2026-03-17T13:52:17-05:00 2025-05-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-06-01 582624570 SHORTER UNIVERSITY SHOR 7062912121 315 SHORTER AVENUE ROME GA 301654267 MICHELLE STRICKLIN VP OF FINANCE, CFO 7062912121 2026-03-17 1 0 DAREN DAIGA P01074795 5055022746 2026-03-17 2024 2025-03-06 01:10:19Z DR DONALD V DOWLESS 315 SHORTER AVENUE ROME GA 301654267 36562057 0 X WWW.SHORTER.EDU X 1873 GA SHORTER UNIVERSITY IS A PRIVATE CHRISTIAN NON-PROFIT COMPREHENSIVE LIBERAL ARTS INSTITUTION. 30 30 436 43 0 0 8161611 4239777 33654214 30741124 800019 916986 -51940 -71817 42563904 35826070 12655286 12687120 0 0 13031360 13251638 0 0 294918 12748210 10943558 38434856 36882316 4129048 -1056246 62896123 61746392 16167053 15872401 46729070 45873991 ADVANCING GOD'S KINGDOM THROUGH A COMMITMENT TO ACADEMIC EXCELLENCE, SPIRITUAL GROWTH, CHRISTIAN LEADERSHIP, AND GLOBAL SERVICE WITHIN THE CONTEXT OF A BIBLICAL WORLDVIEW. 0 0 18832608 12687120 24789579 INSTRUCTIONAL - FUNDS EXPENDED FOR INSTRUCTIONAL ACTIVITIES IN ASSOCIATE, BACHELOR, AND MASTER DEGREE PROGRAMS. ENROLLMENT IN 2024-2025 INCLUDED 1490 STUDENTS.SCHOLARSHIP AND FINANCIAL AID - COMPREHENSIVE FINANCIAL ASSISTANCE PROGRAM INCLUDES SCHOLARSHIPS, GRANTS, LOANS AND PART-TIME CAMPUS EMPLOYMENT. EVERY STUDENT ENROLLED FULL-TIME AT SHORTER UNIVERSITY RECEIVES SOME FORM OF FINANCIAL ASSISTANCE. 6094829 0 5065562 STUDENT SUPPORT - FUNDS EXPENDED FOR ACTIVITIES CONTRIBUTING TO STUDENTS' WELL BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF FORMAL INSTRUCTION. 3795053 0 885983 ACADEMIC SUPPORT - EXPENDITURES INTEGRAL TO THE OPERATION AND SUPPORT OF THE ACADEMIC SERVICES OF THE UNIVERSITY.AUXILIARY ENTERPRISES - EXPENDITURES TO PROVIDE SERVICES TO STUDENT, FACULTY, AND STAFF INCLUDING HOUSING, CAFETERIA, AND BOOKSTORE. 28722490 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1639 0 1 436 1 0 0 0 0 0 0 0 1 0 0 0 X 30 30 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X MICHELLE STRICKLIN 7062912121 315 SHORTER AVENUE ROME GA 301654267 RANDY BOWEN CHAIRMAN 1.00 X X 0 0 0 BRYAN RICE BOARD VICE-CHAIR 1.00 X X 0 0 0 JERRY EMERSON SECRETARY 1.00 X X 0 0 0 DR THOMAS HAMMOND EX OFFICIO MEMBER 1.00 X X 0 0 0 REV BEN SMITH CHAIR OF FINANCE 1.00 X 0 0 0 CHASE CAMP TRUSTEE/MAL EXECUTIVE COMMITTEE 1.00 X 0 0 0 REV KEITH MOORE TRUSTEE/MAL EXECUTIVE COMMITTEE 1.00 X 0 0 0 REV BRIAN CARROLL TRUSTEE 1.00 X 0 0 0 CAREY STRANGE TRUSTEE 1.00 X 0 0 0 DAVID WHITENER TRUSTEE 1.00 X 0 0 0 DR JOE TANNER TRUSTEE 1.00 X 0 0 0 JOHN HATCHER TRUSTEE 1.00 X 0 0 0 MRS JULIANNA ROGERS TRUSTEE 1.00 X 0 0 0 KEN GUICE TRUSTEE 1.00 X 0 0 0 REV MATTHEW BOWDEN TRUSTEE 1.00 X 0 0 0 MRS MICHELLE SABOU TRUSTEE 1.00 X 0 0 0 REV MIKE HARDY TRUSTEE 1.00 X 0 0 0 RUSS BROWN TRUSTEE 1.00 X 0 0 0 DR STACY DYER TRUSTEE 1.00 X 0 0 0 DR STEVE PARR TRUSTEE 1.00 X 0 0 0 TIM BROWN TRUSTEE 1.00 X 0 0 0 REV RANDO ACRES TRUSTEE 1.00 X 0 0 