ST JOHNS COLLEGE: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: ST JOHNS COLLEGE (EIN 52-0591421)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-01-12
IRS object ID: 201120129349300967
Schema version: 2009v1.7
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 I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-01-12T12:22:32-06:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MULLEN SONDBERG WIMBISH & STONE PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2553 HOUSLEY ROAD SUITE 200	AddressLine1
City	ANNAPOLIS	City
State	MD	State
ZIP Code	214016751	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	520591421	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ST JOHN'S COLLEGE	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	STJO	NameControl
Phone	4106262514	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	POBOX 2800	AddressLine1
City	ANNAPOLIS	City
State	MD	State
ZIP Code	21404	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	BRONTE JONES PHD	Name
Title	TREASURER, ANNAPOLIS CAMPUS	Title
Phone	4106262514	Phone
Date Signed	2011-01-12	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	SHARON M WIMBISH CPA	Name
Phone	4102244920	Phone

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	CHRISTOPHER NELSON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	60 COLLEGE AVENUE	AddressLine1
City	ANNAPOLIS	City
State	MD	State
ZIP Code	21401	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	78582312	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	www.sjca.edu	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1784	YearFormation
State Legal Domicile	MD	StateLegalDomicile
Activity Or Mission Description	TO PROVIDE POST-SECONDARY EDUCATION	ActivityOrMissionDescription
Nbr Voting Members Governing Body	53	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	48	NbrIndependentVotingMembers
Total Nbr Employees	1051	TotalNbrEmployees
Total Nbr Volunteers	200	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	13243325	ContributionsGrantsPriorYear
Contributions Grants Current Year	12370431	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	48327990	ProgramServiceRevenuePriorYear
Program Service Revenue CY	47858345	ProgramServiceRevenueCY
Investment Income Prior Year	3840296	InvestmentIncomePriorYear
Investment Income Current Year	3862611	InvestmentIncomeCurrentYear
Other Revenue Prior Year	3423901	OtherRevenuePriorYear
Other Revenue Current Year	505403	OtherRevenueCurrentYear
Total Revenue Prior Year	68835512	TotalRevenuePriorYear
Total Revenue Current Year	64596790	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	14020639	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	15871274	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	33631595	SalariesEtcPriorYear
Salaries Etc Current Year	34231997	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	3114637	TotalFundrsngExpCurrentYear
Other Expense Prior Year	17378343	OtherExpensePriorYear
Other Expenses Current Year	16266519	OtherExpensesCurrentYear
Total Expenses Prior Year	65030577	TotalExpensesPriorYear
Total Expenses Current Year	66369790	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3804935	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-1773000	RevenuesLessExpensesCY
Total Assets BOY	208777095	TotalAssetsBOY
Total Assets EOY	217313096	TotalAssetsEOY
Total Liabilities BOY	44076696	TotalLiabilitiesBOY
Total Liabilities EOY	43163694	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	164700399	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	174149402	NetAssetsOrFundBalancesEOY
Mission Description	St. John's College is a community dedicated to liberal education. Such education seeks to free men and women from the tyrannies of unexamined opinions and inherited prejudices. It also endeavors to enable them to make intelligent, free choices concerning the ends and means of both public and private life.At St. John's, freedom is pursued mainly through thoughtful conversation about great books of the Western tradition. The books that are at the heart of learning at St. John's stand among the original sources of our intellectual tradition. They are timeless and timely; they not only illuminate the persisting questions of human existence, but also have great relevance to contemporary problems. They change our minds, move our hearts, and touch our spirits.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	53557254	Expense
Grants	15871274	Grants
Revenue	48622217	Revenue
Description	GRADUATE & UNDERGRADUATE COURSE OF STUDY FOR APPROXIMATELY 1100 STUDENTS	Description
Total Program Service Expense	53557254	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	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Balance Sheet Amounts Reported	1	BalanceSheetAmountsReported
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	0	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	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	1	LoanToOfficerOrDQP
Grant To Related Person	1	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	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	1738	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	1051	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	BD	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Nbr Voting Governing Body Members	53	NbrVotingGoverningBodyMembers
Number Independent Voting Members	48	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	MD	StatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is Filed	NM	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	BRONTE JONES AND BRYAN VALENTINE	NamePerson
Telephone Number	4106262514	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	60 COLLEGE AVENUE	AddressLine1
City	ANNAPOLIS	City
State	MD	State
ZIP Code	21401	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (62 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
MS SUSAN ALLEN
MEMBER	1.00	X	0	0	0
MR JOEL ARD
MEMBER	1.00	X	0	0	0
MS SHEILA ARMSTRONG
MEMBER	1.00	X	0	0	0
MR JOHN BELCHER
MEMBER	1.00	X	0	0	0
MR ROBERT BIENENFELD
MEMBER	1.00	X	0	0	0
MR GEORGE BINGHAM
MEMBER	1.00	X	0	0	0
MR STEVEN BOHLIN
MEMBER	1.00	X	0	0	0
MS JANA CAREY
MEMBER	1.00	X	0	0	0
MR RAY CAVE
MEMBER	1.00	X	0	0	0
MS JEAN CLARKE
MEMBER	1.00	X	0	0	0
MS JILL COOPER UDALL
MEMBER	1.00	X	0	0	0
MR GREG CURTIS
VICE CHAIR	1.00	X	0	0	0
MR BRAD DAVIDSON
MEMBER	1.00	X	0	0	0
MR EVAN DUDIK
MEMBER	1.00	X	0	0	0
MR WILLIAM FANT
MEMBER	1.00	X	0	0	0
MS MICHELE FARQUHAR
MEMBER	1.00	X	0	0	0
MR STEPHEN FEINBERG
MEMBER	1.00	X	0	0	0
MR RON FIELDING
VICE CHAIR	1.00	X	0	0	0
MR ROBERT GEORGE
MEMBER	1.00	X	0	0	0
MR STEWART GREENFIELD
MEMBER	1.00	X	0	0	0
MR RICHARD GROENENDYKE
MEMBER	1.00	X	0	0	0
MR KEITH HARRISON
MEMBER	1.00	X	0	0	0
MR JOHN JEFFRIES
MEMBER	1.00	X	0	0	0
MR WILLIAM JOHNSTON
MEMBER	1.00	X	0	0	0
MS LESLIE JUMP-WALKER
MEMBER	1.00	X	0	0	0
DR THOMAS KRAUSE
MEMBER	1.00	X	0	0	0
MR PERRY LERNER
VICE CHAIR	1.00	X	0	0	0
MR AUSTIN LIGON
MEMBER	1.00	X	0	0	0
MR MARK LINDLEY
MEMBER	1.00	X	0	0	0
MR MICHAEL MACDONALD
MEMBER	1.00	X	0	0	0
MR DOUGLAS MAYER
MEMBER	1.00	X	0	0	0
MR MICHAEL MILLER
MEMBER	1.00	X	0	0	0
MR SCOTT MOMADAY
MEMBER	1.00	X	0	0	0
MR JAMES POLK III
MEMBER	1.00	X	0	0	0
MR SANJAY POOVADAN
MEMBER	1.00	X	0	0	0
MR THEODORE ROGERS
MEMBER	1.00	X	0	0	0
MR FORD ROWAN
MEMBER	1.00	X	0	0	0
MR MIKAEL SALOVAARA
MEMBER	1.00	X	0	0	0
MS PAMELA SAUNDERS ALBI
SECRETARY	1.00	X	0	0	0
MR FREDERICA SAXON
MEMBER	1.00	X	0	0	0
MS LINDA SCHAEFER
MEMBER	1.00	X	0	0	0
MR JEREMY SHAMOS
MEMBER	1.00	X	0	0	0
MS JUSTINE SHAVER
MEMBER	1.00	X	0	0	0
DR PATRICIA SOLLARS
MEMBER	1.00	X	0	0	0
MR WARREN SPECTOR
MEMBER	1.00	X	0	0	0
MR MICHAEL UREMOVICH
CHAIR	1.00	X	0	0	0
MR WILLIAM WARREN
MEMBER	1.00	X	0	0	0
MS DELORES WOLF
MEMBER	1.00	X	0	0	0
MR LEE ZLOTOFF
MEMBER	1.00	X	0	0	0
MR CHRISTOPHER B NELSO
PRESIDENT - ANNAPOLIS	35.00	X	355210	0	168175	X	X
MR MICHAEL PETERS
PRESIDENT - SANTA FE	35.00	X	261812	0	78914	X	X
MR MICHAEL DINK
DEAN - ANNAPOLIS	35.00	X	146461	0	79112	X	X
MS VICTORIA MORA
DEAN - SANTA FE	35.00	X	146467	0	37052	X	X
MS BARBARA GOYETTE
VP ADVANCEMENT - ANNAPOL	35.00		144679	0	30677	X	X
MR JIM OSTERHOLT
VP ADVANCEMENT - SANTA F	35.00		157707	0	17841	X	X
MR BRYAN VALENTINE
TREASURER - SANTA FE	35.00		145465	0	35573	X	X
MS BRONTE D JONES
TREASURER - ANNAPOLIS	35.00		150731	0	26394	X	X
MS MARILYN HIGUERA
DIRECTOR GRADUATE INSTIT	35.00		128874	0	53950		X
MR JOHN VERDI
TUTOR - ANNAPOLIS	35.00		112141	0	44236		X
MR WILLIAM PASTILLE
TUTOR - ANNAPOLIS	35.00		111941	0	22988		X
MR JAMES CAREY
TUTOR - SANTE FE	35.00		111540	0	20406		X
MS LYNDA MYERS
TUTOR - SANTE FE	35.00		109756	0	18705		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	2082784	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	634023	TotalOtherCompensation
Number Individuals GT100 K	32	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
ARAMARK
1160 CAMINO CRUZ BLANCA	SANTA FE	NM	87505	FOOD SERVICE	1463523
PARKHURST DINING SERVICE
PO BOX 644091	PITTSBURGH	PA	15264	FOOD SERVICE	1393287
THE NORTH CHARLES STREET DESIGN ORGANIZA
222 WEST SARATOGA STREET	BALTIMORE	MD	21201	MARKETING SERVICES	485382
JENZABAR
PO BOX 845939	BOSTON	MA	02284	COMPUTER SERVICES	380069
ASSOCIATED SECURITY INDUSTRIES
1221 S SAINT FRANCIS DR STE B	SANTA FE	NM	87505	SECURITY GUARD SERVICES	250247

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	12	NumberOfContractorsGT100K
Government Grants	2574822	GovernmentGrants
All Other Contributions	9795609	AllOtherContributions
Noncash Contributions	700806	NoncashContributions
Total Contributions	12370431	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES	611600	39429323	39429323
ROOM AND BOARD FEES	611710	6687416	6687416
AUXILIARY ENTERPRISES	611710	1139410	1139410

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	602196	TotalRevenueColumn
Related Or Exempt Function Income	602196	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	47858345	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3604142	TotalRevenueColumn
Exclusion	$3,604,142	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	14243991	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	13985522	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	258469	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	258469	TotalRevenueColumn
Related Or Exempt Function Income	258469	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SABBATICAL LEAVE LIABI	900099	254187	254187
CHANGE IN VALUE OF SPL	900099	251216	251216

Field	Value	IRS element (for citing)
Total Other Revenue	505403	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	64596790	TotalRevenueColumn
Related Or Exempt Function Income	48622217	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$3,604,142	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	15871274	Total
Program Services	15871274	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	1771061	Total
Program Services	363602	ProgramServices
Management And General	1056555	ManagementAndGeneral
Fundraising	350904	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	21773223	Total
Program Services	17918034	ProgramServices
Management And General	2381233	ManagementAndGeneral
Fundraising	1473956	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	2029667	Total
Program Services	1546017	ProgramServices
Management And General	398267	ManagementAndGeneral
Fundraising	85383	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	6891070	Total
Program Services	4800024	ProgramServices
Management And General	1771785	ManagementAndGeneral
Fundraising	319261	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	1766976	Total
Program Services	1401645	ProgramServices
Management And General	236692	ManagementAndGeneral
Fundraising	128639	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	102168	Total
Management And General	102168	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	140885	Total
Management And General	140885	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	363865	Total
Program Services	223756	ProgramServices
Management And General	135183	ManagementAndGeneral
Fundraising	4926	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	735820	Total
Program Services	459438	ProgramServices
Management And General	99698	ManagementAndGeneral
Fundraising	176684	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1631983	Total
Program Services	691599	ProgramServices
Management And General	647519	ManagementAndGeneral
Fundraising	292865	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	365813	Total
Program Services	63467	ProgramServices
Management And General	293311	ManagementAndGeneral
Fundraising	9035	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1342137	Total
Program Services	1342137	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	302816	Total
Program Services	186839	ProgramServices
Management And General	30898	ManagementAndGeneral
Fundraising	85079	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	84948	Total
Program Services	71163	ProgramServices
Management And General	12641	ManagementAndGeneral
Fundraising	1144	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	1379404	Total
Program Services	278728	ProgramServices
Management And General	1100676	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2896890	Total
Program Services	2799829	ProgramServices
Management And General	63222	ManagementAndGeneral
Fundraising	33839	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	384832	Total
Program Services	717	ProgramServices
Management And General	384115	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
AUXILIARY ENTERPRISES -	2477668	2477668
STUDENT ACTIVITIES AND	1268772	1110835	106590	51347
OTHER SUPPLIES AND SERV	1129023	1053141	75882	0
EQUIPMENT RENTAL AND MA	826751	255308	477998	93445
COST OF GOODS SOLD	484268	484268

