2012-03-31T06:10:02-07:00 2011-05-31 ALAN K GEER PA CPAs 7401 Temple Terrace Hwy Suite D Tampa FL 33637 990 2010-06-01 590737882 FLORIDA COLLEGE INC FLOR 8139885131 119 N GLEN ARVEN AVE TEMPLE TERRACE FL 33617 HARRY E PAYNE JR 2012-03-31 ALAN K GEER CPA 8139889564 2010 2016-02-24 21:20:13Z 18459538 false false X www.floridacollege.edu X 1946 FL A FULLY ACCREDITED FOUR YEAR LIBERAL ARTS COLLEGE AND ACADEMY FOR GRADES K-9. 16 16 340 300 370832 -10957 3172989 4217478 9266983 9527829 40764 277683 217353 162113 12698089 14185103 1955769 2100480 0 5865584 6169073 0 308633 6166744 5924769 13988097 14194322 -1290008 -9219 44215295 45468685 13085612 12276281 31129683 33192404 FLORIDA COLLEGE, AS A PRIVATE, INDEPENDENT LIBERAL ARTS COLLEGE, PROVIDES A COMPREHENSIVE UNDERGRADUATE EXPERIENCE DESIGNED TO DEVELOP STUDENTS SPIRITUALLY, MENTALLY, PHYSICALLY, AND SOCIALLY; TO INTEGRATE INTO THE STUDENTS' LIVES THE BIBLE AS THE REVEALED WILL OF GOD; AND TO PREPARE STUDENTS FOR LIVES OF SERVICE TO THEIR CREATOR AND TO HUMANITY. false false 10833604 2100480 9527829 OPERATION AND MAINTENANCE OF A FULLY ACCREDITED FOUR YEAR LIBERAL ARTS COLLEGE AND ACADEMY FOR GRADES K-9. 10833604 true true false false false false true true true true true false false false true false true false true false false false false false true false false false true false false false false false false false false false false false false true false false false false false false false false false true 27 0 true 340 true true true false false false false false false true true false 0 false false false false false false false false false false false X 16 16 false false false false false false false true true false false false true true true true true true false false false false X X RONALD STACKPOLE 8139885131 119 N GLEN ARVEN TEMPLE TERRACE FL 33617 WILLIAM T SMITH 1.00 X 0 0 0 TIM A SLONE 1.00 X 0 0 0 STEPHEN T WILSHER 1.00 X 0 0 0 R DAVID CARROZZA 1.00 X 0 0 0 PAUL W GREIVING 40.00 X 48086 0 0 PAUL B COOK 1.00 X 0 0 0 OLEN E BRITNELL 1.00 X 0 0 0 LARRY R COFFEY 1.00 X 0 0 0 KEVIN E HYDE 1.00 X 0 0 0 JOSEPH P HAMMONTREE 1.00 X 0 0 0 J BRADLEY CAVENDER 1.00 X 0 0 0 HARRY E PAYNE JR 40.00 X 130559 0 0 H GLENN HENDERSON 1.00 X 0 0 0 DOUG NORTHCUTT 40.00 X 81640 0 0 DAVID M COOPER 1.00 X 0 0 0 DANNY L LITTELL 1.00 X 0 0 0 DANIEL N BURTON 1.00 X 0 0 0 CHARLES F NOWLIN SR 1.00 X 0 0 0 A WALLACE HAYES 1.00 X 0 0 0 260285 1 false false false CONSTRUCTION ADVISORY SOLUTIONS 1824 VENETIAN POINT DR CLEARWATER FL 33755 PROPERTY MAINTENANCE 555880 ARAMARK 119 N GLEN ARVEN AVE TEMPLE TERRACE FL 33617 FOOD SERVICES 799782 2 26000 4191478 168140 4217478 TUITION & FEES 611600 6482937 6482937 RESIDENCE HALLS RENTALS 611710 1232388 1232388 FOOD SERVICE 611710 1129786 1129786 BOOKSTORE SALES 451211 682718 311886 370832 9527829 913026 913026 0 0 70933 28824 42109 42109 42109 3129042 413334 3728722 448997 -599680 -35663 -635343 -635343 100000 26000 67892 32108 32108 0 0 MISC INCOME 611710 87896 87896 87896 14185103 9564685 370832 32108 0 2100480 2100480 0 0 260284 130142 81339 48803 0 4722076 3459615 1104353 158108 234212 234212 571261 421779 123290 26192 381240 264255 101120 15865 0 864 864 33417 33417 0 0 54072 54072 34039 11100 22939 16231 11141 5090 346202 134545 178096 33561 67839 3087 64752 0 656728 477374 179354 38535 10342 27778 415 0 68654 37009 25477 6168 533581 363621 169960 0 990952 712602 277277 1073 305497 187485 118012 SPORTS 121461 121461 MISCELLANEOUS 170660 26455 134371 9834 MAINTENANCE & REPAIR 652747 553420 99327 FOOD SERVICE - FOOD COST 789347 789347 BOOKSTORE COST OF GOODS SOLD 479458 479458 564485 304674 251197 8614 14194322 10833604 3052085 308633 526323 805143 1219612 717107 960097 1136069 285892 274128 0 0 527384 506077 257665 273815 177310 207200 36511527 7161233 29986493 29350294 9050330 10930714 1028733 1056576 0 0 195456 211562 44215295 45468685 994655 914563 301226 470435 671006 683703 9914334 9712916 1000000 204391 494664 13085612 12276281 X 13099240 13244293 3642284 4289048 14388159 15659063 31129683 33192404 44215295 45468685 X -9219 2071940 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 30 1 false false 150000 X X X false false true 14388159 142312 1970489 373516 414315 54066 15659063 13287579 150839 1688724 370685 330913 37385 14388159 16755250 116372 -2938320 257985 360932 26806 13287579 1.00000 false false false 988000 270201 1258201 27075220 3375526 23699694 3227201 2168652 1058549 4950905 1617055 3333850 29350294 STUDENT PREPAYMENTS AND DEPOSITS 260452 RETIREMENT LIABILITIES 234212 494664 14185103 14194322 -9219 1961940 110000 2071940 2062721 16279422 1961940 1961940 14317482 -132379 -132379 14185103 14216701 -110000 132379 22379 14194322 14194322 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S BANQUET EXPENSES NETTED WITH REVENUE $67892 LOSS ON ASSET DISPOSAL NETTED WITH GAIN $35663 RENTAL EXPENSES NETTED WITH RENTAL REV $28824 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Prior Period Adj-Books expensed last yr/capitalized this yr $110000 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. THE ENDOWMENT FUNDS ARE USED FOR OPERATING ACTIVITIES AND SCHOLARSHIPS. Part IV, Line 2b Part IV, Line 2b: Explanation of escrow account liability THE ORGANIZATION HOLDS FUNDS FOR VARIOUS COLLEGE RELATED ORGANIZATIONS AND CLUBS TOTALING $86,546. THE ORGANIZATION ALSO HOLDS PERKINS FEDERAL STUDENT LOAN FUNDS TOTALING $592,791 AND ROTARY LOAN FUNDS TOTALING $4,366. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. THE ORGANIZATION'S COLLECTION CONSISTS OF HISTORICAL BOOKS AND LITERATURE IN THE LIBRARY THAT IS AVAILABLE FOR PUBLIC EXHIBITION AND AIDS BIBLICAL AND SCHOLARLY RESEARCH. true true false true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized SCHOOL USES NO NEWSPAPER OR BROADCAST ADVERTISING. Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency STUDENT FINANCIAL AID SUCH AS FEDERAL NDSL (PERKINS) LOAN PROGRAM, PELL GRANTS, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS, STAFFORD & PLUS LOANS, AND VARIOUS FLORIDA STATE SCHOLARSHIPS. X X X X X X false FL BUSINESS BANQUET 126000 26000 100000 41681 26211 126000 26000 100000 41681 26211 67892 32108 true X 0 0 STUDENT SCHOLARSHIPS 403 2100480 Grantmaker's Description of How Grants are Used SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON NEED, ACADEMIC PERFORMANCE, AND/OR ENROLLMENT STATUS. SATISFACTORY ACADEMIC PROGRESS (SAP) IS THE MEANS USED TO MONITOR THE SCHOLARSHIPS AWARDED. SAP MEASURES BOTH QUALITATIVE AND QUANTITATIVE PROGRESS. THE AWARDS ARE USED FOR TUITION, ROOM, AND BOARD. X 21634 FAIR MKT VALUE X 815 FAIR MKT VALUE X 7 123480 FAIR MKT VALUE X COMPUTERS 7 12825 FAIR MKT VALUE X ICE CREAM MACHI 1 8000 FAIR MKT VALUE X AIRLINE TICKETS 2 635 FAIR MKT VALUE X 17' CANOE 1 700 FAIR MKT VALUE X PLANTS 5 51 FAIR MKT VALUE false false false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABE TO THE PUBLIC UPON REQUEST. THE 990 IS MADE AVAILABE TO THE PUBLIC THROUGH ANOTHER'S WEBSITE AND UPON REQUEST. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts SECTION 2.2 OF THE POLICY REQUIRES EACH DIRECTOR AND PRINCIPAL OFFICER TO COMPLETE AND SIGN ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE AND SUBMIT THAT TO THE CHAIR OF THE BOARD. IN ADDITION, EACH DIRECTOR OR PRINCIPAL OFFICER SHALL DISCLOSE TO THE BOARD OF DIRECTORS ANY CONFLICT OF INTEREST AT ANY TIME SUCH INTEREST BECOMES A MATTER OF BOARD ACTION. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process THE 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND THEN REVIEWED BY THE CONTROLLER AND THE ACCOUNTANT OF THE SCHOOL BEFORE ITS FINAL COMPLETION. THEN, THE 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN.