GARDNER-WEBB UNIVERSITY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- GARDNER-WEBB UNIVERSITY (EIN 56-0529972)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-07
- IRS object ID
- 201243129349300804
- Schema version
- 2011v1.2
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-07T07:08:53-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560574444 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT & HOLLAND LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 METROPOLITAN AVENUE SUITE 1000 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560529972 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARDNER-WEBB UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | GARD | NameControl |
| Phone | 7044064282 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 997 | AddressLine1 |
| City | BOILING SPRINGS | City |
| State | NC | State |
| ZIP Code | 28017 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MIKE W HARDIN | Name |
| Title | VP ADMINISTRATION/FINANCE | Title |
| Phone | 7044064282 | Phone |
| Date Signed | 2012-10-30 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JANICE A RATICA | Name |
| PTIN | P00358837 | PTIN |
| Phone | 7043771678 | Phone |
| Date Prepared | 2012-10-30 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | A FRANK BONNER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 997 | AddressLine1 |
| City | BOILING SPRINGS | City |
| State | NC | State |
| ZIP Code | 28017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 84036878 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GARDNER-WEBB.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1905 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | GARDNER-WEBB UNIVERSITY, A PRIVATE, CHRISTIAN, BAPTIST-RELATED UNIVERSITY, PROVIDES OUTSTANDING UNDERGRADUATE AND GRADUATE EDUCATION THAT IS STRONGLY GROUNDED IN THE LIBERAL ARTS WHILE OFFERING OPPORTUNITIES TO PREPARE FOR VARIOUS PROFESSIONS. FOSTERING MEANINGFUL INTELLECTUAL THOUGHT, CRITICAL ANALYSIS, AND SPIRITUAL CHALLENGE WITHIN A DIVERSE COMMUNITY OF LEARNING, GARDNER-WEBB IS DEDICATED TO HIGHER EDUCATION THAT INTEGRATES SCHOLARSHIP WITH CHRISTIAN LIFE. BY EMBRACING FAITH AND INTELLECTUAL FREEDOM, BALANCING CONVICTION WITH COMPASSION, AND INSPIRING A LOVE OF LEARNING, SERVICE, AND LEADERSHIP, GARDNER-WEBB PREPARES ITS GRADUATES TO MAKE SIGNIFICANT CONTRIBUTIONS FOR GOD AND HUMANITY IN AN EVER-CHANGING GLOBAL COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 48 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 43 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1478 | TotalNbrEmployees |
| Total Nbr Volunteers | 43 | TotalNbrVolunteers |
| Total Gross UBI | 119733 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 47815 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8430675 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6713345 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 53085701 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 57888464 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3930513 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1859788 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 8124068 | OtherRevenuePriorYear |
| Other Revenue Current Year | 8189865 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 73570957 | TotalRevenuePriorYear |
| Total Revenue Current Year | 74651462 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 19828365 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 20272735 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 29842252 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 33095005 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 42865 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 16220 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1176139 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 14479341 | OtherExpensePriorYear |
| Other Expenses Current Year | 16100126 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 64192823 | TotalExpensesPriorYear |
| Total Expenses Current Year | 69484086 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 9378134 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5167376 | RevenuesLessExpensesCY |
| Total Assets BOY | 139747861 | TotalAssetsBOY |
| Total Assets EOY | 141807699 | TotalAssetsEOY |
| Total Liabilities BOY | 46483392 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 43671464 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 93264469 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 98136235 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE UNIVERSITY STATEMENT OF VALUES CONSIST OF CHRISTIAN HERITAGE, BAPTIST HERITAGE, ACADEMIC EXCELLENCE, LIBERAL ARTS, TEAMWORK, A STUDENT CENTERED FOCUS, COMMUNITY ENGAGEMENT AND DIVERSITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 60175242 | Expense |