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	348476	Total
Program Services	157765	ProgramServices
Management And General	182581	ManagementAndGeneral
Fundraising	8130	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	66369790	Total
Program Services	53557254	ProgramServices
Management And General	9697899	ManagementAndGeneral
Fundraising	3114637	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	114378	BOY
EOY	270089	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	15542516	BOY
EOY	17224185	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	10467527	BOY
EOY	8089030	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	232589	BOY
EOY	740423	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	5840381	BOY
EOY	6111906	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	504850	BOY
EOY	509577	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	588260	BOY
EOY	820960	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	120882649	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	48568599	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	70633121	BOY
EOY	72314050	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	68634169	BOY
EOY	80329434	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	35166675	BOY
EOY	29767021	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	1052629	BOY
EOY	1136421	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	208777095	BOY
EOY	217313096	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	18626740	BOY
EOY	20411511	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	1473783	BOY
EOY	1429959	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	2017895	BOY
EOY	1807099	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	19730000	BOY
EOY	19295000	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2000000	BOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	228278	BOY
EOY	220125	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	44076696	BOY
EOY	43163694	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	34030740	BOY
EOY	40992960	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	47671964	BOY
EOY	46629698	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	82997695	BOY
EOY	86526744	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	164700399	BOY
EOY	174149402	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	208777095	BOY
EOY	217313096	EOY

Field	Value	IRS element (for citing)
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

Field	Value	IRS element (for citing)
Collect Used For Public Exhibition	X	CollectUsedForPublicExhibition
Collect Used For Preservation	X	CollectUsedForPreservation

Collection Used For Other CollectionUsedForOther

Field	Value	IRS element (for citing)
Collection Used For Other Purposes	X	CollectionUsedForOtherPurposes
Description Of Other Purposes	RARE AND OLD LIBRARY BOOKS	DescriptionOfOtherPurposes

