Civic Intelligence

Amridge University Inc.

990 • Fiscal year 2020 • EIN 23-7034324

Jul 01, 2019 to Jun 30, 2020 • Filed on Oct 29, 2020

Organization ProfileWWW.AMRIDGEUNIVERSITY.EDU

View Organization Page

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1200 Taylor RoadMontgomery, AL 36117

(334) 387-3877

Siviq Scores

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

Liabilities / Assets

30th percentile

0.07x

Higher debt load relative to assets than 30% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

24th percentile

0.10x

Higher debt load relative to revenue than 24% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$381,468

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

46th percentile

5.3%

Faster asset growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-0.9%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$15,207,430

Up $768,900 (+5.3%) from 2019

Net Assets

Up

$14,152,372

Up $2,201,197 (+18%) from 2019

Liabilities

Down

$1,055,058

Down $1,432,297 (-58%) from 2019

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin77th percentile

Revenue

Down

$10,496,150

Down $94,791 (-0.9%) from 2019

Expenses

Up

$8,294,953

Up $128,307 (+1.6%) from 2019

Net Income

Down

$2,201,197

Down $223,098 (-9.2%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$20M$15M$10M$5.0M$0Assets 2013: $12,274,714Liabilities 2013: $3,335,057Net Assets 2013: $8,939,6572013Assets 2014: $13,848,241Liabilities 2014: $3,019,785Net Assets 2014: $10,828,4562014Assets 2015: $12,008,292Liabilities 2015: $3,194,663Net Assets 2015: $8,813,6292015Assets 2016: $12,111,063Liabilities 2016: $3,157,036Net Assets 2016: $8,954,0272016Assets 2017: $12,007,257Liabilities 2017: $3,009,828Net Assets 2017: $8,997,4292017Assets 2018: $12,678,027Liabilities 2018: $2,311,542Net Assets 2018: $10,366,4852018Assets 2019: $14,438,530Liabilities 2019: $2,487,355Net Assets 2019: $11,951,1752019Assets 2020: $15,207,430Liabilities 2020: $1,055,058Net Assets 2020: $14,152,3722020Assets 2023: $16,559,959Liabilities 2023: $1,052,981Net Assets 2023: $15,506,9782023Assets 2025: $16,892,072Liabilities 2025: $969,415Net Assets 2025: $15,922,6572025

Highlighted filing

2020

Assets$15,207,430
Liabilities$1,055,058
Net Assets$14,152,372
Open 2020 Filing

Operations Trend

Revenue Growth42nd percentile

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

$15M$10M$5.0M$0-$5.0MExpenses 2013: $9,522,4922013Revenue 2014: $10,631,300Expenses 2014: $8,742,501Net Income 2014: $1,888,7992014Revenue 2015: $9,029,223Expenses 2015: $11,044,050Net Income 2015: -$2,014,8272015Revenue 2016: $8,498,092Expenses 2016: $8,357,694Net Income 2016: $140,3982016Revenue 2017: $7,739,824Expenses 2017: $7,696,422Net Income 2017: $43,4022017Revenue 2018: $8,823,108Expenses 2018: $7,454,052Net Income 2018: $1,369,0562018Revenue 2019: $10,590,941Expenses 2019: $8,166,646Net Income 2019: $2,424,2952019Revenue 2020: $10,496,150Expenses 2020: $8,294,953Net Income 2020: $2,201,1972020Revenue 2023: $9,349,751Expenses 2023: $8,833,818Net Income 2023: $515,9332023Revenue 2025: $8,643,177Expenses 2025: $8,614,180Net Income 2025: $28,9972025

Highlighted filing

2020

Revenue$10,496,150
Expenses$8,294,953
Net Income$2,201,197
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Oct 29, 2020
Return Version
2019v5.1
Gross Receipts
$10,508,434
Mission and Program Overview

Mission

To prepare men and women, through a commitment to academic excellence and spiritual vitality at the undergraduate and graduate levels, for a lifetime of learning, leadership, and service to the professions, society, church and family.

Amridge university is an independent, coeducational institution dedicated to the spirit of its christian ideals and heritage. Amridge university's mission is to prepare men and women, through a commitment to academic excellence and spiritual vitality at the undergraduate and graduate levels, for a lifetime of learning, leadership, and service to the professions, society, church and family.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,812,827$11,870,055▲ $57,228
Cash and Non-Interest-Bearing Accounts$2,046,754$2,743,327▲ $696,573
Prepaid Expenses and Deferred Charges$130,265$158,732▲ $28,467
Accounts Receivable$139,597$154,764▲ $15,167
Investments Other Securities$151,868$139,133▼ $12,735
Other Notes and Loans Receivable, Net$32,166$0▼ $32,166
Savings and Temporary Cash Investments$22,906$22,910▲ $4
Pledges and Grants Receivable$25,532$7,400▼ $18,132
Total Assets$14,438,530$15,207,430▲ $768,900
Other Assets Total$76,615$111,109▲ $34,494
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,296,697$0▼ $1,296,697
Deferred Revenue$943,283$821,624▼ $121,659
Accounts Payable and Accrued Expenses$247,375$233,434▼ $13,941
Total Liabilities$2,487,355$1,055,058▼ $1,432,297
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,242,127$13,636,478▲ $2,394,351
Net Assets With Donor Restrictions$709,048$515,894▼ $193,154
Total Net Assets Fund Balance$11,951,175$14,152,372▲ $2,201,197
Total Liabilities and Net Assets / Fund Balance$14,438,530$15,207,430▲ $768,900

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,065,662--
Land$10,395,394--
Equipment$408,999$2,582,770-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$709,048-▲ $26,932$17,232$515,894
2018$927,423-▼ $3,588$17,441$709,048
2017$544,625$375,435▲ $7,363-$927,423
2016$601,327-▲ $4,008$60,710$544,625
2015$598,848-▲ $45,349$42,870$601,327
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael C TurnerEx-officio MemberFT$283,772$97,696$381,468
Barbara TurnerBursarFT$159,901$6,000$165,901
Anita CrosbyControllerFT$136,572$12,000$148,572
Laina CostanzaBoard MemberFT$126,727$18,000$144,727
Lee TaylorVice President of AcademicFT$131,711$12,000$143,711
Jack S TempleSystem Administrator for NFT$117,661$18,000$135,661

Board Members and Trustees

NameTitle
Don PateChairman
Raymond ElliottVice-chairman
Bobby TerrellBoard Member
David LanghansBoard Member
Donnie G TurnerBoard Member
Jesse RussellBoard Member
Jimmie BensonBoard Member
Sharon Glenn GrayBoard Member
Jason WrightSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$681,458
Program Service Revenue
$9,803,852
Investment Income
$10,840
Other Revenue
$0
All Other Contributions
$659,208
Change in Net Assets
$2,201,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,176,322
Revenue Not Reported on Financial Statements
$1,319,828
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,319,828
Total Revenue per Audited Statements
$9,176,322
Total Revenue per Form 990
$10,496,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,638,232
Other Expenses$2,336,893
Grants and Similar Amounts Paid$1,319,828
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,829,514$485,378-$3,314,892
Grants to Domestic Individuals$1,319,828--$1,319,828
Advertising-$957,199-$957,199
Current Officers, Directors, Trustees, and Key Employees-$653,207-$653,207
Other Employee Benefits$245,631$151,613-$397,244
Payroll Taxes$208,237$64,652-$272,889
Information Technology$79,264$102,609-$181,873
Occupancy$87,143$82,306-$169,449
All Other Expenses$96,250$62,428-$158,678
Depreciation Depletion$82,602$62,312-$144,914
Office Expenses$6,784$98,580-$105,364
Other Expenses$45,934$77,971-$77,971
Insurance-$53,438-$53,438
Fees for Services Other-$12,650-$12,650
Interest-$11,783-$11,783
Travel$185$10,944-$11,129
Fees for Services Legal-$7,765-$7,765
Total Functional Expenses$5,266,068$3,028,885$0$8,294,953

