POINT UNIVERSITY INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- POINT UNIVERSITY INC (EIN 58-6044761)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2026-05-13
- IRS object ID
- 202631339349308488
- Schema version
- 2024v5.2
- 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 F
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-13T11:14:54-00:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 581910650 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Wesley Peachtree Group CPAs | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1475 Klondike Road Suite 100 | AddressLine1Txt |
| City | Conyers | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30094 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 586044761 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POINT UNIVERSITY INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | POIN | BusinessNameControlTxt |
| Phone | 7063851000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 507 WEST 10TH STREET | AddressLine1Txt |
| City | West Point | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31833 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Stacy Bartlett | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 7063851000 | PhoneNum |
| Signature | 2026-05-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Dane Alexander CPA JD | PreparerPersonNm |
| PTIN | P01684380 | PTIN |
| Phone | 4048740555 | PhoneNum |
| Preparation | 2026-05-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Stacy Bartlett | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 507 West 10th Street | AddressLine1Txt |
| City | West Point | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31833 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,942,597 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.point.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1928 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | To educate students for Christ-centered service and leadership throughout the world. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 570 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $609,429 | TotalGrossUBIAmt |
| PY Contributions Grants | $8,479,434 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,844,870 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $34,101,111 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $29,167,096 | CYProgramServiceRevenueAmt |
| PY Investment Income | $172,168 | PYInvestmentIncomeAmt |
| CY Investment Income | -$662,052 | CYInvestmentIncomeAmt |
| PY Other Revenue | $524,905 | PYOtherRevenueAmt |
| CY Other Revenue | $6,152,032 | CYOtherRevenueAmt |
| PY Total Revenue | $43,277,618 | PYTotalRevenueAmt |
| CY Total Revenue | $38,501,946 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $16,428,464 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,549,419 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,543,764 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $13,692,605 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $40,229 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $338,151 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,587,155 | PYOtherExpensesAmt |
| CY Other Expenses | $12,506,577 | CYOtherExpensesAmt |
| PY Total Expenses | $43,599,612 | PYTotalExpensesAmt |
| CY Total Expenses | $41,748,601 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$321,994 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,246,655 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $42,076,568 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,966,671 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $23,672,352 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $23,754,458 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $18,404,216 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,212,213 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To educate students for Christ-centered service and leadership throughout the world. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $31,758,597 | ExpenseAmt |
| Grant | $15,549,419 | GrantAmt |
| Revenue | $27,035,129 | RevenueAmt |
| Desc | Point University offers associate degree programs, bachelors degree programs, masters degree programs, and certificate programs in the academic areas of biblical studies and ministry, business and leadership, social and behavioral sciences and human services, education, humanities, music, biology, and exercise and health sciences. Not all academic areas are offered at all levels. Over 2,000 students are enrolled in the residential program at West Point, the online program, and off-site locations in Peachtree City and Savannah, Georgia. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,027,265 | ExpenseAmt |
| Revenue | $2,131,967 | RevenueAmt |
| Desc | Auxiliary enterprises support Point Universitys educational mission by providing nonacademic services that enhance student life and campus operations. These services include dining, student housing and residence life, the campus store and bookstore services, coffee and merchandise services, athletics-related activities, and other student support services that help students live, learn, participate in campus life, and build community outside the classroom. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $35,785,862 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (true) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1066 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 570 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | Yes (true) | LocalChaptersInd |
| Policies Reference Chapters | Yes (true) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Sena K Landey Interim CFO | PersonNm |
