2024-03-05T17:10:11-06:00 2023-06-30 840884124 BiggsKofford PC 630 Southpointe Court Suite 200 Colorado Springs CO 80906 990 2022-07-01 202349108 Augustine Institute Inc AUGU 3039374420 6160 S Syracuse Way 310 Greenwood Village CO 80111 Angela Parsons CFO 3039374420 2024-03-05 1 Angela Parsons 999009999 0 Tyler Atkins P01818337 7195799090 2024-03-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Timothy Gray 6160 S Syracuse Way 310 Greenwood Village CO 80111 36270748 0 X www.augustineinstitute.org X 2005 CO The Augustine Institute serves the formation of Catholics for the New Evangelization. Through academic and parish programs, the Augustine Institute equips Catholics intellectually, spiritually, and pastorally to renew the Church and transform the world for Christ. 20 19 241 20 42626 0 16442185 17393202 10195724 11617532 595 3624 1786426 3489606 28424930 32503964 484410 580894 0 0 13405104 16796629 0 0 2206143 6560916 10568664 20450430 27946187 7974500 4557777 35356099 40048813 10699672 10465314 24656427 29583499 X The Augustine Institute serves the formation of Catholics for the New Evangelization. Through academic and parish programs, the Augustine Institute equips Catholics intellectually, spiritually, and pastorally to renew the Church and transform the world for Christ. 0 0 9523755 6781597 The Institute sells products, physically and digitally, in the form of video sets, instructional booklets, books and audio talks and dramas. 5664753 9635493 FORMED is a digital platform that brings together the best Catholic content from the Institute, Ignatius Press (IP)and many other Catholic content providers. FORMED is a strategic partnership between the Augustine Institute and IP, each entity with an interest of 75% and 25%, respectively. Subsequent to year end, the Institute bought out IP's 25% ownership of FORMED. 4647407 580894 2406236 The Augustine Institute Graduate School of Theology is a community of scholars and students united in the common mission to advance the New Evangelization through the exercise of the gift of theology. The Augustine Institute is an accredited member of the Association of Theological Schools. Inspired by St. Augustine's approach to evangelization, the Institute privileges narration, the telling of the story of God's mercy to his people, from the Creation through our Redemption in Christ and in the continuing unfolding of his mercy by his Providential governance of the Church. 898050 954657 The Augustine Institute's pilgrimage program provides a once in a lifetime opportunity to walk in the footsteps of Christ and the saints. Coordinated trips to the Holy Land, Rome, and other locations around the world include exclusive access to historic sites, unique encounters with the faith, and teaching from Augustine Institute faculty. 898050 954657 20733965 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 230 0 1 241 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 19 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X The Organization 3039374420 6160 S Syracuse Way 310 Greenwood Village CO 80111 Dr Timothy Gray President 40.00 X X 327970 0 104706 Angela Parsons Chief Financial Officer 40.00 X 168977 0 18856 Casey Verkamp Executive Vice President 40.00 X 240937 0 23197 John Doheny Chief Information Officer 40.00 X 226852 0 24296 Benjamin D Akers Executive Director, FORMED 40.00 X 187545 0 23126 Christoper Blum Provost 40.00 X 177166 0 22073 Michael Loungo Sr. VP of Development 40.00 X 287866 0 24132 Nancy Haskell Director of Major Gifts 40.00 X 194762 0 23181 Derek Wesley Sr. Gift Officer 40.00 X 185891 0 20477 Steven Flanigan Executive Producer 40.00 X 178870 0 21124 Brian Truckenbrod Director of Evangelization 40.00 X 175707 0 22169 Robert Weber Chair 2.00 X X 0 0 0 Wayne Murdy Treasurer 2.00 X X 0 0 0 Judy Dunn Secretary 