Civic Intelligence

Bloomfield College

990 • Fiscal year 2014 • EIN 22-1494428

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 29, 2015

467 Franklin Street07003

(973) 748-9000

Siviq Scores

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

Liabilities / Assets

59th percentile

0.41x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.60x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

50th percentile

4.2%

Higher net margin than 50% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

67th percentile

$446,179

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

94th percentile

34%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$91,352,144

Up $23,359,700 (+34%) from 2013

Net Assets

Up

$54,336,480

Up $3,560,540 (+7.0%) from 2013

Liabilities

Up

$37,015,664

Up $19,799,160 (+115%) from 2013

Revenue

$61,727,686

No earlier filing loaded for comparison.

Expenses

Up

$59,148,412

Up $2,621,906 (+4.6%) from 2013

Net Income

$2,579,274

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $55,492,487Liabilities 2010: $16,495,201Net Assets 2010: $38,997,2862010Assets 2011: $58,409,947Liabilities 2011: $15,246,867Net Assets 2011: $43,163,0802011Assets 2012: $60,941,349Liabilities 2012: $14,805,057Net Assets 2012: $46,136,2922012Assets 2013: $67,992,444Liabilities 2013: $17,216,504Net Assets 2013: $50,775,9402013Assets 2014: $91,352,144Liabilities 2014: $37,015,664Net Assets 2014: $54,336,4802014Assets 2015: $98,203,185Liabilities 2015: $41,067,670Net Assets 2015: $57,135,5152015Assets 2016: $100,322,356Liabilities 2016: $40,892,086Net Assets 2016: $59,430,2702016Assets 2017: $104,663,316Liabilities 2017: $40,948,036Net Assets 2017: $63,715,2802017Assets 2018: $106,612,046Liabilities 2018: $40,950,919Net Assets 2018: $65,661,1272018Assets 2019: $104,114,864Liabilities 2019: $40,921,366Net Assets 2019: $63,193,4982019Assets 2020: $104,842,913Liabilities 2020: $44,033,607Net Assets 2020: $60,809,3062020Assets 2021: $100,435,671Liabilities 2021: $37,822,692Net Assets 2021: $62,612,9792021Assets 2022: $93,884,575Liabilities 2022: $35,688,980Net Assets 2022: $58,195,5952022Assets 2023: $92,412,562Liabilities 2023: $32,870,136Net Assets 2023: $59,542,4262023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2014

Assets$91,352,144
Liabilities$37,015,664
Net Assets$54,336,480

Operations Trend

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $48,723,6712010Expenses 2011: $52,998,4402011Expenses 2012: $54,838,7442012Expenses 2013: $56,526,5062013Revenue 2014: $61,727,686Expenses 2014: $59,148,412Net Income 2014: $2,579,2742014Revenue 2015: $63,801,583Expenses 2015: $60,996,815Net Income 2015: $2,804,7682015Revenue 2016: $65,747,384Expenses 2016: $62,685,062Net Income 2016: $3,062,3222016Revenue 2017: $68,162,101Expenses 2017: $64,980,562Net Income 2017: $3,181,5392017Revenue 2018: $65,891,701Expenses 2018: $64,541,554Net Income 2018: $1,350,1472018Revenue 2019: $61,344,151Expenses 2019: $63,872,370Net Income 2019: -$2,528,2192019Revenue 2020: $59,925,171Expenses 2020: $61,955,277Net Income 2020: -$2,030,1062020Revenue 2021: $66,606,198Expenses 2021: $67,136,863Net Income 2021: -$530,6652021Revenue 2022: $53,858,401Expenses 2022: $54,906,498Net Income 2022: -$1,048,0972022Revenue 2023: $56,565,962Expenses 2023: $56,523,991Net Income 2023: $41,9712023Revenue 2024: $24,719,611Expenses 2024: $34,733,060Net Income 2024: -$10,013,4492024

Highlighted filing

2014

Revenue$61,727,686
Expenses$59,148,412
Net Income$2,579,274
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 29, 2015
Return Version
2013v4.0
Gross Receipts
$62,855,192
Mission and Program Overview