Field	Value	IRS element (for citing)
Solicited Assets For Sale	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	104269100	BeginningOfYearBalance
Contributions	2946192	Contributions
Investment Earnings Or Losses	14302735	InvestmentEarningsOrLosses
Grants Or Scholarships	2699391	GrantsOrScholarships
Other Expenditures	4319836	OtherExpenditures
End Of Year Balance	114498800	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	125411610	BeginningOfYearBalance
Contributions	5588015	Contributions
Investment Earnings Or Losses	-17828549	InvestmentEarningsOrLosses
Grants Or Scholarships	3598099	GrantsOrScholarships
Other Expenditures	5303877	OtherExpenditures
End Of Year Balance	104269100	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.27300	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.72700	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.00000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	1	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	25000	InvestmentCostOrOtherBasis
Other Cost Or Other Basis	2533640	OtherCostOrOtherBasis
Book Value	2558640	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	96908836	OtherCostOrOtherBasis
Depreciation	39355876	Depreciation
Book Value	57552960	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4733279	OtherCostOrOtherBasis
Depreciation	1923010	Depreciation
Book Value	2810269	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	9836657	OtherCostOrOtherBasis
Depreciation	7073778	Depreciation
Book Value	2762879	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	6845237	OtherCostOrOtherBasis
Depreciation	215935	Depreciation
Book Value	6629302	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	72314050	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (9 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
INVESTMENTS WITH THE COMMON FUND	8841225	F
ALTERNATIVE INVESMENTS (INSTITUTIONAL), L.P.	7434865	F
LEGACY VENTURE II, LLC	1588608	F
LEGACY VENTURE III, LLC	806634	F
BERENS CAPITAL FUND, LTD	6322282	F
INVESTMENTS HELD BY THE HODSON SCHOLARSHIP FOUNDATION, INC.	2719666	F
INVESTMENTS HELD IN CHARITABLE REMAINDER TRUSTS	1827890	F
US GOVERNMENT AND CORPORATE BONDS	105875	F
CERTIFICATES OF DEPOSIT	119976	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	29767021	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	UNAMORTIZED BOND PREMIUM	Description
Amount	$220,125	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	220125	TotalOfAmounts
Total Revenue	64596790	TotalRevenue
Total Expenses	66369790	TotalExpenses
Excess Or Deficit For Year	-1773000	ExcessOrDeficitForYear
Net Unrealized GL On Investments	11222003	NetUnrealizedGLOnInvestments
Total Adjustments	11222003	TotalAdjustments
Excess Or Deficit Per FS	9449003	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	59947519	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	11222003	NetUnrealizedGainsInvestments
Other Revenues	-15871274	OtherRevenues
Revenue Not Rptd F990	-4649271	RevenueNotRptdF990
Revenue Subtotal	64596790	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	64596790	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	50498516	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	50498516	ExpensesSubtotal
Other Expenses Not Included	15871274	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	15871274	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	66369790	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
Part III, Line 4:	SANTA FE - THE ARTWORK PLACED AROUND CAMPUS, AS WELL AS LIBRARY BOOK COLLECTION, FURTHER THE PURPOSE OF THE COLLEGE BY EXPOSING STUDENTS TO FINE WORKS OF ART, IN BOTH THE WRITTEN AND SCULPTED FORM. THE EXCELLENCE AND THOUGHT REPRESENTED IN BOTH ART FORMS FIT VERY WELL WITH THE EXCELLENCE AND DEPTH OF THOUGHT AND CREATIVITY EXPECTED OF OUR STUDENTS. ANNAPOLIS - THE COLLECTION IS AN ECLECTIC ASSEMBLAGE OF FINE AND DECORATIVE ART OBJECTS THAT HAVE BEEN GIVEN TO THE COLLEGE OVER THE YEARS. THIS COLLECTION RANGES FROM UNFRAMED REPRODUCTION POSTERS TO FINE CHINESE SILK PAINTINGS. MANY OF THESE OBJECTS ARE ON DISPLAY THROUGHOUT CAMPUS AND ENRICH CLASSROOM, COMMON, AND OFFICE SPACES.
Part V, Line 4:	THE COLLEGE INTENDS TO USE THE ENDOWMENT FUNDS TO SUPPLEMENT THE ANNUAL OPERATIONS OF THE COLLEGE AS WELL AS FULFILL DONOR RESTRICTIONS PLACED ON ENDOWMENTS.	Description of Intended Use of Endowment Funds:
Part XII, Line 2d - Other Adjustments:	FINANCIAL AID: -15871274.
Part XIII, Line 4b - Other Adjustments:	FINANCIAL AID: 15871274.

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
Pub Via Broadcast Media Expln	THE STUDENT HANDBOOK DESCRIBES THIS POLICY; THIS HANDBOOK IS DISTRIBUTED TO STUDENTS AS PART OF THE REGISTRATION PROCESS.	PubViaBroadcastMediaExpln
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
Govt Financial Aid Explanation	THE COLLEGE RECEIVES FUNDING FROM THE FOLLOWING SOURCES: PELL, COLLEGE WORK STUDY, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, GUARANTEED STUDENT LOANS, ACADEMIC COMPETITIVENESS GRANT, AND NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT (SMART) GRANTS. ALL ASSISTANCE IS PROVIDED TO STUDENTS BASED ON FINANCIAL NEED.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (7 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Method Of ValuationMethodOfValuation
FEDERAL PELL GRANT PROGRAM	219	912626	COST
FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS	184	325266	COST
ACADEMIC COMPETITIVENESS GRANT	44	37354	COST
ST. JOHN'S COLLEGE GRANTS	765	14158419	COST
MARYLAND STATE SCHOLARSHIPS	33	88650	COST
NEW MEXICO STATE SCHOLARSHIPS	26	60460	COST
NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT (SMART) GRANTS	69	274000	COST

