Civic Intelligence

Wiley University

990 • Fiscal year 2014 • EIN 75-0818183

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 16, 2015

711 Wiley Avenue75670-5199

(903) 927-3200

Siviq Scores

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

Liabilities / Assets

79th percentile

0.69x

Higher debt load relative to assets than 79% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

77th percentile

1.34x

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

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

17th percentile

-4.7%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

56th percentile

$356,749

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

56th percentile

6.5%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

2.4%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2011 to 2014

Assets

Up

$52,509,986

Up $3,215,965 (+6.5%) from 2013

Net Assets

Down

$16,441,157

Down $2,381,105 (-13%) from 2013

Liabilities

Up

$36,068,829

Up $5,597,070 (+18%) from 2013

Revenue

$26,969,325

No earlier filing loaded for comparison.

Expenses

Down

$28,239,655

Down $509,009 (-1.8%) from 2013

Net Income

-$1,270,330

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $25,127,507Liabilities 2010: $9,502,333Net Assets 2010: $15,625,1742010Assets 2011: $28,405,150Liabilities 2011: $10,724,618Net Assets 2011: $17,680,5322011Assets 2012: $38,821,710Liabilities 2012: $20,801,550Net Assets 2012: $18,020,1602012Assets 2013: $49,294,021Liabilities 2013: $30,471,759Net Assets 2013: $18,822,2622013Assets 2014: $52,509,986Liabilities 2014: $36,068,829Net Assets 2014: $16,441,1572014Assets 2015: $52,676,881Liabilities 2015: $36,041,161Net Assets 2015: $16,635,7202015Assets 2016: $51,702,482Liabilities 2016: $34,930,375Net Assets 2016: $16,772,1072016Assets 2017: $48,359,921Liabilities 2017: $36,561,096Net Assets 2017: $11,798,8252017Assets 2018: $48,536,373Liabilities 2018: $37,214,556Net Assets 2018: $11,321,8172018Assets 2019: $48,178,364Liabilities 2019: $39,576,148Net Assets 2019: $8,602,2162019Assets 2020: $47,591,110Liabilities 2020: $38,677,059Net Assets 2020: $8,914,0512020Assets 2022: $49,150,423Liabilities 2022: $14,781,600Net Assets 2022: $34,368,8232022Assets 2023: $48,741,151Liabilities 2023: $13,256,581Net Assets 2023: $35,484,5702023Assets 2024: $50,446,262Liabilities 2024: $18,640,690Net Assets 2024: $31,805,5722024

Highlighted filing

2014

Assets$52,509,986
Liabilities$36,068,829
Net Assets$16,441,157

Operations Trend

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

$40M$20M$0-$20MExpenses 2010: $20,611,7362010Revenue 2011: $25,144,866Expenses 2011: $23,657,469Net Income 2011: $1,487,3972011Expenses 2012: $26,933,3582012Expenses 2013: $28,748,6642013Revenue 2014: $26,969,325Expenses 2014: $28,239,655Net Income 2014: -$1,270,3302014Revenue 2015: $27,486,334Expenses 2015: $27,156,034Net Income 2015: $330,3002015Revenue 2016: $25,874,081Expenses 2016: $25,718,328Net Income 2016: $155,7532016Revenue 2017: $25,344,195Expenses 2017: $29,959,344Net Income 2017: -$4,615,1492017Revenue 2018: $29,083,818Expenses 2018: $29,649,595Net Income 2018: -$565,7772018Revenue 2019: $22,162,724Expenses 2019: $24,882,325Net Income 2019: -$2,719,6012019Revenue 2020: $22,498,532Expenses 2020: $22,186,697Net Income 2020: $311,8352020Revenue 2022: $11,007,264Expenses 2022: $23,147,068Net Income 2022: -$12,139,8042022Revenue 2023: $22,682,132Expenses 2023: $21,566,386Net Income 2023: $1,115,7462023Revenue 2024: $15,877,738Expenses 2024: $19,556,736Net Income 2024: -$3,678,9982024

Highlighted filing

2014

Revenue$26,969,325
Expenses$28,239,655
Net Income-$1,270,330
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 16, 2015
Return Version
2013v4.0
Gross Receipts
$26,969,325
Mission and Program Overview

Mission

Provide a liberal arts education with globally focused endeavors to provide an intellectually stimulating environment, promoting student competencies in communication, as well as critical and analytical thinking.

