COVENANT COLLEGE INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- COVENANT COLLEGE INC (EIN 43-0719506)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201221379349301307
- 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 J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T14:37:06-05:00 | 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 | HAZLETT LEWIS & BIETER PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 537 MARKET STREET SUITE 300 | AddressLine1 |
| City | CHATTANOOGA | City |
| State | TN | State |
| ZIP Code | 374021239 | 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 | 430719506 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COVENANT COLLEGE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COVE | NameControl |
| Phone | 7068201560 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14049 SCENIC HIGHWAY | AddressLine1 |
| City | LOOKOUT MOUNTAIN | City |
| State | GA | State |
| ZIP Code | 30750 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFF HALL | Name |
| Title | CHIEF ACADEMIC OFFICER&INTERIM CFO | Title |
| Phone | 7068201560 | Phone |
| Date Signed | 2012-05-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SUSAN F KLAPMAN | Name |
| Phone | 4237566133 | Phone |
| Date Prepared | 2012-05-09 | DatePrepared |
| 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) |
|---|---|---|
| Amended Return | X | AmendedReturn |
| Name Of Principal Officer Person | JEFF HALL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14049 SCENIC HIGHWAY | AddressLine1 |
| City | LOOKOUT MOUNTAIN | City |
| State | GA | State |
| ZIP Code | 30750 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 42305248 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.COVENANT.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1955 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | HIGHER EDUCATION | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 28 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1099 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 937196 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -195122 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 9285638 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3910600 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 33564476 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 32567738 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 475953 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1249731 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 601005 | OtherRevenuePriorYear |
| Other Revenue Current Year | 543476 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 43927072 | TotalRevenuePriorYear |
| Total Revenue Current Year | 38271545 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 11157129 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 11849521 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15760442 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 15471250 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 30000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 15000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1848700 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12859222 | OtherExpensePriorYear |
| Other Expenses Current Year | 11638988 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 39806793 | TotalExpensesPriorYear |
| Total Expenses Current Year | 38974759 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4120279 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -703214 | RevenuesLessExpensesCY |
| Total Assets BOY | 66689991 | TotalAssetsBOY |
| Total Assets EOY | 67115603 | TotalAssetsEOY |
| Total Liabilities BOY | 4972185 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 3973230 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 61717806 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 63142373 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO EXPLORE AND EXPRESS THE PREEMINENCE OF JESUS CHRIST IN ALL THINGS. TO EDUCATE CHRISTIANS TO ENGAGE CULTURE AND CULTURES, TO EXAMINE AND UNFOLD CREATION, AND TO PURSUE BIBLICAL JUSTICE AND MERCY IN COMMUNITY. WITH THE STUDENT-FACULTY RELATIONSHIP AND STRONG TEACHING AND SCHOLARSHIP AT THE FOUNDATION, OUR CHRIST-CENTERED COMMUNITY SEEKS TO HELP STUDENTS MATURE IN THREE PRIMARY AREAS: IDENTITY IN CHRISTBIBLICAL FRAME OF REFERENCESERVICE THAT IS CHRIST-LIKE | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 19567548 | Expense |
| Grants | 11131167 | Grants |
| Revenue | 26005651 | Revenue |
| Description | INSTRUCTIONAL EXPENSES DIRECTLY RELATED TO THE ACADEMIC DISCIPLINES OF THE COLLEGE | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1763792 | Expense |
| Description | ACADEMIC SUPPORT DEPARTMENTS | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6072117 | Expense |
