Totals
- Total revenue
- $18,789,212
- Total expenses
- $18,011,849
- Contributions and grants received
- $5,018,669
- Grants paid
- $4,926,345
- Program service revenue
- $13,486,875
- Investment income
- $0
- Other revenue
- $283,668
- Total assets, end of year
- $17,964,166
- Total liabilities, end of year
- $12,731,357
- Net assets or fund balances, end of year
- $5,232,809
- Program services expenses (Part IX)
- $15,893,075
- Management and general expenses
- $1,758,455
- Fundraising expenses
- $360,319
- Program service expenses (Part III)
- $15,893,075
Program services were 88.2% 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.
-
1f · All other contributions, gifts and grants
$5,018,669
-
2a · Program service revenue: Tuition and fees
total $10,705,949 · related or exempt $10,705,949
-
2b · Program service revenue: Sales & services of auxillary
total $2,780,926 · related or exempt $2,780,926
-
6a · Gross rents
real property $108,571
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $108,571
-
6d · Net rental income or loss
total $108,571 · related or exempt $108,571
-
11a · Other revenue: Other revenue
total $175,097 · related or exempt $175,097
-
11e · Other revenue, total
$175,097
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $4,926,345 · program services $4,926,345
-
5 · Compensation of officers, directors and key employees
total $399,285 · program services $312,559 · management and general $74,113 · fundraising $12,613
-
7 · Other salaries and wages
total $5,600,480 · program services $4,916,575 · management and general $485,158 · fundraising $198,747
-
9 · Other employee benefits
total $352,011 · program services $168,342 · management and general $176,944 · fundraising $6,725
-
10 · Payroll taxes
total $375,567 · program services $336,371 · management and general $25,817 · fundraising $13,379
-
11g · Fees: other
total $522,105 · program services $175,743 · management and general $346,185 · fundraising $177
-
12 · Advertising and promotion
total $59,699 · program services $4,157 · fundraising $55,542
-
13 · Office expenses
total $51,636 · program services $45,280 · fundraising $6,356
-
17 · Travel
total $308,921 · program services $298,813 · management and general $5,226 · fundraising $4,882
-
20 · Interest
total $593,118 · program services $284,964 · management and general $308,154
-
22 · Depreciation, depletion and amortization
total $417,500 · program services $417,500
-
23 · Insurance
total $161,554 · program services $42,026 · management and general $119,528
-
24a · Other expenses: Meal plan
total $1,205,421 · program services $1,205,421
-
24b · Other expenses: Supplies
total $865,310 · program services $809,702 · management and general $16,701 · fundraising $38,907
-
24c · Other expenses: Repairs and maintenance
total $700,416 · program services $700,416
-
24d · Other expenses: Utilities
total $468,170 · program services $468,170
-
24e · All other expenses
total $1,004,311 · program services $780,691 · management and general $200,629 · fundraising $22,991
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $148,358 · end of year $430,390
-
3 · Pledges and grants receivable
beginning of year $2,135,000 · end of year $5,565,000
-
4 · Accounts receivable
beginning of year $3,062,859 · end of year $1,592,323
-
5 · Loans and receivables from officers and key people
beginning of year $26,693 · end of year $26,693
-
7 · Other notes and loans receivable
beginning of year $230,202 · end of year $201,910
-
9 · Prepaid expenses and deferred charges
beginning of year $266,722 · end of year $266,722
-
10a · Land, buildings and equipment: cost or other basis
$10,811,769
-
10b · Land, buildings and equipment: accumulated depreciation
$6,984,037
-
10c · Land, buildings and equipment, net
beginning of year $4,187,266 · end of year $3,827,732
-
11 · Investments: publicly traded securities
beginning of year $48,396 · end of year $21,746
-
12 · Investments: other securities
beginning of year $31,650 · end of year $31,650
-
15 · Other assets
beginning of year $7,500,000 · end of year $6,000,000
-
17 · Accounts payable and accrued expenses
beginning of year $1,480,439 · end of year $2,243,974
-
19 · Deferred revenue
beginning of year $354,441 · end of year $354,441
-
22 · Loans and payables to officers and key people
beginning of year $49,615 · end of year $49,615
-
23 · Secured mortgages and notes payable
beginning of year $5,914,059 · end of year $4,332,650
-
24 · Unsecured notes and loans payable
beginning of year $5,401,949 · end of year $5,747,903
-
25 · Other liabilities
beginning of year $2,774 · end of year $2,774
-
27 · Net assets without donor restrictions
beginning of year $549,949 · end of year $1,279,439
-
28 · Net assets with donor restrictions
beginning of year $3,883,920 · end of year $3,953,370
Mission and programs · 2022
Mission
A Christ-centered university committed to exceptional teaching, scholarly research, creative innovation, and professional collaboration.
-
Instruction, academic support, and student services associated with the provision of associate, baccalaureate, master, and doctoral programs in resident and online formats.
Expenses $11,981,466 · Grants $4,926,345 · Revenue $10,705,949
-
Auxiliary and other services in regard to the University's provision for higher education including dormitories, food service, bookstore, sporting events, and other miscellaneous student service.
Expenses $3,911,609 · Revenue $3,064,594
As filed on the 2022 return.
Listed in Part VII
-
Argano Matt
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Burdette Bruce
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Decker Rob
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Kimbrough Bobby
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mitchener Mike
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rawlings Herb
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Traxler Dale
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Williams George Abie
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Alford Tony
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Bryson Dana Lu
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Wilburn Shahn
Chairman of the Board
- Total calculated
- $0
- Hours/week
- 1
-
Burkard Heather
Provost
- Total calculated
- $74,117
- From this org
- $74,117
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Ronk Christopher
Chief Financial Officer
- Total calculated
- $73,856
- From this org
- $73,856
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Zuniga Regina
Chief Operating Officer
- Total calculated
- $55,722
- From this org
- $55,722
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Williams Willie
VP Student Services
- Total calculated
- $56,860
- From this org
- $56,860
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Petitt Charles
President/CEO
- Total calculated
- $138,730
- From this org
- $138,730
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 202441369349309919
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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