0 DR DANNY COCHRAN TRUSTEE 1.00 X 0 0 0 MR WILLIAM FRICKS TRUSTEE 1.00 X 0 0 0 REV MICAH HAMRIC TRUSTEE 1.00 X 0 0 0 MRS SHEILA LAWLER TRUSTEE 1.00 X 0 0 0 DR PHILIP MAY TRUSTEE 1.00 X 0 0 0 MR GREG POLLEY TRUSTEE 1.00 X 0 0 0 MR TODD SHOOK TRUSTEE 1.00 X 0 0 0 MR DEREK SPAIN TRUSTEE 1.00 X 0 0 0 CHRIS COWART TRUSTEE/MAL EXECUTIVE COMMITTEE (PART YEAR) 1.00 X 0 0 0 CLIFF DUREN TRUSTEE (PART YEAR) 1.00 X 0 0 0 LAMAR PINSON TRUSTEE (PART YEAR) 1.00 X 0 0 0 LARRY MAXEY TRUSTEE (PART YEAR) 1.00 X 0 0 0 RANDALL FARRELL TRUSTEE (PART YEAR) 1.00 X 0 0 0 REV BARRY PEPPERS TRUSTEE (PART YEAR) 1.00 X 0 0 0 REV JASON BRITT TRUSTEE (PART YEAR) 1.00 X 0 0 0 REV JOHN PRICE TRUSTEE (PART YEAR) 1.00 X 0 0 0 WAYNE ANGEL TRUSTEE/MAL EXECUTIVE COMMITTEE (PART YEAR) 1.00 X 0 0 0 DR DONALD V DOWLESS PRESIDENT 60.00 X 179346 0 26175 MICHELLE STRICKLIN VP OF FINANCE, CFO 60.00 X 124510 0 14543 DR JOHN REAMS PROVOST 40.00 X 102553 0 29970 DR BEN BRUCE VP OF ADVANCEMENT 40.00 X 105540 0 1037 511949 0 71725 4 0 1 0 ENCOURA 75 REMITTANCE DRIVE CHICAGO IL 606751020 MARKETING - ADMISSIONS 416261 JENZABAR PO BOX 55018 BOSTON MA 022055018 CORE PROCESSOR 410555 EMPLOYMENT INNOVATIONS DBA ETOWAH EMPLOYMENT ROME GA 30161 TEMPORARY STAFFING 402702 SMITH CONSTRUCTION 144 W MAIN STREET KINGSTON GA 30145 CONSTRUCTION - ROOFING 385817 FOLLETT CORPORATION 3 WESTBROOK CORPORATE WESTCHESTER IL 60145 BOOKSTORE 301333 13 279112 1529455 221037 2210173 31129 4239777 TUITION AND FEES 611310 24789579 24789579 STUDENT SUPPORT 611310 5065562 5065562 ACADEMIC SUPPORT 611310 885983 885983 30741124 922914 922914 300 0 300 300 300 657942 657942 5928 0 -5928 -5928 -5928 0 279112 72117 -72117 -72117 35826070 30741124 0 845169 12687120 12687120 346947 346947 10759829 8074493 2517352 167984 1372562 1082985 281129 8448 772300 645938 112754 13608 20984 20984 152657 152657 1294993 604491 683216 7286 1557 1557 142326 8182 124337 9807 2476 2476 1213389 68414 1144975 676722 669112 6552 1058 1488994 526344 915853 46797 891978 686823 205155 1644297 1266109 378188 937393 477567 459826 FOOD EXPENSES 959633 959633 REPAIRS & MAINTENANCE 292503 10271 282232 1223656 955008 228718 39930 36882316 28722490 7864908 294918 1216282 4861914 5557854 124859 1015 721240 661663 713869 20515 20515 430317 707490 70519717 35286636 35866548 35233081 16514102 17137263 1713363 1722859 584540 173061 329924 330241 62896123 61746392 1234739 1328000 371498 567988 13623171 13518171 937645 458242 16167053 15872401 X 32194229 31468968 14534841 14405023 46729070 45873991 62896123 61746392 X -1056246 193393 7774 X 0 1 X 1 1 1 X 8046235 7307770 6681008 8161611 4239777 34436401 8046235 7307770 6681008 8161611 4239777 34436401 1233473 33202928 231694 226155 283217 803106 923214 2467386 250000 2023 252023 37155810 159635399 0.89360 0.91210 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 2,023. DEBT CANCELLATION - 2020 AMOUNT: $ 