Civic Intelligence

Magdalen College

990 • Fiscal year 2021 • EIN 02-0309681

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 02, 2021

511 Kearsarge Mountain RoadWarner, NH 03278-9206

(603) 456-2656

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

1.14x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

24th percentile

-0.8%

Higher net margin than 24% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$104,835

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

9th percentile

-8.2%

Faster asset growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

26th percentile

-4.2%

Faster revenue growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$4,332,325

Down $387,026 (-8.2%) from 2020

Net Assets

Down

$356,192

Down $15,701 (-4.2%) from 2020

Liabilities

Down

$3,976,133

Down $371,325 (-8.5%) from 2020

Revenue

Down

$3,478,651

Down $153,913 (-4.2%) from 2020

Expenses

Down

$3,505,934

Down $931,750 (-21%) from 2020

Net Income

Up

-$27,283

Up $777,837 (+97%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $5,175,599Liabilities 2011: $1,817,294Net Assets 2011: $3,358,3052011Assets 2012: $4,761,370Liabilities 2012: $2,583,885Net Assets 2012: $2,177,4852012Assets 2013: $4,881,072Liabilities 2013: $3,937,962Net Assets 2013: $943,1102013Assets 2014: $4,649,278Liabilities 2014: $4,447,355Net Assets 2014: $201,9232014Assets 2015: $4,490,806Liabilities 2015: $4,576,339Net Assets 2015: -$85,5332015Assets 2016: $4,172,048Liabilities 2016: $4,446,034Net Assets 2016: -$273,9862016Assets 2017: $4,806,800Liabilities 2017: $4,519,857Net Assets 2017: $286,9432017Assets 2018: $5,284,099Liabilities 2018: $4,357,105Net Assets 2018: $926,9942018Assets 2019: $5,408,137Liabilities 2019: $4,207,599Net Assets 2019: $1,200,5382019Assets 2020: $4,719,351Liabilities 2020: $4,347,458Net Assets 2020: $371,8932020Assets 2021: $4,332,325Liabilities 2021: $3,976,133Net Assets 2021: $356,1922021Assets 2022: $4,581,565Liabilities 2022: $3,933,870Net Assets 2022: $647,6952022Assets 2023: $3,658,951Liabilities 2023: $3,774,668Net Assets 2023: -$115,7172023Assets 2024: $91,100Liabilities 2024: $28,969Net Assets 2024: $62,1312024Assets 2025: $10,899Liabilities 2025: $0Net Assets 2025: $10,8992025

Highlighted filing

2021

Assets$4,332,325
Liabilities$3,976,133
Net Assets$356,192

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,369,2202011Expenses 2012: $2,594,2422012Revenue 2013: $1,541,471Expenses 2013: $2,742,543Net Income 2013: -$1,201,0722013Revenue 2014: $1,643,913Expenses 2014: $2,364,783Net Income 2014: -$720,8702014Revenue 2015: $2,557,106Expenses 2015: $2,800,088Net Income 2015: -$242,9822015Revenue 2016: $3,274,938Expenses 2016: $3,429,303Net Income 2016: -$154,3652016Revenue 2017: $4,248,259Expenses 2017: $3,669,846Net Income 2017: $578,4132017Revenue 2018: $3,945,076Expenses 2018: $3,311,761Net Income 2018: $633,3152018Revenue 2019: $3,830,920Expenses 2019: $3,539,758Net Income 2019: $291,1622019Revenue 2020: $3,632,564Expenses 2020: $4,437,684Net Income 2020: -$805,1202020Revenue 2021: $3,478,651Expenses 2021: $3,505,934Net Income 2021: -$27,2832021Revenue 2022: $4,198,746Expenses 2022: $3,847,635Net Income 2022: $351,1112022Revenue 2023: $2,671,615Expenses 2023: $3,422,721Net Income 2023: -$751,1062023Revenue 2024: $3,605,649Expenses 2024: $3,427,801Net Income 2024: $177,8482024Revenue 2025: $50,582Expenses 2025: $101,814Net Income 2025: -$51,2322025

Highlighted filing

2021

Revenue$3,478,651
Expenses$3,505,934
Net Income-$27,283
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 2, 2021
Return Version
2020v4.0
Gross Receipts
$3,599,172
Mission and Program Overview

