2026-02-17T12:02:10+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 570314390 Erskine College and Theological Seminary ERSK 8643798812 PO Box 338 Due West SC 29639 Dr Steven Adamson President 8643798812 2026-02-17 true true Amy Bibby P00445891 8282542254 2026-02-12 2024 2025-03-06 01:10:19Z Dr Steven Adamson PO Box 338 Due West SC 29639 49855032 false X www.erskine.edu X 1837 SC Christian liberal arts college and graduate theological seminary. 15 15 499 15 0 5046595 8013998 39350808 37036513 1465456 2014205 698438 903215 46561297 47967931 22248173 20626533 0 0 10518128 10356890 12335 0 503731 13656083 15865193 46434719 46848616 126578 1119315 73220738 76800649 21668010 22481057 51552728 54319592 Erskine College exists to glorify God as a Christian academic community where students are equipped to flourish as whole persons for lives of service through the pursuit of undergraduate liberal arts and graduate theological education. false false 39484097 20626533 37036513 Erskine College is a comprehensive, fully accredited, Christian college and theological seminary offering undergraduate, master's, and doctoral degrees to approximately 850 students. The college program offers 25 baccalaureate majors, and the seminary offers 5 master's degrees and a doctor of ministry degree. Scholarships are awarded to eligible students based on financial need and academic merit allowing students to be equipped to flourish as whole persons for lives of service through the pursuit of undergraduate liberal arts and graduate theological education in a Christ-centered environment. 39484097 true true false false false false false true false true true true false false true true true false true false false false false false false false false false true true false false false false false false false false false false false false false false false true true false false false true 46 0 true 499 true false false false false false false false false false false false false X 15 15 false false false false false true true true true false false false true true true true true true true true false false SC X Shelby Crowley 8643798812 PO Box 338 Due West SC 29639 Mr CA Runyan Trustee - Chairman 2.0 X X 0 0 0 Mr EP Cook Trustee - Vice Chairman 2.0 X X 0 0 0 Ms MM Kiser Trustee - Secretary 2.0 X X 0 0 0 Mr CM Walker Jr Trustee 2.0 X 0 0 0 Mr JB Garrett Trustee 2.0 X 0 0 0 Mr JT Brewer Trustee 2.0 X 0 0 0 Mr WH Powell Trustee 2.0 X 0 0 0 Mrs KJ Claxton Trustee 2.0 X 0 0 0 Mrs RJ Webb Trustee 2.0 X 0 0 0 Mrs SC Burriss Trustee 2.0 X 0 0 0 Rev AF Shoger Trustee 2.0 X 0 0 0 Rev DM Smith Trustee 2.0 X 0 0 0 Rev E Ray Trustee 2.0 X 0 0 0 Rev PD Malphrus Trustee 2.0 X 0 0 0 Rev RF Ingram Trustee 2.0 X 0 0 0 Dr Steve Adamson President 45.0 X 209154 0 17882 Mr Darrell Proffitt VP of Finance, Treasurer 45.0 X 118124 0 11170 Mrs NG Jones Assistant Secretary 45.0 X 57600 0 12631 Mr Bobby Clarke VP Operations 40.0 X 124334 0 0 509212 0 41683 3 false true false Aramark Foodservice PO Box 978839 Dallas TX 75397 Food Service Management 4782361 Aramark Facility Services PO Box 978839 Dallas TX 75397 Facilities Management 2847407 General Synod ARP Church 918 Pleasantburg Dr Suite 127 Greenville SC 29607 Health Insurance 1738698 EAB Global Inc PO Box 603519 Charlotte SC 28260 Admissions Recruiting Software 1302183 Town of Due West PO Box 278 Due West SC 29639 Utility Bill 984628 20 490171 483944 7039883 8013998 Student Tuition & Fees 611710 28380275 28380275 Auxilary Enterprises 611710 8633676 8633676 Bookstore Sales 611710 22562 22562 0 0 0 0 37036513 841594 841594 35084 35084 30196 30196 0 30196 30196 3059712 1887101 1172611 0 1172611 1172611 2314 2314 2314 Miscellaneous 900099 588120 588120 Insurance Settlement 900099 247501 247501 0 0 0 0 835621 47967931 37036513 0 2917420 20626533 20626533 423340 326400 82103 14837 8389956 6468750 1605290 315916 86756 67757 16825 2174 883315 689870 171311 22134 573523 432502 107400 33621 193993 193993 81636 81636 203316 203316 521233 224130 297103 0 34710 34710 768840 581114 171038 16688 148191 148191 504673 504673 555929 527252 25600 3077 1105379 872255 233124 793145 625871 167274 195413 195413 Facility Management 3612406 2850551 761855 Food Services 2659700 2659700 Bad Debts 1494608 642681 851927 Recruitment 922561 396701 525860 2069460 757234 1216942 95284 46848616 39484097 6860788 503731 1394323 804599 242519 3311662 2704544 2316147 0 0 802589 61538 51714 176752 352990 63756513 35283392 27481391 28473121 25737970 28612852 13295911 11670759 851620 1274170 404216 73220738 76800649 490963 612808 386542 366246 0 17460735 18150073 150000 100000 3179770 3251930 21668010 22481057 X 18923567 17967658 32629161 36351934 51552728 54319592 73220738 76800649 X 1119315 1508805 138744 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 938936 X X false 38708327 264763 3318736 777716 1765679 39748431 38378754 249520 2411993 408710 1923230 38708327 39210574 150417 3146486 1340094 2788629 38378754 48164170 90035 -4944341 740508 3358782 39210574 41606072 418493 8717634 772520 1805509 48164170 0.2888 0.7112 0.0 false false 1220000 458469 1678469 32118346 18408370 13709976 17666070 10125165 7540905 9786702 5609169 4177533 2506926 1140688 1366238 28473121 Closely-held equity interests Financial derivatives Cash surrender value of life insurance 34734 F Other Fixed Income 4018375 F Alternative Investments 2484911 F Pooled Income Funds 46968 F Mineral Rights 630850 F Investments - Trusts 4454921 F 11670759 Federal Income Taxes US Government Loan Funds - Refundable Trust Liabilities 2441090 Asset Retirement Obligations 316461 Right of use liability - operating 111863 Right of use liability - financing 303130 Annuities Payable 79386 3251930 X 28785631 1508805 138744 1647549 27138082 203316 20626533 20829849 47967931 26018767 0 0 26018767 203316 20626533 20829849 46848616 Schedule D, Part III, Line 4 Collections of art - description of collections The College maintains an art center that displays works of art including paintings, music boxes, furniture, and other items to the public. The collection enriches the campus community and provides the art students (studio artists and art history majors) with examples of various art mediums used in classroom instruction. The College displays the artwork free of charge to the public. Schedule D, Part V, Line 4 Intended uses of endowment funds The College's endowment intends to provide scholarships to students, help fund department chairs, and fund other restricted program expenses. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The College is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of state law. However, the College is subject to federal income tax on any unrelated business taxable income. The College files tax returns in the U.S. federal jurisdiction. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Value of Split Interest Agreements - 138744 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Student Financial Aid - 20626533 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Student Financial Aid - 20626533 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The organization publicizes its racially nondiscriminatory policy on the homepage of its website at all times during the taxable year in a manner reasonably expected to be noticed by visitors. The policy is also made available through local print media outlets and college and seminary catalogs. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The College receives Federal and State funds to provide financial aid for students. true Scholarships 913 17548957 Scholarships - Athletic 149 3077576 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The College monitors enrollment and the Financial Aid Office of the College keeps the requisite records in either an electronic or hard copy form. No cash changes hands and funds are directly applied to student accounts. X X true true X X X false false false false false false false false false Dr Steve Adamson President 209154 0 0 0 0 0 0 0 17882 0 227036 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use Housing Allowance: As a condition of employment, and as a convenience to the University, the President is provided a home on University grounds. The home is provided as a nontaxable benefit to the President. Schedule J, Part I, Line 1a Personal services Personal Services: The University provides grounds care and housekeeping for the home on University grounds since the President hosts functions for the University at his home. These services are provided as a nontaxable benefit to the President. Form 990, Part VI, Line 1a Delegate broad authority to a committee The governing body delegates broad authority to an Executive Committee consisting of the Board Officers and Board Committee Chairs. The Executive Committee has full power and authority to act and to transact any business for and on behalf of the College and in the place of the Board of Trustees during the interim between meetings of the Board of Trustees except the Executive Committee may not appoint or remove Corporate Officers, nor make a bulk sale, dissolve the corporation, alter Bylaws, or authorize degrees. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The College is an institution of the General Synod of the Associate Reformed Presbyterian Church (ARPC). The ARPC appoints the College's trustees and must approve all changes or amendments to the College's charter. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders See explanation for Part VI, Section A, Line 7a. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The organization requires all officers and board members to complete conflict of interest forms on an annual basis. All other institution staff complete the forms every other year. These forms are reviewed by management and a report is given to the Board of Trustees each year at the February meeting. If a conflict of interest were to arise, all material facts are disclosed to the Committee on Trustees; the proposed contract, transaction, or relationship is examined to determine if it is in the best interest of the college, and the decision is documented; and the individual who has an interest excuses him/herself from the discussion preceding the vote and the vote to approve the proposed contract or transaction. Form 990, Part VI, Line 15a Process to establish compensation of top management official The President's compensation is reviewed on an annual basis as part of a performance review by the Executive Committee. Compensation is compared against information obtained from Form 990s of other institutions similar in size to Erskine and compensation surveys and studies are also used. The process includes contemporaneous substantiation of the deliberation and decision. Form 990, Part VI, Line 15b Process to establish compensation of other employees The President negotiates and sets the compensation for other officers. Compensation is compared against other institutions similar in size to Erskine. This process is documented during the board approval of the budget. Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Value of Split Interest Agreements - 138744; Total - 138744; General Synod of the Associate Reformed Presbyterian Church 1 Cleveland St Ste 110 Greenville SC 29601 576030380 Convention of Churches SC 501(c)(3) 1 NA false Charitable Remainder Unitrusts (6) Trusts SC Erskine College and Theological Seminary Trust true false false true false false false false false false false false false false false false false false false false