Civic Intelligence

Asbury College

990 • Fiscal year 2019 • EIN 61-0458355

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 10, 2020

Organization ProfileWWW.ASBURY.EDU

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1 Macklem DriveWilmore, KY 40390

(859) 858-3511

Siviq Scores

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

Liabilities / Assets

26th percentile

0.10x

Higher debt load relative to assets than 26% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.25x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Net Margin

58th percentile

6.3%

Higher net margin than 58% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

23rd percentile

$279,330

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Asset Growth

42nd percentile

2.8%

Faster asset growth than 42% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

8.1%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$142,043,154

Up $3,825,975 (+2.8%) from 2018

Net Assets

Up

$127,842,112

Up $4,681,499 (+3.8%) from 2018

Liabilities

Down

$14,201,042

Down $855,524 (-5.7%) from 2018

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin58th percentile

Revenue

Up

$57,848,599

Up $4,342,786 (+8.1%) from 2018

Expenses

Up

$54,180,208

Up $342,241 (+0.6%) from 2018

Net Income

Up

$3,668,391

Up $4,000,545 (+1204%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$200M$150M$100M$50M$0Assets 2010: $98,843,695Liabilities 2010: $18,795,781Net Assets 2010: $80,047,9142010Assets 2011: $103,094,918Liabilities 2011: $17,122,223Net Assets 2011: $85,972,6952011Assets 2012: $104,088,312Liabilities 2012: $15,721,273Net Assets 2012: $88,367,0392012Assets 2013: $109,171,749Liabilities 2013: $14,764,152Net Assets 2013: $94,407,5972013Assets 2014: $114,982,941Liabilities 2014: $13,816,131Net Assets 2014: $101,166,8102014Assets 2015: $127,157,972Liabilities 2015: $16,381,001Net Assets 2015: $110,776,9712015Assets 2016: $131,296,216Liabilities 2016: $16,109,950Net Assets 2016: $115,186,2662016Assets 2017: $136,786,769Liabilities 2017: $15,745,081Net Assets 2017: $121,041,6882017Assets 2018: $138,217,179Liabilities 2018: $15,056,566Net Assets 2018: $123,160,6132018Assets 2019: $142,043,154Liabilities 2019: $14,201,042Net Assets 2019: $127,842,1122019Assets 2020: $144,144,761Liabilities 2020: $18,513,229Net Assets 2020: $125,631,5322020Assets 2021: $170,047,358Liabilities 2021: $15,044,676Net Assets 2021: $155,002,6822021Assets 2022: $169,761,805Liabilities 2022: $13,867,604Net Assets 2022: $155,894,2012022Assets 2023: $176,637,593Liabilities 2023: $14,748,548Net Assets 2023: $161,889,0452023Assets 2024: $184,366,354Liabilities 2024: $13,796,728Net Assets 2024: $170,569,6262024

Highlighted filing

2019

Assets$142,043,154
Liabilities$14,201,042
Net Assets$127,842,112
Open 2019 Filing

Operations Trend

Revenue Growth64th percentile

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

$80M$60M$40M$20M$0-$20MExpenses 2010: $38,344,7422010Expenses 2011: $40,484,0482011Expenses 2012: $41,180,6562012Expenses 2013: $44,295,3672013Revenue 2014: $49,295,505Expenses 2014: $46,905,400Net Income 2014: $2,390,1052014Revenue 2015: $63,528,875Expenses 2015: $51,056,036Net Income 2015: $12,472,8392015Revenue 2016: $57,764,487Expenses 2016: $50,347,163Net Income 2016: $7,417,3242016Revenue 2017: $54,746,280Expenses 2017: $51,655,119Net Income 2017: $3,091,1612017Revenue 2018: $53,505,813Expenses 2018: $53,837,967Net Income 2018: -$332,1542018Revenue 2019: $57,848,599Expenses 2019: $54,180,208Net Income 2019: $3,668,3912019Revenue 2020: $52,608,542Expenses 2020: $53,533,398Net Income 2020: -$924,8562020Revenue 2021: $73,010,633Expenses 2021: $54,659,350Net Income 2021: $18,351,2832021Revenue 2022: $69,387,747Expenses 2022: $56,347,315Net Income 2022: $13,040,4322022Revenue 2023: $61,685,781Expenses 2023: $58,632,031Net Income 2023: $3,053,7502023Revenue 2024: $66,549,803Expenses 2024: $62,951,695Net Income 2024: $3,598,1082024

