Civic Intelligence

Wilberforce University Wilberforce University

990 • Fiscal year 2017 • EIN 31-0604719

Jul 01, 2016 to Jun 30, 2017 • Filed on May 17, 2018

1055 North Bickett RdWilberforce, OH 45384-1001

(937) 708-5711

Siviq Scores

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

Liabilities / Assets

97th percentile

1.30x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

89th percentile

2.88x

Higher debt load relative to revenue than 89% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

7th percentile

-30%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

76th percentile

$400,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

10th percentile

-6.9%

Faster asset growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

17th percentile

-7.9%

Faster revenue growth than 17% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Down

$31,557,130

Down $2,339,389 (-6.9%) from 2016

Net Assets

Down

-$9,472,197

Down $4,615,944 (-95%) from 2016

Liabilities

Up

$41,029,327

Up $2,276,555 (+5.9%) from 2016

Revenue

Down

$14,253,937

Down $1,226,518 (-7.9%) from 2016

Expenses

Down

$18,565,309

Down $2,719,987 (-13%) from 2016

Net Income

Up

-$4,311,372

Up $1,493,469 (+26%) from 2016

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $35,889,781Liabilities 2010: $29,925,184Net Assets 2010: $5,964,5972010Assets 2011: $34,998,823Liabilities 2011: $29,479,657Net Assets 2011: $5,519,1662011Assets 2012: $32,214,521Liabilities 2012: $28,648,939Net Assets 2012: $3,565,5822012Assets 2013: $30,399,767Liabilities 2013: $27,171,842Net Assets 2013: $3,227,9252013Assets 2015: $35,814,557Liabilities 2015: $31,900,616Net Assets 2015: $3,913,9412015Assets 2016: $33,896,519Liabilities 2016: $38,752,772Net Assets 2016: -$4,856,2532016Assets 2017: $31,557,130Liabilities 2017: $41,029,327Net Assets 2017: -$9,472,1972017Assets 2018: $30,066,434Liabilities 2018: $41,991,771Net Assets 2018: -$11,925,3372018Assets 2019: $30,886,790Liabilities 2019: $43,303,926Net Assets 2019: -$12,417,1362019Assets 2020: $28,513,096Liabilities 2020: $39,510,240Net Assets 2020: -$10,997,1442020Assets 2021: $28,180,485Liabilities 2021: $13,955,544Net Assets 2021: $14,224,9412021Assets 2022: $28,478,430Liabilities 2022: $13,164,996Net Assets 2022: $15,313,4342022Assets 2023: $26,198,495Liabilities 2023: $14,793,008Net Assets 2023: $11,405,4872023Assets 2024: $30,279,556Liabilities 2024: $17,817,082Net Assets 2024: $12,462,4742024

Highlighted filing

2017

Assets$31,557,130
Liabilities$41,029,327
Net Assets-$9,472,197

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $16,807,4662010Expenses 2011: $16,336,9442011Expenses 2012: $15,942,0952012Expenses 2013: $13,946,4612013Revenue 2015: $19,275,530Expenses 2015: $17,165,480Net Income 2015: $2,110,0502015Revenue 2016: $15,480,455Expenses 2016: $21,285,296Net Income 2016: -$5,804,8412016Revenue 2017: $14,253,937Expenses 2017: $18,565,309Net Income 2017: -$4,311,3722017Revenue 2018: $12,404,748Expenses 2018: $14,857,887Net Income 2018: -$2,453,1392018Revenue 2019: $16,891,243Expenses 2019: $17,383,042Net Income 2019: -$491,7992019Revenue 2020: $16,993,076Expenses 2020: $15,573,084Net Income 2020: $1,419,9922020Revenue 2021: $40,652,171Expenses 2021: $14,780,195Net Income 2021: $25,871,9762021Revenue 2022: $18,509,447Expenses 2022: $17,420,954Net Income 2022: $1,088,4932022Revenue 2023: $12,211,135Expenses 2023: $16,119,083Net Income 2023: -$3,907,9482023Revenue 2024: $21,272,123Expenses 2024: $20,215,137Net Income 2024: $1,056,9862024

