2024-05-14T17:21:16-04:00 2023-06-30 481041128 SWINDOLL JANZEN HAWK & LOYD LLC 220 W DOUGLAS AVE SUITE 300 WICHITA KS 67202 990 2022-07-01 480543736 MCPHERSON COLLEGE MCPH 6202410731 PO BOX 1402 MCPHERSON KS 67460 MICHAEL SCHNEIDER COLLEGE PRESIDENT 6202410731 2024-02-23 true MICHAEL SCHNEIDER 999009999 true ADAM L GRILLIOT CPAPFS P00930960 3162655600 2024-02-23 2022 2023-04-26 12:10:37Z MICHAEL SCHNEIDER C/O MCPHERSON COLLEGE 1600 E EUCLID MCPHERSON KS 67460 695361230 false X WWW.MCPHERSON.EDU X 1887 KS TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION AND SERVICE. MCPHERSON COLLEGE IS A VIBRANT COMMUNITY OF PERSONS FROM DIVERSE FAITHS AND CULTURAL BACKGROUNDS. THE COLLEGE PROVIDES EDUCATION IN OVER 30 AREAS OF STUDY, SERVING APPROXIMATELY 860 STUDENTS. 25 25 522 52 0 30735552 656597441 30823942 31826635 3583350 1904507 233055 314021 65375899 690642604 16602954 17304660 0 11216958 12486819 0 1707736 11640671 14153647 39460583 43945126 25915316 646697478 110145615 763540173 14352799 18322188 95792816 745217985 X TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION AND SERVICE. MCPHERSON COLLEGE IS A VIBRANT COMMUNITY OF PERSONS FROM DIVERSE FAITHS AND CULTURAL BACKGROUNDS. THE COLLEGE PROVIDES EDUCATION IN OVER 30 AREAS OF STUDY, SERVING APPROXIMATELY 860 STUDENTS. false false 37237342 17304660 31826635 MCPHERSON COLLEGE IS COMMITTED TO ITS MISSION "TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION AND SERVICE" IN A CAREER-FOCUSED LIBERAL ARTS ENVIRONMENT. IT HAS BEEN RECOGNIZED NATIONALLY BY US NEWS & WORLD REPORT, MONEY MAGAZINE, AND THE CHRONICAL OF HIGHER EDUCATION'S "GREAT COLLEGES TO WORK FOR". ITS AUTOMOTIVE RESTORATION PROGRAM IS THE FIRST FOUR-YEAR DEGREE PROGRAM OF ITS KIND. IN 2023, MCPHERSON COLLEGE'S 1953 MERCEDES-BENZ 300S CABRIOLET SECURED SECOND IN CLASS AT THE 72ND PEBBLE BEACH CONCOURS D'ELEGANCE -THE FIRST TIME IN THE HISTORY OF THE SHOW, A CAR RESTORED BY STUDENTS LANDED A PODIUM SPOT. LEARN ABOUT ALL THE 40 MAJORS AND PRE-PROFESSIONAL PROGRAMS AT WWW.MCPHERSON.EDU. 37237342 true true false false false false false true false true true false false false true true true false true false false false false false false false false false true true true false false false false false false false false false false true false false false false true false false false true 93 0 true 522 true false false false false false true true false false false false true false false false X 25 25 false false false false false false false true true false false true true true true true true true true false X X CAROL SUMMERVILL 6202410731 C/O MCPHERSON COLLEGE MCPHERSON KS 67460 X MICHAEL SCHNEIDER COLLEGE PRES 50.00 X 336952 0 45706 AMANDA GUTIERREZ PROVOST/EXEC 50.00 X 128955 0 28776 RICHARD TUXHORN DIR OF ENDOW 50.00 X 114660 0 11595 ERIK VOGEL VP FOR ADVAN 50.00 X 113298 0 26885 SHANA MEYER VP FOR STUDE 50.00 X 114095 0 17031 ABBEY ARCHER-RIERSON CHIEF OF STA 50.00 X 102062 0 20843 CAROL SUMMERVILL VP FOR FINAN 50.00 X 105488 0 10549 KERRI KOBBEMAN CHAIR 3.00 X X 0 0 0 DARYL BEAM VICE CHAIR 3.00 X X 0 0 0 LAUREL GILLISPIE SECRETARY 3.00 X X 0 0 0 JOHN HOLTHUS TREASURER 3.00 X X 0 0 0 PAULA VINCENT TRUSTEE 1.00 X 0 0 0 CAROLYN COON TRUSTEE 1.00 X 0 0 