Totals
- Total revenue
- $9,349,751
- Total expenses
- $8,833,818
- Contributions and grants received
- $105,246
- Grants paid
- $783,352
- Program service revenue
- $7,682,821
- Investment income
- $12,948
- Other revenue
- $1,548,736
- Total assets, end of year
- $16,559,959
- Total liabilities, end of year
- $1,052,981
- Net assets or fund balances, end of year
- $15,506,978
- Program services expenses (Part IX)
- $5,486,639
- Management and general expenses
- $3,347,179
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,486,639
Program services were 62.1% 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)
$24,150
-
1f · All other contributions, gifts and grants
$81,096
-
2a · Program service revenue: TUITION AND FEES
total $7,692,781 · related or exempt $7,692,781
-
2b · Program service revenue: CHANGE IN LIFE INTERES
total -$9,960 · related or exempt -$9,960
-
3 · Investment income
total $18,667 · related or exempt $18,667
-
7b · Less cost or other basis and sales expenses
securities $5,719
-
7c · Gain or loss
securities -$5,719
-
7d · Net gain or loss
total -$5,719 · related or exempt -$5,719
-
11a · Other revenue: OTHER REVENUE
total $1,548,736 · related or exempt $1,548,736
-
11e · Other revenue, total
$1,548,736
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $783,352 · program services $783,352
-
5 · Compensation of officers, directors and key employees
total $767,286 · management and general $767,286
-
7 · Other salaries and wages
total $3,998,767 · program services $3,412,396 · management and general $586,371
-
9 · Other employee benefits
total $465,358 · program services $384,409 · management and general $80,949
-
10 · Payroll taxes
total $326,635 · program services $245,446 · management and general $81,189
-
11b · Fees: legal
total $4,150 · management and general $4,150
-
11g · Fees: other
total $39,354 · program services $279 · management and general $39,075
-
12 · Advertising and promotion
total $1,012,424 · management and general $1,012,424
-
13 · Office expenses
total $52,291 · program services $5,158 · management and general $47,133
-
14 · Information technology
total $194,031 · program services $69,123 · management and general $124,908
-
16 · Occupancy
total $182,419 · program services $81,331 · management and general $101,088
-
17 · Travel
total $13,390 · program services $5,097 · management and general $8,293
-
22 · Depreciation, depletion and amortization
total $186,465 · program services $106,285 · management and general $80,180
-
23 · Insurance
total $70,093 · management and general $70,093
-
24a · Other expenses: ONLINE COURSE DELIVERY
total $207,461 · program services $207,461
-
24b · Other expenses: OPERATION AND MAINTENAN
total $147,761 · program services $84,223 · management and general $63,538
-
24c · Other expenses: MISCELLANEOUS
total $110,532 · management and general $110,532
-
24d · Other expenses: CONTRACT FEES
total $93,650 · management and general $93,650
-
24e · All other expenses
total $178,399 · program services $102,079 · management and general $76,320
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,546,921 · end of year $2,712,025
-
2 · Savings and temporary cash investments
beginning of year $22,913 · end of year $22,959
-
4 · Accounts receivable
beginning of year $199,425 · end of year $241,107
-
9 · Prepaid expenses and deferred charges
beginning of year $119,013 · end of year $144,701
-
10a · Land, buildings and equipment: cost or other basis
$14,599,094
-
10b · Land, buildings and equipment: accumulated depreciation
$3,089,556
-
10c · Land, buildings and equipment, net
beginning of year $11,661,011 · end of year $11,509,538
-
12 · Investments: other securities
beginning of year $196,320 · end of year $190,555
-
15 · Other assets
beginning of year $194,288 · end of year $1,739,074
-
17 · Accounts payable and accrued expenses
beginning of year $117,370 · end of year $151,214
-
19 · Deferred revenue
beginning of year $831,476 · end of year $901,767
-
27 · Net assets without donor restrictions
beginning of year $14,495,619 · end of year $15,021,466
-
28 · Net assets with donor restrictions
beginning of year $495,426 · end of year $485,512
Mission and programs · 2022
Mission
TO PREPARE MEN AND WOMEN, THROUGH A COMMITMENT TO ACADEMIC EXCELLENCE AND SPIRITUAL VITALITY AT THE UNDERGRADUATE AND GRADUATE LEVELS, FOR A LIFETIME OF LEARNING, LEADERSHIP, AND SERVICE TO THE PROFESSIONS, SOCIETY, CHURCH AND FAMILY.
