NOVA SOUTHEASTERN UNIVERSITY INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NOVA SOUTHEASTERN UNIVERSITY INC (EIN 59-1083502)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-13
- IRS object ID
- 201341339349304049
- 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 C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-13T15:52:17-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135565207 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 North Greene Street | AddressLine1 |
| City | Greensboro | City |
| State | NC | State |
| ZIP Code | 27401 | 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 | 591083502 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Nova Southeastern University Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NOVA | NameControl |
| Phone | 9542625258 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3301 College Avenue | AddressLine1 |
| City | Fort Lauderdale | City |
| State | FL | State |
| ZIP Code | 33314 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | George L Hanbury IIPhD | Name |
| Title | President and CEO | Title |
| Phone | 9542627500 | Phone |
| Date Signed | 2013-05-13 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Allison Franklin | Name |
| PTIN | P00448640 | PTIN |
| Phone | 3362753394 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Nova Southeastern University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | George L Hanbury IIPhD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3301 College Avenue | AddressLine1 |
| City | Fort Lauderdale | City |
| State | FL | State |
| ZIP Code | 33314 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 897848493 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.nova.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1964 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | Nova Southeastern University's primary activity is to provide educational services. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 9392 | TotalNbrEmployees |
| Total Nbr Volunteers | 1484 | TotalNbrVolunteers |
| Total Gross UBI | 4205788 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1335192 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 72205671 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 71260811 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 586016948 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 610216507 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2976358 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3801827 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 430263 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3887220 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 661629240 | TotalRevenuePriorYear |
| Total Revenue Current Year | 689166365 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 59497882 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 58320556 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 326407690 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 351217734 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2729015 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 210788889 | OtherExpensePriorYear |
| Other Expenses Current Year | 230740072 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 596694461 | TotalExpensesPriorYear |
| Total Expenses Current Year | 640278362 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 64934779 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 48888003 | RevenuesLessExpensesCY |
| Total Assets BOY | 1069954961 | TotalAssetsBOY |
| Total Assets EOY | 1101239245 | TotalAssetsEOY |
| Total Liabilities BOY | 549059134 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 533950981 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 520895827 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 567288264 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The mission of Nova Southeastern University, a private, not-for-profit institution, is to offer a diverse array of innovative academic programs that complement on-campus educational opportunities and resources with accessible, (continued on Schedule O) distance-learning programs to foster academic excellence, intellectual inquiry, leadership, research, and commitment to community through engagement of students and faculty members in a dynamic lifelong learning environment. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 306686654 | Expense |
| Grants | 26234814 | Grants |
| Revenue | 535278721 | Revenue |
| Description | Instructional Services: Nova Southeastern University (NSU) offers undergraduate, graduate and professional degrees, and certificate programs to more than 28,000 full and part-time students in a wide range of fields including medicine, dentistry, health sciences, computer sciences, law, education, business, marine biology, humanities, biological and environmental science, performing and visual arts, psychology and other social sciences. NSU's colleges and schools include the Graduate School of Computer and Information Sciences, College of Health Care Services, Oceanographic Center, Institute for the Study of Human Service, Health and Justice, Center for Psychological Studies, H. Wayne Huizenga School of Business and Entrepreneurship, College of Medical Sciences (continued on Schedule O) Mailman Segal Center for Human Development, College of Optometry, College of Pharmacy, Farquhar College of Arts and Sciences, College of Nursing, College of Osteopathic Medicine, Abraham S. Fischler School of Education, Shepard Broad Law Center, College of Dental Medicine and Graduate School of Humanities and Social Sciences. Courses are taught at four South Florida campuses, seven student educational centers, and at sites in more than 23 states, Puerto Rico, and foreign countries. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 76606229 | Expense |
