Totals
- Total revenue
- $22,350,691
- Total expenses
- $30,621,424
- Contributions and grants received
- $5,639,895
- Grants paid
- $5,592,574
- Program service revenue
- $17,626,759
- Investment income
- -$958,283
- Other revenue
- $42,320
- Total assets, end of year
- $99,747,006
- Total liabilities, end of year
- $15,681,209
- Net assets or fund balances, end of year
- $84,065,797
- Program services expenses (Part IX)
- $24,634,621
- Management and general expenses
- $5,222,540
- Fundraising expenses
- $764,263
- Program service expenses (Part III)
- $24,634,621
Program services were 80.4% 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.
-
1e · Government grants (contributions)
$134,495
-
1f · All other contributions, gifts and grants
$5,505,400
-
1g · Noncash contributions included above
$245,892
-
2a · Program service revenue: TUITION AND FEES
total $13,508,175 · related or exempt $13,508,175
-
2b · Program service revenue: RESIDENCE HALL FEES
total $1,869,020 · related or exempt $1,869,020
-
2c · Program service revenue: FOOD SERVICE INCOME
total $1,023,273 · related or exempt $1,023,273
-
2d · Program service revenue: OTHER PROGRAM RELATED
total $789,334 · related or exempt $789,334
-
2e · Program service revenue: SALES AND SERVICES OF EDUCATIONAL
total $387,079 · related or exempt $387,079
-
2f · All other program service revenue
total $49,878 · related or exempt $49,878
-
3 · Investment income
total $1,329,600 · excluded $1,329,600
-
5 · Royalties
total $42,320 · excluded $42,320
-
7a · Gross sales of assets other than inventory
securities $4,169,542 · other assets $8,623
-
7b · Less cost or other basis and sales expenses
securities $6,466,048 · other assets $0
-
7c · Gain or loss
securities -$2,296,506 · other assets $8,623
-
7d · Net gain or loss
total -$2,287,883 · excluded -$2,287,883
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $5,592,574 · program services $5,592,574
-
5 · Compensation of officers, directors and key employees
total $1,918,824 · program services $641,113 · management and general $1,277,711
-
7 · Other salaries and wages
total $9,416,622 · program services $6,572,769 · management and general $2,418,843 · fundraising $425,010
-
9 · Other employee benefits
total $1,290,133 · program services $1,117,576 · management and general $101,120 · fundraising $71,437
-
11b · Fees: legal
total $26,047 · management and general $26,047
-
11c · Fees: accounting
total $115,254 · management and general $115,254
-
11f · Fees: investment management
total $115,805 · management and general $115,805
-
11g · Fees: other
total $3,337,419 · program services $2,223,449 · management and general $1,075,328 · fundraising $38,642
-
12 · Advertising and promotion
total $491,287 · program services $101,917 · management and general $389,370
-
13 · Office expenses
total $1,369,877 · program services $550,159 · management and general $761,302 · fundraising $58,416
-
16 · Occupancy
total $1,280,666 · program services $56,567 · management and general $1,224,099
-
17 · Travel
total $246,597 · program services $164,136 · management and general $34,787 · fundraising $47,674
-
20 · Interest
total $449,158 · program services $449,158
-
22 · Depreciation, depletion and amortization
total $2,436,840 · program services $2,300,702 · management and general $120,122 · fundraising $16,016
-
23 · Insurance
total $793,205 · program services $4,001 · management and general $789,204
-
24a · Other expenses: OTHER EXPENSES
total $1,709,468 · program services $781,037 · management and general $849,783 · fundraising $78,648
-
24b · Other expenses: NON-CAPITAL EQUIPMENT
total $17,359 · program services $739 · management and general $16,620
-
24c · Other expenses: MUSIC PROGRAMMING
total $14,289 · program services $14,289
-
24d · Other expenses: PLANT ALLOCATION
total $0 · program services $4,064,435 · management and general -$4,092,855 · fundraising $28,420
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,443,489 · end of year $647,199
-
2 · Savings and temporary cash investments
beginning of year $12,585,641 · end of year $8,913,568
-
3 · Pledges and grants receivable
beginning of year $9,895,976 · end of year $7,272,752
-
4 · Accounts receivable
beginning of year $3,515,076 · end of year $3,633,724
-
8 · Inventories for sale or use
beginning of year $14,286 · end of year $27,617
-
9 · Prepaid expenses and deferred charges
beginning of year $397,300 · end of year $288,684
-
10a · Land, buildings and equipment: cost or other basis
$79,504,908
-
10b · Land, buildings and equipment: accumulated depreciation
$50,170,373
-
10c · Land, buildings and equipment, net
beginning of year $27,538,503 · end of year $29,334,535
-
11 · Investments: publicly traded securities
beginning of year $45,788,918 · end of year $48,724,382
-
12 · Investments: other securities
beginning of year $457,438 · end of year $185,101
-
13 · Investments: program-related
beginning of year $600,334 · end of year $582,689
-
15 · Other assets
beginning of year $128,026 · end of year $136,755
-
17 · Accounts payable and accrued expenses
beginning of year $2,538,996 · end of year $1,867,378
-
18 · Grants payable
beginning of year $547,358 · end of year $490,383
-
19 · Deferred revenue
beginning of year $817,763 · end of year $857,972
-
20 · Tax-exempt bond liabilities
beginning of year $6,431,635 · end of year $6,261,795
-
25 · Other liabilities
beginning of year $6,120,478 · end of year $6,203,681
-
27 · Net assets without donor restrictions
beginning of year $20,402,303 · end of year $18,592,974
-
28 · Net assets with donor restrictions
beginning of year $65,506,454 · end of year $65,472,823
Mission and programs · 2022
Mission
HISTORICALLY COMMITTED TO MEETING THE CHANGING NEEDS OF WOMEN, STEPHENS COLLEGE ENGAGES STUDENTS IN AN INNOVATIVE EDUCATIONAL EXPERIENCE FOCUSED ON PRE-PROFESSIONAL FIELDS AND THE PERFORMING ARTS AND GROUNDED IN THE LIBERAL ARTS. GRADUATES OF STEPHENS ARE CAREER-READY WOMEN OF DISTINCTION, CONNECTED THROUGH A SUPPORTIVE NETWORK OF ALUMNAE ACROSS THE WORLD, CONFIDENT IN THEMSELVES, AND INSPIRED BY OUR TRADITION OF THE TEN IDEALS AS CORE VALUES THAT ENRICH WOMEN'S LIVES.
Activities or mission (Part I)
PROVIDE TRADITIONAL AND NONTRADITIONAL STUDENTS OPPORTUNITIES TO EARN UNDERGRADUATE AND GRADUATE DEGREES.
-
INSTRUCTION & RELATED EDUCATIONAL AND GENERAL EXPENSES OF APPROXIMATELY 700 STUDENTS.
Expenses $24,634,621 · Grants $5,592,574 · Revenue $17,626,759
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ellen VollrathELLEN VOLLRATH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Valerie ShawVALERIE SHAW
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Gayle BentsenGAYLE BENTSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John SebreeJOHN SEBREE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sara CrosbySARA CROSBY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Vice Admiral Nancy E BrownVICE ADMIRAL NANCY E BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Greg FlakerGREG FLAKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Angeleigha MendezANGELEIGHA MENDEZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
M Anne MurphyM ANNE MURPHY
CHAIR OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1
-
Anita ParranANITA PARRAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tom RichardsTOM RICHARDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Vicki RussellVICKI RUSSELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rajah Maples-WallaceRAJAH MAPLES-WALLACE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dylan ShelofskyDYLAN SHELOFSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Silissa Uriarte-SmithSILISSA URIARTE-SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael QuevliMICHAEL QUEVLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mary Ann SprinkleMARY ANN SPRINKLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Laura GrossLAURA GROSS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shatenita Whitfield HortonSHATENITA WHITFIELD HORTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kay NadelKAY NADEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leigh Anne PrestonLEIGH ANNE PRESTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ana XiemenesANA XIEMENES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer WilderJENNIFER WILDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Erica Rikki MennERICA RIKKI MENN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stacy PetersSTACY PETERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dianne LynchDIANNE LYNCH
PRESIDENT
- Total calculated
- $1,066,407
- From this org
- $920,144
- From related orgs
- $0
- Other
- $146,263
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $508,497
- Bonus
- $0
- Other
- $411,647
- Deferred
- $120,520
- Nontaxable benefits
- $25,743
- Filer's total
- $1,066,407
-
Laura Leigh NunnellyLAURA LEIGH NUNNELLY
VP FOR STUDENT DEVELOPMENT
- Total calculated
- $142,068
- From this org
- $127,714
- From related orgs
- $0
- Other
- $14,354
- Hours/week
- 40
-
Leslie WilleyLESLIE WILLEY
VP FOR ACADEMIC AFFAIRS
- Total calculated
- $174,515
- From this org
- $159,153
- From related orgs
- $0
- Other
- $15,362
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,153
- Bonus
- $0
- Other
- $0
- Deferred
- $5,740
- Nontaxable benefits
- $9,622
- Filer's total
- $174,515
-
Gina SholtisGINA SHOLTIS
VP FOR ENGAGEMENT
- Total calculated
- $176,630
- From this org
- $169,006
- From related orgs
- $0
- Other
- $7,624
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,006
- Bonus
- $0
- Other
- $0
- Deferred
- $5,933
- Nontaxable benefits
- $1,691
- Filer's total
- $176,630
-
Dane FuhrmanDANE FUHRMAN
VP FOR FINANCE ADMINISTRAT
- Total calculated
- $187,985
- From this org
- $161,948
- From related orgs
- $0
- Other
- $26,037
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,948
- Bonus
- $0
- Other
- $0
- Deferred
- $6,077
- Nontaxable benefits
- $19,960
- Filer's total
- $187,985
-
Derrell Lamont CarterDERRELL LAMONT CARTER
VP FOR ENROLLMENT MANAGEMENT/MARKETING
- Total calculated
- $180,441
- From this org
- $174,225
- From related orgs
- $0
- Other
- $6,216
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,225
- Bonus
- $0
- Other
- $0
- Deferred
- $6,171
- Nontaxable benefits
- $45
- Filer's total
- $180,441
-
Daniel Brian KissingerDANIEL BRIAN KISSINGER
DIRECTOR OF COUNSELING
- Total calculated
- $141,681
- From this org
- $131,134
- From related orgs
- $0
- Other
- $10,547
- Hours/week
- 40
-
Noreen Marie HouckNOREEN MARIE HOUCK
FOUNDING DIRECTOR OF NURSING
- Total calculated
- $179,082
- From this org
- $149,570
- From related orgs
- $0
- Other
- $29,512
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,570
- Bonus
- $0
- Other
- $0
- Deferred
- $5,783
- Nontaxable benefits
- $23,729
- Filer's total
- $179,082
-
Megan Renee BlakemoreMEGAN RENEE BLAKEMORE
DIRECTOR OF PA PROGRAM
- Total calculated
- $119,839
- From this org
- $115,765
- From related orgs
- $0
- Other
- $4,074
- 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 · Tax indemnification and gross-up payments
- 1a · Discretionary spending account
- 1a · Housing allowance or residence for personal use
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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
- DISCRETIONARY SPENDING ACCOUNT: THE DISCRETIONARY SPENDING ACCOUNT IS FOR COLLEGE EXPENSES AND ONLY FOR DONATIONS RECEIVED THAT ARE RESTRICTED TO THE PRESIDENTIAL DISCRETIONARY ACCOUNT. THE PRESIDENT IS PROVIDED WITH A HOUSE ON CAMPUS WHERE RECEPTIONS, MEETINGS, AND EVENTS ARE HELD. A HOUSEKEEPER IS ALSO PROVIDED TO ENSURE THE HOUSE IS KEPT CLEAN.
- PART I, LINE 4B
- DIANNE LYNCH RECEIVED $397,319 IN A 457(F) PAYOUT, WHICH IS CONSIDERED A NON-QUALIFIED RETIREMENT PLAN.
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401309349303030
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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