| Phone | 7063851000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 507 West 10th Street | AddressLine1Txt |
| City | West Point | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 31833 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| Dr Dean C Collins | |||||||
| President | 040.00 | Yes (X) | $231,080 | $0 | $51,947 | ||
| Mr Stephen T Weaver | |||||||
| Professor - Business | 040.00 | $138,344 | $0 | $30,661 | Yes (X) | ||
| Ms Stacey A Bartlett | |||||||
| Chief of Staff | 040.00 | $115,740 | $0 | $13,419 | Yes (X) | ||
| Mr Jeffrey A Haverly | |||||||
| Professor - Business | 040.00 | $102,804 | $0 | $21,447 | Yes (X) | ||
| Ms Bethany Huxford Davis | |||||||
| Associate Professor - Business Leadership | 040.00 | $102,077 | $0 | $20,802 | Yes (X) | ||
| Mr Andre' T Kennebrew | |||||||
| Trustee/Board Chair | 001.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Dr Faith Simpson | |||||||
| Trustee/Vice Chair | 001.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Mr David McDaniel | |||||||
| Trustee/Treasurer Secretary | 001.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Mr Marvin Bussey | |||||||
| Trustee | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Ms Khalilah Cooper | |||||||
| Trustee | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr Randy Cordell | |||||||
| Trustee/Governance Committee Chair | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr Robert Day | |||||||
| Trustee/Advancement and Athletics Committee Chair | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr David A Deeter | |||||||
| Trustee/Finance/Audit Committee Chair | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr Jeremy Fine | |||||||
| Trustee | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr J Ross Greene | |||||||
| Trustee | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr T Campbell Cam Huxford | |||||||
| Trustee | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr Rob Raynor | |||||||
| Trustee/Spiritual Formation and Kingdom Diversity Committee Chair | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr Amory Scott | |||||||
| Trustee | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Dr Jim Sloderbeck | |||||||
| Trustee/Academics and Enrollment Committee Chair | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Mr Andrew Stith | |||||||
| Trustee | 001.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $690,045 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $138,276 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sage Dining Services Inc | |||||
| 1402 York Road | Lutherville | MD | 21093 | Cafeteria | $1,285,833 |
| Ellucian Company LLC | |||||
| 4 Country View Road | Malvern | PA | 19355 | Software Maintenance and support | $555,213 |
| Slingshot LP | |||||
| 1500 S Western Avenue | Marion | IN | 46952 | Bookstore/Mailroom | $414,539 |
| Penn Cleaning Solutions LLC | |||||
| 75 Riverside Street | Franklin | GA | 30217 | Janitorial/Maintenance | $370,629 |
| Synergy Campus Security Service | |||||
| PO Box 1224 | Lagrange | GA | 30241 | Campus Security | $209,695 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 13 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $150,872 | GovernmentGrantsAmt |
| All Other Contributions | $3,693,998 | AllOtherContributionsAmt |
| Noncash Contributions | $59,642 | NoncashContributionsAmt |
| Total Contributions | $3,844,870 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and fees | 611710 | $27,035,129 | $27,035,129 |
| Auxiliary Services | 611710 | $2,131,967 | $2,131,967 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $29,167,096 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $146,099 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $632,500 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,440,651 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$808,151 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$808,151 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Partnership income | 900099 | $5,358,103 | $5,358,103 | |
| Other income | 900099 | $184,500 | $184,500 | |
| Golf Course Income | 900099 | $609,429 | $609,429 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,152,032 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,501,946 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $34,709,699 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $609,429 | UnrelatedBusinessRevenueAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,821,164 | TotalAmt |
| Program Services | $14,821,164 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $728,255 | TotalAmt |
| Program Services | $728,255 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $828,320 | TotalAmt |
| Management And General | $828,320 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,054,927 | TotalAmt |
| Program Services | $9,168,618 | ProgramServicesAmt |
| Management And General | $583,872 | ManagementAndGeneralAmt |
| Fundraising | $302,437 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,107,272 | TotalAmt |
| Program Services | $1,773,922 | ProgramServicesAmt |
| Management And General | $333,350 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $702,086 | TotalAmt |
| Program Services | $591,474 | ProgramServicesAmt |
| Management And General | $110,612 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees For Services Prof Fundraising | FeesForServicesProfFundraising |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,762,461 | TotalAmt |
| Program Services | $1,983,413 | ProgramServicesAmt |
| Management And General | $773,946 | ManagementAndGeneralAmt |
| Fundraising | $5,102 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,276 | TotalAmt |
| Program Services | $108,200 | ProgramServicesAmt |
| Management And General | $50,091 | ManagementAndGeneralAmt |
| Fundraising | $4,985 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $984,939 | TotalAmt |
| Program Services | $296,642 | ProgramServicesAmt |
| Management And General | $669,550 | ManagementAndGeneralAmt |
| Fundraising | $18,747 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $877,187 | TotalAmt |
| Program Services | $154,523 | ProgramServicesAmt |
| Management And General | $722,664 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,068,882 | TotalAmt |
| Program Services | $1,068,882 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $777,404 | TotalAmt |
| Program Services | $758,777 | ProgramServicesAmt |
| Management And General | $14,603 | ManagementAndGeneralAmt |
| Fundraising | $4,024 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $904,634 | TotalAmt |
| Program Services | $768,939 | ProgramServicesAmt |
| Management And General | $135,695 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $983,098 | TotalAmt |
| Program Services | $835,633 | ProgramServicesAmt |
| Management And General | $147,465 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $629,815 | TotalAmt |
| Program Services | $203,590 | ProgramServicesAmt |
| Management And General | $426,225 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Special events | $116,855 | $96,532 | $19,189 | $1,134 |
| Other taxes | $144,427 | $46,687 | $97,740 | |
| Dues and subscriptions | $160,415 | $153,785 | $4,908 | $1,722 |
| Athletic expenses | $342,211 | $338,152 | $4,059 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,590,973 | TotalAmt |
| Program Services | $1,888,674 | ProgramServicesAmt |
| Management And General | $702,299 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,748,601 | TotalAmt |
| Program Services | $35,785,862 | ProgramServicesAmt |
| Management And General | $5,624,588 | ManagementAndGeneralAmt |
| Fundraising | $338,151 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $807,334 | BOYAmt |
| EOY | $1,170,937 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,196,915 | BOYAmt |
| EOY | $4,675,795 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $314,043 | BOYAmt |
| EOY | $1,021,173 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,104,184 | BOYAmt |
| EOY | $1,370,475 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $261,094 | BOYAmt |
| EOY | $35,439 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,166,042 | BOYAmt |
| EOY | $431,259 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $30,708,056 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $14,699,182 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,231,070 | BOYAmt |
| EOY | $16,008,874 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,875,332 | BOYAmt |
| EOY | $1,253,316 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,120,554 | BOYAmt |
| EOY | $10,999,403 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,076,568 | BOYAmt |
| EOY | $36,966,671 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,296,022 | BOYAmt |
| EOY | $2,411,486 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,380,980 | BOYAmt |
| EOY | $1,570,436 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,766,202 | BOYAmt |
| EOY | $14,003,797 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,229,148 | BOYAmt |
| EOY | $5,768,739 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,672,352 | BOYAmt |
| EOY | $23,754,458 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,728,633 | BOYAmt |
| EOY | $11,760,975 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,675,583 | BOYAmt |
| EOY | $1,451,238 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,404,216 | BOYAmt |
| EOY | $13,212,213 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,076,568 | BOYAmt |
| EOY | $36,966,671 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,246,655 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,945,348 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Incl Escrow Custodial Acct Liab | false | InclEscrowCustodialAcctLiabInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,835,234 | BeginningYearBalanceAmt |
| Contributions | $658,584 | ContributionsAmt |
| Investment Earnings Or Losses | $140,749 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,958,772 | OtherExpendituresAmt |
| End Year Balance | $4,675,795 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,426,988 | BeginningYearBalanceAmt |
| Contributions | $164,408 | ContributionsAmt |
| Investment Earnings Or Losses | $128,899 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | -$114,939 | AdministrativeExpensesAmt |
| End Year Balance | $5,835,234 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,259,269 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $167,719 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,426,988 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,923,245 | BeginningYearBalanceAmt |
| Contributions | $149,800 | ContributionsAmt |
| Investment Earnings Or Losses | $186,224 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $5,259,269 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,697,342 | BeginningYearBalanceAmt |
| Contributions | $38,913 | ContributionsAmt |
| Investment Earnings Or Losses | $186,990 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,923,245 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.19000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.61000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.20000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,256,423 | OtherCostOrOtherBasisAmt |