Mission

To prepare students to attain academic, personal and professional excellence in a multicultural and global society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$42,184,696$61,863,241▲ $19,678,545
Savings and Temporary Cash Investments$11,698,649$12,914,909▲ $1,216,260
Investments in Publicly Traded Securities$10,732,253$12,445,344▲ $1,713,091
Pledges and Grants Receivable$570,985$988,916▲ $417,931
Prepaid Expenses and Deferred Charges$942,831$822,404▼ $120,427
Accounts Receivable$880,256$767,312▼ $112,944
Cash and Non-Interest-Bearing Accounts$240,595$233,614▼ $6,981
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$67,992,444$91,352,144▲ $23,359,700
Other Assets Total$742,179$1,316,404▲ $574,225
Liabilities
Tax Exempt Bond Liabilities$8,194,199$27,909,113▲ $19,714,914
Mortgage Notes Payable Secured by Investment Property$5,876,929$5,553,565▼ $323,364
Accounts Payable and Accrued Expenses$2,145,117$2,676,643▲ $531,526
Other Liabilities$699,496$504,388▼ $195,108
Deferred Revenue$300,763$371,955▲ $71,192
Total Liabilities$17,216,504$37,015,664▲ $19,799,160
Net Assets / Fund Balance
Unrestricted Net Assets$39,410,577$41,821,545▲ $2,410,968
Permanently Rstr Net Assets$7,314,181$7,406,096▲ $91,915
Temporarily Rstr Net Assets$4,051,182$5,108,839▲ $1,057,657
Total Net Assets Fund Balance$50,775,940$54,336,480▲ $3,560,540
Total Liabilities and Net Assets / Fund Balance$67,992,444$91,352,144▲ $23,359,700

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$35,841,889$18,944,831$54,786,720
Other Land Buildings$24,592,480-$24,592,480
Equipment$1,428,435$9,210,941$10,639,376
Leasehold Improvements$437$1,189,562$1,189,999
Land$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$10,717,706$91,915▲ $2,066,437$87,352$12,437,675
2012$9,511,367$107,468▲ $1,500,596$66,543$10,717,706
2011$10,146,915$119,835▲ $85,126$349,028$9,511,367
2010$8,498,914$270,680▲ $1,667,559-$10,146,915
2009$6,626,188$1,704,293▲ $485,049-$8,498,914
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard LevaoPresidentFT$275,977$170,202$446,179
Peter JeongVP Global Programs and Professional StudiesFT$336,782$62,857$399,639
William McdonaldVP Campus PlanningFT$148,952$126,515$275,467
Howard C BuxbaumVP of FinanceFT$201,168$25,919$227,087
Ismat MikkyProfessorFT$127,628$73,925$201,553
Marion TerenzioVP Academic AffairsFT$153,911$32,696$186,607
Adam CastroVP Enrollment ManagementFT$141,578$24,018$165,596
Patrick LamyVP Student AffairsFT$144,154$18,334$162,488
Neddie SerraProfessorFT$123,522$24,618$148,140
Maria VogtProfessorFT$108,748$31,554$140,302
Phyllis K MoreProfessorFT$108,193$29,137$137,330
Marianne FloodProfessorFT$111,625$21,124$132,749
Jackie Bartley-oxleyVP of Institutional AdvancementFT$47,736$2,098$49,834

Highest Paid Contractors

ContractorServicesLocationCompensation
Drinker Biddle & ReathLegal-$226,457
Mcmoran & O'connor & BramleyLegal-$179,839
Fallon & Pacheco ArchitectsArchitect-$169,761
Revenue and Support

Revenue Composition

Contributions and Grants
$3,612,861
Program Service Revenue
$56,839,690
Investment Income
$1,130,130
Other Revenue
$145,005
All Other Contributions
$916,330
Change in Net Assets
$2,579,274

Audited Revenue Reconciliation

Revenue per Audited Statements
$45,851,477
Revenue Not Reported on Financial Statements
$15,876,209
Revenue Not Reported on Form 990
$1,010,863
Other Revenue Adjustments
$15,876,209
Total Revenue per Audited Statements
$46,862,340
Total Revenue per Form 990
$61,727,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$26,313,818
Grants and Similar Amounts Paid$16,467,468
Other Expenses$16,318,491
Total Fundraising Expense$1,059,497
Professional Fundraising Fees$48,635

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$16,448,655$1,472,180$447,528$18,368,363
Grants to Domestic Individuals$16,467,468--$16,467,468
Office Expenses$3,206,356$151,467$111,033$3,468,856
Other Employee Benefits$2,972,927$397,704$81,642$3,452,273
Depreciation Depletion$2,388,537$209,044$25,857$2,623,438
Conferences and Meetings$1,983,182$61,279$47,588$2,092,049
Fees for Services Other$1,015,606$732,529$0$1,748,135
Payroll Taxes$1,411,086$180,174$36,675$1,627,935
Current Officers, Directors, Trustees, and Key Employees$770,131$581,807$144,588$1,496,526
Occupancy$1,338,675$117,160$14,492$1,470,327
Pension Plan Contributions$1,186,401$151,485$30,835$1,368,721
Information Technology$927,438$136,678$8,476$1,072,592
Travel$703,071$23,217$3,955$730,243
Insurance$547,437$167,765-$715,202
Interest-$488,503-$488,503
Fees for Services Legal-$130,015-$130,015
Fees for Services Accounting-$107,086-$107,086
Other Expenses$103,831$102,501$6,233$103,831
Advertising$72,502$28,414-$100,916
Fees for Services Professional Fundraising--$48,635$48,635
Fees for Service Investment Mgmnt Fees-$22,664-$22,664
Total Functional Expenses$52,776,403$5,312,512$1,059,497$59,148,412

