2026-03-24T14:21:05+00:00 2025-05-31 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2024-06-01 410706151 North Central University NORT 6123434464 910 ELLIOT AVENUE MINNEAPOLIS MN 55404 DARNELL WILLIAMS SR PRESIDENT 2026-03-24 true true Lauren Denton P01571860 2604604000 2026-03-24 2024 2025-03-06 01:10:19Z DARNELL WILLIAMS SR 910 ELLIOT AVENUE MINNEAPOLIS MN 55404 34541770 false 1678 X WWW.NORTHCENTRAL.EDU X 1930 MN TO TRAIN AND PREPARE LEADERS TO SERVE THEIR COMMUNITY, CHURCH, AND WORLD ACCORDING TO THEIR VOCATION AND GIFTS. 22 22 644 30 0 0 3185494 1538919 29209679 29823770 2097956 1029601 826538 -45791 35319667 32346499 12108784 11625852 0 12948891 9959399 0 308385 11610054 10920759 36667729 32506010 -1348062 -159511 50696042 49269358 14822371 13526286 35873671 35743072 NORTH CENTRAL UNIVERSITY IS A CHRISTIAN UNIVERSITY WITH A COMMITMENT TO ACADEMIC EXCELLENCE. false false 28485593 11625852 29823770 NORTH CENTRAL UNIVERSITY (THE UNIVERSITY) IS A CHRISTIAN UNIVERSITY, WITH AN URBAN AND INTERNATIONAL FOCUS, WHOSE PURPOSE IS TO PREPARE PENTECOSTAL LEADERS TO SERVE GOD IN THE CHURCH, THEIR COMMUNITY, AND THE WORLD. THE UNIVERSITY OFFERS ABOUT SIXTY AREAS OF STUDY THROUGH ITS COLLEGE OF ARTS AND SCIENCES, COLLEGE OF FINE ARTS, AND COLLEGE OF CHURCH LEADERSHIP. THE CURRICULUM IS SUPPORTED WITH A CHRISTIAN WORLD VIEW DEVELOPED THROUGH A MEANINGFUL, INTEGRATED GENERAL EDUCATION CORE PROGRAM. THE UNIVERSITY TRAINS STUDENTS TO SERVE GOD IN A VARIETY OF WAYS ACCORDING TO THEIR VOCATION AND GIFTS. PROGRAM FOCUS AT NORTH CENTRAL IS PARTICULARLY UPON URBAN AND INTERNATIONAL SETTINGS, UTILIZING THE METROPOLITAN CONTEXT OF THE MINNEAPOLIS-ST. PAUL AREA AS LABORATORY FOR EFFECTIVE MINISTRY AND WORK IN THE MARKETPLACE, IN ADDITION TO PROVIDING A FULL ARRAY OF CREATIVE INTERNATIONAL LEARNING OPPORTUNITIES. NORTH CENTRAL IS A COEDUCATIONAL, PRIMARILY UNDERGRADUATE RESIDENTIAL UNIVERSITY, OPERATED BY 11 ASSEMBLIES OF GOD DISTRICTS OF THE UPPER MIDWEST. FOUNDED IN 1930, THE UNIVERSITY CURRENTLY SERVES A POPULATION OF ABOUT 1,100 STUDENTS. 28485593 true true false false false false false false false true true false false false true true true false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false false false false true 1076 0 true 644 true false false false false false false false false false false false false X 22 22 false false false false false true false true true false false false false true true true true true true true false false MN X TIMOTHY HAGER 6123434464 910 ELLIOT AVENUE MINNEAPOLIS MN 55404 Brad Trask Vice Chair 2.0 X X 0 0 0 Kathy Madson Secretary 2.0 X X 0 0 0 Shawn Dockter BOARD Chair 2.0 X X 0 0 0 Aaron Hlavin REGENT 2.0 X 0 0 0 Bill Svoboda REGENT 2.0 X 0 0 0 Chad McAtee REGENT 2.0 X 0 0 0 Fred Washington REGENT 2.0 X 0 0 0 Gary Denbow REGENT 2.0 X 0 0 0 Gary Grogan REGENT 2.0 X 0 0 0 John Davis REGENT 2.0 X 0 0 0 Julie Boynton REGENT 2.0 X 0 0 0 Linda Collins REGENT 2.0 X 0 0 0 Mark Dean REGENT 2.0 X 0 0 0 Nate Ruch REGENT 2.0 X 0 0 0 Patrick Guire REGENT 2.0 X 0 0 0 Peggy Dunston REGENT 2.0 X 0 0 0 Phil Schneider REGENT 2.0 X 0 0 0 Rob Ketterling REGENT 2.0 X 0 0 0 Steve Schaible REGENT 2.0 X 0 0 0 Steve Tripp REGENT 2.0 X 0 0 0 Toby Schneckloth REGENT 2.0 X 0 0 0 Winston Titus REGENT 2.0 X 0 0 0 Bethany Harshbarger VP of Enrollment & Student Devel 40.0 X 96864 0 14999 Darnell Williams Sr FORMER FACULTY / PRESIDENT (START 05/2025) 40.0 X 111299 0 17543 Douglas Graham Interim President (LEFT 05/2025) 40.0 X 194438 0 16401 Katherine Ketterling VP Operations & HR 40.0 X 92729 0 23973 Adam Sikorski Faculty 40.0 X 108098 0 6648 Desiree Libengood Provost 40.0 X 100633 0 8978 704061 0 88542 4 true true false SODEXO AFFILIATES PO Box 360170 Pittsburgh PA 152516170 Food Services 2316185 PRESIDIO NETWORKED SOLUTIONS GROUP LLC PO Box 677638 Dallas TX 752677638 Network Support Services 284925 CESO FINANCE LLC 615 1st Ave Suite 115 Minneapolis MN 55413 Financial Services 216000 KANAHOMA LLC 6430 Cibola Road San