Civic Intelligence

Patrick Henry College

990 • Fiscal year 2016 • EIN 54-1919810

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 10, 2016

Ten Patrick Henry CirclePurcellville, VA 20132-3198

(540) 441-8000

Siviq Scores

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

Liabilities / Assets

38th percentile

0.16x

Higher debt load relative to assets than 38% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.50x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

22nd percentile

-5.1%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

46th percentile

$229,725

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

54th percentile

3.2%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

43rd percentile

0.6%

Faster revenue growth than 43% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$45,701,065

Up $1,428,686 (+3.2%) from 2015

Net Assets

Down

$38,234,975

Down $1,108,696 (-2.8%) from 2015

Liabilities

Up

$7,466,090

Up $2,537,382 (+51%) from 2015

Revenue

Up

$14,996,389

Up $90,198 (+0.6%) from 2015

Expenses

Down

$15,766,405

Down $1,306,984 (-7.7%) from 2015

Net Income

Up

-$770,016

Up $1,397,182 (+64%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $47,796,365Liabilities 2011: $7,716,929Net Assets 2011: $40,079,4362011Assets 2012: $46,213,858Liabilities 2012: $4,567,629Net Assets 2012: $41,646,2292012Assets 2013: $45,764,182Liabilities 2013: $4,080,924Net Assets 2013: $41,683,2582013Assets 2014: $45,918,621Liabilities 2014: $4,068,563Net Assets 2014: $41,850,0582014Assets 2015: $44,272,379Liabilities 2015: $4,928,708Net Assets 2015: $39,343,6712015Assets 2016: $45,701,065Liabilities 2016: $7,466,090Net Assets 2016: $38,234,9752016Assets 2017: $47,213,406Liabilities 2017: $9,950,267Net Assets 2017: $37,263,1392017Assets 2018: $44,597,072Liabilities 2018: $6,470,499Net Assets 2018: $38,126,5732018Assets 2019: $45,791,831Liabilities 2019: $7,468,000Net Assets 2019: $38,323,8312019Assets 2020: $41,752,119Liabilities 2020: $3,248,406Net Assets 2020: $38,503,7132020Assets 2021: $40,510,546Liabilities 2021: $1,571,948Net Assets 2021: $38,938,5982021Assets 2022: $42,398,323Liabilities 2022: $1,277,096Net Assets 2022: $41,121,2272022Assets 2023: $47,891,190Liabilities 2023: $5,913,829Net Assets 2023: $41,977,3612023Assets 2024: $48,636,804Liabilities 2024: $5,194,528Net Assets 2024: $43,442,2762024Assets 2025: $48,325,609Liabilities 2025: $4,843,620Net Assets 2025: $43,481,9892025

Highlighted filing

2016

Assets$45,701,065
Liabilities$7,466,090
Net Assets$38,234,975

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $16,406,3112011Expenses 2012: $17,508,3222012Expenses 2013: $17,092,5902013Revenue 2014: $17,651,439Expenses 2014: $17,484,639Net Income 2014: $166,8002014Revenue 2015: $14,906,191Expenses 2015: $17,073,389Net Income 2015: -$2,167,1982015Revenue 2016: $14,996,389Expenses 2016: $15,766,405Net Income 2016: -$770,0162016Revenue 2017: $14,714,610Expenses 2017: $15,347,766Net Income 2017: -$633,1562017Revenue 2018: $16,759,895Expenses 2018: $15,504,448Net Income 2018: $1,255,4472018Revenue 2019: $16,982,814Expenses 2019: $16,785,556Net Income 2019: $197,2582019Revenue 2020: $15,826,297Expenses 2020: $15,646,415Net Income 2020: $179,8822020Revenue 2021: $16,723,647Expenses 2021: $16,288,762Net Income 2021: $434,8852021Revenue 2022: $19,179,268Expenses 2022: $16,995,310Net Income 2022: $2,183,9582022Revenue 2023: $18,965,180Expenses 2023: $18,106,523Net Income 2023: $858,6572023Revenue 2024: $20,513,433Expenses 2024: $19,046,333Net Income 2024: $1,467,1002024Revenue 2025: $19,742,600Expenses 2025: $19,705,027Net Income 2025: $37,5732025

Highlighted filing

2016

Revenue$14,996,389
Expenses$15,766,405
Net Income-$770,016
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$15,745,932
Mission and Program Overview

Mission

See schedule othe mission of patrick henry college is to prepare christian men and women who will lead our nation and shape our culture with timeless biblical values and fidelity to the spirit of the american founding. Educating students according to a classical liberal arts curriculum and training them with apprenticeship methodology, the college provides academically excellent baccalaureate level higher education with a biblical worldview.the vision of patrick henry college is to aid in the transformation of american society by training christian students to serve god and mankind with a passion for righteousness, justice, and mercy, through careers of public service and cultural influence.

