Civic Intelligence

Wiley University

990 • Fiscal year 2018 • EIN 75-0818183

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 15, 2018

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

85th percentile

0.77x

Higher debt load relative to assets than 85% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

1.28x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

25th percentile

-1.9%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

54th percentile

$265,635

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

40th percentile

0.4%

Faster asset growth than 40% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

72nd percentile

15%

Faster revenue growth than 72% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$48,536,373

Up $176,452 (+0.4%) from 2017

Net Assets

Down

$11,321,817

Down $477,008 (-4.0%) from 2017

Liabilities

Up

$37,214,556

Up $653,460 (+1.8%) from 2017

Revenue

Up

$29,083,818

Up $3,739,623 (+15%) from 2017

Expenses

Down

$29,649,595

Down $309,749 (-1.0%) from 2017

Net Income

Up

-$565,777

Up $4,049,372 (+88%) from 2017

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

2018

Assets$48,536,373
Liabilities$37,214,556
Net Assets$11,321,817

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

2018

Revenue$29,083,818
Expenses$29,649,595
Net Income-$565,777
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$29,083,818
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,311,935$32,631,287▼ $680,648
Other Notes and Loans Receivable, Net$5,260,358$5,111,794▼ $148,564
Accounts Receivable$3,708,871$4,008,314▲ $299,443
Pledges and Grants Receivable$1,213,474$1,442,428▲ $228,954
Investments Program Related$1,338,114$1,338,114→ $0
Investments in Publicly Traded Securities$1,103,490$1,174,556▲ $71,066
Cash and Non-Interest-Bearing Accounts$37,383$299,015▲ $261,632
Prepaid Expenses and Deferred Charges$108,822$64,859▼ $43,963
Intangible Assets$75,000$50,000▼ $25,000
Total Assets$48,359,921$48,536,373▲ $176,452
Other Assets Total$2,202,474$2,416,006▲ $213,532
Liabilities
Tax Exempt Bond Liabilities$22,274,805$21,660,188▼ $614,617
Accounts Payable and Accrued Expenses$5,112,463$5,652,679▲ $540,216
Other Liabilities$5,644,110$5,502,910▼ $141,200
Unsecured Notes Loans Payable$2,428,857$3,304,375▲ $875,518
Mortgage Notes Payable Secured by Investment Property$1,100,861$1,094,404▼ $6,457
Total Liabilities$36,561,096$37,214,556▲ $653,460
Net Assets / Fund Balance
Permanently Rstr Net Assets$7,084,514$7,165,162▲ $80,648
Unrestricted Net Assets$4,554,051$4,025,838▼ $528,213
Temporarily Rstr Net Assets$160,260$130,817▼ $29,443
Total Net Assets Fund Balance$11,798,825$11,321,817▼ $477,008
Total Liabilities and Net Assets / Fund Balance$48,359,921$48,536,373▲ $176,452

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$23,233,968$14,511,421$37,745,389
Equipment$2,460,631$11,084,839$13,545,470
Other Land Buildings$6,684,003$4,145,036$10,829,039
Land$252,685-$252,685

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$7,084,514$80,648--$7,165,162
2016$7,032,564$51,950--$7,084,514
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Haywood L StricklandPresident and CEOFT$257,170$8,465$265,635
Dr Glenda CarterExecutive Vice PresidentFT$146,220$5,109$151,329
Mr Antonio BoyleVice President for Enrollment ServicesFT$114,505$1,925$116,430
Dr Gloria P JamesProvost/Vice President Academic AffairsFT$110,774-$110,774
Dr Joseph MoraleSenior Vice President for Student Affairs and Retention ServicesFT$106,949$3,183$110,132
Dr Charles SmithSenior Executive Assistant to the President/Chief of StaffFT$100,842$3,000$103,842
Dr James C BattenVice President for Business and FinanceFT$90,749$225$90,974
Mrs Karen HeltonDirector of Sponsored Programs/Special Assistant to the President/FT$90,707-$90,707

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Aladdin Food Management ServicesFood Service300 South Tryon Street Suite 400, Charlotte, NC 28202$4,867,025
JenzabarSoftware ServicesP O Box 55018, Boston, MA 02205-5018$364,397
All Elements Heating & Air LLCHVAC Contractor3623 South Garrett Street, Marshall, TX 75672$360,009
ABL Educational Enterprises IncFood ServiceP O Box 40486, Baton Rouge, LA 70835$349,459
American Prison Data Systems PBCSoftware Services601 West 26th Street Suite 325, New York, NY 10001$221,900
Revenue and Support

