Civic Intelligence

MID-Continent University

EIN 61-0673582 • 501(c)3 • Mayfield, KY

Profile

Mid-continent university filed for chapter 11 bankruptcy on september 30, 2014 and is currently actively managing their own liquiation plan approved by and under the direction of thomas h. Fulton, chief judge, united states bankruptcy court, louisville, ky (502)627-5550. Mcu ceased instruction of students as of june 30, 2014 and is now managing its liquidation plan approved by the us bankruptcy court, western division of kentucky.

99 East Powell RoadMayfield, KY 42066-9007

www.midcontinent.edu

Siviq Scores

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

Liabilities / Assets

54th percentile

0.16x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

100th percentile

3223%

Higher net margin than 100% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

26th percentile

$46,807

Higher top officer pay than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

10th percentile

-13%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$7,024,088

Down $1,090,481 (-13%) from 2018

Liabilities

Down

$1,088,794

Down $65,085 (-5.6%) from 2018

Net Assets

Down

$5,935,294

Down $1,025,396 (-15%) from 2018

Operations
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Up

-$32,551

Up $125,693 (+79%) from 2018

Expenses

Up

$1,016,628

Up $375,698 (+59%) from 2018

Net Income

Down

-$1,049,179

Down $250,005 (-31%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$40M$30M$20M$10M$0Assets 2011: $28,094,608Liabilities 2011: $8,309,327Net Assets 2011: $19,785,2812011Assets 2012: $29,258,587Liabilities 2012: $8,345,904Net Assets 2012: $20,912,6832012Assets 2013: $30,628,699Liabilities 2013: $8,760,861Net Assets 2013: $21,867,8382013Assets 2014: $24,917,530Liabilities 2014: $8,006,923Net Assets 2014: $16,910,6072014Assets 2015: $21,713,046Liabilities 2015: $3,184,444Net Assets 2015: $18,528,6022015Assets 2016: $16,378,357Liabilities 2016: $3,111,695Net Assets 2016: $13,266,6622016Assets 2017: $9,092,319Liabilities 2017: $1,332,455Net Assets 2017: $7,759,8642017Assets 2018: $8,114,569Liabilities 2018: $1,153,879Net Assets 2018: $6,960,6902018Assets 2019: $7,024,088Liabilities 2019: $1,088,794Net Assets 2019: $5,935,2942019

Highlighted filing

2019

Assets$7,024,088
Liabilities$1,088,794
Net Assets$5,935,294
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0-$10MExpenses 2011: $16,490,1422011Expenses 2012: $21,974,0872012Expenses 2013: $21,924,9852013Revenue 2014: $15,376,226Expenses 2014: $20,386,248Net Income 2014: -$5,010,0222014Revenue 2015: $4,358,614Expenses 2015: $2,740,619Net Income 2015: $1,617,9952015Revenue 2016: -$104,610Expenses 2016: $2,206,535Net Income 2016: -$2,311,1452016Revenue 2017: -$3,672,092Expenses 2017: $1,834,706Net Income 2017: -$5,506,7982017Revenue 2018: -$158,244Expenses 2018: $640,930Net Income 2018: -$799,1742018Revenue 2019: -$32,551Expenses 2019: $1,016,628Net Income 2019: -$1,049,1792019

Highlighted filing

2019

Revenue-$32,551
Expenses$1,016,628
Net Income-$1,049,179
Open 2019 Filing

Filings

Most recent year

2019 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$7,024,088
Liabilities
$1,088,794
Net assets
$5,935,294
Revenue
-$32,551
Expenses
$1,016,628
Net income
-$1,049,179
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Summary only. Only limited summary data is available for this year.$7.02$1.09$5.94$0.03$1.02$1.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.11$1.15$6.96$0.16$0.64$0.80
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.09$1.33$7.76$3.67$1.83$5.51
2016Detailed filing. Detailed filing data is available for this year.$16.4$3.11$13.3$0.10$2.21$2.31
2015Detailed filing. Detailed filing data is available for this year.$21.7$3.18$18.5$4.36$2.74$1.62
2014Detailed filing. Detailed filing data is available for this year.$24.9$8.01$16.9$15.4$20.4$5.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.6$8.76$21.9$21.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$8.35$20.9$22.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.1$8.31$19.8$16.5
Latest Detailed Filing

The latest 2019 filing currently has summary financial data only. Showing the latest detailed filing from 2018 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$8,972
Mission and Program Overview

Mission

Mid-continent university filed for chapter 11 bankruptcy on september 30, 2014 and is currently actively managing their own liquiation plan approved by and under the direction of thomas h. Fulton, chief judge, united states bankruptcy court, louisville, ky (502)627-5550. Mcu ceased instruction of students as of june 30, 2014 and is now managing its liquidation plan approved by the us bankruptcy court, western division of kentucky.

Mid-continent university (the university) was a co-educational institution accredited by the commission on universities of the southern association of universities and schools, with programs leading to either bachelor of arts, bachelor of ministry, bachelor of science, or masters of science degrees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$8,779,091$8,111,669▼ $667,422
Land, Buildings, and Equipment, Net$179,820$123,929▼ $55,891
Investments Other Securities$387,053$107,295▼ $279,758
Prepaid Expenses and Deferred Charges$12,486$12,486→ $0
Inventories for Sale or Use$3,885$3,888▲ $3
Cash and Non-Interest-Bearing Accounts$-314,498$-289,180▲ $25,318
Total Assets$9,092,319$8,114,569▼ $977,750
Other Assets Total$44,482$44,482→ $0
Liabilities
Accounts Payable and Accrued Expenses$474,764$486,678▲ $11,914
Tax Exempt Bond Liabilities$506,528$441,528▼ $65,000
Mortgage Notes Payable Secured by Investment Property$160,537$160,537→ $0
Other Liabilities$190,626$65,136▼ $125,490
Total Liabilities$1,332,455$1,153,879▼ $178,576
Net Assets / Fund Balance
Unrestricted Net Assets$6,521,419$6,002,305▼ $519,114
Temporarily Rstr Net Assets$845,901$845,407▼ $494
Permanently Rstr Net Assets$392,544$112,978▼ $279,566
Total Net Assets Fund Balance$7,759,864$6,960,690▼ $799,174
Total Liabilities and Net Assets / Fund Balance$9,092,319$8,114,569▼ $977,750

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$123,929$797,278$921,207

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$392,544-▼ $279,566-$112,978
2017$377,493-▲ $15,051-$392,544
2016$3,294,495-▼ $5,710-$377,493
2015$3,696,326-▲ $15,297$417,128$3,294,495
2014$3,643,869-▲ $52,457-$3,696,326
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Walker Tim EVP for Finance & AdministrPT$46,807$46,807

Board Members and Trustees

NameTitle
Rose MikeChairman
Anderson TomTrustee
Blair CharlesTrustee
Crowell CodyTrustee
Foster CharlesTrustee
Gill MarkTrustee
Henley MelvinTrustee
Hicklin JohnTrustee
Hicks EmmaTrustee
Kunath PaulTrustee
Langford TimTrustee
Penick ThurmanTrustee
Reeder RickTrustee
Rutherford SteveTrustee
Sellers BobbyTrustee
Ziobro RobTrustee
Zickefoose DannySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,190
Program Service Revenue
$0
Investment Income
$-161,875
Other Revenue
$441
All Other Contributions
$3,190
Change in Net Assets
$-799,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$298,213
Salaries, Compensation, and Employee Benefits$211,473
Grants and Similar Amounts Paid$131,244
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$132,355-$132,355
Grants to Domestic Individuals$131,244--$131,244
Fees for Services Other-$65,724-$65,724
Current Officers, Directors, Trustees, and Key Employees-$46,807-$46,807
Depreciation Depletion-$44,907-$44,907
Insurance-$28,875-$28,875
Other Employee Benefits-$18,626-$18,626
Fees for Services Legal-$18,616-$18,616
Office Expenses-$14,080-$14,080
Occupancy-$13,738-$13,738
Payroll Taxes-$13,685-$13,685
Information Technology-$5,637-$5,637
Other Expenses$19,089$2,109-$2,109
All Other Expenses-$1,604-$1,604
Fees for Services Accounting-$770-$770
Advertising-$40-$40
Total Functional Expenses$150,333$490,597$0$640,930
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Other Funds$40,488
Liabilities A.l. Cloyd Unitrust$23,783
Deposits$865
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
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

“A draft of the form 990 is reviewed by the vice president of finance before it is filed.”

FORM 990, PART VI, LINE 12B:

“The university's trustees are required to annually disclose conflicts of interest, however, officers and key employees are not required to do so.”

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

“The organization consistently enforces the conflict of interest policy by requiring individuals to request permission from the board of trustees to transact business with the university, and requires full disclosure of these transactions. Employees are required to get written permission prior to accepting any outside employment.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and conflict of interest policy available to the public upon request. The organization's prior financial statements are available to the public via the federal audit clearinghouse database through the internet. Current financial statements are available by request.”

Filing and Contact Details

Filer

Filer Name
Mid-continent University
EIN
61-0673582
Phone
2702478521
Address
99 EAST POWELL ROAD, MAYFIELD, KY 42066-9007

Signing Officer

Name
Tim Walker
Title
VP of Finance & Administration
Phone
2702478521
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Walker
Formed
1949
Legal Domicile
Ky
Voting Board Members
17
Independent Board Members
17
Employees
5
Volunteers
17

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
106 W VINE STREET SUITE 600, LEXINGTON, KY 40507
Preparer
Leigh Mckee
Phone
8592552341
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 0. Management and general expenses 65,724. Fundraising expenses 0. Total expenses 65,724.”

Financial Statement Notes

PART V, LINE 4:

“Endowment funds are used for the purpose stipulated by the donor.”

Raw XML AppendixShowing 400 of 504 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
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0474764
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0486678
IRS990/AccountsReceivableGrp/BOYAmt08779091
IRS990/AccountsReceivableGrp/EOYAmt08111669
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MID-CONTINENT UNIVERSITY (THE UNIVERSITY) WAS A CO-EDUCATIONAL INSTITUTION ACCREDITED BY THE COMMISSION ON UNIVERSITIES OF THE SOUTHERN ASSOCIATION OF UNIVERSITIES AND SCHOOLS, WITH PROGRAMS LEADING TO EITHER BACHELOR OF ARTS, BACHELOR OF MINISTRY, BACHELOR OF SCIENCE, OR MASTERS OF SCIENCE DEGREES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt040
IRS990/AdvertisingGrp/TotalAmt040
IRS990/AllOtherContributionsAmt03190
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01604
IRS990/AllOtherExpensesGrp/TotalAmt01604
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0TIM WALKER VP MID-CONTINENT UNIVER
IRS990/BooksInCareOfDetail/PhoneNum02702478521
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt099 POWELL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0MAYFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd042066
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0-314498
IRS990/CashNonInterestBearingGrp/EOYAmt0-289180
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt046807
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt046807
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03190
IRS990/CYGrantsAndSimilarPaidAmt0131244
IRS990/CYInvestmentIncomeAmt0-161875
IRS990/CYOtherExpensesAmt0298213
IRS990/CYOtherRevenueAmt0441
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-799174
IRS990/CYSalariesCompEmpBnftPaidAmt0211473
IRS990/CYTotalExpensesAmt0640930
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-158244
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt044907
IRS990/DepreciationDepletionGrp/TotalAmt044907
IRS990/Desc0MID-CONTINENT UNIVERSITY FILED FOR CHAPTER 11 BANKRUPTCY ON SEPTEMBER 30, 2014 AND IS CURRENTLY ACTIVELY MANAGING ITS OWN LIQUIDATION PLAN UNDER THE DIRECTION OF THOMAS H. FULTON, CHIEF JUDGE, UNITED STATES BANKRUPTCY COURT, LOUISVILLE, KY (502)627-5550. MCU CEASED INSTRUCTION OF STUDENTS AS OF JUNE 30, 2014.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0150333
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0770
IRS990/FeesForServicesAccountingGrp/TotalAmt0770
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt018616
IRS990/FeesForServicesLegalGrp/TotalAmt018616
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt065724
IRS990/FeesForServicesOtherGrp/TotalAmt065724
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1718.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDERSON TOM
IRS990/Form990PartVIISectionAGrp/PersonNm1BLAIR CHARLES
IRS990/Form990PartVIISectionAGrp/PersonNm2CROWELL CODY
IRS990/Form990PartVIISectionAGrp/PersonNm3FOSTER CHARLES
IRS990/Form990PartVIISectionAGrp/PersonNm4GILL MARK
IRS990/Form990PartVIISectionAGrp/PersonNm5HENLEY MELVIN
IRS990/Form990PartVIISectionAGrp/PersonNm6HICKLIN JOHN
IRS990/Form990PartVIISectionAGrp/PersonNm7HICKS EMMA
IRS990/Form990PartVIISectionAGrp/PersonNm8KUNATH PAUL
IRS990/Form990PartVIISectionAGrp/PersonNm9LANGFORD TIM
IRS990/Form990PartVIISectionAGrp/PersonNm10PENICK THURMAN
IRS990/Form990PartVIISectionAGrp/PersonNm11REEDER RICK
IRS990/Form990PartVIISectionAGrp/PersonNm12ROSE MIKE
IRS990/Form990PartVIISectionAGrp/PersonNm13RUTHERFORD STEVE
IRS990/Form990PartVIISectionAGrp/PersonNm14SELLERS BOBBY
IRS990/Form990PartVIISectionAGrp/PersonNm15ZICKEFOOSE DANNY
IRS990/Form990PartVIISectionAGrp/PersonNm16ZIOBRO ROB
IRS990/Form990PartVIISectionAGrp/PersonNm17WALKER TIM E
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1746807
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
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/TitleTxt12CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP FOR FINANCE & ADMINISTR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01949
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-12646
IRS990/GainOrLossGrp/SecuritiesAmt0-154570
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt0131244
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0131244
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0131244
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08972
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05637
IRS990/InformationTechnologyGrp/TotalAmt05637
IRS990/InsuranceGrp/ManagementAndGeneralAmt028875
IRS990/InsuranceGrp/TotalAmt028875
IRS990/InventoriesForSaleOrUseGrp/BOYAmt03885
IRS990/InventoriesForSaleOrUseGrp/EOYAmt03888
IRS990/InvestmentIncomeGrp/ExclusionAmt05341
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05341
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0387053
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0107295
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0797278
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0179820
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0123929
IRS990/LandBldgEquipCostOrOtherBssAmt0921207
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt012646
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0154570
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MID-CONTINENT UNIVERSITY FILED FOR CHAPTER 11 BANKRUPTCY ON SEPTEMBER 30, 2014 AND IS CURRENTLY ACTIVELY MANAGING THEIR OWN LIQUIDATION PLAN APPROVED BY AND UNDER THE DIRECTION OF THOMAS H. FULTON, CHIEF JUDGE, UNITED STATES BANKRUPTCY COURT, LOUISVILLE, KY (502)627-5550. MCU CEASED INSTRUCTION OF STUDENTS AS OF JUNE 30, 2014 AND IS NOW MANAGING ITS LIQUIDATION PLAN APPROVED BY THE US BANKRUPTCY COURT, WESTERN DIVISION OF KENTUCKY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0160537
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0160537
IRS990/NetAssetsOrFundBalancesBOYAmt07759864
IRS990/NetAssetsOrFundBalancesEOYAmt06960690
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-167216
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-167216
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt013738
IRS990/OccupancyGrp/TotalAmt013738
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014080
IRS990/OfficeExpensesGrp/TotalAmt014080
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt044482
IRS990/OtherAssetsTotalGrp/EOYAmt044482
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018626
IRS990/OtherEmployeeBenefitsGrp/TotalAmt018626
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1TUITION & FEES
IRS990/OtherExpensesGrp/Desc2CREDIT BUREAU COMMISSIO
IRS990/OtherExpensesGrp/Desc3BOOKS & MATERIALS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt068477
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114547
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22109
IRS990/OtherExpensesGrp/ProgramServicesAmt019089
IRS990/OtherExpensesGrp/TotalAmt068477
IRS990/OtherExpensesGrp/TotalAmt119089
IRS990/OtherExpensesGrp/TotalAmt214547
IRS990/OtherExpensesGrp/TotalAmt32109
IRS990/OtherLiabilitiesGrp/BOYAmt0190626
IRS990/OtherLiabilitiesGrp/EOYAmt065136
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0441
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0441
IRS990/OtherRevenueTotalAmt0441
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0132355
IRS990/OtherSalariesAndWagesGrp/TotalAmt0132355
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013685
IRS990/PayrollTaxesGrp/TotalAmt013685
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0392544
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0112978
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012486
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012486
IRS990/PrincipalOfficerNm0TIM WALKER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06873
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0243043
IRS990/PYInvestmentIncomeAmt0-3687037
IRS990/PYOtherExpensesAmt01373791
IRS990/PYOtherRevenueAmt08072
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-5506798
IRS990/PYSalariesCompEmpBnftPaidAmt0217872
IRS990/PYTotalExpensesAmt01834706
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0-3672092
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-799174
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0441
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0392544
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0112978
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-279566
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0377493
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0392544
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015051
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02911292
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03294495
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0377493
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-5710
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03696326
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03294495
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015297
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0417128
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03643869
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03696326
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt052457
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0123929
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0797278
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0921207
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023783
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt140488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2865
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITIES A.L. CLOYD UNITRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO OTHER FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEPOSITS
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUNDS ARE USED FOR THE PURPOSE STIPULATED BY THE DONOR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0123929
IRS990ScheduleD/TotalLiabilityAmt065136
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE UNIVERSITY HAS PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN PUBLIC NOTICE POSTINGS AT ALL SCHOOL LOCATIONS, AND ON ALL LITERATURE PROVIDED BY THE UNIVERSITY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1ON MAY 22, 2014 MID-CONTINENT UNIVERSITY SUBMITTED NOTICE TO THE KANSAS CITY SCHOOL PARTICIPATION DIVISION OF THE REGIONAL OFFICE OF THE DEPARTMENT OF EDUCATION THAT THE UNIVERSITY WAS VOLUNTARILY WITHDRAWING FROM THE FEDERAL AID FUNDING PROGRAM.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, SCHEDULE E, PART I, LINES 6A AND 6B:
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0131244
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0291

Document Assets

No mirrored PDF or thumbnail assets are attached yet.