MARANATHA BAPTIST UNIVERSITY INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: MARANATHA BAPTIST UNIVERSITY INC (EIN 39-1097032)
Tax period: 2010-07-01 to 2011-06-30
Filed: 2012-05-11
IRS object ID: 201211329349303521
Schema version: 2010v3.4
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 G
Schedule I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-11T20:31:55-00:00	Timestamp
Tax Period End Date	2011-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Corey A Pfaffe CPA LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	611 OConnell St	AddressLine1
City	Watertown	City
State	WI	State
ZIP Code	53094	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	391097032	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MARANATHA BAPTIST BIBLE COLLEGE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MARA	NameControl
Phone	9202062314	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	745 WEST MAIN STREET	AddressLine1
City	WATERTOWN	City
State	WI	State
ZIP Code	530947638	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Mark Stevens	Name
Title	Business Manager	Title
Date Signed	2012-05-11	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Corey Pfaffe	Name
Phone	9202617012	Phone
Date Prepared	2012-05-11	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	MR MARK STEVENS	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	745 WEST MAIN STREET	AddressLine1
City	WATERTOWN	City
State	WI	State
ZIP Code	53094	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	15545381	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.MBBC.EDU	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1968	YearFormation
State Legal Domicile	WI	StateLegalDomicile
Activity Or Mission Description	THE COLLEGE TRAINS MEN AND WOMEN FOR EFFECTIVE GOSPEL MINISTRY IN THE LOCAL CHURCH THROUGH A HIGHER EDUCATIONAL PROGRAM OF BIBLICAL, GENERAL, AND PROFESSIONAL STUDIES. THE COLLEGE TRAINS MEN AND WOMEN FOR EFFECTIVE GOSPEL MINISTRY IN THE LOCAL CHURCH THROUGH A HIGHER EDUCATIONAL PROGRAM OF BIBLICAL, GENERAL, AND PROFESSIONAL STUDIES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	20	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	15	NbrIndependentVotingMembers
Total Nbr Employees	752	TotalNbrEmployees
Total Nbr Volunteers	21	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	600493	ContributionsGrantsPriorYear
Contributions Grants Current Year	492431	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	12883928	ProgramServiceRevenuePriorYear
Program Service Revenue CY	14301627	ProgramServiceRevenueCY
Investment Income Prior Year	4397	InvestmentIncomePriorYear
Investment Income Current Year	42494	InvestmentIncomeCurrentYear
Other Revenue Prior Year	561999	OtherRevenuePriorYear
Other Revenue Current Year	520070	OtherRevenueCurrentYear
Total Revenue Prior Year	14050817	TotalRevenuePriorYear
Total Revenue Current Year	15356622	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	466995	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	759820	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	8361630	SalariesEtcPriorYear
Salaries Etc Current Year	8847111	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	254217	TotalFundrsngExpCurrentYear
Other Expense Prior Year	5333324	OtherExpensePriorYear
Other Expenses Current Year	5316978	OtherExpensesCurrentYear
Total Expenses Prior Year	14161949	TotalExpensesPriorYear
Total Expenses Current Year	14923909	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-111132	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	432713	RevenuesLessExpensesCY
Total Assets BOY	21794624	TotalAssetsBOY
Total Assets EOY	22207092	TotalAssetsEOY
Total Liabilities BOY	12612486	TotalLiabilitiesBOY
Total Liabilities EOY	12173167	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	9182138	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	10033925	NetAssetsOrFundBalancesEOY
Mission Description	THE COLLEGE TRAINS MEN AND WOMEN FOR EFFECTIVE GOSPEL MINISTRY IN THE LOCAL CHURCH THROUGH A HIGHER EDUCATIONAL PROGRAM OF BIBLICAL, GENERAL, AND PROFESSIONAL STUDIES.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	12095358	Expense
Grants	759820	Grants
Revenue	14864191	Revenue
Description	THE SOLE PROGRAM SERVICE ACTIVITY IS THE OPERATION OF A BIBLE COLLEGE AND HIGH SCHOOL 900 STUDENTS. ALL ACTIVITIES ARE DIRECTLY RELATED TO THIS PURPOSE. THE COLLEGE PRINTS PROMOTIONAL MATERIALS, A COURSE CATALOG, AND TWO EDITIONS OF A MAGAZINE ANNUALLY.	Description
Total Program Service Expense	12095358	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	true	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	true	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	true	GrantToRelatedPerson
Bsnss Rltnshp With Organization	true	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	33	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	752	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	true	QuidProQuoContributions
Quid Pro Quo Disclosure	true	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	20	NbrVotingGoverningBodyMembers
Number Independent Voting Members	15	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	WI	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	MR MARK STEVENS	NamePerson
Telephone Number	9202062314	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	745 WEST MAIN STREET	AddressLine1
City	WATERTOWN	City
State	WI	State
ZIP Code	53094	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (21 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
DR MARTY MARRIOTT
PRESIDENT	040.00	X	X	52444	0	51000
MR MARK STEVENS
VP BUSINESS AFFAIRS	040.00		X	58763	0	16500
DR DOUG JACKSON
CHAIRMAN	002.00	X		0	0	0
DR MICHAEL DEAN
VICE-CHAIRMAN	002.00	X		352	0	0
DR ROBERT LOGGANS
SECRETARY	002.00	X		2298	0	0
MR JAMES HUIZINGA
TREASURER	002.00	X		0	0	0
DR RON ALLEN
TRUSTEE	002.00	X		0	0	0
MR DARRELL BEERNINK
TRUSTEE	002.00	X		0	0	0
DR GREG MCLAUGHLIN
TRUSTEE	002.00	X		0	0	0
DR WILLIAM LINCOLN
TRUSTEE	002.00	X		0	0	0
MR KEVIN AMES SR
TRUSTEE	002.00	X		0	0	0
DR MICHAEL STOLTENBERG
TRUSTEE	002.00	X		0	0	0
DR JOHN MCLARIO
TRUSTEE	002.00	X		0	0	0
DR DALE OSKEY
TRUSTEE	002.00	X		0	0	0
MR STEVEN BOARD
TRUSTEE	002.00	X		0	0	0
MR MARK POORMAN
TRUSTEE	002.00	X		0	0	0
DR TIM RADER
TRUSTEE	002.00	X		0	0	0
DR ANDY COUNTERMAN
TRUSTEE	002.00	X		0	0	0
DR ERIC LOMAX
TRUSTEE	002.00	X		0	0	0
MR JOHN PHILLIPS
TRUSTEE	002.00	X		0	0	0
MR DAVID BALDWIN
TRUSTEE	002.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	113857	TotalReportableCompFromOrg
Total Other Compensation	67500	TotalOtherCompensation
Number Individuals GT100 K	1	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
Pioneer College Caterers Inc
303 Glenrose Avenue	Nashville	TN	37210	Food Service	908943
Arthur Gallagher Risk Management Services
PO Box 71965	Chicago	IL	606941965	Insurance Agency	169739
Jenzabar
PO Box 845939	Boston	MA	022845939	Enterprise Software and Training	119342

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K
Fundraising Events	11774	FundraisingEvents
All Other Contributions	480657	AllOtherContributions
Total Contributions	492431	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES	900099	10232588	10232588
ROOM AND BOARD	721310	3381364	3381364
DAYCARE/PRESCHOOL	624410	518765	518765
ATHLETIC CAMPS	713990	112916	112916
PIANO STRING PREPARATORY	711190	55994	55994

Field	Value	IRS element (for citing)
Total Program Service Revenue	14301627	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	42494	TotalRevenueColumn
Exclusion	$42,494	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	12716	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	11774	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	12716	FundraisingDirectExpenses
Gross Sales Of Inventory	178732	GrossSalesOfInventory
Cost Of Goods Sold	176043	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	2689	TotalRevenueColumn
Related Or Exempt Function Income	2689	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
DOUBTFUL ACCOUNTS RECOVERY	900099	1797	1797
MISCELLANEOUS	900099	515584	515584

Field	Value	IRS element (for citing)
Total Other Revenue	517381	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	15356622	TotalRevenueColumn
Related Or Exempt Function Income	14821697	RelatedOrExemptFunctionIncome
Exclusion	$42,494	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	759820	Total
Program Services	759820	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	191373	Total
Management And General	191373	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	5993462	Total
Program Services	4975505	ProgramServices
Management And General	1017957	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	145021	Total
Program Services	145021	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	2181680	Total
Program Services	1768050	ProgramServices
Management And General	413630	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	335575	Total
Program Services	271588	ProgramServices
Management And General	63987	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	3202	Total
Management And General	3202	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	20766	Total
Management And General	20766	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	0	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	19229	Total
Program Services	19229	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	296374	Total
Program Services	100767	ProgramServices
Management And General	195607	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	533222	Total
Program Services	533222	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	0	Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	0	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	667812	Total
Management And General	667812	ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	664021	Total
Program Services	664021	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	0	Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	FundraisingFundraising
Instruction	1177088	1177088
Academic Support	252156	252156
Student Services	526610	526610
Institutional Support	530602	276385	254217
Room Board, Camps, Daycare, Other	625896	625896

