Civic Intelligence

Bluefield University

EIN 54-0568200 • 501(c)3 • Bluefield, VA

Profile

To offer a challenging christ-centered liberal arts experience and co-curricular programs that transform students' lives by integrating liberal arts with career-oriented studies and service to god & the world.

3000 College AvenueBluefield, VA 24605

www.bluefield.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

76th percentile

0.55x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.64x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

18th percentile

-8.0%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

34th percentile

$202,938

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

25th percentile

-1.2%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

8.9%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$32,589,898

Down $381,720 (-1.2%) from 2023

Liabilities

Up

$18,050,426

Up $2,224,217 (+14%) from 2023

Net Assets

Down

$14,539,472

Down $2,605,937 (-15%) from 2023

Revenue

Up

$28,205,758

Up $2,297,706 (+8.9%) from 2023

Expenses

Up

$30,451,382

Up $3,310,653 (+12%) from 2023

Net Income

Down

-$2,245,624

Down $1,012,947 (-82%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $17,924,557Liabilities 2011: $8,219,728Net Assets 2011: $9,704,8292011Assets 2012: $19,119,449Liabilities 2012: $8,275,562Net Assets 2012: $10,843,8872012Assets 2013: $20,019,439Liabilities 2013: $8,228,636Net Assets 2013: $11,790,8032013Assets 2014: $22,906,831Liabilities 2014: $8,351,544Net Assets 2014: $14,555,2872014Assets 2015: $25,609,421Liabilities 2015: $11,351,683Net Assets 2015: $14,257,7382015Assets 2016: $26,036,455Liabilities 2016: $12,375,972Net Assets 2016: $13,660,4832016Assets 2017: $25,591,967Liabilities 2017: $11,999,355Net Assets 2017: $13,592,6122017Assets 2018: $26,461,151Liabilities 2018: $12,308,024Net Assets 2018: $14,153,1272018Assets 2019: $29,212,834Liabilities 2019: $15,424,836Net Assets 2019: $13,787,9982019Assets 2020: $29,696,010Liabilities 2020: $15,000,803Net Assets 2020: $14,695,2072020Assets 2021: $32,438,996Liabilities 2021: $15,632,269Net Assets 2021: $16,806,7272021Assets 2022: $33,458,271Liabilities 2022: $15,543,588Net Assets 2022: $17,914,6832022Assets 2023: $32,971,618Liabilities 2023: $15,826,209Net Assets 2023: $17,145,4092023Assets 2024: $32,589,898Liabilities 2024: $18,050,426Net Assets 2024: $14,539,4722024

Highlighted filing

2024

Assets$32,589,898
Liabilities$18,050,426
Net Assets$14,539,472

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2011: $14,951,2402011Expenses 2012: $16,696,4082012Expenses 2013: $17,606,6682013Revenue 2014: $20,410,047Expenses 2014: $18,063,440Net Income 2014: $2,346,6072014Revenue 2015: $18,754,349Expenses 2015: $18,716,260Net Income 2015: $38,0892015Revenue 2016: $18,861,661Expenses 2016: $19,505,723Net Income 2016: -$644,0622016Revenue 2017: $21,091,282Expenses 2017: $22,170,734Net Income 2017: -$1,079,4522017Revenue 2018: $24,009,096Expenses 2018: $23,568,909Net Income 2018: $440,1872018Revenue 2019: $27,349,341Expenses 2019: $27,868,609Net Income 2019: -$519,2682019Revenue 2020: $28,447,621Expenses 2020: $27,509,026Net Income 2020: $938,5952020Revenue 2021: $29,495,774Expenses 2021: $28,903,107Net Income 2021: $592,6672021Revenue 2022: $30,387,501Expenses 2022: $28,249,711Net Income 2022: $2,137,7902022Revenue 2023: $25,908,052Expenses 2023: $27,140,729Net Income 2023: -$1,232,6772023Revenue 2024: $28,205,758Expenses 2024: $30,451,382Net Income 2024: -$2,245,6242024