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: THE COLLEGE MONITORS THE USE OF GRANT FUNDS IN THE FINANCIAL AID OFFICE. PERSONNEL REVIEW STUDENT NEED ON A YEARLY BASIS AND AWARD GRANTS BASED ON NEED AND ELIGIBILITY.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Personal Services	X	PersonalServices
Written Policy Re T And E Expenses	1	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
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 (10 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
MR CHRISTOPHER B NELSON
280000	0	0	0	75210	0	30625	0	137550	0	523385	0	0	0
MR MICHAEL PETERS
250000	0	0	0	11812	0	26000	0	52914	0	340726	0	0	0
MR MICHAEL DINK
146461	0	0	0	0	0	20138	0	58974	0	225573	0	0	0
MS VICTORIA MORA
146467	0	0	0	0	0	18646	0	18406	0	183519	0	0	0
MS BARBARA GOYETTE
140000	0	0	0	4679	0	17500	0	13177	0	175356	0	0	0
MR JIM OSTERHOLT
149442	0	0	0	8265	0	15261	0	2580	0	175548	0	0	0
MR BRYAN VALENTINE
144537	0	0	0	928	0	18067	0	17506	0	181038	0	0	0
MS BRONTE D JONES
143775	0	0	0	6956	0	14953	0	11441	0	177125	0	0	0
MS MARILYN HIGUERA
128874	0	0	0	0	0	17602	0	36348	0	182824	0	0	0
MR JOHN VERDI
112141	0	0	0	0	0	13462	0	30774	0	156377	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

Return ReferenceReturnReference

ExplanationExplanation

Part I, Line 1a

AS IS NORMAL AND CUSTOMARY WITH COLLEGES, THE PRESIDENTS OF THE ANNAPOLIS (CHRISTOPHER NELSON) AND SANTA FE CAMPUS (MICHAEL PETERS) ARE PROVIDED WITH HOUSING. THE PRESIDENTS' HOME IS USED FOR MANY COLLEGE ACTIVITIES INCLUDING HOSTING EVENTS FOR STUDENTS, FACULTY, AND COLLEGE SUPPORTERS. THE CALCULATED NONTAXABLE BENEFIT RECIEVED BY THE PRESIDENTS FOR THE PERSONAL USE OF THE HOUSING AMOUNTED TO $125,830 AND $39,889 FOR ANNAPOLIS AND SANTA FE, RESPECTIVELY. IN ADDITION, PERSONAL SERVICES SUCH AS LANDSCAPER AND MAIDS ARE PROVIDED TO MAINTAIN THE UPKEEP ON THE RESIDENCE.

Part I, Line 4a

THE PRESIDENT OF THE ANNAPOLIS CAMPUS, CHRISTOPHER NELSON, PARTICIPATED IN A 457(F) PLAN. THE BALANCE IN THE ACCOUNT WAS DISTRIBUTED DURING THE YEAR ENDED JUNE 30, 2010.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer
CITY OF ANNAPOLIS MARYLAND SERIES A
526000764	035779CN5	2007-06-08	4755000	DEFEASE PORTION OF PRIOR BONDS; PROVIDE FUNDS FOR NEW CENTRAL HEATING SYSTEM	0	0
CITY OF ANNAPOLIS MARYLAND SERIES B
526000764	035779DC8	2007-06-08	8690000	DEFEASE PORTION OF PRIOR BONDS; PROVIDE FUNDS FOR NEW CENTRAL HEATING SYSTEM	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Total ProceedsTotalProceeds	Amount In Reserve FundAmountInReserveFund	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind	Working Capital ExpendituresWorkingCapitalExpenditures	Capital ExpendituresCapitalExpenditures
4817240	309750	91980	2008	0	0	1	1
8872343	698250	164615	2009	0	0	1	1	3473744	4583635

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged	Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
0	0	0	0	0	0.00000	0.00000	0.00000	1
0	0	0	0	0	0.00000	0.00000	0.00000	1

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
0	0	0	0	0	0
0	0	0	0	0	0

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	BRONTE JONES	NamePerson
Purpose Of Loan	HOME LOAN TO ASSIST EMPLOYEE WITH PURCHASE OF RESIDENCE	PurposeOfLoan
Loan From Organization	X	LoanFromOrganization
Original Principal	$150,000	OriginalPrincipalAmount
Balance Due	141519	BalanceDue
Default	0	Default
Approved By Board	1	ApprovedByBoard
Written Agreement	1	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	141519	TotalBalanceDue