Highlighted filing

2019

Revenue$57,848,599
Expenses$54,180,208
Net Income$3,668,391
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 10, 2020
Return Version
2018v3.2
Gross Receipts
$58,132,116
Mission and Program Overview

Mission

Asbury university equips students, through academic excellence and spiritual vitality, for lifelong learning, leadership, and service to the professions, society, the family and the church, preparing them to engage their cultures and advance the cause of christ worldwide.

A christian liberal arts university committed to academic excellence and spiritual vitality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$57,735,513$55,990,573▼ $1,744,940
Investments in Publicly Traded Securities$39,631,425$44,389,676▲ $4,758,251
Investments Other Securities$16,021,231$15,859,824▼ $161,407
Savings and Temporary Cash Investments$7,149,047$11,453,816▲ $4,304,769
Pledges and Grants Receivable$5,875,594$6,353,322▲ $477,728
Cash and Non-Interest-Bearing Accounts$3,166,610$3,301,694▲ $135,084
Other Notes and Loans Receivable, Net$2,543,557$2,220,075▼ $323,482
Accounts Receivable$1,106,234$701,797▼ $404,437
Inventories for Sale or Use$231,148$183,946▼ $47,202
Prepaid Expenses and Deferred Charges$102,695$151,929▲ $49,234
Total Assets$138,217,179$142,043,154▲ $3,825,975
Other Assets Total$4,654,125$1,436,502▼ $3,217,623
Liabilities
Tax Exempt Bond Liabilities$6,477,918$6,190,752▼ $287,166
Mortgage Notes Payable Secured by Investment Property$3,034,484$2,990,113▼ $44,371
Accounts Payable and Accrued Expenses$1,827,463$2,303,202▲ $475,739
Other Liabilities$3,716,701$2,163,098▼ $1,553,603
Deferred Revenue-$553,877-
Total Liabilities$15,056,566$14,201,042▼ $855,524
Net Assets / Fund Balance
Unrestricted Net Assets$59,233,978$59,234,192▲ $214
Permanently Rstr Net Assets$39,127,591$40,900,289▲ $1,772,698
Temporarily Rstr Net Assets$24,799,044$27,707,631▲ $2,908,587
Total Net Assets Fund Balance$123,160,613$127,842,112▲ $4,681,499
Total Liabilities and Net Assets / Fund Balance$138,217,179$142,043,154▲ $3,825,975

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$44,847,895$41,486,108$86,334,003
Equipment$4,094,211$22,424,208$26,518,419
Other Land Buildings$4,969,627$4,347,125$9,316,752
Land$2,078,840-$2,078,840
Other Securities$536,950--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$54,786,604$1,505,809▲ $2,804,101$737,545$57,411,282
2017$51,476,916$1,329,208▲ $3,186,527$362,522$54,786,604
2016$47,791,714$615,848▲ $4,515,539$514,939$51,476,916
2015$48,870,376$1,773,932▼ $1,412,118$518,478$47,791,714
2014$47,598,860$2,143,094▲ $518,759$462,265$48,870,376
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Sandra C GrayPresidentFT$251,165$28,165$279,330
Glenn R HamiltonVP for Business AffairsFT$129,751$17,168$146,919
Dr William Hall JrVP for Enrollment ManagementFT$120,037$20,811$140,848
Bonnie BankerProvost (partial Year)FT$127,358$504$127,862
Dr Sarah B BaldwinVP for Student DevelopmentFT$110,216$17,188$127,404
Dr Mark J TroyerVP for Institutional AdvancementFT$106,969$19,797$126,766
Mark WhitworthVP for Intercollegiate AthleticsFT$87,381$16,161$103,542

