2012-12-18T12:20:28-06:00 2012-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2011-07-01 541919810 PATRICK HENRY COLLEGE PATR 5404418000 TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 201323198 N DARYL WOLKING 5404418000 2012-12-18 1 OLIVIA A HUTTON CPA P00964688 5406623417 2011 2016-02-24 21:20:13Z N DARYL WOLKING TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 20132 19368195 0 X WWW.PHC.EDU X 1998 VA THE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE. 15 13 391 1 0 0 3043247 8540812 8601016 10086803 -1787824 17409 481943 430886 10338382 19075910 2692851 3437803 0 0 7706974 8320323 0 0 1118836 6006486 5750196 16406311 17508322 -6067929 1567588 47796365 46213858 7716929 4567629 40079436 41646229 X SEE SCHEDULE OTHE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE. 0 0 13980600 3437803 10451968 THE COLLEGE HAS BEEN GRANTED ACCREDITED STATUS FROM THE TRANSNATIONAL ASSOCIATION OF CHRISTIAN COLLEGES (TRACS). THE COLLEGE HAS BEEN AWARDED THE AUTHORITY TO GRANT DEGREES BY THE STATE COUNCIL OF HIGHER EDUCATION OF VIRGINIA (SCHEV). TOTAL DEGREE SEEKING STUDENT POPULATION: 347 (317 ON CAMPUS; 30 CAMPUS AT HOME PROGRAM). TOTAL STUDENTS WHO HAVE GRADUATED:528. 13980600 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 41 0 1 391 1 0 0 0 0 0 0 0 0 0 0 0 X 15 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CO KY ME MD MN MS NH NY OR SC VA WA WI X N DARYL WOLKING 5403381776 TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 201323198 MICHAEL P FARRIS 20.00 X X 181603 0 7258 GRAHAM WALKER 40.00 X X 207529 0 25529 MARIAN FREELAND 1.00 X 0 0 0 JACK W HAYE 1.00 X X 0 0 0 GEORGE W CLAY 1.00 X X 0 0 0 J VICTOR THOMPSON 1.00 X 0 0 0 RAMON ARDIZZONE 1.00 X 0 0 0 PAUL DE PREE 1.00 X 0 0 0 DR JAMES R LEININGER 1.00 X 0 0 0 RUSSELL B PULLIAM 1.00 X 0 0 0 WINFRED S TEMPLETON 1.00 X 0 0 0 MICHAEL B WRIGHT 1.00 X 0 0 0 DAVID C HOSELTON 1.00 X 0 0 0 DAVID M SHANAHAN 1.00 X 0 0 0 J MICHAEL SMITH 1.00 X 0 0 0 GENE E VEITH 40.00 X 147597 0 13786 EARL HALL 40.00 X 113160 0 14085 DARYL WOLKING 40.00 X 113266 0 19098 COLIN STEWART 40.00 X 183932 0 21562 LAURA MCCOLLUM 40.00 X 126228 0 16596 CARL W SCHREIBER 40.00 X 197557 0 21692 JEFFREY BURTNER 40.00 X 98773 0 16560 FRANK GULIUZZA 40.00 X 103677 0 11537 1473322 0 167703 9 0 1 0 BON APPETIT 91337 COLLECTIONS DRIVE CHICAGO IL 60693 FOOD SERVICE 1188651 GROUP BENEFIT SERVICES PO BOX 62383 BALTIMORE MD 212642383 THIRD PARTY ADMINISTRATOR 246227 QUALPRO INC PO BOX 51984 KNOXVILLE TN 379501984 CONSULTING 146537 THE PRINTING EXPRESS PO BOX 1975 HARRISONBURG VA 22801 PRINTING SERVICE 111275 KMA DIRECT COMMUNICATIONS 5151 BELT LINE ROAD SUITE 900 DALLAS TX 75254 FUNDRAISING AND MARKETING 110071 5 8540812 63659 8540812 TUITION AND FEES 611600 7736835 7736835 ROOM AND BOARD 721310 2241673 2241673 SUMMER CAMPS 900099 108295 108295 10086803 17435 17435 65721 0 65721 65721 65721 134434 134460 -26 -26 -26 179779 157825 21954 21954 OTHER 611710 228055 228055 MANAGEMENT FEE - HSLDA 561000 115156 115156 343211 19075910 10451968 0 83130 3437803 3437803 1635591 287909 1089367 258315 5079381 4100220 722905 256256 80146 64117 16029 1087699 714918 178165 194616 437506 323199 95011 19296 9782 4487 499 4796 55564 50008 5556 120976 111046 9930 182770 28298 16647 137825 194828 98679 5914 90235 540994 540974 20 982105 888452 93653 218301 157231 9331 51739 323363 291099 32264 1063595 957235 106360 FOOD SERVICE 1010807 