2.00 X X 0 0 0 Alex Gillett Trustee 2.00 X 0 0 0 Andy Szocs Trustee 2.00 X 0 0 0 Archbishop Samuel Aquila Trustee 2.00 X 0 0 0 Dan Doheny Trustee 2.00 X 24000 0 2559 David Fischer Trustee 2.00 X 0 0 0 Father James Mason Trustee 2.00 X 0 0 0 Jeff Schmitz Trustee 2.00 X 0 0 0 Karmita Gusmano Trustee 2.00 X 0 0 0 Kevin Heringer Trustee 2.00 X 0 0 0 LeRoy Landhuis Trustee 2.00 X 0 0 0 Martha Reichert Trustee 2.00 X 0 0 0 Nancy Sevo Trustee 2.00 X 0 0 0 Robert Flanigan Trustee 2.00 X 0 0 0 Steven Goulart Trustee 2.00 X 0 0 0 Terry Considine Trustee 2.00 X 0 0 0 Thomas Everett Trustee 2.00 X 0 0 0 Justin Doyle Trustee (term ended June '23) 2.00 X 0 0 0 Marilyn Coors Trustee (term ended Nov. '22) 2.00 X 0 0 0 David Haley Trustee (term ended Nov. '22) 2.00 X 0 0 0 2376543 0 329896 40 0 1 0 0 17393202 5200 17393202 Subscriptions 900099 8226714 8226714 Tuition fees 611310 2406236 2406236 Pilgrimage revenue 900099 954657 954657 Other program revenue 900099 29925 29925 11617532 3624 3624 3934 3934 417761 375135 42626 42626 42626 6781897 3391649 3390248 3390248 Cafeteria income, net 722514 52798 52798 52798 32503964 15060578 42626 7558 X 580894 580894 1550962 1219516 200101 131345 12804880 10068434 1652050 1084396 395747 311175 51058 33514 1207990 949839 155851 102300 837050 658170 107994 70886 130455 24080 106375 194963 194963 10032 10032 4357140 3910418 238844 207878 649569 284036 136333 229200 2810832 2197951 585755 27126 779969 411983 362786 5200 1591671 1236042 192000 163629 181349 124882 29169 27298 2295604 1873327 422277 125012 86087 20107 18818 Events 603943 250272 249396 104275 Miscellaneous 591714 300448 290988 278 Less: Capitalized video -3753589 -3753589 27946187 20733965 5006079 2206143 3358235 2126494 4812434 1505644 1475405 1552252 459504 1851405 3847327 6237090 307479 392331 18414846 3094453 12680472 15320393 4024872 4505820 859463 3896915 6144598 12508 34271 35356099 40048813 3460892 2971534 1233444 1628689 6005336 5865091 10699672 10465314 X 19060217 25432389 5596210 4151110 24656427 29583499 35356099 40048813 4557777 369295 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 235000 570000 805000 180000 55000 1687 -1687 235000 150000 30000 44754 -44754 180000 59644 100000 -9644 150000 57457 2187 59644 1.00000 0 0 13891544 1801847 12089697 2024849 366407 1658442 1732886 874194 858692 765567 52005 713562 15320393 X Part V, Line 4: The Institute's endowment consists of four different scholarship endowments established to provide scholarships to the Institute's graduate students. As required by US GAAP, net assets associated with endowment funds, including funds designated by the board to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Part X, Line 2: The Institute is organized as a not-for-profit entity in the state of Colorado. The Internal Revenue Service has determined that the Institute is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code ("Code"), except to the extent the Institute generates unrelated business income primarily from rental income on the portion of the office building leased to third parties. The Institute does not expect to incur any unrelated business income tax for the years ended June 30, 2023 and 2022. The Institute evaluates the effect of uncertain tax positions, if any, and provides for those positions in accordance with the provisions of FASB ASC Topic 450, Contingencies. No tax accrual for uncertain tax positions has been recorded as management believes there are no uncertain tax positions for the Institute. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 Schedule E, Part I, Line 3 As the Augustine Institute falls under Revenue Procedure 75-50, Section 4.03(2)(b), then the requirements of Section 4.03(1) as modified by Rev. Proc. 2019-22, 2019-22 IRB 1260 do not apply. 