| Grants | 20272735 | Grants |
| Revenue | 60501172 | Revenue |
| Description | THE UNIVERSITY IS A FULLY ACCREDITED MEMBER OF THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AND THE NC ASSOCIATION OF COLLEGES AND UNIVERSITIES. THE PRIMARY GOAL OF GWU IS TO PROVIDE EDUCATION. APPROXIMATELY 4,900 STUDENTS ARE SERVED. | Description |
| Total Program Service Expense | 60175242 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | 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 | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | 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 | 0 | 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 | 1 | 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 | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | 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 | 153 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 1478 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| 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 |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 48 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 43 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | 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 | 0 | 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 | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MIKE W HARDIN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7044064282 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 S MAIN STREET/WEBB HALL | AddressLine1 |
| City | BOILING SPRINGS | City |
| State | NC | State |
| ZIP Code | 28017 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (56 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| MR C NEAL ALEXANDER JR | |||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| MR HOYT Q BAILEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR FRANKLIN V BEAM | |||||||
| CHAIR, INTERCOLLEGIATE ATH | 1.00 | X | 0 | 0 | 0 | ||
| MR RONALD R BEANE | |||||||
| SECRETARY/ CHAIR, EDUCATIONAL AFFAIRS COMMITTEE | 1.00 | X | X | 0 | 0 | 0 | |
| MR W THOMAS BELL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR DENNIS R AXELSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR ROBERT H BLALOCK JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR R ALTON CADENHEAD | |||||||
| CHAIR, EDUCATIONAL AFFAIRS | 1.00 | X | 0 | 0 | 0 | ||
| MR GRADY S DUNCAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MRS ADELAIDE A CRAVER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR WILLIAM K GARY | |||||||
| CHAIR, ENROLLMENT MANAGEME | 1.00 | X | 0 | 0 | 0 | ||
| MR JOHN J GODBOLD JR | |||||||
| CHAIR, DEVELOPMENT COMMITTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR WILLIAM M EUBANKS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR MAX J HAMRICK | |||||||
| SECRETARY/ CHAIR, AUDIT | 1.00 | X | X | 0 | 0 | 0 | |
| MR RONALD W HAWKINS | |||||||
| CHAIR, FINANCIAL AFFIARS COMMITTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR GEORGE R GILLIAM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR RYAN D HENDLEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR MICHAEL W KASEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR C LORANCE HENDERSON | |||||||
| IMMEDIATE PAST CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| MS NANCY L KISTLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR WILLIAM W LEATHERS III | |||||||
| CHAIR, SCHOOL OF DIVINITY | 1.00 | X | 0 | 0 | 0 | ||
| REVEREND MAURICE B MORROW III | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR FRANK NANNEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR MAILON D NICHOLS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR JAMES E ROBBINS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR JOHN E ROBERTS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR THOMAS E PHILSON | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| MR WADE R SHEPHERD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MRS DOROTHY A SPANGLER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR ANTHONY N STRANGE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR J LINTON SUTTLE III | |||||||
| CHAIR, MEMBERSHIP COMMITTEE | 1.00 | X | 0 | 0 | 0 | ||
| MS LISA C TUCKER | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR THOMAS L WARREN | |||||||
