Civic Intelligence

South University Member Inc.

990 • Fiscal year 2022 • EIN 81-5128459

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 16, 2023

709 Mall BoulevardSavannah, GA 31406

(888) 444-3404

Siviq Scores

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

Liabilities / Assets

91st percentile

0.99x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.65x

Higher debt load relative to revenue than 61% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Net Margin

48th percentile

4.7%

Higher net margin than 48% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Top Officer Pay

53rd percentile

$494,271

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

97th percentile

88%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

19%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2021 to 2022

Assets

Up

$156,774,409

Up $73,284,329 (+88%) from 2021

Net Assets

Up

$1,674,397

Up $11,297,719 (+117%) from 2021

Liabilities

Up

$155,100,012

Up $61,986,610 (+67%) from 2021

Revenue

Up

$238,455,229

Up $37,793,887 (+19%) from 2021

Expenses

Up

$227,157,510

Up $31,751,108 (+16%) from 2021

Net Income

Up

$11,297,719

Up $6,042,779 (+115%) from 2021

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0-$50MAssets 2020: $77,423,940Liabilities 2020: $92,307,731Net Assets 2020: -$14,883,7912020Assets 2021: $83,490,080Liabilities 2021: $93,113,402Net Assets 2021: -$9,623,3222021Assets 2022: $156,774,409Liabilities 2022: $155,100,012Net Assets 2022: $1,674,3972022Assets 2023: $150,083,423Liabilities 2023: $135,552,432Net Assets 2023: $14,530,9912023Assets 2024: $156,264,687Liabilities 2024: $113,513,164Net Assets 2024: $42,751,5232024

Highlighted filing

2022

Assets$156,774,409
Liabilities$155,100,012
Net Assets$1,674,397

Operations Trend

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

$400M$300M$200M$100M$0-$100MRevenue 2020: $193,567,087Expenses 2020: $199,620,159Net Income 2020: -$6,053,0722020Revenue 2021: $200,661,342Expenses 2021: $195,406,402Net Income 2021: $5,254,9402021Revenue 2022: $238,455,229Expenses 2022: $227,157,510Net Income 2022: $11,297,7192022Revenue 2023: $266,735,187Expenses 2023: $253,880,393Net Income 2023: $12,854,7942023Revenue 2024: $305,449,830Expenses 2024: $277,229,298Net Income 2024: $28,220,5322024

Highlighted filing

2022

Revenue$238,455,229
Expenses$227,157,510
Net Income$11,297,719
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 16, 2023
Return Version
2022v5.0
Gross Receipts
$238,455,229
Mission and Program Overview

Mission

South university is an academic institution dedicated to providing educational opportunities for the intellectual, social, and professional development of a diverse student population. To achieve this purpose, the institution offers focused and balanced curricula at the associate's, baccalaureate, master's and doctoral levels. A broad-based core curriculum is offered, promoting critical thinking, effective verbal and written communication, and skills for life-long learning. Additionally, the university focuses on developing the requisites to pursue and appreciate knowledge. South university's approach to higher education and the resulting varied academic experiences provide students with the intellectual acumen and pragmatic approach necessary to create the foundation for personal and professional fulfillment. South university attempts to provide a comprehensive education that instills within its students a philosophy that values not only learning and professionalism, but also contribu

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$39,617,490$44,408,369▲ $4,790,879
Land, Buildings, and Equipment, Net$22,950,719$19,133,753▼ $3,816,966
Cash and Non-Interest-Bearing Accounts$3,339,064$15,435,777▲ $12,096,713
Intangible Assets$2,288,056$3,400,290▲ $1,112,234
Prepaid Expenses and Deferred Charges$2,002,326$2,112,972▲ $110,646
Savings and Temporary Cash Investments$11,622,156$1,235,011▼ $10,387,145
Total Assets$83,490,080$156,774,409▲ $73,284,329
Other Assets Total$1,670,269$71,048,237▲ $69,377,968
Liabilities
Other Liabilities$61,535,474$132,574,784▲ $71,039,310
Deferred Revenue$12,211,867$15,007,720▲ $2,795,853
Accounts Payable and Accrued Expenses$19,366,061$7,517,508▼ $11,848,553
Total Liabilities$93,113,402$155,100,012▲ $61,986,610
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-14,657,898$1,639,821▲ $16,297,719
Net Assets With Donor Restrictions$5,034,576$34,576▼ $5,000,000
Total Net Assets Fund Balance$-9,623,322$1,674,397▲ $11,297,719
Total Liabilities and Net Assets / Fund Balance$83,490,080$156,774,409▲ $73,284,329

