Civic Intelligence

Southeastern University Inc.

990 • Fiscal year 2013 • EIN 59-0722789

Jul 01, 2012 to Jun 30, 2013 • Filed on May 15, 2014

1000 Longfellow Boulevard33801-6034
Siviq Scores

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

Liabilities / Assets

68th percentile

0.52x

Higher debt load relative to assets than 68% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

10th percentile

-4.9%

Faster asset growth than 10% of similar nonprofits.

2013 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$80,923,293

Down $4,193,380 (-4.9%) from 2012

Net Assets

Down

$38,490,067

Down $2,430,517 (-5.9%) from 2012

Liabilities

Down

$42,433,226

Down $1,762,863 (-4.0%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$53,618,060

Up $4,507,995 (+9.2%) from 2012

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.

$150M$100M$50M$0Assets 2010: $84,383,519Liabilities 2010: $47,773,460Net Assets 2010: $36,610,0592010Assets 2011: $85,314,986Liabilities 2011: $45,545,975Net Assets 2011: $39,769,0112011Assets 2012: $85,116,673Liabilities 2012: $44,196,089Net Assets 2012: $40,920,5842012Assets 2013: $80,923,293Liabilities 2013: $42,433,226Net Assets 2013: $38,490,0672013Assets 2014: $83,398,310Liabilities 2014: $43,018,520Net Assets 2014: $40,379,7902014Assets 2015: $87,947,791Liabilities 2015: $48,152,993Net Assets 2015: $39,794,7982015Assets 2016: $110,224,834Liabilities 2016: $76,172,253Net Assets 2016: $34,052,5812016Assets 2017: $121,487,503Liabilities 2017: $84,300,323Net Assets 2017: $37,187,1802017Assets 2018: $115,795,728Liabilities 2018: $83,235,761Net Assets 2018: $32,559,9672018Assets 2019: $112,932,845Liabilities 2019: $88,297,285Net Assets 2019: $24,635,5602019Assets 2020: $135,061,336Liabilities 2020: $107,551,160Net Assets 2020: $27,510,1762020Assets 2021: $138,909,409Liabilities 2021: $107,952,505Net Assets 2021: $30,956,9042021Assets 2022: $136,483,124Liabilities 2022: $86,614,643Net Assets 2022: $49,868,4812022Assets 2023: $133,674,608Liabilities 2023: $85,892,652Net Assets 2023: $47,781,9562023Assets 2024: $141,314,862Liabilities 2024: $90,921,053Net Assets 2024: $50,393,8092024

Highlighted filing

2013

Assets$80,923,293
Liabilities$42,433,226
Net Assets$38,490,067

Operations Trend

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

$150M$100M$50M$0-$50MExpenses 2010: $48,150,4762010Expenses 2011: $49,301,2892011Expenses 2012: $49,110,0652012Expenses 2013: $53,618,0602013Revenue 2014: $62,207,884Expenses 2014: $61,406,997Net Income 2014: $800,8872014Revenue 2015: $75,173,472Expenses 2015: $74,138,961Net Income 2015: $1,034,5112015Revenue 2016: $85,405,492Expenses 2016: $86,000,758Net Income 2016: -$595,2662016Revenue 2017: $100,012,414Expenses 2017: $100,587,084Net Income 2017: -$574,6702017Revenue 2018: $108,350,862Expenses 2018: $114,931,237Net Income 2018: -$6,580,3752018Revenue 2019: $120,295,564Expenses 2019: $126,620,215Net Income 2019: -$6,324,6512019Revenue 2020: $129,416,019Expenses 2020: $123,897,297Net Income 2020: $5,518,7222020Revenue 2021: $130,768,783Expenses 2021: $129,332,835Net Income 2021: $1,435,9482021Revenue 2022: $143,033,375Expenses 2022: $131,732,313Net Income 2022: $11,301,0622022Revenue 2023: $126,271,820Expenses 2023: $128,834,464Net Income 2023: -$2,562,6442023Revenue 2024: $135,510,469Expenses 2024: $133,708,045Net Income 2024: $1,802,4242024

Highlighted filing

2013

Revenue-
Expenses$53,618,060
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 15, 2014
Return Version
2012v2.1
Gross Receipts
$66,253,053
Mission and Program Overview

Mission

Southeastern university's dedication to students' spiritual and intellectual growth provides a framework for christ centered living both in and outside the classroom.