Provide a liberal arts education with a global focus endeavors to provide an intellectually stimulating environment, promoting student competencies in communication, as well as critical and analytical thinking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,325,110$34,765,802▲ $3,440,692
Other Notes and Loans Receivable, Net$1,441,171$5,203,465▲ $3,762,294
Accounts Receivable$3,608,368$3,619,757▲ $11,389
Pledges and Grants Receivable$4,303,465$3,371,882▼ $931,583
Investments in Publicly Traded Securities$5,239,858$1,392,832▼ $3,847,026
Cash and Non-Interest-Bearing Accounts$871,464$946,665▲ $75,201
Prepaid Expenses and Deferred Charges$561,400$580,815▲ $19,415
Investments Other Securities$334,003$512,720▲ $178,717
Intangible Assets$175,000$150,000▼ $25,000
Total Assets$49,377,246$52,509,986▲ $3,132,740
Other Assets Total$1,517,407$1,966,048▲ $448,641
Liabilities
Tax Exempt Bond Liabilities$22,037,565$24,086,760▲ $2,049,195
Other Liabilities$1,707,532$5,503,292▲ $3,795,760
Accounts Payable and Accrued Expenses$4,559,011$4,113,207▼ $445,804
Mortgage Notes Payable Secured by Investment Property$1,722,651$1,565,620▼ $157,031
Unsecured Notes Loans Payable$1,639,000$799,950▼ $839,050
Total Liabilities$31,665,759$36,068,829▲ $4,403,070
Net Assets / Fund Balance
Unrestricted Net Assets$10,836,488$9,466,851▼ $1,369,637
Permanently Rstr Net Assets$6,800,263$6,873,048▲ $72,785
Temporarily Rstr Net Assets$74,736$101,258▲ $26,522
Total Net Assets Fund Balance$17,711,487$16,441,157▼ $1,270,330
Total Liabilities and Net Assets / Fund Balance$49,377,246$52,509,986▲ $3,132,740

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,297,755$11,989,114$36,286,869
Equipment$4,899,569$7,670,842$12,570,411
Other Land Buildings$4,421,185$3,444,081$7,865,266
Land$1,147,293-$1,675,192

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$6,800,263$72,785--$6,873,048
2012$5,211,319$588,944--$5,800,263
2011$6,032,689$178,630--$6,211,319
2010$5,893,923$272,268▼ $133,502-$6,032,689
2009$5,530,249$87,114▲ $276,560-$5,893,923
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Haywood L StricklandPresident and CEOFT$246,464$110,285$356,749
Dr Glenda CarterExecutive Vice President/ProvostFT$139,050-$139,050
Mrs Willie HugheyVice President Business/FinanceFT$135,960-$135,960
Dr Joseph MoraleVice President Student Affairs/Enrollment ServicesFT$106,090-$106,090
Dr Lee AggisonVice President Academic AffairsFT$100,000-$100,000
Dr Suzanne Mayo-TheusVice President Institutional AdvancementFT$100,000-$100,000
Ms Pamela PressleyControllerFT$92,700-$92,700
Mr Nathaniel E Hewitt IIIVice President Information System/Technology/AdjunctFT$85,000-$85,000
Mrs Karen HeltonDirector of Sponsored Programs/Asst. to PresidentFT$83,625-$83,625
Dr Isaac W SandersAssociate Vice President for Institutional AdvancementFT$82,400-$82,400

Highest Paid Contractors

ContractorServicesLocationCompensation
ABL Educational Enterprise IncFood Service-$2,724,056
Mosby Mechanical Co IncConstruction Contractor-$659,700
Steadfast Concrete IncConstruction Contractor-$561,232
Closkey General Contractors IncConstruction Contractor-$345,132
Tyler Steel CompanyConstruction Contractor-$327,967
Revenue and Support

Revenue Composition

Contributions and Grants
$4,814,244
Program Service Revenue
$21,237,484
Investment Income
$870,689
Other Revenue
$46,908
All Other Contributions
$1,998,045
Change in Net Assets
$-1,270,330