Form990 Schedule L Part III Form990ScheduleLPartIII

Field	Value	IRS element (for citing)
Name Of Interested Person	MICHAEL DINK	NameOfInterestedPerson
Relationship With Organization	DEAN/OFFICER	RelationshipWithOrganization
Type Of Assistance	EDUCATIONAL BENEFITS TO EMPLOYEE AND FAMILY Amount $ 45490.	TypeOfAssistance

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	29	NumberOfContributions
Noncash Contribs Rptd F990	700806	NoncashContribsRptdF990
Method Of Determining Revenues	HIGH/LOW AVERAGE VALUE	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 (5 entries)

IdentifierIdentifier	ExplanationExplanation
Form 990, Part VI, Section B, line 11	A COPY OF THE COMPLETED 990 IS FURNISHED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOARD. THE COMMITTEE WILL CONDUCT A REVIEW OF THE 990. UPON DISCUSSION AND REVIEW, THE COMMITTEE WILL MOTION AND APPROVE THE ACCEPTANCE OF THE FORM 990 AND POST A COPY OF THE COMPLETED 990 ON A SECURE PORTAL FOR FULL BOARD REVIEW. THE AUDIT AND COMPLIANCE COMMITTEE WILL ALSO GRANT THE ANNAPOLIS CAMPUS TREASURER PERMISSION TO PROCEED WITH SIGNING AND FILING THE FORM 990.
Form 990, Part VI, Section B, line 12c	THE CONFLICT OF INTEREST POLICY IS MONITORED AND COMPLIANCE IS ENFORCED THROUGH A YEARLY STATEMENT ALONG WITH THE COLLEGE'S POLICY BEING DISTRIBUTED TO ALL BOARD MEMBERS,OFFICERS, AND KEY EMPLOYEES FOR REVIEW AND SIGNATURE. THE SIGNED STATEMENTS ARE RETURNED TO THE PRESIDENT OF THE ANNAPOLIS CAMPUS FOR REVIEW AND FOLLOW-UP. ANY POTENTIAL CONFLICTS ARE DISCUSSED BETWEEN THE PARTIES AND A RESOLUTION IS MADE TO RESOLVE THE CONFLICT.
Form 990, Part VI, Section B, line 15	With respect to the compensation of all eight officers, and before making a recommendation to the Executive Committee of the Board, the Compensation Review Committee consults with Yaffe & Company, Inc., an independent consulting firm which specializes in providing executive compensation advice to colleges and universities as well as to hospitals and health systems. One of the primary purposes of engaging an outside firm was to assure compliance with IRS regulatory requirements regarding the reasonableness of executive compensation in 501 (c) (3) organizations. The Compensation Committee has established what is known as a rebuttable presumption of the reasonableness of compensation by satisfying three regulatory requirements: (1) Compensation recommendations have been developed by an independent Committee of the Board; (2) Appropriate comparability data has been used (provided by Yaffe based on its survey); and (3) The process has been adequately documented through the minutes of the Compensation Review and Executive Committees. That Committee considers the recommendations of the presidents relative to the vice-presidents and treasurers, and considers the projected formula-based salaries of the deans, all in light of the external comparisons provided by Yaffe. The Committee also considers the benefits provided to the officers that make up a part of the total compensation package. The Committee then acts to make a recommendation with respect to these six officers to the Executive Committee, which in turn makes the final decisions as to each after reviewing all of the material considered by the Compensation Committee. As for the recommendations relative to the presidents, those salaries and benefits are reviewed by the Compensation Review Committee in the absence of the presidents and after receiving reports from the Board Chair concerning the performance of the presidents upon review by the Presidential Review Committee. The recommendation is made after a review of the same data and comparisons provided by Yaffe. This recommendation goes to the Executive Committee, which in turn considers all the considerations made by the Comp. Rev. Comm, and makes its own recommendation to the full Board, acting in Executive Session, which acts after getting the full report from the two Committees.
Form 990, Part VI, Section C, line 19	FORM 1023, 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE ON GUIDESTAR AND THE CONFLICT OF INTEREST POLICY IS PUBLISHED ANNUALLY IN THE STAFF HANDBOOK.
	THE COLLEGE HAS AN AUDIT AND COMPLIANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. IN ADDITION, THE AUDIT AND COMPLIANCE COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT AUDITORS.