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$14,907,330$12,733,953$27,641,283
Other Land Buildings$2,740,487$6,062,399$8,802,886
Equipment$1,485,936$6,783,107$8,269,043
Other Assets Org$71,048,237--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steven YohoChancellor & CEOFT$494,271$494,271
Alisa KrouseVc Student AffairsFT$188,986$188,986
Matthew GavlikAvc Student SuccessFT$181,187$181,187
Ricardo MendozaVc AdmissionsFT$178,997$178,997
Teresa HainesVc for Hr & ChroFT$176,409$176,409
Gilbert SingletaryVc Academic AffairsFT$162,527$162,527
Deana HendersonVc Financial AidFT$157,228$157,228
Kenneth BakerVP of MarketingFT$155,773$155,773
Ashley WeeksAvc AdmissionsFT$149,835$149,835
James CarusoTreasurerFT$149,521$149,521
Gregory ReedControllerFT$132,511$132,511

Board Members and Trustees

NameTitle
Adriann SaxBoard Member
Kathleen FarleyBoard Member
Maria RussBoard Member
Michael ColegroveBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$238,455,229
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$11,297,719

Audited Revenue Reconciliation

Revenue per Audited Statements
$212,112,096
Revenue Not Reported on Financial Statements
$26,343,133
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$26,343,133
Total Revenue per Audited Statements
$212,112,096
Total Revenue per Form 990
$238,455,229
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,156,817
Salaries, Compensation, and Employee Benefits$86,658,657
Grants and Similar Amounts Paid$26,342,036
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$77,595,241$7,704,998-$85,300,239
Advertising$38,094,147$3,782,646-$41,876,793
Grants to Domestic Individuals$26,342,036--$26,342,036
Other Expenses$18,660,049$1,901,810-$18,660,049
Occupancy$14,786,720$1,468,281-$16,255,001
Fees for Services Other$5,775,570$573,499-$6,349,069
Depreciation Depletion$6,248,116--$6,248,116
Interest-$3,713,292-$3,713,292
Current Officers, Directors, Trustees, and Key Employees$1,235,715$122,703-$1,358,418
Total Functional Expenses$207,890,281$19,267,229$0$227,157,510

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$227,157,510
Expenses per Audited Statements$200,815,474
Total Expenses per Audited Statements$200,815,474
Expenses Not Reported on Financial Statements$26,342,036
Other Expense Adjustments$26,342,036
Expenses Not Reported on Form 990$0
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
Right of Use Liabilities$80,068,571
Long Term Debt$44,095,133
Current Portion of Long Term Debt$7,737,963
Deferred Rent$673,117
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has a member.

Form 990, Part VI, Section B, Line 11B

Form 990 will be reviewed and approved by the finance team and ceo.

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

Each director, principal officer, and member of a committee with governing board delegated powers should annually sign a statement which affirms that person: (a) has received a copy of the conflicts of interest policy; (b) has read and understands the policy; (c) has agreed to comply with the policy; and (d) understands that the organization is charitable and that in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure that the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic review should be conducted at least annually. The periodic review should, at a minimum, include: (a) whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining; and (b) whether partnerships, joint ventures, and arrangements with management corporations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Part VI, Section B, Line 15

The board of trustees of south university develops the compensation arrangements for chief employed executives, officers, and key employees. The arrangements are reviewed and approved by the south university board or delegated commitee of the board. The process utilizes impartial decision makers, comparability data, and concurrent documentation in setting compensation.

