2024-11-21T10:29:06-06:00 2024-07-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2023-08-01 851562918 GREAT COMMISSION UNIVERSITY INC GREA 5156610930 PO BOX 190 5755 IN-9 HOWE IN 46746 SHARON HAMAN CFO 5156610930 2024-11-21 1 0 DAVID W LEMLER CPA CGMA P00378478 3177456411 2024-11-21 2023 2024-10-15 13:58:12Z SHARON HAMAN PO BOX 190 5755 IN-9 HOWE IN 46746 849249 0 X HTTPS://GCU.EDUCATION/ X 2020 IN GCU SERVES THE GLOBAL CHURCH BY EDUCATING MISSION LEADERS TO FULFILL THE GREAT COMMISSION OF JESUS CHRIST. GCU ACCOMPLISHES THIS MISSION THROUGH A COMPREHENSIVE PROGRAM OF BIBLICAL AND GENERAL EDUCATION, CHRIST-CENTERED SERVICE AND SUPPORT, AND APPLIED SCHOLARSHIP IN PRACTICAL ENVIRONMENTS. GCU OFFERS THESE ENVIRONMENTS THROUGH CHRISTIAN MINISTRIES THAT SUPPORT THE UNIVERSITY. 6 5 5 5 0 0 588844 809646 39028 33444 2 0 7238 6159 635112 849249 0 0 0 0 34466 90544 0 0 0 482100 633528 516566 724072 118546 125177 868824 1043312 219698 269009 649126 774303 X GCU SERVES THE GLOBAL CHURCH BY EDUCATING MISSION LEADERS TO FULFILL THE GREAT COMMISSION OF JESUS CHRIST. GCU ACCOMPLISHES THIS MISSION THROUGH A COMPREHENSIVE PROGRAM OF BIBLICAL AND GENERAL EDUCATION, CHRIST-CENTERED SERVICE AND SUPPORT, AND APPLIED SCHOLARSHIP IN PRACTICAL ENVIRONMENTS. GCU OFFERS THESE ENVIRONMENTS THROUGH CHRISTIAN MINISTRIES THAT SUPPORT THE UNIVERSITY. 0 0 225577 35603 OUR MAIN PROGRAM SERVICE IS OUR EDUCATIONAL PROGRAM, DIVIDED INTO THE GRADUATE PROGRAM MASTER OF DIVINITY AND THE UNDERGRADUATE PROGRAM BACHELOR IN THEOLOGY. THE TOTAL ENROLLMENT IN BOTH PROGRAMS IS APPROXIMATELY 50 STUDENTS (ABOUT 30% IN THE MDIV, 70% IN THE BA PROGRAM). OJECTIVE OF OUR EDUCATION IS TO RAISE THESE STUDENTS AS CAPABLE MISSION LEADERS, LEADING CHURCHES AND MINISTRIES IN DIFFERENT CULTURAL, SOCIOLOGICAL AND GEOGRAPHICAL CONTEXTS GLOBALLY. WE ACHIEVE THIS OBJECTIVE THROUGH A SOUND ACADEMIC THEOLOGICAL EDUCATION PAIRED WITH SPIRITUAL FORMATION PROGRAMS AND MINISTRY PRACTICE. THE QUALITY OF OUR PROGRAMS IS ASSURED THROUGH OUR ACCREDITING AGENCY TRACS (TRANSNATIONAL ASSOCIATION OF CHRISTIAN COLLEGES AND SCHOOLS), WITH WHOM WE HOLD THE STATUS AS APPLICANT AND ARE IN THE PROCESS TOWARD CANDIDACY.OUR STUDENTS ARE THOSE DIRECTLY SERVED BY OUR PROGRAMS - THROUGH THESE STUDENTS, BY EQUIPPING AND RAISING THEM ACCORDING TO THE SKILLSET MENTIONED ABOVE, WE SERVE INDERECTLY A FAR GREATER NUMBER OF PEOPLE OF DIFFERENT AGES, GENDER AND SOCIAL BACKGROUNDS.SINCE ALL OF OUR STUDENTS ARE ACTIVELY INVOLVED IN MINISTRY AND CHURCH ACTIVITIES IN THE CONTEXT OF GLOBAL MISSIONS THEY ARE ALREADY IMPACTING A CONSIDERABLE NUMBER OF PEOPLE AROUND THEM, IN DIRECT PERSONAL ENGAGEMENT AND VIRTUALLY THROUGH ONLINE ACTIVITIES. OUR STUDENTS ARE SERVING IN CURRENTLY ABOUT 20 DIFFERENT COUNTRIES ACROSS LATIN AMERICA, AFRICA AND EUROPE. BY PROVIDING OUR PROGRAMS TO THEM THE SCOPE OF OUR WORK STRETCHES ACROSS THESE LARGE CONTINENTS, AND THROUGH OUR STUDENTS' CONTINUOUSLY GROWING MISSIONARY ACTIVITIES, THE INDIRECT SCOPE OF OUR WORK REACHES FAR BEYOND OUR STUDENTS' IMMEDIATE LOCATIONS. 