Highlighted filing

2017

Revenue$14,253,937
Expenses$18,565,309
Net Income-$4,311,372
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 17, 2018
Return Version
2016v3.0
Gross Receipts
$14,253,937
Mission and Program Overview

Mission

Wilberforce university is a historically black college and university and the primary mission is to engage, support, and assist students in identifying and preparing for their respective purposes in life as social change agents, social justice activists, entrepreneurs, thought-leaders and global citizens by imparting knowledge through rigorous intellectual inquiry and critical thinking. The mission is most effectively accomplished by instilling pride, discipline and inspiring life-long learning, personal and spiritual development and the practical application of the knowledge obtained, and the skills developed.

Wilberforce Universitys mission is to help our students identifty and prepare for their respective purposes in life as global citizens by imparting knowledge, instilling discipline, and inspiring lifelong learning through critical inquiry, personal, and spiritual development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,995,209$18,846,068▼ $1,149,141
Investments in Publicly Traded Securities$6,161,779$5,847,171▼ $314,608
Pledges and Grants Receivable$4,513,229$4,296,809▼ $216,420
Other Notes and Loans Receivable, Net$979,039$853,575▼ $125,464
Savings and Temporary Cash Investments$1,130,114$688,046▼ $442,068
Prepaid Expenses and Deferred Charges$456,875$434,031▼ $22,844
Cash and Non-Interest-Bearing Accounts$39,087$287,521▲ $248,434
Accounts Receivable$564,497$235,623▼ $328,874
Total Assets$33,896,519$31,557,130▼ $2,339,389
Other Assets Total$56,690$68,286▲ $11,596
Liabilities
Mortgage Notes Payable Secured by Investment Property$24,396,570$26,734,231▲ $2,337,661
Accounts Payable and Accrued Expenses$7,485,175$7,426,640▼ $58,535
Unsecured Notes Loans Payable$5,415,966$5,389,067▼ $26,899
Other Liabilities$995,223$950,946▼ $44,277
Deferred Revenue$459,838$528,443▲ $68,605
Total Liabilities$38,752,772$41,029,327▲ $2,276,555
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,988,528$7,534,231▼ $454,297
Permanently Rstr Net Assets$2,000,035$2,000,035→ $0
Unrestricted Net Assets$-14,844,816$-19,006,463▼ $4,161,647
Total Net Assets Fund Balance$-4,856,253$-9,472,197▼ $4,615,944
Total Liabilities and Net Assets / Fund Balance$33,896,519$31,557,130▼ $2,339,389

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,446,820$20,984,657$35,431,477
Equipment$2,601,637$9,485,991$12,087,628
Other Land Buildings$785,949-$785,949
Leasehold Improvements$693,253-$693,253
Land$318,409-$318,409
Other Assets Org$4,811--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$9,690,315$26,936▲ $196,722$1,541,543$8,372,430
2015$12,091,102$21,238▼ $23,585$2,398,440$9,690,315
2014$10,936,534$321,401▲ $935,277-$12,023,428
2013$10,450,906$118,552▲ $560,770-$10,936,534
2012$10,958,382$39,706-$310,179$10,450,906
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Algenia FreemanFormer President-$400,000-$400,000
Dr Herman J FeltonPresidentFT$210,000$400,000$210,000
Dr Elfred A PinkardProvost and VP Academic AffaiFT$128,000-$128,000
William Woodson JrVP of Administration and FinaFT$110,000-$110,000

Board Members and Trustees

NameTitle
Mark WilsonBoard Chairman
John TolbertAlumni President
John MillerVice Chair
Dr Deok NamFalculty Trustee
Col William R LeeTrustee Emerita
Dr Nelson Rivers IIITrustee Emerita
Floyd AlexanderTrustee Emerita
Jamyer Coleman-WilliamsTrustee Emertia
Bishop McKinley YoungChancellor
Adrienne TrimbleMember
Claudel PressaMember
Cynthia RoseberryMember
Dr Frank Emory JrMember
Dr Richard A LewisMember
Joe TurnerMember
Mary BoosalisMember
Paul MartinMember
Reginald BeanMember
Dr John NewmanMemeber
Rev Paul P MartinMemeber
Angela T RyeMmember

Highest Paid Contractors

ContractorServicesLocationCompensation
United HealthcareHeathcare Services9200 Worthington Rd, Westerville, OH 43082$458,600
Anthem Blue Cross Blue ShieldHealthcare SevicesPO Box 105673, Atlanta, GA 30348-5673$399,944
Bank Direct Capital FinanceFinanciing61 S Sendusky Street, Delaware, OH 43015$377,037
The Providence-DaytonStudent Occupancy3419 Clover Ridge Ct, Fairborn, OH 45324$355,040
ID Facility Resource GroupFaculity Mgt474 Windsor Park Dr, Dayton, OH 45459$327,891
Revenue and Support

Revenue Composition

Contributions and Grants
$4,440,203
Program Service Revenue
$9,774,542
Investment Income
$31,461
Other Revenue
$7,731
Change in Net Assets
$-4,311,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,595,193
Revenue Not Reported on Financial Statements
$1,658,744
Revenue Not Reported on Form 990
$-304,572
Other Revenue Adjustments
$1,658,744
Total Revenue per Audited Statements
$12,290,621
Total Revenue per Form 990
$14,253,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,098,924
Other Expenses$7,807,641
Grants and Similar Amounts Paid$1,658,744
Total Fundraising Expense$6,793
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,030,607$2,794,918-$7,825,525
Grants to Domestic Individuals$1,658,744--$1,658,744
Depreciation Depletion-$1,299,597-$1,299,597
Other Expenses$101,695$802,104-$903,799
Interest$19,931$787,029-$806,960
Other Employee Benefits$276,212$398,094-$674,306
Occupancy$482,510$77,265-$559,775
Insurance$115,702$403,033-$518,735
Payroll Taxes$284,469$207,560-$492,029
All Other Expenses$102,556$343,887-$446,443
Information Technology$512$370,441-$370,953
Fees for Services Other$14,463$313,454-$327,917
Travel$99,918$137,441-$237,359
Fees for Services Legal$1,110$232,644-$233,754
Fees for Service Investment Mgmnt Fees-$151,496-$151,496
Pension Plan Contributions$46,500$60,564-$107,064
Office Expenses$15,005$69,811-$84,816
Advertising--$6,793$6,793
Total Functional Expenses$8,619,564$9,938,952$6,793$18,565,309

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,565,309
Expenses per Audited Statements$16,906,565
Total Expenses per Audited Statements$16,906,565
Expenses Not Reported on Financial Statements$1,658,744
Other Expense Adjustments$1,658,744
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
US Government Loan Fund Refundable$921,260
Deposits Held on Behalf of Others$29,686
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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 governing body review Part VI line 11

The Universitys process to review the Form 990 includes the Board and Management reviewing a copy of the Form 990 prior to filing with the IRS. All activity is reconciled to University records and financial information reported during the fiscal period.

Conflict of interest policy compliance Part VI line 12C

The Board of Trustees has adopted rules for compliance with its conflict of interest policy. The oversight of the policy includes training and written documents to be signed by each employee and board member. Forms are reviewed annually.

CEO executive director top management comp Part VI line 15A

The Board of Trustees use compensation surveys, studies, and benchmarking with similar organizations to determine the salaries of the top management officials. The Board also consults with independent consultants on industry standards regarding compensation plans. The entire Board reviewsand approves the Presidents employment agreement, the compensation and benefit documents, responsibilities, and performance measures.

Other officer or key employee compensation Part VI line 15B

The Board of Trustees use compensation surveys, studies, and benchmarking with similar organizations to determine the salaries of key employees. The Board also consults with independent consultants on industry standards regarding compensation plans. The entire Board reviews and approves the Presidents employment agreement, the compensation and benefit documents, responsibilities, and performance measures.

Governing documents etc available to public Part VI line 19

Upon written request and a reasonable amount of time allotted, the Board makes organizational documents available to the public.

Filing and Contact Details

Filer

Filer Name
Wilberforce University
EIN
31-0604719
Address
1055 North Bickett Rd, Wilberforce, OH 45384-1001

Signing Officer

Name
William Woodson Jr
Title
VP Of Admin Fin
Signed
2018-05-17
Discuss with paid preparer
No

Organization Details

Principal Officer
Dr Herman J Felton
Formed
1856
Legal Domicile
Oh
Voting Board Members
20
Independent Board Members
20
Employees
247

Preparer

Firm
Seneca Financial Services
Address
PO Box 112178, Cincinnati, OH 45211
Preparer
Juma Reed CPA
Phone
5132908794
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Included in the other category of functional expenses includes period adjustment applied to the financial statments in the amount of $521,979.

Financial Statement Notes

Other revenues included on Form 990 (Part XI, line 4B)

Scholarship Discounts and Allowances - $1,658,744

Other expenses included on Form 990 (Part XII, line 4B)

Scholarship Discounts and Allowances - 1,658,744

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IRS990/Form990PartVIISectionAGrp/PersonNm2John Miller
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IRS990/Form990PartVIISectionAGrp/PersonNm4John Tolbert
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IRS990/Form990PartVIISectionAGrp/PersonNm7Mary Boosalis
IRS990/Form990PartVIISectionAGrp/PersonNm8Angela T Rye
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IRS990/Form990PartVIISectionAGrp/PersonNm12Paul Martin
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IRS990/Form990PartVIISectionAGrp/PersonNm14Rev Paul P Martin
IRS990/Form990PartVIISectionAGrp/PersonNm15Dr John Newman
IRS990/Form990PartVIISectionAGrp/PersonNm16Claudel Pressa
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IRS990/Form990PartVIISectionAGrp/PersonNm19Floyd Alexander
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IRS990/Form990PartVIISectionAGrp/PersonNm21William Woodson Jr
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IRS990/Form990PartVIISectionAGrp/PersonNm23Dr Elfred A Pinkard
IRS990/Form990PartVIISectionAGrp/PersonNm24Dr Algenia Freeman
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee Emerita
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee Emerita
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP of Administration and Fina
IRS990/Form990PartVIISectionAGrp/TitleTxt22President
IRS990/Form990PartVIISectionAGrp/TitleTxt23Provost and VP Academic Affai
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IRS990/MissionDesc0Wilberforce Universitys mission is to help our students identifty and prepare for their respective purposes in life as global citizens by imparting knowledge, instilling discipline, and inspiring lifelong learning through critical inquiry, personal, and spiritual development.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$30.3$17.8$12.5$21.3$20.2$1.06
2023Detailed filing. Detailed filing data is available for this year.$26.2$14.8$11.4$12.2$16.1$3.91
2022Detailed filing. Detailed filing data is available for this year.$28.5$13.2$15.3$18.5$17.4$1.09
2021Detailed filing. Detailed filing data is available for this year.$28.2$14.0$14.2$40.7$14.8$25.9
2020Detailed filing. Detailed filing data is available for this year.$28.5$39.5$11.0$17.0$15.6$1.42
2019Detailed filing. Detailed filing data is available for this year.$30.9$43.3$12.4$16.9$17.4$0.49
2018Detailed filing. Detailed filing data is available for this year.$30.1$42.0$11.9$12.4$14.9$2.45
2017Detailed filing. Detailed filing data is available for this year.$31.6$41.0$9.47$14.3$18.6$4.31
2016Detailed filing. Detailed filing data is available for this year.$33.9$38.8$4.86$15.5$21.3$5.80
2015Detailed filing. Detailed filing data is available for this year.$35.8$31.9$3.91$19.3$17.2$2.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.4$27.2$3.23$13.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$28.6$3.57$15.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.0$29.5$5.52$16.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.9$29.9$5.96$16.8