Civic Intelligence

Simpson University Foundation

990 • Fiscal year 2019 • EIN 68-0274677

May 01, 2018 to Apr 30, 2019 • Filed on Mar 13, 2020

2211 college view driveredding, CA 96003

(530) 244-5600

Siviq Scores

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

Liabilities / Assets

39th percentile

0.08x

Higher debt load relative to assets than 39% of similar nonprofits.

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

Liabilities / Revenue

77th percentile

0.69x

Higher debt load relative to revenue than 77% of similar nonprofits.

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

Net Margin

20th percentile

-9.2%

Higher net margin than 20% of similar nonprofits.

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

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

33rd percentile

-0.9%

Faster asset growth than 33% of similar nonprofits.

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

Revenue Growth

77th percentile

20%

Faster revenue growth than 77% of similar nonprofits.

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

Assets

Down

$9,656,526

Down $83,062 (-0.9%) from 2018

Net Assets

Down

$8,898,237

Down $43,391 (-0.5%) from 2018

Liabilities

Down

$758,289

Down $39,671 (-5.0%) from 2018

Revenue

Up

$1,094,022

Up $183,895 (+20%) from 2018

Expenses

Up

$1,194,722

Up $455,138 (+62%) from 2018

Net Income

Down

-$100,700

Down $271,243 (-159%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $9,420,869Liabilities 2011: $5,297,016Net Assets 2011: $4,123,8532011Assets 2012: $9,695,955Liabilities 2012: $6,038,925Net Assets 2012: $3,657,0302012Assets 2013: $11,220,075Liabilities 2013: $5,942,461Net Assets 2013: $5,277,6142013Assets 2014: $9,258,195Liabilities 2014: $1,245,428Net Assets 2014: $8,012,7672014Assets 2015: $9,378,787Liabilities 2015: $1,178,563Net Assets 2015: $8,200,2242015Assets 2016: $8,859,270Liabilities 2016: $987,115Net Assets 2016: $7,872,1552016Assets 2017: $9,780,026Liabilities 2017: $1,010,965Net Assets 2017: $8,769,0612017Assets 2018: $9,739,588Liabilities 2018: $797,960Net Assets 2018: $8,941,6282018Assets 2019: $9,656,526Liabilities 2019: $758,289Net Assets 2019: $8,898,2372019Assets 2020: $9,087,441Liabilities 2020: $762,096Net Assets 2020: $8,325,3452020

Highlighted filing

2019

Assets$9,656,526
Liabilities$758,289
Net Assets$8,898,237

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: -$218,381Expenses 2011: $908,256Net Income 2011: -$1,126,6372011Revenue 2012: $441,328Expenses 2012: $822,516Net Income 2012: -$381,1882012Expenses 2013: $592,3872013Revenue 2014: $1,485,028Expenses 2014: $4,385,380Net Income 2014: -$2,900,3522014Revenue 2015: $1,841,331Expenses 2015: $1,535,704Net Income 2015: $305,6272015Revenue 2016: $1,235,857Expenses 2016: $781,652Net Income 2016: $454,2052016Revenue 2017: $870,125Expenses 2017: $109,356Net Income 2017: $760,7692017Revenue 2018: $910,127Expenses 2018: $739,584Net Income 2018: $170,5432018Revenue 2019: $1,094,022Expenses 2019: $1,194,722Net Income 2019: -$100,7002019Revenue 2020: $2,363,638Expenses 2020: $2,183,836Net Income 2020: $179,8022020

Highlighted filing

2019

Revenue$1,094,022
Expenses$1,194,722
Net Income-$100,700
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Mar 13, 2020
Return Version
2018v3.1
Gross Receipts
$3,255,440
Mission and Program Overview

Mission

Raise and manage private support for the benefit of Simpson University

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$400,000$431,808▲ $31,808
Savings and Temporary Cash Investments$406,012$135,681▼ $270,331
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$9,739,588$9,656,526▼ $83,062
Other Assets Total$8,933,576$9,089,037▲ $155,461
Liabilities
Other Liabilities$797,960$758,289▼ $39,671
Total Liabilities$797,960$758,289▼ $39,671
Net Assets / Fund Balance
Permanently Rstr Net Assets$6,262,923$8,898,237▲ $2,635,314
Temporarily Rstr Net Assets$2,678,705--
Total Net Assets Fund Balance$8,941,628$8,898,237▼ $43,391
Total Liabilities and Net Assets / Fund Balance$9,739,588$9,656,526▼ $83,062

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,697,925--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$7,400,106$99,629▲ $281,319-$7,514,511
2017$7,206,577$118,227▲ $328,316-$7,400,106
2016$6,539,894$242,463▲ $561,965-$7,206,577
2015$6,493,269$406,732▼ $137,116-$6,539,894
2014$6,217,158$228,172▲ $272,282-$6,493,269
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alan BurchettChairman
Norman HallPresident
Dr James PostmaVice Chair
Dr JoAnne CripeVice Chair
Dr Raymond ReidVice-Chairman
Julie IrvingTrustee
Timothy DietzCFO
Wally QuirkCOO
Revenue and Support

Revenue Composition

Contributions and Grants
$751,228
Program Service Revenue
$0
Investment Income
$342,431
Other Revenue
$363
All Other Contributions
$751,228
Change in Net Assets
$-100,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,081,847
Other Expenses$112,875
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,081,847--$1,081,847
Fees for Services Management-$112,875-$112,875
Total Functional Expenses$1,081,847$112,875$0$1,194,722
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Simpson UniversityRedding, CA-To Support Simpson University$1,081,847
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability Under Annuity/trust Agreement$758,289
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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, Line 11B: Form 990 Review Process

The outside cpa prepares a draft of the return. The cfo and controller review the return. Prior to filing, the 990 is sent electroically to each board member and is notified via phone that the return was sent out electronically. Because the full board only meets twice a year; in october and april, the board authorized the finance committee of the board to approve the filing of the 990 during their monthly meeting. The board has 2 weeks to submit any comments or questions prior to the finance committee authorizing the tax filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The university has a written conflict of interest policy that is signed by each member of the governing board on an annual basis.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The executive committee of the board of trustees reviews compensation data compiled from the coalition of christian colleges and university's (cccu) national salary survey. This data shows current executive salaries and considers those along with the standard employee pay increase for all university employees. The executive committee determines the compensation for all executives. The secretary of the board of trustees signs the employee contracts for executives.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Simpson University Foundation
EIN
68-0274677
Phone
5302445600
Address
2211 college view drive, redding, CA 96003

Signing Officer

Name
Timothy Dietz
Title
CFO
Signed
2020-03-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Dietz
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
8

Preparer

Firm
Agt Cpas and Advisors
Address
1726 COURT ST, REDDING, CA 96001-1720
Preparer
Robert D Griffith CPA
Phone
5302413881
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Change in value in CRT = -$9615

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The income from the endowment funds are used for the benefit of simpson university.

Part X : FIN48 Footnote

On 1 may 2008, the university adopted fasb asc 740-10, which clarifies the accounting for uncertainty in income taxes recognized in the university's financial statments in accordance with fassb asc 740, and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Fasb asc 740-10 also provides guidance on derecognition and measurement of a tax position taken or expected to be taken in a tax return. The adoption of fasb asc 740-10 did not have a material effect on the university.

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IRS990/PYOtherRevenueAmt01162
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IRS990/PYTotalExpensesAmt0739584
IRS990/PYTotalRevenueAmt0910127
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0406012
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0135681
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0751228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0530900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0924297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0857885
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01438641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04502951
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0364296
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0378065
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0116743
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0362223
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0276634
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01497961
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0363
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01162
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt07525
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt015749
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02510
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027309
IRS990ScheduleA/PublicSupportCY170Pct00.74700
IRS990ScheduleA/PublicSupportPY170Pct00.78410
IRS990ScheduleA/PublicSupportTotal170Amt04502951
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0751228
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0530900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0924297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0857885
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01438641
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04502951
IRS990ScheduleA/TotalSupportAmt06028221
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07400106
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt099629
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07514511
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0266543
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0281319
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07206577
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0118227
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07400106
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0253014
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0328316
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06539894
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0242463
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07206577
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0137745
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0561965
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06493269
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0406732
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06539894
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0222991
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-137116
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06217158
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0228172
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06493269
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0224343
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0272282
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Assets under annuity
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Due to/Due from
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0758289
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITY UNDER ANNUITY/TRUST AGREEMENT
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INCOME FROM THE ENDOWMENT FUNDS ARE USED FOR THE BENEFIT OF SIMPSON UNIVERSITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ON 1 MAY 2008, THE UNIVERSITY ADOPTED FASB ASC 740-10, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE UNIVERSITY'S FINANCIAL STATMENTS IN ACCORDANCE WITH FASSB ASC 740, AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FASB ASC 740-10 ALSO PROVIDES GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ADOPTION OF FASB ASC 740-10 DID NOT HAVE A MATERIAL EFFECT ON THE UNIVERSITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09089037
IRS990ScheduleD/TotalLiabilityAmt0758289
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt01081847
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT SIMPSON UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SIMPSON UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0941339635
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02211 COLLEGE VIEW DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0REDDING
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd096003
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PART I, LINE 2:SIMPSON UNIVERSITY FOUNDATION OPERATES FOR THE BENEFIT OF SIMPSON UNIVERSITY. THE FOUNDATION ADMINISTERS FUNDS RECEIVED AND DISBURSES THEM TO SIMPSON UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE OUTSIDE CPA PREPARES A DRAFT OF THE RETURN. THE CFO AND CONTROLLER REVIEW THE RETURN. PRIOR TO FILING, THE 990 IS SENT ELECTROICALLY TO EACH BOARD MEMBER AND IS NOTIFIED VIA PHONE THAT THE RETURN WAS SENT OUT ELECTRONICALLY. BECAUSE THE FULL BOARD ONLY MEETS TWICE A YEAR; IN OCTOBER AND APRIL, THE BOARD AUTHORIZED THE FINANCE COMMITTEE OF THE BOARD TO APPROVE THE FILING OF THE 990 DURING THEIR MONTHLY MEETING. THE BOARD HAS 2 WEEKS TO SUBMIT ANY COMMENTS OR QUESTIONS PRIOR TO THE FINANCE COMMITTEE AUTHORIZING THE TAX FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS SIGNED BY EACH MEMBER OF THE GOVERNING BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS COMPENSATION DATA COMPILED FROM THE COALITION OF CHRISTIAN COLLEGES AND UNIVERSITY'S (CCCU) NATIONAL SALARY SURVEY. THIS DATA SHOWS CURRENT EXECUTIVE SALARIES AND CONSIDERS THOSE ALONG WITH THE STANDARD EMPLOYEE PAY INCREASE FOR ALL UNIVERSITY EMPLOYEES. THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR ALL EXECUTIVES. THE SECRETARY OF THE BOARD OF TRUSTEES SIGNS THE EMPLOYEE CONTRACTS FOR EXECUTIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Change in value in CRT = -$9615
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Decreases
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IRS990/SignificantChangeInd0false
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
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IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02678705
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false

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