Filing and Contact Details

Filer

EIN
59-0722789
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IRS990/Form990PartVIISectionA/Title25BOARD MEMBER
IRS990/Form990PartVIISectionA/Title26BOARD MEMBER
IRS990/Form990PartVIISectionA/Title27EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionA/Title28VP FOR UNIV. ADVANCEMENT
IRS990/Form990PartVIISectionA/Title29VP FOR ENROLLMENT MGMT
IRS990/Form990PartVIISectionA/Title30PROVOST
IRS990/Form990PartVIISectionA/Title31VP FOR FINANCE AND ADMIN
IRS990/Form990PartVIISectionA/Title32ASSOCIATE PROVOST
IRS990/Form990PartVIISectionA/Title33VP FOR STUDENT DEVELOPMENT
IRS990/Form990ProvidedToGoverningBody01
IRS990/FormersListed00
IRS990/FSAudited01
IRS990/FSAuditedBasis/FinancialStatementSeparate0X
IRS990/FundraisingActivities00
IRS990/FundsToPayPremiums00
IRS990/GainOrLoss/Other0-1791956
IRS990/GainOrLoss/Securities033271
IRS990/Gaming00
IRS990/Grants010711354
IRS990/GrantsAndSimilarAmntsCY010711354
IRS990/GrantsAndSimilarAmntsPriorYear07454960
IRS990/GrantsToDomesticIndividuals/ProgramServices010711354
IRS990/GrantsToDomesticIndividuals/Total010711354
IRS990/GrantsToIndividuals01
IRS990/GrantsToOrganizations00
IRS990/GrantToRelatedPerson00
IRS990/GrossAmountSalesAssets/Other02029613
IRS990/GrossAmountSalesAssets/Securities010135647
IRS990/GrossReceipts066253053
IRS990/GrossSalesOfInventory04604201
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt01
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/InformationTechnology/ManagementAndGeneral045126
IRS990/InformationTechnology/ProgramServices0406135
IRS990/InformationTechnology/Total0451261
IRS990/Interest/ManagementAndGeneral0183553
IRS990/Interest/ProgramServices01651977
IRS990/Interest/Total01835530
IRS990/InventoriesForSaleOrUse/EOY06529
IRS990/InvestmentIncomeCurrentYear0-1264597
IRS990/InvestmentIncome/ExclusionAmount0494088
IRS990/InvestmentIncomePriorYear0855512
IRS990/InvestmentIncome/TotalRevenueColumn0494088
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsPubTradedSecurities/BOY015761516
IRS990/InvestmentsPubTradedSecurities/EOY06811351
IRS990/InvestTaxExemptBonds00
IRS990/LandBldgEquipmentAccumDeprec038407024
IRS990/LandBuildingsEquipmentBasis085567049
IRS990/LandBuildingsEquipmentBasisNet/BOY050989632
IRS990/LandBuildingsEquipmentBasisNet/EOY047160025
IRS990/LessCostOthBasisSalesExpenses/Other03821569
IRS990/LessCostOthBasisSalesExpenses/Securities010102376
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MiscellaneousRevenue/RelatedOrExemptFunctionIncome0158014
IRS990/MiscellaneousRevenue/TotalRevenueColumn0158014
IRS990/MissionDescription0FROM ITS INCEPTION IN 1935, SOUTHEASTERN UNIVERSITY HAS BEEN A CHRIST-CENTERED, STUDENT-FOCUSED UNIVERSITY. SOUTHEASTERN UNIVERSITY EXISTS TO EQUIP STUDENTS TO DISCOVER AND DEVELOP THEIR DIVINE DESIGN TO SERVE CHRIST AND THE WORLD THROUGH SPIRIT-EMPOWERED LIFE, LEARNING AND LEADERSHIP. IT IS UNIQUE IN ITS APPROACH OF DEVELOPING LEADERS WHO WILL CHANGE THE WORLD THROUGH SERVANT LEADERSHIP. SOUTHEASTERN UNIVERSITY HAS RESTED ON A SOLID FOUNDATION OF VISION AND FAITH AS THE SCHOOL HAS EVOLVED THROUGH THE YEARS.
IRS990/MoreThan5000KToIndividuals00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$141$90.9$50.4$136$134$1.80
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$134$85.9$47.8$126$129$2.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$136$86.6$49.9$143$132$11.3
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$139$108$31.0$131$129$1.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$135$108$27.5$129$124$5.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$113$88.3$24.6$120$127$6.32
2018Summary only. Only limited summary data is available for this year.$116$83.2$32.6$108$115$6.58
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$121$84.3$37.2$100$101$0.57
2016Detailed filing. Detailed filing data is available for this year.$110$76.2$34.1$85.4$86.0$0.60
2015Detailed filing. Detailed filing data is available for this year.$87.9$48.2$39.8$75.2$74.1$1.03
2014Detailed filing. Detailed filing data is available for this year.$83.4$43.0$40.4$62.2$61.4$0.80
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.9$42.4$38.5$53.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.1$44.2$40.9$49.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.3$45.5$39.8$49.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.4$47.8$36.6$48.2