Civic Intelligence

Whitworth University

990 • Fiscal year 2014 • EIN 91-0473310

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 12, 2015

300 W Hawthorne Road99251

(509) 777-4225

Siviq Scores

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

Liabilities / Assets

50th percentile

0.35x

Higher debt load relative to assets than 50% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Liabilities / Revenue

69th percentile

0.81x

Higher debt load relative to revenue than 69% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Net Margin

42nd percentile

4.7%

Higher net margin than 42% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Top Officer Pay

18th percentile

$400,037

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2014

Asset Growth

52nd percentile

7.0%

Faster asset growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Flat

$275,488,332

Flat from 2014

Net Assets

Flat

$177,903,583

Flat from 2014

Liabilities

Flat

$97,584,749

Flat from 2014

Revenue

Flat

$120,113,617

Flat from 2014

Expenses

Flat

$114,460,027

Flat from 2014

Net Income

Flat

$5,653,590

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $204,464,085Liabilities 2010: $83,504,504Net Assets 2010: $120,959,5812010Assets 2011: $223,835,836Liabilities 2011: $78,771,688Net Assets 2011: $145,064,1482011Assets 2012: $247,032,756Liabilities 2012: $99,446,280Net Assets 2012: $147,586,4762012Assets 2013: $257,428,452Liabilities 2013: $98,782,715Net Assets 2013: $158,645,7372013Assets 2014: $275,488,332Liabilities 2014: $97,584,749Net Assets 2014: $177,903,5832014Assets 2014: $275,488,332Liabilities 2014: $97,584,749Net Assets 2014: $177,903,5832014Assets 2015: $280,248,856Liabilities 2015: $95,178,655Net Assets 2015: $185,070,2012015Assets 2016: $278,906,508Liabilities 2016: $94,764,725Net Assets 2016: $184,141,7832016Assets 2017: $293,527,059Liabilities 2017: $101,099,692Net Assets 2017: $192,427,3672017Assets 2018: $303,325,627Liabilities 2018: $97,838,558Net Assets 2018: $205,487,0692018Assets 2019: $310,186,327Liabilities 2019: $95,007,313Net Assets 2019: $215,179,0142019Assets 2020: $335,005,537Liabilities 2020: $114,789,884Net Assets 2020: $220,215,6532020Assets 2021: $388,239,999Liabilities 2021: $115,593,717Net Assets 2021: $272,646,2822021Assets 2022: $369,174,535Liabilities 2022: $113,749,497Net Assets 2022: $255,425,0382022Assets 2023: $369,290,279Liabilities 2023: $109,523,869Net Assets 2023: $259,766,4102023

Highlighted filing

2014

Assets$275,488,332
Liabilities$97,584,749
Net Assets$177,903,583

Operations Trend

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

$300M$200M$100M$0-$100MExpenses 2010: $86,350,9772010Expenses 2011: $93,767,6122011Expenses 2012: $98,851,7662012Expenses 2013: $107,013,5982013Revenue 2014: $120,113,617Expenses 2014: $114,460,027Net Income 2014: $5,653,5902014Revenue 2014: $120,113,617Expenses 2014: $114,460,027Net Income 2014: $5,653,5902014Revenue 2015: $124,614,028Expenses 2015: $118,616,272Net Income 2015: $5,997,7562015Revenue 2016: $128,866,190Expenses 2016: $124,768,769Net Income 2016: $4,097,4212016Revenue 2017: $132,364,141Expenses 2017: $128,214,211Net Income 2017: $4,149,9302017Revenue 2018: $136,975,730Expenses 2018: $128,239,006Net Income 2018: $8,736,7242018Revenue 2019: $145,297,240Expenses 2019: $140,535,961Net Income 2019: $4,761,2792019Revenue 2020: $142,477,497Expenses 2020: $148,129,279Net Income 2020: -$5,651,7822020Revenue 2021: $215,340,115Expenses 2021: $145,036,848Net Income 2021: $70,303,2672021Revenue 2022: $162,022,483Expenses 2022: $154,894,972Net Income 2022: $7,127,5112022Revenue 2023: $141,406,517Expenses 2023: $144,978,014Net Income 2023: -$3,571,4972023

Highlighted filing

2014

Revenue$120,113,617
Expenses$114,460,027
Net Income$5,653,590
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 12, 2015
Return Version
2013v4.0
Gross Receipts
$159,352,378
Mission and Program Overview

Mission

Since 1890, Whitworth has held fast to its founding mission of providing "an education of mind and heart" through rigorous intellectual inquiry guided by dedicated Christian scholars.