Form 990, Part VI, Section C, Line 19

Governing documents can be made available upon request

Filing and Contact Details

Filer

Filer Name
South University-member LLC
EIN
81-5128459
Phone
8884443404
Address
709 MALL BOULEVARD, SAVANNAH, GA 31406

Signing Officer

Name
Steven Yoho
Title
Chancellor and CEO
Phone
8884443404
Signed
2023-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven Yoho
Formed
2017
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
4
Employees
2,308
Volunteers
0

Preparer

Firm
Symphona Llp
Address
118 PARK OF COMMERCE DR STE 200, SAVANNAH, GA 31405
Preparer
John a Vandaveer
Phone
9122381001
Supplemental Narrative

Additional Explanations

ORGANIZATION'S MISSION

South university is an academic institution dedicated to providing educational opportunities for the intellectual, social, and professional development of a diverse student population. To achieve this purpose, the institution offers focused and balanced curricula at the associate's, baccalaureate, master's and doctoral levels. A broad-based core curriculum is offered, promoting critical thinking, effective verbal and written communication, and skills for life-long learning. Additionally, the university focuses on developing the requisites to pursue and appreciate knowledge as well as a pursuit of lifelong learning. South university's approach to higher education and the resulting flexible academic experiences provide students with the intellectual insight and sensible approach necessary to create the foundation for personal and professional fulfillment. South university has a goal to provide a comprehensive education that instills within its students a philosophy that values not only learning and professionalism, but also contribution and commitment to the advancement of community. Believing that qualified individuals should have the privilege of formal academic training, south university welcomes those who seek educational challenges. To this end, the university provides a learning environment, both on campus and online, that helps students identify goals and the means to achieve them. With this philosophy in mind, students learn by interacting with a community of faculty, staff, and administration dedicated to south university's academic purpose.

FORM 990, PART XII, LINE 2C:

The committee has not changed its oversight or selection process.

Financial Statement Notes

PART X, LINE 2:

The university is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (irc) whereby only unrelated business income as defined by irc section 512(a)(1) of the irc is subject to federal income tax. There was no unrelated business income for the year ended december 31, 2022. Accordingly, no provision or liability for federal or state income taxes is recorded in these consolidated financial statements. The fasb requires management to annually evaluate the university's tax positions, including accounting for and measurement of uncertain tax positions. For the year ended december 31, 2022, management concluded that no uncertain tax positions had been taken that would require adjustment to or disclosure in the consolidated financial statements. With few exceptions, the organization is no longer subject to income tax examinations by federal, state, or local authorities for years before 2019 .

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and grants 21,572,631. Aid waivers and adjustments 4,769,405. Amount reported as change in net assets on audited financial statements 1,097.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and grants 21,572,631. Aid waivers and adjustments 4,769,405.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0SOUTH UNIVERSITY IS AN ACADEMIC INSTITUTION DEDICATED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR THE INTELLECTUAL, SOCIAL AND PROFESSIONAL DEVELOPMENT OF A DIVERSE STUDENT POPULATION. SOUTH UNIVERSITY IS RECOGNIZED AS A 501(C)(3) ENTITY BY THE INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY. SOUTH UNIVERSITY IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO AWARD ASSOCIATE, BACCALAUREATE, MASTERS AND DOCTORATE DEGREES. WITH 11 LOCATIONS IN ALABAMA, FLORIDA, GEORGIA, NORTH CAROLINA,SOUTH CAROLINA, TEXAS, AND VIRGINIA,SOUTH UNIVERSITY'S APPROACH TO HIGHER EDUCATION, AND THE RESULTING VARIED ACADEMIC EXPERIENCES, PROVIDES STUDENTS WITH THE PRAGMATIC APPROACH NECESSARY TO CREATE THE FOUNDATION FOR PERSONAL AND PROFESSIONAL FULFILLMENT. THE UNIVERSITY PROVIDES A LEARNING ENVIRONMENT, BOTH ON-CAMPUS AND ONLINE, THAT HELPS STUDENTS IDENTIFY GOALS AND THE MEANS TO ACHIEVE THEM. WITH THIS PHILOSOPHY IN MIND, STUDENTS CAN LEARN BY INTERACTING WITH A COMMUNITY OF FACULTY, STAFF AND ADMINISTRATION DEDICATED TO SOUTH UNIVERSITY'S ACADEMIC PURPOSE. SOUTH UNIVERSITY OFFERS ACADEMIC PROGRAMS ACROSS ITS 11 CAMPUSES AND THROUGH ONLINE PROGRAMS. THE UNIVERSITY'S ACADEMICS ARE ORGANIZED ACROSS FIVE COLLEGES: ARTS AND SCIENCES, BUSINESS, HEALTH PROFESSIONS, NURSING AND PUBLIC HEALTH, THEOLOGY - AND A SCHOOL OF PHARMACY.IN FALL 2022, A TOTAL OF 11,573 STUDENTS ENROLLED AT SOUTH UNIVERSITYCAMPUSES AND ONLINE WITH 79% WHO ATTEND FULLY ONLINE. MORE THAN 29% OFSTUDENTS ARE ENROLLED IN GRADUATE PROGRAMS. 67% OF STUDENTSARE FROM DIVERSE POPULATIONS - AND 79% OF STUDENTS ARE FEMALE.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHANCELLOR & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5VC STUDENT AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt6VC FOR HR & CHRO
IRS990/Form990PartVIISectionAGrp/TitleTxt7VC FINANCIAL AID
IRS990/Form990PartVIISectionAGrp/TitleTxt8VC ADMISSIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt9VC ACADEMIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt10AVC STUDENT SUCCESS
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt12AVC ADMISSIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt026342036
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt026342036
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt026342036
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0238455229
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt02288056
IRS990/IntangibleAssetsGrp/EOYAmt03400290
IRS990/InterestGrp/ManagementAndGeneralAmt03713292
IRS990/InterestGrp/TotalAmt03713292
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0725
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt025579459
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022950719
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019133753
IRS990/LandBldgEquipCostOrOtherBssAmt044713212
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NONE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-9623322
IRS990/NetAssetsOrFundBalancesEOYAmt01674397
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-14657898
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01639821
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01468281
IRS990/OccupancyGrp/ProgramServicesAmt014786720
IRS990/OccupancyGrp/TotalAmt016255001
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01670269
IRS990/OtherAssetsTotalGrp/EOYAmt071048237
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01901810
IRS990/OtherExpensesGrp/ProgramServicesAmt019152687
IRS990/OtherExpensesGrp/ProgramServicesAmt118660049
IRS990/OtherExpensesGrp/TotalAmt021054497
IRS990/OtherExpensesGrp/TotalAmt118660049
IRS990/OtherLiabilitiesGrp/BOYAmt061535474
IRS990/OtherLiabilitiesGrp/EOYAmt0132574784
IRS990/OtherOrganizationDsc0LLC
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07704998
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt077595241
IRS990/OtherSalariesAndWagesGrp/TotalAmt085300239
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02002326
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02112972
IRS990/PrincipalOfficerNm0STEVEN YOHO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER AUXILIARY SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0234809756
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13644376
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0234809756
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13644376
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt022189732
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt092952307
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0200661342
IRS990/PYRevenuesLessExpensesAmt05254940
IRS990/PYSalariesCompEmpBnftPaidAmt080264363
IRS990/PYTotalExpensesAmt0195406402
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0200661342
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt011297719
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0238455229
