2025-04-14T19:14:42-05:00 2024-05-31 232226550 MMQ & ASSOCIATES PC 1173 CLAY AVENUE SCRANTON PA 18510 990 2023-06-01 150543962 CLARKS SUMMIT UNIVERSITY CLAR 5705862400 538 VENARD ROAD CLARKS SUMMIT PA 18411 JAMES LYTLE PRESIDENT 5705862400 2025-04-14 1 1 MARY ANN NOVAK CPA P01056330 5709610345 2025-04-14 2023 2025-03-06 01:10:19Z JAMES LYTLE 538 VENARD ROAD CLARKS SUMMIT PA 18411 8481620 0 X WWW.CLARKSSUMMITU.EDU X 1932 PA ACCREDITED, PRIVATE CHRISTIAN ORGANIZATION PROVIDING UNDERGRADUATE, GRADUATE, AND SEMINARY DEGREE PROGRAMS. 19 18 179 0 0 0 1146420 729346 7595271 7651886 113790 41397 116608 58991 8972089 8481620 0 0 0 0 5594822 5973972 0 0 68983 5248574 5518929 10843396 11492901 -1871307 -3011281 9680012 8828884 6387925 8526700 3292087 302184 X CLARKS SUMMIT UNIVERSITY IS A FULLY ACCREDITED, CHRIST-CENTERED EDUCATIONAL INSTITUTION LOCATED IN A SUBURBAN AREA OF THE SCRANTON/WILKES-BARRE, PA METROPOLITAN AREA. OUTSTANDING BIBLICAL HIGHER EDUCATION IS OFFERED THROUGH ON-CAMPUS, ONLINE, AND OTHER DISTANCE LEARNING OPTIONS. STUDENTS LEARN TO SERVE AND LEAD AS THEY GAIN CRITICAL LEADERSHIP AND LIFE SKILLS. OUR STUDENTS, FACULTY, AND STAFF CONTRIBUTE TO A BETTER QUALITY OF LIFE IN NORTHEASTERN PENNSYLVANIA AND AROUND THE WORLD. OUR SCENIC 114-ACRE CAMPUS INCLUDES 17 MAJOR BUILDINGS, ATHLETIC FACILITIES, AND A 4 1/2-ACRE LAKE. NEARLY 13,000 PEOPLE HAVE EARNED DEGREES AND HAVE LIVED IN ALL 50 STATES AND AS MANY FOREIGN COUNTRIES. 0 0 6289197 5628221 REVENUE FROM TUITION AND FEES PAYS FOR A RANGE OF TEACHING, MATERIALS, ADMINISTRATIVE, AND TECHNICAL EXPENSES. WITH NEARLY 1,100 STUDENTS, CLARKS SUMMIT UNIVERSITY OFFERS STUDIES FROM A ONE-YEAR BIBLE CERTIFICATE TO FULL DOCTORATE PROGRAMS. UNDERGRADUATE MAJORS RANGE FROM INTERCULTURAL YOUTH MINISTRIES AND WORSHIP PASTOR TO BUSINESS ADMINISTRATION AND TEACHER EDUCATION. THE COLLEGE AND SEMINARY STAFF INCLUDES 23 FULL-TIME FACULTY, 16 OF WHOM HOLD TERMINAL DOCTORATE DEGREES. ACCREDITATION IS PROVIDED BY BOTH THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS AND THE ASSOCIATION FOR BIBLICAL HIGHER EDUCATION. ALL DEGREES ARE APPROVED BY THE COMMONWEALTH OF PENNSYLVANIA. MORE THAN 95 PERCENT OF UNDERGRADUATE STUDENTS RECEIVE SOME FORM OF FINANCIAL AID. 1289975 2023665 AUXILIARY ENTERPRISES INCLUDE ROOM, BOARD, CAFE AND OTHER ANCILLARY FUNCTIONS OF THE INSTITUTION. 7579172 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 1 668 0 1 179 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X THE ORGANIZATION 5705859208 538 VENARD ROAD CLARKS SUMMIT PA 18411 X JAMES LYTLE PRESIDENT 45.00 X X 137675 0 2400 JEFF HOWELL SECRETARY 2.00 X 0 0 0 DAN KALLMAN BOARD MEMBER 2.00 X 0 0 0 LARRY GREEN BOARD MEMBER 2.00 X 0 0 0 DONN HAUSER BOARD MEMBER 2.00 X 0 0 0 KEZIA CURRY BOARD MEMBER 2.00 X 0 0 0 GRACE DYSON BOARD MEMBER 2.00 X 0 