Civic Intelligence

Barclay College Association Inc.

990 • Fiscal year 2018 • EIN 48-0554341

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 09, 2019

607 N KingmanHaviland, KS 67059

(620) 862-5252

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.24x

Higher debt load relative to assets than 53% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.45x

Higher debt load relative to revenue than 66% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

78th percentile

20%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

21st percentile

$96,649

Higher top officer pay than 21% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

88th percentile

24%

Faster asset growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

50th percentile

4.1%

Faster revenue growth than 50% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$19,991,632

Up $3,908,092 (+24%) from 2017

Net Assets

Up

$15,200,280

Up $1,995,823 (+15%) from 2017

Liabilities

Up

$4,791,352

Up $1,912,269 (+66%) from 2017

Revenue

Up

$10,754,835

Up $426,013 (+4.1%) from 2017

Expenses

Down

$8,595,111

Down $72,707 (-0.8%) from 2017

Net Income

Up

$2,159,724

Up $498,720 (+30%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $6,041,196Liabilities 2011: $2,019,180Net Assets 2011: $4,022,0162011Assets 2012: $5,782,830Liabilities 2012: $1,514,096Net Assets 2012: $4,268,7342012Assets 2013: $6,810,049Liabilities 2013: $1,427,951Net Assets 2013: $5,382,0982013Assets 2016: $14,117,193Liabilities 2016: $2,572,883Net Assets 2016: $11,544,3102016Assets 2017: $16,083,540Liabilities 2017: $2,879,083Net Assets 2017: $13,204,4572017Assets 2018: $19,991,632Liabilities 2018: $4,791,352Net Assets 2018: $15,200,2802018Assets 2019: $19,379,735Liabilities 2019: $4,465,528Net Assets 2019: $14,914,2072019Assets 2020: $19,596,943Liabilities 2020: $5,083,086Net Assets 2020: $14,513,8572020Assets 2022: $18,667,056Liabilities 2022: $3,919,069Net Assets 2022: $14,747,9872022

Highlighted filing

2018

Assets$19,991,632
Liabilities$4,791,352
Net Assets$15,200,280

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,603,2482011Expenses 2012: $7,094,3582012Expenses 2013: $7,439,4922013Revenue 2016: $13,459,444Expenses 2016: $8,069,215Net Income 2016: $5,390,2292016Revenue 2017: $10,328,822Expenses 2017: $8,667,818Net Income 2017: $1,661,0042017Revenue 2018: $10,754,835Expenses 2018: $8,595,111Net Income 2018: $2,159,7242018Revenue 2019: $8,430,000Expenses 2019: $8,789,286Net Income 2019: -$359,2862019Revenue 2020: $8,418,254Expenses 2020: $8,708,377Net Income 2020: -$290,1232020Revenue 2022: $9,466,625Expenses 2022: $9,581,968Net Income 2022: -$115,3432022

Highlighted filing

2018

Revenue$10,754,835
Expenses$8,595,111
Net Income$2,159,724
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 9, 2019
Return Version
2017v2.3
Gross Receipts
$10,914,499
Mission and Program Overview

Mission

The mission of barclay college is to prepare students in a bible-centered environment for effective christian life, service, and leadership.

To prepare students in a bible-centered environment for effective christian life, service, and leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,656,877$12,563,339▲ $3,906,462
Investments in Publicly Traded Securities$1,382,409$5,191,321▲ $3,808,912
Loans From Officers Directors$504,267$671,224▲ $166,957
Pledges and Grants Receivable$322,297$502,211▲ $179,914
Accounts Receivable$21,677$266,994▲ $245,317
Cash and Non-Interest-Bearing Accounts$199,465$108,366▼ $91,099
Savings and Temporary Cash Investments-$23,715-
Inventories for Sale or Use$13,261$18,873▲ $5,612
Other Notes and Loans Receivable, Net$11,612$14,033▲ $2,421
Total Assets$16,083,540$19,991,632▲ $3,908,092
Other Assets Total$5,475,942$1,302,780▼ $4,173,162
Liabilities
Other Liabilities$1,381,753$3,829,199▲ $2,447,446
Accounts Payable and Accrued Expenses$694,940$152,530▼ $542,410
Deferred Revenue$298,123$138,399▼ $159,724
Total Liabilities$2,879,083$4,791,352▲ $1,912,269
Net Assets / Fund Balance
Unrestricted Net Assets$7,474,862$8,660,077▲ $1,185,215
Permanently Rstr Net Assets$3,328,037$5,030,381▲ $1,702,344
Temporarily Rstr Net Assets$2,401,558$1,509,822▼ $891,736
Total Net Assets Fund Balance$13,204,457$15,200,280▲ $1,995,823
Total Liabilities and Net Assets / Fund Balance$16,083,540$19,991,632▲ $3,908,092

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,882,645$1,874,984$13,757,629
Equipment$260,769$372,618$633,387
Land$419,925-$419,925
Other Assets Org$354,626--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$259,442$4,506,233▲ $30,668-$4,774,383
2017$250,014$11,021▲ $11,972-$259,422
2016$265,717-▲ $3,866-$250,014
2015$263,951$11,489▲ $3,324-$265,717
2014$242,523$425▲ $21,003-$263,951
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Royce FrazierPresidentFT$92,123$4,526$96,649
Lee AndersVP of Business ServicesFT$86,590$4,472$91,062