| CHAIR, STUDENT DEVLOPMENT COMMITTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR H GENE WASHBURN | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| MR FRANK A STEWART | |||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| MRS MARILYN W WITHROW | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MRS CANDACE J AREY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR RALPH L BENTLEY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR BILLY C HENRY JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR HS KEETER JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR RANDALL MARION | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR E HARVEY ROGERS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR BOB D SHEPHERD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR CARL M SPANGLER JR | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MRS TERESA H HUGGINS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR STANLEY W SPENCE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR STEVE M SIMPSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MR MAURICE YORK | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR A FRANK BONNER | |||||||
| PRESIDENT | 40.00 | X | 298025 | 0 | 30411 | ||
| DR BENJAMIN LESLIE | |||||||
| PROVOST/ASSISTANT SECRETAR | 40.00 | X | 138220 | 0 | 23117 | ||
| MR MIKE HARDIN | |||||||
| ASST TREAS/ VP ADMIN & FIN | 40.00 | X | 137720 | 0 | 23117 | ||
| DR DAVID SHELLMAN | |||||||
| ASSOC PROFESSOR OF EDUCATION | 40.00 | 127531 | 0 | 5315 | X | ||
| MR RALPH W DIXON | |||||||
| SENIOR VP FOR COMMUNITY RE | 40.00 | 141713 | 0 | 18188 | X | ||
| DR ANTHONY NEGBENEBOR | |||||||
| DEAN - SCHOOL OF BUSINESS | 40.00 | 125363 | 0 | 22857 | X | ||
| MR MONTE WALKER | |||||||
| VICE PRESIDENT FOR ADVANCEMENT | 40.00 | 124886 | 0 | 21717 | X | ||
| DR ALLEN DOUG EURY | |||||||
| DEAN - SCHOOL OF EDUCATION | 40.00 | 189350 | 0 | 7410 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1282808 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 152132 | TotalOtherCompensation |
| Number Individuals GT100 K | 27 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| RODGERS BUILDERS | |||||
| PO BOX 18446 | CHARLOTTE | NC | 28218 | CONSTRUCTION SERVICES | 5945000 |
| SODEXO | |||||
| PO BOX 536922 | ATLANTA | GA | 30353 | CAFETERIA SERVICES | 2934689 |
| DAVID DRYE CONSTRUCTION LLC | |||||
| 175 DAVIDSON HWY | CONCORD | NC | 28027 | CONSTRUCTION SERVICES | 1541631 |
| HOLLAND & HAMRICK ARCHITECTS | |||||
| PO BOX 1238 | SHELBY | NC | 28150 | ARCHITECHTURAL SERVICES | 1212991 |
| K12 TEACHERS ALLIANCE | |||||
| 20624 ABBEY WOODS NORTH | FRANKFORT | IL | 60423 | RECRUITING SERVICES | 744072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 14 | NumberOfContractorsGT100K |
| Government Grants | 2567828 | GovernmentGrants |
| All Other Contributions | 4145517 | AllOtherContributions |
| Noncash Contributions | 312064 | NoncashContributions |
| Total Contributions | 6713345 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TUITION AND FEES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 57888464 | TotalRevenueColumn |
| Related Or Exempt Function Income | 57888464 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 57888464 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1704268 | TotalRevenueColumn |
| Exclusion | $1,704,268 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1353256 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1197736 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 155520 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 155520 | TotalRevenueColumn |
| Exclusion | $155,520 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 13645104 | GrossSalesOfInventory |
| Cost Of Goods Sold | 8187680 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5457424 | TotalRevenueColumn |
| Exclusion | $5,457,424 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 532000 | BusinessCode |
| Total Revenue Column | 2732441 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2612708 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 119733 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2732441 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 74651462 | TotalRevenueColumn |
| Related Or Exempt Function Income | 60501172 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 119733 | UnrelatedBusinessRevenue |
| Exclusion | $7,317,212 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20272735 | Total |
| Program Services | 20272735 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650610 | Total |
| Management And General | 650610 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25976193 | Total |
| Program Services | 22038517 | ProgramServices |
| Management And General | 3227902 | ManagementAndGeneral |
| Fundraising | 709774 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1225561 | Total |
| Program Services | 1014374 | ProgramServices |
| Management And General | 178518 | ManagementAndGeneral |
| Fundraising | 32669 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3357731 | Total |
| Program Services | 2779132 | ProgramServices |
| Management And General | 489094 | ManagementAndGeneral |
| Fundraising | 89505 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1884910 | Total |
| Program Services | 1560105 | ProgramServices |
| Management And General | 274560 | ManagementAndGeneral |
| Fundraising | 50245 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16220 | Total |
| Fundraising | 16220 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1340564 | Total |
| Program Services | 1284592 | ProgramServices |
| Management And General | 37842 | ManagementAndGeneral |
| Fundraising | 18130 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 783933 | Total |
| Program Services | 645745 | ProgramServices |
| Management And General | 69161 | ManagementAndGeneral |
| Fundraising | 69027 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2018451 | Total |
| Program Services | 1934175 | ProgramServices |
| Management And General | 56978 | ManagementAndGeneral |
| Fundraising | 27298 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER STUDENT SERVICES | 5339223 | 5339223 | ||
| OTHER INSTITUTIONAL SUP | 3303071 | 3139800 | 163271 | |
| OTHER INSTRUCTIONAL EXP | 2384139 | 2384139 | ||
| OTHER ACADEMIC SUPPORT | 922505 | 922505 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8240 | Total |
| Management And General | 8240 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69484086 | Total |
| Program Services | 60175242 | ProgramServices |
| Management And General | 8132705 | ManagementAndGeneral |
| Fundraising | 1176139 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3 | BOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39076331 | BOY |
| EOY | 24005990 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4690522 | BOY |
| EOY | 3534206 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1445730 | BOY |
| EOY | 1541871 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3975460 | BOY |
| EOY | 4266876 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1028753 | BOY |
| EOY | 549722 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187362 | BOY |
| EOY | 234196 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 109379604 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 50925453 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39024544 | BOY |
| EOY | 58454151 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48154478 | BOY |
| EOY | 47082550 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1600671 | BOY |
| EOY | 1602312 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 564007 | BOY |
| EOY | 535825 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139747861 | BOY |
| EOY | 141807699 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4025565 | BOY |
| EOY | 3827760 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2887587 | BOY |
| EOY | 2819197 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3519557 | BOY |
| EOY | 3789341 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34141320 | BOY |
| EOY | 32368858 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1909363 | BOY |
| EOY | 866308 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46483392 | BOY |
| EOY | 43671464 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42575529 | BOY |
| EOY | 50964659 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17785924 | BOY |
| EOY | 13462762 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32903016 | BOY |
| EOY | 33708814 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93264469 | BOY |
| EOY | 98136235 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139747861 | BOY |
| EOY | 141807699 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5167376 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -295610 | 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 Separate | X | FinancialStatementSeparate |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 47733137 | BeginningOfYearBalance |
| Contributions | 2458268 | Contributions |
| Investment Earnings Or Losses | -124407 | InvestmentEarningsOrLosses |
| Administrative Expenses | 417799 | AdministrativeExpenses |
| End Of Year Balance | 49649199 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 40703021 | BeginningOfYearBalance |
| Contributions | 555410 | Contributions |
| Investment Earnings Or Losses | 8101325 | InvestmentEarningsOrLosses |
| Administrative Expenses | 1626619 | AdministrativeExpenses |
| End Of Year Balance | 47733137 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34871859 | BeginningOfYearBalance |
| Contributions | 1035301 | Contributions |
| Investment Earnings Or Losses | 5619541 | InvestmentEarningsOrLosses |
| Administrative Expenses | 809364 | AdministrativeExpenses |
| End Of Year Balance | 40717337 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 38800703 | BeginningOfYearBalance |
| Contributions | 1212495 | Contributions |
| Investment Earnings Or Losses | -5047364 | InvestmentEarningsOrLosses |
| Administrative Expenses | 123975 | AdministrativeExpenses |