Highlighted filing

2024

Revenue$28,205,758
Expenses$30,451,382
Net Income-$2,245,624

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.6$18.1$14.5$28.2$30.5$2.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$15.8$17.1$25.9$27.1$1.23
2022Detailed filing. Detailed filing data is available for this year.$33.5$15.5$17.9$30.4$28.2$2.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.4$15.6$16.8$29.5$28.9$0.59
2020Detailed filing. Detailed filing data is available for this year.$29.7$15.0$14.7$28.4$27.5$0.94
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.2$15.4$13.8$27.3$27.9$0.52
2018Detailed filing. Detailed filing data is available for this year.$26.5$12.3$14.2$24.0$23.6$0.44
2017Detailed filing. Detailed filing data is available for this year.$25.6$12.0$13.6$21.1$22.2$1.08
2016Detailed filing. Detailed filing data is available for this year.$26.0$12.4$13.7$18.9$19.5$0.64
2015Detailed filing. Detailed filing data is available for this year.$25.6$11.4$14.3$18.8$18.7$0.04
2014Detailed filing. Detailed filing data is available for this year.$22.9$8.35$14.6$20.4$18.1$2.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.0$8.23$11.8$17.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$8.28$10.8$16.7
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.9$8.22$9.70$15.0
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 5, 2023
Return Version
2021v4.2
Gross Receipts
$30,390,801
Mission and Program Overview

Mission

To offer a challenging christ-centered liberal arts experience and co-curricular programs that transform students' lives by integrating liberal arts with career-oriented studies and service to god & the world.

To provide student instruction, scholarships, academic support, and other services to its students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,661,397$19,574,302▲ $912,905
Investments in Publicly Traded Securities$7,687,411$6,707,650▼ $979,761
Pledges and Grants Receivable$3,711,313$4,035,929▲ $324,616
Accounts Receivable$687,373$2,322,649▲ $1,635,276
Savings and Temporary Cash Investments$598,107$274,140▼ $323,967
Prepaid Expenses and Deferred Charges$286,362$237,428▼ $48,934
Inventories for Sale or Use$41,168$12,068▼ $29,100
Cash and Non-Interest-Bearing Accounts$8,388$8,388→ $0
Total Assets$32,438,996$33,458,271▲ $1,019,275
Other Assets Total$757,477$285,717▼ $471,760
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,757,487$12,714,466▲ $956,979
Accounts Payable and Accrued Expenses$1,485,638$1,285,336▼ $200,302
Other Liabilities$645,455$995,946▲ $350,491
Unsecured Notes Loans Payable$1,684,050$500,000▼ $1,184,050
Deferred Revenue$59,639$47,840▼ $11,799
Total Liabilities$15,632,269$15,543,588▼ $88,681
Net Assets / Fund Balance
Net Assets With Donor Restrictions$13,141,917$12,928,609▼ $213,308
Net Assets Without Donor Restrictions$3,664,810$4,986,074▲ $1,321,264
Total Net Assets Fund Balance$16,806,727$17,914,683▲ $1,107,956
Total Liabilities and Net Assets / Fund Balance$32,438,996$33,458,271▲ $1,019,275

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,847,064$11,963,049$25,810,113
Equipment$1,914,656$6,620,371$8,535,027
Other Land Buildings$3,709,249$1,853,051$5,562,300
Land$103,333-$103,333

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$8,730,019$706,709▼ $372,510-$8,782,478
2020$6,950,344$413,925▲ $1,670,824-$8,730,019
2019$6,768,569$358,629▲ $114,183-$6,950,344
2018$6,818,437$152,047▲ $372,205-$6,768,569
2017$6,889,434$175,857▲ $521,917$149,214$6,818,437
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David OlivePresidentFT$192,681$15,806$208,487
Mary Ruth BlankenshipVP for Finance and AdministrationFT$120,589$5,436$126,025
Marshall FlowersVP for Academic Affairs & AthleticsFT$89,552$19,299$108,851
Paul LambertChief Information Officer/associate VP for FinanceFT$99,958$7,445$107,403
Tonia WalkerVice President for Intercollegiate AthleticsFT$92,436$10,330$102,766
Joshua ClineVice President for Institutional AdvancementFT$85,256$14,059$99,315
Joshua ArnoldVP for Enrollment Management & Student DevelopmentFT$68,575$7,436$76,011
Darwin HoodVP for Enrollment ManagementFT$22,848$1,837$24,685

Highest Paid Contractors

ContractorServicesLocationCompensation
Pioneer College CaterersFood Services303 GLENROSE AVENUE, Nashville, TN 37210$1,009,075
A Book CompanyText Books28312 NETWORK PLACE, Chicago, IL 60673$550,304
Dcishires INCConstructionPO BOX 1259, Bluefield, WV 24701$414,816
National Management Resources CorpMaintenancePO BOX 1224, Lagrange, GA 30241$373,813
Jenzabar INCSoftwarePO BOX 845588, Boston, MA 02284$182,522
Revenue and Support

Revenue Composition

Contributions and Grants
$6,434,397
Program Service Revenue
$22,131,376
Investment Income
$314,480
Other Revenue
$1,507,248
All Other Contributions
$3,580,141
Change in Net Assets
$2,137,790

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$250,000Appraisal
Securities Publicly Traded5$86,171Avg High/low at Transfer
Other Non Cash Contri Table24$4,380Fair Market Value (FMV)
Other Non Cash Contri Table14$2,032Fnv
Clothing and Household Goods-$680Fair Market Value (FMV)
Total Noncash Contributions44$343,263-

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,154,606
Revenue Not Reported on Financial Statements
$7,232,895
Revenue Not Reported on Form 990
$-1,026,534
Other Revenue Adjustments
$7,211,419
Total Revenue per Audited Statements
$22,128,072
Total Revenue per Form 990
$30,387,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,558,279
Salaries, Compensation, and Employee Benefits$10,480,013
Grants and Similar Amounts Paid$7,211,419
Total Fundraising Expense$370,062
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$7,493,168$886,933$287,839$8,667,940
Grants to Domestic Individuals$7,211,419--$7,211,419
Occupancy$1,756,206$163,773-$1,919,979
Other Employee Benefits$1,381,198$430,875-$1,812,073
Fees for Services Other$375,011$1,024,473$5,167$1,404,651
Depreciation Depletion$1,329,339$41,114-$1,370,453
Travel$563,382$23,968$7,434$594,784
Interest$503,240--$503,240
Insurance$365,150$71,949-$437,099
Office Expenses$139,983$51,057$4,112$195,152
Fees for Service Investment Mgmnt Fees-$21,476-$21,476
Other Expenses$6,770$12,805$24,182$19,575
Total Functional Expenses$24,637,115$3,242,534$370,062$28,249,711

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$28,249,711
Total Expenses per Audited Statements$21,020,116
Expenses per Audited Statements$21,016,816
Expenses Not Reported on Financial Statements$7,232,895
Other Expense Adjustments$7,211,419
Expenses Not Reported on Form 990$3,300
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$3,300
Fundraising Gross Income$1,805
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student and Other Deposits$574,325
Trust and Annuity Obligations$183,790
Post Retirment Benefit Obligations$160,342
Amounts Held on Behalf of Others$77,489
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 is provided to and discussed with the board's finance committee prior to filing. The authority to review and approve the 990 has been delegated to the finance committee by the board of directors.

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

Trustee conflict of interest disclosure forms are reviewed by the board chair and assistant secretary. They are maintained in and reviewed by the president's office. Any items disclosed are discussed with the board's executive committee and disclosed to the university's auditors. Employees conflict of interest disclosures are reviewed by the employee's supervisor and the university's human resource director. Any items disclosed by employees are reviewed by the president and relevant university leadership team members as appropriate. Employee conflict of interest disclosure forms are maintained in the human resources office.