1010614 193 STUDENT EXPENSES 394410 388549 5861 LIBRARY SUPPLIES 174871 174871 PRINTING 122246 25134 2624 94488 355584 325757 18577 11250 17508322 13980600 2408886 1118836 1285 1785 851523 663412 3090693 1556082 367432 1434251 30629 25469 78530 77002 101937 154029 48854039 6719790 43106757 42134249 167579 167579 47796365 46213858 323727 474507 205161 313105 6769122 3641161 3029 1069 415890 137787 7716929 4567629 X 36667258 39660329 3412178 1985900 40079436 41646229 47796365 46213858 X 1567588 -795 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4299906 4299906 41025344 3939321 37086023 3117315 2780469 336846 411474 411474 42134249 CAPITAL LEASE PAYABLE 132050 AMOUNT DUE TO HSLDA 5737 137787 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 THIS INFORMATION IS IN THE COLLEGE CATALOG AND ON THE COLLEGE'S WEB SITE. 1 VARIOUS EDUCATIONAL SCHOLARSHIPS 327 3437803 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL STUDENTS RECEIVING SCHOLARSHIPS ARE DETERIMINED BY THE COLLEGE'S ASSESMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, OR OTHER CRITERIA ESTABLISHED BY THE DONOR OR INSTITUTION. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL P FARRIS 181603 0 0 0 0 0 7258 0 0 0 188861 0 0 0 GRAHAM WALKER 207529 0 0 0 0 0 8382 0 17147 0 233058 0 0 0 GENE E VEITH 147597 0 0 0 0 0 6043 0 7743 0 161383 0 0 0 COLIN STEWART 183932 0 0 0 0 0 7477 0 14085 0 205494 0 0 0 CARL W SCHREIBER 197557 0 0 0 0 0 7955 0 13737 0 219249 0 0 0 PART I, LINE 1A THE COLLEGE COVERS TRAVEL EXPENSES FOR THE EXECUTIVE SPOUSES WHEN THEIR PRESENCE SERVES THE BUSINESS INTERESTS OF THE COLLEGE; I.E., MEETING WITH HUSBAND/WIFE DONORS. MICHAEL FARRIS CHANCELLOR TUITION REMISSION GRAHAM WALKER PRESIDENT TUITION REMISSION DARYL WOLKING CHIEF FINANCIAL OFFICER TUITION REMISSION EARL HALL VP FOR CAMPUS ADMINISTRATION TUITION REMISSION X 5 38617 FAIR MARKET VALUE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: STOCK DONATIONS ARE SENT DIRECTLY TO A BROKER. THE BROKER PROCESSES THE SALE AT THE DIRECTION OF THE CFO. FORM 990, PART VI, SECTION A, LINE 2 J. VICTOR THOMPSON PROVIDES INVESTMENT MANAGEMENT SERVICES THROUGH BULWARK CAPITAL CORPORATION TO THREE OTHER TRUSTEES - GEORGE CLAY, MIKE WRIGHT AND PAUL DE PREE. FORM 990, PART VI, SECTION A, LINE 2 GEORGE CLAY, VIC THOMPSON, MIKE FARRIS, AND GRAHAM WALKER ARE COMMON TRUSTEES FOR PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE FINAL DRAFT OF FORM 990 WITHOUT THE DONOR LISTING (SCHEDULE B) IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES COMPLETE THE CONFLICT OF INTEREST FORM ANNUALLY FOR SUBMITTAL TO THE EXECUTIVE VICE PRESIDENT'S OFFICE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SERVES AS THE COLLEGE'S COMPENSATION COMMITTEE, COMPRISED SOLEY OF INDEPENDENT TRUSTEES, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND THE CRITERIA TO BE USED IN DETERMINING MERIT INCREASES FOR THE PRESIDENT (CEO). THE FULL BOARD REVIEWS AND VALIDATES COMPENSATION ARRANGEMENTS FOR THE PRESIDENT AND HIS DIRECT REPORTS. FORM 990, PART VI, SECTION C, LINE 19 WHILE THE FEDERAL LAWS DO NOT MANDATE THAT THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE COLLEGE MAKES THEM AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -795. PHC FOUNDATION TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 20132 542031700 SUPPORT PATRICK HENRY COLLEGE VA 501(C)(3) 11A 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0