GROVE CITY COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GROVE CITY COLLEGE (EIN 25-1065148)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-14
- IRS object ID
- 201203199349303300
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T11:52:11-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251638525 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GROSSMAN YANAK & FORD LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THREE GATEWAY CTR STE 1800 | AddressLine1 |
| City | PITTSBURGH | City |
| State | PA | State |
| ZIP Code | 15222 | 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 | 251065148 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GROVE CITY COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GROV | NameControl |
| Phone | 7244582000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAMPUS DRIVE | AddressLine1 |
| City | GROVE CITY | City |
| State | PA | State |
| ZIP Code | 161272104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROGER K TOWLE | Name |
| Title | VP FOR FINANCIAL AFFAIRS | Title |
| Phone | 7244582000 | Phone |
| Date Signed | 2012-11-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD E DYNOSKE | Name |
| PTIN | P00095538 | PTIN |
| Phone | 4123389300 | 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 | RICHARD G JEWELL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAMPUS DRIVE | AddressLine1 |
| City | GROVE CITY | City |
| State | PA | State |
| ZIP Code | 16127 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 168524888 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GCC.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1876 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | A SCHOOL OF HIGHER EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1937 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 333824 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -549131 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 15081098 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 12622534 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 50695007 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 51957878 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 14146200 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4310093 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 774073 | OtherRevenuePriorYear |
| Other Revenue Current Year | 688352 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 80696378 | TotalRevenuePriorYear |
| Total Revenue Current Year | 69578857 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5268517 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5459108 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 31675920 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 30332774 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 129166 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 21911 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1594309 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24108014 | OtherExpensePriorYear |
| Other Expenses Current Year | 25869128 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 61181617 | TotalExpensesPriorYear |
| Total Expenses Current Year | 61682921 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 19514761 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7895936 | RevenuesLessExpensesCY |
| Total Assets BOY | 265577669 | TotalAssetsBOY |
| Total Assets EOY | 282285049 | TotalAssetsEOY |
| Total Liabilities BOY | 21527996 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 40697589 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 244049673 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 241587460 | NetAssetsOrFundBalancesEOY |
| Mission Description | SCHOOL OF HIGHER EDUCATION | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 24813655 | Expense |
| Grants | 5329442 | Grants |
| Revenue | 33753961 | Revenue |
| Description | ACADEMIC INSTRUCTION | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4379514 | Expense |
| Grants | 66166 | Grants |
| Description | ACADEMIC SUPPORT - INCLUDES EXPENSES FOR LIBRARY, ATHLETICS, AND STUDENT HEALTH CARE | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 19222547 | Expense |
| Revenue | 18203917 | Revenue |