| Revenue | 209746 | Revenue |
| Description | STUDENT SERVICE DEPARTMENTS AND SCHOLARSHIPS AND GRANTS | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | DescriptionDescription | RevenueRevenue |
|---|---|---|
| 1731332 | LIBRARY AND PUBLIC SERVICE DEPARTMENTS | |
| 3574477 | AUXILIARIES - ROOM AND BOARD | 5626926 |
| 1132318 | INDEPENDENT OPERATIONS FOR PROFIT BUSINESSES REPORTED ON FORM 990-T |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 6438127 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 5626926 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 33841584 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | 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 | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | 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 | 112 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1099 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 28 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 1 | 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 | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT HARBERT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7064191116 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14049 SCENIC HWY | AddressLine1 |
| City | LOOKOUT MTN | City |
| State | GA | State |
| ZIP Code | 30750 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per WeekAverageHoursPerWeek | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| T MARCH BELL | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| JOEL BELZ | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| RICHARD T BOWSER | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| WILLIAM P BURDETTE | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DAVID F BYERS | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR J RENDER CAINES | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| CHARLES R COX | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR ROBERT DAVIS | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| GARY HALUSKA | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR BRADLEY M HARRIS | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DUNCAN HIGHMARK | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| REV WILLIAM YONG JIN | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| JAMES JOLLY | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| REV MICHAEL L JONES | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| MARTIN A MOORE | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| REV A RANDY NABORS | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| STEPHEN NIELSON | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR ROBERT A PETTERSON | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| PETER B POLK | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR ROBERT S RAYBURN | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DONALD E RITTLER | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| MARK GRIGGS | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR DAVID ROUNTREE | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| TIMOTHY PAPPAS | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR A CRAIG TROXEL | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| REV JULIAN RUSSELL | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| REV STEVE SMALLMAN | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| R CRAIG WOOD | |||||||
| TRUSTEE | X | 0 | 0 | 0 | |||
| DR NIEL NIELSON | |||||||
| PRESIDENT | 127186 | 0 | 99810 | 40.00 | X | ||
| BRAD VOYLES | |||||||
| VP STUDENT DEVELOPMENT | 91279 | 0 | 9497 | 40.00 | X | ||
| TROY DUBLE | |||||||
| VP OF ADVANCEMENT | 113440 | 0 | 9737 | 40.00 | X | ||
| DR JEFFREY HALL | |||||||
| VP ACADEMIC AFFAIRS | 115626 | 0 | 9497 | 40.00 | X | ||
| JAMES DREXLER | |||||||
| CHAIR OF ED DEPT | 91729 | 0 | 101415 | 40.00 | X | ||
| KEVIN EAMES | |||||||
| DIR OF INST RESEARCH | 113410 | 0 | 9465 | 40.00 | X | ||
| ANTONIO CHIARELI | |||||||
| PROF OF SOCIOLOGY | 119207 | 0 | 9484 | 40.00 | X | ||
| OLIVER TRIMIEW | |||||||
| PROF OF INTERDISCIPLINARY | 104183 | 0 | 41700 | 40.00 | X | ||
| GINNER HUDSON | |||||||
| DEAN OF ORGANIZATIONAL MGMT | 117879 | 0 | 9497 | 40.00 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 902210 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 198687 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CHARTWELLS DINING SERVICES | |||||
| PO BOX 91337 | CHICAGO | IL | 60693 | FOOD SERVICE | 2306398 |
| SKH CONSTRUCTION ENTERPRISES LLC | |||||
| 409 HARPER ST | CHATTANOOGA | TN | 30405 | CONSTRUCTION | 440407 |
| P&C CONSTRUCTION INC | |||||
| 2500 EAST 18TH ST | CHATTANOOGA | TN | 37404 | CONSTRUCTION | 115980 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| Government Grants | 388513 | GovernmentGrants |