| Grants | 174637 | Grants |
| Revenue | 6660697 | Revenue |
| Description | Academic Support: Library Program operates a 325,000 square feet main campus library and branch libraries. Other programs include computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional activities. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 37955453 | Expense |
| Grants | 519201 | Grants |
| Revenue | 35628899 | Revenue |
| Description | Auxiliary Enterprises: Health Profession Division provides outpatient medical services including dental, optometry, pharmacy, occupational and physical therapy. In addition, seven residence halls on the main campus serve undergraduate, graduate, health professions and law students, with a capacity for housing nearly 1,500 students. The Don Taft University Center is a state-of-the-art, 366,000-square-foot facility that features three NCAA competition courts in the main arena, as well as two intramural courts, group fitness and instruction rooms, cardio and weight training areas, squash courts, a rock climbing wall, and The Flight Deck (student lounge). The Performing and Visual Arts Wing of the Don Taft University Center houses the college's Division of Performing and Visual Arts and includes state (continued on Schedule 0) of the art classrooms and facilities that support the division's art, dance, music, and theatre majors. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 132213499 | Expense |
| Grants | 31391904 | Grants |
| Revenue | 32648190 | Revenue |
| Description | Other Program Services include:Agency ServicesPublic ServiceResearchScholarship and FellowshipDepreciation and InterestUnexpended Plant Expenses | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 132213499 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 31391904 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 32648190 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 553461835 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | 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 | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | 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 | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | 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 |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 48158 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 9392 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | BF | NameOfForeignCountry |
| Name Of Foreign Country | JM | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | 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 | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alyson Silva | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 9542625258 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3301 College Avenue | AddressLine1 |
| City | Fort Lauderdale | City |
| State | FL | State |
| ZIP Code | 33314 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (41 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Ronald G Assaf | |||||||||
| Chair | 0.50 | X | 0 | 0 | 0 | ||||
| Barry J Silverman | |||||||||
| Vice Chair | 0.50 | X | 0 | 0 | 0 | ||||
| W Tinsely Ellis | |||||||||
| Secretary | 0.50 | X | 0 | 0 | 0 | X | |||
| Mitchell Berger | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Alan B Levan | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Albert J Miniaci | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Samuel Morrison | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Paul M Sallarulo | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Franklin L Smith | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Rick Case | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Andrew J DiBattista | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| R Douglas Donn | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Arthur J Falcone | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Silvia Flores | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| David W Horvitz | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| H Wayne Huizenga | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Royal F Jonas | |||||||||
| Trustee | 0.50 | X | 30000 | 0 | 0 | ||||
| Milton Jones | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| J Kenneth Tate | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Zachariah P Zachariah | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Keith Brown | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Thomas E Lynch | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| E Clay Shaw Jr | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Nell McMillan Lewis | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Mike Jackson | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Martin R Press | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| Michael Zager | |||||||||
| Trustee | 0.50 | X | 0 | 0 | 0 | ||||
| George L Hanbury II PhD | |||||||||
| President/Chief Executive Officer | 0.50 | X | 778474 | 0 | 63049 | X | |||
| Jacqueline A Travisano | |||||||||
| Exec VP/Chief Operating Officer | 37.50 | 104457 | 0 | 52525 | X | ||||
| Ray Ferrero Jr | |||||||||
| University Chancellor | 37.50 | 836423 | 0 | 46051 | X | ||||
| Frederick Lippman | |||||||||
| Health Profess Div Chancellor | 37.50 | 406414 | 0 | 25595 | X | ||||
| Francis A De Piano | |||||||||
| Exec VP/Provost | 37.50 | 344942 | 0 | 31976 | X | ||||
| H Wells Singleton | |||||||||
| Dean/School of Education | 37.50 | 330816 | 0 | 39981 | X | ||||
| John Santulli | |||||||||
| VP/Facilities Mgt | 37.50 | 234975 | 0 | 38713 | X | ||||
| David M Fields | |||||||||