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	0	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	14923909	Total
Program Services	12095358	ProgramServices
Management And General	2574334	ManagementAndGeneral
Fundraising	254217	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	618149	BOY
EOY	939222	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	22736	BOY
EOY	19390	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	81048	BOY
EOY	132398	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	19952	BOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	55699	BOY
EOY	62742	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	25599	BOY
EOY	3124	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	28365677	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	10648688	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	17932680	BOY
EOY	17716989	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	1398677	BOY
EOY	1669228	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1640084	BOY
EOY	1663999	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	21794624	BOY
EOY	22207092	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	125503	BOY
EOY	179972	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	20813	BOY
EOY	199787	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	10602778	BOY
EOY	10054662	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1863392	BOY
EOY	1738746	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	12612486	BOY
EOY	12173167	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	7824103	BOY
EOY	8447936	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1147066	BOY
EOY	1363604	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	210969	BOY
EOY	222385	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	9182138	BOY
EOY	10033925	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	21794624	BOY
EOY	22207092	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	432713	ReconcilationRevenueExpenses
Reconcilation Other Changes	419074	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School170b1 Aii	X	School170b1Aii
Public Support Pertcentage170	0.00000	PublicSupportPertcentage170
Public Support Percentage509	0.00000	PublicSupportPercentage509
Investment Income Percentage	0.00000	InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Included On FS	false	IncludedOnFS

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1358036	BeginningOfYearBalance
Contributions	438296	Contributions
Investment Earnings Or Losses	276288	InvestmentEarningsOrLosses
Grants Or Scholarships	60205	GrantsOrScholarships
Other Expenditures	409559	OtherExpenditures
Administrative Expenses	16867	AdministrativeExpenses
End Of Year Balance	1585989	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1336839	BeginningOfYearBalance
Contributions	520675	Contributions
Investment Earnings Or Losses	145752	InvestmentEarningsOrLosses
Grants Or Scholarships	33870	GrantsOrScholarships
Other Expenditures	481600	OtherExpenditures
Administrative Expenses	129760	AdministrativeExpenses
End Of Year Balance	1358036	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1358480	BeginningOfYearBalance
Contributions	516354	Contributions
Investment Earnings Or Losses	-70268	InvestmentEarningsOrLosses
Other Expenditures	467727	OtherExpenditures
End Of Year Balance	1336839	EndOfYearBalance

Field	Value	IRS element (for citing)
Permanent Endowment EOY Balance	0.14000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.86000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	117000	InvestmentCostOrOtherBasis
Book Value	117000	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	28248677	OtherCostOrOtherBasis
Depreciation	11039208	Depreciation
Book Value	17599989	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	17716989	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
LIBRARY HOLDINGS	1513934
NET CAPITALIZED CLOSING COSTS	150065

Field	Value	IRS element (for citing)
Total Book Value Other Assets	1663999	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (7 entries)

DescriptionDescription	AmountAmount
ACCRUED SALARIES WAGES	$193,939
CLAIMS PAYABLE	$65,645
DEFERRED COMPENSATION PAYABLE	$76,229
DERIVATIVE LIABILITY	$1,020,882
STUDENT AGENCY FUNDS	$28,535
STUDENT DEPOSITS	$353,519
ADJUSTMENT	-$3