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$59,148,412
Total Expenses per Audited Statements$43,301,800
Expenses per Audited Statements$43,272,203
Expenses Not Reported on Financial Statements$15,876,209
Other Expense Adjustments$15,876,209
Expenses Not Reported on Form 990$29,597
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$48,635
Fundraising Direct Expenses$29,597
Fundraising Gross Income$13,926

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$56,166$13,926$12,477$1,449
Event 2-$0-$0
Total Events$56,166$13,926$29,597$-15,671
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Retirement Benefit Obligation$300,984
Conditional Asset Retirement Obligation$203,404

Bond Issues

BondIssuerIssuedIssue PricePurpose
A22-18295112013-05-13$32,267,000Construction of new dormitory, refunding prior issue

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$32,284,179$7,020,516$0$548,758

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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, Sec A, Line 1A, Delegate broad authority to A committee

The executive committee shall consist of all officers of the board of trustees and chairpersons of all standing committees. When the chairperson of a standing committee is unable to attend an executive committee meeting, the vice chairperson of that standing committee, who may attend in the chairperson's place, shall have for that meeting all of the powers of an executive committee member and shall be counted for the purpose of establishing a quorum. The president of the college shall serve as an ex officio member with vote. During the period between meetings of the board of trustees, this committee shall exercise all of the powers of the board of trustees at such time as the board is not in session except to elect members of the board, amend these bylaws, remove from office, or any other matters specifically reserved to itself by the board. It shall report all action at the next regular meeting of the board of trustees. This committee shall be responsible for long range planning policies for the college and for including in this process the various constituencies of the college; and shall cause periodic management review to assure efficient and effective policy implementation, good administrative practice and open communication throughout the academic community.

Form 990, Part VI, Sec B, Line 11B, Review of form 990 by governing body

The vice president of finance and administration will review a complete copy of the form 990 with the board of trustees prior to filing with the irs. Management and the organization's tax consultants will also present a complete copy of the the form 990 to the audit committee for its review before filing with the irs.

Form 990, Part VI, Sec B, Line 12C, Conflict of interest policy

Under chapter ii, article g of the college bylaws the board of trustees are covered by the conflict of interest policy. In general a conflict can occur in two cases. First, if there is an existing or potential financial or other interest that impairs or appears to impair the trustees independent unbiased judgment. Second, if a family member or organization in which the trustee has a controlling interest has an relationship with the college that would impair the unbiased and independent judgment of the trustee. Conflicts would be reviewed by the board of trustees. There is a required recusal from voting in which a conflict occurs.

Form 990, Part VI, Sec B, Line 15A, Process to establish compensation of top management official

Compensation for the president is reviewed by the compensation committee and also reviewed by the board in closed session. The college prepares a study of comparable positions based on data obtained by the college and university personnel association. Documentation of deliberations & decisions are documented by minutes. This process was last undertaken in 2014.

Form 990, Part VI, Sec B, Line 15B, Process to establish compensation of other employees

Compensation for the officers is reviewed by the president and the compensation committee and also reviewed by the board in closed session. The college prepares a study of comparable positions based on data obtained by the college and university personnel association. Documentation of deliberations & decisions are documented by minutes. This process was last undertaken in 2014.

Form 990, Part VI, Sec C, Line 19, Required documents available to the public

The organization provides its governing documents, conflict of interest policy and financial statements to the public upon request.

Filing and Contact Details

Filer

EIN
22-1494428
Phone
9737489000

Signing Officer

Name
Howard C Buxbaum
Title
VP of Finance
Signed
2015-04-29
Discuss with paid preparer
Yes

Organization Details

Formed
1868
Legal Domicile
Nj
Voting Board Members
31
Independent Board Members
30
Employees
1,499
Volunteers
30

Preparer

Preparer
Rachel Spurlock
Phone
2125725500
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 5, Number of Employees

The organization is reporting the total number of w-2s issued to employees during the year, as reported on the four form w-3s issued for 2013. Due to the nature of the college's payroll system, there may be employees receiving multiple w-2s, so this number is overstated by the number of duplicates. Going forward, the college will only be reporting on two form w-3s and will be able to reasonable attain a unique head count for presentation in accordance with the form 990 instructions.