| Dean/School of Business | 37.50 | 291173 | 0 | 37760 | X | ||||
| Joseph Harbaugh | |||||||||
| Professsor of Law | 37.50 | 326686 | 0 | 59346 | X | ||||
| Jan E Kronmiller | |||||||||
| Div Chief Dev/Chair-Ortho | 37.50 | 301992 | 0 | 45957 | X | ||||
| Anthony J Silvagni | |||||||||
| Dean/Professor | 37.50 | 309649 | 0 | 41917 | X | ||||
| Tracy A Favreau | |||||||||
| Instructor/Asst Prog Dir | 37.50 | 282179 | 0 | 33725 | X | ||||
| Armando R Rodriguez | |||||||||
| Adjunct Prof/Int'l Site Admin | 37.50 | 279110 | 0 | 0 | X | ||||
| Randolph Pohlman | |||||||||
| Professor(Former Key Employee) | 37.50 | 249641 | 0 | 38438 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5106931 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 555033 | TotalOtherCompensation |
| Number Individuals GT100 K | 515 | NumberIndividualsGT100K |
| Formers Listed | 1 | 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 |
|---|---|---|---|---|---|
| Moss Miller Joint Venture LLC | |||||
| 614 S Federal Highway | FT LAUDERDALE | FL | 33301 | Construction | 16592800 |
| Panza Maurer Maynard & Neel PA | |||||
| 3600 N Federal Highway | Ft LAUDERDALE | FL | 33308 | Legal Counsel | 4308214 |
| Grycon LLC | |||||
| 4101 Ravenswood Road Ste 325 | Dania Beach | FL | 33312 | Construction | 2190237 |
| Ernst & Young | |||||
| PO Box 406725 | Atlanta | GA | 30384 | Accounting | 952334 |
| Lewis Tein PL | |||||
| 3059 Grand Ave Ste 340 | Miami | FL | 33133 | Legal Counsel | 604536 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
| Fundraising Events | 1281892 | FundraisingEvents |
| Government Grants | 39724218 | GovernmentGrants |
| All Other Contributions | 30254701 | AllOtherContributions |
| Noncash Contributions | 8000 | NoncashContributions |
| Total Contributions | 71260811 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and Fees | 611710 | 559280256 | 559280256 | ||
| Auxilliary Operations | 611710 | 35851506 | 147181 | $35,704,325 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15084745 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15084745 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 610216507 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4350583 | TotalRevenueColumn |
| Exclusion | $4,350,583 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 249668 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 92133 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 157535 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 157535 | TotalRevenueColumn |
| Exclusion | $157,535 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 206714837 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 207263593 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -548756 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -548756 | TotalRevenueColumn |
| Exclusion | -$548,756 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 491281 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1251455 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 820203 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -328922 | TotalRevenueColumn |
| Exclusion | -$328,922 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1204788 | GrossSalesOfInventory |
| Cost Of Goods Sold | 506199 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 698589 | TotalRevenueColumn |
| Unrelated Business Revenue | 698589 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Grande Oaks LLC | Description |
| Business Code | 713910 | BusinessCode |
| Total Revenue Column | 3360018 | TotalRevenueColumn |
| Unrelated Business Revenue | 3360018 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 3360018 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 689166365 | TotalRevenueColumn |
| Related Or Exempt Function Income | 574365001 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 4205788 | UnrelatedBusinessRevenue |
| Exclusion | $39,334,765 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 58272060 | Total |
| Program Services | 58272060 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48496 | Total |
| Program Services | 48496 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4187450 | Total |
| Program Services | 1511775 | ProgramServices |
| Management And General | 2554996 | ManagementAndGeneral |
| Fundraising | 120679 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 109003 | Total |
| Program Services | 109003 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 278930688 | Total |
| Program Services | 248540311 | ProgramServices |
| Management And General | 29293981 | ManagementAndGeneral |
| Fundraising | 1096396 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18274793 | Total |
| Program Services | 16018931 | ProgramServices |
| Management And General | 2172354 | ManagementAndGeneral |
| Fundraising | 83508 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29728729 | Total |
| Program Services | 26288545 | ProgramServices |
| Management And General | 3312001 | ManagementAndGeneral |
| Fundraising | 128183 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19987071 | Total |
| Program Services | 17627964 | ProgramServices |
| Management And General | 2272159 | ManagementAndGeneral |
| Fundraising | 86948 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9240381 | Total |
| Program Services | 113389 | ProgramServices |
| Management And General | 9126992 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1114627 | Total |
| Program Services | 44800 | ProgramServices |
| Management And General | 1069827 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 783067 | Total |
| Management And General | 783067 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29395050 | Total |
| Program Services | 25883907 | ProgramServices |
| Management And General | 3378265 | ManagementAndGeneral |