| All Other Contributions | 3522087 | AllOtherContributions |
| Noncash Contributions | 28751 | NoncashContributions |
| Total Contributions | 3910600 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & FEES | 900099 | 26005651 | 26005651 | |
| ROOM & BOARD CHARGES | 721310 | 5626926 | 5626926 | |
| CONFERENCE PROGRAM INC | 721110 | 935161 | 935161 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 32567738 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 300249 | TotalRevenueColumn |
| Unrelated Business Revenue | 2035 | UnrelatedBusinessRevenue |
| Exclusion | $298,214 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 155344 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 155344 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 155344 | TotalRevenueColumn |
| Exclusion | $155,344 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4983185 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4033703 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 949482 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 949482 | TotalRevenueColumn |
| Exclusion | $949,482 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| MISCELLANEOUS FEE INCO | 611710 | 209746 | 209746 | |
| INTEREST ON A/R | 900000 | 178386 | $178,386 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 388132 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 38271545 | TotalRevenueColumn |
| Related Or Exempt Function Income | 31842323 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 937196 | UnrelatedBusinessRevenue |
| Exclusion | $1,581,426 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30000 | Total |
| Program Services | 30000 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11819521 | Total |
| Program Services | 11819521 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 598368 | Total |
| Program Services | 247146 | ProgramServices |
| Management And General | 217103 | ManagementAndGeneral |
| Fundraising | 134119 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11958727 | Total |
| Program Services | 10198277 | ProgramServices |
| Management And General | 1089070 | ManagementAndGeneral |
| Fundraising | 671380 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 131485 | Total |
| Program Services | 111137 | ProgramServices |
| Management And General | 13927 | ManagementAndGeneral |
| Fundraising | 6421 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1979150 | Total |
| Program Services | 1761489 | ProgramServices |
| Management And General | 82175 | ManagementAndGeneral |
| Fundraising | 135486 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 803520 | Total |
| Program Services | 659856 | ProgramServices |
| Management And General | 88360 | ManagementAndGeneral |
| Fundraising | 55304 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 52947 | Total |
| Program Services | 44223 | ProgramServices |
| Management And General | 8724 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76381 | Total |
| Management And General | 76381 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15000 | Total |
| Fundraising | 15000 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96275 | Total |
| Management And General | 96275 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90996 | Total |
| Program Services | 84186 | ProgramServices |
| Management And General | 1335 | ManagementAndGeneral |
| Fundraising | 5475 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3377 | Total |
| Program Services | 1997 | ProgramServices |
| Management And General | 1380 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 658586 | Total |
| Program Services | 405948 | ProgramServices |
| Management And General | 75024 | ManagementAndGeneral |
| Fundraising | 177614 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54265 | Total |
| Program Services | 48263 | ProgramServices |
| Management And General | -13661 | ManagementAndGeneral |
| Fundraising | 19663 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 792 | Total |
| Management And General | 792 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2155268 | Total |
| Program Services | 1805174 | ProgramServices |
| Management And General | 221592 | ManagementAndGeneral |
| Fundraising | 128502 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 282159 | Total |
| Program Services | 186275 | ProgramServices |
| Management And General | 95884 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FOOD SERVICES CHARGES | 2216539 | 2183156 | 21941 | 11442 |
| CONTRACTED SERVICES | 1487338 | 1162692 | 278406 | 46240 |
| UTILITIES | 1212852 | 1201579 | 11273 | |
| SUPPLIES | 1205749 | 959605 | 150569 | 95575 |
| MISCELLANEOUS | 918645 | 799141 | 118751 | 753 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1126819 | Total |