Activities or mission (Part I)
AMRIDGE UNIVERSITY IS AN INDEPENDENT, COEDUCATIONAL INSTITUTION DEDICATED TO THE SPIRIT OF ITS CHRISTIAN IDEALS AND HERITAGE. AMRIDGE UNIVERSITY'S MISSION IS TO PREPARE MEN AND WOMEN, THROUGH A COMMITMENT TO ACADEMIC EXCELLENCE AND SPIRITUAL VITALITY AT THE UNDERGRADUATE AND GRADUATE LEVELS, FOR A LIFETIME OF LEARNING, LEADERSHIP, AND SERVICE TO THE PROFESSIONS, SOCIETY, CHURCH AND FAMILY.
-
AMRIDGE UNIVERSITY PROVIDED EDUCATIONAL SERVICES TO APPROXIMATELY 1,000 STUDENTS DURING THE YEAR.
Expenses $5,486,639 · Grants $783,352 · Revenue $9,244,505
As filed on the 2022 return.
Listed in Part VII
-
JIMMIE BENSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LAINA COSTANZA
BOARD MEMBER
- Total calculated
- $163,052
- From this org
- $151,052
- From related orgs
- $0
- Other
- $12,000
- Hours/week
- 36
Schedule J breakdown matched by us
- Base
- $151,052
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $12,000
- Filer's total
- $163,052
-
DAVID LANGHANS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JESSE RUSSELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
DONNIE G TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL C TURNER
EX-OFFICIO MEMBER
- Total calculated
- $431,829
- From this org
- $330,441
- From related orgs
- $0
- Other
- $101,388
- Hours/week
- 36
Schedule J breakdown matched by us
- Base
- $330,441
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $101,388
- Filer's total
- $431,829
-
DON PATE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
RAYMOND ELLIOTT
VICE-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
JASON WRIGHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
BARBARA TURNER
BURSAR
- Total calculated
- $231,791
- From this org
- $225,791
- From related orgs
- $0
- Other
- $6,000
- Hours/week
- 36
Schedule J breakdown matched by us
- Base
- $225,791
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $6,000
- Filer's total
- $231,791
-
LEE TAYLOR
VICE PRESIDENT OF ACADEMIC
- Total calculated
- $141,817
- From this org
- $129,817
- From related orgs
- $0
- Other
- $12,000
- Hours/week
- 36
-
ANITA CROSBY
CONTROLLER
- Total calculated
- $156,012
- From this org
- $144,012
- From related orgs
- $0
- Other
- $12,000
- Hours/week
- 36
Schedule J breakdown matched by us
- Base
- $144,012
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $12,000
- Filer's total
- $156,012
-
JACK S TEMPLE
SYSTEM ADMINISTRATOR FOR N
- Total calculated
- $142,984
- From this org
- $124,984
- From related orgs
- $0
- Other
- $18,000
- Hours/week
- 36
-
KENYETTA MCCURTY
CHAIR OF THE COLLEGE OF BU
- Total calculated
- $113,250
- From this org
- $107,250
- From related orgs
- $0
- Other
- $6,000
- Hours/week
- 36
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 · Written employment contract
- 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
- 5b · Pay contingent on a related 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)
- PART I, LINE 1A
- PROVIDED HOUSING TO MICHAEL TURNER (PRESIDENT).
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
TO SUPPORT AMRIDGE UNIVERSITY'S EDUCATIONAL PROCESS · AL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333119349303853
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.