Since 1890, whitworth has held fast to its founding mission of providing "an education of mind and heart" through rigorous intellectual inquiry guided by dedicated christian scholars. Recognized as one of the top regional colleges and universities in the west, whitworth university has an enrollment of over 2,900 students as of the fall of 2013 and offers 60 undergraduate and graduate degree programs. In recent years, whitworth has enjoyed record levels of student enrollment and retention, the strongest financial position in the university's history, and increased external visibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$110,343,177$107,962,942▼ $2,380,235
Investments in Publicly Traded Securities$67,887,195$79,915,793▲ $12,028,598
Investments Other Securities$33,559,050$39,605,972▲ $6,046,922
Pledges and Grants Receivable$4,703,237$7,182,385▲ $2,479,148
Savings and Temporary Cash Investments$3,965,026$5,432,435▲ $1,467,409
Other Notes and Loans Receivable, Net$4,143,027$4,132,879▼ $10,148
Accounts Receivable$1,941,537$1,951,707▲ $10,170
Prepaid Expenses and Deferred Charges$536,183$1,029,354▲ $493,171
Inventories for Sale or Use$94,390$81,480▼ $12,910
Total Assets$257,428,452$275,488,332▲ $18,059,880
Other Assets Total$30,255,630$28,193,385▼ $2,062,245
Liabilities
Tax Exempt Bond Liabilities$80,342,931$79,109,279▼ $1,233,652
Accounts Payable and Accrued Expenses$9,114,732$8,739,251▼ $375,481
Other Liabilities$3,622,711$3,957,527▲ $334,816
Grants Payable$3,587,212$3,576,528▼ $10,684
Deferred Revenue$2,115,129$2,202,164▲ $87,035
Total Liabilities$98,782,715$97,584,749▼ $1,197,966
Net Assets / Fund Balance
Permanently Rstr Net Assets$67,277,978$72,611,235▲ $5,333,257
Unrestricted Net Assets$57,043,668$58,821,770▲ $1,778,102
Temporarily Rstr Net Assets$34,324,091$46,470,578▲ $12,146,487
Total Net Assets Fund Balance$158,645,737$177,903,583▲ $19,257,846
Total Liabilities and Net Assets / Fund Balance$257,428,452$275,488,332▲ $18,059,880

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$79,903,976$48,832,161$128,736,137
Other Land Buildings$15,493,498$9,883,899$25,377,397
Equipment$6,779,153$11,091,136$17,870,289
Land$5,786,315-$5,786,315
Other Assets Org$7,041,144--
Other Securities$257,464--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$108,080,939$5,122,928▲ $15,710,869-$125,935,087
2012$98,870,068$1,885,621▲ $10,036,245-$108,080,939
2011$99,247,149$4,484,148▼ $2,284,488-$98,870,068
2010$80,053,250$3,413,412▲ $18,082,616-$99,247,149
2009$73,923,116$3,080,981▲ $5,362,563-$80,053,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beck TaylorPresidentFT$279,352$120,685$400,037
Scott McquilkinVP for Institutional AdvanFT$154,783$89,258$244,041
Timothy WilkinsonDean, School of BusinessFT$150,663$59,339$210,002
Brian BenzelVP, Finance - Part YearFT$174,569$21,639$196,208
William RobinsonFormer PresidentFT$183,875$300$184,175
Noelle WiersmaAssociate ProfessorFT$126,985$34,293$161,278
Barbara SandersProfessorFT$136,000$17,614$153,614
Dennis SternerProfessorFT$131,600$16,854$148,454
Gerald GemmillVP, Finance - Part YearFT$26,865$3,894$30,759

Highest Paid Contractors

ContractorServicesLocationCompensation
Vandervert Construction INCConstruction-$1,837,819
Bhwi LLCAdvertising-$454,961
Edwards Lalone TravelTravel Agency-$434,962
Integrus Architecture PsConstruction-$386,733
Ruffalo Cody LLCConsultant-$347,448
Revenue and Support

Revenue Composition

Contributions and Grants
$14,796,752
Program Service Revenue
$100,981,841
Investment Income
$4,229,072
Other Revenue
$105,952
All Other Contributions
$8,584,614
Change in Net Assets
$5,653,590

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
Securities Publicly Traded8$491,250Fair Market Value
Other Non Cash Contri Table12$69,258Fair Market Value
Other Non Cash Contri Table1$17,600Fair Market Value
Other Non Cash Contri Table2$14,427Fair Market Value
Other Non Cash Contri Table1$9,000Fair Market Value
Books and Publications-$8,996Fair Market Value
Clothing and Household Goods-$1,565Fair Market Value
Total Noncash Contributions24$612,096-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$43,174,469
Grants and Similar Amounts Paid$40,232,654
Other Expenses$31,052,904
Total Fundraising Expense$3,109,084
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$40,232,654--$40,232,654
Other Salaries and Wages$21,716,762$9,411,759$897,784$32,026,305
Depreciation Depletion$5,902,616$1,349,393$148,001$7,400,010
Other Employee Benefits$4,175,498$1,869,626$186,963$6,232,087
Interest$4,017,473--$4,017,473
Occupancy$1,755,274$692,221$24,722$2,472,217
Office Expenses$1,452,340$892,832$35,713$2,380,885
Travel$1,008,855$818,293$419,235$2,246,383
Payroll Taxes$1,502,965$672,970$67,297$2,243,232
Pension Plan Contributions$1,440,635$645,060$64,506$2,150,201
Information Technology$1,038,625$657,796$34,621$1,731,042
Conferences and Meetings$864,887$400,993$311,359$1,577,239
Fees for Services Management$726,242$403,468$23,055$1,152,765
Insurance$526,814$175,605-$702,419
Advertising$476,475-$119,119$595,594
Current Officers, Directors, Trustees, and Key Employees$111,437$362,061$49,146$522,644
Fees for Service Investment Mgmnt Fees$179,711$283,754$9,458$472,923
Other Expenses$257,468$336,973$158,412$257,468
Fees for Services Accounting-$119,404-$119,404
Fees for Services Legal$36,681$53,188$1,834$91,703
Royalties$2,055--$2,055
Total Functional Expenses$91,489,338$19,861,605$3,109,084$114,460,027
International Activity

International Summary

Offices
1
Employees
3
Spending
$9,828,154

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestmentStudy Abroad Programs01$8,094,133
Central America and the CaribbeanProgram Services - Capital Contributions to Whitworth Costa Rica LimitadaAcademic Instruction11$700,376
Sub-saharan AfricaProgram Services-00$316,414
East Asia and the PacificProgram ServicesStudy Abroad Programs00$280,421
EuropeProgram ServicesStudy Abroad Programs00$256,895
Central America and the CaribbeanProgram ServicesStudy Abroad Programs00$67,765
Central America and the CaribbeanCapital Contributions for Plant InvestmentAcademic Instruction01$56,400
South AmericaProgram ServicesStudy Abroad Programs00$55,750
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$116,883
Fundraising Direct Expenses$90,082
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$71,742$55,217$11,018$44,199
Event 2$42,858$42,858$454$42,404
Total Events$133,408$116,883$90,082$26,801
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Jason Thackston (trustee) Is an Officer of Avista Utilities.Utility Expense.No$1,200,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Deposits$2,007,974
Interest Rate Exchange Liability$1,058,281
Asset Retirement Obligation$891,272

Bond Issues

BondIssuerIssuedIssue PricePurpose
A91-13064822009-11-04$63,581,858CONSTRUCTION
B91-13064822012-03-01$20,065,060CONSTRUCTION

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$64,064,726$14,658,896$3,765,000$1,069,340
B$20,133,020-$250,000$372,499

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Two members of the board of directors, andrew robblee and david robblee, have a family relationship.

Form 990, Part VI, Section B, Line 11

The board of trustees has delegated the review responsibility to its audit committee. Once the review is completed the 990 is placed in a secure website for the board's inspection and review before filing the 990.

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

Staff and faculty: at the beginning of the year, we tie the completion of the conflict of interest disclosure form to being able to authorize or request any payment for the university. This is tracked in a database. Trustees: the secretary of the board ensures that every trustee completes the disclosure form every fall meeting. If anyone's form is missing, she or her assistant follow up until the form is completed. Then, the audit committee reviews those forms with disclosed conflict during the fall meeting for the staff and faculty and during the spring for trustees.

Form 990, Part VI, Section B, Line 15

Compensation for key officers reporting to the president was reviewed by the executive compensation committee of the board of trustees in april 2013; this process involved an independent analysis by an outside consultant who compared compensation for these individuals against peer institutions. These key employees include the executive vice president for academic affairs, the vice president for institutional advancement, the vice president for student life, the vice president for admissions and financial aid, and the vice president for finance and administration. Compensation for the president was reviewed by the executive compensation committee of the board of trustees in april 2013; this process involved an independent analysis by an outside consultant who compared compensation for this individual against peer institutions.

Form 990, Part VI, Section C, Line 19

Governing documents and conflict of interest statements are available upon request. Financial statements are available at the university's website.

FORM 990, PART VI, SECTION B, LINE 16B:

While whitworth university does not have a written policy requiring evaluation of its participation in a joint venture, the university has reviewed the impact of this joint venture both internally and with external advisors.

Filing and Contact Details

Filer

EIN
91-0473310
Phone
5097774225

Signing Officer

Name
Gerald L Gemmill
Title
VP, Finance & Administration
Phone
5097774225
Signed
2015-01-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beck Taylor
Formed
1890
Legal Domicile
Wa
Voting Board Members
31
Independent Board Members
30
Employees
2,331
Volunteers
108

Preparer

Preparer
Lawrence H Mohr CPA
Phone
6128764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Neither the oversight process of the audit or the selection process of the independent accountant changed during the current year.

