Civic Intelligence

Bju Scholarship Fund

990 • Fiscal year 2015 • EIN 20-2583921

Jun 01, 2014 to May 31, 2015 • Filed on Jan 25, 2016

PO Box 34555Greenville, SC 29614-0001

(864) 242-5100

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.03x

Higher debt load relative to assets than 23% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

17th percentile

0.03x

Higher debt load relative to revenue than 17% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

93rd percentile

54%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

98th percentile

366%

Faster revenue growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$5,541,125

Up $1,942,452 (+54%) from 2014

Net Assets

Up

$5,399,083

Up $1,895,085 (+54%) from 2014

Liabilities

Up

$142,042

Up $47,367 (+50%) from 2014

Revenue

Up

$4,103,690

Up $3,223,983 (+366%) from 2014

Expenses

Up

$2,475,419

Up $1,959,156 (+379%) from 2014

Net Income

Up

$1,628,271

Up $1,264,827 (+348%) from 2014

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$0Assets 2011: $2,795,816Liabilities 2011: $5,427Net Assets 2011: $2,790,3892011Assets 2012: $2,645,402Liabilities 2012: $57,628Net Assets 2012: $2,587,7742012Assets 2013: $3,015,895Liabilities 2013: $74,702Net Assets 2013: $2,941,1932013Assets 2014: $3,598,673Liabilities 2014: $94,675Net Assets 2014: $3,503,9982014Assets 2015: $5,541,125Liabilities 2015: $142,042Net Assets 2015: $5,399,0832015Assets 2016: $4,912,960Liabilities 2016: $144,381Net Assets 2016: $4,768,5792016Assets 2017: $443,758Liabilities 2017: $129,523Net Assets 2017: $314,2352017Assets 2018: $443,187Liabilities 2018: $129,523Net Assets 2018: $313,6642018Assets 2019: $418,521Liabilities 2019: $119,807Net Assets 2019: $298,7142019Assets 2020: $407,263Liabilities 2020: $115,112Net Assets 2020: $292,1512020Assets 2021: $474,043Liabilities 2021: $119,096Net Assets 2021: $354,9472021

Highlighted filing

2015

Assets$5,541,125
Liabilities$142,042
Net Assets$5,399,083

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $515,8282011Expenses 2012: $689,5752012Revenue 2013: $656,155Expenses 2013: $669,942Net Income 2013: -$13,7872013Revenue 2014: $879,707Expenses 2014: $516,263Net Income 2014: $363,4442014Revenue 2015: $4,103,690Expenses 2015: $2,475,419Net Income 2015: $1,628,2712015Revenue 2016: $4,742,233Expenses 2016: $4,961,842Net Income 2016: -$219,6092016Revenue 2017: $4,369,874Expenses 2017: $3,979,567Net Income 2017: $390,3072017Revenue 2018: $1,583Expenses 2018: $7,115Net Income 2018: -$5,5322018Revenue 2019: $19,242Expenses 2019: $19,796Net Income 2019: -$5542019Revenue 2020: $14,018Expenses 2020: $21,090Net Income 2020: -$7,0722020Revenue 2021: $21,113Expenses 2021: $21,666Net Income 2021: -$5532021

Highlighted filing

2015

Revenue$4,103,690
Expenses$2,475,419
Net Income$1,628,271
Jump To
Filing Snapshot
Filing Period
Jun 1, 2014 to May 31, 2015
Signed
Jan 25, 2016
Return Version
2014v6.0
Gross Receipts
$4,123,701
Mission and Program Overview

Mission

The bju scholarship fund exists to award financial aid to students with a demonstrated need that are pursuing a christian education at bob jones university. Our goal is to enable students to attend a quality christian university and shape them into leaders who can turn tomorrow's world upside down.

To raise funds for college scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,808,849$5,038,473▲ $2,229,624
Savings and Temporary Cash Investments$588,420$329,961▼ $258,459
Cash and Non-Interest-Bearing Accounts$175,255$172,691▼ $2,564
Total Assets$3,598,673$5,541,125▲ $1,942,452
Other Assets Total$26,149$0▼ $26,149
Liabilities
Other Liabilities$94,675$139,185▲ $44,510
Accounts Payable and Accrued Expenses-$2,857-
Total Liabilities$94,675$142,042▲ $47,367
Net Assets / Fund Balance
Unrestricted Net Assets$3,503,998$5,399,083▲ $1,895,085
Total Net Assets Fund Balance$3,503,998$5,399,083▲ $1,895,085
Total Liabilities and Net Assets / Fund Balance$3,598,673$5,541,125▲ $1,942,452

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,385,601--
Financial Derivatives$584,059--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chris BakerDirector
Lonnie PolsonDirector
Rev Eric D SipeDirector
Alan J CarperPres/director
A June LennonSec/director
Revenue and Support

Revenue Composition

Contributions and Grants
$3,617,959
Program Service Revenue
$0
Investment Income
$235,631
Other Revenue
$250,100
All Other Contributions
$3,570,653
Change in Net Assets
$1,628,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,176,582
Other Expenses$198,837
Total Fundraising Expense$153,683
Professional Fundraising Fees$100,000
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,176,582--$2,176,582
Fees for Services Professional Fundraising--$100,000$100,000
Advertising$29,043--$29,043
Fees for Services Other-$24,353-$24,353
Fees for Service Investment Mgmnt Fees-$20,471-$20,471
Fees for Services Accounting-$13,239-$13,239
Office Expenses$12,350--$12,350
Fees for Services Legal-$11,023-$11,023
Other Expenses-$4,805$53,683$4,805
Information Technology-$4,375-$4,375
All Other Expenses-$150-$150
Total Functional Expenses$2,217,975$103,761$153,683$2,475,419
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$100,000
Fundraising Direct Expenses$20,011
Fundraising Gross Income$7,410