Field	Value	IRS element (for citing)
Total Of Amounts	1738746	TotalOfAmounts
Total Revenue	15356622	TotalRevenue
Total Expenses	14923909	TotalExpenses
Excess Or Deficit For Year	432713	ExcessOrDeficitForYear
Net Unrealized GL On Investments	243365	NetUnrealizedGLOnInvestments
Other	$175,711	OtherAmount
Total Adjustments	419076	TotalAdjustments
Excess Or Deficit Per FS	851789	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	15764255	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	243365	NetUnrealizedGainsInvestments
Other Revenues	176043	OtherRevenues
Revenue Not Rptd F990	419408	RevenueNotRptdF990
Revenue Subtotal	15344847	RevenueSubtotal
Other Revenues Not Included	11775	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	11775	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	15356622	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	14912467	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	-11442	OtherExpensesIncluded
Expenses Not Rptd F990	-11442	ExpensesNotRptdF990
Expenses Subtotal	14923909	ExpensesSubtotal
Total Expenses Per Form990	14923909	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
V	4	--In accordance with donor restrictions, the funds will be used for these intended purposes scholarships, Alumni Funds, Builders Club Projects, Buildings, Grounds, Equipment, Athletics, Auditorium Capital campaign, Caring for our Students
XI	8	-- Income on Derivative Valuation
XII	2d	-- Bookstore and coffee shop expenses of 101,294 and 74,749, respectively, are reported as expenditures on the audited statement of activities.
XII	4b	-- Contributions of 11,774 from the golf outing are netted with institutional expenses in the audited financial statements. A 1 rounding adjustment is also included.
XIII	2d	-- Bookstore and coffee shop expenses of 101,294 and 74,749, respectively, are reported as expenditures on the audited statement of activities. Income from derivative of 175,711 is reported on the audited statement of activities.Golf outing contributions of 11,774 are netted with expenditures in the audited statement of activities.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	true	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	true	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	true	PolicyPublViaBroadcastMedia
Maint Racial Composition Records	true	MaintRacialCompositionRecords
Maint Scholarships Records	true	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	true	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	true	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	false	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	false	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	false	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	false	DiscriminateRaceScholarships
Discriminate Race Educ Policies	false	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	false	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	false	DiscriminateRaceOtherActy
Government Financial Aid Received	false	GovernmentFinancialAidReceived
Government Financial Aid Revoked	false	GovernmentFinancialAidRevoked
Compliance With Rev Proc7550	true	ComplianceWithRevProc7550

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	Golf Outing	NameOfEvent1
Gross Receipts Event1	24490	GrossReceiptsEvent1
Charitable Contributions Event1	11774	CharitableContributionsEvent1
Gross Revenue Event1	12716	GrossRevenueEvent1
Non Cash Prizes Event1	5377	NonCashPrizesEvent1
Rent Facility Costs Event1	5386	RentFacilityCostsEvent1
Food And Beverage Event1	779	FoodAndBeverageEvent1
Other Direct Expenses Event1	1174	OtherDirectExpensesEvent1
Gross Receipts Total	24490	GrossReceiptsTotal
Charitable Contributions Total	11774	CharitableContributionsTotal
Gross Revenue Total Events	12716	GrossRevenueTotalEvents
Non Cash Prizes Total Events	5377	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	5386	RentFacilityCostsTotalEvents
Food And Beverage Total Events	779	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	1174	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	12716	DirectExpenseSummaryEvents

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	Tuition Scholarships	TypeOfGrant
Number Of Recipients	579	NumberOfRecipients
Amount Of Cash Grant	759820	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	I	Identifier
Return Reference	2	ReturnReference
Explanation	-- The Institutions scholarship committee awards scholarships on a non-discriminatory basis, considering academic qualifications.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part III Form990ScheduleLPartIII

Field	Value	IRS element (for citing)
Name Of Interested Person	Family Members of Trustees	NameOfInterestedPerson
Relationship With Organization	Family Members of Trustees	RelationshipWithOrganization
Amount Of Grant	19816	AmountOfGrant

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Brynley Dean
Family Member of Michael Dean, Trustee	24055	Employment	false
Pamela Loggans
Family Member of Robert Loggans, Trustee	22010	Employment	false
Noah Lomax
Family Member of Eric Lomax, Trustee	26247	Employment	false

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part VI	11a	-- The 990 is reviewed internally by the controller and VP of Business Affairs.
Form 990 Part VI	19	-- The documents are made available to employees through the employee intranet and to others upon request.
Form 990 Part XI	5	-- Income from Derivative of 175,711 and Unrealized Investment Gain of 243,365 are reported on the audited Financial Statements. A rounding adjustment of 2 is also included.
		Form 990 Part VI Section B Line 11a -- The 990 is reviewed internally by the controller and VP of Business Affairs. Form 990 Part VI Section C Line 19 -- The documents are made available to employees through the employee intranet and to others upon request. Form 990 Part XI Line 5 -- Income from Derivative of 175,711 and Unrealized Investment Gain of 243,365 are reported on the audited Financial Statements. A rounding adjustment of 2 is also included.