Civic Intelligence

Phillips University Inc

990 • Fiscal year 2016 • EIN 73-0579267

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 15, 2016

Organization ProfileN/A

View Organization Page

PO Box 2127Enid, OK 73702

(580) 237-4433

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

40th percentile

$31,680

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

93rd percentile

66%

Faster asset growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

98th percentile

357%

Faster revenue growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$1,808,721

Up $718,860 (+66%) from 2015

Net Assets

Up

$1,808,721

Up $718,860 (+66%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin94th percentile

Revenue

Up

$1,236,067

Up $965,533 (+357%) from 2015

Expenses

Up

$500,149

Up $277,621 (+125%) from 2015

Net Income

Up

$735,918

Up $687,912 (+1433%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $837,551Liabilities 2011: $0Net Assets 2011: $837,5512011Assets 2012: $756,940Liabilities 2012: $0Net Assets 2012: $756,9402012Assets 2013: $1,148,276Liabilities 2013: $0Net Assets 2013: $1,148,2762013Assets 2014: $1,070,459Liabilities 2014: $0Net Assets 2014: $1,070,4592014Assets 2015: $1,089,861Liabilities 2015: $0Net Assets 2015: $1,089,8612015Assets 2016: $1,808,721Liabilities 2016: $0Net Assets 2016: $1,808,7212016Assets 2017: $2,418,247Liabilities 2017: $0Net Assets 2017: $2,418,2472017Assets 2018: $2,342,344Liabilities 2018: $0Net Assets 2018: $2,342,3442018Assets 2019: $2,769,542Liabilities 2019: $0Net Assets 2019: $2,769,5422019Assets 2020: $3,286,762Liabilities 2020: $43,000Net Assets 2020: $3,243,7622020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2016

Assets$1,808,721
Liabilities$0
Net Assets$1,808,721
Open 2016 Filing

Operations Trend

Revenue Growth98th percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $362,0602011Revenue 2012: $115,183Expenses 2012: $203,046Net Income 2012: -$87,8632012Expenses 2013: $376,0672013Revenue 2014: $98,498Expenses 2014: $201,079Net Income 2014: -$102,5812014Revenue 2015: $270,534Expenses 2015: $222,528Net Income 2015: $48,0062015Revenue 2016: $1,236,067Expenses 2016: $500,149Net Income 2016: $735,9182016Revenue 2017: $824,432Expenses 2017: $263,806Net Income 2017: $560,6262017Revenue 2018: $299,051Expenses 2018: $395,638Net Income 2018: -$96,5872018Revenue 2019: $1,102,581Expenses 2019: $723,405Net Income 2019: $379,1762019Revenue 2020: $199,372Expenses 2020: $431,946Net Income 2020: -$232,5742020Revenue 2021: $42,336Expenses 2021: $3,330,204Net Income 2021: -$3,287,8682021

Highlighted filing

2016

Revenue$1,236,067
Expenses$500,149
Net Income$735,918
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 15, 2016
Return Version
2015v3.0
Gross Receipts
$1,236,067
Mission and Program Overview

Mission

To make scholarships and/or grants available to : (i) individuals pursuing a liberal arts curriculum and attending a private college or university; and (ii) faculty and staff of private, liberal arts colleges or universities pursuing advanced educational studies, in order to enable both to pay the expenses of higher education and to receive a higher quality of education.

To provide grants and scholarships to aid in funding liberal arts in funding liberal arts private higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,089,861$1,808,721▲ $718,860
Investments in Publicly Traded Securities$683,547$1,016,839▲ $333,292
Savings and Temporary Cash Investments$271,119$674,215▲ $403,096
Land, Buildings, and Equipment, Net$35,794$35,794→ $0
Other Notes and Loans Receivable, Net$21,535$0▼ $21,535
Accounts Receivable$761$4,768▲ $4,007
Cash and Non-Interest-Bearing Accounts$250$250→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,089,861$1,808,721▲ $718,860
Other Assets Total$76,855$76,855→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,089,861$1,808,721▲ $718,860
Total Liabilities and Net Assets / Fund Balance$1,089,861$1,808,721▲ $718,860

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$35,794-$35,794

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$257,972-▲ $1,777-$250,993
2014$267,569-▼ $563-$257,972
Compensation and Service Providers
Top Officer Pay40th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly CokerVice President/exec DirectorPT$27,476$4,204$31,680

Board Members and Trustees

NameTitle
Barry K RobinsonChair
Don AlexanderTrustee
Dr James E StrainTrustee
Kirby GouldTrustee
Leon WhitneyTrustee
Nancy PhillipsTrustee
Tom WalkerTrustee
Gene ChallennerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1,123,574
Other Revenue
$112,493
Change in Net Assets
$735,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$404,648
Salaries, Compensation, and Employee Benefits$60,739
Other Expenses$34,762
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$392,648--$392,648
Current Officers, Directors, Trustees, and Key Employees$18,458$14,688$0$33,146
Other Salaries and Wages$14,300$11,047-$25,347
Grants to Domestic Individuals$12,000--$12,000
Fees for Services Legal$6,697$2,215-$8,912
Occupancy$2,787$2,598-$5,385
Office Expenses$2,282$2,331-$4,613
Fees for Services Accounting-$3,985-$3,985
Other Employee Benefits$1,145$1,101-$2,246
Information Technology$1,105$1,105-$2,210
Insurance-$1,409-$1,409
Other Expenses$332$332-$664
Fees for Services Other$221$221-$442
Fees for Service Investment Mgmnt Fees-$300-$300
Travel$211--$211
Advertising$72$72-$144
Total Functional Expenses$455,785$44,364$0$500,149
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Phillips University Legacy FoundationEnid, OK501(c)3General Funding$372,165
Phillips University Alumni and Friends AssociationEnid, OK501(c)3General Funding$17,917
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

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

“The return is prepared and reviewed by an outside accounting firm. The return is then reviewed internally by management and the board chair prior to filing with the IRS. A copy is made available to the board prior to filing with the IRS.”

Form 990, Part VI, Section A, Line 6

“The members of Phillips University are the trustees of the organization.”

Form 990, Part VI, Section A, Line 7A

“The Board of Trustees selects and elects Trustees and Board officers.”

Form 990, Part VI, Section C, Line 19

“These documents are available to the public upon request.”

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

“The board members are responsible for letting the board know when there may be a conflict. The board then takes appropriate measures to ensure the conflict of interest policy is adhered to.”

Form 990, Part VI, line 15A

“The chair of the board reviews the executive director's evaluation and uses comparable data to determine if an increase in compensation is warranted.”

Filing and Contact Details

Filer

Filer Name
Phillips University Inc
EIN
73-0579267
In Care Of
% PHILLIPS UNIVERSITY INC
Phone
5802374433
Address
PO Box 2127, ENID, OK 73702

Signing Officer

Name
Kelly Coker
Title
Vice President
Phone
7134994600
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelly Coker
Formed
1907
Legal Domicile
Ok
Voting Board Members
8
Independent Board Members
8
Employees
3
Volunteers
18

Preparer

Firm
Bkd Llp
Address
280O POSK OAK BLVD STE 3200, HOUSTON, TX 77056
Preparer
Paige Gerich
Phone
7134994600
Supplemental Narrative

Financial Statement Notes

Collections of Art

“The organization holds various works of art, rare books and memorabilia for preservation for future generations.”

Part V Endowment Funds

“These quasi-endowments are used for seminary scholarships.”

Raw XML AppendixShowing 400 of 510 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt0761
IRS990/AccountsReceivableGrp/EOYAmt04768
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE GRANTS AND SCHOLARSHIPS TO AID IN FUNDING LIBERAL ARTS IN FUNDING LIBERAL ARTS PRIVATE HIGHER EDUCATION.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt072
IRS990/AdvertisingGrp/ProgramServicesAmt072
IRS990/AdvertisingGrp/TotalAmt0144
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0PHILLIPS UNIVERSITY INC
IRS990/BooksInCareOfDetail/PhoneNum05802374433
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02615 E RANDOLPH
IRS990/BooksInCareOfDetail/USAddress/CityNm0ENID
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd073701
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt0250
IRS990/CashNonInterestBearingGrp/EOYAmt0250
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0true
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014688
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt018458
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt033146
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0404648
IRS990/CYInvestmentIncomeAmt01123574
IRS990/CYOtherExpensesAmt034762
IRS990/CYOtherRevenueAmt0112493
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0735918
IRS990/CYSalariesCompEmpBnftPaidAmt060739
IRS990/CYTotalExpensesAmt0500149
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01236067
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0TO MAKE SCHOLARSHIPS AND/OR GRANTS AVAILABLE TO: (I) INDIVIDUALS PURSUING A LIBERAL ARTS CURRICULUM AND ATTENDING A PRIVATE COLLEGE OR UNIVERSITY; AND (II) FACULTY AND STAFF OF PRIVATE, LIBERAL ARTS COLLEGES OR UNIVERSITIES PURSUING ADVANCED EDUCATIONAL STUDIES, IN ORDER TO ENABLE BOTH TO PAY THE EXPENSES OF HIGHER EDUCATION AND TO RECEIVE A HIGHER QUALITY OF EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0455785
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03985
IRS990/FeesForServicesAccountingGrp/TotalAmt03985
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02215
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt06697
IRS990/FeesForServicesLegalGrp/TotalAmt08912
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0221
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0221
IRS990/FeesForServicesOtherGrp/TotalAmt0442
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0300
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0300
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt817.0
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt84204
IRS990/Form990PartVIISectionAGrp/PersonNm0GENE CHALLENNER
IRS990/Form990PartVIISectionAGrp/PersonNm1BARRY K ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm2DR JAMES E STRAIN
IRS990/Form990PartVIISectionAGrp/PersonNm3TOM WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm4DON ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm5KIRBY GOULD
IRS990/Form990PartVIISectionAGrp/PersonNm6NANCY PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm7LEON WHITNEY
IRS990/Form990PartVIISectionAGrp/PersonNm8KELLY COKER
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/ReportableCompFromOrgAmt827476
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/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT/EXEC DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01907
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt01098667
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0404648
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt012000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt012000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0392648
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0392648
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01098667
IRS990/GrossReceiptsAmt01236067
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01105
IRS990/InformationTechnologyGrp/ProgramServicesAmt01105
IRS990/InformationTechnologyGrp/TotalAmt02210
IRS990/InsuranceGrp/ManagementAndGeneralAmt01409
IRS990/InsuranceGrp/TotalAmt01409
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt024907
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024907
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0683547
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01016839
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt035794
IRS990/LandBldgEquipBasisNetGrp/EOYAmt035794
IRS990/LandBldgEquipCostOrOtherBssAmt035794
IRS990/LegalDomicileStateCd0OK
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO MAKE SCHOLARSHIPS AND/OR GRANTS AVAILABLE TO : (I) INDIVIDUALS PURSUING A LIBERAL ARTS CURRICULUM AND ATTENDING A PRIVATE COLLEGE OR UNIVERSITY; AND (II) FACULTY AND STAFF OF PRIVATE, LIBERAL ARTS COLLEGES OR UNIVERSITIES PURSUING ADVANCED EDUCATIONAL STUDIES, IN ORDER TO ENABLE BOTH TO PAY THE EXPENSES OF HIGHER EDUCATION AND TO RECEIVE A HIGHER QUALITY OF EDUCATION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01089861
IRS990/NetAssetsOrFundBalancesEOYAmt01808721
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01098667
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01098667
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-17058
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02598
IRS990/OccupancyGrp/ProgramServicesAmt02787
IRS990/OccupancyGrp/TotalAmt05385
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02331
IRS990/OfficeExpensesGrp/ProgramServicesAmt02282
IRS990/OfficeExpensesGrp/TotalAmt04613
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt076855
IRS990/OtherAssetsTotalGrp/EOYAmt076855
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01101
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01145
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02246
IRS990/OtherExpensesGrp/Desc0COST RECOVERY FEE
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01187
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11773
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2332
IRS990/OtherExpensesGrp/ProgramServicesAmt03527
IRS990/OtherExpensesGrp/ProgramServicesAmt1332
IRS990/OtherExpensesGrp/TotalAmt01187
IRS990/OtherExpensesGrp/TotalAmt15300
IRS990/OtherExpensesGrp/TotalAmt2664
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0451211
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0BOOK SALES
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0114
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0114
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1800
IRS990/OtherRevenueTotalAmt0914
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011047
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt014300
IRS990/OtherSalariesAndWagesGrp/TotalAmt025347
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt021535
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KELLY COKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0146340
IRS990/PYInvestmentIncomeAmt022872
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt035784
IRS990/PYOtherRevenueAmt0247662
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt048006
IRS990/PYSalariesCompEmpBnftPaidAmt040404
IRS990/PYTotalExpensesAmt0222528
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0270534
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0735918
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0111579
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0111579
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01089861
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01808721
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0271119
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0674215
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt013139
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0200
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0257972
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0250993
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt08556
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01777
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0623
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0267569
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0257972
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt08411
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-563
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt035794
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035794
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The organization holds various works of art, rare books and memorabilia for preservation for future generations.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1These quasi-endowments are used for seminary scholarships.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Collections of Art
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V Endowment Funds
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035794
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0PHILLIPS UNIVERSITY ADMITS STUDENTS OF ANY RACE, COLOR, SEX, AND NATIONAL OR ETHNIC ORIGIN, OR DISABILITY TO ALL RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES USUALLY ACCORDED TO OR MADE AVAILABLE TO STUDENTS AT THE INSTITUTION. PHILLIPS UNIVERSITY, IN KEEPING WITH THE UNIVERSITY'S MISSION, WILL RECRUIT, RETAIN, AND PROMOTE QUALIFIED INDIVIDUALS AND DISABILITIES. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, SEX, DISABILITY, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES OR ATHLETIC AND OTHER COLLEGE ADMINISTERED PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SEMINARY SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/RecipientTable/CashGrantAmt0372165
IRS990ScheduleI/RecipientTable/CashGrantAmt117917
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Funding
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL FUNDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Phillips University Legacy Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Phillips University Alumni and Friends Association

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,808,721
Liabilities
$0
Net assets
$1,808,721
Revenue
$1,236,067
Expenses
$500,149
Net income
$735,918
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$3.33$3.29
2020Detailed filing. Detailed filing data is available for this year.$3.29$0.04$3.24$0.20$0.43$0.23
2019Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$1.10$0.72$0.38
2018Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$0.30$0.40$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.82$0.26$0.56
2016Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$1.24$0.50$0.74
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.27$0.22$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.10$0.20$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.00$1.15$0.38
2012Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$0.12$0.20$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.00$0.84$0.36
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $1M-$5M nonprofits