| Description | AUXILIARY ENTERPRISES - INCLUDES EXPENSES FOR DINING HALLS, DORMITORIES, BOOKSTORE, AND FOUNTAIN ROOM | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 48415716 | 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 | 1 | 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 | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| 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 | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | 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 | 3278 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1937 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 1 | FundsToPayPremiums |
| Premiums Paid | 1 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | 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 | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHELLE WILLIAMS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7244582214 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAMPUS DRIVE | AddressLine1 |
| City | GROVE CITY | City |
| State | PA | State |
| ZIP Code | 16127 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (48 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ALICE MORRE BATCHELDER ESQ | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ANDREW J KOZUSKO | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ARTHUR J SCHWAB ESQ | |||||||
| TRUSTEE | 1.00 | X | 12500 | 0 | 0 | ||
| DON BALLA | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| C DALE REIS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ALEJANDRO CHAFUEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| CHARLOTTE A ZUSCHLAG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CLEASTER MIMS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DAVID CASHDOLLAR | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DAVID PORTER ESQ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DAVID R RATHBURN | |||||||
| TRUSTEE | 6.00 | X | 0 | 0 | 0 | ||
| DAWN M OWENS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| TED JOHNSON | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| EDWARD D BREEN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| GEORGE R GUNN JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| HENRY W HOPEMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JACK KOPNISKY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JODY LYNNE MATHIE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JOSEPH GUMMEL | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| LAURA R HAVRILLA | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| ROBB JONES | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MILTON W SHLAPAK | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| PAUL MCNULTY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PHILIP GASIEWICZ | |||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | ||
| ERIC PILLMORE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| RONALD H MILLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SAMUEL G CASOLARI JR ESQ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| STANLEY M JOHNSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| THE REVERAND RICHARD A MORLEDGE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WALTER WILLIAMS | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM A MEHAFFEY | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| WILLIAM STEWART | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DAN SANDMAN | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| COURTNEY BABCOCK BORNTRAEGER | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| DOUGLAS KNABLE | |||||||
| TRUSTEE | 0.50 | X | 0 | 0 | 0 | ||
| JEFF PROKOVICH | |||||||
| VP FOR INSTITUTIONAL ADVAN | 40.00 | 125200 | 0 | 4873 | X | ||
| LARRY HARDESTY | |||||||
| VP FOR STUDENT LIFE AND LE | 40.00 | 91223 | 0 | 14330 | X | ||
| RICHARD JEWELL JD | |||||||
| PRESIDENT | 40.00 | 298842 | 0 | 54847 | X | ||
| ROGER TOWLE | |||||||
| VP FOR FINANCIAL AFFAIRS | 40.00 | 158334 | 0 | 19370 | X | ||
| THOMAS GREGG | |||||||
| VP FOR OPERATIONS | 40.00 | 118325 | 0 | 35518 | X | ||
| TIMOTHY R BONNER ESQ | |||||||
| COUNSELOR | 0.50 | 0 | 0 | 0 | X | ||
| VINCE DISTASI PHD | |||||||
| VP AND AND CHIEF INFORMATI | 40.00 | 106044 | 0 | 14640 | X | ||
| WILLIAM ANDERSON PHD | |||||||
| VP AND PROVOST | 40.00 | 173480 | 0 | 30106 | X | ||
| ED ARNOLD | |||||||
| CHAIR / PROFESSOR | 40.00 | 118062 | 0 | 16882 | X | ||
| JOHN SPARKS | |||||||
| DEAN | 40.00 | 154620 | 0 | 17970 | X | ||
| STACY BIRMINGHAM | |||||||
| DEAN AND CHAIR ENGINEERING | 40.00 | 133341 | 0 | 5182 | X | ||
| PAUL SCHAEFER | |||||||
| CHAIR / PROFESSOR | 40.00 | 108956 | 0 | 3248 | X | ||
| CRAIG COLUMBUS | |||||||