| Book Value | $1,256,423 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,847,421 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,905,762 | DepreciationAmt |
| Book Value | $9,941,659 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,708,480 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,351,790 | DepreciationAmt |
| Book Value | $1,356,690 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,553,470 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,773,521 | DepreciationAmt |
| Book Value | $1,779,949 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,342,262 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,668,109 | DepreciationAmt |
| Book Value | $1,674,153 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $16,008,874 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc |
|---|
| Financial derivatives and other financial products |
| Closely-held equity interests |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Finance lease - right-of-use asset | $6,251 |
| Operating lease - right-of-use asset | $5,422,058 |
| Property held for sale | $5,571,094 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $10,999,403 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal income taxes | |
| Finance lease liability | $6,980 |
| Operating lease liability | $5,593,578 |
| Student Deposits | $168,181 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,768,739 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $36,556,598 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,945,348 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$1,945,348 | RevenueNotReportedAmt |
| Revenue Subtotal | $38,501,946 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $38,501,946 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $41,748,601 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $41,748,601 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $41,748,601 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| V 4 | The Universitys endowment funds are held and invested to support donor designated purposes including scholarships. On June 6, 2025 the University obtained approval from the Georgia Attorney General to release certain endowment funds held in perpetuity from net assets with donor restrictions to net assets without donor restrictions under Georgia UPMIFA. This reclassification was based on a determination that the restrictions in the applicable gift instruments had been satisfied. The University must continue using the funds for the purpose of granting scholarships to deserving students attending the University. During the year total endowed funds and cumulative earnings released from restrictions were 4,170,079. |
| X 2 | The University is exempt from federal and state income taxes under Section 501c3 of the Internal Revenue Code. Only unrelated business income, as defined by Section 512a1 of the Internal Revenue Code, is subject to federal income tax. Management evaluated the Universitys tax positions for the year ended June 30, 2025, and believes there are no uncertain tax positions. Accordingly, no tax liability has been accrued. There are no years under examination by any taxing authority. |
| XI 4b | The organization reported noncash contributions of 1,550,642 on Form 990, Part VIII, line 1g, and Schedule M. These contributions consisted of publicly traded securities, forgiven loans, and other property. The contributions were not included in total revenue, gains, and other support per the audited financial statements. This amount is included on Schedule D, Part XI, line 4b, to reconcile revenue reported on Form 990 to revenue reported in the audited financial statements. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | 6a | FormAndLineReferenceDesc |
| Explanation | The University receives governmental support to aid students needing educational assistance. Monies are awarded through three federal programs the Pell Grant, the Federal Supplemental Educational Opportunity Grant, and the Federal Work-Study program. In addition, the University receives state support for students needing educational assistance. | ExplanationTxt |
Schedule F IRS990ScheduleF
Foreign Individuals Grants ForeignIndividualsGrantsGrp (7 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt |
|---|---|---|---|---|
| Scholarships and Financial Aid | Central America and the Caribbean | 6 | $104,376 | N/A |
| Scholarships and Financial Aid | East Asia and the Pacific | 4 | $40,450 | N/A |
| Scholarships and Financial Aid | Europe Including Iceland and Greenland | 21 | $361,254 | N/A |
| Scholarships and Financial Aid | Middle East and North Africa | 1 | $22,000 | N/A |
| Scholarships and Financial Aid | North America | 4 | $66,300 | N/A |
| Scholarships and Financial Aid | South America | 4 | $65,075 | N/A |
| Scholarships and Financial Aid | Sub-Saharan Africa | 3 | $68,800 | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part III | FormAndLineReferenceDesc |
| Explanation | The number of recipients reported in Part III, column c is an estimate. The organization maintains transactional scholarship records by individual recipient, identified by a unique Student ID, country of residency, and award type. For purposes of Schedule F reporting, the organization aggregated the underlying records by Student ID to identify the unique number of foreign students who received scholarship or financial aid awards during the tax year. Each unique Student ID was counted as one recipient regardless of the number of separate awards e.g., merit scholarship, athletic scholarship, endowed scholarship received by that student during the year. Country-level recipient counts were then aggregated to the IRS geographic regions reported in column b based on each recipients country of residency. The total estimated number of foreign recipients reported is 43, corresponding to total cash grants of 728,255. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Scholarships and Financial Aid | GrantTypeTxt |
