Civic Intelligence

Rochester Christian University

990 • Fiscal year 2020 • EIN 38-1619831

Jun 01, 2019 to May 31, 2020 • Filed on Dec 02, 2020

800 West Avon RoadRochester Hills, MI 48307

(248) 218-2059

Siviq Scores

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

Liabilities / Assets

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

79th percentile

1.01x

Higher debt load relative to revenue than 79% of similar nonprofits.

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

Net Margin

55th percentile

6.1%

Higher net margin than 55% of similar nonprofits.

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

Top Officer Pay

59th percentile

$200,189

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

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

Asset Growth

29th percentile

0.6%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

56th percentile

4.9%

Faster revenue growth than 56% of similar nonprofits.

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

Assets

Up

$24,135,084

Up $155,383 (+0.6%) from 2019

Net Assets

Up

$2,234,398

Up $1,313,336 (+143%) from 2019

Liabilities

Down

$21,900,686

Down $1,157,953 (-5.0%) from 2019

Revenue

Up

$21,613,111

Up $1,012,519 (+4.9%) from 2019

Expenses

Up

$20,299,775

Up $542,021 (+2.7%) from 2019

Net Income

Up

$1,313,336

Up $470,498 (+56%) from 2019

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0-$10MAssets 2010: $21,233,461Liabilities 2010: $26,259,659Net Assets 2010: -$5,026,1982010Assets 2011: $20,625,232Liabilities 2011: $25,379,818Net Assets 2011: -$4,754,5862011Assets 2012: $20,692,551Liabilities 2012: $25,141,134Net Assets 2012: -$4,448,5832012Assets 2013: $20,342,340Liabilities 2013: $25,052,871Net Assets 2013: -$4,710,5312013Assets 2015: $18,930,770Liabilities 2015: $23,780,661Net Assets 2015: -$4,849,8912015Assets 2016: $18,544,143Liabilities 2016: $22,972,051Net Assets 2016: -$4,427,9082016Assets 2017: $23,041,993Liabilities 2017: $23,495,948Net Assets 2017: -$453,9552017Assets 2018: $23,244,562Liabilities 2018: $23,166,338Net Assets 2018: $78,2242018Assets 2019: $23,979,701Liabilities 2019: $23,058,639Net Assets 2019: $921,0622019Assets 2020: $24,135,084Liabilities 2020: $21,900,686Net Assets 2020: $2,234,3982020Assets 2021: $26,485,337Liabilities 2021: $21,403,455Net Assets 2021: $5,081,8822021Assets 2022: $30,295,150Liabilities 2022: $22,746,691Net Assets 2022: $7,548,4592022Assets 2023: $30,220,199Liabilities 2023: $22,575,691Net Assets 2023: $7,644,5082023Assets 2024: $29,278,323Liabilities 2024: $22,543,045Net Assets 2024: $6,735,2782024Assets 2025: $30,669,889Liabilities 2025: $23,008,644Net Assets 2025: $7,661,2452025

Highlighted filing

2020

Assets$24,135,084
Liabilities$21,900,686
Net Assets$2,234,398

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $15,376,6192010Expenses 2011: $16,307,1202011Expenses 2012: $16,760,1162012Revenue 2013: $17,482,036Expenses 2013: $17,743,984Net Income 2013: -$261,9482013Revenue 2015: $18,530,429Expenses 2015: $17,868,501Net Income 2015: $661,9282015Revenue 2016: $18,803,463Expenses 2016: $18,381,480Net Income 2016: $421,9832016Revenue 2017: $22,630,665Expenses 2017: $18,656,712Net Income 2017: $3,973,9532017Revenue 2018: $20,433,806Expenses 2018: $19,901,627Net Income 2018: $532,1792018Revenue 2019: $20,600,592Expenses 2019: $19,757,754Net Income 2019: $842,8382019Revenue 2020: $21,613,111Expenses 2020: $20,299,775Net Income 2020: $1,313,3362020Revenue 2021: $24,776,637Expenses 2021: $21,929,153Net Income 2021: $2,847,4842021Revenue 2022: $26,657,175Expenses 2022: $24,190,598Net Income 2022: $2,466,5772022Revenue 2023: $25,001,276Expenses 2023: $24,905,227Net Income 2023: $96,0492023Revenue 2024: $24,706,320Expenses 2024: $25,615,550Net Income 2024: -$909,2302024Revenue 2025: $26,638,521Expenses 2025: $25,712,554Net Income 2025: $925,9672025