Financial Statement Notes

Schedule D, Part V, Line 4, Intended uses of endowment funds

The endowment consists of approximately 80 individual funds established for a variety of purposes (scholarships and program support). It includes both donor-restricted funds and funds designated by the board of trustees to function as endowments. The college has adopted investment and spending policies for endowment assets that provide a predictable stream of funding to programs supported by its endowment funds while also maintaining the purchasing power of those endowment assets over the long-term. The college has a policy of appropriating for distribution each year 4% of its endowment fund's average fair value of the average of the prior twelve quarters preceding the fiscal year in which the distribution is planned.

Schedule D, Part X, Line 2, FIN 48 (ASC 740) footnote

The college is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and a similar provision of the new jersey state income tax laws. Accordingly, no provision for income taxes has been reflected in the accompanying consolidated financial statements. The college has no unrecognized tax benefits at june 30, 2014 and 2013. The college's us federal and state tax filings prior to fiscal year 2011 are closed, and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The college recognizes interest and penalties associated with tax matters as operating expenses and includes accrued interest and penalties with accrued expenses in the consolidated statements of financial position. There were no interest or penalties paid for the years ended june 30, 2014 and 2013.

Schedule D, Part XI, Line 2D, Other revenues in audited financial statements not in form 990

Direct fundraising costs - 29597;

Schedule D, Part XI, Line 4B, Other revenues in form 990 not in audited financial statements

Institutional aid - 15876209;

Schedule D, Part XII, Line 2D, Other expenses in audited financial statements not in form 990

FUNDRAISING - 29597;

Schedule D, Part XII, Line 4B, Other expenses in form 990 not in audited financial statements

Institutional aid - 15876209;