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$54,716$7,410-$7,410
Total Events$54,716$7,410$20,011$-12,601
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Annuities Payable$139,185
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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, Part VI, Section A, Line 8B

THERE ARE NO COMMITTEES

Form 990, Part VI, Section B, Line 11

The president and one other individual receives a draft copy for their approval. Questions and/or issues are resolved with the preparer prior to filing the return.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and irs form 990 are provided to the public upon written request or in person. Contact ken still at 1700 wade hampton blvd, greenville, sc.

Filing and Contact Details

Filer

Filer Name
Bju Scholarship Fund
EIN
20-2583921
Phone
8642425100
Address
PO BOX 34555, GREENVILLE, SC 29614-0001

Signing Officer

Name
Alan J Carper
Title
President/director
Phone
8642425100
Signed
2016-01-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan J Carper
Formed
2005
Legal Domicile
Sc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Martin Smith & Company Cpas Pa
Address
1212 HAYWOOD ROAD BLDG 100, GREENVILLE, SC 29615-2200
Preparer
David a Smith
Phone
8642321040
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in pv of annuity 18,502. Transfer of net assets from other exempt organizations 292,455. Rounding -1.

Raw XML AppendixShowing 400 of 413 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02065359
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt13454
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22385601
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FIXED INCOME FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CARDINAL ETHANOL PARTNERSHIP INTERE
IRS990ScheduleD/OtherSecuritiesGrp/Desc2EQUITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt05038473
IRS990ScheduleD/TotalLiabilityAmt0139185
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0BOOKKEEPING AND FUNDRAISING
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt03625369
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt03625369
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0BOB JONES UNIVERSITY
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0100000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt01700 WADE HAMPTON BLVD
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0GREENVILLE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0SC
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd029614
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt047306
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt047306
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020011
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt054716
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt054716
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07410
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07410
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-12601
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt020011
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt020011
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0SC
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt0THE FUNDRAISER RECEIVES THE FUNDS AND DEPOSITS 100% OF THE FUNDS INTO THE ORGANIZATION'S BANK ACCOUNT.
IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE G, PART I, LINE 2B, COLUMN (V)
IRS990ScheduleG/TotalGrossReceiptsAmt03625369
IRS990ScheduleG/TotalNetToOrganizationAmt03625369
IRS990ScheduleG/TotalRetainedByContractorsAmt0100000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02176582
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0907
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BJUSF CONSIDERS EVERY STUDENT WHO APPLIES TO BJU FOR SCHOLARSHIP AID. BJUSF GRANTS MERIT AND NEED BASED SCHOLARSHIPS THAT COVER 4 YEARS. IN THE YEAR OF APPLYING AT BJU, THE FAFSA MUST BE COMPLETED TO BE CONSIDERED FOR NEED-BASED AID. MERIT-BASED AID BASED ON ACT AND SAT SCORES AT TIME OF APPLICATION. ONCE APPROVED BY THE SELECTION PROCESS IN PLACE, A CHECK WILL BE SENT TO THE INSTITUTION THE STUDENT ATTENDS. THE CHECK IS MADE PAYABLE TO EITHER THE INSTITUTION OR THE INSTITUTION AND THE STUDENT. THIS ASSURES THAT THE CHECK IS APPLIED TO THE STUDENTS' ACCOUNT. ANNUAL AWARDS RANGE FROM $250 TO $8,000 PER STUDENT SELECTED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT AND ONE OTHER INDIVIDUAL RECEIVES A DRAFT COPY FOR THEIR APPROVAL. QUESTIONS AND/OR ISSUES ARE RESOLVED WITH THE PREPARER PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND IRS FORM 990 ARE PROVIDED TO THE PUBLIC UPON WRITTEN REQUEST OR IN PERSON. CONTACT KEN STILL AT 1700 WADE HAMPTON BLVD, GREENVILLE, SC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN PV OF ANNUITY 18,502. TRANSFER OF NET ASSETS FROM OTHER EXEMPT ORGANIZATIONS 292,455. ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03598673
IRS990/TotalAssetsEOYAmt05541125
IRS990/TotalAssetsGrp/BOYAmt03598673
IRS990/TotalAssetsGrp/EOYAmt05541125
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03617959
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0153683
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0103761
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02217975
IRS990/TotalFunctionalExpensesGrp/TotalAmt02475419
IRS990/TotalGrossUBIAmt0262701
IRS990/TotalLiabilitiesBOYAmt094675
IRS990/TotalLiabilitiesEOYAmt0142042
IRS990/TotalLiabilitiesGrp/BOYAmt094675
IRS990/TotalLiabilitiesGrp/EOYAmt0142042
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03503998
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05399083
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02217975
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0223030
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04103690
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0262701
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03598673
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05541125
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03503998
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05399083
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 34555
IRS990/USAddress/CityNm0GREENVILLE
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd0296140001
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BJUSCHOLARSHIP.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ALAN J CARPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08642425100
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BJU SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0BJUS
ReturnHeader/Filer/EIN0202583921
ReturnHeader/Filer/PhoneNum08642425100
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 34555
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd0296140001

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