Totals
- Total revenue
- $64,770,092
- Total expenses
- $68,463,097
- Contributions and grants received
- $12,961,513
- Grants paid
- $17,545,825
- Program service revenue
- $50,155,942
- Investment income
- $1,323,716
- Other revenue
- $328,921
- Total assets, end of year
- $142,366,630
- Total liabilities, end of year
- $15,817,877
- Net assets or fund balances, end of year
- $126,548,753
- Program services expenses (Part IX)
- $59,521,665
- Management and general expenses
- $7,772,876
- Fundraising expenses
- $1,168,556
- Program service expenses (Part III)
- $59,521,665
Program services were 86.9% 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.
-
1e · Government grants (contributions)
$2,043,211
-
1f · All other contributions, gifts and grants
$10,918,302
-
1g · Noncash contributions included above
$235,079
-
2a · Program service revenue: TUITION
total $39,868,334 · related or exempt $39,868,334
-
2b · Program service revenue: FEES
total $2,970,296 · related or exempt $2,970,296
-
2c · Program service revenue: AUXILIARY SERVICES
total $5,389,621 · related or exempt $5,389,621
-
2d · Program service revenue: OTHER REVENUE
total $1,927,691 · related or exempt $1,927,691
-
3 · Investment income
total $1,209,386 · excluded $1,209,386
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $421,707
-
6b · Less rental expenses
real property $458,756
-
6c · Rental income or loss
real property -$37,049 · personal property $0
-
6d · Net rental income or loss
total -$37,049 · related or exempt -$37,049
-
7a · Gross sales of assets other than inventory
securities $204,238 · other assets $115,171
-
7b · Less cost or other basis and sales expenses
securities $205,079 · other assets $0
-
7c · Gain or loss
securities -$841 · other assets $115,171
-
7d · Net gain or loss
total $114,330 · excluded $114,330
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$2,388,915
-
10b · Cost of goods sold
$2,022,945
-
10c · Net income from sales of inventory
total $365,970 · related or exempt $157,881 · unrelated business $208,089
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $17,545,825 · program services $17,545,825
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $294,624 · program services $86,702 · management and general $207,922
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $21,550,600 · program services $19,286,148 · management and general $1,675,618 · fundraising $588,834
-
8 · Pension plan contributions
total $1,342,348 · program services $1,201,300 · management and general $104,371 · fundraising $36,677
-
9 · Other employee benefits
total $6,101,355 · program services $5,460,249 · management and general $474,397 · fundraising $166,709
-
10 · Payroll taxes
total $1,642,159 · program services $1,469,608 · management and general $127,682 · fundraising $44,869
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $103,871 · program services $50,960 · management and general $50,836 · fundraising $2,075
-
11c · Fees: accounting
total $96,672 · management and general $96,672
-
11d · Fees: lobbying
total $4,056 · fundraising $4,056
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $38,574 · management and general $38,574
-
11g · Fees: other
total $3,950,063 · program services $1,898,854 · management and general $2,019,956 · fundraising $31,253
-
12 · Advertising and promotion
total $82,256 · program services $72,706 · management and general $8,766 · fundraising $784
-
13 · Office expenses
total $2,944,204 · program services $2,451,652 · management and general $438,059 · fundraising $54,493
-
14 · Information technology
total $1,327,535 · program services $264,313 · management and general $1,059,520 · fundraising $3,702
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,916,379 · program services $1,276,580 · management and general $626,639 · fundraising $13,160
-
17 · Travel
total $1,222,987 · program services $1,122,699 · management and general $69,178 · fundraising $31,110
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $508,820 · program services $433,064 · management and general $33,745 · fundraising $42,011
-
20 · Interest
total $205,753 · program services $200,716 · management and general $3,824 · fundraising $1,213
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,527,812 · program services $3,373,333 · management and general $117,281 · fundraising $37,198
-
23 · Insurance
total $1,552,906 · program services $1,462,526 · management and general $68,790 · fundraising $21,590
-
24a · Other expenses: TAXES
total $78,745 · program services $50,987 · management and general $26,809 · fundraising $949
-
24b · Other expenses: BAD DEBTS
total $4,651 · program services $4,651
-
24c · Other expenses: MEMBERSHIPS
total $304,539 · program services $192,832 · management and general $67,311 · fundraising $44,396
-
24d · Other expenses: EQUIPMENT REPAIRS
total $1,880,687 · program services $1,424,016 · management and general $443,281 · fundraising $13,390
-
24e · All other expenses
total $235,676 · program services $191,944 · management and general $13,645 · fundraising $30,087
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,735,998 · end of year $1,395,968
-
2 · Savings and temporary cash investments
