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Nonprofiteer
← NORTH CENTRAL UNIVERSITY

Form 990 for tax year 2023

Filed by NORTH CENTRAL UNIVERSITY.

Totals

Total revenue
$35,319,667
Total expenses
$36,667,729
Contributions and grants received
$3,185,494
Grants paid
$12,108,784
Program service revenue
$29,209,679
Investment income
$2,097,956
Other revenue
$826,538
Total assets, end of year
$50,696,042
Total liabilities, end of year
$14,822,371
Net assets or fund balances, end of year
$35,873,671
Program services expenses (Part IX)
$31,661,501
Management and general expenses
$4,631,592
Fundraising expenses
$374,636
Program service expenses (Part III)
$31,661,501

Program services were 86.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $610,595

  • 1e · Government grants (contributions)

    $279,950

  • 1f · All other contributions, gifts and grants

    $2,294,949

  • 2a · Program service revenue: TUITION FEES

    total $23,270,858 · related or exempt $23,270,858

  • 2b · Program service revenue: RESIDENT HALL

    total $2,752,242 · related or exempt $2,752,242

  • 2c · Program service revenue: CAFETERIA

    total $2,147,203 · related or exempt $2,147,203

  • 2d · Program service revenue: OTHER AUXILIARY REVENUE

    total $293,413 · related or exempt $293,413

  • 2e · Program service revenue: ATHLETIC REVENUE

    total $121,459 · related or exempt $121,459

  • 2f · All other program service revenue

    total $624,504 · related or exempt $624,504 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $487,328 · excluded $487,328

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $6,990,196 · other assets $2,670,000

  • 7b · Less cost or other basis and sales expenses

    securities $6,829,070 · other assets $1,220,498

  • 7c · Gain or loss

    securities $161,126 · other assets $1,449,502

  • 7d · Net gain or loss

    total $1,610,628 · excluded $1,610,628

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $610,595

  • 8b · Fundraising events: direct expenses

    $58,756

  • 8c · Net income from fundraising events

    total -$58,756 · excluded -$58,756

  • 10a · Gross sales of inventory

    $191,713

  • 10b · Cost of goods sold

    $259,843

  • 10c · Net income from sales of inventory

    total -$68,130 · excluded -$68,130

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $953,424 · excluded $953,424

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $953,424

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $12,108,784 · program services $12,108,784

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $718,508 · program services $574,044 · management and general $132,716 · fundraising $11,748

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $9,756,311 · program services $7,794,692 · management and general $1,802,096 · fundraising $159,523

  • 8 · Pension plan contributions

    total $241,350 · program services $192,824 · management and general $44,580 · fundraising $3,946

  • 9 · Other employee benefits

    total $1,576,177 · program services $1,259,269 · management and general $291,137 · fundraising $25,771

  • 10 · Payroll taxes

    total $656,545 · program services $524,539 · management and general $121,271 · fundraising $10,735

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $53,196 · program services $0 · management and general $53,196 · fundraising $0

  • 11c · Fees: accounting

    total $73,600 · program services $0 · management and general $73,600 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $31,105 · program services $0 · management and general $31,105 · fundraising $0

  • 11g · Fees: other

    total $1,198,099 · program services $364,939 · management and general $811,805 · fundraising $21,355

  • 12 · Advertising and promotion

    total $353,097 · program services $282,103 · management and general $65,221 · fundraising $5,773

  • 13 · Office expenses

    total $391,228 · program services $312,567 · management and general $72,264 · fundraising $6,397

  • 14 · Information technology

    total $660,318 · program services $527,553 · management and general $121,968 · fundraising $10,797

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $1,148,379 · program services $917,484 · management and general $212,118 · fundraising $18,777

  • 17 · Travel

    total $557,166 · program services $445,141 · management and general $102,915 · fundraising $9,110

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $38,066 · program services $30,413 · management and general $7,031 · fundraising $622

  • 20 · Interest

    total $562,950 · program services $503,301 · management and general $59,649 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $2,108,828 · program services $1,868,422 · management and general $170,815 · fundraising $69,591

  • 23 · Insurance

    total $345,237 · program services $275,823 · management and general $63,769 · fundraising $5,645

  • 24a · Other expenses: MEAL PLAN EXPENSES

    total $2,213,739 · program services $2,213,739 · management and general $0 · fundraising $0

  • 24b · Other expenses: STUDENT EXPENSES

    total $1,226,956 · program services $1,000,324 · management and general $226,632 · fundraising $0

  • 24c · Other expenses: EQUIPMENT AND MAINTENANCE

    total $492,289 · program services $393,309 · management and general $90,931 · fundraising $8,049

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $155,801 · program services $72,231 · management and general $76,773 · fundraising $6,797

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $41,089 · end of year $16,115

  • 2 · Savings and temporary cash investments

    beginning of year $1,843,989 · end of year $11,390,481

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $3,112,939 · end of year $1,585,796

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $2,800,000 · end of year $2,670,000

  • 8 · Inventories for sale or use

    beginning of year $45,424 · end of year $85,322

  • 9 · Prepaid expenses and deferred charges

    beginning of year $370,171 · end of year $446,226

  • 10a · Land, buildings and equipment: cost or other basis

    $70,191,094

  • 10b · Land, buildings and equipment: accumulated depreciation

    $40,117,056

  • 10c · Land, buildings and equipment, net

    beginning of year $32,514,502 · end of year $30,074,038

  • 11 · Investments: publicly traded securities

    beginning of year $5,489,536 · end of year $3,373,721

  • 12 · Investments: other securities

    beginning of year $239,609 · end of year $269,089

  • 13 · Investments: program-related

    beginning of year $472,593 · end of year $431,889

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $406,501 · end of year $353,365

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,256,294 · end of year $1,310,913

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $2,881,666 · end of year $2,774,872

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $3,266,151 · end of year $9,711,164

  • 24 · Unsecured notes and loans payable

    beginning of year $2,000,000 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,029,182 · end of year $1,025,422

  • 27 · Net assets without donor restrictions

    beginning of year $29,561,741 · end of year $26,610,236

  • 28 · Net assets with donor restrictions

    beginning of year $7,341,319 · end of year $9,263,435

Mission and programs · 2023

Mission

NORTH CENTRAL UNIVERSITY IS A CHRISTIAN UNIVERSITY WITH A COMMITMENT TO ACADEMIC EXCELLENCE.

Activities or mission (Part I)

TO TRAIN AND PREPARE LEADERS TO SERVE THEIR COMMUNITY, CHURCH, AND WORLD ACCORDING TO THEIR VOCATION AND GIFTS.

  • NORTH CENTRAL UNIVERSITY (THE UNIVERSITY) IS A CHRISTIAN UNIVERSITY, WITH AN URBAN AND INTERNATIONAL FOCUS, WHOSE PURPOSE IS TO PREPARE PENTECOSTAL LEADERS TO SERVE GOD IN THE CHURCH, THEIR COMMUNITY, AND THE WORLD. THE UNIVERSITY OFFERS ABOUT SIXTY AREAS OF STUDY THROUGH ITS COLLEGE OF ARTS AND SCIENCES, COLLEGE OF FINE ARTS, AND COLLEGE OF CHURCH LEADERSHIP. THE CURRICULUM IS SUPPORTED WITH A CHRISTIAN WORLD VIEW DEVELOPED THROUGH A MEANINGFUL, INTEGRATED GENERAL EDUCATION CORE PROGRAM. THE UNIVERSITY TRAINS STUDENTS TO SERVE GOD IN A VARIETY OF WAYS ACCORDING TO THEIR VOCATION AND GIFTS. PROGRAM FOCUS AT NORTH CENTRAL IS PARTICULARLY UPON URBAN AND INTERNATIONAL SETTINGS, UTILIZING THE METROPOLITAN CONTEXT OF THE MINNEAPOLIS-ST. PAUL AREA AS LABORATORY FOR EFFECTIVE MINISTRY AND WORK IN THE MARKETPLACE, IN ADDITION TO PROVIDING A FULL ARRAY OF CREATIVE INTERNATIONAL LEARNING OPPORTUNITIES. NORTH CENTRAL IS A COEDUCATIONAL, PRIMARILY UNDERGRADUATE RESIDENTIAL UNIVERSITY, OPERATED BY 11 ASSEMBLIES OF GOD DISTRICTS OF THE UPPER MIDWEST. FOUNDED IN 1930, THE UNIVERSITY CURRENTLY SERVES A POPULATION OF ABOUT 1,100 STUDENTS.

    Expenses $31,661,501 · Grants $12,108,784 · Revenue $29,209,679

As filed on the 2023 return.

Listed in Part VII

  • Brad Trask

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • Kathy Madson

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Shawn Dockter

    BOARD Chair

    Total calculated
    $0
    Hours/week
    2
  • Aaron Hlavin

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Bill Svoboda

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Chad McAtee

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Fred Washington

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Gary Denbow

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Gary Grogan

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • James Weaver

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • John Davis

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Julie Boynton

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Kirby John

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Kwame Anku

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Linda Collins

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Mark Dean

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Nate Ruch

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Patrick Guire

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Peggy Dunston

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Phil Schneider

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Rob Ketterling

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Steve Schaible

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Steve Tripp

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Toby Schneckloth

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Winston Titus

    REGENT

    Total calculated
    $0
    Hours/week
    2
  • Bethany Harshbarger

    VP of Enrollment & Student Devel

    Total calculated
    $146,612
    From this org
    $103,280
    From related orgs
    $0
    Other
    $43,332
    Hours/week
    40
  • Douglas Graham

    PRESIDENT

    Total calculated
    $162,686
    From this org
    $149,047
    From related orgs
    $0
    Other
    $13,639
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,159
    Bonus
    $0
    Other
    $888
    Deferred
    $13,493
    Nontaxable benefits
    $146
    Filer's total
    $162,686
  • Timothy A Hager

    VP of Business and Operations

    Total calculated
    $190,717
    From this org
    $137,181
    From related orgs
    $0
    Other
    $53,536
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,492
    Bonus
    $0
    Other
    $1,689
    Deferred
    $14,917
    Nontaxable benefits
    $38,619
    Filer's total
    $190,717
  • Collin S Miller

    Faculty

    Total calculated
    $121,973
    From this org
    $101,057
    From related orgs
    $0
    Other
    $20,916
    Hours/week
    40
  • Ellington W Porter

    Faculty

    Total calculated
    $106,778
    From this org
    $105,355
    From related orgs
    $0
    Other
    $1,423
    Hours/week
    40
  • Scott Hagan

    FORMER President

    Total calculated
    $112,668
    From this org
    $37,219
    From related orgs
    $0
    Other
    $75,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $14,589
    Bonus
    $0
    Other
    $22,630
    Deferred
    $4,936
    Nontaxable benefits
    $70,513
    Filer's total
    $112,668

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
THE HOUSING ALLOWANCE WAS PROVIDED TO THE FOLLOWING INDIVIDUALS: TIMOTHY HAGER, BETHANY HARSHBARGER, ADAM SIKORSKI, AND SCOTT HAGAN. THE HOUSING ALLOWANCE IS NOT INCLUDED IN THE TAXABLE INCOME OF THE EMPLOYEES. THE HOUSING ALLOWANCE IS A MINISTERIAL HOUSING ALLOWANCE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
10 April 2025
IRS schema version
2023v6.0
Source object
202521009349301217

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