Civic Intelligence

Claflin University

990 • Fiscal year 2012 • EIN 57-0314374

Jul 01, 2011 to Jun 30, 2012 • Filed on Mar 05, 2013

400 Magnolia St29115
Siviq Scores

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

Liabilities / Assets

47th percentile

0.32x

Higher debt load relative to assets than 47% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

25th percentile

-1.8%

Faster asset growth than 25% of similar nonprofits.

2012 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$79,951,767

Down $1,478,482 (-1.8%) from 2011

Net Assets

Up

$54,130,905

Up $2,294,452 (+4.4%) from 2011

Liabilities

Down

$25,820,862

Down $3,772,934 (-13%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$50,174,383

Down $778,799 (-1.5%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2011: $81,430,249Liabilities 2011: $29,593,796Net Assets 2011: $51,836,4532011Assets 2012: $79,951,767Liabilities 2012: $25,820,862Net Assets 2012: $54,130,9052012Assets 2013: $83,412,107Liabilities 2013: $26,461,683Net Assets 2013: $56,950,4242013Assets 2014: $93,894,450Liabilities 2014: $33,762,744Net Assets 2014: $60,131,7062014Assets 2015: $100,633,122Liabilities 2015: $39,576,100Net Assets 2015: $61,057,0222015Assets 2016: $99,093,927Liabilities 2016: $39,157,827Net Assets 2016: $59,936,1002016Assets 2017: $102,160,271Liabilities 2017: $41,087,825Net Assets 2017: $61,072,4462017Assets 2018: $102,577,876Liabilities 2018: $41,529,575Net Assets 2018: $61,048,3012018Assets 2019: $95,352,411Liabilities 2019: $39,080,115Net Assets 2019: $56,272,2962019Assets 2020: $97,581,089Liabilities 2020: $40,014,296Net Assets 2020: $57,566,7932020Assets 2021: $136,249,721Liabilities 2021: $16,594,486Net Assets 2021: $119,655,2352021Assets 2022: $159,550,066Liabilities 2022: $26,654,718Net Assets 2022: $132,895,3482022Assets 2023: $176,325,062Liabilities 2023: $32,633,790Net Assets 2023: $143,691,2722023

Highlighted filing

2012

Assets$79,951,767
Liabilities$25,820,862
Net Assets$54,130,905

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2011: $50,953,1822011Expenses 2012: $50,174,3832012Expenses 2013: $50,881,5652013Revenue 2014: $52,505,041Expenses 2014: $50,864,585Net Income 2014: $1,640,4562014Revenue 2015: $53,433,321Expenses 2015: $50,890,157Net Income 2015: $2,543,1642015Revenue 2016: $53,543,204Expenses 2016: $54,022,080Net Income 2016: -$478,8762016Revenue 2017: $57,169,243Expenses 2017: $57,047,791Net Income 2017: $121,4522017Revenue 2018: $59,827,351Expenses 2018: $59,393,523Net Income 2018: $433,8282018Revenue 2019: $59,366,710Expenses 2019: $64,713,822Net Income 2019: -$5,347,1122019Revenue 2020: $59,372,100Expenses 2020: $58,430,501Net Income 2020: $941,5992020Revenue 2021: $109,840,895Expenses 2021: $53,418,871Net Income 2021: $56,422,0242021Revenue 2022: $90,488,927Expenses 2022: $62,932,622Net Income 2022: $27,556,3052022Revenue 2023: $73,755,606Expenses 2023: $69,147,620Net Income 2023: $4,607,9862023

Highlighted filing

2012

Revenue-
Expenses$50,174,383
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Mar 5, 2013
Return Version
2011v1.5
Gross Receipts
$66,522,951
Mission and Program Overview

Mission

Claflin is committed to excellence in teaching, research, and creative expression. We are guided by a set of principles that help us work toward our goal of equipping students with the necessary tools for personal and professional growth. We are committed to offering quality undergraduate programs, innovative graduate programs, and viable continuing education opportunities. By design, we have emerged as a national leader in comprehensive education and continue to engage in a strategic plan which outlines an enhanced vision of academic excellence with greater emphasis on research, scholarly contributions and creative activity.

