Totals
- Total revenue
- $37,003,469
- Total expenses
- $40,097,338
- Contributions and grants received
- $5,425,595
- Grants paid
- $12,344,937
- Program service revenue
- $31,243,163
- Investment income
- -$72,877
- Other revenue
- $407,588
- Total assets, end of year
- $49,008,098
- Total liabilities, end of year
- $30,281,888
- Net assets or fund balances, end of year
- $18,726,210
- Program services expenses (Part IX)
- $33,826,540
- Management and general expenses
- $5,297,443
- Fundraising expenses
- $973,355
- Program service expenses (Part III)
- $33,826,540
Program services were 84.4% 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
$5,425,595
-
1g · Noncash contributions included above
$84,226
-
2a · Program service revenue: TUITION AND FEES
total $23,240,103 · related or exempt $23,240,103
-
2b · Program service revenue: AUXILIARY SERVICES
total $7,378,788 · related or exempt $7,378,788
-
2c · Program service revenue: GOLF COURSE SALES
total $624,272 · unrelated business $624,272
-
3 · Investment income
total $20,000 · excluded $20,000
-
6a · Gross rents
real property $167,371
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $167,371
-
6d · Net rental income or loss
total $167,371 · unrelated business $123,621 · excluded $43,750
-
7a · Gross sales of assets other than inventory
other assets $4,628,610
-
7b · Less cost or other basis and sales expenses
other assets $4,721,487
-
7c · Gain or loss
other assets -$92,877
-
7d · Net gain or loss
total -$92,877 · unrelated business $18,570 · excluded -$111,447
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $240,217 · related or exempt $240,217
-
11e · Other revenue, total
$240,217
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $12,344,937 · program services $12,344,937
-
5 · Compensation of officers, directors and key employees
total $253,566 · management and general $253,566
-
7 · Other salaries and wages
total $10,994,472 · program services $9,877,418 · management and general $519,421 · fundraising $597,633
-
8 · Pension plan contributions
total $150,524 · program services $135,876 · management and general $10,492 · fundraising $4,156
-
9 · Other employee benefits
total $1,587,229 · program services $1,372,272 · management and general $172,983 · fundraising $41,974
-
10 · Payroll taxes
total $859,475 · program services $755,622 · management and general $58,134 · fundraising $45,719
-
11a · Fees: management
total $990,037 · program services $270,555 · management and general $580,557 · fundraising $138,925
-
11b · Fees: legal
total $259,091 · program services $5,980 · management and general $253,111
-
11c · Fees: accounting
total $66,924 · management and general $66,924
-
12 · Advertising and promotion
total $241,512 · program services $218,289 · fundraising $23,223
-
13 · Office expenses
total $1,227,752 · program services $1,084,741 · management and general $129,395 · fundraising $13,616
-
14 · Information technology
total $1,568,926 · program services $1,329,301 · management and general $211,231 · fundraising $28,394
-
15 · Royalties
total $926,740 · program services $926,740
-
16 · Occupancy
total $2,983,094 · program services $1,886,978 · management and general $1,093,355 · fundraising $2,761
-
17 · Travel
total $589,582 · program services $570,306 · management and general $14,311 · fundraising $4,965
-
20 · Interest
total $870,002 · program services $737,125 · management and general $117,132 · fundraising $15,745
-
22 · Depreciation, depletion and amortization
total $1,145,950 · program services $970,851 · management and general $154,352 · fundraising $20,747
-
23 · Insurance
total $519,730 · program services $37,501 · management and general $480,706 · fundraising $1,523
-
24a · Other expenses: CONTRACTED SERVICES
total $1,290,463 · program services $661,638 · management and general $624,897 · fundraising $3,928
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $460,586 · program services $269,533 · management and general $191,053
-
24c · Other expenses: BAD DEBT EXPENSE
total $365,823 · management and general $365,823
-
24d · Other expenses: COURSE EXPENSES
total $220,824 · program services $220,824
-
24e · All other expenses
total $180,099 · program services $150,053 · fundraising $30,046
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,750,467 · end of year $4,248,356
-
2 · Savings and temporary cash investments
beginning of year $6,155,631 · end of year $6,095,563
-
3 · Pledges and grants receivable
beginning of year $2,177,007 · end of year $87,590
-
4 · Accounts receivable
beginning of year $837,769 · end of year $3,475,646
-
8 · Inventories for sale or use
beginning of year $360,000 · end of year $261,094
-
9 · Prepaid expenses and deferred charges
beginning of year $3,480,029 · end of year $2,234,935
-
10a · Land, buildings and equipment: cost or other basis
$39,668,345
-
10b · Land, buildings and equipment: accumulated depreciation
$13,646,128
-
10c · Land, buildings and equipment, net
beginning of year $29,598,215 · end of year $26,022,217
-
14 · Intangible assets
beginning of year $795,634 · end of year $1,728,565
-
15 · Other assets
beginning of year $0 · end of year $4,854,132
-
17 · Accounts payable and accrued expenses
beginning of year $3,749,104 · end of year $4,452,764
-
19 · Deferred revenue
beginning of year $859,916 · end of year $1,966,991
-
23 · Secured mortgages and notes payable
beginning of year $18,361,012 · end of year $18,953,094
-
25 · Other liabilities
beginning of year $364,641 · end of year $4,909,039
-
27 · Net assets without donor restrictions
beginning of year $16,287,078 · end of year $13,211,949
-
28 · Net assets with donor restrictions
beginning of year $5,533,001 · end of year $5,514,261
Mission and programs · 2022
Mission
TO EDUCATE STUDENTS FOR CHRIST-CENTERED SERVICE AND LEADERSHIP THROUGHOUT THE WORLD.
-
POINT UNIVERSITY OFFERS ASSOCIATE DEGREE PROGRAMS, BACHELOR'S DEGREE PROGRAMS, MASTER'S DEGREE PROGRAMS, AND CERTIFICATE PROGRAMS IN THE ACADEMIC AREAS OF BIBLICAL STUDIES AND MINISTRY, BUSINESS AND LEADERSHIP, SOCIAL AND BEHAVIORAL SCIENCES AND HUMAN SERVICES, EDUCATION, HUMANITIES, MUSIC, BIOLOGY, AND EXERCISE AND HEALTH SCIENCES (NOT ALL ACADEMIC AREAS AT ALL LEVELS). OVER 2,000 STUDENTS ARE ENROLLED IN THE RESIDENTIAL PROGRAM AT WEST POINT, THE ONLINE PROGRAM, AND OFF-SITE LOCATIONS (PEACHTREE CITY AND SAVANNAH IN GEORGIA).
Expenses $33,826,540 · Grants $12,344,937 · Revenue $30,859,108
As filed on the 2022 return.
Listed in Part VII
-
Andre KennebrewANDRE KENNEBREW
TRUSTEE/CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Faith SimpsonDR FAITH SIMPSON
TRUSTEE/VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
David McDanielDAVID MCDANIEL
TRUSTEE/TREASURER & SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Marvin BusseyMARVIN BUSSEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Andrew CathyANDREW CATHY
TRUSTEE (THRU 09.22)
- Total calculated
- $0
- Hours/week
- 0.5
-
Randy CordellRANDY CORDELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert DayROBERT DAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
David DeeterDAVID DEETER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeremy FineJEREMY FINE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
J Ross GreeneJ ROSS GREENE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Campbell HuxfordCAMPBELL HUXFORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Paul LesliePAUL LESLIE
TRUSTEE (THRU 09.22)
- Total calculated
- $0
- Hours/week
- 0.5
-
Rob RaynorROB RAYNOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Amory ScottAMORY SCOTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Derrick ShieldsDERRICK SHIELDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Jim SloderbeckDR JIM SLODERBECK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Alan StithALAN STITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Dean C CollinsDR DEAN C COLLINS
PRESIDENT
- Total calculated
- $343,526
- From this org
- $296,171
- From related orgs
- $0
- Other
- $47,355
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $244,851
- Bonus
- $50,000
- Other
- $1,320
- Deferred
- $7,004
- Nontaxable benefits
- $40,351
- Filer's total
- $343,526
-
Sena LandeySENA LANDEY
INTERIM CFO/OUTSOURCED
- Total calculated
- $40,000
- From this org
- $40,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Stephen T WeaverSTEPHEN T WEAVER
PROFESSOR - BUSINESS
- Total calculated
- $151,772
- From this org
- $130,074
- From related orgs
- $0
- Other
- $21,698
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $130,074
- Bonus
- $0
- Other
- $0
- Deferred
- $4,145
- Nontaxable benefits
- $17,553
- Filer's total
- $151,772
-
Stacey A BartlettSTACEY A BARTLETT
CHIEF OF STAFF
- Total calculated
- $123,960
- From this org
- $114,586
- From related orgs
- $0
- Other
- $9,374
- Hours/week
- 40
-
Joshua RiceJOSHUA RICE
PROFESSOR - BIBLICAL STUDIES
- Total calculated
- $102,335
- From this org
- $102,335
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Margaret HodgeMARGARET HODGE
HR DIRECTOR
- Total calculated
- $110,626
- From this org
- $101,685
- From related orgs
- $0
- Other
- $8,941
- 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. 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
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
- AN ANNUAL, NONTAXABLE, HOUSING ALLOWANCE OF $34,500 IS PROVIDED TO THE PRESIDENT, WHO IS AN ORDAINED MINISTER.
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
POINT UNIVERSITY GOLF CLUB LLC
GOLF COURSE · AL · income $582,979 · assets $7,470,726
Directly controlled by POINT UNIVERSITY
-
POINT UNIVERSITY - FOUNDRY LLC
REAL ESTATE · GA · income $0 · assets $1,433,962
Directly controlled by POINT UNIVERSITY
-
POINT UNIVERSITY PROPERTIES LLC
REAL ESTATE · GA · income $0 · assets $1,535,593
Directly controlled by POINT UNIVERSITY
-
PU PROPERTIES LLC
REAL ESTATE · GA · income $123,869 · assets $0
Directly controlled by POINT UNIVERSITY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 9 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411349349301806
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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