Board Members and Trustees

NameTitle
Larry D BrownBoard Chair
Timothy a ShellVice Chair
Aaron AmmermanTrustee
Andrew J Coleman JrTrustee
Ce CrouseTrustee
Commissioner E Sue SwansonTrustee
David L Stevens MdTrustee
Deborah Kay Burrus HaydenTrustee
Dr Elaine a BerniusTrustee
Dr Robert F Wiley JrTrustee
Hon Joseph R PittsTrustee
Jeffrey E StrykerTrustee
Larry W GreenTrustee
Lt Col Richard O SpeakmanTrustee
Margaret G KimTrustee
Rev Dr David BrazeltonTrustee
Rev Dr Morris E HintzmanTrustee
Rev Lisa AusleyTrustee
Ronald BallTrustee
Dr Timothy WoosterProvost (began 1/1/2019)
Sarah L LuceSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Pioneer College CaterersCatererCPO ASBURY UNIVERSITY, Wilmore, KY 40390$2,201,105
Jarboe Construction INCContractor1017 SOUTH BROADWAY, Lexington, KY 40504$319,887
Sherman-carter-barnhart ArchitectsArchitect2405 HARRODSBURG ROAD, Lexington, KY 40504$220,108
Eab Global INCConsultants - AdmissionsPO BOX 603519, Charlotte, NC 28620-3519$191,662
Comfort & Process SolutionsHvac Contractor124 TRADE STREET, Lexington, KY 40511$156,485
Revenue and Support

Revenue Composition

Contributions and Grants
$8,688,164
Program Service Revenue
$45,816,516
Investment Income
$2,443,638
Other Revenue
$900,281
All Other Contributions
$8,449,711
Change in Net Assets
$3,668,391

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$499,362Fair Market Value (FMV)
Other Non Cash Contri Table2$43,850Fair Market Value
Cars and Other Vehicles2$30,100Fair Market Value (FMV)
Works of Art1$25,000Fair Market Value (FMV)
Other Non Cash Contri Table5$9,749Fair Market Value
Other Non Cash Contri Table1$9,000Fair Market Value
Other Non Cash Contri Table4$7,659Fair Market Value
Other Non Cash Contri Table1$4,800Fair Market Value
Books and Publications-$311Fair Market Value (FMV)
Clothing and Household Goods-$280Fair Market Value (FMV)
Food Inventory1$264Fair Market Value (FMV)
Total Noncash Contributions22$630,375-

Audited Revenue Reconciliation

Revenue per Audited Statements
$41,642,659
Revenue Not Reported on Financial Statements
$16,205,940
Revenue Not Reported on Form 990
$1,013,108
Other Revenue Adjustments
$16,043,009
Total Revenue per Audited Statements
$42,655,767
Total Revenue per Form 990
$57,848,599
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$23,387,790
Grants and Similar Amounts Paid$16,100,192
Other Expenses$14,692,226
Total Fundraising Expense$1,341,715
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,374,509$2,705,463$556,310$16,636,282
Grants to Domestic Individuals$16,100,192--$16,100,192
Depreciation Depletion$3,202,658$494,237-$3,696,895
Other Employee Benefits$2,885,682$633,222$137,213$3,656,117
Occupancy$1,889,848$99,306-$1,989,154
Payroll Taxes$929,786$221,088$42,807$1,193,681
Current Officers, Directors, Trustees, and Key Employees$413,852$486,783$278,274$1,178,909
Travel$587,957$169,223$48,116$805,296
Pension Plan Contributions$585,079$109,970$27,752$722,801
Other Expenses$282,191$106,562$200,451$589,204
Fees for Services Other$440,885$108,947$4,029$553,861
Information Technology$383,169$135,931-$519,100
Insurance$414,617$96,858-$511,475
Advertising$322,452$141,104$25,520$489,076
Interest$284,656$96,555-$381,211
Office Expenses$100,982$42,151$21,243$164,376
Fees for Service Investment Mgmnt Fees-$162,931-$162,931
Fees for Services Accounting-$95,746-$95,746
Conferences and Meetings$55,689$8,666-$64,355
Fees for Services Legal-$10,144-$10,144
Total Functional Expenses$46,913,606$5,924,887$1,341,715$54,180,208