1 North America - Canada and Mexico, but not the United States 0 20 Commissions for sales of product and subscriptions to FORMED.ORG. Royalties and Sales Commissions 41836 East Asia and the Pacific - Australia, Brunei, Burma, Cambodia, 0 7 Commissions for sales of product and subscriptions to FORMED.ORG. Royalties and Sales Commissions 2866 Sub-Saharan Africa - Angola, Benin, Botswana, Burkina Faso, 0 1 Commissions for sales of product and subscriptions to FORMED.ORG. Royalties and Sales Commissions 55 0 28 0 0 0 28 44757 0 44757 0 0 0 0 0 0 Part I, Line 2: The Institute monitors the activities conducted in foreign regions and provides commissions to reps in those regions based on sales data. Part I, line 3: The Institute tracked expenditures in accordance with the accrual basis of accounting. Part III Accounting Method: 1 Scholarships 288 580894 Part I, Line 2: The Institute maintains records documenting scholarships awarded and selection criteria used based on the individual's eligibility for the assistance. The Institute monitors the use of such assistance. X 0 1 0 0 0 0 0 0 0 Dr Timothy Gray President 252970 0 75000 0 0 0 90375 0 14331 0 432676 0 0 0 Angela Parsons Chief Financial Officer 153127 0 15850 0 0 0 7005 0 11851 0 187833 0 0 0 Casey Verkamp Executive Vice President 218437 0 22500 0 0 0 11298 0 11899 0 264134 0 0 0 John Doheny Chief Information Officer 204352 0 22500 0 0 0 11583 0 12713 0 251148 0 0 0 Benjamin D Akers Executive Director, FORMED 169545 0 18000 0 0 0 10825 0 12301 0 210671 0 0 0 Christoper Blum Provost 159366 0 17800 0 0 0 10102 0 11971 0 199239 0 0 0 Michael Loungo Sr. VP of Development 225366 0 62500 0 0 0 10469 0 13663 0 311998 0 0 0 Nancy Haskell Director of Major Gifts 129762 0 65000 0 0 0 10875 0 12306 0 217943 0 0 0 Derek Wesley Sr. Gift Officer 185891 0 0 0 0 0 8400 0 12077 0 206368 0 0 0 Steven Flanigan Executive Producer 160870 0 18000 0 0 0 9350 0 11774 0 199994 0 0 0 Brian Truckenbrod Director of Evangelization 161507 0 14200 0 0 0 10135 0 12034 0 197876 0 0 0 Part I, Line 4b Dr. Timothy Gray participates in a supplemental non-qualified retirement plan and the Augustine Institute made contributions to plan totaling $75,000 during 2022. Form 990, Part VI, Section A, line 2 John Doheny is the son of Dan Doheny. Form 990, Part VI, Section B, line 11b The form 990 and supporting schedules is reviewed by the finance committee of the board of trustees prior to filing. The form 990 is made available to the board of trustees for their review. Form 990, Part VI, Section B, line 12c All board members are required to complete a disclosure statement annually that lists any relationships or transactions that could pose a potential conflict. These forms are reviewed by the board of trustees, or an appointed committee of the board. If any potential conflicts are noted, the board will investigate further and take appropriate action if a conflict does exist. Form 990, Part VI, Section B, line 15 After the fiscal year end, a review is performed by the board of trustees for the president, and compensation is determined at that time for the following year. A similar process is performed by the board executive and board finance committees for other officers and key employees. Form 990, Part VI, Section C, line 19 Documents available upon request. Form 990, Part IX, line 11g Other professional fees: Program service expenses 3,910,418. Management and general expenses 238,844. Fundraising expenses 207,878. Total expenses 4,357,140. Form 990 Part XI Line 2c The process for overseeing the audit has not changed from prior years. Augustine Properties LLC 6160 So Syracuse Way Suite 310 Greenwood Village CO 80111 611854330 Building Rental CO 42626 13868536 Augustine Institute Inc 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 Augustine Properties LLC K 735875 Lease agreement