The mission of patrick henry college is to prepare christian men and women who will lead our nation and shape our culture with timeless biblical values and fidelity to the spirit of the american founding. Educating students according to a classical liberal arts curriculum and training them with apprenticeship methodology, the college provides academically excellent baccalaureate level higher education with a biblical worldview.the vision of patrick henry college is to aid in the transformation of american society by training christian students to serve god and mankind with a passion for righteousness, justice, and mercy, through careers of public service and cultural influence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$39,298,958$38,481,204▼ $817,754
Accounts Receivable$3,234,784$4,501,105▲ $1,266,321
Loans From Officers Directors$3,019,504$4,049,388▲ $1,029,884
Savings and Temporary Cash Investments$1,352,265$1,983,331▲ $631,066
Receivable From Disqualified Prsn-$237,536-
Pledges and Grants Receivable$21,183$199,950▲ $178,767
Inventories for Sale or Use$82,085$64,700▼ $17,385
Prepaid Expenses and Deferred Charges$76,917$63,555▼ $13,362
Investments in Publicly Traded Securities$26,682$0▼ $26,682
Other Notes and Loans Receivable, Net$7,121$0▼ $7,121
Cash and Non-Interest-Bearing Accounts$2,105$2,105→ $0
Total Assets$44,272,379$45,701,065▲ $1,428,686
Other Assets Total$170,279$167,579▼ $2,700
Liabilities
Unsecured Notes Loans Payable$600,000$2,250,000▲ $1,650,000
Accounts Payable and Accrued Expenses$612,358$681,692▲ $69,334
Deferred Revenue$488,059$485,010▼ $3,049
Other Liabilities$208,787$0▼ $208,787
Total Liabilities$4,928,708$7,466,090▲ $2,537,382
Net Assets / Fund Balance
Unrestricted Net Assets$38,490,028$37,332,517▼ $1,157,511
Temporarily Rstr Net Assets$853,643$902,458▲ $48,815
Total Net Assets Fund Balance$39,343,671$38,234,975▼ $1,108,696
Total Liabilities and Net Assets / Fund Balance$44,272,379$45,701,065▲ $1,428,686

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,058,986$7,165,911$41,224,897
Land$4,117,243-$4,117,243
Equipment$304,975$3,591,423$3,896,398
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carl SchreiberExecutive Vice PresidentFT$201,687$28,038$229,725
Thomas ZiemnickVP for AdvancementFT$129,798$27,343$157,141
Daryl WolkingChief Financial OfficerFT$122,069$29,205$151,274
Gene E VeithProvostFT$127,367$15,484$142,851
Michael P FarrisChancellorPT$128,068$5,123$133,191
Earl HallFormer VP for Campus ServicesFT$111,499$20,114$131,613
Mark MitchellChairman of the Dept of GoFT$101,673$27,442$129,115
Frank GuliuzzaDean of Academic AffairsFT$107,303$14,890$122,193
Jack HayePresidentFT$94,152$7,314$101,466

Board Members and Trustees

NameTitle
Mike WrightChairman of the Board
George W ClayVice Chairman of the Board
Cliff VrielinkTrustee
Colin StewartTrustee
David HoseltonTrustee
David ShanahanTrustee
Gary DowningTrustee
Howard SchmidtTrustee
J Michael SmithTrustee
J Victor ThompsonTrustee
James LeiningerTrustee
Marian FreelandTrustee
Paul De PreeTrustee
Ramon ArdizzoneTrustee
Russell PulliamTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
Bon AppetitFood Service91337 COLLECTIONS DRIVE, Chicago, IL 60693$1,270,503
Schola Inbound Marketing LLCMarketing2608 GRENDON DRIVE, Wilmington, DE 19808$136,460
Ricoh USA INCOffice Equipment LeasingPO BOX 41564, Philadelphia, PA 19101$106,236
Revenue and Support

Revenue Composition

Contributions and Grants
$3,466,797
Program Service Revenue
$10,639,376
Investment Income
$296,659
Other Revenue
$593,557
All Other Contributions
$3,466,797
Change in Net Assets
$-770,016

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
Securities Publicly Traded5$585,126Fair Market Value
Total Noncash Contributions5$585,126-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,096,137
Other Expenses$5,604,928
Grants and Similar Amounts Paid$3,065,340
Total Fundraising Expense$813,095
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,269,354$989,944$160,309$5,419,607
Grants to Domestic Individuals$3,065,340--$3,065,340
Depreciation Depletion$910,068$101,924$7,245$1,019,237
Other Employee Benefits$420,234$84,284$294,830$799,348
Occupancy$596,438$63,999$31,373$691,810
All Other Expenses$394,287$105,581$93,322$593,190
Information Technology$244,116$178,500$40,306$462,922
Current Officers, Directors, Trustees, and Key Employees$279,693$99,500$22,402$401,595
Payroll Taxes$298,966$69,051$11,656$379,673
Travel$286,409$10,311$40,457$337,177
Advertising$80,166$86,965$44,046$211,177
Interest$167,441$18,580-$186,021
Other Expenses$161,218$14,630-$175,848
Office Expenses$86,480$4,336$45,540$136,356
Fees for Services Other$98,056$11,529$13,566$123,151
Pension Plan Contributions$78,340$17,574-$95,914
Fees for Services Legal$32,285$3,065$8,043$43,393
Fees for Services Accounting$28,981$3,220-$32,201
Total Functional Expenses$13,085,714$1,867,596$813,095$15,766,405
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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$3,019,504$4,049,388▲ $1,029,884
Receivables from Disqualified Persons-$237,536-
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

J. Victor thompson provides investment management services through bulwark capital corporation to four other trustees - george clay, mike wright, jack haye and paul de pree.

Form 990, Part VI, Section A, Line 2

George clay, vic thompson, and mike farris are common trustees for patrick henry college and patrick henry college foundation.

Form 990, Part VI, Section B, Line 11

The final draft of form 990 without the donor listing (schedule b) is sent to all members of the board of trustees for their review before the 990 is filed.

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

All trustees, officers, and key employees complete the conflict of interest form annually for submittal to the vice president of finance and administration's office for review.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of trustees serves as the college's compensation committee, comprised soley of independent trustees, none of which have a conflict of interest with respect to the compensation arrangements. The committee develops, consistent with the organization's philosophy and principles, the annual performance goals and the criteria to be used in determining merit increases for the president (ceo). The full board reviews and validates compensation arrangements for the president and his direct reports.

Form 990, Part VI, Section C, Line 19

While the federal laws do not mandate that the college's governing documents, conflict of interest policy and financial statements be made available for public inspection, the college makes them available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Patrick Henry College
EIN
54-1919810
Phone
5404418000
Address
TEN PATRICK HENRY CIRCLE, PURCELLVILLE, VA 20132-3198

Signing Officer

Name
N Daryl Wolking
Title
CFO
Phone
5404418000
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
N Daryl Wolking
Formed
1998
Legal Domicile
Va
Voting Board Members
17
Independent Board Members
15
Employees
373
Volunteers
0