| Fundraising | 132878 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9987847 | Total |
| Program Services | 7585739 | ProgramServices |
| Management And General | 2402108 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29981238 | Total |
| Program Services | 23365528 | ProgramServices |
| Management And General | 6166038 | ManagementAndGeneral |
| Fundraising | 449672 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9500023 | Total |
| Program Services | 8009933 | ProgramServices |
| Management And General | 1479807 | ManagementAndGeneral |
| Fundraising | 10283 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46992140 | Total |
| Program Services | 39154658 | ProgramServices |
| Management And General | 7820767 | ManagementAndGeneral |
| Fundraising | 16715 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7099173 | Total |
| Program Services | 5887956 | ProgramServices |
| Management And General | 1170294 | ManagementAndGeneral |
| Fundraising | 40923 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3166615 | Total |
| Program Services | 2871821 | ProgramServices |
| Management And General | 292376 | ManagementAndGeneral |
| Fundraising | 2418 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14594740 | Total |
| Program Services | 14594017 | ProgramServices |
| Management And General | 723 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33004939 | Total |
| Program Services | 31195491 | ProgramServices |
| Management And General | 1772311 | ManagementAndGeneral |
| Fundraising | 37137 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9331401 | Total |
| Program Services | 5657513 | ProgramServices |
| Management And General | 3673888 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Bad Debt Expense | 7954522 | 5344255 | 2610267 | |
| Small Equipment | 5930994 | 5724732 | 202496 | 3766 |
| Special Promotions | 5549145 | 4161371 | 870949 | 516825 |
| Dues and Membership | 1800520 | 946252 | 852818 | 1450 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5313650 | Total |
| Program Services | 4503388 | ProgramServices |
| Management And General | 809028 | ManagementAndGeneral |
| Fundraising | 1234 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 640278362 | Total |
| Program Services | 553461835 | ProgramServices |
| Management And General | 84087512 | ManagementAndGeneral |
| Fundraising | 2729015 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49832646 | BOY |
| EOY | 18224922 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48263764 | BOY |
| EOY | 60116517 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22463473 | BOY |
| EOY | 12347542 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23578090 | BOY |
| EOY | 23828344 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5219986 | BOY |
| EOY | 5250897 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1657285 | BOY |
| EOY | 1556885 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6035451 | BOY |
| EOY | 4971717 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1022041414 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 262142454 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 731755514 | BOY |
| EOY | 759898960 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144261326 | BOY |
| EOY | 172765922 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22911098 | BOY |
| EOY | 21482614 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13976328 | BOY |
| EOY | 20794925 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1069954961 | BOY |
| EOY | 1101239245 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56946844 | BOY |
| EOY | 51356539 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88512535 | BOY |
| EOY | 83299498 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 364100254 | BOY |
| EOY | 358609039 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39499501 | BOY |
| EOY | 40685905 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 549059134 | BOY |
| EOY | 533950981 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 436453349 | BOY |
| EOY | 478121688 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64258142 | BOY |
| EOY | 67387242 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20184336 | BOY |
| EOY | 21779334 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 520895827 | BOY |
| EOY | 567288264 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1069954961 | BOY |
| EOY | 1101239245 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 48888003 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2495566 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $783,067 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 783067 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Explanation of Lobbying Activities: | Identifier |
| Return Reference | Part II-B, Line 1: | ReturnReference |
| Explanation | The University has hired professional consultants that have engaged in direct lobbying. These consultants work on Nova Southeastern University's behalf meeting or calling on government officials or legislators requesting support for specific projects and programs regarding higher education, research funding and other legislation which could impact the University. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 64453000 | BeginningOfYearBalance |
| Contributions | 5654623 | Contributions |
| Investment Earnings Or Losses | 911786 | InvestmentEarningsOrLosses |
| Other Expenditures | 1443368 | OtherExpenditures |
| End Of Year Balance | 69576041 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 54223000 | BeginningOfYearBalance |
| Contributions | 6187000 | Contributions |
| Investment Earnings Or Losses | 7509000 | InvestmentEarningsOrLosses |
| Other Expenditures | 3466000 | OtherExpenditures |
