Civic Intelligence

Benedictine College

990 • Fiscal year 2016 • EIN 48-0777079

Jul 01, 2015 to Jun 30, 2016 • Filed on May 15, 2017

1020 N 2nd StAtchison, KS 66002

(913) 367-5340

Siviq Scores

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

Liabilities / Assets

58th percentile

0.40x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.72x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Net Margin

59th percentile

4.8%

Higher net margin than 59% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$463,717

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2016

Asset Growth

38th percentile

-0.3%

Faster asset growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Revenue Growth

50th percentile

2.8%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2015 to 2016

Assets

Down

$134,481,137

Down $432,450 (-0.3%) from 2015

Net Assets

Up

$80,820,355

Up $2,644,772 (+3.4%) from 2015

Liabilities

Down

$53,660,782

Down $3,077,222 (-5.4%) from 2015

Revenue

Up

$74,140,693

Up $2,042,718 (+2.8%) from 2015

Expenses

Up

$70,550,307

Up $4,383,510 (+6.6%) from 2015

Net Income

Down

$3,590,386

Down $2,340,792 (-39%) from 2015

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $86,836,952Liabilities 2010: $34,214,727Net Assets 2010: $52,622,2252010Assets 2011: $96,291,036Liabilities 2011: $35,374,049Net Assets 2011: $60,916,9872011Assets 2012: $113,266,461Liabilities 2012: $48,634,592Net Assets 2012: $64,631,8692012Assets 2013: $109,482,038Liabilities 2013: $43,833,176Net Assets 2013: $65,648,8622013Assets 2014: $130,125,989Liabilities 2014: $56,242,077Net Assets 2014: $73,883,9122014Assets 2015: $134,913,587Liabilities 2015: $56,738,004Net Assets 2015: $78,175,5832015Assets 2016: $134,481,137Liabilities 2016: $53,660,782Net Assets 2016: $80,820,3552016Assets 2018: $151,344,501Liabilities 2018: $66,270,332Net Assets 2018: $85,074,1692018Assets 2019: $149,777,151Liabilities 2019: $63,650,738Net Assets 2019: $86,126,4132019Assets 2020: $155,715,289Liabilities 2020: $66,213,280Net Assets 2020: $89,502,0092020Assets 2021: $163,686,664Liabilities 2021: $58,698,337Net Assets 2021: $104,988,3272021Assets 2022: $193,360,342Liabilities 2022: $66,381,409Net Assets 2022: $126,978,9332022

Highlighted filing

2016

Assets$134,481,137
Liabilities$53,660,782
Net Assets$80,820,355

Operations Trend

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

$150M$100M$50M$0Expenses 2010: $41,021,0972010Expenses 2011: $44,651,2392011Expenses 2012: $51,102,9802012Expenses 2013: $57,589,5212013Revenue 2014: $67,556,867Expenses 2014: $61,070,476Net Income 2014: $6,486,3912014Revenue 2015: $72,097,975Expenses 2015: $66,166,797Net Income 2015: $5,931,1782015Revenue 2016: $74,140,693Expenses 2016: $70,550,307Net Income 2016: $3,590,3862016Revenue 2018: $77,414,324Expenses 2018: $76,711,436Net Income 2018: $702,8882018Revenue 2019: $84,139,278Expenses 2019: $83,726,694Net Income 2019: $412,5842019Revenue 2020: $88,993,956Expenses 2020: $86,436,531Net Income 2020: $2,557,4252020Revenue 2021: $96,440,027Expenses 2021: $88,528,442Net Income 2021: $7,911,5852021Revenue 2022: $131,603,580Expenses 2022: $100,252,996Net Income 2022: $31,350,5842022

Highlighted filing

2016

Revenue$74,140,693
Expenses$70,550,307
Net Income$3,590,386
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$76,539,393
Mission and Program Overview