| EXECUTIVE DIRECTOR OF CENTER FOR ENTREPRENEURSHIP | 40.00 | 124606 | 0 | 1048 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1723533 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 218014 | TotalOtherCompensation |
| Number Individuals GT100 K | 11 | 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 |
|---|---|---|---|---|---|
| BON APPETIT MANAGEMENT COMPANY | |||||
| 2730 SAND HILL ROAD SUITE 100 | MENLO PARK | CA | 94025 | FOOD SERVICE MGMT | 5294217 |
| PJ DICK INC | |||||
| PO BOX 6774 | PITTSBURGH | PA | 15212 | CONSTRUCTION SERVICES | 4696977 |
| WALLACE BUILDERS | |||||
| BOX 333 | PULASKI | PA | 16143 | CONSTRUCTION SERVICES | 2459004 |
| BALLINGER | |||||
| 833 CHESTNUT ST SUITE 1400 | PHILADELPHIA | PA | 19107 | ENGINEERING | 1241559 |
| RENICK BROTHERS | |||||
| PO BOX 94 | SLIPPERY ROCK | PA | 16057 | CONSTRUCTION SERVICES | 1104030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 11 | NumberOfContractorsGT100K |
| All Other Contributions | 12622534 | AllOtherContributions |
| Noncash Contributions | 760434 | NoncashContributions |
| Total Contributions | 12622534 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| ACADEMIC TUITION/FEES | 611600 | 33753961 | 33753961 | |
| ROOM AND BOARD FEES | 611710 | 17034523 | 17034523 | |
| BOOKSTORE/FOUNTAIN SAL | 611710 | 1169394 | 1133697 | 35697 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 51957878 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3220926 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3224239 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -3313 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 100035198 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 98946031 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1089167 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1089167 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1089167 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MISC INCOME | 900099 | 407825 | 386347 | 21478 |
| SUMMER CONFERENCE/RENT | 531390 | 280527 | 565 | 279962 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 688352 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 69578857 | TotalRevenueColumn |
| Related Or Exempt Function Income | 56622499 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 333824 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66166 | Total |
| Program Services | 66166 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5329442 | Total |
| Program Services | 5329442 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63500 | Total |
| Program Services | 63500 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1243331 | Total |
| Management And General | 1113258 | ManagementAndGeneral |
| Fundraising | 130073 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23598214 | Total |
| Program Services | 17925062 | ProgramServices |
| Management And General | 4966011 | ManagementAndGeneral |
| Fundraising | 707141 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1039103 | Total |
| Program Services | 768036 | ProgramServices |
| Management And General | 238282 | ManagementAndGeneral |
| Fundraising | 32785 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2701174 | Total |
| Program Services | 1997063 | ProgramServices |
| Management And General | 618953 | ManagementAndGeneral |
| Fundraising | 85158 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1750952 | Total |
| Program Services | 1300253 | ProgramServices |
| Management And General | 395386 | ManagementAndGeneral |
| Fundraising | 55313 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89053 | Total |
| Management And General | 89053 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76781 | Total |
| Management And General | 76781 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21911 | Total |
| Fundraising | 21911 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 229838 | Total |
| Program Services | 44163 | ProgramServices |
| Management And General | 185675 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1217723 | Total |
| Program Services | 30671 | ProgramServices |
| Management And General | 817973 | ManagementAndGeneral |
| Fundraising | 369079 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1250725 | Total |
| Program Services | 629065 | ProgramServices |
| Management And General | 553855 | ManagementAndGeneral |
| Fundraising | 67805 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132770 | Total |
| Program Services | 127669 | ProgramServices |
| Management And General | 5101 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3478440 | Total |