Mission

Organization is a four-year liberal arts college, offering associate of arts and bachelor of arts degrees in liberal studies. Mission is to create and govern a roman catholic institution of higher learning, pursuant to the principles as set forth in the apostolic constitution on catholic universities of pope john paul ii. Its mission is accomplished through an integrated and ordered common life, directed by catholic principles and grounded in the socratic pedagogical method of inquiry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,734,508$2,528,564▼ $205,944
Investments in Publicly Traded Securities$729,677$850,700▲ $121,023
Pledges and Grants Receivable$456,450$458,313▲ $1,863
Other Notes and Loans Receivable, Net$288,457$278,275▼ $10,182
Savings and Temporary Cash Investments$442,048$152,830▼ $289,218
Loans From Officers Directors$103,800$86,500▼ $17,300
Cash and Non-Interest-Bearing Accounts$18,822$35,495▲ $16,673
Accounts Receivable$49,389$28,148▼ $21,241
Total Assets$4,719,351$4,332,325▼ $387,026
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,952,112$3,645,012▼ $307,100
Other Liabilities$163,139$121,549▼ $41,590
Deferred Revenue$81,108$77,608▼ $3,500
Accounts Payable and Accrued Expenses$47,299$45,464▼ $1,835
Total Liabilities$4,347,458$3,976,133▼ $371,325
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,042,745$1,090,835▲ $48,090
Net Assets Without Donor Restrictions$-670,852$-734,643▼ $63,791
Total Net Assets Fund Balance$371,893$356,192▼ $15,701
Total Liabilities and Net Assets / Fund Balance$4,719,351$4,332,325▼ $387,026

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,169,632$5,482,139$7,651,771
Equipment$100,457$788,284$888,741
Land$258,475-$258,475

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$6,836---$6,836
2019$6,836---$6,836
2018$6,836---$6,836
2017$6,836---$6,836
2016$6,836---$6,836
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
George a HarnePresidentFT$97,917$6,918$104,835
R Daniel PetersonTreasurer/coFT$92,736-$92,736
Eric BuckInterim PresFT$35,200-$35,200
Peter SampoPresident Em-$27,500-$27,500

Board Members and Trustees

NameTitle
Victor PrietoChairman
Bernard TowneTrustee
Katie MeehanTrustee
Michael DinsmoreTrustee
Brian FitzgeraldEx Officio
David CurrierSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,369,287
Program Service Revenue
$2,038,326
Investment Income
$13,295
Other Revenue
$57,743
All Other Contributions
$1,369,287
Change in Net Assets
$-27,283

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$107,970Fair Market Value
Total Noncash Contributions3$107,970-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,169,354
Revenue Not Reported on Financial Statements
$1,309,297
Revenue Not Reported on Form 990
$11,582
Other Revenue Adjustments
$1,307,982
Total Revenue per Audited Statements
$2,180,936
Total Revenue per Form 990
$3,478,651
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,359,982
Salaries, Compensation, and Employee Benefits$1,184,920
Other Expenses$961,032
Total Fundraising Expense$39,107
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,359,982--$1,359,982
Other Salaries and Wages$699,676$111,723-$811,399
Depreciation Depletion$227,820--$227,820
Current Officers, Directors, Trustees, and Key Employees$54,200$103,619-$157,819
All Other Expenses$72,074$22,991$36,598$131,663
Other Employee Benefits$123,259$5,728-$128,987
Occupancy$91,891--$91,891
Fees for Services Other$42,226$35,291-$77,517
Payroll Taxes$57,671$17,557-$75,228
Insurance-$68,498-$68,498
Interest-$56,353-$56,353
Other Expenses$39,479$29,169$100$39,479
Fees for Services Legal-$17,978-$17,978
Office Expenses$6,611$7,327$1,049$14,987
Fees for Services Accounting-$14,427-$14,427
Advertising$10,039$216$1,360$11,615
Pension Plan Contributions$8,822$2,665-$11,487
Fees for Service Investment Mgmnt Fees-$1,315-$1,315
Travel$770$427-$1,197
Conferences and Meetings$400--$400
Total Functional Expenses$2,971,543$495,284$39,107$3,505,934

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,505,934
Expenses per Audited Statements$2,196,637
Total Expenses per Audited Statements$2,196,637
Expenses Not Reported on Financial Statements$1,309,297
Other Expense Adjustments$1,307,982
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$103,800$86,500▼ $17,300
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Annuity Obligation$82,350
Charitable Gift Annuity$39,199
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The return is reviewed and approved by the finance committee and then forwarded to the full board of trustees for final review and approval.

Form 990, Page 6, Part VI, Line 12C

The board reviews conflict of interest compliance at each board meeting

Form 990, Page 6, Part VI, Line 15A

The president and all key employees are members of the faculty and are paid on the faculty salary scale with no adjustments for their position. The faculty scale's are reviewed and approved annually by the board of trustees.

Form 990, Page 6, Part VI, Line 19

The college makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Magdalen College
EIN
02-0309681
Phone
6034562656
Address
511 KEARSARGE MOUNTAIN ROAD, WARNER, NH 03278-9206

Signing Officer

Name
Ryan Messmore
Title
President
Phone
6034562656
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Messmore
Formed
1973
Legal Domicile
Nh
Voting Board Members
6
Independent Board Members
5
Employees
35

Preparer

Firm
Hession & Pare Pc
Address
62 STARK STREET, MANCHESTER, NH 03101-1970
Preparer
John a Hession CPA
Phone
6036695477
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Organization is a four-year liberal arts college, offering associate of arts and bachelor of arts degrees in liberal studies. Mission is to create and govern a roman catholic institution of higher learning, pursuant to the principles as set forth in the apostolic constitution on catholic universities of pope john paul ii. Its mission is accomplished through an integrated and ordered common life, directed by catholic principles and grounded in the socratic pedagogical method of inquiry.

Form 990, Part XI, Line 9

Change in pension liability -10,862 change in gift annuity obligations -2,440 scholarships netted against income on financial statement -1,307,982 scholarships netted against income on financial statement 1,307,982 total -13,302

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

These funds will be used to support the college's mission of offering associate and bachelor of arts degrees.