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,294,953
Expenses per Audited Statements$6,975,125
Total Expenses per Audited Statements$6,975,125
Expenses Not Reported on Financial Statements$1,319,828
Other Expense Adjustments$1,319,828
Expenses Not Reported on Form 990$0
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Laina CostanzaOwns Blue Group Advertising Which Provides Services to the UniversityBLUE GROUP PROVIDES SERVICES FOR WHICH IT EARNS COMMISSIONS FROM ADVERTISERS. THE AMOUNT OF THIS TRANSACTION IN THE CURRENT YEAR IS ESTIMATED TO BE $152,213.No$152,213
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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 2

“One of the board officers is the sister of the president.”

Form 990, Part VI, Section B, Line 11B

“Board officers review form 990 by comparing the amounts reported on the return to the audited financial statements.”

Form 990, Part VI, Section B, Line 15A

“The finance committee of the board determines the president's salary after reviewing comparable salaries. The president, in coordination with the business office, determines salaries based upon comparable salaries, budget and performance.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Amridge University Inc
EIN
23-7034324
Phone
3343873877
Address
1200 TAYLOR ROAD, MONTGOMERY, AL 36117

Signing Officer

Name
Michael C Turner
Title
President
Phone
3343873877
Signed
2020-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael C Turner
Formed
1968
Legal Domicile
Al
Voting Board Members
10
Independent Board Members
9
Employees
82
Volunteers
0

Preparer

Firm
Carr Riggs & Ingram LLC
Address
1117 BOLL WEEVIL CIRCLE, ENTERPRISE, AL 36330
Preparer
Ashley H Stafford
Phone
3343470088
Supplemental Narrative

Financial Statement Notes

PART III, LINE 4:

“Lifesize statues of the founders of the university are being held for public exhibition.”

PART V, LINE 4:

“Term endowments consist of a life interest agreement in one residence. Permanent endowments represent the accumulated principal of endowment gifts, which are to be invested in perpetuity, the income and gains from which are expendable to support the university's operations.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“TUITION AND FEES”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Grants and other assistance”

Raw XML AppendixShowing 400 of 617 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/Form990PartVIISectionAGrp/TitleTxt11BURSAR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT OF ACADEMIC
IRS990/Form990PartVIISectionAGrp/TitleTxt13CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SYSTEM ADMINISTRATOR FOR N
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-12284
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt022250
IRS990/GrantAmt01319828
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01319828
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01319828
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt010508434
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0102609
IRS990/InformationTechnologyGrp/ProgramServicesAmt079264
IRS990/InformationTechnologyGrp/TotalAmt0181873
IRS990/InsuranceGrp/ManagementAndGeneralAmt053438
IRS990/InsuranceGrp/TotalAmt053438
IRS990/InterestGrp/ManagementAndGeneralAmt011783
IRS990/InterestGrp/TotalAmt011783
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt023124
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023124
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0151868
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0139133
IRS990/IRPDocumentCnt023
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02582770
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011812827
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011870055
IRS990/LandBldgEquipCostOrOtherBssAmt014452825
IRS990/LegalDomicileStateCd0AL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012284
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PREPARE MEN AND WOMEN, THROUGH A COMMITMENT TO ACADEMIC EXCELLENCE AND SPIRITUAL VITALITY AT THE UNDERGRADUATE AND GRADUATE LEVELS, FOR A LIFETIME OF LEARNING, LEADERSHIP, AND SERVICE TO THE PROFESSIONS, SOCIETY, CHURCH AND FAMILY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01296697
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt011951175
IRS990/NetAssetsOrFundBalancesEOYAmt014152372
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-12284
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12284
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011242127
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013636478
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt082306
IRS990/OccupancyGrp/ProgramServicesAmt087143
IRS990/OccupancyGrp/TotalAmt0169449
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt098580
IRS990/OfficeExpensesGrp/ProgramServicesAmt06784
IRS990/OfficeExpensesGrp/TotalAmt0105364
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt076615
IRS990/OtherAssetsTotalGrp/EOYAmt0111109
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0151613
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0245631
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0397244
IRS990/OtherExpensesGrp/Desc0ONLINE COURSE DELIVERY
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2OPERATION AND MAINTENAN
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt099398
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt134652
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt277971
IRS990/OtherExpensesGrp/ProgramServicesAmt0264696
IRS990/OtherExpensesGrp/ProgramServicesAmt145934
IRS990/OtherExpensesGrp/TotalAmt0264696
IRS990/OtherExpensesGrp/TotalAmt199398
IRS990/OtherExpensesGrp/TotalAmt280586
IRS990/OtherExpensesGrp/TotalAmt377971
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0485378
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02829514
IRS990/OtherSalariesAndWagesGrp/TotalAmt03314892
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt032166
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt064652
IRS990/PayrollTaxesGrp/ProgramServicesAmt0208237
IRS990/PayrollTaxesGrp/TotalAmt0272889
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025532
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt07400
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0130265
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0158732
IRS990/PrincipalOfficerNm0MICHAEL C TURNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611310
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900088
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER REVENUES
IRS990/ProgramServiceRevenueGrp/Desc2CHANGE IN LIFE INTEREST AGREEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09737033
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt139900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt226919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09737033
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt139900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt226919
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01369908
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0911403
IRS990/PYInvestmentIncomeAmt0-12040
IRS990/PYOtherExpensesAmt02685850
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt09233073
IRS990/PYRevenuesLessExpensesAmt02424295
IRS990/PYSalariesCompEmpBnftPaidAmt04569393
IRS990/PYTotalExpensesAmt08166646
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010590941
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02201197
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09814692
IRS990/SavingsAndTempCashInvstGrp/BOYAmt022906
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022910
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01065662
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01065662
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0709048
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0515894
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0202854
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt026932
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt017232
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0927423
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0709048
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0197346
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-3588
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt017441
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0544625
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0375435
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0927423
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07363
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0601327
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0544625
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04008
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt060710
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0598848
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0601327
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt045349
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt042870
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0408999
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02582770
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02991769
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01319828
IRS990ScheduleD/ExpensesSubtotalAmt06975125
IRS990ScheduleD/LandGrp/BookValueAmt010395394
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt010395394
IRS990ScheduleD/OtherExpensesNotIncludedAmt01319828
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01319828
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.33890
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01319828
IRS990ScheduleD/RevenueSubtotalAmt09176322
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LIFESIZE STATUES OF THE FOUNDERS OF THE UNIVERSITY ARE BEING HELD FOR PUBLIC EXHIBITION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TERM ENDOWMENTS CONSIST OF A LIFE INTEREST AGREEMENT IN ONE RESIDENCE. PERMANENT ENDOWMENTS REPRESENT THE ACCUMULATED PRINCIPAL OF ENDOWMENT GIFTS, WHICH ARE TO BE INVESTED IN PERPETUITY, THE INCOME AND GAINS FROM WHICH ARE EXPENDABLE TO SUPPORT THE UNIVERSITY'S OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2TUITION AND FEES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3GRANTS AND OTHER ASSISTANCE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,207,430
Liabilities
$1,055,058
Net assets
$14,152,372
Revenue
$10,496,150
Expenses
$8,294,953
Net income
$2,201,197
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.9$0.97$15.9$8.64$8.61$0.03
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$1.05$15.5$9.35$8.83$0.52
2020Detailed filing. Detailed filing data is available for this year.$15.2$1.06$14.2$10.5$8.29$2.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$2.49$12.0$10.6$8.17$2.42
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$2.31$10.4$8.82$7.45$1.37
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$3.01$9.00$7.74$7.70$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.1$3.16$8.95$8.50$8.36$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$3.19$8.81$9.03$11.0$2.01
2014Detailed filing. Detailed filing data is available for this year.$13.8$3.02$10.8$10.6$8.74$1.89
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$3.34$8.94$9.52