Civic Intelligence

Southeastern University Foundation Inc.

990EZ • Fiscal year 2017 • EIN 46-3844101

Jul 01, 2016 to Jun 30, 2017 • Filed on May 02, 2018

1000 Longfellow BlvdLakeland, FL 33801

(863) 667-5000

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

95th percentile

1.02x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

24th percentile

-9.8%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Assets

Down

$0

Down $71,872 (-100%) from 2016

Net Assets

Down

-$142,942

Down $13,755 (-11%) from 2016

Liabilities

Down

$142,942

Down $58,117 (-29%) from 2016

Revenue

Up

$140,502

Up $269,689 (+209%) from 2016

Expenses

Up

$154,257

Up $154,257 from 2016

Net Income

Up

-$13,755

Up $115,432 (+89%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $71,872Liabilities 2016: $201,059Net Assets 2016: -$129,1872016Assets 2017: $0Liabilities 2017: $142,942Net Assets 2017: -$142,9422017Assets 2018: $1Liabilities 2018: $142,9422018Assets 2019: $0Liabilities 2019: $142,942Net Assets 2019: -$142,9422019Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2017

Assets$0
Liabilities$142,942
Net Assets-$142,942

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: -$129,187Expenses 2016: $0Net Income 2016: -$129,1872016Revenue 2017: $140,502Expenses 2017: $154,257Net Income 2017: -$13,7552017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2017

Revenue$140,502
Expenses$154,257
Net Income-$13,755
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 2, 2018
Return Version
2016v3.0
Gross Receipts
$140,536
Mission and Program Overview

Mission

To promote the advancement of southeastern university and solicit, accept, hold and distribute property and funds the benefit of southeastern university and the education of its students.

To promote the advancement of southeastern university and solicit, accept, hold and distribute property and funds for the benefit of southeastern university and the education of its students.

Program Services

DescriptionGrantsExpenses
ADVANCEMENT - PROMOTING AN AWERENESS IN THE COMMUNITY AND FURTHERING THE AIMS AND PURPOSES OF SOUTHEASTERN UNIVERSITY AS AN INSTITUTION OF CHRISTIAN HIGHER EDUCATION. ALL ACTIVITIES CARRIED OUT BY AND RELATED TO SEU FOUNDATION WERE MOVED BACK TO THE CONTROL AND OPERATION OF SOUTHEASTERN UNIVERSITY DURING FISCAL YEAR 2016-2017. BY THE END OF THE FISCAL YEAR, SEU FOUNDATION WAS INACTIVE.$47,694$154,257
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER CLOSSHEYDirector, Chair-$0--
WILLIAM MUTZSecretary, Treasurer-$0--
DANA DAVISSecretary, Treasurer-$0--
BRIAN CARROLLTERMINATED IN 0117President/CEOPT$0--
KENT INGLEDirector-$0--
JEFFREY B SPEAR 0217 -0617Interim VP For Finance-$0--
Filing and Contact Details

Filer

Filer Name
Southeastern University Foundation Inc
EIN
46-3844101
Phone
8636675000
Address
1000 LONGFELLOW BLVD, LAKELAND, FL 33801

Signing Officer

Name
Jeffrey B Spear
Title
VP for Finance
Phone
8636675000
Signed
2018-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
420 SOUTH ORANGE AVENUE SUITE 500, ORLANDO, FL 32801
Preparer
Amy Chapman
Phone
4078021200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: gift. Grantee name: patterson publishing . Grantee address: 214 traders alley lakeland, fl 33801. Property description: advertising. Amount given: 8,865.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: gift. Grantee name: chartwells. Grantee address: 2924 knights lane e bldg 5 jacksonville, fl 32216. Property description: food . Amount given: 9,180.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: contribution. Grantee name: southeastern university . Grantee address: 1000 longfellow boulevard lakeland, fl 33801. Amount given: 29,110. Total included on form 990-ez, line 10: 47,155.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: honoraria. Amount: 43,327. Description: banquets and catering. Amount: 25,456. Description: hospitality. Amount: 19,624. Description: production expenses. Amount: 451. Description: credit card discount. Amount: 160. Description: bank charges. Amount: 627. Description: advertising. Amount: 1,552. Total to form 990-ez, line 16: 91,197.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to seu. Beg. Of year amount: 201,059. End of year amount: 142,942.