| End Of Year Balance | 64453000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 46189000 | BeginningOfYearBalance |
| Contributions | 3570000 | Contributions |
| Investment Earnings Or Losses | 4808000 | InvestmentEarningsOrLosses |
| Other Expenditures | 344000 | OtherExpenditures |
| End Of Year Balance | 54223000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 59078000 | BeginningOfYearBalance |
| Contributions | 1587000 | Contributions |
| Investment Earnings Or Losses | -12779000 | InvestmentEarningsOrLosses |
| Other Expenditures | 1697000 | OtherExpenditures |
| End Of Year Balance | 46189000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.56000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.31000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.13000 | 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 | 72145134 | OtherCostOrOtherBasis |
| Book Value | 72145134 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 636565678 | OtherCostOrOtherBasis |
| Depreciation | 121638356 | Depreciation |
| Book Value | 514927322 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18621838 | OtherCostOrOtherBasis |
| Depreciation | 12404548 | Depreciation |
| Book Value | 6217290 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 117197317 | OtherCostOrOtherBasis |
| Depreciation | 59842045 | Depreciation |
| Book Value | 57355272 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 177511447 | OtherCostOrOtherBasis |
| Depreciation | 68257505 | Depreciation |
| Book Value | 109253942 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 759898960 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (9 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Other Current Liabilities | $12,008,778 |
| Accrued Insurance | $10,333,289 |
| Grande Oaks Other LT Liabilities | $5,586,614 |
| LT REFUNDABLE PERKINS | $4,762,307 |
| DEFERRED RENT LIABILITY | $3,639,682 |
| DHHS LIABILITY | $2,166,176 |
| HEALTH CENTERS REFUND PAYABLES | $425,747 |
| LT AGENCY FUND LIABILITIES | $1,685,601 |
| Annuities Payable | $77,711 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 40685905 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 1a: | The Museum of Art acquires art for its collection through purchase or gift. As permitted by SFAS 116 (ASC 958), accounting for contributions received and contributions made, the Museum does not include its collection items as assets in the consolidated statement of financial position. Accordingly, no value has been assigned to the Museum's art collection. The University's policy requires any proceeds from sales of collection items to be used to acquire other items for the collection. Proceeds from the sale of collection items and expenditures for collection items purchased are reflected in the consolidated statement of activities separately from revenues and expenses. | |
| Part III, Line 4: | Nova Southeastern University operates the Museum of Art/Fort Lauderdale. In service to the public, the mission of the Museum is to actively engage diverse audiences in the appreciation of works of art through innovative exhibitions, education programs, publications, and collection activities. This mission is consistent with the University's exempt educational purpose. | |
| Part V, Line 4: | The University's endowment consists of aproximately 251 individual endowments established for a variety of purposes. The University considers the following factors in making a determination to appropriate or accumulate donor restricted funds: a) the purposes of the institution b) the intent of the donors of the endowment fund c) the terms of the applicable instrument d) the long and short term needs of the institution e) general economic conditions f) possible effects of inflation or deflation g) the other resources of the institution h) perpetuation of the endowment | Description of Intended Use of Endowment Funds: |
| Part X: | Accounting for Uncertainty in Income Taxes: The University follows the guidance contained in ASC 740, Income Taxes. ASC 740 addresses the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a threshold of more-likely-than-not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. There were no uncertain tax positions recorded in the consolidated financial statements for fiscal years 2011 and 2012. | Description of Uncertain Tax Positions Under FIN 48: |
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 | Consistent with all federal and state laws, rules, regulations, and/or local ordinances (e.g. Title VII, Title VI, Title III, Title II, Rehab Act, ADA, Title IX), it is the policy of Nova Southeastern University not to engage in discrimination or harassment against any persons because of race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and to comply with all federal and state nondiscrimination, equal opportunity and affirmative action laws, orders, and regulations. This nondiscrimination policy applies to admissions, enrollment, scholarships, loan programs, athletics, employment, and access to, participation in, and treatment in all university centers, programs, and activities. NSU admits students of any race, color, religion or creed, sex, pregnancy, national or ethnic origin, non-disqualifying disability, age, ancestry, marital status, sexual orientation, unfavorable discharge from the military, veteran status, political beliefs or affiliations, and activities generally accorded or made available to students at NSU and does not discriminate in the administration of its educational policies, admission policies, scholarship and loan programs, and athletic and other school administered programs. |