0 JULIE HUBER TRUSTEE 1.00 X 0 0 0 RICK DOLL TRUSTEE 1.00 X 0 0 0 NICK GRIGGS TRUSTEE 1.00 X 0 0 0 DENNIS HOUGHTON TRUSTEE 1.00 X 0 0 0 KATHY MELHORN TRUSTEE 1.00 X 0 0 0 MARTY WARD TRUSTEE 1.00 X 0 0 0 MODENA WILSON TRUSTEE 1.00 X 0 0 0 ERICA ALVAREZ-STANTON TRUSTEE 1.00 X 0 0 0 MYRON STINE TRUSTEE 1.00 X 0 0 0 CRAIG LITTLE TRUSTEE 1.00 X 0 0 0 SHARHONDA MACLIN TRUSTEE 1.00 X 0 0 0 RONDA NEHER TRUSTEE 1.00 X 0 0 0 CRAIG HOLMAN TRUSTEE 1.00 X 0 0 0 RANDEE KOGER TRUSTEE 1.00 X 0 0 0 JIM LOVING TRUSTEE 1.00 X 0 0 0 RICHARD LUNDQUIST TRUSTEE 1.00 X 0 0 0 STEPHANIE REITZ TRUSTEE 1.00 X 0 0 0 LES SHENEFELT TRUSTEE 1.00 X 0 0 0 PAM TUCKER TRUSTEE 1.00 X 0 0 0 1015510 161385 8 false true false BECK ASSOCIATES ARCHITECTS 110 WEST 7TH STREET SUITE 710 TULSA OK 74119 DESIGN 1103818 REACH SOLUTIONS PO BOX 485 MCPHERSON KS 67460 IT SUPPORT 415456 ENROLLMENT MARKETING INC 352 MAIN STREET 333 ONEONTA NY 13820 MKG/ENRLMNT SRV 400662 TIM CHEATHAM CONSTRUCTION LLC 1015 W WOODSIDE MCPHERSON KS 67460 CONSTRUCTION 378984 SWINDOLL JANZEN HAWK & LOYD 123 S MAIN MCPHERSON KS 67460 ACCOUNTING 158649 5 1106487 655490954 146931 656597441 TUITION & FEES 611710 25794780 25794780 AUXILIARY ENTERPRISE 611710 5342808 5342808 OTHER INCOME 611710 689047 689047 31826635 2081149 2081149 313062 313062 4460835 22949 4659945 481 -199110 22468 -176642 -176642 59159 58200 959 959 690642604 31649993 2395170 17304660 17304660 451612 33695 316831 101086 9265378 7764302 703647 797429 779337 611539 135843 31955 1331394 1045812 234125 51457 659098 529969 101869 27260 895251 194930 446677 253644 84737 84737 112913 112913 806627 806627 664212 603254 60458 500 907618 804326 74859 28433 544369 271655 179099 93615 882853 78190 788149 16514 1409253 1290527 118352 374 939855 755487 49591 134777 415905 186530 165704 63671 441243 413594 27649 1482971 1390879 92092 709189 396079 313110 AUXILIARY 2262575 2262575 CO CURRICULAR 743499 641351 102148 GENERAL EDUCATION 627680 524080 1783 101817 OTHER 222897 133908 83785 5204 43945126 37237342 5000048 1707736 528611 1358168 5893502 5365147 25164665 672879939 532810 500562 731345 410657 2274298 2432549 30977 21149 62753009 31411721 27188660 31341288 26843477 29462388 18898849 18972767 2058421 795559 110145615 763540173 1170163 2729779 164538 131999 9957242 9651882 452682 1151221 2608174 4657307 14352799 18322188 X 32033123 31281849 63759693 713936136 95792816 745217985 110145615 763540173 X 646697478 2869608 -141917 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 53371147 638754749 3747661 3751120 692122437 53919730 3615520 -1285504 2878599 53371147 44470837 2259621 9878632 2689360 53919730 47125339 532926 -339842 2847586 44470837 47294586 884737 1409637 2463621 47125339 0.02150 0.97850 false false 5900690 5900690 42101408 31325978 10775430 8631009 85743 8545266 6119902 6119902 31341288 LINE OF CREDIT 2433907 SPLIT-INTEREST AGREEMENTS 1511939 US GOVERNMENT LOANS FUNDS REFUNDABLE 351922 OPERATING LEASE LIABILITIES 201638 FINANCING LEASE LIABILITIES 157901 4657307 X 675459125 2869608 2869608 672589517 806627 17246460 18053087 690642604 26033956 26033956 806627 17104543 17911170 43945126 SCHEDULE D, PAGE 2, PART V, LINE 4 MCPHERSON COLLEGE'S ENDOWMENT FUND IS INTENDED TO PROVIDE