Mission

Benedictine college's mission as a catholic, benedictine, liberal arts, residential college is the education of men & women within a community of faith and scholarship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$84,987,982$85,841,574▲ $853,592
Investments in Publicly Traded Securities$29,226,255$29,413,595▲ $187,340
Savings and Temporary Cash Investments$9,042,435$6,259,101▼ $2,783,334
Pledges and Grants Receivable$4,429,512$5,305,088▲ $875,576
Investments Program Related$3,329,937$3,335,651▲ $5,714
Accounts Receivable$420,136$634,821▲ $214,685
Prepaid Expenses and Deferred Charges$290,159$486,029▲ $195,870
Inventories for Sale or Use$281,436$316,919▲ $35,483
Cash and Non-Interest-Bearing Accounts$529,643$191,871▼ $337,772
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$134,913,587$134,481,137▼ $432,450
Other Assets Total$2,376,092$2,696,488▲ $320,396
Liabilities
Tax Exempt Bond Liabilities$46,464,033$44,675,786▼ $1,788,247
Other Liabilities$4,240,318$4,271,224▲ $30,906
Accounts Payable and Accrued Expenses$3,908,891$2,759,769▼ $1,149,122
Deferred Revenue$2,124,762$1,954,003▼ $170,759
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$56,738,004$53,660,782▼ $3,077,222
Net Assets / Fund Balance
Unrestricted Net Assets$44,512,164$48,841,580▲ $4,329,416
Permanently Rstr Net Assets$19,448,002$21,321,914▲ $1,873,912
Temporarily Rstr Net Assets$14,215,417$10,656,861▼ $3,558,556
Total Net Assets Fund Balance$78,175,583$80,820,355▲ $2,644,772
Total Liabilities and Net Assets / Fund Balance$134,913,587$134,481,137▼ $432,450

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$80,723,061$46,510,426$127,233,487
Equipment$3,974,118$11,795,785$15,769,903
Land$1,144,395-$1,144,395

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$26,064,799$2,133,908▼ $1,188,756$0$25,926,648
2015$24,406,317$3,002,410▲ $76,281$5,057$26,064,799
2014$21,053,399$1,262,471▲ $2,910,812$4,902$24,406,317
2013$19,435,866$447,225▲ $1,922,225$3,992$21,053,398
2012$19,476,061$294,310▲ $368,235-$19,435,867
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen D MinnisPresidentFT$286,294$177,423$463,717
Ronald J OlingerTreasurer and CFOFT$149,318$34,695$184,013
Kimberly C ShankmanVice PresidentFT$125,065$33,113$158,178
Kelly VowelsVP of Institutional Adv.FT$129,866$19,231$149,097
Pete HelgesenDean of Enrollment ManagementFT$115,570$5,099$120,669
Kristie R ScholzAsst TreasurerFT$80,973$4,763$85,736

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Lawhon ConstructionConstruction-$4,152,347
Aramark ServicesFood Service-$3,581,875
Hundley Construction INCConstruction-$1,130,273
Mcanany Construction INCConstruction-$671,780
University Of North DakotaStudent Service-$352,566
Revenue and Support

Revenue Composition

Contributions and Grants
$10,046,168
Program Service Revenue
$63,457,065
Investment Income
$-205,023
Other Revenue
$842,483
All Other Contributions
$9,590,998
Change in Net Assets
$3,590,386

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Collectibles6$226,820Fair Market Value (FMV)
Securities Publicly Traded20$219,561Fair Market Value (FMV)
Other Non Cash Contri Table16$39,814Fair Market Value (FMV)
Other Non Cash Contri Table15$13,414Fair Market Value (FMV)
Food Inventory4$8,886Fair Market Value (FMV)
Clothing and Household Goods-$1,373Fair Market Value (FMV)
Total Noncash Contributions61$509,868-

Audited Revenue Reconciliation

Revenue per Audited Statements
$49,850,147
Revenue Not Reported on Financial Statements
$24,290,546
Revenue Not Reported on Form 990
$-1,490,559
Other Revenue Adjustments
$24,169,266
Total Revenue per Audited Statements
$48,359,588
Total Revenue per Form 990
$74,140,693
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,631,262
Grants and Similar Amounts Paid$24,162,863
Salaries, Compensation, and Employee Benefits$21,699,140
Total Fundraising Expense$1,643,346
Professional Fundraising Fees$57,042

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$24,048,110--$24,048,110
Other Salaries and Wages$13,067,405$1,877,216$768,073$15,712,694
Depreciation Depletion$5,763,861$829,067$22,934$6,615,862
Fees for Services Other$4,490,498$219,931$132,315$4,842,744
Other Employee Benefits$1,903,206$1,684,523$72,482$3,660,211
All Other Expenses$903,479$1,177,775$343,724$2,424,978
Interest$2,055,905--$2,055,905
Occupancy$1,234,413$271,316$59,819$1,565,548
Office Expenses$893,335$323,415$70,731$1,287,481
Payroll Taxes$858,031$165,738$51,541$1,075,310
Travel$922,371$46,545$26,560$995,476
Current Officers, Directors, Trustees, and Key Employees$144,527$700,440-$844,967
Other Expenses$810,146--$810,146
Information Technology$52,439$451,793-$504,232
Pension Plan Contributions$341,617$41,531$22,810$405,958
Insurance$241,077$57,489$12,685$311,251
Fees for Service Investment Mgmnt Fees-$121,280-$121,280
Advertising$11,325$82,094-$93,419
Conferences and Meetings$82,472$1,544$2,630$86,646
Fees for Services Legal-$76,907-$76,907
Fees for Services Accounting-$69,364-$69,364
Foreign Grants$63,683--$63,683
Fees for Services Professional Fundraising--$57,042$57,042
Grants to Domestic Orgs$51,070--$51,070
Total Functional Expenses$60,708,993$8,197,968$1,643,346$70,550,307