| Program Services | 3371596 | ProgramServices |
| Management And General | 94757 | ManagementAndGeneral |
| Fundraising | 12087 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1100124 | Total |
| Program Services | 674978 | ProgramServices |
| Management And General | 341898 | ManagementAndGeneral |
| Fundraising | 83248 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 340542 | Total |
| Management And General | 340542 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7600794 | Total |
| Program Services | 7600794 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 138560 | Total |
| Program Services | 138560 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CONTRACT BOARD FEES | 3967615 | 3967615 | ||
| OTHER EXPENSES | 2224565 | 860748 | 1338662 | 25155 |
| EQUIPMENT, MAINTENANCE, | 2125307 | 1624044 | 496709 | 4554 |
| BOOKSTORE MERCHANDISE | 841324 | 841324 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1054967 | Total |
| Program Services | 1054967 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61682921 | Total |
| Program Services | 48415716 | ProgramServices |
| Management And General | 11672896 | ManagementAndGeneral |
| Fundraising | 1594309 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 707706 | BOY |
| EOY | 447833 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10390421 | BOY |
| EOY | 8513728 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 435994 | BOY |
| EOY | 454221 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 479588 | BOY |
| EOY | 502972 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 780644 | BOY |
| EOY | 927394 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 243958968 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 93712335 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125980918 | BOY |
| EOY | 150246633 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 102148131 | BOY |
| EOY | 93362838 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21628470 | BOY |
| EOY | 25031202 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3025797 | BOY |
| EOY | 2798228 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265577669 | BOY |
| EOY | 282285049 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3362595 | BOY |
| EOY | 7500683 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2076386 | BOY |
| EOY | 2003671 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7254191 | BOY |
| EOY | 19456526 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8834824 | BOY |
| EOY | 11736709 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21527996 | BOY |
| EOY | 40697589 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125410511 | BOY |
| EOY | 144580232 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60452295 | BOY |
| EOY | 37319531 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58186867 | BOY |
| EOY | 59687697 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 244049673 | BOY |
| EOY | 241587460 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265577669 | BOY |
| EOY | 282285049 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7895936 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -10358149 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | EDUCATION | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 85015042 | BeginningOfYearBalance |
| Contributions | 962728 | Contributions |
| Investment Earnings Or Losses | -868463 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5392942 | GrantsOrScholarships |
| Other Expenditures | 1258955 | OtherExpenditures |
| End Of Year Balance | 78457410 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 75546044 | BeginningOfYearBalance |
| Contributions | 2912529 | Contributions |
| Investment Earnings Or Losses | 12705630 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5176851 | GrantsOrScholarships |
| Other Expenditures | 972310 | OtherExpenditures |
| End Of Year Balance | 85015042 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 69779684 | BeginningOfYearBalance |
| Contributions | 1884987 | Contributions |
| Investment Earnings Or Losses | 5989775 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4836564 | GrantsOrScholarships |
| Other Expenditures | -2728162 | OtherExpenditures |
| End Of Year Balance | 75546044 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 90797926 | BeginningOfYearBalance |
| Contributions | 3036760 | Contributions |