Filing and Contact Details

Filer

EIN
57-0314374
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IRS990/ActivityOrMissionDescription0CLAFLIN UNIVERSITY IS AN INDEPENDENT, LIBERAL ARTS, CO-EDUCATIONAL, HISTORICALLY BLACK INSTITUTION THAT IS AFFILIATED WITH THE UNITED METHODIST CHURCH. IT IS DEDICATED TO EDUCATIONAL EXCELLENCE AND TO PREPARING STUDENTS WITHOUT REGARD TO GENDER, RACE, RELIGION OR ETHNIC ORIGIN. IT IS COMMITTED TO OFFERING QUALITY UNDERGRADUATE PROGRAMS, SELECT GRADUATE PROGRAMS, AND VIABLE CONTINUING EDUCATION OPPORTUNITIES. IN FISCAL YEAR 2012, APPROXIMATELY 1,961 STUDENTS WERE ENROLLED AT THE UNIVERSITY.
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IRS990/FundraisingDirectExpenses094679
IRS990/FundraisingEvents0121250
IRS990/FundsToPayPremiums00
IRS990/GainOrLoss/Securities0666112
IRS990/Gaming00
IRS990/GovernmentGrants013053455
IRS990/Grants06458027
IRS990/GrantsAndSimilarAmntsCY06458027
IRS990/GrantsAndSimilarAmntsPriorYear06037218
IRS990/GrantsToDomesticIndividuals/ProgramServices06458027
IRS990/GrantsToDomesticIndividuals/Total06458027
IRS990/GrantsToIndividuals01
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossAmountSalesAssets/Securities013678400
IRS990/GrossIncomeFundraisingEvents048879
IRS990/GrossReceipts066522951
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/Insurance/ManagementAndGeneral0500115
IRS990/Insurance/ProgramServices068861
IRS990/Insurance/Total0568976
IRS990/Interest/ManagementAndGeneral0126015
IRS990/Interest/ProgramServices0228814
IRS990/Interest/Total0354829
IRS990/InvestmentIncomeCurrentYear01108296
IRS990/InvestmentIncome/ExclusionAmount0442184
IRS990/InvestmentIncomePriorYear01463153
IRS990/InvestmentIncome/TotalRevenueColumn0442184
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsOtherSecurities/BOY019684267
IRS990/InvestmentsOtherSecurities/EOY019330931
IRS990/InvestTaxExemptBonds00
IRS990/LandBldgEquipmentAccumDeprec035909572
IRS990/LandBuildingsEquipmentBasis087232065
IRS990/LandBuildingsEquipmentBasisNet/BOY051860639
IRS990/LandBuildingsEquipmentBasisNet/EOY051322493
IRS990/LessCostOthBasisSalesExpenses/Securities013012288
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0CLAFLIN IS COMMITTED TO EXCELLENCE IN TEACHING, RESEARCH, AND CREATIVE EXPRESSION. WE ARE GUIDED BY A SET OF PRINCIPLES THAT HELP US WORK TOWARD OUR GOAL OF EQUIPPING STUDENTS WITH THE NECESSARY TOOLS FOR PERSONAL AND PROFESSIONAL GROWTH. WE ARE COMMITTED TO OFFERING QUALITY UNDERGRADUATE PROGRAMS, INNOVATIVE GRADUATE PROGRAMS, AND VIABLE CONTINUING EDUCATION OPPORTUNITIES. BY DESIGN, WE HAVE EMERGED AS A NATIONAL LEADER IN COMPREHENSIVE EDUCATION AND CONTINUE TO ENGAGE IN A STRATEGIC PLAN WHICH OUTLINES AN ENHANCED VISION OF ACADEMIC EXCELLENCE WITH GREATER EMPHASIS ON RESEARCH, SCHOLARLY CONTRIBUTIONS AND CREATIVE ACTIVITY.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/MortNotesPyblSecuredInvestProp/BOY0403000
IRS990/MortNotesPyblSecuredInvestProp/EOY0653000
IRS990/NameOfPrincipalOfficerPerson0DR HENRY N TISDALE
IRS990/NbrIndependentVotingMembers022
IRS990/NbrVotingGoverningBodyMembers023
IRS990/NbrVotingMembersGoverningBody023
IRS990/NetAssetsOrFundBalancesBOY051836453
IRS990/NetAssetsOrFundBalancesEOY054130905
IRS990/NetGainOrLossInvestments/ExclusionAmount0666112
IRS990/NetGainOrLossInvestments/TotalRevenueColumn0666112
IRS990/NetIncomeFromFundraisingEvents/ExclusionAmount0-45800
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn0-45800
IRS990/NetUnrelatedBusinessTxblIncome0-11210
IRS990/NoncashContributions0233205
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith10960236
IRS990/NumberIndependentVotingMembers022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$176$32.6$144$73.8$69.1$4.61
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$160$26.7$133$90.5$62.9$27.6
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$136$16.6$120$110$53.4$56.4
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$97.6$40.0$57.6$59.4$58.4$0.94
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.4$39.1$56.3$59.4$64.7$5.35
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$103$41.5$61.0$59.8$59.4$0.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$41.1$61.1$57.2$57.0$0.12
2016Summary only. Only limited summary data is available for this year.$99.1$39.2$59.9$53.5$54.0$0.48
2015Detailed filing. Detailed filing data is available for this year.$101$39.6$61.1$53.4$50.9$2.54
2014Detailed filing. Detailed filing data is available for this year.$93.9$33.8$60.1$52.5$50.9$1.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.4$26.5$57.0$50.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.0$25.8$54.1$50.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.4$29.6$51.8$51.0