250,000. SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 319669 X X X 0 9711828 113311 725091 553500 9996730 9687130 14663 721435 711400 9711828 10090689 67800 214441 685800 9687130 10457066 105420 195803 667600 10090689 10599448 141275 373143 656800 10457066 0.00000 0.87648 0.12352 0 1 1 10000 2537912 2547912 47036640 18968644 28067996 2110855 1508538 602317 18488317 14809454 3678863 335993 335993 35233081 CONDITIONAL ASSET RETIREMENT OBLIGATION 458242 458242 23451194 193393 38960 79891 312244 23138950 12687120 12687120 35826070 24306273 38960 72117 111077 24195196 12687120 12687120 36882316 PART III, LINE 4: COLLECTION ITEMS CONSIST OF ARTWORK, ARTIFACTS, AND EXOTIC TAXIDERMY DONATED TO THE UNIVERSITY, WHICH ARE ON DISPLAY IN VARIOUS LOCATIONS ON THE CAMPUS. PART V, LINE 4: THE MAJORITY OF SHORTER UNIVERSITY'S ENDOWMENT INTENDS TO PROVIDE SCHOLARSHIPS TO STUDENTS WITH A SMALL AMOUNT RESTRICTED FOR PROFESSORSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 72,117. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 7,774. PART XI, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 12,687,120. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 72,117. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 12,687,120. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY ON THE HOMEPAGE OF ITS WEBSITE AT ALL TIMES DURING ITS TAX YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS. SCHEDULE E, PART I, LINE 6 THE FEDERAL GOVERNMENT AWARDS THE UNIVERSITY VARIOUS MONIES RESTRICTED FOR STUDENT FINANCIAL AID. THE MONIES ARE AWARDED THROUGH FEDERAL PROGRAMS: PELL GRANT (PELL), FEDERAL DIRECT STUDENT LOANS (FDL), FEDERAL WORK STUDY (FWS), FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT (FSEOG), GEORGIA STUDENT FINANCE COMMISSION, AND FEDERAL PERKINS LOAN PROGRAM. PRESIDENT'S GALA 279112 279112 29086 21194 21837 279112 279112 29086 21194 21837 72117 -72117 1 SCHOLARSHIPS 939 12687120 PART I, LINE 2: SHORTER UNIVERSITY PARTICIPATES IN THE STUDENT FINANCIAL ASSISTANCE PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION. FUNDS ARE AWARDED AND APPLIED DIRECTLY TO STUDENT ACCOUNTS BASED ON THE DEPARTMENT OF EDUCATION GUIDELINES SET FORTH BY THE TITLE IV PROGRAMS. SCHOLARSHIP RECIPIENTS ARE SELECTED BASED ON ESTABLISHED MERIT AND NEED-BASED CRITERIA. QUALIFICATIONS FOR SCHOLARSHIPS VARY. ALL SCHOLARSHIPS ARE MONITORED BY THE FINANCIAL AID DEPARTMENT AND ARE APPLIED DIRECTLY TO EACH STUDENT'S ACCOUNT. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 DR DONALD V DOWLESS PRESIDENT 174012 0 0 0 5334 0 0 0 26175 0 205521 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, AND AS A CONVENIENCE TO THE UNIVERSITY, THE PRESIDENT IS PROVIDED A HOME ON UNIVERSITY GROUNDS. THE HOME IS PROVIDED AS A NONTAXABLE BENEFIT TO THE PRESIDENT. PART I, LINE 7 MICHELLE STRICKLIN RECEIVED A DISCRETIONARY BONUS APPROVED BY THE PRESIDENT DURING THE YEAR. X 1 8000 COST X TRAVEL/MEALS 11 12662 COST X MISCELLANEOUS 4 10121 COST X EQUIPMENT/MATERIALS 3 346 COST 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 1A THE GOVERNING BODY DELEGATES BROAD AUTHORITY TO AN EXECUTIVE COMMITTEE CONSISTING OF THE CHAIR, THE VICE CHAIR, AND SECRETARY OF THE BOARD OF TRUSTEES, THE CHAIR OF THE FINANCE AND INVESTMENT COMMITTEE, AND THREE OTHER BOARD OF TRUSTEES MEMBERS ELECTED BY THE BOARD OF TRUSTEES AT THE ANNUAL MEETING. THE EXECUTIVE COMMITTEE HAS FULL POWER AND AUTHORITY TO ACT AND TO TRANSACT ANY BUSINESS FOR AND ON BEHALF OF THE UNIVERSITY AND IN THE PLACE OF THE BOARD OF TRUSTEES DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 GEORGIA BAPTIST CONVENTION IS THE UNIVERSITY'S SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A ALL TRUSTEES SHALL BE ELECTED BY THE MEMBER, INCLUDING THOSE ELECTED TO FILL ANY VACANCY ON THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER HAS THE RIGHT TO VOTE ON ANY PROPOSAL OF DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND IS REVIEWED BY THE VP OF FINANCE, CFO. THE REVIEWED FORM 990 IS THEN PROVIDED TO THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE UNIVERSITY REQUIRES THE BOARD OF TRUSTEES, AND OFFICERS TO ANNUALLY SIGN CONFLICT-OF-INTEREST STATEMENTS DISCLOSING ANY CONFLICTS OF INTEREST. THE ADMINISTRATIVE ASSISTANT TO THE PRESIDENT REVIEWS THE STATEMENTS AND GIVES ANY STATEMENTS INDICATING A CONFLICT TO THE PRESIDENT; THE PRESIDENT DISCLOSES THE CONFLICT TO THE HEAD OF THE BOARD; THE BOARD OR A COMMITTEE DETERMINES WHETHER AN ACTUAL CONFLICT EXISTS. IF A CONFLICT OF INTEREST ARISES AT A BOARD MEETING, THE BOARD MEMBER IS PROHIBITED FROM VOTING ON OR DISCUSSING ANY MATTER IN WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE INDEPENDENT COMPENSATION COMMITTEE APPROVES THE PRESIDENT'S COMPENSATION ANNUALLY. THE UNIVERSITY CONSULTS WITH AN INDEPENDENT CONSULTANT AND A COMPENSATION COMPARABILITY STUDY IS CONDUCTED EVERY FIVE YEARS. THE DELIBERATION AND DECISION ARE DOCUMENTED IN THE COMMITTEE MINUTES. LINE 15B: INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES APPROVE THE ANNUAL BUDGET WHICH INCLUDES COMPENSATION FOR OTHER OFFICERS. SIMILAR 990S ARE REVIEWED AND THE SALARY APPROVAL FORMS ARE REVIEWED AND SIGNED BY THE PRESIDENT. THESE SIGNED FORMS ARE KEPT IN THE INDIVIDUAL'S EMPLOYMENT FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 7,774. GEORGIA BAPTIST CONVENTION 6405 SUGARLOAF PARKWAY DULUTH GA 30097 580566245 CHURCH GA 501(C)(3) LINE 1 N/A 0 GEORGIA BAPTIST FOUNDATION INC 6405 SUGARLOAF PARKWAY DULUTH GA 30097 586030046 TRUST AGENCY FOR ENDOWMENTS GA 501(C)(3) LINE 1 GEORGIA BAPTIST CONVENTION 0 GEORGIA BAPTIST HEALTH CARE MINISTRY FOUNDATION 6405 SUGARLOAF PARKWAY DULUTH GA 30097 582075398 HEALTH GA 501(C)(3) LINE 1 GEORGIA BAPTIST CONVENTION 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0