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
Other Non Cash Contri Table1$170,440Fair Market Value (FMV)
Books and Publications-$40,000Fair Market Value (FMV)
Other Non Cash Contri Table1$36,234Fair Market Value (FMV)
Total Noncash Contributions2$246,674-

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,969,325
Total Revenue per Audited Statements
$26,969,325
Total Revenue per Form 990
$26,969,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,690,856
Grants and Similar Amounts Paid$4,377,510
Salaries, Compensation, and Employee Benefits$1,171,289
Total Fundraising Expense$407,391
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$855,141$4,171,108$407,391$5,433,640
All Other Expenses$4,586,140--$4,586,140
Grants to Domestic Individuals$4,377,510--$4,377,510
Current Officers, Directors, Trustees, and Key Employees-$1,171,289-$1,171,289
Total Functional Expenses$21,777,432$6,054,832$407,391$28,239,655

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$28,239,655
Total Expenses per Form 990$28,239,655
Total Expenses per Audited Statements$27,147,434
Expenses Not Reported on Form 990$-1,092,221
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
Advances from U.S. Government for Student Loans$4,911,966
Deposit Liability$262,815
Federal income taxes$254,984
Capital Lease Obligation$73,527
Payable to Endowment-

Bond Issues

BondIssuerIssuedIssue PricePurpose
A27-04431932011-04-08$24,400,000Capital Improvements

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$22,873,824--$470,777

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
Yes
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
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 11A

The College presents the Form 990 to its finance/audit committee for review when the form is ready. Depending on when the committee meets and the due date of the form, the Form 990 is either modified before it is filed or an amendment is filed for any changes required by the finance/audit committee review.

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

Trustees are required to disclose at the next convening Board of Trustees meeting any conflicts of interest. Board members with a conflict of interest on a matter for vote must abstain from voting. The Colleges audit committee is responsible for ensuring adherence to the policy.

Form 990, Part VI, Section B, Line 15A

The Board of Trustees, based on predetermined areas of performance evaluate the work of the President annually. The Boards Evaluation and Compensation Committee evaluates the performance. When additional compensation is deemed appropriate, a review of salaries at peer institutions is conducted to assist in arriving at a recommendation to the Executive Committee for approval.

Form 990, Part VI, Section B, Line 15B

Compensation for top officers of the College are at the discretion of the President. This discretion is based on 1 previous salary history, 2 market data from the CUPA survey published by the Chronicle of Higher Education, and 3 the bargaining process.

Form 990, Part VI, Section C, Line 19

The College makes its governing documents, conflicts of interest, and financial statements available to the public upon request. To obtain copies, contact the business office and submit a request identifying the specific documents.

Filing and Contact Details

Filer

EIN
75-0818183
Phone
9039273200

Signing Officer

Name
Dr James Batten
Title
VP for Business and Finance
Signed
2015-02-16
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
TX
Voting Board Members
25
Independent Board Members
24
Employees
790
Volunteers
79

Preparer

Preparer
Dane Alexander
Phone
4048740555
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 5