Highlighted filing

2020

Revenue$21,613,111
Expenses$20,299,775
Net Income$1,313,336
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Dec 2, 2020
Return Version
2019v5.1
Gross Receipts
$21,619,636
Mission and Program Overview

Mission

Educationthe mission of rochester university is to prepare students for professional and personal success as they serve in gods world

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,929,935$18,872,480▼ $57,455
Cash and Non-Interest-Bearing Accounts$2,126,686$1,998,187▼ $128,499
Savings and Temporary Cash Investments$1,312,301$1,319,795▲ $7,494
Accounts Receivable$1,022,040$1,229,169▲ $207,129
Pledges and Grants Receivable$262,972$443,779▲ $180,807
Prepaid Expenses and Deferred Charges$313,168$251,555▼ $61,613
Inventories for Sale or Use$5,288$19,243▲ $13,955
Other Notes and Loans Receivable, Net$7,311$876▼ $6,435
Total Assets$23,979,701$24,135,084▲ $155,383
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,030,080$20,625,574▼ $404,506
Deferred Revenue$665,331$850,004▲ $184,673
Other Liabilities$355,626$218,891▼ $136,735
Accounts Payable and Accrued Expenses$1,007,602$206,217▼ $801,385
Total Liabilities$23,058,639$21,900,686▼ $1,157,953
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,888,737$2,908,981▲ $20,244
Net Assets Without Donor Restrictions$-1,967,675$-674,583▲ $1,293,092
Total Net Assets Fund Balance$921,062$2,234,398▲ $1,313,336
Total Liabilities and Net Assets / Fund Balance$23,979,701$24,135,084▲ $155,383

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,770,623$11,984,404-
Other Land Buildings$109,909--
Land$341,576--
Equipment$650,372$2,558,942-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$2,888,737$11,980▲ $8,264-$2,908,981
2019$2,859,081$13,275▲ $16,381-$2,888,737
2018$2,824,934$21,123▲ $13,024-$2,859,081
2017$2,800,642$20,760▲ $3,532-$2,824,934
2016$2,793,010$4,008▲ $3,624-$2,800,642
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian StognerPresidentFT$176,406$23,783$200,189
Thomas RellingerExecutive VP of Rochester COLFT$116,021$46,121$162,142
Thomas RellingerExecutive VP of Rochester College-$116,021$46,121$162,142
Klint PleasantSR VP - Athletic DirectorFT$72,699$74,186$146,885
Remy BruderProvostFT$107,607$15,943$123,550
Scott SamuelsVP EnrollmentFT$110,916$744$111,660

Board Members and Trustees

NameTitle
Joe F AlexanderBoard Chairperson
Mark IdeChair Audit Committee
Richard WatsonVice Chairperson
Arther PopeDirector
Connie GrahamDirector
Corrin BarnettDirector
Duane HarrisonDirector
Gary B ByramDirector
James RandolphDirector
Lajuana GillDirector
Robert ChambersDirector
William AndersonDirector
Robert ClarkeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,305,128
Program Service Revenue
$18,090,036
Investment Income
$163,839
Other Revenue
$54,108
All Other Contributions
$1,121,376
Change in Net Assets
$1,313,336
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,317,692
Grants and Similar Amounts Paid$6,385,317
Other Expenses$5,596,766
Total Fundraising Expense$811,989
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,935,036$1,341,363$379,638$6,656,037
Grants to Domestic Individuals$6,385,317--$6,385,317
All Other Expenses$707,860$16,003$289,187$1,013,050
Interest$541,752$418,399-$960,151
Depreciation Depletion$530,120$388,791-$918,911
Other Employee Benefits$477,059$117,716$24,782$619,557
Current Officers, Directors, Trustees, and Key Employees$583,649--$583,649
Payroll Taxes$351,613$77,233$29,603$458,449
Office Expenses$324,243$46,192$28,656$399,091
Advertising$323,458-$7,161$330,619
Occupancy$210,960$73,583$21,615$306,158
Travel$250,353$23,885$9,292$283,530
Other Expenses$265,390$25,088$15,330$280,720
Insurance$119,672$39,777$6,725$166,174
Fees for Services Accounting-$45,735-$45,735
Fees for Services Legal-$21,357-$21,357
Total Functional Expenses$16,848,814$2,638,972$811,989$20,299,775
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$6,525
Fundraising Gross Income$6,525
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$25,120$6,525-$6,525
Total Events$25,120$6,525$6,525-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$124,260
Student Deposits$94,631