AN INVESTED PRINCIPAL FROM WHICH EARNINGS CAN BE DRAWN TO ENSURE INCOME FOR SCHOLARSHIPS FOR STUDENTS AND OTHER BOARD-DESIGNATED SPENDING AS NEEDED TO ENHANCE THE EDUCATIONAL EXPERIENCE WE STRIVE TO PROVIDE. SCHEDULE D, PAGE 3, PART X INCOME TAXES RELATED TO UNCERTAIN TAX POSITIONS, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTABLE FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COLLEGE DID NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022. TAX YEARS WITH OPEN STATUTES OF LIMITATIONS ARE 2020 AND FORWARD. SCHEDULE D, PAGE 4, PART XI, LINE 4B SCHOLARSHIPS & GRANTS 17,304,660 BOOKSTORE COGS -58,200 SCHEDULE D, PAGE 4, PART XII, LINE 4B SCHOLARSHIPS AND GRANTS 17,304,660 BOOKSTORE COGS -58,200 CHANGE IN VALUE OF SPLIT INT AGREEMENTS -141,917 true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 OUR NON-DISCRIMINATORY POLICY IS DISCLOSED ON OUR WEBSITE AND ON ALL APPLICATIONS FOR ADMISSION. SCHEDULE E, LINE 6 SCHEDULE E, LINE 6A - EXPLANATION OF GOVERNMENT FINANCIAL AID: MCPHERSON COLLEGE RECEIVES FEDERAL AID IN THE FORM OF PELL, FSEOG, FEDERAL WORK STUDY GRANTS, TEACHER EDUCATION ASSISTANCE FOR COLLEGE AND HIGHER EDUCATION, AND DIRECT LOANS. true STUDENT SCHOLARSHIPS 834 17304660 BOOK TUITION REDUCTI SCHEDULE I, PAGE 4, PART IV ALL SCHOLARSHIPS & GRANTS ARE AWARDED TO STUDENTS ATTENDING MCPHERSON COLLEGE. THESE SCHOLARSHIPS & GRANTS ARE NON-CASH AWARDS, REQUIRING THE AWARDS TO BE USED AS A DIRECT REDUCTION IN TUITION COST. X X true true X X X X false false false false false false false false false MICHAEL SCHNEIDER COLLEGE PRESIDENT 274856 62096 30500 15206 382658 AMANDA GUTIERREZ PROVOST/EXECUTIVE VP 128955 13570 15206 157731 SCHEDULE J, PAGE 1, PART I, LINE 1A UNDER IRC SECT 199(A)THE VALUE OF LODGING PROVIDED IN-KIND TO AN EMPLOYEE (THE PRESIDENT) FOR THE CONVENIENCE OF THE EMPLOYER IS EXCLUDABLE FROM GROSS INCOME IF THE EMPLOYEE IS REQUIRED TO ACCEPT SUCH LODGING ON THE BUSINESS PREMISES OF THE EMPLOYER AS A CONDITION OF EMPLOYMENT. THE COLLEGE REQUIRES AND FURNISHES A HOME FOR THE PRESIDENT'S USE AS A CONDITION OF HIS EMPLOYMENT. THE PRESIDENT IS TO USE THE HOME TO ENTERTAIN OR HOLD MEETINGS FOR BOARD MEMBERS, VARIOUS COLLEGE EMPLOYEES, POTENTIAL DONORS, AND STUDENTS. THIS IS A SCHOOL POLICY AND IS PART OF HIS EMPLOYMENT CONTRACT. THE PRESIDENT HAS USED THE RESIDENCE EXTENSIVELY FOR COLLEGE BUSINESS. HE HAS AN OFFICE IN THE HOUSE SOLELY DESIGNATED FOR COLLEGE WORK THAT HE USES EACH DAY AND ON WEEKENDS. THE PRESIDENT ENTERTAINS THE TRUSTEES WHICH DROP BY CONTINUOUSLY THROUGHOUT THE YEAR. THE PRESIDENT WILL HOLD CABINET MEETINGS AT THE HOUSE PERIODICALLY. MEETINGS WITH COMMUNITY OFFICIALS OCCUR FREQUENTLY AT THE HOUSE. THE PRESIDENT MEETS POTENTIAL AND LONG-TIME DONORS AT HIS HOME SEVERAL TIMES A MONTH TO SECURE CONTRIBUTIONS FOR THE COLLEGE. HE HOLDS A FRESHMAN SEMINAR CLASS AT THE HOME SEVERAL TIMES A MONTH. THE PRESIDENT HAS ALSO ALLOWED STUDENTS TO STAY AT THE HOUSE FOR SHORT STAYS WHEN NEEDED. HIS HOME IS ALWAYS OPEN TO STUDENTS TO DROP BY AND VISIT. THE PRESIDENT PERFORMS A MEANINGFUL PORTION OF HIS DUTIES AT HIS HOME. THE COLLEGE PAYS FOR THE PRESIDENT'S ANNUAL MEMBERSHIP TO THE MCPHERSON COUNTRY CLUB. THIS AMOUNT IS TREATED AS TAXABLE TO THE PRESIDENT AND INCLUDED IN WAGES. A CITY OF MCPHERSON KANSAS (A) 486019780 2016-02-23 11500000 false false false A 11500000 3380 200000 11246333 true false false true A false false false false false false false A false false false false false false false false false A false X 5 42664 MARKET VALUE X 1 92129 MARKET VALUE X SPORTS MEMORA- 30 12138 MARKET VALUE BILIA & OTHER false true true SCHEDULE M, PAGE 1, PART I, LINE 32B SCHEDULE M, LINE 32B: STOCK DONATIONS ARE RECEIVED AT PEOPLES BANK AND TRUST IN MCPHERSON, KANSAS. AFTER THE DONOR IS IDENTIFIED, THE BANK SELLS THE STOCK AND DEPOSITS THE PROCEEDS IN A SEPARATE ACCOUNT SET UP FOR THESE TRANSACTIONS LESS THEIR COMMISSION. FORM 990 - ORGANIZATION'S MISSION TO DEVELOP WHOLE PERSONS THROUGH SCHOLARSHIP, PARTICIPATION AND SERVICE. MCPHERSON COLLEGE IS A VIBRANT COMMUNITY OF PERSONS FROM DIVERSE FAITHS AND CULTURAL BACKGROUNDS. THE COLLEGE PROVIDES EDUCATION IN OVER 30 AREAS OF STUDY, SERVING APPROXIMATELY 860 STUDENTS. FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED BY THE VP FOR FINANCE AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS BEFORE BEING FILED. IN ADDITION, A COMPLETE COPY OF THE FORM 990 IS MADE AVAILABLE TO EACH BOARD MEMBER TO VIEW, VIA A PASSWORD-PROTECTED WEBSITE, PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C CONFLICTS OF INTEREST ARE REVIEWED PERIODICALLY FOR VIOLATIONS OF POLICIES. IF A CONFLICT ARISES THE TRUSTEES ARE RECUSED FROM THE VOTE. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION DETERMINATION IS AIDED THROUGH THE USE OF COMPARATIVE DATA FROM SIMILAR SIZE ENTITIES AND INDEPENDENT DATA OBTAINED BY THE BOARD AND MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION DETERMINATION IS AIDED THROUGH THE USE OF COMPARATIVE DATA FROM SIMILAR SIZE ENTITIES AND INDEPENDENT DATA OBTAINED BY THE BOARD AND MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII MCPHERSON COLLEGE RECEIVED A COMMITMENT FOR A HISTORIC 1 BILLION ENDOWMENT ESTATE GIFT AFTER COMPLETING A DOUBLE MATCH CHALLENGE. THE MCPHERSON COLLEGE BOARD OF TRUSTEES VOTED UNANIMOUSLY TO NAME THE MCPHERSON COLLEGE ENDOWMENT AFTER TWO LATE ALUMNI AND PROFESSORS AT MCPHERSON COLLEGE, DRS. JOHN WARD AND JOHN BURKHOLDER. THE DONOR AGREEMENT PROVIDES THE FLEXIBILITY FOR THE ANONYMOUS DONOR TO PAY OUT OVER TIME, OR IT IS ALL PAID IN FULL UPON THE DONOR'S DEATH, WHICH IS THE LATEST TIME AT WHICH MCPHERSON COLLEGE WOULD HAVE ACCESS TO THE ANONYMOUS DONOR'S 1 BILLION. MOST OTHER GIFTS TO MEET THE CHALLENGE WILL COME OVER TIME AS PART OF ESTATE COMMITMENTS. FORM 990, PART XI, LINE 9 SCHOLARSHIPS & GRANTS -17,304,660 BOOKSTORE COGS 58,200 SCHOLARSHIPS AND GRANTS 17,304,660 BOOKSTORE COGS -58,200 CHANGE IN VALUE OF SPLIT INT AGREEMENTS -141,917 TOTAL -141,917 KS INDEPENDENT COLLEGE ASSOCIATION 700 S KANSAS AVE SUITE 622A TOPEKA KS 66603 480766794 ED SUPPORT KS 501C3 12A N/A false KS INDEPENDENT COLLEGE FOUNDATION 700 S KANSAS AVE SUITE 622B TOPEKA KS 66603 480636041 ED SUPPORT KS 501C3 12A N/A false false false false false false false false false false false false true false false false false false false false KS INDEPENDENT COLLEGE ASSN L 159819 INVOICES KS INDEPENDENT COLLEGE FOUNDATION L 203351 INVOICES