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$54,180,208
Total Expenses per Audited Statements$37,974,268
Expenses per Audited Statements$37,917,085
Expenses Not Reported on Financial Statements$16,263,123
Other Expense Adjustments$16,100,192
Expenses Not Reported on Form 990$57,183
International Activity

International Summary

Offices
0
Employees
0
Spending
$870,656

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments---$870,656
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Student Loans$1,566,074
Deposits Held in Custody for Others$411,316
Health Plan Reserve$170,288
Housing and Key Deposits$15,420

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Wilmore Ky2009-12-18$9,000,000Construction of campus facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$9,000,000-$2,809,248$335,931

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
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
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 governing board delegates the review of the core form to the audit committee. Management reviews the return with our independent accountants before the form is filed. Form 990 is provided to the board prior to filing.”

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

“Each trustee is to review the conflict of interest policy annually and identify any existing conflicts, or affirm that there is no conflict of interest. The forms are submitted to the secretary of the board of trustees. The committee on governance and trustee development has the responsibility to review and monitor compliance with the procedure. No trustee shall vote on any matter, under consideration at a board or committee meeting, in which such trustee has a conflict of interest. The conflict of interest policy for employees and officers requires disclosure of any potential conflicts of interest to the employee's supervisor, but does not require annual disclosure and affirmation.”

Form 990, Part VI, Section B, Line 15

“Ceo and top management officials: comparative data is compiled annually by the human resources office and supplied to the chair of the board of trustees to determine presidential compensation. The compensation is reviewed and approved by the board and documented in board minutes. Other officers or key employees: comparative salary surveys are compiled annually. Benchmarks for each officer and key employee have been established based on this comparative data. The president establishes compensation for the officers.”

Form 990, Part VI, Section C, Line 19

“The organization's conflict of interest statement is available in the administrative policy manual on the organization's website. The governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Asbury College
EIN
61-0458355
Phone
8598583511
Address
1 MACKLEM DRIVE, WILMORE, KY 40390
Doing Business As
Asbury University

Signing Officer

Name
Glenn R Hamilton
Title
VP Business Affairs/treasurer
Phone
8598583511
Signed
2020-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandra C Gray
Formed
1904
Legal Domicile
Ky
Voting Board Members
20
Independent Board Members
20
Employees
1,366
Volunteers
20

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
250 W MAIN STR STE 1400, LEXINGTON, KY 40507
Preparer
Allison C Carter
Phone
8592552341
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of split interest agreements 166,376.”

Form 990, Part XII, Line 2C

“The process for determining the review and selection of the independent accountant has not changed from the prior year.”

Financial Statement Notes

PART III, LINE 4:

“Artwork is displayed for enrichment of educational experience. Books, papers, etc. From the wesley and macclesfield collection are held in archives for exhibition and research.”

PART V, LINE 4:

“Endowment consists of approximately 400 individual funds, both donor-restricted and board designated. Income from these funds are restricted or designated for the purpose of providing financial aid for students (both scholarships and student loans), and support of instruction, facilities, and other programs.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in value of split interest agreement 166,376.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Student aid netted with revenue on financials 16,100,192. Cost of goods sold netted with revenue on form 990 -57,183.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of goods sold netted with revenue on form 990 57,183.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Student aid netted with revenue on financials 16,100,192.”

