NEWBERRY COLLEGE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- NEWBERRY COLLEGE (EIN 57-0314404)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-16
- IRS object ID
- 201131369349303813
- 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 O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-16T13:40:30-05:00 | 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 | DERRICK STUBBS & STITH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 508 HAMPTON STREET 1ST FLOOR | AddressLine1 |
| City | COLUMBIA | City |
| State | SC | State |
| ZIP Code | 29201 | 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 | 570314404 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWBERRY COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWB | NameControl |
| Phone | 8032765010 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 College Street | AddressLine1 |
| City | NEWBERRY | City |
| State | SC | State |
| ZIP Code | 29108 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN FELD | Name |
| Title | CFO | Title |
| Phone | 8033213353 | Phone |
| Date Signed | 2011-05-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Alan F Grimsley CPA | Name |
| Phone | 8037995810 | 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 | DR STEVEN FELD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 COLLEGE STREET | AddressLine1 |
| City | NEWBERRY | City |
| State | SC | State |
| ZIP Code | 29108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 34089029 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1878 | YearFormation |
| State Legal Domicile | SC | StateLegalDomicile |
| Activity Or Mission Description | PROVIDE UNDERGRADUATE EDUCATION FOR APPROXIMATELY 750 STUDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 24 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 397 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3207815 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3231688 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 26592774 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 29698429 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1063022 | InvestmentIncomePriorYear |
| Investment Income Current Year | 465464 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 236456 | OtherRevenuePriorYear |
| Other Revenue Current Year | 693448 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 28974023 | TotalRevenuePriorYear |
| Total Revenue Current Year | 34089029 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10808054 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 12371792 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8207710 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8030783 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 104563 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 5642 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 33991 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10745940 | OtherExpensePriorYear |
| Other Expenses Current Year | 12804709 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 29866267 | TotalExpensesPriorYear |
| Total Expenses Current Year | 33212926 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -892244 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 876103 | RevenuesLessExpensesCY |
| Total Assets BOY | 52842275 | TotalAssetsBOY |
| Total Assets EOY | 53649987 | TotalAssetsEOY |
| Total Liabilities BOY | 29426631 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 28224785 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23415644 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 25425202 | NetAssetsOrFundBalancesEOY |
| Mission Description | Newberry College challenges and nurtures students for lifetimes of service and leadership through intellectual transformation, social development, a culture of physical well-being, and spiritual growth by providing a Christian education in the Lutheran Tradition. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 28823972 | Expense |
| Description | UNDERGRADUATE EDUCATION AND RELATED ACTIVITIES. | Description |
| Total Program Service Expense | 28823972 | 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 | 0 | 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 | 0 | 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 | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | 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 | 1017 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 397 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 24 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | 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 | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dr Steven Feld | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8033213353 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 COLLEGE STREET | AddressLine1 |
| City | NEWBERRY | City |
| State | SC | State |
| ZIP Code | 29108 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (28 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | FormerFormer |
|---|---|---|---|---|---|---|---|
| Ashburn Mr William Wick | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Bridgers The Rev Kirk P | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Brodie III Mr Willard O | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Carter Mr Joel M | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CONRWELL MR WOODY | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Hart Mr R Jonathan Shot | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Havird Mr Eddie P | |||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | ||
| James II Robert Bob Franklin | |||||||
| truSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Johnson II Mr Fred B | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Nichols Dr J Wade | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Pearce Mr Hugo A Hap | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Pearson Mr L Wayne | |||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | ||
| Prince Mr Marshall | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Reid Mr Michael | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Snyder Mr Frank S | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Surles Mr John Michael Mike | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Trainor Mr Joe | |||||||
| truSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Vorpagel Mr David L | |||||||
| VICE CHAIRMAN | 1.00 | X | 0 | 0 | 0 | ||
| Walker Mr William P | |||||||
| CHAIRMAN | 1.00 | X | 0 | 0 | 0 | ||
| Wells Mr Eric | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| West Mr Billye | |||||||
| trusTEE | 1.00 | X | 0 | 0 | 0 | ||
| West Mr Edward L Ed | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Wilhelm Rev Mark | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Yoos III The Rev Dr Herman R | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Yu Mr Eugene Chin | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| Key Ms Kristi | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DR V SCOTT KOERWER | |||||||
| PRESIDENT | 40.00 | 96694 | 0 | 0 | X | ||
| ZAIS MITCHELL | |||||||
| PRESIDENT | 40.00 | 30000 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 96694 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | 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 | |||||
| PO Box 828441 | Philadelphia | PA | 19182 | Food Service and Facilities | 2117600 |
| Sodexho | |||||
| 2100 COLLEGE STREET | NEWBERRY | SC | 29108 | Food Service Provider | 899131 |
| First American Equipment Finance | |||||
| PO Box 3202 | Carol Stream | IL | 60132 | Equipment Financing | 254460 |
| West Electrical Contractors | |||||
| PO Box 734 | NEWBERRY | SC | 29108 | Electrical Contractors | 247194 |
| SSC Service Solutions | |||||
| 1845 Midpark Road | Knoxville | TN | 37950 | Custodial Service | 192805 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 21223 | GovernmentGrants |
| All Other Contributions | 3210465 | AllOtherContributions |
| Total Contributions | 3231688 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION/FEES | 900099 | 23319608 | 23319608 |
| STUDENT SERVICES | 900099 | 6378821 | 6378821 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 29698429 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3977 | TotalRevenueColumn |
| Exclusion | $3,977 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 461487 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 461487 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 461487 | TotalRevenueColumn |
| Related Or Exempt Function Income | 461487 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | AUXILLARY ACTIVITIES | Description |
| Business Code | 900004 | BusinessCode |
| Total Revenue Column | 693448 | TotalRevenueColumn |
| Related Or Exempt Function Income | 693448 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 693448 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34089029 | TotalRevenueColumn |
| Related Or Exempt Function Income | 30853364 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,977 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12371792 | Total |
| Program Services | 12371792 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 96694 | Total |
| Program Services | 96694 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7902999 | Total |
| Program Services | 7378010 | ProgramServices |
| Management And General | 524989 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31090 | Total |
| Program Services | 31090 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122992 | Total |
| Program Services | 2069 | ProgramServices |
| Management And General | 120923 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5642 | Total |
| Fundraising | 5642 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137582 | Total |
| Program Services | 45617 | ProgramServices |
| Management And General | 88557 | ManagementAndGeneral |
| Fundraising | 3408 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -49861 | Total |
| Program Services | -50993 | ProgramServices |
| Management And General | 1132 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 731586 | Total |
| Program Services | 452106 | ProgramServices |
| Management And General | 275191 | ManagementAndGeneral |
| Fundraising | 4289 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33860 | Total |
| Program Services | 18673 | ProgramServices |
| Management And General | 9450 | ManagementAndGeneral |
| Fundraising | 5737 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 590503 | Total |
| Management And General | 590503 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1868187 | Total |
| Management And General | 1868187 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 224477 | Total |
| Program Services | 7592 | ProgramServices |
| Management And General | 216885 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Auxliliary enterprises | 2688749 | 2688749 | |
| Student service | 1596410 | 1596410 | |
| Instruction | 1290518 | 1290518 | |
| Institution | 1127331 | 1127331 | |
| Supplies | 744269 | 604477 | 139792 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1698106 | Total |
| Program Services | 1163837 | ProgramServices |
| Management And General | 519354 | ManagementAndGeneral |
| Fundraising | 14915 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33212926 | Total |
| Program Services | 28823972 | ProgramServices |
| Management And General | 4354963 | ManagementAndGeneral |
| Fundraising | 33991 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 844210 | BOY |
| EOY | 1976688 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 379327 | BOY |
| EOY | 425922 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2321352 | BOY |
| EOY | 2485219 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13163 | BOY |
| EOY | 13163 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 57520531 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 29258049 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30961156 | BOY |
| EOY | 28262482 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15342484 | BOY |
| EOY | 17299263 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2980583 | BOY |
| EOY | 3187250 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52842275 | BOY |
| EOY | 53649987 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2819314 | BOY |
| EOY | 1812202 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84330 | BOY |
| EOY | 828662 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24867608 | BOY |