Schedule D, Page 4, Part XI, Line 2D

Change in pension liability -10,862 change in gift annuity obligations -2,440

Schedule D, Page 4, Part XI, Line 4B

Scholarships netted against income on financial statement 1,307,982

Schedule D, Page 4, Part XII, Line 4B

Scholarships netted against income on financial statement 1,307,982

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IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9INTERIM PRES
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt01404
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt01359982
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01359982
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01359982
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0121925
IRS990/GrossReceiptsAmt03599172
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt05
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IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt068498
IRS990/InsuranceGrp/TotalAmt068498
IRS990/InterestGrp/ManagementAndGeneralAmt056353
IRS990/InterestGrp/TotalAmt056353
IRS990/InvestmentIncomeGrp/ExclusionAmt011891
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt011891
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0729677
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0850700
IRS990/IRPDocumentCnt088
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06270423
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02734508
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02528564
IRS990/LandBldgEquipCostOrOtherBssAmt08798987
IRS990/LegalDomicileStateCd0NH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0120521
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ORGANIZATION IS A FOUR-YEAR LIBERAL ARTS COLLEGE, OFFERING ASSOCIATE OF ARTS AND BACHELOR OF ARTS DEGREES IN LIBERAL STUDIES. MISSION IS TO CREATE AND GOVERN A ROMAN CATHOLIC INSTITUTION OF HIGHER LEARNING, PURSUANT TO THE PRINCIPLES AS SET FORTH IN THE APOSTOLIC CONSTITUTION ON CATHOLIC UNIVERSITIES OF POPE JOHN PAUL II. ITS MISSION IS ACCOMPLISHED THROUGH AN INTEGRATED AND ORDERED COMMON LIFE, DIRECTED BY CATHOLIC PRINCIPLES AND GROUNDED IN THE SOCRATIC PEDAGOGICAL METHOD OF INQUIRY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03952112
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03645012
IRS990/NetAssetsOrFundBalancesBOYAmt0371893
IRS990/NetAssetsOrFundBalancesEOYAmt0356192
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01404
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01404
IRS990/NetUnrlzdGainsLossesInvstAmt024884
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-670852
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-734643
IRS990/NoncashContributionsAmt0107970
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt091891
IRS990/OccupancyGrp/TotalAmt091891
IRS990/OfficeExpensesGrp/FundraisingAmt01049
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07327
IRS990/OfficeExpensesGrp/ProgramServicesAmt06611
IRS990/OfficeExpensesGrp/TotalAmt014987
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-13302
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05728
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0123259
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0128987
IRS990/OtherExpensesGrp/Desc0FOOD SERVICES
IRS990/OtherExpensesGrp/Desc1PROPERTY AND OTHER TAX
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt0100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt029169
IRS990/OtherExpensesGrp/ProgramServicesAmt0104461
IRS990/OtherExpensesGrp/ProgramServicesAmt153360
IRS990/OtherExpensesGrp/ProgramServicesAmt218802
IRS990/OtherExpensesGrp/ProgramServicesAmt339479
IRS990/OtherExpensesGrp/TotalAmt0104461
IRS990/OtherExpensesGrp/TotalAmt153360
IRS990/OtherExpensesGrp/TotalAmt248071
IRS990/OtherExpensesGrp/TotalAmt339479
IRS990/OtherLiabilitiesGrp/BOYAmt0163139
IRS990/OtherLiabilitiesGrp/EOYAmt0121549
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt057743
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt057743
IRS990/OtherRevenueTotalAmt057743
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0111723
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0699676
IRS990/OtherSalariesAndWagesGrp/TotalAmt0811399
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0288457
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0278275
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017557
IRS990/PayrollTaxesGrp/ProgramServicesAmt057671
IRS990/PayrollTaxesGrp/TotalAmt075228
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02665
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08822
IRS990/PensionPlanContributionsGrp/TotalAmt011487
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0456450
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0458313
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RYAN MESSMORE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION, ROOM, & BOARD - NET
IRS990/ProgramServiceRevenueGrp/Desc1SUMMER PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02029176
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19150
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02029176
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19150
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01172308
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01582133
IRS990/PYInvestmentIncomeAmt022967
IRS990/PYOtherExpensesAmt01228941
IRS990/PYOtherRevenueAmt068879
IRS990/PYProgramServiceRevenueAmt02368410
IRS990/PYRevenuesLessExpensesAmt0-805120
IRS990/PYSalariesCompEmpBnftPaidAmt01626610
IRS990/PYTotalExpensesAmt04437684
IRS990/PYTotalRevenueAmt03632564
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-27283
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02038326
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0442048
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0152830
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02169632
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05482139
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07651771
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt06836
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06836
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06836
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06836
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06836
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06836
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06836
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06836
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06836
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06836
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0100457
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0788284
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0888741
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01309297
IRS990ScheduleD/ExpensesSubtotalAmt02196637
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01315
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01315
IRS990ScheduleD/LandGrp/BookValueAmt0258475
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0258475
IRS990ScheduleD/NetUnrealizedGainsInvstAmt024884
IRS990ScheduleD/OtherExpensesNotIncludedAmt01307982
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt082350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt139199
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PENSION ANNUITY OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CHARITABLE GIFT ANNUITY
IRS990ScheduleD/OtherRevenueAmt0-13302
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01307982
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt011582
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01309297
IRS990ScheduleD/RevenueSubtotalAmt02169354
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THESE FUNDS WILL BE USED TO SUPPORT THE COLLEGE'S MISSION OF OFFERING ASSOCIATE AND BACHELOR OF ARTS DEGREES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHANGE IN PENSION LIABILITY -10,862 CHANGE IN GIFT ANNUITY OBLIGATIONS -2,440
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 1,307,982
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SCHOLARSHIPS NETTED AGAINST INCOME ON FINANCIAL STATEMENT 1,307,982
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02528564
IRS990ScheduleD/TotalExpensesPerForm990Amt03505934
IRS990ScheduleD/TotalLiabilityAmt0121549
IRS990ScheduleD/TotalRevenuePerForm990Amt03478651
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02180936
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02196637
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0INCLUDED IN COLLEGE CATALOG AND PROMOTIONAL PUBLICATIONS DISTRIBUTED DURING THE YEAR.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.05$0.10$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.03$0.06$3.61$3.43$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.66$3.77$0.12$2.67$3.42$0.75
2022Detailed filing. Detailed filing data is available for this year.$4.58$3.93$0.65$4.20$3.85$0.35
2021Detailed filing. Detailed filing data is available for this year.$4.33$3.98$0.36$3.48$3.51$0.03
2020Detailed filing. Detailed filing data is available for this year.$4.72$4.35$0.37$3.63$4.44$0.81
2019Detailed filing. Detailed filing data is available for this year.$5.41$4.21$1.20$3.83$3.54$0.29
2018Detailed filing. Detailed filing data is available for this year.$5.28$4.36$0.93$3.95$3.31$0.63
2017Detailed filing. Detailed filing data is available for this year.$4.81$4.52$0.29$4.25$3.67$0.58
2016Detailed filing. Detailed filing data is available for this year.$4.17$4.45$0.27$3.27$3.43$0.15
2015Summary only. Only limited summary data is available for this year.$4.49$4.58$0.09$2.56$2.80$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.65$4.45$0.20$1.64$2.36$0.72
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$3.94$0.94$1.54$2.74$1.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.76$2.58$2.18$2.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.18$1.82$3.36$2.37