Diego CA 92120 Website Management Services 204650 SALESFORCE 415 Mission Street San Francisco CA 94105 Software Support Services 165922 8 408670 178818 951431 1538919 TUITION FEES 611600 22181246 22181246 RESIDENT HALL 611710 2558422 2558422 CAFETERIA 611710 1803543 1803543 OTHER AUXILIARY REVENUE 611710 586069 586069 ATHLETIC REVENUE 611710 145537 145537 2548953 2548953 0 0 29823770 689503 689503 0 0 2106800 175350 1905045 37007 201755 138343 340098 340098 0 408670 38289 -38289 -38289 120313 214930 -94617 -94617 MISCELLANEOUS INCOME 900099 87115 87115 0 0 0 0 87115 32346499 29823770 0 983810 11625852 11625852 534005 435909 88635 9461 7732719 6312230 1283484 137005 120176 98100 19947 2129 1020015 832640 169303 18072 552484 450993 91702 9789 42341 42341 67300 67300 39689 39689 1528978 616333 912645 0 246841 201497 40971 4373 291242 237741 48341 5160 653177 533189 108415 11573 986271 805095 163702 17474 565234 461401 93818 10015 26355 21514 4374 467 761197 701548 59649 0 1940551 1719328 157185 64038 434057 354322 72045 7690 MEAL PLAN EXPENSES 1933924 1933924 STUDENT EXPENSES 868441 724296 144145 EQUIPMENT AND MAINTENANCE 514125 419681 85335 9109 MISCELLANEOUS EXPENSES 21036 0 19006 2030 0 0 0 0 32506010 28485593 3712032 308385 16115 23923 11390481 11499719 0 0 1585796 1669396 0 0 0 0 2670000 745887 85322 103429 446226 897851 71462516 42011560 30074038 29450956 3373721 3939699 269089 249040 431889 391340 0 0 353365 298118 50696042 49269358 1310913 993654 0 0 2774872 2018106 0 0 0 0 0 0 9711164 9498416 0 0 1025422 1016110 14822371 13526286 X 26610236 26823014 9263435 8920058 35873671 35743072 50696042 49269358 -159511 28912 0 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4597318 110833 370601 0 59302 0 5019450 4123927 102302 408168 0 37079 0 4597318 4149449 110598 -99575 0 36545 0 4123927 4432773 25240 -268180 0 40384 0 4149449 3425751 217154 823907 0 34039 0 4432773 0.0212 0.9788 0.0 false false 4773874 4773874 20561839 9785977 10775862 25541583 16955498 8586085 13295731 11950080 1345651 7289489 3320005 3969484 29450956 Federal Income Taxes DEPOSITS 236920 ASSET RETIREMENT OBLIGATION 202435 ANNUITIES PAYABLE 75568 POST RETIREMENT BENEFIT OBLIGATION 501187 1016110 X 20963089 28912 253219 282131 20680958 39689 11625852 11665541 32346499 21093688 253219 253219 20840469 39689 11625852 11665541 32506010 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUND WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING THE LONG-TERM MISSION OF THE UNIVERSITY. THE FUND WAS USED FOR SCHOLARSHIPS AND OPERATIONS EXPENSE. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) AND SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE. THE UNIVERSITY IS ALSO EXEMPT FROM MINNESOTA TAXES UNDER MINNESOTA STATUTE CHAPTER 290.05. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CHARITABLE CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. THE UNIVERSITY HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION OF UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX FILING THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS GUIDANCE HAD NO IMPACT ON THE UNIVERSITY'S FINANCIAL STATEMENTS. THE UNIVERSITY'S TAX FILINGS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE UNIVERSITY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. THE UNIVERSITY IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, EXCISE OR OTHER TAXES. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SPECIAL FUNDRAISING EVENT EXPENSES - 38289 COST OF GOODS SOLD - 214930 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements INSTITUTIONAL & FEDERAL SCHOLARSHIPS AND GRANTS - 11625852 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 SPECIAL FUNDRAISING EVENT EXPENSES - 38289 COST OF GOODS SOLD - 214930 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements INSTITUTIONAL & FEDERAL SCHOLARSHIPS AND GRANTS - 11625852 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY EVERY BROCHURE INCLUDES THE PHRASE: "NORTH CENTRAL UNIVERSITY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, SEX, NATIONAL ORIGIN, AGE OR DISABILITY." Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT THE UNIVERSITY RECEIVES FEDERAL AND STATE FUNDING. Banquet 408670 408670 0 3545 18949 3942 11853 0 0 408670 408670 0 3545 18949 3942 11853 38289 -38289 true FEDERAL PELL GRANT 527 2461395 SUPPLEMENTAL ED. OPPORTUNITY GRANT 79 72085 FEDERAL WORK-STUDY PROGRAM 32 114842 FINANCIAL ASSISTANCE - NCU 731 8545641 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE UNIVERSITY REVIEWS AND APPLIES CRITERIA BASED ON CIRCUMSTANCE, GRADE-POINT AVERAGE AND NEED. THE PROCESS IS APPLIED CONSISTENTLY TO ALL STUDENTS OF THE INSTITUTION. FINANCIAL AID MONITORS ALL THE SCHOLARSHIPS THAT ARE AWARDED TO MAKE SURE THEY ARE WITHIN GUIDELINES. X true true X X X X false false false false false false false false false Douglas Graham Interim President (LEFT 05/2025) 194438 0 0 0 0 0 16216 0 185 0 210839 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE HOUSING ALLOWANCE WAS PROVIDED TO THE FOLLOWING INDIVIDUALS: DARNELL WILLIAMS, BETHANY HARSHBARGER, ADAM SIKORSKI, DOUGLAS GRAHAM, AND KATHRYN KETTERLING. THE HOUSING ALLOWANCE IS NOT INCLUDED IN THE TAXABLE INCOME OF THE EMPLOYEES. THE HOUSING ALLOWANCE IS A MINISTERIAL HOUSING ALLOWANCE. Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE UNIVERSITY OBTAINS SALARY DATA THROUGH NUMEROUS SURVEY SOURCES AND OTHER PUBLICLY AVAILABLE DATA FOR COMPARABLE INSTITUTIONS. THE BOARD OF REGENTS REVIEWS THE INFORMATION FOR RECOMMENDATION AND APPROVAL. THE DECISION-MAKING PROCESS AND ALL DELIBERATION ARE WELL DOCUMENTED IN MEETING MINUTES. THE PROCESS WAS LAST COMPLETED IN 2017 FOR THE UNIVERSITY PRESIDENT. THE BOARD OF REGENTS REVIEWS PRIOR YEAR FINANCIAL RESULTS AND CURRENT ENROLLMENT GOALS IN CONJUNCTION WITH OTHER COMPARABLE DATA WHEN SETTING COMPENSATION FOR OTHER OFFICERS. THE LAST APPROVAL WAS COMPLETED IN 2017. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT OF THE UNIVERSITY, THE CHAIR, THE VICE-CHAIR AND THE SECRETARY-TREASURER OF THE BOARD, AND FOUR OTHER BOARD MEMBERS. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO TRANSACT ANY NECESSARY BUSINESS THAT MAY ARISE BETWEEN MEETINGS OF THE BOARD. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE GOVERNING BODY CONSISTS OF THE FOLLOWING: THE DISTRICT SUPERINTENDENT, THE DISTRICT YOUTH DIRECTOR, AND TWO OTHER MEMBERS. THEY ARE APPOINTED TO THE BOARD OF REGENTS BY EACH OF THE FOLLOWING DISTRICTS OF THE ASSEMBLIES OF GOD: ILLINOIS, INDIANA, IOWA, MICHIGAN, MIDWEST LATIN AMERICAN, MINNESOTA, NEBRASKA, NORTH DAKOTA, NORTHERN MISSOURI, SOUTH DAKOTA AND WISCONSIN-NORTHERN MICHIGAN. IN ADDITION, THE PRESIDENT OF THE COLLEGE AND THE EXECUTIVE PRESBYTER OF THE NORTH CENTRAL REGION OF THE GENERAL COUNCIL OF THE ASSEMBLIES OF GOD ARE GIVEN VOTING POSITIONS ON THE BOARD OF REGENTS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. IT IS THEN SENT TO EACH BOARD MEMBER FOR THEIR REVIEW AND APPROVAL BEFORE SUBMITTING THE RETURN TO THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE UNIVERSITY'S CONFLICT OF INTEREST POLICY COVERS ALL EMPLOYEES AND MEMBERS OF THE BOARD OF REGENTS. THE EXECUTIVE COMMITTEE REVIEWS ALL POTENTIAL AND ACTUAL CONFLICTS OF INTEREST THAT ARE REPORTED, AND TAKES ACTION IF NECESSARY. IF BOARD ACTION IS REQUIRED, THE BOARD MEMBER WITH A CONFLICT OF INTEREST WOULD BE EXCUSED FROM THE VOTING PROCESS TO HELP AVOID THE CONFLICT. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES Form 990, Part VI, Line 19 Required documents available to the public THE UNIVERSITY'S GOVERNING DOCUMENTS ARE AVAILABLE THROUGH THE MINNESOTA SECRETARY OF STATE, AND UPON REQUEST. THE UNIVERSITY'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue ALL OTHE PSR - Total Revenue: 2548953, Related or Exempt Function Revenue: 2548953, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XII, Line 2c THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNT HAS NOT CHANGED FROM THE PRIOR YEAR.