Civic Intelligence

Bluffton University

990 • Fiscal year 2020 • EIN 34-4428207

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 15, 2020

1 University DriveBluffton, OH 45817

(419) 358-3000

Siviq Scores

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

Liabilities / Assets

48th percentile

0.25x

Higher debt load relative to assets than 48% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.55x

Higher debt load relative to revenue than 57% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

25th percentile

-3.1%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$250,584

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

10th percentile

-5.5%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

3.3%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Down

$69,534,991

Down $4,037,832 (-5.5%) from 2019

Net Assets

Down

$51,806,978

Down $2,321,506 (-4.3%) from 2019

Liabilities

Down

$17,728,013

Down $1,716,326 (-8.8%) from 2019

Revenue

Up

$32,215,069

Up $1,020,597 (+3.3%) from 2019

Expenses

Up

$33,211,387

Up $1,118,327 (+3.5%) from 2019

Net Income

Down

-$996,318

Down $97,730 (-11%) from 2019

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $59,787,429Liabilities 2010: $16,390,044Net Assets 2010: $43,397,3852010Assets 2011: $66,184,153Liabilities 2011: $18,771,620Net Assets 2011: $47,412,5332011Assets 2012: $67,942,162Liabilities 2012: $20,112,218Net Assets 2012: $47,829,9442012Assets 2013: $71,432,661Liabilities 2013: $21,183,118Net Assets 2013: $50,249,5432013Assets 2014: $73,876,527Liabilities 2014: $20,008,143Net Assets 2014: $53,868,3842014Assets 2015: $72,891,290Liabilities 2015: $18,483,709Net Assets 2015: $54,407,5812015Assets 2016: $76,498,269Liabilities 2016: $21,600,598Net Assets 2016: $54,897,6712016Assets 2017: $75,930,916Liabilities 2017: $20,175,057Net Assets 2017: $55,755,8592017Assets 2018: $74,873,434Liabilities 2018: $19,305,065Net Assets 2018: $55,568,3692018Assets 2019: $73,572,823Liabilities 2019: $19,444,339Net Assets 2019: $54,128,4842019Assets 2020: $69,534,991Liabilities 2020: $17,728,013Net Assets 2020: $51,806,9782020Assets 2021: $71,670,890Liabilities 2021: $12,776,625Net Assets 2021: $58,894,2652021Assets 2022: $69,788,425Liabilities 2022: $12,827,684Net Assets 2022: $56,960,7412022Assets 2023: $70,341,410Liabilities 2023: $12,483,631Net Assets 2023: $57,857,7792023Assets 2024: $68,990,371Liabilities 2024: $11,076,322Net Assets 2024: $57,914,0492024

Highlighted filing

2020

Assets$69,534,991
Liabilities$17,728,013
Net Assets$51,806,978

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $32,205,3652010Expenses 2011: $33,717,0552011Expenses 2012: $34,366,9832012Expenses 2013: $34,231,3292013Revenue 2014: $35,406,109Expenses 2014: $35,280,999Net Income 2014: $125,1102014Revenue 2015: $36,187,551Expenses 2015: $35,588,207Net Income 2015: $599,3442015Revenue 2016: $37,096,783Expenses 2016: $35,072,647Net Income 2016: $2,024,1362016Revenue 2017: $34,495,059Expenses 2017: $34,696,841Net Income 2017: -$201,7822017Revenue 2018: $31,945,948Expenses 2018: $32,965,254Net Income 2018: -$1,019,3062018Revenue 2019: $31,194,472Expenses 2019: $32,093,060Net Income 2019: -$898,5882019Revenue 2020: $32,215,069Expenses 2020: $33,211,387Net Income 2020: -$996,3182020Revenue 2021: $35,892,755Expenses 2021: $32,827,947Net Income 2021: $3,064,8082021Revenue 2022: $35,656,349Expenses 2022: $35,042,150Net Income 2022: $614,1992022Revenue 2023: $34,325,772Expenses 2023: $34,386,403Net Income 2023: -$60,6312023Revenue 2024: $33,942,437Expenses 2024: $34,892,700Net Income 2024: -$950,2632024

Highlighted filing

2020

Revenue$32,215,069
Expenses$33,211,387
Net Income-$996,318
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 15, 2020
Return Version
2019v5.1
Gross Receipts
$32,916,304
Mission and Program Overview

Mission

Shaped by the historic peace church tradition and nourished by a desire for excellence in all phases of its programs, bluffton university seeks to prepare students of all backgrounds for life as well as vocation, for responsible citizenship, for service to all peoples and, ultimately, for the purpose of god's universal kingdom.