Preparer

Firm
Yount Hyde & Barbour Pc
Address
PO BOX 2560, WINCHESTER, VA 22604-1760
Preparer
Olivia a Hutton CPA
Phone
5406623417
Raw XML AppendixShowing 400 of 787 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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IRS990/ActivityOrMissionDesc0THE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1715484
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1828038
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1929205
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2027343
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2114890
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2227442
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2320114
IRS990/Form990PartVIISectionAGrp/PersonNm0JACK HAYE
IRS990/Form990PartVIISectionAGrp/PersonNm1GEORGE W CLAY
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL DE PREE
IRS990/Form990PartVIISectionAGrp/PersonNm3J VICTOR THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL P FARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm5RAMON ARDIZZONE
IRS990/Form990PartVIISectionAGrp/PersonNm6MARIAN FREELAND
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID HOSELTON
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMES LEININGER
IRS990/Form990PartVIISectionAGrp/PersonNm9RUSSELL PULLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID SHANAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm11J MICHAEL SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm12MIKE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm13CLIFF VRIELINK
IRS990/Form990PartVIISectionAGrp/PersonNm14GARY DOWNING
IRS990/Form990PartVIISectionAGrp/PersonNm15HOWARD SCHMIDT
IRS990/Form990PartVIISectionAGrp/PersonNm16COLIN STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm17GENE E VEITH
IRS990/Form990PartVIISectionAGrp/PersonNm18CARL SCHREIBER
IRS990/Form990PartVIISectionAGrp/PersonNm19DARYL WOLKING
IRS990/Form990PartVIISectionAGrp/PersonNm20THOMAS ZIEMNICK
IRS990/Form990PartVIISectionAGrp/PersonNm21FRANK GULIUZZA
IRS990/Form990PartVIISectionAGrp/PersonNm22MARK MITCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm23EARL HALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt094152
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHANCELLOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP FOR ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21DEAN OF ACADEMIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHAIRMAN OF THE DEPT OF GO
IRS990/Form990PartVIISectionAGrp/TitleTxt23FORMER VP FOR CAMPUS SERVICES
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01806
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt03065340
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt03065340
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03065340
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0618613
IRS990/GrossReceiptsAmt015745932
IRS990/GrossRentsGrp/RealAmt0105720
IRS990/GrossSalesOfInventoryAmt0152696
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt040306
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0178500
IRS990/InformationTechnologyGrp/ProgramServicesAmt0244116
IRS990/InformationTechnologyGrp/TotalAmt0462922
IRS990/InterestGrp/ManagementAndGeneralAmt018580
IRS990/InterestGrp/ProgramServicesAmt0167441
IRS990/InterestGrp/TotalAmt0186021
IRS990/InventoriesForSaleOrUseGrp/BOYAmt082085
IRS990/InventoriesForSaleOrUseGrp/EOYAmt064700
IRS990/InvestmentIncomeGrp/ExclusionAmt0294853
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0294853
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt026682
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010757334
IRS990/LandBldgEquipBasisNetGrp/BOYAmt039298958
IRS990/LandBldgEquipBasisNetGrp/EOYAmt038481204
IRS990/LandBldgEquipCostOrOtherBssAmt049238538
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0616807
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt03019504
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt04049388
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE OTHE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt038234975
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IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0105720
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0105720
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0601553
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt031373
IRS990/OccupancyGrp/ManagementAndGeneralAmt063999
IRS990/OccupancyGrp/ProgramServicesAmt0596438
IRS990/OccupancyGrp/TotalAmt0691810
IRS990/OfficeExpensesGrp/FundraisingAmt045540
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04336
IRS990/OfficeExpensesGrp/ProgramServicesAmt086480
IRS990/OfficeExpensesGrp/TotalAmt0136356
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0170279
IRS990/OtherAssetsTotalGrp/EOYAmt0167579
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0294830
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt084284
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0420234
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0799348
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1STUDENT EXPENSES
IRS990/OtherExpensesGrp/Desc2LIBRARY SUPPLIES
IRS990/OtherExpensesGrp/Desc3SMALL EQUIPMENT & SUPPL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04603
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114630
IRS990/OtherExpensesGrp/ProgramServicesAmt01111024
IRS990/OtherExpensesGrp/ProgramServicesAmt1256032
IRS990/OtherExpensesGrp/ProgramServicesAmt2220786
IRS990/OtherExpensesGrp/ProgramServicesAmt3161218
IRS990/OtherExpensesGrp/TotalAmt01111024
IRS990/OtherExpensesGrp/TotalAmt1260635
IRS990/OtherExpensesGrp/TotalAmt2220786
IRS990/OtherExpensesGrp/TotalAmt3175848
IRS990/OtherLiabilitiesGrp/BOYAmt0208787
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0611710

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$48.3$4.84$43.5$19.7$19.7$0.04
2024Detailed filing. Detailed filing data is available for this year.$48.6$5.19$43.4$20.5$19.0$1.47
2023Detailed filing. Detailed filing data is available for this year.$47.9$5.91$42.0$19.0$18.1$0.86
2022Detailed filing. Detailed filing data is available for this year.$42.4$1.28$41.1$19.2$17.0$2.18
2021Detailed filing. Detailed filing data is available for this year.$40.5$1.57$38.9$16.7$16.3$0.43
2020Detailed filing. Detailed filing data is available for this year.$41.8$3.25$38.5$15.8$15.6$0.18
2019Detailed filing. Detailed filing data is available for this year.$45.8$7.47$38.3$17.0$16.8$0.20
2018Detailed filing. Detailed filing data is available for this year.$44.6$6.47$38.1$16.8$15.5$1.26
2017Detailed filing. Detailed filing data is available for this year.$47.2$9.95$37.3$14.7$15.3$0.63
2016Detailed filing. Detailed filing data is available for this year.$45.7$7.47$38.2$15.0$15.8$0.77
2015Detailed filing. Detailed filing data is available for this year.$44.3$4.93$39.3$14.9$17.1$2.17
2014Detailed filing. Detailed filing data is available for this year.$45.9$4.07$41.9$17.7$17.5$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.8$4.08$41.7$17.1
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.2$4.57$41.6$17.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.8$7.72$40.1$16.4