Civic Intelligence

Wiley University

990 • Fiscal year 2016 • EIN 75-0818183

Jul 01, 2015 to Jun 30, 2016 • Filed on Apr 30, 2017

711 Wiley AvenueMarshall, TX 75670-5199

(903) 927-3200

Siviq Scores

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

Liabilities / Assets

78th percentile

0.68x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

77th percentile

1.35x

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

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

42nd percentile

0.6%

Higher net margin than 42% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

34th percentile

$262,457

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

30th percentile

-1.8%

Faster asset growth than 30% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-5.9%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Assets

Down

$51,702,482

Down $974,399 (-1.8%) from 2015

Net Assets

Up

$16,772,107

Up $136,387 (+0.8%) from 2015

Liabilities

Down

$34,930,375

Down $1,110,786 (-3.1%) from 2015

Revenue

Down

$25,874,081

Down $1,612,253 (-5.9%) from 2015

Expenses

Down

$25,718,328

Down $1,437,706 (-5.3%) from 2015

Net Income

Down

$155,753

Down $174,547 (-53%) from 2015

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

2016

Assets$51,702,482
Liabilities$34,930,375
Net Assets$16,772,107

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

2016

Revenue$25,874,081
Expenses$25,718,328
Net Income$155,753
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Apr 30, 2017
Return Version
2015v3.0
Gross Receipts
$25,874,081
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$33,578,178$33,370,156▼ $208,022
Other Notes and Loans Receivable, Net$5,012,485$5,066,990▲ $54,505
Accounts Receivable$5,616,646$4,963,698▼ $652,948
Pledges and Grants Receivable$1,953,260$2,094,655▲ $141,395
Investments Program Related$1,328,587$1,338,114▲ $9,527
Investments in Publicly Traded Securities$1,072,057$1,122,434▲ $50,377
Cash and Non-Interest-Bearing Accounts$1,067,031$257,736▼ $809,295
Prepaid Expenses and Deferred Charges$121,023$123,973▲ $2,950
Intangible Assets$125,000$100,000▼ $25,000
Total Assets$52,676,881$51,702,482▼ $974,399
Other Assets Total$2,802,614$3,264,726▲ $462,112
Liabilities
Tax Exempt Bond Liabilities$23,677,689$23,196,232▼ $481,457
Other Liabilities$5,245,758$5,150,099▼ $95,659
Accounts Payable and Accrued Expenses$2,536,939$4,083,256▲ $1,546,317
Mortgage Notes Payable Secured by Investment Property$2,161,688$1,325,861▼ $835,827
Unsecured Notes Loans Payable$2,419,087$1,174,927▼ $1,244,160
Total Liabilities$36,041,161$34,930,375▼ $1,110,786
Net Assets / Fund Balance
Unrestricted Net Assets$9,574,104$9,634,757▲ $60,653
Permanently Rstr Net Assets$6,933,066$7,032,564▲ $99,498
Temporarily Rstr Net Assets$128,550$104,786▼ $23,764
Total Net Assets Fund Balance$16,635,720$16,772,107▲ $136,387
Total Liabilities and Net Assets / Fund Balance$52,676,881$51,702,482▼ $974,399

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,433,338$13,001,289$36,434,627
Equipment$4,204,344$8,644,945$12,849,289
Other Land Buildings$4,604,641$4,256,827$8,861,468
Land$1,127,833-$1,736,728
Other Assets Org$768--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$6,933,066$99,498--$7,032,564
2014$6,873,048$60,018--$6,933,066
2013$6,800,263$72,785--$6,873,048
2012$6,211,319$588,944--$6,800,263
2011$6,032,689$178,630--$6,211,319
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Haywood L StricklandPresident and CEOFT$253,980$8,477$262,457
Dr Glenda CarterExecutive Vice President/ProvostFT$144,007$4,172$148,179
Dr Joseph MoraleVice President for Student Affairs and EnrollmentFT$111,047$3,183$114,230
Dr James C BattenVice President for Business and FinanceFT$94,957$2,700$97,657
Mr Anthony HollomanVice President for Institutional AdvancementFT$36,446$1,050$37,496