| Program Services | 131919 | ProgramServices |
| Management And General | 649174 | ManagementAndGeneral |
| Fundraising | 345726 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38974759 | Total |
| Program Services | 33841584 | ProgramServices |
| Management And General | 3284475 | ManagementAndGeneral |
| Fundraising | 1848700 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 448818 | BOY |
| EOY | 288153 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2293597 | BOY |
| EOY | 2430981 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1195089 | BOY |
| EOY | 481965 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 956608 | BOY |
| EOY | 839272 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2709154 | BOY |
| EOY | 2255040 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41677 | BOY |
| EOY | 44434 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 579847 | BOY |
| EOY | 242867 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 68478901 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 25844467 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43276824 | BOY |
| EOY | 42634434 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11476027 | BOY |
| EOY | 14550502 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3712350 | BOY |
| EOY | 3347955 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66689991 | BOY |
| EOY | 67115603 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1078669 | BOY |
| EOY | 736784 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1204374 | BOY |
| EOY | 482398 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2689142 | BOY |
| EOY | 2754048 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4972185 | BOY |
| EOY | 3973230 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32240716 | BOY |
| EOY | 32559751 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17240095 | BOY |
| EOY | 18193296 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12236995 | BOY |
| EOY | 12389326 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61717806 | BOY |
| EOY | 63142373 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66689991 | BOY |
| EOY | 67115603 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -703214 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 2127781 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 14998189 | BeginningOfYearBalance |
| Contributions | 152331 | Contributions |
| Investment Earnings Or Losses | 2757920 | InvestmentEarningsOrLosses |
| End Of Year Balance | 17908440 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 13356060 | BeginningOfYearBalance |
| Contributions | 737986 | Contributions |
| Investment Earnings Or Losses | 908515 | InvestmentEarningsOrLosses |
| Other Expenditures | 4372 | OtherExpenditures |
| End Of Year Balance | 14998189 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 18520284 | BeginningOfYearBalance |
| Contributions | 161145 | Contributions |
| Investment Earnings Or Losses | -5331634 | InvestmentEarningsOrLosses |
| Other Expenditures | -6265 | OtherExpenditures |
| End Of Year Balance | 13356060 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.20430 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.69180 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1898213 | InvestmentCostOrOtherBasis |
| Book Value | 1898213 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 56160741 | InvestmentCostOrOtherBasis |
| Depreciation | 19711408 | Depreciation |
| Book Value | 36449333 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 3206762 | InvestmentCostOrOtherBasis |
| Depreciation | 1058455 | Depreciation |
| Book Value | 2148307 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 7146981 | InvestmentCostOrOtherBasis |
| Depreciation | 5074604 | Depreciation |
| Book Value | 2072377 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 66204 | InvestmentCostOrOtherBasis |
| Book Value | 66204 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 42634434 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEPOSITS, AGENCY FUNDS, GOVERNMENT ADVANCES | $2,417,024 |
| ACCRUED EXPENSES | $303,206 |
| ANNUITY PAYABLES | $33,818 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2754048 | TotalOfAmounts |
| Total Revenue | 38271545 | TotalRevenue |
| Total Expenses | 38974759 | TotalExpenses |
| Excess Or Deficit For Year | -703214 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2127781 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 2127781 | TotalAdjustments |
| Excess Or Deficit Per FS | 1424567 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 29171884 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2127781 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 2127781 | RevenueNotRptdF990 |
| Revenue Subtotal | 27044103 | RevenueSubtotal |