Raw XML Appendix187 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAKELAND
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0338016034
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IRS990EZ/OccupancyRentUtltsAndMaintAmt02452
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENNIFER CLOSSHEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM MUTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANA DAVIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRIAN CARROLLTERMINATED IN 0117
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KENT INGLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEFFREY B SPEAR 0217 -0617
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR, CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY, TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY, TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT/CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5INTERIM VP FOR FINANCE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt091197
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE ADVANCEMENT OF SOUTHEASTERN UNIVERSITY AND SOLICIT, ACCEPT, HOLD AND DISTRIBUTE PROPERTY AND FUNDS FOR THE BENEFIT OF SOUTHEASTERN UNIVERSITY AND THE EDUCATION OF ITS STUDENTS.
IRS990EZ/PrintingPublicationsPostageAmt06696
IRS990EZ/ProgramServiceRevenueAmt026052
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ADVANCEMENT - PROMOTING AN AWERENESS IN THE COMMUNITY AND FURTHERING THE AIMS AND PURPOSES OF SOUTHEASTERN UNIVERSITY AS AN INSTITUTION OF CHRISTIAN HIGHER EDUCATION. ALL ACTIVITIES CARRIED OUT BY AND RELATED TO SEU FOUNDATION WERE MOVED BACK TO THE CONTROL AND OPERATION OF SOUTHEASTERN UNIVERSITY DURING FISCAL YEAR 2016-2017. BY THE END OF THE FISCAL YEAR, SEU FOUNDATION WAS INACTIVE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt047694
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0154257
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0201059
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0142942
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0154257
IRS990EZ/TotalProgramServiceExpensesAmt0154257
IRS990EZ/TotalRevenueAmt0140502
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.SEU.EDU
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0590722789
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt029110
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SOUTHEASTERN UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt029110
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: GIFT. GRANTEE NAME: PATTERSON PUBLISHING . GRANTEE ADDRESS: 214 TRADERS ALLEY LAKELAND, FL 33801. PROPERTY DESCRIPTION: ADVERTISING. AMOUNT GIVEN: 8,865.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GIFT. GRANTEE NAME: CHARTWELLS. GRANTEE ADDRESS: 2924 KNIGHTS LANE E BLDG 5 JACKSONVILLE, FL 32216. PROPERTY DESCRIPTION: FOOD . AMOUNT GIVEN: 9,180.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: CONTRIBUTION. GRANTEE NAME: SOUTHEASTERN UNIVERSITY . GRANTEE ADDRESS: 1000 LONGFELLOW BOULEVARD LAKELAND, FL 33801. AMOUNT GIVEN: 29,110. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 47,155.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: HONORARIA. AMOUNT: 43,327. DESCRIPTION: BANQUETS AND CATERING. AMOUNT: 25,456. DESCRIPTION: HOSPITALITY. AMOUNT: 19,624. DESCRIPTION: PRODUCTION EXPENSES. AMOUNT: 451. DESCRIPTION: CREDIT CARD DISCOUNT. AMOUNT: 160. DESCRIPTION: BANK CHARGES. AMOUNT: 627. DESCRIPTION: ADVERTISING. AMOUNT: 1,552. TOTAL TO FORM 990-EZ, LINE 16: 91,197.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: DUE TO SEU. BEG. OF YEAR AMOUNT: 201,059. END OF YEAR AMOUNT: 142,942.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY B SPEAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP FOR FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum08636675000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHEASTERN UNIVERSITY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0463844101
ReturnHeader/Filer/PhoneNum08636675000
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 LONGFELLOW BLVD
ReturnHeader/Filer/USAddress/CityNm0LAKELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033801
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AB3B487CF876E6D678714254ABF4DA4E0998236E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C1D470E4C4FD0E6018A3BDA039B2AFA75AE02954
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02018-05-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:27:25
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0420 SOUTH ORANGE AVENUE SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORLANDO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032801
ReturnHeader/PreparerPersonGrp/PhoneNum04078021200
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY CHAPMAN
ReturnHeader/ReturnTs02018-05-04T09:27:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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