
| TRUSTEE | 2 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 220400 | TotalReportableCompFromOrg |
| Number Individuals GT100 K | 1 | 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 |
|---|---|---|---|---|---|
| PERKINS MANAGEMENT SERVICES | |||||
| ADRESS ON FILE AT COLLEGE | DALLAS | TX | 75241 | PROFESSIONAL FEES | 397995 |
| UNIVERSAL PROTECTION SERVICES | |||||
| ADDRESS ON FILE AT CLOOEGE | DALLAS | TX | 75241 | PROFESSIONAL FEES | 248989 |
| GEXA ENERGY | |||||
| ADDRESS OM FILE AT COLLEGE | DALLAS | TX | 75241 | PROFESSIONAL FEES | 223291 |
| LLOYD D NABORS DEMOLITION LLC | |||||
| ADDRESS ON FILE COLLEGE | DALLAS | TX | 75241 | PROFESSIONAL FEES | 212963 |
| SOPHIA PURCHASER CO LP | |||||
| ADDRESS ON FILE AT COLLEGE | DALLAS | TX | 75241 | PROFESSIONAL FEES | 150342 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 1880278 | GovernmentGrants |
| All Other Contributions | 716247 | AllOtherContributions |
| Total Contributions | 2596525 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 611310 | BusinessCode |
| Total Revenue Column | 2914783 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2914783 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 325525 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | AUXILLARY ENTERPRISES | Description |
| Business Code | 611310 | BusinessCode |
| Total Revenue Column | 557469 | TotalRevenueColumn |
| Related Or Exempt Function Income | 557469 | RelatedOrExemptFunctionIncome |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5133 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5133 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 562602 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6399435 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3802910 | RelatedOrExemptFunctionIncome |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220400 | Total |
| Program Services | 220400 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1750467 | Total |
| Program Services | 1750467 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 899661 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 899661 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Operation and Maintenance | 660086 | 660086 | 0 | 0 |
| Auxilliary Enterprises | 365697 | 365697 | 0 | 0 |
| Consulting and Professional | 553390 | 553390 | 0 | 0 |
| Other Operating Expense | 3524110 | 2824290 | 699820 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 339 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 339 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7974150 | Total |
| Program Services | 6374330 | ProgramServices |
| Management And General | 1599820 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 555505 | BOY |
| EOY | 393224 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 218949 | BOY |
| EOY | 399756 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 984580 | BOY |
| EOY | 395130 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14178 | BOY |
| EOY | 37239 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 24236604 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12812628 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12076895 | BOY |
| EOY | 11423976 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2389888 | BOY |
| EOY | 2484856 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2980299 | BOY |
| EOY | 2822370 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19220294 | BOY |
| EOY | 17956551 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 889176 | BOY |
| EOY | 912329 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 147070 | BOY |
| EOY | 130592 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2142536 | BOY |
| EOY | 2682428 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3178782 | BOY |
| EOY | 3725349 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11235467 | BOY |
| EOY | 9790550 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -109264 | BOY |
| EOY | -316728 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4915309 | BOY |
| EOY | 4757380 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16041512 | BOY |
| EOY | 14231202 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19220294 | BOY |
| EOY | 17956551 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -1574715 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -235595 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 |
| Public Support Total170 | 0 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Pertcentage170 | 0 | PublicSupportPertcentage170 |
| Public Support Total509 | 0 | PublicSupportTotal509 |
| Public Support Percentage509 | 0 | PublicSupportPercentage509 |
| Investment Income Percentage | 0 | InvestmentIncomePercentage |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2224068 | BeginningOfYearBalance |
| End Of Year Balance | 2224068 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2224068 | BeginningOfYearBalance |
| End Of Year Balance | 2224068 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2224068 | BeginningOfYearBalance |
| End Of Year Balance | 2224068 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 754713 | OtherCostOrOtherBasis |
| Book Value | 754713 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15289191 | OtherCostOrOtherBasis |
| Depreciation | 5649871 | Depreciation |
| Book Value | 9639320 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8192700 | OtherCostOrOtherBasis |
| Depreciation | 7162757 | Depreciation |
| Book Value | 1029943 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 11423976 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ENDOWMENTS | Description |
| Book Value | 2484856 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 2484856 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BENEFICIAL INTEREST IN PERPETUAL TRUST | 2513370 |
| REAL ESTATE HELD FOR INVESTMENT | 309000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 2822370 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE OBLIGATIONS | |
| NOTES PAYABLE | $2,682,428 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2682428 | TotalOfAmounts |
| Total Revenue | 6399435 | TotalRevenue |
| Total Expenses | 7974150 | TotalExpenses |
| Excess Or Deficit For Year | -1574715 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -1574715 | ExcessOrDeficitPerFS |
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 | false | 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 | Line 3 | Identifier |
| Explanation | PAUL QUINN PROVIDES A DETAIL NON-DISCRIMINATORY POLICY IN THE STUDENT HANDBOOK. DISCRIMINATION OF ANY KIND THREATENS THIS TYPE OF LEARNING ENVIRONMENT IN THAT IT COMPROMISES INSTITUTIONAL INTEGRITY AND TRADITIONAL ACADEMIC VALUES. DISCRIMINATION INHIBITS THE INDIVIDUALS PERFORMANCE AS A STUDENT OR EMPLOYEE AND VIOLATES | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | MICHAEL SORRELL | NamePerson |
| Base Compensation Filing Org | 220400 | BaseCompensationFilingOrg |
| Total Compensation Filing Org | 220400 | TotalCompensationFilingOrg |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (21 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Pt VI, Line 11a | THE 990 RETURN IS REVIEWED BY THE CHEIF FINANCIAL OFFICER |
| IN CONJUNCTION WITH A GROUP DESIGNATED BOARD MEMBERS WHO POSSESS | |
| THE NECESSARY KNOWLEDGE TO COMPREHEND TAX TERMONOLOGY. | |
| Pt VI, Line 12c | EMPLOYEES ARE REQUIRED TO FILE A DISCLOSURE FORM WITH THE COO |
| AS SOON AS THEY HAVE KNOWLEDGE OF THE COLLEGE TRANSACTION OR | |
| PROPOSED TRANSACTION WITH AN OUTSIDE INDIVIDUAL, BUSINESS | |
| OR OTHER ORGANIZATION THAT WOULD CREATE A CONFLICT OF INTEREST | |
| OR THE APPEARANCE OF ONE. ALL DISCLOSURES REQUIRED UNDER | |
| THIS POLICY MUST BE DIRECTED IN WRITING TO THE COO. THE | |
| COO WILL PROMPTLY REVIEW ALL DISCLOSURES AND DETERMINE WHICH | |
| INTERESTS ARE IN CONFLICT AND WHICH IF ANY, CAN BE RESOLVED. | |
| OFFICERS OF THE COLLEGE AND ANY EMPLOYEE WHO PURCHASE GOODS OR | |
| SERVICES FOR THE COLLEGE OR WHO ENTER INTO AND ADMINISTRATIVE | |
| CONTRACT ON BEHALF OF THE COLLEGE MUST COMPLETE AND FILE AND ANNUAL | |
| CONFLICT OF INTEREST DISCLOSURE FORM. | |
| Pt VI, Line 15 | THE PRESIDENT'S CONTRACT IS REVEIWED ANNUALLY BY A COMPENSATION |
| COMMITTEE THAT IS A SUBSET OF THE BOARD OF TRUSTEES SELECTED BY THE | |
| CHAIRMAN OF THE BOARD THIS REVIEW IS USED TO DETERMINE | |
| COMPENSATION. THE BOARD SUBSEQUENTLY SETS GOALS AND OBJECTIVES FOR THE | |
| COMING YEAR. THE DELIBERATIONS ARE CAPTURED IN THE BOARD MINUTES. | |
| Form 990, Part IX, Line 24f | CAPITAL AND OTHER COST 339. 339. |