| Investment Earnings Or Losses | -18931057 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4645491 | GrantsOrScholarships |
| Other Expenditures | 478454 | OtherExpenditures |
| End Of Year Balance | 69779684 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.06000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.94000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1737572 | InvestmentCostOrOtherBasis |
| Book Value | 1737572 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 176255219 | InvestmentCostOrOtherBasis |
| Depreciation | 75108477 | Depreciation |
| Book Value | 101146742 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 36092264 | InvestmentCostOrOtherBasis |
| Depreciation | 18603858 | Depreciation |
| Book Value | 17488406 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 29873913 | InvestmentCostOrOtherBasis |
| Book Value | 29873913 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 150246633 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SECURITIES | Description |
| Book Value | 25031202 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 25031202 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| LINE OF CREDIT | $4,345,627 |
| ACCRUED PENSION COSTS | $7,228,174 |
| FAIR VALUE OF DERIVATIVE INSTRUMENT | $162,908 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 11736709 | TotalOfAmounts |
| Total Revenue | 69578857 | TotalRevenue |
| Total Expenses | 61682921 | TotalExpenses |
| Excess Or Deficit For Year | 7895936 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -6860841 | NetUnrealizedGLOnInvestments |
| Other | -$3,497,308 | OtherAmount |
| Total Adjustments | -10358149 | TotalAdjustments |
| Excess Or Deficit Per FS | -2462213 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 68800857 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 68800857 | RevenueSubtotal |
| Other Revenues Not Included | 778000 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 778000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 69578857 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 72819070 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 11136149 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 11136149 | ExpensesNotRptdF990 |
| Expenses Subtotal | 61682921 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 61682921 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE COLLEGE HAS A COLLECTION OF ART, LITERARY WORKS, HISTORICAL TREASURES AND ARTIFACTS WHICH ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH. THEY ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED FOR FINANCIAL STATEMENT PURPOSES. THE ESTIMATED FAIR MARKET VALUE OF COLLECTIONS WAS APPROXIMATELY $4,000,000 AT JUNE 30, 2012 AND 2011. | |
| PART III, LINE 4: | THE COLLEGE HAS A COLLECTION OF ART, LITERARY WORKS, HISTORICAL TREASURES AND ARTIFACTS WHICH ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH. THEY ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTIONS ARE NOT RECOGNIZED OR CAPITALIZED FOR FINANCIAL STATEMENT PURPOSES. THE ESTIMATED FAIR MARKET VALUE OF COLLECTIONS WAS APPROXIMATELY $4,000,000 AT JUNE 30, 2012 AND 2011. | |
| PART V, LINE 4: | THE COLLEGE'S ENDOWMENTS CONSIST OF NUMEROUS INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENTS INCLUDE BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. APPROXIMATELY 86% OF THE FUNDS ARE RESTRICTED FOR FINANCIAL AID PURPOSES, 10% FOR OPERATIONS, AND 4% FOR PHYSICAL PLANT. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -4,275,308. CHANGE IN VALUE OF CHARITABLE TRUST 778,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: -3,497,308. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| CHANGE IN VALUE OF CHARITABLE TRUST 778,000. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| UNREALIZED LOSS ON INVESTMENTS 6,860,841. PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST 4,275,308. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: |
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 | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | Identifier |
| Return Reference | SCHEDULE E, PART I, LINE 3 | ReturnReference |
| Explanation | NEWSPAPER ADVERTISEMENTS | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EUROPE | 0 | 2 | PROGRAM SERVICES | ACADEMIC INSTRUCTION | 569186 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | ACADEMIC INSTRUCTION | 94410 |
| RUSSIA | 0 | 0 | PROGRAM SERVICES | ACADEMIC INSTRUCTION | 79035 |
| CENTRAL AMERICA/CARIBBEAN | 0 | 0 | PROGRAM SERVICES | ACADEMIC INSTRUCTION | 73359 |