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011622156
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01235011
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01485936
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06783107
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08269043
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt026342036
IRS990ScheduleD/ExpensesSubtotalAmt0200815474
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt014907330
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt012733953
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt027641283
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt071048237
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSETS
IRS990ScheduleD/OtherExpensesNotIncludedAmt026342036
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02740487
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06062399
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08802886
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt044095133
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1673117
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27737963
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt380068571
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CURRENT PORTION OF LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3RIGHT OF USE LIABILITIES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt026343133
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt026343133
IRS990ScheduleD/RevenueSubtotalAmt0212112096
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) WHEREBY ONLY UNRELATED BUSINESS INCOME AS DEFINED BY IRC SECTION 512(A)(1) OF THE IRC IS SUBJECT TO FEDERAL INCOME TAX. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2022. ACCORDINGLY, NO PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES IS RECORDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE FASB REQUIRES MANAGEMENT TO ANNUALLY EVALUATE THE UNIVERSITY'S TAX POSITIONS, INCLUDING ACCOUNTING FOR AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. FOR THE YEAR ENDED DECEMBER 31, 2022, MANAGEMENT CONCLUDED THAT NO UNCERTAIN TAX POSITIONS HAD BEEN TAKEN THAT WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE, OR LOCAL AUTHORITIES FOR YEARS BEFORE 2019 .
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIPS AND GRANTS 21,572,631. AID WAIVERS AND ADJUSTMENTS 4,769,405. AMOUNT REPORTED AS CHANGE IN NET ASSETS ON AUDITED FINANCIAL STATEMENTS 1,097.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS AND GRANTS 21,572,631. AID WAIVERS AND ADJUSTMENTS 4,769,405.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019133753
IRS990ScheduleD/TotalBookValueOtherAssetsAmt071048237
IRS990ScheduleD/TotalExpensesPerForm990Amt0227157510
IRS990ScheduleD/TotalLiabilityAmt0132574784
IRS990ScheduleD/TotalRevenuePerForm990Amt0238455229
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0212112096
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0200815474
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd00
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SOUTH UNIVERSITY: 1. DRAWS STUDENTS FROM AN EXTENSIVE AREA, MORE THAN THE LOCAL COMMUNITY, AND 2. FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO ITS STUDENTS. WE SATISFY THE PUBLICITY REQUIREMENT BY INCLUDING A STATEMENT OF OUR RACIALLY NONDISCRIMINATORY POLICY IN ALL OUR BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS. ALSO, WE INCLUDE A REFERENCE TO OUR RACIALLY NONDISCRIMINATORY POLICY ON OUR WEBSITE AND IN OTHER WRITTEN ADVERTISING THAT WE USE TO INFORM PROSPECTIVE STUDENTS OF OUR PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1SOUTH UNIVERSITY - MEMBER DOES NOT SOLICIT CONTRIBUTIONS
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt2SOUTH UNIVERSITY PARTICIPATES IN THE FOLLOWING FEDERAL TITLE IV STUDENT FINANCIAL AID PROGRAMS: FEDERAL PELL, FSEOG, FEDERAL WORK STUDY, FEDERAL PERKINS LOAN AND VOCATIONAL REHABILITATION PROGRAMS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE E, PART I, LINE 6
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt021572631
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt14769405
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS AND GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1AID WAIVERS AND ADJUSTMENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt09170
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt13094
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL AWARDS GRANTS BASED UPON THE FOLLOWING: THE SCHOOL AWARDS SCHOLARSHIPS TO STUDENTS BASED ON MERIT AND FINANCIAL NEED. THE FINANCIAL AID OFFICE AND BUSINESS OFFICE HAS SPECIFIC CRITERIA THAT MUST BE MET IN AWARDING AID TO STUDENTS. THE CRITERIA FOR AWARDING AID IS DOCUMENTED BY THE FINANCIAL AID OFFICE. STUDENTS RECEIVING SCHOLARSHIPS AND FELLOWSHIPS ARE JUDGED WORTHY BY THE INSTITUTION'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED AND OTHER SIMILAR STANDARDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1, LINE 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0494271
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1188986
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2181187
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3178997

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