Raw XML AppendixShowing 400 of 974 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/Desc0ASBURY UNIVERSITY IS A CHRISTIAN LIBERAL ARTS UNIVERSITY. THE COLLEGE WAS FOUNDED IN 1890 AND IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS, THE NATIONAL ASSOCATION OF SCHOOLS OF MUSIC, AND THE TEACHER EDUCATION PROGRAM BY THE KENTUCKY DEPARTMENT OF EDUCATION. THE COLLEGE OPERATES A MAIN CAMPUS IN WILMORE, KY AND A VIRTUAL CAMPUS FOR ON-LINE LEARNING, PROVIDING EDUCATION FOR APPROXIMATELY 1,575 STUDENTS.
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IRS990/Form990PartVIISectionAGrp/PersonNm1SARAH L LUCE
IRS990/Form990PartVIISectionAGrp/PersonNm2AARON AMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3REV LISA AUSLEY
IRS990/Form990PartVIISectionAGrp/PersonNm4RONALD BALL
IRS990/Form990PartVIISectionAGrp/PersonNm5DR ELAINE A BERNIUS
IRS990/Form990PartVIISectionAGrp/PersonNm6REV DR DAVID BRAZELTON
IRS990/Form990PartVIISectionAGrp/PersonNm7ANDREW J COLEMAN JR
IRS990/Form990PartVIISectionAGrp/PersonNm8CE CROUSE
IRS990/Form990PartVIISectionAGrp/PersonNm9LARRY W GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm10DEBORAH KAY BURRUS HAYDEN
IRS990/Form990PartVIISectionAGrp/PersonNm11REV DR MORRIS E HINTZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12MARGARET G KIM
IRS990/Form990PartVIISectionAGrp/PersonNm13HON JOSEPH R PITTS
IRS990/Form990PartVIISectionAGrp/PersonNm14TIMOTHY A SHELL
IRS990/Form990PartVIISectionAGrp/PersonNm15LT COL RICHARD O SPEAKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID L STEVENS MD
IRS990/Form990PartVIISectionAGrp/PersonNm17JEFFREY E STRYKER
IRS990/Form990PartVIISectionAGrp/PersonNm18COMMISSIONER E SUE SWANSON
IRS990/Form990PartVIISectionAGrp/PersonNm19DR ROBERT F WILEY JR
IRS990/Form990PartVIISectionAGrp/PersonNm20DR SANDRA C GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm21DR TIMOTHY WOOSTER
IRS990/Form990PartVIISectionAGrp/PersonNm22GLENN R HAMILTON
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IRS990/Form990PartVIISectionAGrp/PersonNm25DR SARAH B BALDWIN
IRS990/Form990PartVIISectionAGrp/PersonNm26MARK WHITWORTH
IRS990/Form990PartVIISectionAGrp/PersonNm27BONNIE BANKER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21PROVOST (BEGAN 1/1/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP FOR BUSINESS AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt23VP FOR ENROLLMENT MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP FOR INSTITUTIONAL ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP FOR STUDENT DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt26VP FOR INTERCOLLEGIATE ATHLETICS
IRS990/Form990PartVIISectionAGrp/TitleTxt27PROVOST (PARTIAL YEAR)
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ASBURY UNIVERSITY EQUIPS STUDENTS, THROUGH ACADEMIC EXCELLENCE AND SPIRITUAL VITALITY, FOR LIFELONG LEARNING, LEADERSHIP, AND SERVICE TO THE PROFESSIONS, SOCIETY, THE FAMILY AND THE CHURCH, PREPARING THEM TO ENGAGE THEIR CULTURES AND ADVANCE THE CAUSE OF CHRIST WORLDWIDE.
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02990113

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,043,154
Liabilities
$14,201,042
Net assets
$127,842,112
Revenue
$57,848,599
Expenses
$54,180,208
Net income
$3,668,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$184$13.8$171$66.5$63.0$3.60
2023Summary only. Only limited summary data is available for this year.$177$14.7$162$61.7$58.6$3.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$170$13.9$156$69.4$56.3$13.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$170$15.0$155$73.0$54.7$18.4
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$144$18.5$126$52.6$53.5$0.92
2019Detailed filing. Detailed filing data is available for this year.$142$14.2$128$57.8$54.2$3.67
2018Summary only. Only limited summary data is available for this year.$138$15.1$123$53.5$53.8$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$137$15.7$121$54.7$51.7$3.09
2016Summary only. Only limited summary data is available for this year.$131$16.1$115$57.8$50.3$7.42
2015Detailed filing. Detailed filing data is available for this year.$127$16.4$111$63.5$51.1$12.5
2014Detailed filing. Detailed filing data is available for this year.$115$13.8$101$49.3$46.9$2.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$14.8$94.4$44.3
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$104$15.7$88.4$41.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$103$17.1$86.0$40.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.8$18.8$80.0$38.3