| Explanation of Government Financial Assistance | Schedule E, Part I, Line 6 | Students receive financial aid from the federal government. State aid is provided through grants. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America/Caribbean | 14 | 19 | Program Services | Academic Services | 3861156 |
| North America | 2 | 1 | Program Services | Academic Studies | 62273 |
| Central America/Caribbean | 3 | Grants to Recipients Located in Region | 48496 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 19 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 20 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 19 | TotalNumberOfOffices |
| Total Number Of Employees | 20 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 3971925 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 3971925 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | Scholarships to Recipients Located in Region | TypeOfAssistance |
| Region | Central America and the Caribbean | Region |
| Number Of Recipients | 23 | NumberOfRecipients |
| Amount Of Cash Grant | 48496 | AmountOfCashGrant |
| Manner Of Cash Disbursement | cash | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agreement Ref Fundraising | 0 | AgreementRefFundraising |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Nova Golf Classic | NameOfEvent1 |
| Gross Receipts Event1 | 525955 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 440900 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 85055 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 344258 | OtherDirectExpensesEvent1 |
| Name Of Event2 | U School Main Event | NameOfEvent2 |
| Gross Receipts Event2 | 310540 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 208848 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 101692 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 65606 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 8 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 906241 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 601707 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 304534 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 410339 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 1742736 | GrossReceiptsTotal |
| Charitable Contributions Total | 1251455 | CharitableContributionsTotal |
| Gross Revenue Total Events | 491281 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 820203 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 820203 | DirectExpenseSummaryEvents |
| Net Income Summary | -328922 | NetIncomeSummary |
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 | Student Financial Assistance | TypeOfGrant |
| Number Of Recipients | 12743 | NumberOfRecipients |
| Amount Of Cash Grant | 58272060 | AmountOfCashGrant |
| Description Of Non Cash Assistance | n/a | DescriptionOfNonCashAssistance |
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: Institutional grants awarded to students are recorded to individual student accounts and to each college departmental account using specific contra revenue account codes. The number of recipients and amount of awards varies by center and program. Funds set aside for scholarships are budgeted annually and included in the University's budget plan approved by the Board of Trustees. | 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 |
| 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 (14 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| George L Hanbury II PhD | |||||||||||||
| 472143 | 0 | 0 | 0 | 306331 | 0 | 41000 | 0 | 22049 | 0 | 841523 | 0 | 0 | 0 |
| Jacqueline A Travisano | |||||||||||||
| 90182 | 0 | 0 | 0 | 14275 | 0 | 16500 | 0 | 36025 | 0 | 156982 | 0 | 0 | 0 |
| Ray Ferrero Jr | |||||||||||||
| 516362 | 0 | 0 | 0 | 320061 | 0 | 24500 | 0 | 21551 | 0 | 882474 | 0 | 0 | 0 |
| Frederick Lippman | |||||||||||||
| 356019 | 0 | 0 | 0 | 50395 | 0 | 24500 | 0 | 1095 | 0 | 432009 | 0 | 0 | 0 |
| Francis A De Piano | |||||||||||||
| 337934 | 0 | 0 | 0 | 7008 | 0 | 24500 | 0 | 7476 | 0 | 376918 | 0 | 0 | 0 |
| H Wells Singleton | |||||||||||||
| 317144 | 0 | 0 | 0 | 13672 | 0 | 24500 | 0 | 15481 | 0 | 370797 | 0 | 0 | 0 |
| John Santulli | |||||||||||||
| 230815 | 0 | 0 | 0 | 4160 | 0 | 24265 | 0 | 14448 | 0 | 273688 | 0 | 0 | 0 |
| David M Fields | |||||||||||||
| 285914 | 0 | 0 | 0 | 5259 | 0 | 24500 | 0 | 13260 | 0 | 328933 | 0 | 0 | 0 |
| Joseph Harbaugh | |||||||||||||
| 313492 | 0 | 0 | 0 | 13194 | 0 | 24500 | 0 | 34846 | 0 | 386032 | 0 | 0 | 0 |
| Jan E Kronmiller | |||||||||||||
| 299251 | 0 | 0 | 0 | 2741 | 0 | 23853 | 0 | 22104 | 0 | 347949 | 0 | 0 | 0 |
| Anthony J Silvagni | |||||||||||||
| 301078 | 0 | 0 | 0 | 8571 | 0 | 24500 | 0 | 17417 | 0 | 351566 | 0 | 0 | 0 |
| Tracy A Favreau | |||||||||||||
| 279438 | 0 | 0 | 0 | 2741 | 0 | 21797 | 0 | 11928 | 0 | 315904 | 0 | 0 | 0 |
| Armando R Rodriguez | |||||||||||||
| 279110 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 279110 | 0 | 0 | 0 |
| Randolph Pohlman | |||||||||||||
| 244833 | 0 | 0 | 0 | 4808 | 0 | 24500 | 0 | 13938 | 0 | 288079 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | Part I, Line 1a | ReturnReference |
| Explanation | Supplemental Compensation Information: A housing allowance is provided to the president of the University. This allowance is fully taxable to the recipient. The University pays for club dues on behalf of certain executives. These amounts are treated as taxable to the employee and included in his or her compensation. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| BCEFA 2004A2004B | |||||||
| 521626969 | 115015DD8 | 2004-04-01 | 45673537 | see Part VI | 0 | 0 | 0 |
| BCEFA 2004C | |||||||
| 521626969 | 115015EX3 | 2004-04-01 | 35750000 | see Part VI | 0 | 0 | 0 |
| BCEFA 2008A | |||||||
| 521626969 | 115015FY0 | 2008-10-23 | 60000000 | see Part VI | 0 | 0 | 0 |
| BCEFA 2006 | |||||||
| 521626969 | 115015FR5 | 2006-04-12 | 99951270 | see Part VI | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2250000 | 45673538 | 1604188 | 632187 | 607542 | 18116676 | 24712945 | 2007 | 1 | 0 | 1 | 1 |
| 1800000 | 35750000 | 439499 | 297605 | 35012896 | 2007 | 0 | 0 | 1 | 1 | ||
| 525000 | 60000000 | 682472 | 400684 | 58916844 | 2008 | 0 | 0 | 1 | 1 | ||
| 99951270 | 9181173 | 1028556 | 2421361 | 87320180 | 2007 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 1 | |
| 0 | 1 | 0 | 0 | 0.00000 | 0.02480 | 1 | 0.02480 |
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 1 | 0.00000 |
| 0 | 1 | 0 | 0 | 0.00000 | 0.03360 | 1 | 0.03360 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part I, Column (a)Full Name of Bond Issue and (f)Description of Purpose | Identifier |
| Explanation | First Group Row A: (a)Broward County Educational Facilities (BCEFA)/Series 2004A/2004B (f) Refinance 1994 bonds and construction of University Center Row B: (a)Broward County Educational Facilities (BCEFA)/Series 2004C (f) Construction of Orlando Student Educational Center and University Center Row C: (a)Broward County Educational Facilities (BCEFA)/Series 2008A (f) Construction of chiller plant and dormitory building Row D: (a)Broward County Educational Facilities (BCEFA)/Series 2006 (f) Construction of undergraduate dormitory and University Center Second Group Row A: (a)Town of Davie, Florida/Series 2009 (f)Equipping and renovating University School Row B: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2011 (f)Refinance 2000B bonds and construction of West Palm Beach Student Educational Center Row C: (a)Higher Educational Facility Financing Authority (HEFFA)/Series 2012A (f)Refinance 2002A/B bonds and to finance technology and related acquisitions | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing | CUSIP NumberCUSIPNumber |
|---|---|---|---|---|---|---|---|
| Town of Davie 2009 | |||||||
| 596046527 | 2009-05-29 | 60000000 | see Part VI | 0 | 0 | 0 | |
| HEFFA 2011 | |||||||
| 900058227 | 2011-02-15 | 37878793 | see Part VI | 0 | 0 | 0 | 34073TCV7 |
| HEFFA 2012A | |||||||
| 900058227 | 2012-06-05 | 48511454 | see Part VI | 0 | 0 | 0 | 34073TFW2 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2094969 | 60000000 | 491850 | 59508150 | 2010 | 0 | 0 | 1 | 1 | |||
| 2250000 | 37878793 | 650626 | 22278960 | 2011 | 1 | 0 | 1 | 1 | 1821473 | 13127734 | |
| 48511454 | 737361 | 2832830 | 1 | 0 | 0 | 1 | 38774093 | 6167170 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 1 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
| 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Of Grant | 136231 | AmountOfGrant |
| Type Of Assistance | Tuition Waivers/Scholarships for family members | TypeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ReBro Inc | |||
| Entity owned by family member of Andrew DiBattista, Trustee | 1877926 | ReBro provides storage services to Nova Southeastern University. | 0 |
| Paramount Coffee Services Inc | |||
| Albert J. Miniaci,Trustee, is an officer of Paramount Coffee Services, Inc. | 227619 | Paramount supplies coffee products and services to the University. | 0 |
| Law firm of GunsterYoakley & Stewart PA | |||
| Martin R. Press,Trustee, is a shareholder of Gunster, Yoakley & Stewart, PA | 111453 | Gunster, Yoakley & Stewart provides legal services to the University. | 0 |
| Donna Lippman | |||
| Family member of Fred Lippman, Key Employee | 14286 | Employment at Nova Southeastern University. | 0 |
| Raymond G Ferrero III | |||
| Family member of Ray Ferrero, Jr., Key Employee | 94718 | Employment at Nova Southeastern University. | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 8000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
Boats And Planes BoatsAndPlanes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
Scientific Specimens ScientificSpecimens
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | See Part II | Description |
| Number Of Contributions | 83 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Method for Determining Number of Contributors: | Part I, Column (b): | NSU reports the number of contributions received throughout the year for each type of property listed. Form 990, Schedule M, Part I,Other Types of Property Line 25 includes donations for various fundraising events and silent auctions, such as flowers center pieces and gift cards. |
| Non Reporting of Revenue: | Part I, Line 33: | The contribution amount listed in lc was not reported as revenue, as permitted under generally accepted accounting principles. A zero amount was reported because the organization does not capitalize its collections, as allowed under ASC 958-360-25, formerly known as SFAS 116. In other instances where no amounts were reported in column (c), contribution revenue was not recorded based on immateriality. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Contribution of cars, boats, airplanes and other vehicles: | Part V, Line 7h | A foundation donated a marine vessel to Nova Southeastern University's Oceanographic Center and National Coral Reef Institute to promote the center's mssion and enhance it's research initiatives on the reefs of South Florida. |
| Form 990, Part VI, Section A, line 1 | Explain delegation of authority to an executive committee by the governing body: In accordance to Nova Southeastern University bylaws, the Executive Committee, established by the Board of Trustees (BOT), consists of the Chair of the BOT, the Vice Chair of the BOT, the President of the University, the Chairs of the Standing Committees and such other members of the BOT as designated by the Chair. The Executive Committee has the power to transact all business delegated to it by the BOT and shall, during periods between meetings of the BOT and for all matters of an urgent nature for which it is impractical or impossible to delay decisions until the next meeting of the BOT, have the power to transact all business of the BOT in the management of the Corporation, subject to any limitations otherwise imposed on the BOT as a whole. The Executive Committee shall have such additional powers as conferred upon it by the BOT, and shall report in writing to the BOT following each meeting. | |
| Form 990, Part VI, Section A, line 4 | Significant changes to governing documents: Nova Southeastern University's bylaws, dated December 5, 2011 comprise the following significant changes from the University's bylaws dated January 29, 2010: - The University Chancellor was removed as a trustee and officer from Nova Southeastern University - The title and responsibilities of the Chief Executive Officer of the University was changed from University Chancellor to the President - The minimum number of members of all committees established by the Board, including the Finance Audit, and Investment Committee, was changed from three to five. | |
| Form 990, Part VI, Section B, line 11 | Describe the process used by the organization to review this Form 990: The Form 990 is prepared by the Nova Southeastern Univeristy finance staff and presented to the University's outside tax accountants (KPMG, LLP) for review. After review by the outside tax accountants, a draft copy of the Form 990 and all required schedules are provided for review to the Vice President of Finance/Chief Financial Officer, the Executive Vice President/Chief Operating Officer, and the President/Chief Executive Officer of the University. Upon completion of the internal review, the final Form 990 and all required schedules are made available to the Board of Trustees prior to filing. | |
| Form 990, Part VI, Section B, line 12c | Describe how the organization monitors and enforces compliance with it's conflict of interest policy: Nova Southeastern University (NSU) maintains a written Code of Conduct Policy which provides an overview of requirements in complying with applicable laws, rules, regulations, and adhering to ethical standards by its officers, employees, representatives, and agents in conducting NSU business. To aid in the identification of and correction of any actual or perceived violations of the University's Code of Conduct Policy, NSU has a written Compliance Plan. The Compliance Plan not only explains the compliance obligations of all NSU colleagues, it contains specific directives for key personnel and committees to uphold the Compliance Plan and ensure that their team members have sufficient information to comply with the applicable laws, regulations, and policies, as well as the resources to resolve ethical dilemmas. In addition to the foregoing, each year, the University asks the governing Board of Trustees, officers, directors, and key employees to respond to a questionnaire and disclose on a yearly basis. The questionnaire is designed to collect information and monitor compliance. | |
| Form 990, Part VI, Section B, line 15 | Process for determining compensation of Officers and Key positions: Each year a comparative analysis is performed by a compensation analyst in human resources and is provided to the compensation committee appointed by the Chairman of the Board of NSU. The analysis is reported to the Executive Committee and then to the Board of Trustees of the University. | |
| Form 990, Part VI, Section C, line 19 | Nova Southeastern University's audited financial statements are part of its Annual Report which is made available on its website at http://www.nova.edu/cwis/fop/. In addition, the public at large may receive a copy of the report upon request. | |
| Changes in Net Assets or Fund Balances: | Form 990, Part XI, line 5: | Net unrealized losses on investments: -2,495,566. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| NSU Grande Oaks LLC | |||||||||
| 3201 W Rolling Hills Circle | Fort Lauderdale | FL | 33328 | 204811801 | Golf Course | FL | 4659697 | 35153185 | Nova Southeastern University Inc |
| NSU Park Plaza LLC | |||||||||
| 3301 College Ave | Fort Lauderdale | FL | 33314 | 030380632 | Commercial Real Estate | FL | 900000 | 5700000 | Nova Southeastern University Inc |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NSU Health Professions Division Foundation Inc | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3200 South University Dr | AddressLine1 |
| City | Fort Lauderdale | City |
| State | FL | State |
| ZIP Code | 33328 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650456144 | EIN |
| Primary Activities | Support | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | 501 (c) (3) | ExemptCodeSection |
| Public Charity Status | Line 11d, III-O | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Nova Southeastern University Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | Postal CodeAddressForeign/PostalCode | Primary ActivityPrimaryActivity | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Legal Domicile StateLegalDomicileState |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NSU Guaranty Insurance Company LTD | ||||||||||||||||
| c/o Willis Mgt PO Box 30600 KY1 12 | Grand Cayman | CJ | KY1-1203 | Insurance Captive | CJ | Nova Southeastern University Inc | C | 100 | 100 | 1.00000 | ||||||
| The Pointe Corp Office Park Prop Owners Assn Inc | ||||||||||||||||
| Prop Owner's Assn (no activity) | Nova Southeastern University Inc | C | 100 | 100 | 1.00000 | 3301 College Ave | Fort Lauderdale | FL | 33314 | 460743930 | FL | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| NSU Guaranty Insurance Company LTD | ||
| Q | 4135295 | premiums paid |
| NSU Guaranty Insurance Company LTD | ||
| R | 722546 | claims reimbursed |