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
ABL Educational Enterprise IncFood ServiceP O Box 613128, Memphis, TN 38101-3128$1,763,428
Interstate Restoration LLCDisaster Recovery3401 Quorum Drive, Fort Worth, TX 76137$537,103
iCore Networks IncCommunication Services7900 Westpark Drive Suite A-315, McLean, VA 22101$392,801
Izaias JaimesConstruction Contractor240 Pinecrest Drive, Marshall, TX 75670$274,686
All Elements Heating & Air LLCHVAC Contractor3623 South Garrett Street, Marshall, TX 75672$196,016
Revenue and Support

Revenue Composition

Contributions and Grants
$6,083,004
Program Service Revenue
$18,021,472
Investment Income
$14,369
Other Revenue
$1,755,236
All Other Contributions
$2,514,747
Change in Net Assets
$155,753

Audited Revenue Reconciliation

Revenue per Audited Statements
$25,874,081
Revenue Not Reported on Form 990
$-19,366
Total Revenue per Audited Statements
$25,854,715
Total Revenue per Form 990
$25,874,081
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$20,946,957
Grants and Similar Amounts Paid$4,107,289
Salaries, Compensation, and Employee Benefits$664,082
Total Fundraising Expense$238,638
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$1,227,662$4,961,506$238,638$6,427,806
Grants to Domestic Individuals$4,107,289--$4,107,289
All Other Expenses$3,777,557--$3,777,557
Current Officers, Directors, Trustees, and Key Employees-$664,082-$664,082
Total Functional Expenses$19,558,101$5,921,589$238,638$25,718,328

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,718,328
Total Expenses per Audited Statements$25,718,328
Total Expenses per Form 990$25,718,328
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$4,761,371
Deposit Liability$282,249
Federal income taxes$87,389
Capital Lease Obligation$19,090
Payable to Endowment-
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 return, 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 complete and sign a disclosure form annually, either disclosing conflicts of interest or indicating that none exist. 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 of vote must abstain from voting. The Colleges audit commitee 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 providing a recommendation to the Executive Commitee 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, conflict of interest policy, 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

Filer Name
Wiley College
EIN
75-0818183
Phone
9039273200
Address
711 Wiley Avenue, Marshall, TX 75670-5199

Signing Officer

Name
Dr James Batten
Title
VP for Business and Finance
Signed
2017-04-30
Discuss with paid preparer
Yes

Organization Details

Formed
1905
Legal Domicile
TX
Voting Board Members
25
Independent Board Members
24
Employees
796
Volunteers
80

Preparer

Firm
Murphy and Company PC
Address
1475 Klondike Road Suite 100, Conyers, GA 30094
Preparer
Dane Alexander
Phone
4048740555
Supplemental Narrative

Financial Statement Notes

V 4

The endowment funds are considered permanently restricted. The College does not intend to use the funds.

X 2

The Colleges policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more-likely-than-not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as June 30, 2016. Accordingly, no liability has been accrued.

III 4

The campus of Wiley College is home to a host of historical documents, civil rights artifacts and urban treasures. Many of the items are on display for public exhibition, but also for the education of future generations of college students.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Attorney Walter L Sutton Jr PhD
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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/PersonNm26Dr Lee Aggison
IRS990/Form990PartVIISectionAGrp/PersonNm27Dr Joseph Morale
IRS990/Form990PartVIISectionAGrp/PersonNm28Dr James C Batten
IRS990/Form990PartVIISectionAGrp/PersonNm29Mr Anthony Holloman
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt24President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt25Executive Vice President/Provost
IRS990/Form990PartVIISectionAGrp/TitleTxt26Vice President Academic Affairs
IRS990/Form990PartVIISectionAGrp/TitleTxt27Vice President for Student Affairs and Enrollment
IRS990/Form990PartVIISectionAGrp/TitleTxt28Vice President for Business and Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt29Vice 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