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$70,550,307
Expenses per Audited Statements$46,380,917
Total Expenses per Audited Statements$45,714,816
Expenses Not Reported on Financial Statements$24,169,390
Other Expense Adjustments$24,048,110
Expenses Not Reported on Form 990$-666,101
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
NAPA InstituteIrvine, CA501(c)3General Support$7,500
FocusGenesee, CO-General Support$5,600

International Summary

Spending
$1,081,643

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesEducation/Mission Trip--$759,575
Central America and the CaribbeanProgram ServicesEducation/Mission Trip--$125,735
South AmericaProgram ServicesEducation/Mission Trip--$56,696
East Asia and the PacificProgram Services---$46,821
Central America and the CaribbeanGrantmakingEducation/Mission Trip--$43,050
Sub-Saharan AfricaProgram Services---$19,271
Sub-Saharan AfricaGrantmakingEducation/Mission Trip--$18,623
North AmericaProgram ServicesEducation/Mission Trip--$6,095
South AsiaProgram Services---$3,767
South AmericaGrantmakingEducation/Mission Trip--$2,010
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$178,712
Fundraising Gross Income$120,652
Professional Fundraising Fees$57,042

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship Bal$500,453$83,331$46,229$37,102
Golf Tournament$58,336$26,945$19,171$7,774
Total Events$575,822$120,652$178,712$-58,060
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

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 Govt Loan Programs$3,151,400
Student Deposits$460,487
Asset Retirement Liability$426,854
Annuity & Trust Obligations$232,483

Bond Issues

BondIssuerIssuedIssue PricePurpose
CKansas Independent College Finance Authority2010-05-18$10,785,000SEE PART VI
DAtchison County Kansas2011-11-16$9,990,000SEE PART VI
DAtchison County Kansas2014-01-07$8,000,000SEE PART VI
BAtchison County Kansas2008-01-23$5,232,252SEE PART VI
BAtchison County Kansas2013-03-27$4,905,000SEE PART VI
AAtchison County Kansas2007-12-27$4,824,916SEE PART VI
CAtchison County Kansas2013-09-30$4,735,000SEE PART VI
AAtchison County Kansas2012-04-26$1,805,000SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$10,785,000$6,747,015$3,520,000$210,600
D$10,002,858$0$1,420,000$199,800
D$8,000,000$0$0$143,708
B$5,279,477$0$775,000$104,000
B$4,905,000$4,814,935$615,000$90,065
A$4,860,030$0$700,000$96,000
C$4,735,000$0$0$88,666
A$1,805,000$1,770,375$720,000$34,625

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Lene westerman and paul westerman have a family relationship as well as a business relationship.

Form 990, Part VI, Section A, Line 7A

The members of the corporation who are Class A members of the Board of Directors shall have the sole and exclusive power and authority to select and elect the successor to the elective Class A members of the Board of Directors in such fashion as they deem appropriate and shall present the successors for service on the Board. The members of the corporation who are Class B members of the Board of Directors shall have the sole and exclusive power and authority to select and elect the successors to the elective Class B members of the Board of Directors in such fashion as they deem appropriate and shall present the successors for service on the Board.

Form 990, Part VI, Section A, Line 7B

Subject to the limitations and provisions of the Articles of Incorporation and of the Bylaws with respect to the election of Directors, each member shall have one vote on all matters coming before the members. Any action by the members of the corporation, unless specifically set forth in the Articles of Incorporation of the corporation (the "Articles of Incorporation") or in the Bylaws, shall require an affirmative vote of a majority of the members of the corporation from each individual Class of Directors.

Form 990, Part VI, Section B, Line 11B

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions or concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications are made. The 990 is then provided to the finance committe board and the full board for review prior to filing.

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

At the time of hire or election (in the case of directors) and annually thereafter, the officers, directors, and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may arise. If a conflict arises, the officer, director, or key employee abstains from the vote of the conflicted position. An appropriate report shall be submitted to the executive board concerning any interest disclosed.

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

LINE 15A - THE ORGANIZATION'S PROCESS FOR DETERMINING PRESIDENT COMPENSATION BEGAN WITH THE BOARD REQUIRING A 5 YEAR REVIEW OF THE PRESIDENT'S SALARY AND A REVIEW FOR THE SAME PERIOD AT COLLEGES OF LIKE SIZES. ADDITIONALLY, THE BOARD REQUIRED A COMPREHENSIVE REVIEW OF HIS SALARY TO INCLUDE NON-TANGIBLE BENEFITS. THE ORGANIZATION'S PROCESS FOR DETERMINING PRESIDENT COMPENSATION BEGINS WITH AN INITIATIVE LEAD BY THE CHAIRMAN OF THE GOVERNING BOARD. THE CHAIRMAN COMPARES COMPENSATION AND SALARY DATA WITH OTHER ORGANIZATIONS OF A SIMILAR SIZE AND INDUSTRY. THE CHAIRMAN REVIEWS THE DATA AND MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS IN A CLOSED EXECUTIVE COMMITTEE MEETING WHERE THE COMPENSATION IS THEN VOTED UPON. LINE 15B - THE PRESIDENT CONDUCTS AN ANNUAL REVIEW OF OTHER OFFICER AND KEY EMPLOYEE'S COMPENSATION BASED ON COMPARABLE SALARY DATA OF OTHER ORGANIZATIONS OF SIMILAR SIZE AND INDUSTRY. This past year we conducted a salary analysis of all positions vetted against national data and adjusted regionally. We made adjustments to salaries as appropriate and we will continue to do this on an ongoing basis.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Benedictine College
EIN
48-0777079
In Care Of
% RONALD J OLINGER
Phone
9133675340
Address
1020 N 2ND ST, ATCHISON, KS 66002

Signing Officer

Name
Ronald J Olinger
Title
CFO
Phone
9133675340
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen D Minnis
Formed
1971
Legal Domicile
Ks
Voting Board Members
32
Independent Board Members
30
Employees
1,219
Volunteers
32

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Benedictine college is a catholic, benedictine, liberal arts, residential college. Our mission is to educate men and women within a community of faith and scholarship. Building a great catholic college requires a community-wide commitment to excellence. We dedicate ourselves to educating students to become leaders in the benedictine tradition, who will transform the world through their commitment to intellectual, personal and spiritual greatness.

Form 990, Part III, Line 4A

Benedictine college is a catholic, benedictine, liberal arts, residential college with a mission to educate men and women within a community of faith and scholarship. We have a vision to build one of the great catholic colleges in america, and attaining that vision requires a community-wide commitment to excellence. We dedicate ourselves to educating students to become leaders in the benedictine tradition, who will transform the world through their commitment to intellectual, personal and spiritual greatness. Benedictine college is located in atchison, kansas, on a 120-acre campus overlooking the missouri river, about 50 miles north of kansas city, missouri. There is a graduate programs satellite campus in roeland park, kansas, and international programs in florence, italy, and dublin, ireland. For the current academic year (2015-16), benedictine college is blessed to have the largest full-time undergraduate student body in its history with more than 1,925 students, nearly tripling benedictine college's enrollment from 20 years ago. The freshman class entering in 2015 had the highest average act score and highest average gpa in school history. The avergage gpa was the highest of any freshman class at any college or university in kansas. It is obvious that benedictine college is attracting both more students as well as the best and the brightest. Over 80% of undergraduate students live on campus in accordance with the college's strong residential tradition. To keep up with its growth, benedictine college has opened 11 new residence halls since the year 2000. Last year, the college opened the murphy recreation center, a new health and fitness facility with exercise machines, rooms for fitness and spinning classes, two basketball courts, and an indoor turfed field. In addition, renovation and expansion of the dining hall was completed last year and a new student success center was built. A new baseball stadium and a new softball facility opened a year ago. National surveys place benedictine's student life program highest in overall resident satisfaction and benedictine college's retention rate is consistently above 90%. Our athletes have excelled on the field as well as off, with 11 varsity sports teams receiving naia scholar team recognition and benedictine college being named a champions of character five star institution by the national association of intercollegiate athletics. Seventeen athletes were named naia daktronics scholar athletes. The women's basketball team men's and women's cross country teams and women's soccer team all won their heart of america athletic conference championships and went into national competition. The women's basketball team made it to the final four of the naia national tournament and the women's soccer team made it to the round of eight. In the area of academic excellence, benedictine is now one of the few catholic colleges in the nation offering abetaccredited programs in chemical, civil, electrical, and mechanical engineering and is the only catholic college to offer both engineering and architecture degrees. Also, several new majors have been added in recent years, including art, criminology, engineering physics, finance, international business, international studies, evangelization & catechesis and nursing. The college has now graduated the first five classes of benedictine engineers and nurses. Once again, all the nurses passed their exams and have jobs in the medical field and the engineers are highly sought. This year, benedictine college appeared in the top 15 colleges in the midwest in the annual u.s. News & world report rankings of america's best colleges. In addition, the cardinal newman society named benedictine college one of the top catholic colleges in the united states in its publication, the newman guide to choosing a catholic college. After an extensive national study, first things magazine also named benedictine college to its top 20. The school is ranked number 18 in the nat

Form 990, Part XI, Line 9

Increase in csv of life insurance $ 18,105 partnership income $(121,156) --------- $(103,051)

Financial Statement Notes

Schedule D, Part III, Line 4

Frederick hart's washington national cathedral collection is an impressive assemblage of sculptures that includes the bas-relief ex nihilo and the life-size castings of the biblical figures adam, st. Peter and st. Paul. In addition to these sculptures from the national cathedral in washington, dc, the artist is best known for his bronze sculptures of three soldiers for the national vietnam war memorial. Benedictine college is the only college to have these first castings available for viewing on a daily basis. Ex nihilo is on exhibit inside the ferrell academic center and the statues of adam, st. Peter and st. Paul are located in the heart of campus along the raven walk. An 8-foot bronze statue of the sacred heart of jesus was added this year in raven memorial park. The statue is by noted sculptor e. Spencer schubert, whose work also appears in the royals baseball hall of fame, kansas state university, and in the capital building for the state of missouri. Schubert modeled the face of sacred heart of jesus statue after the image on the shroud of turin. Fourteen folds in jesus robe represent the stations of the cross; three folds in the center represent the trinity. The presence of these pieces exposes our students and our campus visitors to some truly magnificent artwork, and is another illustration of our commitment to a broad liberal arts education. Other works on campus include a collection of bronze works by sculptor bill hopen in st. Scholastica plaza. This inlcudes the bronze statue of st. Scholastica, the bronze statue of nobel prize winner wangari maathai, the bronze gathering of a benedictine sister with two students, and the bas relief depicting the arrival of the sisters in atchison in 1863 that is on the faade of elizabeth hall. A separate bronze statue of st. Benedict, installed outside the haverty center, is by sculptor tim mispagel.

Schedule D, Part V, Line 4

The primary purpose of the endowment funds is to fund scholarships. The endowment funds are also used to fund business programs and general operations of the college.

Schedule D, Part X Line 2

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, Line 2D

Change in csv of life insurance $ 18,105 bookstore cogs $ 258,119 fundraising expenses $ 178,712 uncollectable contributions $ (1,102,932) ------------- $ (647,996)

Schedule D, Part XI Line 4B

Scholarships $ 24,048,110 partnership income $ 121,156 ------------ $ 24,169,266

Schedule D, Part XII, Line 2D

Bookstore cogs $ 258,119 fundraising expenses $ 178,712 uncollectable contributions $ (1,102,932) ------------- $ (666,101)

Schedule D, Part XII, Line 4B

Scholarships $ 24,048,110

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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/ContractorCompensationGrp/ContractorName/PersonNm0LAWHON CONSTRUCTION
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1ARAMARK SERVICES
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IRS990/ContractorCompensationGrp/ContractorName/PersonNm4UNIVERSITY OF NORTH DAKOTA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt360
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR/BOARD CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$193$66.4$127$132$100$31.4
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$164$58.7$105$96.4$88.5$7.91
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$156$66.2$89.5$89.0$86.4$2.56
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$150$63.7$86.1$84.1$83.7$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$151$66.3$85.1$77.4$76.7$0.70
2016Detailed filing. Detailed filing data is available for this year.$134$53.7$80.8$74.1$70.6$3.59
2015Detailed filing. Detailed filing data is available for this year.$135$56.7$78.2$72.1$66.2$5.93
2014Detailed filing. Detailed filing data is available for this year.$130$56.2$73.9$67.6$61.1$6.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$43.8$65.6$57.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$113$48.6$64.6$51.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.3$35.4$60.9$44.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.8$34.2$52.6$41.0