| EAST ASIA | 0 | 0 | PROGRAM SERVICES | ACADEMIC INSTRUCTION | 13107 |
| EUROPE | 0 | 0 | PROGRAM SERVICES | FACULTY DEVELOPMENT | 14243 |
| EAST ASIA | 0 | 0 | PROGRAM SERVICES | FACULTY DEVELOPMENT | 2592 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 2 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 2 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 845932 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 845932 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|---|
| SCHOLARSHIPS | EAST ASIA | 3 | 2700 | CREDIT ON ACCOUNT | 0 | BOOK VALUE |
| SCHOLARSHIPS | EUROPE | 29 | 58700 | CREDIT ON ACCOUNT | 0 | BOOK VALUE |
| SCHOLARSHIPS | RUSSIA | 1 | 2100 | CREDIT ON ACCOUNT | 0 | BOOK VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE COLLEGE PROVIDES SCHOLARSHIPS TO STUDENTS AS A CREDIT TO THEIR STUDENT CHARGES OF TUITION, ROOM AND BOARD, AND OTHER FEES RELATED TO THE COST OF ATTENDANCE. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIND OVER MEDIA | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 392 | AddressLine1 |
| City | SEWICKLEY | City |
| State | PA | State |
| ZIP Code | 15143 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CAMPAIGN | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 21911 | AmountRetainedByContractor |
| Net To Organization | -21911 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 21911 | TotalRetainedByContractors |
| Total Net To Organization | -21911 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | IRC SectionIRCSection |
|---|---|---|---|---|---|---|---|
| BOROUGH OF GROVE CITY | |||||||
| PO BOX 110 | GROVE CITY | PA | 16127 | 256000377 | 16666 | CONTRIBUTION | |
| GROVE CITY YMCA | |||||||
| 543 E MAIN ST EXT | GROVE CITY | PA | 16127 | 250995782 | 33500 | CONTRIBUTION | 501(C)(3) |
| IMANI CHRISTIAN ACADEMY | |||||||
| 235 EASTGATE DR | PITTSBURGH | PA | 15235 | 251816131 | 6000 | CONTRIBUTION | 501(C)(3) |
| GEORGE JUNIOR REPUBLIC | |||||||
| 233 GEORGE JUNIOR RD | GROVE CITY | PA | 16127 | 251536204 | 10000 | CONTRIBUTION | 501(C)(3) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 1186 | NumberOfRecipients |
| Amount Of Cash Grant | 5329442 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | BOOK VALUE | MethodOfValuation |
| 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: ALL SCHOLARSHIPS ARE PROVIDED AS A CREDIT TO THE STUDENT TO COVER CHARGES OF TUITION, ROOM AND BOARD, AND OTHER FEES RELATED TO THE COST OF ATTENDANCE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| 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 |
| 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 | 1 | 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 (5 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RICHARD JEWELL JD | |||||||||||||
| 284842 | 0 | 14000 | 0 | 0 | 0 | 10200 | 0 | 44647 | 0 | 353689 | 0 | 0 | 0 |
| ROGER TOWLE | |||||||||||||
| 158334 | 0 | 0 | 0 | 0 | 0 | 8734 | 0 | 10636 | 0 | 177704 | 0 | 0 | 0 |
| THOMAS GREGG | |||||||||||||
| 118325 | 0 | 0 | 0 | 0 | 0 | 4462 | 0 | 31056 | 0 | 153843 | 0 | 0 | 0 |
| WILLIAM ANDERSON PHD | |||||||||||||
| 173480 | 0 | 0 | 0 | 0 | 0 | 6416 | 0 | 23690 | 0 | 203586 | 0 | 0 | 0 |
| JOHN SPARKS | |||||||||||||
| 154620 | 0 | 0 | 0 | 0 | 0 | 7993 | 0 | 9977 | 0 | 172590 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 6 | ReturnReference |
| Explanation | THE PRESIDENT'S BONUS IS DETERMINED EACH YEAR BY CRITERIA SET FORTH BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES INCLUDING SUBJECTS SUCH AS: FUNDRAISING, FINANCIAL PERFORMANCE RELATED TO THE COLLEGE'S OPERATING BUDGET, STRATEGIC PLANNING OUTCOMES, AND ACADEMIC ACCREDITATIONS. THE AWARD IS A PERCENTAGE OF THE BASE COMPENSATION UP TO A MAXIMUM OF 5%. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII (2 entries)
| Name Of Interested PersonNameOfInterestedPerson | Relationship With OrganizationRelationshipWithOrganization | Amount Of GrantAmountOfGrant | Type Of AssistanceTypeOfAssistance |
|---|---|---|---|
| WILLIAM ANDERSON | OFFICER | 12743 | TUITION REMISSION |
| THOMAS GREGG | OFFICER | 19415 | TUITION REMISSION |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| KATHRYN ANDERSON | |||
| SPOUSE OF OFFICER | 13200 | REPORTABLE COMPENSATION | 0 |
| DAVID RATHBURN | |||
| TRUSTEE | 27432 | PAYMENT TO COMPANY (50% OWNER) FOR FLIGHT SERVICES | 0 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | 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 | 389 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | RECEIPTS | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 20 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 728740 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | H/C AVERAGE | MethodOfDeterminingRevenues |