367417 RENOVATE AND DEVELOP THE INDIANA CAMPUS. BESIDES SERVING OUR DISTANCE EDUCATION STUDENTS GLOBALLY, WE DEVELOP OUR PHYSICAL CAMPUS IN HOWE, INDIANA, IN PREPARATION FOR PROVIDING OUR EDUCATIONAL AND MINISTERIAL PROGRAMS AND SERVICES TO ON-CAMPUS STUDENTS IN THE NEAR FUTURE. THE HISTORICAL CAMPUS, FORMERLY A MILITARY ACADEMY, STRETCHES ACROSS 56 ACRES WITH 25 BUILDINGS OF DIFFERENT KINDS WITH A TOTAL SQUARE FOOTAGE OF ABOUT 250,000. WE HAVE BEEN CONTINUOUSLY MAINTAINING, RENOVATING AND IMPROVING THIS VAST PROPERTY . DURING THE PAST YEAR, BESIDES REGULAR MAINTENANCE AND UP-KEEP, WE BROUGHT SIGNIFICANT IMPROVEMENTS TO SEVERAL BUILDINGS ESPECIALLY THROUGH GUTTER AND ROOFING UPGRADES, ALONG WITH INTERIOR RENOVATION PROJECTS TO PROVIDE MORE QUALITY LIVING AND WORKING SPACE. 592994 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X X SHARON HAMAN 5156610930 602 UNION ST HOWE IN 46746 X LUDWIG PAUL FOERSTER PRESIDENT 40.00 X X 0 0 0 ANTHONY CHIU CHAIR 5.00 X 0 0 0 JOSEPHINE DISLA BOARD MEMBER 5.00 X 0 0 0 AMANDA GARCIA BOARD MEMBER 5.00 X 0 0 0 ESTHER PENG BOARD MEMBER 5.00 X 0 0 0 DANIELLE WHITE BOARD MEMBER 5.00 X 0 0 0 0 0 0 0 0 0 0 0 809646 809646 TUITION & FEES 611310 33444 33444 33444 4000 0 4000 4000 4000 OTHER REVENUE 900099 2159 2159 2159 849249 35603 0 4000 X 76487 62720 13767 435 435 13622 11170 2452 109022 68406 40616 34 34 286868 268965 17903 7615 7615 137023 137023 23333 8592 14741 7484 7484 2035 2035 28199 28199 26915 26915 BAD DEBT EXPENSE 5000 5000 724072 592994 131078 0 228158 254234 429800 493102 6639 6639 346926 68209 193607 278717 10620 10620 868824 1043312 180407 237803 39291 31206 219698 269009 X 649126 774303 649126 774303 868824 1043312 125177 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 214465 25568 188897 132461 42641 89820 278717 X 1071430 222181 222181 849249 0 849249 946253 222181 222181 724072 0 724072 PART X, LINE 2: GCU IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. GCU IS CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIES FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(II). GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES REQUIRE GCU TO EXAMINE ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. GCU IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT 12 MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. GCU'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENT OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES, AND TOTAL $0 AND $0 FOR THE YEARS ENDED JULY 31, 2024 AND 2023, RESPECTIVELY. GCU'S FEDERAL AND STATE INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 PRIMARY PUBLICLY ACCESSIBLE INTERNET HOMEPAGE AT ALL TIMES DURING ITS TAXABLE YEAR IN A MANNER REASONABLY EXPECTED TO BE NOTICED BY VISITORS TO THE HOMEPAGE. THE NONDISCRIMINATORY POLICY IS ON OUR WEBSITE. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 12C GCU'S POLICY DICTATES THAT ALL DIRECTORS, OFFICERS, AGENTS AND EMPLOYEES MUST DISCLOSE AND REPORT ANY POTENTIAL ISSUES THAT COULD GIVE RISE TO A CONFLICT OF INTEREST. EACH TRUSTEE SIGNS A DECLARATION EACH YEAR TO INDICATE ANY CONFLICT OR ATTEST TO THE FACT THAT THERE WERE NOT CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G ADJUNCT FACULTY AND ACADEMIC SUPPORT: PROGRAM SERVICE EXPENSES 68,406. MANAGEMENT AND GENERAL EXPENSES 40,616. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,022. PART XII, LINCE 2C HORIZON'S BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE FINANCIAL STATEMENTS, TAX RETURNS AND RESPONSIBLE FOR THE SELECTION OF INDEPENDENT ACCOUNTANTS.