BARTON COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- BARTON COLLEGE (EIN 56-0529933)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-10
- IRS object ID
- 201331309349301618
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule 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 | 2013-05-10T10:27:53-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560574444 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVENUE SUITE 1000 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28204 | 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 | 560529933 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARTON COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BART | NameControl |
| Phone | 2523996331 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5000 | AddressLine1 |
| City | WILSON | City |
| State | NC | State |
| ZIP Code | 278937000 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NORVAL KNETEN | Name |
| Title | PRESIDENT | Title |
| Phone | 2523996331 | Phone |
| Date Signed | 2013-05-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANICE A RATICA | Name |
| PTIN | P00358837 | PTIN |
| Phone | 7043771678 | 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 | NORVAL KNETEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5000 | AddressLine1 |
| City | WILSON | City |
| State | NC | State |
| ZIP Code | 278937000 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 38176002 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.BARTON.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1902 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | LOCATED IN WILSON, NORTH CAROLINA, BARTON COLLEGE IS AN ACADEMIC COMMUNITY OF APPROXIMATELY 1,200 STUDENTS AND 200 FACULTY AND STAFF. NATIONALLY RECOGNIZED FOR ITS PROGRAMS IN EDUCATION, DEAF EDUCATION, NURSING AND SOCIAL WORK AND ITS CHAMPIONSHIP MEN'S ATHLETICS TEAMS, THE SCHOOL MAINTAINS A CLOSE-KNIT ATMOSPHERE AND EMPHASIZES INDIVIDUAL ATTENTION AND ENGAGED LEARNING. OUR 65-ACRE CAMPUS IS HOME TO BARTON BULLDOGS VARSITY ATHLETICS AND BOASTS FIVE RESIDENCE HALLS, THE W. N. HACKNEY LIBRARY, THE KENNEDY RECREATION & INTRAMURAL CENTER, AND OTHER STATE-OF-THE-ART FACILITIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 34 | NbrIndependentVotingMembers |
| Total Nbr Employees | 696 | TotalNbrEmployees |
| Total Nbr Volunteers | 300 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3773660 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6046976 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 25057548 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 26678760 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 981322 | InvestmentIncomePriorYear |
| Investment Income Current Year | -92514 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 517000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 383692 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 30329530 | TotalRevenuePriorYear |
| Total Revenue Current Year | 33016914 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 7946614 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 8894798 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10556367 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11434099 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 959378 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10981443 | OtherExpensePriorYear |
| Other Expenses Current Year | 11419917 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 29484424 | TotalExpensesPriorYear |
| Total Expenses Current Year | 31748814 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 845106 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1268100 | RevenuesLessExpensesCY |
| Total Assets BOY | 61604898 | TotalAssetsBOY |
| Total Assets EOY | 61437211 | TotalAssetsEOY |
| Total Liabilities BOY | 22622630 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 20621637 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 38982268 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 40815574 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | BARTON COLLEGE IS COMMITTED TO PROVIDING PROGRAMS AND OPPORTUNITIES TO ENCOURAGE THE INTELLECTUAL, SPIRITUAL, SOCIAL, AND CULTURAL DEVELOPMENT OF ITS STUDENTS AND TO CHALLENGE THEM FOR FUTURE LEADERSHIP AND SERVICE TO THEIR LOCAL AND GLOBAL COMMUNITIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 7924599 | Expense |
| Revenue | 22927031 | Revenue |
| Description | INSTRUCTION: ACADEMIC DEPARTMENTS, LIFELONG EDUCATION, SUMMER SCHOOL, AND PORTIONS OF GENERAL EXPENSES AND PHYSICAL PLANT EXPENSES. APPROXIMATELY 1,218 STUDENTS ENROLLED IN CLASSES IN FISCAL YEAR 2012. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2467223 | Expense |
| Revenue | 3751729 | Revenue |
| Description | ACADEMIC SUPPORT: ACADEMIC DEANS' OFFICES, INSTRUCTIONAL SUPPORT, LIBRARY, REGISTRAR, COMPUTER CENTER, INSTITUTIONAL RESEARCH, AND INFORMATION TECHNOLOGY. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8894798 | Expense |
| Grants | 8894798 | Grants |
| Description | STUDENT AID: PELL AND SEOG GRANTS, NC LEGISLATIVE TUITION GRANT AND NC STATE CONTRACT GRANTS, FEDERAL WORK STUDY, SCHOLARSHIPS AND LOAN FUNDS (PERKINS AND GENERAL LOANS). | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4640110 | Expense |
| Revenue | 383692 | Revenue |
| Description | STUDENT SERVICES: ENROLLMENT SERVICES, STUDENT SERVICES, FINANCIAL AID, HOUSING AND FOOD SERVICES, POST OFFICE, COLLEGIATE ATHLETICS, AND OTHER ACTIVITIES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4640110 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 383692 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 23926730 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 120 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 696 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 34 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KRIS LYNCH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2523996328 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 5000 | AddressLine1 |
| City | WILSON | City |
| State | NC | State |
| ZIP Code | 278937000 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (45 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| DR DUDLEY ANDERSON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR ROBERT V ANDREWS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR SUSAN K BLUE | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR WALTER L BROWN JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MRS JOSEPHINE M BROWN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR ROBERT B CAYTON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR GEORGIA B CAMPION | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR JAMES E COBB JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR WHIT D COOLBAUGH | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR THOMAS A COZART | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR SCOTT C CRUIKSHANK | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR GILBERT D DAVIS JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR GROVER T DEES SR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR GREGG A DEMAR | ||||||
| CHAIRMAN | 0.50 | X | 0 | 0 | 0 | X |
| MR JAMES M DURHAM | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| THE HONORABLE SIDNEY S EAGLES JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR FRANK E EMORY | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR DAVID A EVANS JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR DONALD I EVANS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR GEORGE C FINKLEA JR | ||||||
| VICE CHAIR | 0.50 | X | 0 | 0 | 0 | X |
| MR VANCE T FORBES JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR ASHLEY T HOOKS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MRS PHYLLIS PARISH HOWARD | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MRS JOAN ADAMS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR KENNETH A JONES | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR KD KENNEDY JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| REV SOTELLO LONG | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR DARWIN W MCCAFFITY | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| REVEREND DR RAY MILES | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MRS FRANCES D MOYE | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR WILLIAM P NIXON JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MRS ANNE M ODDEN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR JAMES S PRIDGEN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| REVEREND JOHN M RICHARDSON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR HARVEY B RUFFIN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR PATRICK S RYAN | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR ERIC W SELLERS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR RUSSELL L STEPHENSON JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR D STUART WALSTON JR | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| DR GARNETT B WHITEHURST | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR LUKE DANIEL WILKINS | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR GARY S WILLIAMSON | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| MR C LEON WILSON III | ||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | |
| NORVAL KNETEN | ||||||
| PRESIDENT | 60.00 | 213500 | 0 | 30406 | X | |
| D KRIS LYNCH | ||||||
| VICE PRESIDENT, FINANCE & ADMINISTRATION | 40.00 | 126210 | 0 | 19123 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 339710 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 49529 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ARAMARK | |||||
| 22506 NETWORK PLACE | CHICAGO | IL | 60673 | FOOD SERVICES FOR CAFETERIA | 1850504 |
| ARAMARK SERVICES INC | |||||
| PO BOX 5000 | WILSON | NC | 27893 | FACILITY AND GROUNDS MAINTENANCE | 1725817 |
| CITY OF WILSON | |||||
| PO BOX 2407 | WILSON | NC | 27894 | SECURITY | 292952 |
| JENZABAR | |||||
| 101 HUNTINGTON AVENUE STE 2200 | BOSTON | MA | 02199 | TECHNOLOGY SUPPORT | 226080 |
| CASTERBRIDGE TOURS | |||||