| EOY | 24302734 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1655379 | BOY |
| EOY | 1281187 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29426631 | BOY |
| EOY | 28224785 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2159973 | BOY |
| EOY | 2940086 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1424575 | BOY |
| EOY | 1689655 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19831096 | BOY |
| EOY | 20795461 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23415644 | BOY |
| EOY | 25425202 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 52842275 | BOY |
| EOY | 53649987 | 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 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12969719 | BeginningOfYearBalance |
| Contributions | 943938 | Contributions |
| Investment Earnings Or Losses | 1500364 | InvestmentEarningsOrLosses |
| Other Expenditures | 662010 | OtherExpenditures |
| End Of Year Balance | 14752011 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17279453 | BeginningOfYearBalance |
| Contributions | 735466 | Contributions |
| Investment Earnings Or Losses | -4136210 | InvestmentEarningsOrLosses |
| Other Expenditures | 908990 | OtherExpenditures |
| End Of Year Balance | 12969719 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.03000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.97000 | PermanentEndowmentEOYBalance |
| 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 | 1411789 | OtherCostOrOtherBasis |
| Book Value | 1411789 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39302895 | OtherCostOrOtherBasis |
| Depreciation | 15819897 | Depreciation |
| Book Value | 23482998 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3471901 | OtherCostOrOtherBasis |
| Depreciation | 2509202 | Depreciation |
| Book Value | 962699 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11037296 | OtherCostOrOtherBasis |
| Depreciation | 8966493 | Depreciation |
| Book Value | 2070803 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2296650 | OtherCostOrOtherBasis |
| Depreciation | 1962457 | Depreciation |
| Book Value | 334193 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 28262482 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMON EQUITY | 210272 | F |
| HEDGE FUNDS | 2078489 | F |
| MUTUAL FUNDS | 8580129 | F |
| REAL ESTATE | 24000 | F |
| STOCKS | 6160302 | F |
| US GOV'T BONDS | 246071 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 17299263 | TotalOfBookValueSecurities |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| CSV LIFE INSURANCE | 405256 |
| FUNDS IN TRUST | 1995176 |
| OTHER ASSETS | 692424 |
| PREPAID EXPENSE | 94394 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 3187250 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE | $379,369 |
| DEPOSITS | $283,888 |
| PERKINS FUNDS | $617,930 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1281187 | TotalOfAmounts |
| Total Revenue | 34089029 | TotalRevenue |
| Total Expenses | 33212926 | TotalExpenses |
| Excess Or Deficit For Year | 876103 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1133455 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1133455 | TotalAdjustments |
| Excess Or Deficit Per FS | 2009558 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 23051134 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1133455 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 1133455 | RevenueNotRptdF990 |
| Revenue Subtotal | 21917679 | RevenueSubtotal |
| Other Revenues Not Included | 12171350 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 12171350 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 34089029 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 21041576 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 21041576 | ExpensesSubtotal |
| Other Expenses Not Included | 12171350 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 12171350 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 33212926 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Part XII, Line 4b - Other Adjustments: | SCHOLARSHIPS: 12171350. |
| Part XIII, Line 4b - Other Adjustments: | SCHOLARSHIPS: 12171350. |
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 NONDISCRIMINATORY POLICY IS INCLUDED IN ALL ADVERTISING AND RECRUITING MATERIALS AND THE STUDENT HANDBOOKS AND CATALOGUES. | 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 PARTICIPATES IN LOANS TO STUDENTS UNDER FEDERAL FAMILY EDUCATION LOANS. | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS | TypeOfGrant |
| Amount Of Cash Grant | 12371792 | AmountOfCashGrant |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| 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 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | THE FORM 990 IS REVIEWED BY THE PRESIDENT. |
| Form 990, Part VI, Section B, line 12c | during Board of Trustee meetings if there is discussion that is potentially going to cause a conflict of interest issue all parties are recognized and then they recuse themselves from all discussions on said topic. The minutes of the Board of Trustees meetings are noting that there is a potential conflict of interest and the steps taken to monitor and enforce. |
| Form 990, Part VI, Section B, line 15 | A COMPENSATION COMMITTEE ON THE BOARD OF TRUSTEES APPROVES ALL CONTRACT TEMPLATES AND INDIVIDUAL CONTRACTS FOR TOP MANAGEMENT AND THE PRESIDENT. HR DEPARTMENT PROVIDES COMPARABLE DATA. THE CONTRACT FOR TOP MANAGEMENT AND THE PRESIDENT MUST ALSO BE APPROVED BY THE BOARD OF TRUSTEES. |
| Form 990, Part VI, Section C, line 19 | ALL GOVERNING DOCUMENTS ARE GIVEN TO THE BOARD OF TRUSTEES ALONG WITH ALL UPDATES AS NEEDED. ALL GOVERNING DOCUMENTS RELATING TO THE FACULTY ARE GIVEN TO EACH MEMBER BY THE APPROPRIATE HEADS AND AT MONTHLY FACULTY MEETINGS. SOME OF THE DOCUMENTS ARE ALSO LOCATED ON OUR WEBSITE. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEWBERRY COLLEGE FOUNDATION BOARD OF VISITORS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2100 COLLEGE STREET | AddressLine1 |
| City | NEWBERRY | City |
| State | SC | State |
| ZIP Code | 29108 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 576026382 | EIN |
| Legal Domicile State | SC | LegalDomicileState |
| Exempt Code Section | 501(c)3 | ExemptCodeSection |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |