Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $37,103,578

• 1f · All other contributions, gifts and grants

  $5,573,298

• 1g · Noncash contributions included above

  $877,000

• 2a · Program service revenue: DORMITORY AND FACILITIES LEASE

  total $3,586,106 · related or exempt $3,586,106

• 2b · Program service revenue: GASB 87 INTEREST FROM LEASE

  total $2,542,953 · related or exempt $2,542,953

• 2c · Program service revenue: LEARNING CENTERS

  total $2,354,636 · related or exempt $2,354,636

• 2d · Program service revenue: ATHLETIC CAMPS & EVENTS

  total $949,692 · related or exempt $949,692

• 2e · Program service revenue: ADMIN FEES

  total $810,072 · related or exempt $810,072

• 2f · All other program service revenue

  total $824,597 · related or exempt $824,597

• 3 · Investment income

  total $695,794 · excluded $695,794

• 7a · Gross sales of assets other than inventory

  securities $13,065,947

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

  securities $13,087,760

• 7c · Gain or loss

  securities -$21,813

• 7d · Net gain or loss

  total -$21,813 · excluded -$21,813

• 11a · Other revenue: OPEB LIABILITY ADJUSTMENT

  total $2,018,440 · excluded $2,018,440

• 11e · Other revenue, total

  $2,018,440

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,935,562 · program services $2,935,562

• 5 · Compensation of officers, directors and key employees

  total $304,594 · management and general $304,594

• 7 · Other salaries and wages

  total $21,627,717 · program services $21,627,717

• 8 · Pension plan contributions

  total $848,229 · program services $848,229

• 9 · Other employee benefits

  total $5,517,930 · program services $5,517,930

• 11c · Fees: accounting

  total $90,800 · management and general $90,800

• 11e · Fees: professional fundraising services

  total $25,000 · fundraising $25,000

• 11f · Fees: investment management

  total $55,133 · management and general $55,133

• 11g · Fees: other

  total $3,825,771 · program services $2,135,439 · management and general $1,690,332

• 12 · Advertising and promotion

  total $34,713 · program services $34,713

• 13 · Office expenses

  total $1,985,820 · program services $1,985,820

• 14 · Information technology

  total $322,168 · program services $322,168

• 16 · Occupancy

  total $1,210,596 · program services $1,210,596

• 17 · Travel

  total $1,603,571 · program services $1,603,571

• 19 · Conferences, conventions and meetings

  total $91,239 · program services $91,239

• 20 · Interest

  total $741,671 · program services $741,671

• 22 · Depreciation, depletion and amortization

  total $1,208,264 · program services $1,208,264

• 23 · Insurance

  total $479,254 · program services $479,254

• 24a · Other expenses: SPONSORED PRGRM SUB-CON

  total $4,190,966 · program services $4,190,966

• 24b · Other expenses: FURNITURE & EQUIPMENT

  total $637,316 · program services $637,316

• 24c · Other expenses: OVERHEAD - OTHER

  total $623,182 · program services $623,182

• 24d · Other expenses: OTHER PROGRAM RELATED E

  total $397,348 · program services $397,348

• 24e · All other expenses

  total $424,069 · program services $424,069

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,300 · end of year $2,300

• 2 · Savings and temporary cash investments

  beginning of year $2,285,875 · end of year $1,678,215

• 3 · Pledges and grants receivable

  beginning of year $634,656 · end of year $649,391

• 4 · Accounts receivable

  beginning of year $25,445,063 · end of year $27,860,819

• 9 · Prepaid expenses and deferred charges

  beginning of year $110,340 · end of year $120,595

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

  $51,083,919

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

  $21,301,047

• 10c · Land, buildings and equipment, net

  beginning of year $30,926,173 · end of year $29,782,872

• 11 · Investments: publicly traded securities

  beginning of year $33,199,008 · end of year $36,718,301

• 14 · Intangible assets

  beginning of year $204,338 · end of year $139,375

• 15 · Other assets

  beginning of year $85,460,231 · end of year $84,987,851

• 17 · Accounts payable and accrued expenses

  beginning of year $4,832,657 · end of year $4,984,153

• 19 · Deferred revenue

  beginning of year $7,357,156 · end of year $7,416,219

• 20 · Tax-exempt bond liabilities

  beginning of year $23,122,366 · end of year $21,573,388

• 25 · Other liabilities

  beginning of year $102,425,262 · end of year $98,484,330

• 27 · Net assets without donor restrictions

  beginning of year $25,626,919 · end of year $21,261,705

• 28 · Net assets with donor restrictions

  beginning of year $14,903,624 · end of year $28,219,924

The filer's explanations (Part III)

PART I, LINE 5

DANIEL MONSON, THE UNIVERSITY'S HEAD MEN'S BASKETBALL COACH, IS ELIGIBLE FOR A BONUS BASED UPON CERTAIN GAME GUARANTEE FEES. THE GAME GUARANTEE FEES ARE NOT FIXED, AND AS SUCH, ARE REPORTED AS BONUS OR INCENTIVE COMPENSATION.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER UNITRUSTS (1)

  T · CA

• CHARITABLE GIFT ANNUITIES (13)

  T · CA

• CHARITABLE LEAD UNITRUST (1)

  T · CA