Form 990, Part VI, Section B, Line 15

Bluefield university refers to a salary survey benchmark data from the council for christian colleges and universities (cccu) in establishing the salaries of the president and other key employees.

Form 990, Part VI, Section C, Line 19

Bluefield university does not routinely make its governing documents, conflict of interest policy, and financial statements available to the public. Inquiries from the public for these documents are reviewed on a case-by-case basis by the university's leadership team to ensure that they are released only to satisfy legitimate requests.

Filing and Contact Details

Filer

Filer Name
Bluefield University
EIN
54-0568200
Phone
2763263682
Address
3000 COLLEGE AVENUE, BLUEFIELD, VA 24605

Signing Officer

Name
Ruth Blankenship
Title
VP for Administration & Finance
Phone
2763263682
Signed
2023-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruth Blankenship
Formed
1922
Legal Domicile
Va
Voting Board Members
22
Independent Board Members
22
Employees
412
Volunteers
8

Preparer

Firm
Brown Edwards & Company Llp
Address
105 ARBOR DR 3RD FLOOR, CHRISTIANSBURG, VA 24073
Preparer
Mark Woolwine
Phone
5404433606
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE2C:

The finance committee process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The university's endowment funds are used primarily for scholarships and restricted program purposes. The board designated or quasi-endowment funds are used to support the operating budget.

PART X, LINE 2:

The federal form 990s of the university are subject to examination by the internal revenue service, generally for three years after they are filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Golf tournament expenses 3,300.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Grants and financial aid paid 7,211,419.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses netted for golf tournament 3,300.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Grants and finacial aid paid 7,211,419.

Raw XML AppendixShowing 400 of 848 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/BooksInCareOfDetail/USAddress/CityNm0BLUEFIELD
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IRS990/CashNonInterestBearingGrp/EOYAmt08388
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IRS990/CollectionsOfArtInd00
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IRS990/CompDisqualPersonsGrp/TotalAmt08667940
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IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
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IRS990/ContractorCompensationGrp/ServicesDesc3MAINTENANCE
IRS990/ContractorCompensationGrp/ServicesDesc4SOFTWARE
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IRS990/DepreciationDepletionGrp/TotalAmt01370453
IRS990/Desc0STUDENT INSTRUCTION AND SCHOLARSHIPS: GROUNDED IN THE LIBERAL ARTS TRADITION, BLUEFIELD UNIVERSITY IS AT THE FOREFRONT IN UNDERSTANDING THE VALUE OF SCIENCE AND TECHNOLOGY IN THE 21ST CENTURY. WITH MORE THAN 40 ACADEMIC PROGRAMS, WHICH INCLUDES FIVE MASTER'S DEGREES AND ASSOCIATES IN GENERAL STUDIES. STUDENTS SERVED INCLUDE TRADITIONAL STUDENTS WHO ANTICIPATE NEEDING THREE TO FIVE YEARS TO COMPLETE THEIR DEGREE, THE DEGREE COMPLETION STUDENT WHO NEEDS FEWER HOURS TO COMPLETE AN UNDERGRADUATE DEGREE AND DESIRES TO COMPLETE ONLINE AND THE INDIVIDUAL THAT IS SEEKING A MASTER'S DEGREE. THE UNIVERSITY DELIVERS COURSES ON-SITE/IN-PERSON AND ON-LINE. ACADEMIC SUPPORT IS PROVIDED THROUGH AN ACADEMIC CENTER FOR EXCELLENCE, A LIBRARY, AND ACADEMIC TECHNOLOGY SUPPORT.
IRS990/DescribedInSection501c3Ind01
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IRS990/DonorRstrOrQuasiEndowmentsInd01
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IRS990/EmploymentTaxReturnsFiledInd01
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