| Recipient | 1036 | RecipientCnt |
| Cash Grant | $14,821,164 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 2 | FormAndLineReferenceDesc |
| Explanation | Grants are primarily monitored in the financial aid department through the use of written and electronic documentation. Students receiving grants and scholarships are considered eligible based on the colleges assessment of achievement and financial need. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| Dr Dean C Collins | |||||
| President | $231,080 | $1,320 | $7,215 | $43,412 | $283,027 |
| Mr Stephen T Weaver | |||||
| Professor - Business | $138,344 | $4,368 | $26,293 | $169,005 | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 1A | FormAndLineReferenceDesc |
| Explanation | An annual nontaxable housing allowance of 34,500 is provided to the President, who is an ordained minister. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Risepoint LLC Wiley EDULLC | |||
| Risepoint LLC is a substantial contributor of the organization | $344,201 | Risepoint LLC was paid for a mix of e-learning services for online students | false |
| Honorbuilt LLC | |||
| A board member of the university is the CEO of Honorbuilt LLC | $60,000 | Honorbuilt has a subscription with the universitys online program | false |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $49,642 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Published Market Price | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Property | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $10,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Estimated Fair Market Value | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I Line 32a | FormAndLineReferenceDesc |
| Explanation | The organization uses third-party service providers to assist with the solicitation, processing, or sale of certain noncash contributions. The organization reviews and records these contributions based on information provided by the donor, the third-party service provider, and the organizations internal records. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, Line 1a | The membership of the executive committee consists of the elected officers of the board of trustees, and the chairmen of the standing committees of the board of trustees created by the bylaws. The chairman of the board of trustees is the chairman of the executive committee. The executive committee may take emergency action for the board of trustees when circumstances do not permit calling a special meeting of the entire board, or when a quorum cannot be obtained at a called special meeting. A majority of the members of the executive committee constitutes a quorum for action. Actions of the executive committee are reported to the board of trustees and are subject to discussion and ratification at the next regular meeting of the board of trustees. |
| Form 990, Part VI, Section B, Line 11b | As a matter of procedure, the finance committee of the board of trustees reviews the Form 990. The executive committee presents a report of its review to the board of trustees. A copy of the Form 990 is provided to the board of trustees before submission to the IRS. |
| Form 990, Part VI, Section B, Line 12c | The conflict of interest policy is annually distributed to trustees, officers, and certain identified agents and key employees to assist them in considering such disclosures. Disclosure is appropriate and required at any time conflicts of interest may occur. Written notices of disclosures are filed with the CEO or another person designated by the CEO to receive such notifications. At the meeting of the top governing body, all disclosures of real or perceived conflicts of interest are noted for the record in the minutes. |
| Form 990, Part VI, Section B, Line 15a | The Presidents compensation is reviewed by the finance committee of the board of trustees. Comparative data from similar colleges and universities is obtained annually to assist in determining compensation levels. This process is documented in the board minutes upon compensation approval. |
| Form 990, Part VI, Section C, Line 19 | Point University makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Form 990, Part XI, Line 9 | During the fiscal year, the Universitys Board of Trustees approved a formal plan to sell its golf course located in Chambers County, Alabama. As the facility was not utilized for academic or programmatic purposes and is being actively marketed for sale, it was reclassified from property and equipment to Property Held for Sale a current asset in accordance with ASC 360. At the date of reclassification, the golf course had a carrying value of 7,245,348. Following an independent appraisal to estimate the fair value less costs to sell, the University determined the fair value to be 5,300,000. Consequently, the University recorded an unrealized loss of 1,945,348 to adjust the asset to its estimated net realizable value. The University expects the sale to be finalized during fiscal year 2026. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| POINT UNIVERSITY GOLF CLUB LLC | |||||||||
| 2001 COUNTRY CLUB ROAD | LANETT | AL | 36863 | 473728196 | GOLF COURSE | AL | $609,429 | $5,492,577 | POINT UNIVERSITY |
| PU PROPERTIES LLC | |||||||||
| 507 WEST 10TH STREET | WEST POINT | GA | 31833 | 814900384 | REAL ESTATE | GA | POINT UNIVERSITY | ||