The university seeks to prepare students of all backgrounds for life and vocation, responsible citizenship, service to all people & ultimately for the purposes of god's kingdom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$35,388,514$33,470,568▼ $1,917,946
Investments in Publicly Traded Securities$13,332,135$12,865,359▼ $466,776
Savings and Temporary Cash Investments$10,867,139$10,384,004▼ $483,135
Prepaid Expenses and Deferred Charges$1,776,420$2,337,863▲ $561,443
Pledges and Grants Receivable$2,396,036$1,852,173▼ $543,863
Other Notes and Loans Receivable, Net$1,707,287$1,528,837▼ $178,450
Accounts Receivable$784,527$586,180▼ $198,347
Inventories for Sale or Use$40,142$10,583▼ $29,559
Cash and Non-Interest-Bearing Accounts$5,000$5,000→ $0
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
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$73,572,823$69,534,991▼ $4,037,832
Other Assets Total$7,275,623$6,494,424▼ $781,199
Liabilities
Tax Exempt Bond Liabilities$9,319,881$8,823,818▼ $496,063
Other Liabilities$2,193,995$4,996,919▲ $2,802,924
Accounts Payable and Accrued Expenses$2,645,988$2,712,174▲ $66,186
Mortgage Notes Payable Secured by Investment Property$5,284,475$1,195,102▼ $4,089,373
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$19,444,339$17,728,013▼ $1,716,326
Net Assets / Fund Balance
Net Assets With Donor Restrictions$34,903,149$34,188,217▼ $714,932
Net Assets Without Donor Restrictions$19,225,335$17,618,761▼ $1,606,574
Total Net Assets Fund Balance$54,128,484$51,806,978▼ $2,321,506
Total Liabilities and Net Assets / Fund Balance$73,572,823$69,534,991▼ $4,037,832

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,420,846$32,355,009$60,775,855
Equipment$3,110,780$16,740,572$19,851,352
Other Land Buildings$1,370,901-$1,370,901
Land$568,041-$568,041
Other Assets Org$4,464,526--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$23,136,427$705,718▼ $453,526$780,459$21,905,880
2018$25,253,518$487,333▲ $771,500-$23,136,427
2017$24,237,362$364,245▲ $1,350,826-$25,253,518
2016$22,641,748$342,918▲ $2,068,610-$24,237,362
2015$23,113,645$562,325▼ $320,034-$22,641,748
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jane WoodPresidentFT$209,027$41,557$250,584
Hans HoushowerVP AdvancementFT$100,264$8,597$108,861
Lamar NislyVP Academic AffairsFT$89,751$16,463$106,214
Robin BowlusVP Enrollment Mgmt & MarketingFT$88,542$4,193$92,735
Phillip TalaviniaInterim VP Student LifeFT$74,533$9,588$84,121
Kevin NickelVP Fiscal AffairsFT$55,792$6,023$61,815

Board Members and Trustees

NameTitle
Alysa ShortBoard Member
Cheryl HackerBoard Member
Douglas LuginbillBoard Member
Ernest ThomasBoard Member
Gregory WannemacherBoard Member
Hannah HeinzekehrBoard Member
Heather ReichenbachBoard Member
James AmstutzBoard Member
James SommerBoard Member
Jane RoeschleyBoard Member
Joseph ReckerBoard Member
Kent YoderBoard Member
Kerry StrayerBoard Member
Lawrence MilanBoard Member
Luke ShippBoard Member
Mitchell KingsleyBoard Member
Timothy StriedBoard Member
Arthur WoodruffVP of Finance (started 01/20)

Highest Paid Contractors

ContractorServicesLocationCompensation
Sodexo And AffiliatesFood Services3000 N MERIDIAN ST, Indianapolis, IN 46208$1,588,317
Tree Of Life Bookstores LLCTextbooks1500 SOUTH, Marion, IN 46953$306,739
Servicemaster At Your ServiceCleaning Services2150 BATY RD, Lima, OH 45807$157,412
Ruffalo Noel LevitzRecruiting ServicesPO BOX 718, De Moines, IA 50303$145,688
Bkd LLPAuditing Services200 E MAIN ST SUITE 700, Fort Wayne, IN 46802$126,375
Revenue and Support

Revenue Composition

Contributions and Grants
$4,286,882
Program Service Revenue
$27,239,628
Investment Income
$658,951
Other Revenue
$29,608
All Other Contributions
$4,151,345
Change in Net Assets
$-996,318

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$102,347Fair Market Value (FMV)
Total Noncash Contributions7$102,347-

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,254,880
Revenue Not Reported on Financial Statements
$12,960,189
Revenue Not Reported on Form 990
$-55,676
Other Revenue Adjustments
$12,960,189
Total Revenue per Audited Statements
$19,199,204
Total Revenue per Form 990
$32,215,069
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,960,189
Other Expenses$10,767,740
Salaries, Compensation, and Employee Benefits$9,483,458
Total Fundraising Expense$971,737
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$12,960,189--$12,960,189
Other Salaries and Wages$5,246,449$585,656$334,088$6,166,193
Depreciation Depletion$2,222,228$232,356$105,636$2,560,220
Other Employee Benefits$1,515,706$176,289$130,834$1,822,829
Occupancy$1,440,092$189,480$86,143$1,715,715
Fees for Services Other$1,214,391$126,976$48,508$1,389,875
Office Expenses$795,745$83,203$37,827$916,775
Current Officers, Directors, Trustees, and Key Employees$611,248$63,912$29,056$704,216
Payroll Taxes$425,604$65,490$37,974$529,068
Interest$459,393--$459,393
Travel$350,571$36,656$16,665$403,892
Other Expenses$333,609$34,882$15,858$384,349
Insurance$302,104$31,588$14,361$348,053
Pension Plan Contributions$210,081$39,144$11,927$261,152
Information Technology$163,581$17,104$7,776$188,461
Fees for Services Accounting-$85,200-$85,200
Conferences and Meetings$64,601$6,755$3,071$74,427
Advertising$44,618$4,665$2,121$51,404
Fees for Services Legal-$11,289-$11,289
Total Functional Expenses$30,251,277$1,988,373$971,737$33,211,387

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$33,211,387
Total Expenses per Audited Statements$20,632,498
Expenses per Audited Statements$20,251,198
Expenses Not Reported on Financial Statements$12,960,189
Other Expense Adjustments$12,960,189
Expenses Not Reported on Form 990$381,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,219
Fundraising Gross Income$4,970
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Substantial ContributorSubstantial ContributorFood ServicesNo$1,588,317

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
Refundable Advance$1,980,480
Federal Advances for Students$1,451,368
Deposits & Prepaid Fees$1,277,316
Interest Rate Swap Agreements$287,755

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCounty of Putnam Ohio2015-12-28$8,024,700Economic development facilities re
ACounty of Putnam Ohio2016-01-13$3,031,400Economic development facilities re

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$8,024,700$0$894,383$124,700
A$3,031,400$0$1,337,899$31,400

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
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Section B, Line 11B

Form 990 is thoroughly reviewed by the organization's vice president of fiscal affairs and the business manager. Form 990 is also reviewed by an independent accounting firm. Prior to filing, the governing body was provided a complete copy of the 990 with the exception of the names and addresses in the contributor's listing.

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

A questionnaire is sent out annually to all officers, directors or trustees, and key employees to disclose personal and business relationships. The questionnaires are reviewed annually by the president of the university. If a conflict exists restrictions will be imposed on persons with a conflict such as prohibiting them from participating in the governing body's deliberations and decisions in the related transactions.

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

The president and the officers send a request to the board of directors. The board reviews the request while taking into account the university budget and the compensation figures of comparable not-for-profit colleges and universities. Ultimate approval rests with the board.

Form 990, Part VI, Section C, Line 19

Bluffton university keeps copies of their governing documents, conflict of interest policy, and financial statements on site and are available upon request.

Filing and Contact Details

Filer

Filer Name
Bluffton University
EIN
34-4428207
In Care Of
% JANEAN SHANNON
Phone
4193583000
Address
1 UNIVERSITY DRIVE, BLUFFTON, OH 45817

Signing Officer

Name
Arthur Woodruff
Title
VP of Finance
Phone
4193583000
Signed
2020-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Jane M Wood
Formed
1899
Legal Domicile
Oh
Voting Board Members
17
Independent Board Members
17
Employees
747
Volunteers
17

Preparer

Firm
Bkd Llp
Address
200 E Main St Suite 700, Fort Wayne, IN 46802
Preparer
Anne E White
Phone
2604604000
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Change in value of split-interest agreements $(707,605) change in fair value of derivative contracts $(180,607) total $(881,212)

Financial Statement Notes

Schedule D, Part III, Line 4

Bluffton university capitalizes contributions of art and similar assets when received. These collections are held for the education of the bluffton community.

Schedule D, Part V, Line 4

The university's endowment fund is designated for scholarships, future capital expansion, and maintenance of current facilities.

Schedule D, Asc 740 Footnote

Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI & Part XII

Line 2d fundrasing expense $ 9,219 cost of goods sold $ 372,081 total $ 381,300 line 4b student financial aid $12,960,189

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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/Desc0BLUFFTON UNIVERSITY PROVIDES AN EDUCATIONAL EXPERIENCE THAT PROMOTES OUR FOUR ENDURING VALUES OF DISCOVERY, COMMUNITY, RESPECT AND SERVICE. ONE CAN CHOOSE FROM 45 MAJORS AND MORE THAN 43 MINORS. BUSINESS ADMINISTRATION, EDUCATION, SPORT MANAGEMENT, AND NUTRITION AND DIETETICS ARE AMONG OUR LARGEST MAJORS. WE ALSO OFFER GRADUATE PROGRAMS IN EDUCATION AND BUSINESS. OUR STUDENT AID PROGRAM SERVED 731 STUDENTS AND ALLOWS THE INSTITUTION TO PROVIDE AN EDUCATION THAT HELPS STUDENTS FIND THEIR GREATER PURPOSE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VP ACADEMIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP ENROLLMENT MGMT & MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt4INTERIM VP STUDENT LIFE
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP FISCAL AFFAIRS
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IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.0$11.1$57.9$33.9$34.9$0.95
2023Detailed filing. Detailed filing data is available for this year.$70.3$12.5$57.9$34.3$34.4$0.06
2022Detailed filing. Detailed filing data is available for this year.$69.8$12.8$57.0$35.7$35.0$0.61
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.7$12.8$58.9$35.9$32.8$3.06
2020Detailed filing. Detailed filing data is available for this year.$69.5$17.7$51.8$32.2$33.2$1.00
2019Detailed filing. Detailed filing data is available for this year.$73.6$19.4$54.1$31.2$32.1$0.90
2018Detailed filing. Detailed filing data is available for this year.$74.9$19.3$55.6$31.9$33.0$1.02
2017Detailed filing. Detailed filing data is available for this year.$75.9$20.2$55.8$34.5$34.7$0.20
2016Detailed filing. Detailed filing data is available for this year.$76.5$21.6$54.9$37.1$35.1$2.02
2015Detailed filing. Detailed filing data is available for this year.$72.9$18.5$54.4$36.2$35.6$0.60
2014Detailed filing. Detailed filing data is available for this year.$73.9$20.0$53.9$35.4$35.3$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$71.4$21.2$50.2$34.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$67.9$20.1$47.8$34.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.2$18.8$47.4$33.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.8$16.4$43.4$32.2