| Investment Expenses Not Included | 96275 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 11131167 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 11227442 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 38271545 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 27747317 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 27747317 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 96275 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 11131167 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 11227442 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 38974759 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ENDOWMENT FUNDS ARE INVESTED TO PRODUCE INCOME WHICH IS USED TO FUND SCHOLARSHIPS. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS (TUITION SHOWN NET OF SCHOLARSHIPS ON FINANCIALS) 11,131,167. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS (TUITION SHOWN NET OF SCHOLARSHIPS ON FINANCIALS) 11,131,167. | |
| PART X, LINE 2: THE COLLEGE AND ITS SUPPORTING FOUNDATION FOLLOW THE STATUTORY REQUIREMENTS FOR THEIR INCOME TAX ACCOUNTING AND GENERALLY AVOID RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION | SCHEDULE E, PART I, LINE 3 | THE POLICY IS INCLUDED IN BOTH GRADUATE AND UNDERGRADUATE CATALOGS, THE COLLEGE WEBSITE, THE COLLEGE APPLICATION FOR ADMISSIONS AND COLLEGE ADVERTISING. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE ORGANIZATION RECEIVES ASSISTANCE FROM THE FOLLOWING FEDERAL PROGRAMS: FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, FEDERAL WORK STUDY PROGRAM, FEDERAL PERKINS LOAN PROGRAM, FEDERAL PELL GRANT PROGRAM, FEDERAL DIRECT LOAN PROGRAM, ACADEMIC COMPETITIVENESS GRANT PROGRAM AND NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANT PROGRAM. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | JANE JELGERHUIS | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14049 SCENIC HIGHWAY | AddressLine1 |
| City | LOOKOUT MOUNTAIN | City |
| State | GA | State |
| ZIP Code | 30750 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISER | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 71250 | GrossReceipts |
| Amount Retained By Contractor | 15000 | AmountRetainedByContractor |
| Net To Organization | 56250 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 71250 | TotalGrossReceipts |
| Total Retained By Contractors | 15000 | TotalRetainedByContractors |
| Total Net To Organization | 56250 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | AK | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | DC | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | ID | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | IN | LicensedStates |
| Licensed States | IA | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | MT | LicensedStates |
| Licensed States | NE | LicensedStates |
| Licensed States | NV | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | SD | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | TX | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | VT | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
| Licensed States | WY | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHALMERS CENTER | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14049 SCENIC HIGHWAY | AddressLine1 |
| City | LOOKOUT MOUNTAIN | City |
| State | GA | State |
| ZIP Code | 30750 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 272341083 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 30000 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
| Purpose Of Grant | SCHOOL INVESTMENT STUDIES | PurposeOfGrant |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | FEDERAL GRANTOR/PASS-THROUGH GRANTOR/PROGRAM AND STUDENT FINANCIAL AID FROM COLLEGE | TypeOfGrant |
| Number Of Recipients | 1063 | NumberOfRecipients |
| Amount Of Cash Grant | 11819521 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER INFORMATION: | Identifier |
| Return Reference | PART IV: | ReturnReference |
| Explanation | THE COLLEGE PROVIDES SCHOLARSHIPS TO STUDENTS ENROLLED IN ITS PROGRAMS. SCHOLARSHIPS ARE AWARDED BASED ON STUDENT ACHEIVEMENTS IN ACADEMICS, PERFORMING ARTS, AND ATHLETICS. TO BE CONSIDERED FOR SCHOLARSHIP ASSISTANCE, STUDENTS MUST APPLY FOR ADMISSION, SUBMIT ACADEMIC TRANSCIPTS OF PRIOR EDUCATIONAL WORK, SUBMIT TEST SCORES (ACT/SAT), AND SUBMIT AN APPLICATION FOR THE SCHOLARSHIP PROGRAM. SOME SCHOLARSHIPS REQUIRE ADDITIONAL RECOMMENDATIONS OR CERTIFICATIONS BY THIRD PARTIES. ACADEMIC PROGRESS OF SCHOLARSHIP RECIPIENTS IS MONITORED, AND THEY MUST EARN A MINIMUM AMOUNT OF COLLEGE CREDITS AND A MINIMUM GPA EACH SEMESTER IN ORDER TO MAINTAIN ELIGIBILITY. THE COLLEGE MONITORS THE GRANTS GIVEN TO THE CHALMERS CENTER THROUGH THE CENTER BYLAWS THAT REQUIRE TWO OF THE COLLEGE OFFICERS, THE PRESIDENT AND THE ACADEMIC VICE PRESIDENT, TO BE ON THE CENTER'S BOARD. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| 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 |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DR NIEL NIELSON | NamePerson |
| Base Compensation Filing Org | 127186 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 15000 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 84810 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 226996 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 8 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 28751 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | STOCK MKT MEAN COST/SHAR | MethodOfDeterminingRevenues |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | THIRD PARTY USE: | Identifier |
| Return Reference | PART I, LINE 32B: | ReturnReference |
| Explanation | WELLS FARGO RECEIVES AND SELLS STOCK GIFTS ON BEHALF OF THE ORGANIZATION. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| AMENDED RETURN | FORM 990, PAGE 1, LINE B | FORM 990 IS AMENDED TO CORRECTLY REPORT COMPENSATION FOR TWO INDIVIDUALS REPORTED IN PART VII, SECTION A, COLUMN C. THE ORIGINAL FORM 990 REPORTED A BENEFIT TWICE WHICH OVERSTATED REPORTABLE COMPENSATION. THE CORRECTED TOTAL FOR REPORTABLE COMPENSATION IN COLUMN C IS $902,210. |
| FORM 990, PART VI, SECTION A, LINE 2 | STEPHEN NIELSON, A TRUSTEE, IS THE BROTHER OF NIEL NIELSON, THE PRESIDENT OF THE COLLEGE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION PROVIDES FORM 990 TO THE BOARD OF TRUSTEES. THE AUDIT COMMITTEE MEETS AT LEAST ANNUALLY TO REVIEW AND APPROVE FORM 990 PRIOR TO FILING THE RETURN. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE OFFICERS, DIRECTORS AND COMMITTEE MEMBERS WITH BOARD DELEGATED POWERS ARE REQUIRED TO SIGN A DISCLOSURE FORM ANNUALLY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT'S SALARY IN ACCORDANCE WITH SALARY STUDIES AND IS APPROVED BY THE GOVERNING BOARD OF TRUSTEES ANNUALLY. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FORMS 1023, 990, 990-T AND OTHER DOCUMENTATION IS MADE AVAILABLE UPON REQUEST. | |
| CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC | FORM 990, PART VII | T. MARCH BELL - 3820 LINDA LANE, ANNANDALE, VA 22003-6109. JOEL BELZ - 392 OLD HAW CREEK ROAD, ASHEVILLE, NC 28805-1453. RICHARD T. BOWSER - 16 WEST CHRISTIAN COURT, ANGIER, NC 27501. WILLIAM P. BURDETTE - 15291 SAM SNEAD LANE, N. FT. MEYERS, FL 33917. DAVID F. BYERS - 4233 OLD BROOK TRIAL, BIRMINGHAM, AL 35243. DR. J. RENDER CAINES - 492 LARRY DRIVE, RINGGOLD, GA 30736. CHARLES R. COX - 2435 N. CENTRAL EXPWY, SUITE 700, RICHARDSON, TX 75080. DR. ROBERT DAVIS - 2800 BARRETT RIDGE ROAD, DRAPER, VA 24324. GARY HALUSKA - 5321 NORTH WOODVIEW AVE, PEORIA, IL 61614. DR. BRADLEY M. HARRIS - 8217 POPLAR PIKE, GERMANTOWN, TN 38138. DUNCAN HIGHMARK - 1817 HIGH OAK, ST. LOUIS, MO 63131. REV. WILLIAM YONG JIN - 3165 ST. JOHN'S LANE, ELLICOTT CITY, MD 21042. JAMES JOLLY - 347 IVEY GATE RIDGE #2, DALTON, GA 30720. REV. MICHAEL L. JONES - 1308 HIGHPOINT TERRACE, BIRMINGHAM, AL 35235. MARTIN A. MOORE - 4214 DUNHAM PARK ROAD, FLOWERY BRANCH, GA 30542. REV. A. RANDY NABORS - 2424 EAST 3RD STREET, CHATTANOOGA, TN 37404. STEPHEN NIELSON - P.O. BOX 12721, DALLAS, TX 75225. DR. ROBERT A. PETTERSON - 4200 KENSINGTON HIGH STREET, NAPLES, FL 34105. PETER B. POLK - 1929 BALTIMORE ANNAPOLIS BOULEVARD, ANNAPOLIS, MD 21409. DR. ROBERT S. RAYBURN - 620 SOUTH SHIRLEY STREET, TACOMA, WA 98465-2531. DONALD E. RITTLER - 18 SEMINARY DRIVE, LUTHERVILLE, MD 21093. MARK GRIGGS - 8849 FOREST CREEK LANE, OOLTEWAH, TN 37363. DR. DAVID ROUNTREE - 110 BENEFIELD'S RIDGE, WILLIAMSTON, SC 29697-9148. TIMOTHY PAPPAS - 11800 SW 63RD AVENUE, MIAMI, FL 33156. DR. A. CRAIG TROXEL - 222 W. ELM STREET, WHEATON, IL 60189. REV. JULIAN RUSSELL - 2540 TAN OAK DRIVE, DALLAS, TX 75212. REV. STEVE SMALLMAN - 519 OVERDALE ROAD, BALTIMORE, MD 21229. R. CRAIG WOOD - 1446 GROVE ROAD, CHARLOTTESVILLE, VA 22901. |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 2,127,781. |
| PART XI, LINE 2C: THE ORGANIZATION'S PROCESS FOR OVERSEEING THE AUDIT OF ITS FINANCIAL STATEMENTS AND FOR SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COVENANT COLLEGE FOUNDATION INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14049 SCENIC HIGHWAY | AddressLine1 |
| City | LOOKOUT MOUNTAIN | City |
| State | GA | State |
| ZIP Code | 30750 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 621671894 | EIN |
| Primary Activities | RAISE FUNDS FOR EDUCATION | PrimaryActivities |
| Legal Domicile State | GA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 11, TYPE II | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COVENANT COLLEGE FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionType |
| Amount Involved | 218058 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |