Civic Intelligence

Geneva College

990 • Fiscal year 2021 • EIN 25-0965376

Jun 01, 2020 to May 31, 2021 • Filed on Feb 17, 2022

3200 College AvenueBeaver Falls, PA 15010

(724) 846-5100

Siviq Scores

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

Liabilities / Assets

31st percentile

0.09x

Higher debt load relative to assets than 31% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.18x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

31st percentile

3.3%

Higher net margin than 31% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

38th percentile

$273,728

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

55th percentile

13%

Faster asset growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

15th percentile

-10%

Faster revenue growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Assets

Up

$99,767,800

Up $11,612,623 (+13%) from 2020

Net Assets

Up

$90,653,687

Up $12,593,850 (+16%) from 2020

Liabilities

Down

$9,114,113

Down $981,227 (-9.7%) from 2020

Revenue

Down

$50,660,204

Down $5,743,355 (-10%) from 2020

Expenses

Up

$48,975,273

Up $1,068,582 (+2.2%) from 2020

Net Income

Down

$1,684,931

Down $6,811,937 (-80%) from 2020

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $76,806,727Liabilities 2010: $25,213,938Net Assets 2010: $51,592,7892010Assets 2011: $82,305,109Liabilities 2011: $23,808,783Net Assets 2011: $58,496,3262011Assets 2012: $77,575,809Liabilities 2012: $21,453,302Net Assets 2012: $56,122,5072012Assets 2013: $82,561,979Liabilities 2013: $20,747,551Net Assets 2013: $61,814,4282013Assets 2014: $84,282,368Liabilities 2014: $19,164,980Net Assets 2014: $65,117,3882014Assets 2015: $83,096,402Liabilities 2015: $17,328,615Net Assets 2015: $65,767,7872015Assets 2016: $79,571,168Liabilities 2016: $16,571,585Net Assets 2016: $62,999,5832016Assets 2017: $80,204,290Liabilities 2017: $14,265,973Net Assets 2017: $65,938,3172017Assets 2018: $81,643,848Liabilities 2018: $12,138,731Net Assets 2018: $69,505,1172018Assets 2019: $80,322,086Liabilities 2019: $9,766,908Net Assets 2019: $70,555,1782019Assets 2020: $88,155,177Liabilities 2020: $10,095,340Net Assets 2020: $78,059,8372020Assets 2021: $99,767,800Liabilities 2021: $9,114,113Net Assets 2021: $90,653,6872021Assets 2022: $89,598,417Liabilities 2022: $4,747,185Net Assets 2022: $84,851,2322022Assets 2023: $97,852,036Liabilities 2023: $7,035,782Net Assets 2023: $90,816,2542023Assets 2024: $100,082,536Liabilities 2024: $5,066,437Net Assets 2024: $95,016,0992024Assets 2025: $104,701,786Liabilities 2025: $6,200,013Net Assets 2025: $98,501,7732025

Highlighted filing

2021

Assets$99,767,800
Liabilities$9,114,113
Net Assets$90,653,687

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $47,913,1292010Expenses 2011: $50,485,4342011Expenses 2012: $51,548,4972012Expenses 2013: $52,118,6582013Revenue 2014: $54,822,137Expenses 2014: $53,190,920Net Income 2014: $1,631,2172014Revenue 2015: $53,522,832Expenses 2015: $51,309,893Net Income 2015: $2,212,9392015Revenue 2016: $51,638,255Expenses 2016: $50,476,632Net Income 2016: $1,161,6232016Revenue 2017: $50,014,549Expenses 2017: $49,972,517Net Income 2017: $42,0322017Revenue 2018: $50,750,521Expenses 2018: $48,244,420Net Income 2018: $2,506,1012018Revenue 2019: $51,535,294Expenses 2019: $48,875,656Net Income 2019: $2,659,6382019Revenue 2020: $56,403,559Expenses 2020: $47,906,691Net Income 2020: $8,496,8682020Revenue 2021: $50,660,204Expenses 2021: $48,975,273Net Income 2021: $1,684,9312021Revenue 2022: $57,562,489Expenses 2022: $52,345,459Net Income 2022: $5,217,0302022Revenue 2023: $58,740,883Expenses 2023: $51,499,151Net Income 2023: $7,241,7322023Revenue 2024: $50,999,952Expenses 2024: $51,330,861Net Income 2024: -$330,9092024Revenue 2025: $58,329,803Expenses 2025: $56,256,761Net Income 2025: $2,073,0422025

Highlighted filing

2021

Revenue$50,660,204
Expenses$48,975,273
Net Income$1,684,931
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Feb 17, 2022
Return Version
2020v4.2
Gross Receipts
$53,540,086
Mission and Program Overview

Mission

Geneva college is a christ-centered academic community that provides a comprehensive education to equip students for faithful and fruitful service to god and neighbor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$42,025,283$52,328,467▲ $10,303,184
Land, Buildings, and Equipment, Net$24,655,306$24,927,365▲ $272,059
Cash and Non-Interest-Bearing Accounts$7,603,375$7,494,022▼ $109,353
Investments Other Securities$4,661,386$5,316,580▲ $655,194
Savings and Temporary Cash Investments$2,027,995$1,960,644▼ $67,351
Accounts Receivable$1,209,374$1,171,918▼ $37,456
Other Notes and Loans Receivable, Net$944,657$612,429▼ $332,228
Pledges and Grants Receivable$66,921$38,946▼ $27,975
Total Assets$88,155,177$99,767,800▲ $11,612,623
Other Assets Total$4,960,880$5,917,429▲ $956,549
Liabilities
Deferred Revenue$4,466,708$4,531,048▲ $64,340
Accounts Payable and Accrued Expenses$1,777,900$2,695,275▲ $917,375
Other Liabilities$1,863,414$1,678,565▼ $184,849
Tax Exempt Bond Liabilities$1,987,318$209,225▼ $1,778,093
Total Liabilities$10,095,340$9,114,113▼ $981,227
Net Assets / Fund Balance
Net Assets With Donor Restrictions$50,146,283$61,218,665▲ $11,072,382
Net Assets Without Donor Restrictions$27,913,554$29,435,022▲ $1,521,468
Total Net Assets Fund Balance$78,059,837$90,653,687▲ $12,593,850
Total Liabilities and Net Assets / Fund Balance$88,155,177$99,767,800▲ $11,612,623

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,946,636$39,057,376$58,004,012
Equipment$3,069,587$23,183,267$26,252,854
Land$2,005,118-$2,005,118
Other Land Buildings$906,024-$906,024
Other Assets Org$1,001,611--
Other Securities$2,401,261--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$48,811,484$1,034,360▲ $12,703,275$1,056,293$60,245,898
2019$43,264,240$5,466,915▲ $2,233,191$1,127,174$48,811,484
2018$42,067,457$2,390,564▲ $518,611$753,913$43,264,240
2017$39,501,403$2,107,606▲ $2,932,502$1,183,883$42,067,457
2016$36,936,073$562,773▲ $4,389,350$1,062,440$39,501,403
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Calvin TroupPresidentFT$211,681$59,947$271,628
Melinda R StephensVice President of AcademicFT$138,467$58,767$197,234
Timothy R BairdVP of Business & FinanceFT$124,675$29,584$154,259
Scott F BarnesVP of Information Tech ServicesFT$126,640$24,266$150,906
Marvin DeweyVP Institutional AdvancementFT$133,571$13,225$146,796
Jonathan WattAssistant Prof of Biblical StudiesFT$109,633$33,013$142,646
Anthony TurnerVP Enrollment & MarketingFT$115,110$23,592$138,702
Christen AdelsBusiness Department ChairFT$116,760$3,572$120,332
Mark SampsonTrustee (entered 8/1/20)--$84,822$84,822
John P Edgar EsqTrustee--$90$90
Herbert MccrackenTrustee (entered 8/1/20)--$54$54

Board Members and Trustees

NameTitle
Joel Silverman Vc Thru 713/20) Chairman/corp (eff 7/13/20)
Kenneth De JongVice Chair/corporator (eff 7/13/20)
David SheddTrustee
Donald KirkwoodTrustee
Ethan WingfieldTrustee
Kathryn GardnerTrustee
Raymond E LippsTrustee
Scott ReynoldsTrustee
William KrinerTrustee
Dale WeaverTrustee (entered 2/13/21)
Gregory BeechaumTrustee (entered 2/13/21)
LUKE O'NEILLTrustee (entered 8/1/20)
Andrew M Bernard JrTrustee (exited 10/26/20)
Melville W AdamsTrustee (exited 10/26/20)
Kenneth CreasmanTrustee (exited 10/28/20)
Dr Daniel Pu LiuTrustee (exited 6/18/20)
David SchaeferTrustee/corporator
Shana MilroyTrustee/corporator
Steven McmahanTrustee/corporator (entered 2/13/21)
Phillip DuguidTrustee/corporator (exited 9/19/20)
Dr Bonnie WeirSecretary/corporator

Highest Paid Contractors

ContractorServicesLocationCompensation
Pioneer College CaterersincFood Service12351 W 96TH TERRACE SUITE 204-W, Lenexa, KS 66215$1,832,304
Aramark Facility SvcsPhysical Plant ServicesC/O GENEVA COLLEGE PHYISCAL PLANT, Beaver Falls, PA 15010$1,155,669
Townsend Construction & Engineering LLCEngineering/construction Services520 32ND STREET, Beaver Falls, PA 15010$723,914
Emerge Education LLCEducational Services355 N 21ST ST 307, Camp Hill, PA 17011$357,750
Miq Digital Na INCDigital Advertising261 FIFTH AVENUE 26TH FLOOR, New York, NY 10016$280,776
Revenue and Support

Revenue Composition

Contributions and Grants
$7,357,980
Program Service Revenue
$40,738,463
Investment Income
$2,500,917
Other Revenue
$62,844
All Other Contributions
$3,610,025
Change in Net Assets
$1,684,931

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 Traded7$84,119Fair Market Value (FMV)
Total Noncash Contributions7$84,119-

Audited Revenue Reconciliation

Revenue per Audited Statements
$50,409,061
Revenue Not Reported on Financial Statements
$251,143
Revenue Not Reported on Form 990
$-4,346,048
Other Revenue Adjustments
$-19,601
Total Revenue per Audited Statements
$46,063,013
Total Revenue per Form 990
$50,660,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$20,470,947
Grants and Similar Amounts Paid$15,944,160
Other Expenses$12,560,166
Total Fundraising Expense$1,329,152
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$15,944,160--$15,944,160
Other Salaries and Wages$12,261,049$1,071,045$571,639$13,903,733
Other Employee Benefits$4,027,068$241,580$132,760$4,401,408
Depreciation Depletion$2,384,067$21,217$33,410$2,438,694
Office Expenses$1,149,853$385,380$67,065$1,602,298
Fees for Services Other$1,134,428$243,449$56,681$1,434,558
Payroll Taxes$877,317$105,414$41,248$1,023,979
Occupancy$973,352$8,467$13,628$995,447
All Other Expenses$894,716$62,653$18,878$976,247
Advertising$3,042$571,642$243,058$817,742
Information Technology$676,631$104$35,848$712,583
Current Officers, Directors, Trustees, and Key Employees$291,298$236,839$73,547$601,684
Pension Plan Contributions$491,530$32,409$16,204$540,143
Travel$336,817$24,295$12,927$374,039
Insurance$20,042$268,356$280$288,678
Fees for Service Investment Mgmnt Fees-$270,744-$270,744
Other Expenses$17,388$120,312$2,578$137,700
Fees for Services Accounting$4,320$109,259$7,232$120,811
Fees for Services Legal$300$93,813$809$94,922
Interest$44,932$1,567-$46,499
Conferences and Meetings$11,961$3,184-$15,145
Fees for Services Lobbying-$606-$606
Total Functional Expenses$43,671,983$3,974,138$1,329,152$48,975,273

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$48,975,273
Total Expenses per Audited Statements$33,469,163
Expenses per Audited Statements$33,449,562
Expenses Not Reported on Financial Statements$15,525,711
Other Expense Adjustments$15,254,967
Expenses Not Reported on Form 990$19,601
International Activity

International Summary

Offices
0
Employees
0
Spending
$5,316,580

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanForeign Investments-00$5,316,580
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,414
Fundraising Gross Income$19,414
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
May Athletics Golf$27,425$16,218-$16,218
October Athletics Golf$17,075$3,196-$3,196
Total Events$44,500$19,414$19,414$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Federal Student Loan Funds$578,122
Postretirement Benefit Obligation$542,364
Capital Lease$330,809
Annuities and Life Income Trusts Payable$227,270

Bond Issues

BondIssuerIssuedIssue PricePurpose
APennsylvania Higher Educational Facilities Authority2007-08-16$20,052,000Equipment & capital projects, refunding

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$20,052,000-$19,824,757$154,976

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

The executive committee consists of the three officers of the board of trustees (chair, vice chair and secretary) along with all standing board of trustee committee chairs. The executive committee is empowered to act as necessary on behalf of the board of trustees when it is not in session. Unless vetoed by the board of trustees at its next meeting, all actions of the executive committee are valid and binding actions of the board of trustees. All executive committee members are also members of the board of trustees.

Form 990, Part VI, Section A, Line 6

The reformed presbyterian church of north america elects a board of corporators, and one of the roles of the board of corporators is to elect the board of trustees and give final approval for the election of the president of the college. Six trustees shall serve as both corporators and trustees concurrently. At least 11 of the 21 members of the board of trustees must come from the membership of the rpcna.

Form 990, Part VI, Section A, Line 7A

Geneva college is governed by the reformed presbyterian church of north america (rpcna). The rpcna elects a board of corporators, and one of the roles of the board of corporators is to elect the board of trustees and give final approval for the election of the president of geneva college. Six of the corporators are also members of the board of trustees of geneva college.

Form 990, Part VI, Section A, Line 7B

Geneva college is a christian institution of higher education operated by a board of trustees, but governed by a board of corporators.

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

The form 990 is reviewed by the controller and the vp of business & finance. The form 990 is also reviewed, discussed and approved by the business and operations committee of the board of trustees. The form 990 is made available to all of the board of trustees members prior to e-filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The administrative assistant of the president collects and reviews all of the conflict of interest statements completed by the board of trustees and maintains a checklist to ensure that she receives all of them. She then documents any disclosures made and forwards this document to the executive committee of the board of trustees for their review.

Form 990, Part VI, Section B, Line 15

President/ceo - the committee established a compensation target of the 60th percentile of cccu schools for the president after reviewing data provided by the college's compensation consultant. The committee makes recommendations to adjust the presidents compensation periodically in regards to compensation data and established targets. The president's performance and the college's financial position were all factored into the committee's recommendation to the executive committee of the board of trustees. Top mgmt/other officers/key employees - for the vice president of business & finance, vice president of academic affairs, vice president of advancement, vice president of student development and vice president of information technology services, the director of human resources provides compensation data to the president on the relative place of each position within its pay range. Pay ranges are established based on benchmarks to survey data using the percentile of cccu schools reported in the survey. The director of human resources participates in and has access to a compensation survey with other christian colleges through cupa data on demand feature. The benchmark chosen is the 60th percentile of cccu schools. The president considers the previous year's performance and goal attainment in making compensation adjustments (using a similar raise matrix used for other staff employees which establishes a general raise range parameter based on performance rating and pay range penetration). He also considers the responsibilities and projects accomplished and new duties assumed in the previous year. The president informs the director of human resources of the appropriate changes to executive compensation. The president may also direct the director of human resources to pay relatively small performance bonuses from time to time. For positions such as deans and associate vice presidents for the functional areas of the college, the process for establishing pay (and pay increases) is the same as above except that the decision maker for these positions rest with their respective supervisor.

Form 990, Part VI, Section C, Line 19

Geneva college makes its governing documents, conflict of interest policy statement and financial statements available for public inspection upon request and through its own website.

Filing and Contact Details

Filer

Filer Name
Geneva College
EIN
25-0965376
Phone
7248465100
Address
3200 COLLEGE AVENUE, BEAVER FALLS, PA 15010

Signing Officer

Name
Timothy R Baird
Title
VP of Business & Finance
Phone
7248465100
Signed
2022-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Calvin Troup
Formed
1848
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
12
Employees
931
Volunteers
244

Preparer

Firm
Schneider Downs & Co Inc
Address
ONE PPG PLACE SUITE 1700, PITTSBURGH, PA 15222
Preparer
Sarah R Piot
Phone
4122613644
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Education - geneva college is a christ-centered accademic community that provides a comprehensive education to equip students for faithful and fruitful service to god and neighbor. The college offers 145 traditional undergraduate majors and programs, fully online adult degree programs and high-demand graduate degrees. Adhering to the truth of scripture, a geneva education is grounded in god's word, as well as in a core curriculum designed to prepare students vocationally to think, write and communicate well in today's world. The college is a nonprofit institution located in beaver falls, pennsylvania and was founded in 1848. It is governed by the reformed presbyterian church of north america (rpcna) and is a founding member of both the council for christian colleges and universities (cccu) and the international association for christian education (iace). The full and part-time student enrollment was: summer 2020 fall 2020 spring 2021 full-time: 30 1,162 1,031 part-time: 185 187 182 total: 215 1,349 1,213 during fiscal year 2020-2021, the college was operating and providing in-person instruction. However, the college continued to see the impact of the covid-19 pandemic on the college's enrollment and expenses. In january 2021, the college received both institutional grants and student financial aid grants from the higher education emergencey relief fund established under the coronavirus response and relief supplemental appropriations act (crrsaa). The college awarded a student share of $673,627, which was awarded to 764 students as of may 31, 2021. In addition, the college awarded the remaining student share of its coronavirus aid, relief, and economic security act (cares act). $15,566 was awarded to 9 students as of may 31, 2021. These are included in grants in the statement of activities and changes in net assets.

FORM 990, PART XI, LINE 9:

Change in annuities and life income trusts 77,922.

FORM 990, PART XII, QUESTION 2, OVERSIGHT OF FINANCIAL STATEMENT AUDIT:

The college's financial statements are audited by an independent accounting firm. In addition, the organization has a committee that assumes the responsibility for oversight of the audit of its financial statements and its selection of the independent accountant. This process has not changed from the prior year.

SCHEDULE E, LINE 3:

Geneva college admits students of any race, color, sex, disability and national or ethnic origin to all of the rights and privileges, programs and activities generally accorded or made available to students at the school. Geneva does not discriminate against students on the basis of race, color, sex, religion, handicap and national or ethnic origin in the administration of its educational policies, admission policies, scholarship and loan programs, athletic activities or other school-administered programs. Geneva college draws a majority of its students from the northeast and midwest portions of the united states, and particularly southwest pennsylvania. The college follows a racially nondiscriminatory policy in its recruiting of its students. The college enrolls students of racial minority groups in meaningful numbers.

Financial Statement Notes

PART III, LINE 1A:

The college has various literary, archival and artistic collections, which consist of evangelical manuscripts, private papers, rare books of several authors, and works of art. The collections, which were acquired through purchases and contributions since the college's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes.

PART III, LINE 4:

Geneva college is a liberal arts college promoting education and appreciation for the arts and sciences. Collections of artwork, historical documents and manuscripts that the college maintains help to enhance the education that the college is seeking to provide.

PART V, LINE 4:

The college's endowment consists of various investment funds established primarily for support of its mission. Its endowment includes board-designated and donor-restricted endowment funds. As required by generally accepted accounting principles, net assets associated with endowment funds, including funds designated by the college to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions.

PART X, LINE 2:

The college is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been made in the accompanying financial statements. However, to the extent that some auxiliary revenues exceed expenses, they are considered unrelated business income and subject to taxes. The college follows the codification topic on income taxes. The topic prescribes a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in financial statements. The college's statements of financial position at may 31, 2021 and 2020 do not include any liabilities associated with uncertain tax positions; further, the college has no unrecognized tax benefits. The college is no longer subject to examination of its tax returns for years before 2018.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Actuarial adjustment on annuities 77,922. Tuition discounts and funded scholarships -15,254,967.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Rental expenses -187. Fundraising expenses -19,414.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 187. Fundraising expenses 19,414.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Tuition discounts and funded scholarships 15,254,967.

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IRS990/ActivityOrMissionDesc0GENEVA COLLEGE IS A CHRIST-CENTERED ACADEMIC COMMUNITY THAT PROVIDES A COMPREHENSIVE EDUCATION TO EQUIP STUDENTS FOR FAITHFUL AND FRUITFUL SERVICE TO GOD AND NEIGHBOR.
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IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR/CORPORATOR (EFF 7/13/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY/CORPORATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE (EXITED 10/26/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE (ENTERED 2/13/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE (EXITED 10/26/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE (EXITED 10/28/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE/CORPORATOR (EXITED 9/19/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE (ENTERED 8/1/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE/CORPORATOR (ENTERED 2/13/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE/CORPORATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE (ENTERED 8/1/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE (EXITED 6/18/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE/CORPORATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29TRUSTEE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$105$6.20$98.5$58.3$56.3$2.07
2024Detailed filing. Detailed filing data is available for this year.$100$5.07$95.0$51.0$51.3$0.33
2023Detailed filing. Detailed filing data is available for this year.$97.9$7.04$90.8$58.7$51.5$7.24
2022Detailed filing. Detailed filing data is available for this year.$89.6$4.75$84.9$57.6$52.3$5.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$99.8$9.11$90.7$50.7$49.0$1.68
2020Detailed filing. Detailed filing data is available for this year.$88.2$10.1$78.1$56.4$47.9$8.50
2019Detailed filing. Detailed filing data is available for this year.$80.3$9.77$70.6$51.5$48.9$2.66
2018Detailed filing. Detailed filing data is available for this year.$81.6$12.1$69.5$50.8$48.2$2.51
2017Detailed filing. Detailed filing data is available for this year.$80.2$14.3$65.9$50.0$50.0$0.04
2016Detailed filing. Detailed filing data is available for this year.$79.6$16.6$63.0$51.6$50.5$1.16
2015Detailed filing. Detailed filing data is available for this year.$83.1$17.3$65.8$53.5$51.3$2.21
2014Detailed filing. Detailed filing data is available for this year.$84.3$19.2$65.1$54.8$53.2$1.63
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.6$20.7$61.8$52.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.6$21.5$56.1$51.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.3$23.8$58.5$50.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.8$25.2$51.6$47.9