beginning of year $10,919,316 · end of year $8,554,768
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $2,969,465 · end of year $2,310,429
-
5 · Loans and receivables from officers and key people
beginning of year $7,466,985 · end of year $7,023,695
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $439,994 · end of year $393,817
-
9 · Prepaid expenses and deferred charges
beginning of year $458,004 · end of year $1,396,735
-
10a · Land, buildings and equipment: cost or other basis
$106,505,352
-
10b · Land, buildings and equipment: accumulated depreciation
$62,647,253
-
10c · Land, buildings and equipment, net
beginning of year $44,945,714 · end of year $43,858,099
-
11 · Investments: publicly traded securities
beginning of year $65,406,765 · end of year $68,752,288
-
12 · Investments: other securities
beginning of year $20,788 · end of year $21,569
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $8,190,538 · end of year $8,659,262
-
17 · Accounts payable and accrued expenses
beginning of year $3,476,111 · end of year $3,975,750
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $1,636,254 · end of year $1,420,443
-
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 $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $768,017 · end of year $745,460
-
25 · Other liabilities
beginning of year $10,104,683 · end of year $9,676,224
-
27 · Net assets without donor restrictions
beginning of year $64,900,998 · end of year $60,460,671
-
28 · Net assets with donor restrictions
beginning of year $61,667,504 · end of year $66,088,082
Mission and programs · 2022
Mission
THE UNIVERSITY SEEKS TO IMPART A BROAD KNOWLEDGE OF THE ARTS, SCIENCES AND PROFESSIONS BY CAREFUL INSTRUCTION AND OPEN INQUIRY AND TO TRANSLATE ACADEMIC ACHIEVEMENT INTO RESPONSIBLE CITIZENSHIP AND GENEROUS SERVICE TO OTHERS.
Activities or mission (Part I)
A SEVENTH-DAY ADVENTIST INSTITUTION, A COMMUNITY OF FAITH & DISCOVERY COMMITTED TO EXCELLENCE IN THOUGHT, GENEROSITY IN SERVICE, BEAUTY IN EXPRESSION & FAITH IN GOD.
-
POST-SECONDARY EDUCATION OF APPROXIMATELY 1800 STUDENTS. LIBERAL ARTS, SCIENCE AND PROFESSIONAL INSTRUCTIONAL PROGRAMS TO BOTH BACHELOR'S AND MASTER'S DEGREES.
Expenses $50,351,037 · Grants $17,545,825 · Revenue $42,498,238
-
DORMITORY AND OTHER HOUSING FACILITIES FOR STUDENTS AND OTHER AUXILIARY OPERATIONS
Expenses $9,170,628 · Revenue $7,778,536
As filed on the 2022 return.
Listed in Part VII
-
Prakash RamoutarPRAKASH RAMOUTAR
VP OF FINANCE
- Total calculated
- $138,623
- From this org
- $99,732
- From related orgs
- $0
- Other
- $38,891
- Hours/week
- 40
-
Pam CressPAM CRESS
VP OF ACADEMICS
- Total calculated
- $133,376
- From this org
- $100,569
- From related orgs
- $0
- Other
- $32,807
- Hours/week
- 40
-
John McVayJOHN MCVAY
PRESIDENT
- Total calculated
- $111,922
- From this org
- $22,385
- From related orgs
- $0
- Other
- $89,537
- Hours/week
- 40
-
John FreedmanJOHN FREEDMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 0
-
Doug BingDOUG BING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Stephanie GatesSTEPHANIE GATES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Dan LinrudDAN LINRUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Bill McClendonBILL MCCLENDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Kevin MillerKEVIN MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
David Prest JrDAVID PREST JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Mark RemboldtMARK REMBOLDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Lowell CooperLOWELL COOPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Yvonne IwasaYVONNE IWASA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Steve KreitnerSTEVE KREITNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Joyce NewmyerJOYCE NEWMYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Todd PascoeTODD PASCOE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Paul RhynardPAUL RHYNARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Jaime RodriguezJAIME RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ron WilkinsonRON WILKINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Gary BotimerGARY BOTIMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Columbus Candies JrCOLUMBUS CANDIES JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Travis CrumleyTRAVIS CRUMLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Keith HallamKEITH HALLAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Clint HessCLINT HESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Sergio HernandezSERGIO HERNANDEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
David JamiesonDAVID JAMIESON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Mileen LoefflerMILEEN LOEFFLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Eugene LewisEUGENE LEWIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Kathy MorganKATHY MORGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ken NortonKEN NORTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Bruce ThornBRUCE THORN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401449349300810
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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