Raw XML AppendixShowing 400 of 1,147 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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IRS990/Desc0BLOOMFIELD COLLEGE IS AN INDEPENDENT COLLEGE HISTORICALLY RELATED TO THE PRESBYTERIAN CHURCH (U.S.A.). LOCATED IN THE NEW JERSEY-NEW YORK METROPOLITAN REGION, THE COLLEGE OFFERS ACADEMIC PROGRAMS LEADING TO THE BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES. THE MISSION OF BLOOMFIELD COLLEGE IS: TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY. PROGRAMS OF STUDY ARE ROOTED IN THE LIBERAL ARTS, AND ASSIST STUDENTS IN OBTAINING THE SKILLS, KNOWLEDGE, AND VALUES THEY NEED TO BECOME EMPOWERED INDIVIDUALS ENGAGED IN RENEWING THEMSELVES, THEIR RELATIONSHIPS, THEIR WORKPLACES, AND THEIR COMMUNITIES. BLOOMFIELD COLLEGE OFFERS FLEXIBLE CLASS SCHEDULES AND HYBRID LEARNING (ONLINE AND CLASSROOM) TO ACCOMMODATE THOSE STUDENTS WITH FAMILY AND WORK OBLIGATIONS. CLASSES, FEES, SEMINARS, RESIDENTIAL HOUSING AND FOOD SERVICE PROVIDE AN EDUCATIONAL, RESIDENTIAL AND SOCIAL EXPERIENCE FOR STUDENTS AND MEMBERS OF THE SURROUNDING COMMUNITY. BLOOMFIELD COLLEGE IS CHARTERED BY THE STATE OF NEW JERSEY AND ACCREDITED BY THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. ITS ACADEMIC PROGRAMS ARE APPROVED BY THE NEW JERSEY COMMISSION ON HIGHER EDUCATION. THE NURSING PROGRAM AT BLOOMFIELD IS ACCREDITED BY COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE) AND THE NEW JERSEY BOARD OF NURSING. THE DIVISION OF EDUCATION IS ACCREDITED BY THE TEACHER EDUCATION ACCREDITATION COUNCIL (TEAC). BLOOMFIELD COLLEGE IS RELATED TO THE PRESBYTERIAN CHURCH, USA, THROUGH THE SYNOD OF THE NORTHEAST AND IS A MEMBER OF THE ASSOCIATION OF PRESBYTERIAN COLLEGES AND UNIVERSITIES. THE FALL 2013 STUDENT BODY, OF APPROXIMATELY 1972 STUDENTS, IS APPROXIMATELY 65% FEMALE, 50% AFRICAN AMERICAN, 22% HISPANIC, AND 13% WHITE. MANY BLOOMFIELD COLLEGE STUDENTS ARE FIRST GENERATION COLLEGE STUDENTS, OR ARE PROFESSIONALS SEEKING TO KEEP PACE WITH A CHANGING MARKET PLACE. AS OF THE FALL OF 2013, ABOUT 510 STUDENTS RESIDE ON CAMPUS. IN THE FALL OF 2013, BLOOMFIELD COLLEGE ENROLLED 622 NEW FRESHMAN AND TRANSFER STUDENTS; 409 OF THESE NEW STUDENTS WERE FULL-TIME TRADITIONAL UNDERGRADUATE FRESHMEN. ABOUT 98% OF FRESHMEN AND 93% OF CONTINUING STUDENTS RECEIVE SOME FORM OF AID. AID IS DISTRIBUTED AS: 65% GRANTS,29% STUDENT LOANS, 4% PARENTAL LOANS AND 2% JOBS. A TOTAL OF 411 ENROLLED FRESHMEN WERE JUDGED TO HAVE NEED, AND 408 OF THESE WERE OFFERED AID. SCHOLARSHIPS AVAILABLE FOR: ACADEMICS, ATHLETICS, LEADERSHIP, ALUMNI AFFILIATION, RELIGIOUS AFFILIATION. AS OF THE FALL 2013, THE FACULTY WAS COMPRISED OF 72 FULL-TIME PROFESSORS (29 MALE, 43 FEMALE), PLUS 145 ADJUNCT PROFESSORS. THE ADMINISTRATION AND STAFF (MINUS FACULTY) IS COMPRISED OF 238 FULL AND PART-TIME EMPLOYEES. MANY OF THE FACULTY AND ADMINISTRATION ARE NATIONAL LEADERS IN SCHOLARSHIP, DEVELOPING INNOVATIVE WAYS TO MEET THE INTELLECTUAL, SOCIAL AND DEMOGRAPHIC CHANGES IN SOCIETY. BLOOMFIELD COLLEGE OFFERS OVER 60 MAJORS AND AREAS OF CONCENTRATION AS WELL AS OTHER SPECIAL LEARNING OPPORTUNITIES SUCH HONORS PROGRAMS AND STUDY ABROAD. IN ADDITION TO THE UNDERGRADUATE CURRICULUM, WE ALSO HAVE A LARGE NON-CREDIT CONTINUING EDUCATION PROGRAM WITH OUR OFFICE OF INTERNATIONAL TRAINING AND PROFESSIONAL STUDIES (ITPS). ITPS OFFERS ONLINE CERTIFICATE PROGRAMS FOR THE CAREER ORIENTED STUDENT. THEY ALSO HAVE CUSTOMIZED CORPORATE COURSES. THE AMERICAN LANGUAGE CENTER HAS YEAR ROUND ESL CLASSES FOR THOSE LOOKING TO IMPROVE THEIR ENGLISH SKILLS. IN ADDITION, THEY ARE LINKED GLOBALLY WITH MANY SCHOOLS AND UNIVERSITIES FOR TRAINING OF INTERNATIONAL STUDENTS IN ENGLISH, NURSING, EDUCATION, HOSPITALITY, AND OTHER FIELDS OF STUDY.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$24.7$34.7$10.0
2023Summary only. Only limited summary data is available for this year.$92.4$32.9$59.5$56.6$56.5$0.04
2022Summary only. Only limited summary data is available for this year.$93.9$35.7$58.2$53.9$54.9$1.05
2021Summary only. Only limited summary data is available for this year.$100$37.8$62.6$66.6$67.1$0.53
2020Summary only. Only limited summary data is available for this year.$105$44.0$60.8$59.9$62.0$2.03
2019Summary only. Only limited summary data is available for this year.$104$40.9$63.2$61.3$63.9$2.53
2018Summary only. Only limited summary data is available for this year.$107$41.0$65.7$65.9$64.5$1.35
2017Summary only. Only limited summary data is available for this year.$105$40.9$63.7$68.2$65.0$3.18
2016Summary only. Only limited summary data is available for this year.$100$40.9$59.4$65.7$62.7$3.06
2015Summary only. Only limited summary data is available for this year.$98.2$41.1$57.1$63.8$61.0$2.80
2014Detailed filing. Detailed filing data is available for this year.$91.4$37.0$54.3$61.7$59.1$2.58
2013Summary only. Only limited summary data is available for this year.$68.0$17.2$50.8$56.5
2012Summary only. Only limited summary data is available for this year.$60.9$14.8$46.1$54.8
2011Summary only. Only limited summary data is available for this year.$58.4$15.2$43.2$53.0
2010Summary only. Only limited summary data is available for this year.$55.5$16.5$39.0$48.7