Board Members and Trustees

NameTitle
Dewayne BryanBoard Chair
Marjorie ThompsonBoard Vice Chair
Trent JacksBoard Secretary
Bill WellsTrustee
Carolyn TaylorTrustee
Dale JohnsonTrustee
David HickmanTrustee
David RobinsonTrustee
Dr Jim DayTrustee
Duane MorfordTrustee
Jon BridgesTrustee
Kathy WiebeTrustee
Keith WhitneyTrustee
Linda ClarksonTrustee
Marion SpatzTrustee
Richard CarlsonTrustee
Sheila HinshawTrustee
Stan StarkTrustee
Steve SlackTrustee
Thomas ShowalterTrustee
John LemmonsHonorary Member
John PlankHonorary Member
Paul RossHonorary Member
Sheldon CarpenterHonorary Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Crossland ConstructionContruction833 S EAST AVE, Columbus, KS 66725$4,497,132
Revenue and Support

Revenue Composition

Contributions and Grants
$5,859,185
Program Service Revenue
$4,902,118
Investment Income
$-51,684
Other Revenue
$45,216
All Other Contributions
$3,803,766
Change in Net Assets
$2,159,724

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,754,835
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-163,901
Total Revenue per Audited Statements
$10,590,934
Total Revenue per Form 990
$10,754,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,107,442
Salaries, Compensation, and Employee Benefits$2,640,829
Other Expenses$1,845,126
Total Fundraising Expense$63,497
Professional Fundraising Fees$1,714

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,107,442--$4,107,442
Other Salaries and Wages$1,673,928$522,148$58,016$2,254,092
Occupancy$304,860$97,453-$402,313
Other Employee Benefits$153,941$79,803-$233,744
Depreciation Depletion-$212,790-$212,790
Interest-$182,457-$182,457
Travel$135,549$41,993-$177,542
Payroll Taxes$97,194$55,799-$152,993
Fees for Services Other$78,908$16,659-$95,567
Advertising$13,410$57,429-$70,839
Information Technology$54,327$7,970-$62,297
Fees for Services Accounting-$39,273-$39,273
Other Expenses$35,284$580-$35,864
Office Expenses$3,634$23,239$2,582$29,455
Conferences and Meetings$14,104$2,333-$16,437
Fees for Service Investment Mgmnt Fees$710$13,250-$13,960
All Other Expenses$1,841$10,666$1,185$13,692
Fees for Services Professional Fundraising--$1,714$1,714
Total Functional Expenses$7,121,112$1,410,502$63,497$8,595,111

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,595,111
Total Expenses per Audited Statements$8,595,111
Total Expenses per Form 990$8,595,111
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,714
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
Trent JacksBoard Member and Vp at Haviland State BankCollege Has Loans and Accounts at the BankNo$1,138,865
Herb FrazierDIRECTOR OF ALUMNI RELATIONS; DAUGHTER WORKS AT HAVILAND TELEPHONE COMPANYMonthly Telephone ServiceNo$25,752
Royce FrazierPRESIDENT; SISTER WORKS AT HAVILAND TELEPHONE COMPANYMonthly Telephone ServiceNo$25,752
Justin KendallDIRECTOR OF ADMISSIONS; FATHER IS SHOP MANAGER AT FARMERS COOPVarious Transactions Throughout the Year With Farmers CoopNo$17,133

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$504,267$671,224▲ $166,957
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bonds and Notes Payable$3,757,941
Liabilities Under Trust Agreements$43,253
Annuities Payable$16,866
Amounts Held for Others Under Agency Transactions$11,139
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 family members
Yes
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
No
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

A copy of the 990 will be sent to board members and they will be asked to review the draft and provide feedback. The executive committee will then review the feedback and make recommendations.

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

The conflict of interest policy is monitored and compliance is enforced consistently by the college requiring each board member / trustee of committees to disclose any conflict of interests at the beginning of each committee meeting.

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

The board of directors determines the compensation of the president. All other salaries are approved by the president after being discussed with lee anders, who compares all salaries to peer institutions.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Barclay College
EIN
48-0554341
Phone
6208625252
Address
607 N KINGMAN, HAVILAND, KS 67059

Signing Officer

Name
Lee Anders
Title
VP Business Services
Phone
6208625252
Signed
2019-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Anders
Formed
1917
Legal Domicile
Ks
Voting Board Members
24
Independent Board Members
24
Employees
245
Volunteers
50

Preparer

Firm
Adams Brown Beran & Ball Chtd
Address
545 N WOODLAWN, WICHITA, KS 67208
Preparer
Vickie Dreiling
Phone
3166832067
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process from prior year has not changed.

Form 990 Part 1 Line 18

Barclay college 607 n kingman haviland, ks 67059 employer identification number: 48-0554341 for the year ending december 31, 2017 barclay college is making the de minimis safte harbor election under section 1.263(a)-1(f).

Financial Statement Notes

PART V, LINE 4:

The intended use of the organization's endowment funds depends on if the funds were designated for a specific purpose. If the funds were designated for a specific purpose, the funds are used for expenses in that area, for example: library endowment. All other endowment funds are used to generate funds for student scholarships.

PART X, LINE 2:

Management is of the opinion that there are no uncertain tax positions that would cause a material misstatement in the financial statements.

Raw XML AppendixShowing 400 of 740 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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