Financial Statement Notes

PART V, LINE 4:

The endowment funds are mainly used to provide scholarship support to students so that they can attend the university. Some of the funds are also used to provide funding support for research and departmental activities.

PART X, LINE 2:

The university follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the university for uncertain tax positions as of june 30, 2014 and 2013. The university's tax returns are subject to review and examination by federal authorities. The tax returns for fiscal years 2011 and thereafter are open to examination by federal authorities.

Raw XML AppendixShowing 400 of 1,352 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.

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IRS990/ActivityOrMissionDesc0SINCE 1890, WHITWORTH HAS HELD FAST TO ITS FOUNDING MISSION OF PROVIDING "AN EDUCATION OF MIND AND HEART" THROUGH RIGOROUS INTELLECTUAL INQUIRY GUIDED BY DEDICATED CHRISTIAN SCHOLARS. RECOGNIZED AS ONE OF THE TOP REGIONAL COLLEGES AND UNIVERSITIES IN THE WEST, WHITWORTH UNIVERSITY HAS AN ENROLLMENT OF OVER 2,900 STUDENTS AS OF THE FALL OF 2013 AND OFFERS 60 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS. IN RECENT YEARS, WHITWORTH HAS ENJOYED RECORD LEVELS OF STUDENT ENROLLMENT AND RETENTION, THE STRONGEST FINANCIAL POSITION IN THE UNIVERSITY'S HISTORY, AND INCREASED EXTERNAL VISIBILITY.
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IRS990/Desc0WHITWORTH UNIVERSITY'S ENROLLMENT (2013-14): UNDERGRADUATE: 2,670; GRADUATE: 210. UNDER-REPRESENTED ETHNIC ENROLLMENT UNDERGRADUATE: 21.0 PERCENT. SIX-YEAR GRADUATION RATE (2012-13): 74.0 PERCENT OF FIRST-TIME, FULL-TIME STUDENTS ENROLLED IN FALL 2007 GRADUATED WITHIN SIX YEARS. FRESHMAN-TO-SOPHOMORE RETENTION RATE (2012-13): 89.1 PERCENT. THE UNIVERSITY UNDERGRADUATE STUDENT BODY HAS A COMPOSITION OF 79%/21% WHITE/NON-WHITE; 59.8%/40.2% FEMALE/MALE AND REPRESENTATION OF 39 COUNTRIES. THE UNIVERSITY OFFERS 60 UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS; THE MOST PROMINENT ARE ELEMENTARY EDUCATION, BUSINESS MANAGEMENT, ENGLISH, BIOLOGY AND PSYCHOLOGY. IN FISCAL YEAR 2013-14, WHITWORTH STUDENTS SAW THE OPENING OF THE NEW WHITWORTH RECREATION CENTER, AN $11 MILLION BUILDING. 2013-14 SCHOOL YEAR IS ALSO THE 14TH YEAR IN A ROW THAT WHITWORTH HAS BEEN IN THE TOP 10 OF U.S. NEWS AND WORLD REPORT'S ANNUAL RANKINGS; THE PRINCETON REVIEW AGAIN DESIGNATED WHITWORTH A "BEST IN THE WEST" UNIVERSITY IN THE REVIEW'S "2013 BEST COLLEGES: REGION BY REGION" GUIDE. IN 2013, WHITWORTH RECEIVED THE MODELS OF EXCELLENCE AWARD FOR TEACHER EDUCATION FROM THE ASSOCIATION OF INDEPENDENT LIBERAL ARTS COLLEGES FOR TEACHER EDUCATION. THE SAME YEAR, THE UNIVERSITY WAS NAMED A TOP PRODUCER OF STUDENTS WHO RECEIVE FULBRIGHT AWARDS
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$369$110$260$141$145$3.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$369$114$255$162$155$7.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$388$116$273$215$145$70.3
2020Summary only. Only limited summary data is available for this year.$335$115$220$142$148$5.65
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$310$95.0$215$145$141$4.76
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$303$97.8$205$137$128$8.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$294$101$192$132$128$4.15
2016Detailed filing. Detailed filing data is available for this year.$279$94.8$184$129$125$4.10
2015Summary only. Only limited summary data is available for this year.$280$95.2$185$125$119$6.00
2014Detailed filing. Detailed filing data is available for this year.$275$97.6$178$120$114$5.65
2014Summary only. Only limited summary data is available for this year.$275$97.6$178$120$114$5.65
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$257$98.8$159$107
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$247$99.4$148$98.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$224$78.8$145$93.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$204$83.5$121$86.4