2011-04-06T14:07:43-05:00 2010-06-30 TAYLOR WAINIO & NEVILLE PA 320 HIGH TIDE DR SUITE 201 ST AUGUSTINE FL 320802309 990 2009-07-01 591157081 Flagler College Inc FLAG 9048296481 PO Box 1027 St Augustine FL 320851027 Kenneth S Russom 9048296481 2011-03-08 1 Dail A Taylor 9044845008 2009 2016-02-24 21:20:13Z Kenneth S Russom Po Box 1027 St Augustine FL 320851027 77806857 0 X www.flagler.edu X College 1968 FL Education 23 22 976 59 0 4835 5007948 6900695 41144176 44221680 -1245238 833668 869953 434817 45776839 52390860 0 0 18748178 20142532 0 1278307 25241629 27649563 43989807 47792095 1787032 4598765 141476461 147061593 39310408 38309646 102166053 108751947 To provide educational services in a supportive and challenging environment in which students acquire knowledge, exercise good citizenship, and adhere to high ethical standards. 0 0 37573286 6936621 44276301 4-YEAR PRIVATE LIBERAL ARTS COLLEGE. PROVIDED EDUCATIONAL SERVICES TO APPROX 2600 STUDENTS PROVIDED HOUSING TO APROX 940 STUDENTS. 37573286 1 1 0 1 0 1 1 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 1 0 0 0 1 55 0 976 1 1 1 0 0 0 0 1 1 0 0 0 0 0 23 22 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X PAMELA LEYDON 9048296481 74 KING STREET ST AUGUSTINE FL 32084 Mr John D Bailey Sr X 0 0 0 Mr Mark F Bailey X 0 0 0 Mr Eddie Creamer X 0 0 0 Mr David Drysdale X 0 0 0 Mr William W Gay X 0 0 0 Mr Horace A Gray IV X 0 0 0 Mr Richard W Groux Jr X 0 0 0 Mr GF Robert Hanke X 0 0 0 Mr Walter G Jewett Jr X 0 0 0 Mrs Delores T Lastinge X 0 0 0 Mr Robert E Martin X 0 0 0 The Hon Howell Melton X 0 0 0 Mr Duane L Ottenstroer X 0 0 0 Mr Lewis PollARD X 0 0 0 Mr Chris L Regas X 0 0 0 Mr Randal L Ringhaver X 0 0 0 Mrs Nancy E Rutland X 0 0 0 Mr Bradford B Sauer X 0 0 0 Mr Frank C Steinemann X 0 0 0 Mr Frank D Upchurch II X 0 0 0 Mr Brian L Wilson X 0 0 0 Mr Jack Wilson X 0 0 0 Dr William T Abare Jr 50.00 X X 307728 0 74139 Mrs Mary Jane Dillon 50.00 X 80419 0 10891 Mr Kenneth S Russom 50.00 X X 127613 0 12209 dr William L Proctor 50.00 X X 165109 0 0 Mr John Stewart 40.00 X 169981 0 21614 Mr Alan Woolfolk 40.00 X 135699 0 12214 Mr Joe Provenza 40.00 X 106799 0 14828 Ms Pamela Leydon 40.00 X 100410 0 5463 Ms Donna Delorenzo 40.00 X 100851 0 16581 1294609 0 167939 8 0 1 0 blue cross blue shield PO Box 2458 Jacksonville FL 32231 Professional 2225525 Aramark 1101 Market St philadelphia PA 19107 Other Professional 1914625 ThompsonBaker agency 61 cordvoa st St Augustine FL 32084 Other Professional 1225472 Florida Power & Light PO Box 025576 Miami FL 33102 Other Professional 1112731 Bank of America Visa PO Box 15019 Wilmington DE 19850 Other Professional 851837 23 4241272 2659423 72291 6900695 TUITION & FEES, DORMIT 611600 44203680 44122895 80785 18000 18000 44221680 820777 820777 34806 34806 34806 34806 25208677 25195786 12891 12891 12891 41067 46896 -5829 -5829 491446 173315 318131 318131 OTHER REVENUE - RELATE 900099 87709 87709 87709 52390860 44276301 0 1213864 429088 429088 15857292 11132416 3857758 867118 640136 640136 2035354 2027792 7562 1180662 798558 325038 57066 41180 41180 120734 120734 2485454 2485454 652344 366365 228924 57055 65859 65859 1138602 1138602 5472275 5472275 33447 33447 Other Expenses - Progra 13511688 13511688 Other Expenses - Manage 3896771 3896771 Other Expenses - Fundra 231209 231209 47792095 37573286 8940502 1278307 666336 2927627 14652521 14992378 1181938 1223858 152807 208629 271153 247208 555185 551525 148886 159812 1216586 1260070 133553973 35932248 99598397 97621725 23015666 27844038 16986 24723 141476461 147061593 3184856 3327082 153965 177046 33390000 32256816 2581587 2548702 39310408 38309646 X 90378208 96219378 1588384 1688734 10199461 10843835 102166053 108751947 141476461 147061593 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 X 1 1 0 138750 382809 0 0 X X X X 0 36972102 817815 2991947 377599 40404265 42095813 516704 -5173498 466917 36972102 0.63550 0.34490 0.01960 0 1 1 9699465 9699465 51394275 8797974 42596301 53945296 15826699 38118597 9491958 5720039 3771919 9022979 5587536 3435443 97621725 Other liabilities 1418355 Premium on bonds payable 1130347 2548702 52390860 47792095 4598765 2161958 252984 -427813 1987129 6585894 62000796 2161958 10929189 13091147 48909649 3481211 3481211 52390860 53443144 8877342 8877342 44565802 3226293 3226293 47792095 Part III, Line 4: The College's collection includes various works of art from the Ponce de Leon Hotel and donations which furthers the Colege's exempt purpose by providing educational value to the College. The adjustments include the removal of the endowment funds and state funding. 1 1 1 THE COLLEGE ISSUES ITS CATALOG AND VIEWBOOKS FOR PUBLIC INSPECTION. BOTH DISCLOSE THE NONDISCRIMINATORY POLICY. SCHOOL DRAWS A SUBSTANTIAL % OF STUDENTS NATIONWIDE & FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 THE COLLEGE RECEIVES FEDERAL TITLE IV FUNDS AND STATE GRANTS FUNDING HISTORIC BUILDING RENOVATIONS AND THE CHILD REACH OUT PROGRAM. 1 New Year's Eve Ball 12619 12619 28702 President's Golf Tournament Gift 28448 28448 18190 41067 41067 46892 46892 -5825 X X X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 Dr William T Abare Jr 162805 0 20000 0 124923 0 68871 0 5268 0 381867 0 398917 0 dr William L Proctor 159362 0 0 0 5747 0 0 0 0 0 165109 0 152204 0 Mr John Stewart 166925 0 0 0 3056 0 7751 0 13863 0 191595 0 154870 0 Part I, Line 1a The College provides the President, Bill Abare, a housing allowance with a tax gross-up provision and pays for annual dues to the Marsh Creek Country Club which the President may use. The amount of $74,014 for a housing allowance was included as taxable compensation. The tax gross-up amount was $31,421, and was also included as taxable compensation. The dues paid to Marsh Creek Country Club were $4704 and not included as taxable compensation. Higher Educational Facilities Financing Authority 900058227 34073TAD9 2003-11-16 22000000 construction and renovation projects 0 0 Higher Educational Facilities Financing Authority 900058227 34073TAW7 2006-12-21 21212458 acquisition, construction and equipping of educational facilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Dr William Abare Home Mortgage X 381650 247208 0 1 1 Alan Woolfolk Moving Expenses X 40000 40000 0 0 1 287208 William W Gay Trustee 687128 Contractor for College 0 X 1 Independent appraisal X 3 FMV at date of contribut 1 0 0 0 Form 990, Part VI, Section A, line 2 Trustees John D. Bailey, Sr. and John D. Bailey, Jr. have a family relationship. Trustees Jack Wilson and Brian Wilson have a family relationship. Trustees Frank D. Upchurch, Jr. and Frank D. Upchurch III have a family relationship. Form 990, Part VI, Section B, line 11 A copy of Form 990 is provided to the College's Board of Trustees prior to submission. As a matter of procedure, the executive committee of the Board of Trustees reviews the Form 990. The executive committee then provides a report of its review to the full board. Form 990, Part VI, Section B, line 12c The Organization's Board of Trustees discusses the policy annually. Form 990, Part VI, Section B, line 15 The Board of Trustees reviews and approves the President's compensation. The President reviews and approves other officers and key employees' compensation. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The Audit Committee is responsibile for oversight of the audit and selection of an independent accountant. Flagler College Endowment Fund PO Box 1027 St Augustine FL 32085 510224117 Provide support to the College VA 501(c)(3) 170(b)(1)(A) Flagler College Inc Jessie Kenan Wise Foundation PO Box 1027 St Augustine FL 32085 566040717 Provide support to the College NC 501(c)(3) 170(b)(1)(A) Flagler College Inc 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0