| End Of Year Balance | 34871859 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.14510 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.85490 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7417887 | OtherCostOrOtherBasis |
| Book Value | 7417887 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 50483953 | OtherCostOrOtherBasis |
| Depreciation | 29818953 | Depreciation |
| Book Value | 20665000 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 29634615 | OtherCostOrOtherBasis |
| Depreciation | 21106500 | Depreciation |
| Book Value | 8528115 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 21843149 | OtherCostOrOtherBasis |
| Book Value | 21843149 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 58454151 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MONEY MARKET FUNDS & TIME DEPOSITS | 15697 | F |
| MUTUAL FUNDS - FIXED INCOME | 16583945 | F |
| MUTUAL FUNDS - EQUITIES | 28640625 | F |
| EQUITY SECURITIES | 1842283 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 47082550 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ANNUITIES PAYABLE | $78,593 |
| CONSTRUCTION COSTS PAYABLE | $513,846 |
| DUE TO AGENCIES | $273,869 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 866308 | TotalOfAmounts |
| Total Revenue | 74651462 | TotalRevenue |
| Total Expenses | 69484086 | TotalExpenses |
| Excess Or Deficit For Year | 5167376 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -1430287 | NetUnrealizedGLOnInvestments |
| Other | $1,134,677 | OtherAmount |
| Total Adjustments | -295610 | TotalAdjustments |
| Excess Or Deficit Per FS | 4871766 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 62270797 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1430287 | NetUnrealizedGainsInvestments |
| Other Revenues | -19138058 | OtherRevenues |
| Revenue Not Rptd F990 | -20568345 | RevenueNotRptdF990 |
| Revenue Subtotal | 82839142 | RevenueSubtotal |
| Other Revenues Not Included | -8187680 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -8187680 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 74651462 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 57399031 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 8187680 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 8187680 | ExpensesNotRptdF990 |
| Expenses Subtotal | 49211351 | ExpensesSubtotal |
| Other Expenses Not Included | 20272735 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 20272735 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 69484086 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 4: | THESE ASSETS ARE HELD FOR POSSIBLE FUTURE SALE, OF PART OR ALL OF THE COLLECTION, WITH THE PROCEEDS TO BE USED TO FUND EDUCATIONAL PROGRAMS OF THE UNIVERSITY. | |
| PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 535 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES AND INCLUDES PERMANENTLY RESTRICTED DONOR GIFTS AS PART OF IRREVOCABLE TRUST AND ANNUITY GIFTS. THE ENDOWMENTS ARE USED TO FUND STUDENT SCHOLARSHIPS, ACADEMIC PROGRAMS, AND ACADEMIC ENHANCEMENT ACTIVITIES SUCH AS TRAVEL. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PART X: | IN ACCORDANCE WITH GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE UNIVERSITY'S POLICY IS TO RECORD A LIABILITY FOR ANY TAX POSITION TAKEN THAT IS BENEFICIAL TO THE UNIVERSITY, INCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2012 AND 2011 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. THE COLLEGE IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2009. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| OTHER NON-OPERATING CHARGES 1,134,677. LOAN CANCELLATIONS AND LOSS PROVISION | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| TUITION DISCOUNTS REDUCING TUITION INCOME -20,272,735. OTHER NON-OPERATING CHARGES ON FINANCIALS NOT ON 990 1,134,677. | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| COST OF GOODS SOLD -8,187,680. | PART XII, LINE 4B - OTHER ADJUSTMENTS: | |
| COST OF GOODS SOLD 8,187,680. | PART XIII, LINE 2D - OTHER ADJUSTMENTS: | |
| TUITION DISCOUNTS REDUCING TUITION INCOME 20,272,735. | PART XIII, LINE 4B - OTHER ADJUSTMENTS: |
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 | RACIALLY NONDISCRIMINATORY POLICY STATEMENT IS INCLUDED IN COLLEGE BROCHURE USED IN RECRUITMENT PROCESS. |
| EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE | SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVED STUDENT FINANCIAL AID GRANTS FROM THE U.S. DEPARTMENT OF EDUCATION AND THE NC STATE EDUCATION ASSISTANCE AUTHORITY. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CORPORATE DEVELOPMINT | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 49 CALHOUN STREET STE C | AddressLine1 |
| City | CHARLESTON | City |
| State | SC | State |
| ZIP Code | 29401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTANTS | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 16220 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 16220 | TotalRetainedByContractors |
| Licensed States | NC | LicensedStates |
| Licensed States | SC | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| ACADEMIC SCHOLARSHIPS | 1189 | 7818273 |
| ATHLETIC SCHOLARSHIPS | 406 | 5758442 |
| OTHER SCHOLARSHIPS | 769 | 2959487 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: GARDNER-WEBB UNIVERSITY PRACTICES A YEARLY REVIEW (AT THE END OF THE SPRING SEMESTER) TO MONITOR ALL STUDENTS AWARDED AN INSTITUTIONAL SCHOLARSHIP BASED ON THE FOLLOWING CRITERIA: 1) ENROLLMENT STATUS 2) HOUSING STATUS 3) GPA 4) MAINTAINING SATISFACTORY ACADEMIC PROGRESS IN ACCORDANCE WITH THE UNIVERSITY'S POLICY. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 0 | 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 (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR A FRANK BONNER | |||||||||||||
| 298025 | 0 | 0 | 0 | 0 | 0 | 23803 | 0 | 6608 | 0 | 328436 | 0 | 0 | 0 |
| DR BENJAMIN LESLIE | |||||||||||||
| 138220 | 0 | 0 | 0 | 0 | 0 | 11680 | 0 | 11437 | 0 | 161337 | 0 | 0 | 0 |
| MR MIKE HARDIN | |||||||||||||
| 137720 | 0 | 0 | 0 | 0 | 0 | 11680 | 0 | 11437 | 0 | 160837 | 0 | 0 | 0 |
| MR RALPH W DIXON | |||||||||||||
| 141713 | 0 | 0 | 0 | 0 | 0 | 11580 | 0 | 6608 | 0 | 159901 | 0 | 0 | 0 |
| DR ALLEN DOUG EURY | |||||||||||||
| 189350 | 0 | 0 | 0 | 0 | 0 | 7363 | 0 | 47 | 0 | 196760 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | THREE KEY EMPLOYEES HAVE COUNTRY CLUB MEMBERSHIPS EXCLUSIVELY FOR BUSINESS PURPOSES, SUCH AS MEETINGS WITH FRIENDS OF THE UNIVERSITY AND DONORS. | |
| PART III | SUPPLEMENTAL INFORMATION |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| Sharing Of RevenuesSharingOfRevenues | RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction |
|---|---|---|---|
| (no name) | |||
| 0 | |||
| (no name) | |||
| 0 | |||
| MAXWELL B HAMRICK INSURANCE | |||
| 0 | PARTIAOWNER OF MAXWELL B HAMRICK INSURANCE, TERESA HUGGINS IS ON THE BOARD | 680178 | THE UNIVERSITY PURCHASED INSURANCE THROUGH MAXWELL B. HAMRICK INSURANCE COMPANY. ALL TRANSACTIONS WERE AT FAIR MARKET VALUE AND NEGOTITATED AT ARM'S LENGTH |
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 | 285664 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
Real Estate Commercial RealEstateCommercial
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 26400 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | 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 | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | GARDNER-WEBB UNIVERSITY'S BOARD OF TRUSTEES HAS DELEGATED RESPONSIBILITY OVER COMPLIANCE WITH LAWS AND REGULATIONS, INCLUDING FORM 990, TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A DRAFT OF FORM 990 WILL BE PRESENTED TO AND REVIEWED BY THE AUDIT COMMITTEE. AFTER ACCEPTANCE BY THE AUDIT COMMITTEE, A COPY OF FORM 990 WILL BE DISTRIBUTED TO THE FULL BOARD AND THE AUDIT FIRM WILL BE GIVEN THE AUTHORITY TO COMPLETE THE FILING OF FORM 990. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL TRUSTEES SHALL DISCLOSE TO THE BOARD ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO TRUSTEE SHALL VOTE ON ANY MATTER, UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING, IN WHICH SUCH TRUSTEE HAS A CONFLICT OF INTEREST. THE MINUTES OF SAID MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE AND THAT THE TRUSTEE HAVING A CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY TRUSTEE WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OR COMMITTEE TO RESOLVE THE QUESTIONS BY MAJORITY VOTE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PERSONNEL AND COMPENSATION COMMITTEE SHALL BE COMPRISED OF THE CHAIRMAN OF THE BOARD, THE VICE CHAIRMAN, THE IMMEDIATE PAST CHAIRMAN, THE CHAIRMAN OF THE FINANCIAL AFFAIRS COMMITTEE, AND ONE TRUSTEE APPOINTED BY THE CHAIRMAN OF THE BOARD. THE COMMITTEE RECOMMENDS TO THE BOARD THE PRESIDENT'S COMPENSATION, ADVISES THE PRESIDENT, APPROVES SENIOR STAFF COMPENSATION, AND SERVES AS A PERSONNEL COMMITTEE FOR THE NEEDS OF THE PRESIDENT. THE COMPENSATION COMMITTEE IS PROVIDED A COPY OF A SALARY COMPARISON BY NCICU SO THEY CAN COMPARE PRESIDENT'S AND KEY EMPLOYEES' SALARIES. ALL DELIBERATIONS AND DECISIONS ARE DOCUMENTED IN THE COMMITTEE MINUTES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,430,287. OTHER NON-OPERATING CHARGES 1,134,677. LOAN CANCELLATIONS AND LOSS PROVISION TOTAL TO FORM 990, PART XI, LINE 5: -295,610. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | THE AUDIT COMMITTEE SHALL ASSIST THE BOARD OF TRUSTEES IN FULFILLING THE OVERSIGHT RESPONSIBILITIES FOR THE FINANCIAL REPORTING PROCESS, THE SYSTEM OF INTERNAL CONTROL, THE AUDIT PROCESS, AND THE COMPANY'S PROCESS FOR MONITORING COMPLIANCE WITH LAWS AND REGULATIONS. THE AUDIT COMMITTEE ACCEPTS AUDITS ON BEHALF OF THE BOARD OF TRUSTEES AND PRESENTS AUDIT REPORTS TO THE FULL BOARD. | AUDIT COMMITTEE |