Revenue Composition

Contributions and Grants
$7,750,600
Program Service Revenue
$21,231,821
Investment Income
$6,917
Other Revenue
$94,480
All Other Contributions
$5,150,034
Change in Net Assets
$-565,777

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,083,818
Revenue Not Reported on Form 990
$88,769
Total Revenue per Audited Statements
$29,172,587
Total Revenue per Form 990
$29,083,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,249,355
Grants and Similar Amounts Paid$4,360,417
Salaries, Compensation, and Employee Benefits$1,039,823
Total Fundraising Expense$160,791
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$910,823$8,630,911$160,791$9,702,525
Grants to Domestic Individuals$4,360,417--$4,360,417
All Other Expenses$3,245,996--$3,245,996
Current Officers, Directors, Trustees, and Key Employees-$1,039,823-$1,039,823
Total Functional Expenses$19,288,213$10,200,591$160,791$29,649,595

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$29,649,595
Total Expenses per Audited Statements$29,649,595
Total Expenses per Form 990$29,649,595
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$4,819,562
Federal income taxes$377,318
Deposit Liability$304,030
Capital Lease Obligation$2,000
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. Trustees with a conflict of interest on a matter of 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, evaluates 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 Committee for approval.

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

Compensation for top officers of the College is at the discretion of the President. This discretion is based on 1 previous salary history, 2 market data from 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
Mr George Stiell
Title
VP for Business and Finance
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1905
Legal Domicile
TX
Voting Board Members
26
Independent Board Members
25
Employees
738
Volunteers
74

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 is no such position as of June 30, 2018. Accordingly, no liability has been accrued.

III 4

The campus of Wiley College is home to a host of historical documents, civil 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
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/PersonNm7Rev Chuck Huffman
IRS990/Form990PartVIISectionAGrp/PersonNm8Mr Nolan Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm9Mrs Gloria D Larry
IRS990/Form990PartVIISectionAGrp/PersonNm10Bishop Scott J Jones
IRS990/Form990PartVIISectionAGrp/PersonNm11Rev B T Williamson
IRS990/Form990PartVIISectionAGrp/PersonNm12Judge Richard Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm13Dr Beverley V Baxter
IRS990/Form990PartVIISectionAGrp/PersonNm14Dr Robert McGee
IRS990/Form990PartVIISectionAGrp/PersonNm15Mr Wilbert Lee Pegues
IRS990/Form990PartVIISectionAGrp/PersonNm16Dr James Perkins
IRS990/Form990PartVIISectionAGrp/PersonNm17Mrs Patsy Ponder
IRS990/Form990PartVIISectionAGrp/PersonNm18Mr Calvin Stamps
IRS990/Form990PartVIISectionAGrp/PersonNm19Mr Derek L Stovall-Leonard
IRS990/Form990PartVIISectionAGrp/PersonNm20Mr John Frank Strauss
IRS990/Form990PartVIISectionAGrp/PersonNm21Dr Herman Lavon Totten
IRS990/Form990PartVIISectionAGrp/PersonNm22Mr John Walker
IRS990/Form990PartVIISectionAGrp/PersonNm23Dr Haywood L Strickland
IRS990/Form990PartVIISectionAGrp/PersonNm24Dr Robert E Childress
IRS990/Form990PartVIISectionAGrp/PersonNm25Dr Nathaniel Parker
IRS990/Form990PartVIISectionAGrp/PersonNm26Dr Herman J Felton Jr
IRS990/Form990PartVIISectionAGrp/PersonNm27Dr Glenda Carter
IRS990/Form990PartVIISectionAGrp/PersonNm28Dr Gloria P James
IRS990/Form990PartVIISectionAGrp/PersonNm29Dr Joseph Morale
IRS990/Form990PartVIISectionAGrp/PersonNm30Dr James C Batten
IRS990/Form990PartVIISectionAGrp/PersonNm31Mr Antonio Boyle
IRS990/Form990PartVIISectionAGrp/PersonNm32Dr Charles Smith
IRS990/Form990PartVIISectionAGrp/PersonNm33Mrs Karen Helton
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Member at Large
IRS990/Form990PartVIISectionAGrp/TitleTxt6Member at Large
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt24Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt25Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt26President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt27Executive Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt28Provost/Vice President Academic Affairs
IRS990/Form990PartVIISectionAGrp/TitleTxt29Senior Vice President for Student Affairs and Retention Services
IRS990/Form990PartVIISectionAGrp/TitleTxt30Vice President for Business and Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt31Vice President for Enrollment Services
IRS990/Form990PartVIISectionAGrp/TitleTxt32Senior Executive Assistant to the President/Chief of Staff
IRS990/Form990PartVIISectionAGrp/TitleTxt33Director of Sponsored Programs/Special Assistant to the President/
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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