Bond Issues

BondIssuerIssuedIssue PricePurpose
AEDC of Oakland County2017-12-14$14,700,000To refund prior issue

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$14,700,000$14,525,245-$174,755

Bond Financing Compliance

Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
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
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Organizational document changes Part VI line 4

Name change from Rochester College to Rochester University.

Form 990 governing body review Part VI line 11

The 990 is reviewed by the Chairman of the Audit Committee prior to being filed.

Conflict of interest policy compliance Part VI line 12C

Annual disclosure is required and reviewed at the board level.

CEO executive director top management comp Part VI line 15A

An Independent contractor has done comparability studies by comparable positions/organizations of same size.

Other officer or key employee compensation Part VI line 15B

An independent contractor has done comparability studies by comparable positions/organizations of same size.

Governing documents etc available to public Part VI line 19

Request for information would be reviewed and made available upon request.

Filing and Contact Details

Filer

Filer Name
Rochester University
EIN
38-1619831
Address
800 West Avon Road, Rochester Hills, MI 48307

Signing Officer

Name
Thomas Rellinger
Title
Exec VP Rochest
Phone
2482182014
Signed
2020-12-02

Organization Details

Formed
1959
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
412
Volunteers
13
Supplemental Narrative

Financial Statement Notes

Not reporting collections (Part III, line 1A)

The collection maintains a donated historical exhibit in the library

Collections descriptions (Part III, line 4)

Rochester University displays the exhibit regarding history of the Church of Christ. Our school mission statement includes the feference to our Christian heritage which the display provides further historical details.

Endowment funds intended uses (Part V, line 4)

The interest from the endowment ios used to provide student scholarships.

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

Pt XII Line 4b Scholarship allowance shown as net revenuePt XII Line 4b Change in value of split interest shown as expense

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

Pt XIII Line 4b Scholarship allowance shown as net revenuePt XIII Line 4b change in value of split interest shown as expense

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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Chair Audit Committee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13SR VP - Athletic Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive VP of Rochester Col
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IRS990/Form990PartVIISectionAGrp/TitleTxt17VP Enrollment
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION & FEES
IRS990/ProgramServiceRevenueGrp/Desc1ROOM & BOARD
IRS990/ProgramServiceRevenueGrp/Desc2CAMPUS STOREARENA SALE
IRS990/ProgramServiceRevenueGrp/Desc3COMMUNITY SERVICE
IRS990/ProgramServiceRevenueGrp/Desc4OTHER INCOME
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$30.7$23.0$7.66$26.6$25.7$0.93
2024Detailed filing. Detailed filing data is available for this year.$29.3$22.5$6.74$24.7$25.6$0.91
2023Detailed filing. Detailed filing data is available for this year.$30.2$22.6$7.64$25.0$24.9$0.10
2022Detailed filing. Detailed filing data is available for this year.$30.3$22.7$7.55$26.7$24.2$2.47
2021Detailed filing. Detailed filing data is available for this year.$26.5$21.4$5.08$24.8$21.9$2.85
2020Detailed filing. Detailed filing data is available for this year.$24.1$21.9$2.23$21.6$20.3$1.31
2019Detailed filing. Detailed filing data is available for this year.$24.0$23.1$0.92$20.6$19.8$0.84
2018Detailed filing. Detailed filing data is available for this year.$23.2$23.2$0.08$20.4$19.9$0.53
2017Detailed filing. Detailed filing data is available for this year.$23.0$23.5$0.45$22.6$18.7$3.97
2016Detailed filing. Detailed filing data is available for this year.$18.5$23.0$4.43$18.8$18.4$0.42
2015Detailed filing. Detailed filing data is available for this year.$18.9$23.8$4.85$18.5$17.9$0.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$25.1$4.71$17.5$17.7$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$25.1$4.45$16.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.6$25.4$4.75$16.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$26.3$5.03$15.4