Collectibles Collectibles
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 114 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | EQUIPMENT | 13 | 8110 | RECEIPTS |
| X | EVENT EXPENSES | 2 | 416 | RECEIPTS |
| X | TRAVEL EXPENSES | 13 | 22779 | EXPENSE REPORT/RECEIPTS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| THIRD PARTY USE: | PART I, LINE 32B: | UBS RECEIVES AND SELLS STOCK |
| NON REPORTING OF REVENUE: | PART I, LINE 33: | SCHEDULE M LINE 1 - THE COLLEGE RECEIVED 2 PAINTINGS SCHEDULE M LINE 4 - THE COLLEGE RECEIVED DONATIONS OF 7 BOOKS SCHEDULE M LINE 18 - THE COLLEGE RECEIVED MULTIPLE COLLECTION ITEMS SUCH AS LETTERMAN JACKETS, SORORITY/FRATERNITY MEMORABILIA, SPORTS UNIFORMS, ETC. RELATING TO THE HISTORY OF THE COLLEGE |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, SCHEDULE D, PART V ENDOWMENT FUNDS | THE ENDOWMENT FUNDS WERE RESTATED TO REFLECT CORRECTIONS FOR PRIOR YEAR REPORTING. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORMS 990 AND 99O-T ARE PREPARED BY THE FINANCIAL SERVICES DEPARTMENT, REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCIAL AFFAIRS AS WELL AS THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. UPON THEIR APPROVALS, THE FORMS ARE PROVIDED TO THE ENTIRE BOARD OF TRUSTEES AND THEN REVIEWED AND FILED ELECTRONICALLY WITH THE IRS BY THE COLLEGE'S INDEPENDENT AUDITORS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE COLLEGE'S OFFICERS AND TRUSTEES MUST SUBMIT A QUESTIONNAIRE EACH YEAR BY AUGUST 31ST TO THE CHAIR OF THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES REGARDING POTENTIAL CONFLICTS OF INTEREST. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE VICE PRESIDENT FOR FINANCIAL AFFAIRS PROVIDES THE PRESIDENT OF THE COLLEGE WITH A LIST OF CURRENT COMPENSATION FOR ALL OFFICERS AND THE MEDIAN SALARY OF SIMILAR POSITIONS FROM THE CHRONICLE OF HIGHER EDUCATION AS WELL AS OTHER COMPENSATION SURVEY INFORMATION FOR COMPARABLE COLLEGES AND UNIVERSITIES. THE PRESIDENT THEN REVIEWS THIS INFORMATION AND MAKES COMPENSATION RECOMMENDATIONS FOR THE SIX VICE PRESIDENTS TO THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT'S RECOMMENDATIONS AND DETERMINES THE COMPENSATION FOR THE ENSUING YEAR FOR EACH VICE PRESIDENT AND REPORTS THEIR DECISION TO THE BOARD OF TRUSTEES. THE COMPENSATION OF THE PRESIDENT IS REVIEWED WITH THE SAME COMPARABLE SURVEY INFORMATION, DETERMINED, AND APPROVED BY THE EXECUTIVE COMMITTEE AND THEN REVIEWED WITH AND APPROVED BY THE FULL BOARD OF TRUSTEES. THE APPROVAL OF SUCH COMPENSATION IS DOCUMENTED IN BOTH THE MINUTES OF THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. THIS PROCESS IS UNDERTAKEN ANNUALLY FOR THE FOLLOWING POSITIONS (LAST UNDERTAKEN IN MAY 2012): PRESIDENT VICE PRESIDENT FOR ACADEMIC AFFAIRS AND PROVOST VICE PRESIDENT AND CHIEF INFORMATION OFFICER VICE PRESIDENT FOR OPERATIONS VICE PRESIDENT FOR STUDENT LIFE AND LEARNING VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT VICE PRESIDENT FOR FINANCIAL AFFAIRS | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE NOT PUBLICLY DISTRIBUTED BUT ARE AVAILABLE UPON REQUEST. THE SUMMARY FINANCIAL INFORMATION IS PUBLISHED ANNUALLY IN THE COLLEGE'S ANNUAL REPORT. THE COLLEGE MAKES FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST AS REQUIRED UNDER THE PUBLIC DISCLOSURE LAW. | |
| FORM 990, PART VIII, LINE 1H | CHANGES IN PLEDGES AND CONTRIBUTIONS RECEIVABLE ARE NETTED AGAINST CONTRIBUTIONS REVENUE FOR FINANCIAL STATEMENT PRESENTATION. THE TOTAL CONTRIBUTIONS OF $12,622,534 REPORTED ON PART VIII, LINE 1H WERE LOWER THAN THE DETAILED CONTRIBUTIONS OVER $5,000 REPORTED ON SCHEDULE B DUE TO THE RECEIPT OF PRIOR YEAR PLEDGES AND CONTRIBUTIONS RECEIVABLE. FOR THE YEAR ENDING JUNE 30, 2012, PLEDGES RECEIVABLE DECREASED APPROXIMATELY $1,400,000 AND CONTRIBUTIONS RECEIVABLE ALSO DECREASED APPROXIMATELY $1,400,000 FOR A TOTAL DECREASE AGAINST CONTRIBUTIONS REVENUE OF $2,800,000. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -6,860,841. PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -4,275,308. CHANGE IN VALUE OF CHARITABLE TRUST 778,000. TOTAL TO FORM 990, PART XI, LINE 5: -10,358,149. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THERE WERE NO SIGNIFICANT CHANGES FROM THE PRIOR YEAR IN THE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT. |