| 32 NORTH AUGUSTA STREET | STAUNTON | VA | 24401 | TRAVEL TOURS | 185183 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 11 | NumberOfContractorsGT100K |
| Government Grants | 1313628 | GovernmentGrants |
| All Other Contributions | 4733348 | AllOtherContributions |
| Noncash Contributions | 1088436 | NoncashContributions |
| Total Contributions | 6046976 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION AND FEES | 900099 | 22927031 | 22927031 |
| HOUSING FOOD AND OTHER | 900099 | 3751729 | 3751729 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 26678760 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 495156 | TotalRevenueColumn |
| Exclusion | $495,156 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4571418 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5159088 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -587670 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -587670 | TotalRevenueColumn |
| Exclusion | -$587,670 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 383692 | TotalRevenueColumn |
| Related Or Exempt Function Income | 383692 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 383692 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 33016914 | TotalRevenueColumn |
| Related Or Exempt Function Income | 27062452 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$92,514 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8894798 | Total |
| Program Services | 8894798 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9164328 | Total |
| Program Services | 7168936 | ProgramServices |
| Management And General | 1445155 | ManagementAndGeneral |
| Fundraising | 550237 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 439874 | Total |
| Program Services | 354180 | ProgramServices |
| Management And General | 53221 | ManagementAndGeneral |
| Fundraising | 32473 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1159331 | Total |
| Program Services | 559608 | ProgramServices |
| Management And General | 544532 | ManagementAndGeneral |
| Fundraising | 55191 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 670566 | Total |
| Program Services | 536312 | ProgramServices |
| Management And General | 92743 | ManagementAndGeneral |
| Fundraising | 41511 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 211444 | Total |
| Program Services | 24873 | ProgramServices |
| Management And General | 184471 | ManagementAndGeneral |
| Fundraising | 2100 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 260405 | Total |
| Program Services | 138052 | ProgramServices |
| Management And General | 113165 | ManagementAndGeneral |
| Fundraising | 9188 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1210014 | Total |
| Program Services | 852009 | ProgramServices |
| Management And General | 268696 | ManagementAndGeneral |
| Fundraising | 89309 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 758949 | Total |
| Program Services | 651163 | ProgramServices |
| Management And General | 94192 | ManagementAndGeneral |
| Fundraising | 13594 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 239729 | Total |
| Program Services | 171802 | ProgramServices |
| Management And General | 58549 | ManagementAndGeneral |
| Fundraising | 9378 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 395526 | Total |
| Program Services | 130524 | ProgramServices |
| Management And General | 265002 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1458222 | Total |
| Program Services | 481213 | ProgramServices |
| Management And General | 977009 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243263 | Total |
| Program Services | 111335 | ProgramServices |
| Management And General | 131928 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OPERATIONS & MAINTENANC | 2710916 | 1685160 | 913404 | 112352 |
| FOOD & BEVERAGE | 1500007 | 1429928 | 51952 | 18127 |
| BOOKSTORE/STUDENT SVCS/ | 911755 | 84573 | 827182 | |
| DUES, SUBSCRIPTIONS & M | 112170 | 72423 | 34108 | 5639 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1407517 | Total |
| Program Services | 579841 | ProgramServices |
| Management And General | 807397 | ManagementAndGeneral |
| Fundraising | 20279 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31748814 | Total |
| Program Services | 23926730 | ProgramServices |
| Management And General | 6862706 | ManagementAndGeneral |
| Fundraising | 959378 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1766980 | BOY |
| EOY | 64844 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 534537 | BOY |
| EOY | 2255582 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1108824 | BOY |
| EOY | 1000346 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1739759 | BOY |
| EOY | 1373594 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1614403 | BOY |
| EOY | 1425472 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91044 | BOY |
| EOY | 65726 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 262990 | BOY |
| EOY | 271176 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 53459153 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 21459368 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31426345 | BOY |
| EOY | 31999785 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23060016 | BOY |
| EOY | 22980686 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61604898 | BOY |
| EOY | 61437211 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1092610 | BOY |
| EOY | 612344 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 534766 | BOY |
| EOY | 442037 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12631987 | BOY |
| EOY | 11344130 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3005298 | BOY |
| EOY | 3251187 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5357969 | BOY |
| EOY | 4971939 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22622630 | BOY |
| EOY | 20621637 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12647498 | BOY |
| EOY | 12794084 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5836800 | BOY |
| EOY | 6588829 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20497970 | BOY |
| EOY | 21432661 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38982268 | BOY |
| EOY | 40815574 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61604898 | BOY |
| EOY | 61437211 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1268100 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 565206 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23141234 | BeginningOfYearBalance |
| Contributions | 806807 | Contributions |
| Investment Earnings Or Losses | 248040 | InvestmentEarningsOrLosses |
| Other Expenditures | 1080637 | OtherExpenditures |
| Administrative Expenses | 75000 | AdministrativeExpenses |
| End Of Year Balance | 23040444 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21978306 | BeginningOfYearBalance |
| Contributions | 424563 | Contributions |
| Investment Earnings Or Losses | 2043310 | InvestmentEarningsOrLosses |
| Other Expenditures | 1304945 | OtherExpenditures |
| End Of Year Balance | 23141234 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 20307571 | BeginningOfYearBalance |
| Contributions | 494346 | Contributions |
| Investment Earnings Or Losses | 2142549 | InvestmentEarningsOrLosses |
| Other Expenditures | 966160 | OtherExpenditures |
| End Of Year Balance | 21978306 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24951617 | BeginningOfYearBalance |
| Contributions | 520493 | Contributions |
| Investment Earnings Or Losses | -3737422 | InvestmentEarningsOrLosses |
| Other Expenditures | 1427117 | OtherExpenditures |
| End Of Year Balance | 20307571 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.91640 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.08360 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3273277 | OtherCostOrOtherBasis |
| Book Value | 3273277 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39111165 | OtherCostOrOtherBasis |
| Depreciation | 16743645 | Depreciation |
| Book Value | 22367520 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7352742 | OtherCostOrOtherBasis |
| Depreciation | 3147738 | Depreciation |
| Book Value | 4205004 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3662628 | OtherCostOrOtherBasis |
| Depreciation | 1567985 | Depreciation |
| Book Value | 2094643 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 59341 | OtherCostOrOtherBasis |
| Book Value | 59341 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 31999785 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| ALTERNATIVE INVESTMENTS | 3799662 | F |
| CASH MANAGEMENT FUNDS | 75380 | F |
| DEBT SECURITIES | 4690726 | F |
| EQUITY SECURITIES | 14414918 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 22980686 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (8 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OTHER LIABILITIES | $130,925 |
| ACCRUED SALARIES | $529,211 |
| ACCRUED VACATION | $248,368 |
| ASSET RETIREMENT OBLIGATION | $1,989,634 |
| STUDENT LOAN ADVANCES | $1,490,526 |
| DEPOSITS AND STUDENT CREDIT BALANCES | $208,922 |
| INTEREST RATE SWAP AGREEMENT | $255,742 |
| CAPITAL LEASE PAYABLE | $118,611 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4971939 | TotalOfAmounts |
| Total Revenue | 33016914 | TotalRevenue |
| Total Expenses | 31748814 | TotalExpenses |
| Excess Or Deficit For Year | 1268100 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 340554 | NetUnrealizedGLOnInvestments |
| Other | $224,652 | OtherAmount |
| Total Adjustments | 565206 | TotalAdjustments |
| Excess Or Deficit Per FS | 1833306 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 24687322 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 340554 | NetUnrealizedGainsInvestments |
| Other Revenues | -8670146 | OtherRevenues |
| Revenue Not Rptd F990 | -8329592 | RevenueNotRptdF990 |
| Revenue Subtotal | 33016914 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 33016914 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 22854016 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 22854016 | ExpensesSubtotal |
| Other Expenses Not Included | 8894798 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 8894798 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 31748814 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 388 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | IN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE COLLEGE'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE COLLEGE, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2012 AND 2011 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENT 224,652. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIPS SHOWN NET OF TUITION AND FEES ON FINANCIALS -8,894,798. CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENT 224,652. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS SHOWN NET OF TUITION AND FEES ON FINANCIALS 8,894,798. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL ADVERTISEMENTS FOR OPEN POSITIONS, THE COLLEGE CATALOG (WHICH IS ALSO ON THE WEBSITE), AND ALL FINANCIAL AID PUBLICATIONS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES FEDERAL AND STATE AWARDS FROM THE STATE OF NORTH CAROLINA, US DEPARTMENT OF EDUCATION, AND THE US DEPARTMENT OF HEALTH AND HUMAN SERVICES FOR THE PURPOSE OF STUDENT GRANTS, LOANS AND SCHOLARSHIPS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS AND GRANTS | TypeOfGrant |
| Number Of Recipients | 900 | NumberOfRecipients |
| Amount Of Cash Grant | 8894798 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: SCHOLARSHIPS AND FINANCIAL AID FUNDS ARE AWARDED BY FINANCIAL AID DEPARTMENT AND APPLIED DIRECTLY TO STUDENT ACCOUNTS. STUDENT ACCOUNT BALANCES ARE THEN MONITORED BY THE BUSINESS OFFICE, AND STUDENT ELIGIBILITY AND ACADEMIA ARE MONITORED BY THE REGISTRAR. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | NORVAL KNETEN | NamePerson |
| Base Compensation Filing Org | 213500 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 17500 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 12906 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 243906 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE COLLEGE PROVIDES HOUSING TO THE PRESIDENT FOR THE CONVENIENCE OF THE EMPLOYER SO THAT THE PRESIDENT CAN PERFORM ESSENTIAL COLLEGE BUSINESS AND ACTIVITIES AT THE HOME. ADDITIONALLY, THE PRESIDENT WAS PROVIDED A MEMBERSHIP AT A LOCAL COUNTRY CLUB TO BE USED FOR BUSINESS PURPOSES AND FUNDRAISING ACTIVITIES. USE OF THE MEMBERSHIP IS WELL DOCUMENTED. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC FACILITIES FINANCING AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 561592154 | IssuerEIN |
| CUSIP Number | 65818PDY2 | CUSIPNumber |
| Date Issued | 2004-06-24 | DateIssued |
| Issue Price | 18000000 | IssuePrice |
| Description Of Purpose | FACILITIES CONSTRUCTION AND RENOVATION & RE-FINANCED EXISTING BONDS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Expenditures | 18000000 | CapitalExpenditures |
| Year Of Subst Completion | 2005 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 0 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 109245 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Real Estate Commercial RealEstateCommercial
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 904191 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | SCIENCE EQUIPMENT | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 75000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE BOARD HAS AUTHORIZED THE PRESIDENT AND VICE PRESIDENT TO REVIEW THE RETURN. IT WILL BE MADE AVAILABLE TO ALL BOARD MEMBERS PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS CONFLICT OF INTEREST STATEMENTS, AS THEY ARE SUBMITTED BY THE TRUSTEES. THE EXECUTIVE COMMITTEE MEETS SEVERAL TIMES DURING THE YEAR. AS STATED IN THE BYLAWS, ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH THE TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SAID MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE THAT THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER HE/SHE HAS A CONFLICT OF INTEREST IN ANY MATTER MAY REQUEST THE EXECUTIVE COMMITTEE TO DETERMINE IF A CONFLICT OF INTEREST EXISTS, AND THE EXECUTIVE COMMITTEE SHALL RESOLVE THE QUESTION BY AFFIRMATIVE VOTE OF A MAJORITY OF ITS MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE CEO (PRESIDENT) IS LED BY THE TRUSTEESHIP COMMITTEE OF THE BOARD. THIS COMMITTEE MEETS WITH FACULTY, STAFF, STUDENTS AND ADMINISTRATORS TO EVALUATE THE PRESIDENT'S JOB PERFORMANCE. THEY ALSO REVIEW THE PRESIDENT'S ANNUAL REPORT TO ASSESS ACCOMPLISHMENTS. COMPENSATION SURVEYS FROM NATIONAL AND STATE INSTITUTIONS (COLLEGES AND UNIVERSITIES PERSONNEL ASSOCIATION AND NORTH CAROLINA INDEPENDENT COLLEGES AND UNIVERSITIES) ARE REVIEWED TO DETERMINE A REASONABLE COMPENSATION RANGE. THE PRESIDENT DETERMINES THE COMPENSATION FOR THE VICE PRESIDENTS. HE RECEIVES EVALUATIONS FROM THE VP'S DIRECT REPORTS. HE ALSO USES COMPENSATION INFORMATION FROM NATIONAL AND STATE SURVEYS TO DETERMINE APPROPRIATENESS OF COMPENSATION LEVEL. ALL DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 340,554. CHANGE IN FMV OF INTEREST RATE SWAP AGREEMENT 224,652. TOTAL TO FORM 990, PART XI, LINE 5: 565,206. | CHANGES IN NET ASSETS OR FUND BALANCES: |