Realized and unrealized gains losses on investments.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Attorney Walter L Sutton Jr PhD
IRS990/Form990PartVIISectionAGrp/PersonNm1Mr Jerry Cargill
IRS990/Form990PartVIISectionAGrp/PersonNm2Attorney Billy R Casey
IRS990/Form990PartVIISectionAGrp/PersonNm3Mr Warren Scott
IRS990/Form990PartVIISectionAGrp/PersonNm4Mrs Kathryn Hegwood Hill
IRS990/Form990PartVIISectionAGrp/PersonNm5Mr Richard Foppe Hodge Sr
IRS990/Form990PartVIISectionAGrp/PersonNm6Mrs Claudia S Rimes
IRS990/Form990PartVIISectionAGrp/PersonNm7Reverend William R Taylor
IRS990/Form990PartVIISectionAGrp/PersonNm8Mr Nolan Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm9Dr Rod Fluker
IRS990/Form990PartVIISectionAGrp/PersonNm10Bishop Janice Riggle Huie
IRS990/Form990PartVIISectionAGrp/PersonNm11Reverend B T Williamson
IRS990/Form990PartVIISectionAGrp/PersonNm12Judge Richard Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm13Dr Beverley V Baxter
IRS990/Form990PartVIISectionAGrp/PersonNm14Dr Donald L GIbson
IRS990/Form990PartVIISectionAGrp/PersonNm15Dr Robert McGee
IRS990/Form990PartVIISectionAGrp/PersonNm16Mr Wilbert Lee Pegues
IRS990/Form990PartVIISectionAGrp/PersonNm17Dr James Perkins
IRS990/Form990PartVIISectionAGrp/PersonNm18Mrs Patsy Ponder
IRS990/Form990PartVIISectionAGrp/PersonNm19Mr Calvin Stamps
IRS990/Form990PartVIISectionAGrp/PersonNm20Mr Derek L Stovall-Leonard
IRS990/Form990PartVIISectionAGrp/PersonNm21Mr John Frank Strauss
IRS990/Form990PartVIISectionAGrp/PersonNm22Dr Herman Lavon Totten
IRS990/Form990PartVIISectionAGrp/PersonNm23Mr John Walker
IRS990/Form990PartVIISectionAGrp/PersonNm24Dr Haywood L Strickland
IRS990/Form990PartVIISectionAGrp/PersonNm25Dr Glenda Carter
IRS990/Form990PartVIISectionAGrp/PersonNm26Mrs Willie Hughey
IRS990/Form990PartVIISectionAGrp/PersonNm27Dr Joseph Morale
IRS990/Form990PartVIISectionAGrp/PersonNm28Dr Lee Aggison
IRS990/Form990PartVIISectionAGrp/PersonNm29Dr Suzanne Mayo-Theus
IRS990/Form990PartVIISectionAGrp/PersonNm30Ms Pamela Pressley
IRS990/Form990PartVIISectionAGrp/PersonNm31Mr Nathaniel E Hewitt III
IRS990/Form990PartVIISectionAGrp/PersonNm32Mrs Karen Helton
IRS990/Form990PartVIISectionAGrp/PersonNm33Dr Isaac W Sanders
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member at Large
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member at Large
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt24President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt25Executive Vice President/Provost
IRS990/Form990PartVIISectionAGrp/TitleTxt26Vice President Business/Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt27Vice President Student Affairs/Enrollment Services
IRS990/Form990PartVIISectionAGrp/TitleTxt28Vice President Academic Affairs
IRS990/Form990PartVIISectionAGrp/TitleTxt29Vice President Institutional Advancement
IRS990/Form990PartVIISectionAGrp/TitleTxt30Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt31Vice President Information System/Technology/Adjunct
IRS990/Form990PartVIISectionAGrp/TitleTxt32Director of Sponsored Programs/Asst. to President
IRS990/Form990PartVIISectionAGrp/TitleTxt33Associate Vice President for Institutional Advancement
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$50.4$18.6$31.8$15.9$19.6$3.68
2023Detailed filing. Detailed filing data is available for this year.$48.7$13.3$35.5$22.7$21.6$1.12
2022Detailed filing. Detailed filing data is available for this year.$49.2$14.8$34.4$11.0$23.1$12.1
2020Detailed filing. Detailed filing data is available for this year.$47.6$38.7$8.91$22.5$22.2$0.31
2019Detailed filing. Detailed filing data is available for this year.$48.2$39.6$8.60$22.2$24.9$2.72
2018Detailed filing. Detailed filing data is available for this year.$48.5$37.2$11.3$29.1$29.6$0.57
2017Detailed filing. Detailed filing data is available for this year.$48.4$36.6$11.8$25.3$30.0$4.62
2016Detailed filing. Detailed filing data is available for this year.$51.7$34.9$16.8$25.9$25.7$0.16
2015Detailed filing. Detailed filing data is available for this year.$52.7$36.0$16.6$27.5$27.2$0.33
2014Detailed filing. Detailed filing data is available for this year.$52.5$36.1$16.4$27.0$28.2$1.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.3$30.5$18.8$28.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.8$20.8$18.0$26.9
2011Summary only. Only limited summary data is available for this year.$28.4$10.7$17.7$25.1$23.7$1.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.1$9.50$15.6$20.6