0 0 DR JOHN GREENING BOARD MEMBER 2.00 X 0 0 0 SCOTT GREENING BOARD MEMBER 2.00 X 0 0 0 TOM BENEFIEL TREASURER 2.00 X 0 0 0 AARON MARSHALL VICE CHAIRMAN 2.00 X 0 0 0 MATT CALDERON CHAIRMAN 2.00 X 0 0 0 MILT KORNEGAY BOARD MEMBER 2.00 X 0 0 0 JOHN PLETCHER BOARD MEMBER 2.00 X 0 0 0 RICHARD CHRISTEN BOARD MEMBER 2.00 X 0 0 0 JOHN MCNEAL BOARD MEMBER 2.00 X 0 0 0 GARY MOOSEY BOARD MEMBER 2.00 X 0 0 0 RUTH TROTT BOARD MEMBER 2.00 X 0 0 0 RANDY CARMAN BOARD MEMBER 2.00 X 0 0 0 WILLIAM HIGLEY ASSISTANT SECRETARY 40.00 X 91034 0 13898 PAUL GOLDEN DIRECTOR OF ALUMNI SERVICE 40.00 X 55996 0 12869 ALLEN DREYER EXECUTIVE DIRECTOR FOR ADM 40.00 X 62431 0 12728 CATHERINE MOYNIHAN TO 22024 CONTROLLER 40.00 X 61893 0 2400 409029 0 44295 1 0 0 0 ALADDIN FOOD MANAGEMENT SERVICES LLC 16567 COLLECTIONS CTR DRIVE CHICAGO IL 60693 FOOD SERVICE 639525 SHARED SERVICES HEALTH PLAN TRUST 514 UNIVERSITY AVENUE SELINSGROVE PA 17870 HEALTH INSURANCE 613226 INTEGRAONE 7248 TILGHMAN STREET ALLENTOWN PA 18106 NETWORK/IT MANAGEMENT 144402 PPL 827 HAUSMAN ROAD ALLENTOWN PA 18104 UTILITIES 113207 ANTHOLOGY INC 5201 CONGRESS AVE BOCA RATON FL 33487 STUDENT INFORMATION SYSTEM 103864 5 131546 597800 53891 729346 TUITION & FEES 611710 5628221 5628221 AUXILIARY ENTERPRISES 611710 2023665 2023665 7651886 36124 36124 5273 0 5273 5273 5273 MISCELLANEOUS 611710 58991 58991 58991 8481620 7651886 0 100388 453324 180090 204369 68865 4333871 3444262 889609 1186777 898501 288158 118 45525 45525 158815 158815 216216 216216 549411 549411 407251 399106 8145 543915 533037 10878 210954 210954 EDUCATIONAL EXPENSES 2124176 2124176 ADMINISTRATIVE EXPENSES 1262666 1262666 11492901 7579172 3844746 68983 166945 88353 192037 192141 23818 0 378090 195692 26775276 19419401 7692415 7355875 1226707 996823 9680012 8828884 776577 2087390 480115 581058 4761021 4543712 370212 1314540 6387925 8526700 X 1076058 -1810695 2216029 2112879 3292087 302184 9680012 8828884 X -3011281 21378 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 371652 371652 18939175 12489264 6449911 4767696 4461979 305717 2696753 2468158 228595 7355875 ASSET HELD BY AFFILIATE FOR LIFE INCOME TRUSTS 477083 INVESTMENT PROPERTY 26619 EMPLOYEE RETENTION CREDIT RECEIVABLE 493121 996823 PAYABLE TO AFFILIATE 1246961 FINANACE LEASE LIABILITIES 33618 ANNUITIES PAYABLE 33961 1314540 X 8481620 0 8481620 0 8481620 11492901 0 11492901 0 11492901 PART III, LINE 4: COLLECTION ITEMS ARE USED FOR PUBLIC EXHIBIT AND FOR EDUCATION. PART X, LINE 2: IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT EVALUATED THE UNIVERSITY'S TAX POSITIONS AND CONCLUDED THAT THE UNIVERSITY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE MAY 31, 2020. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATION POLICY IS PUBLISHED ALONG WITH ADVERTISEMENTS FOR THE INSTITUTION IN SELECTED PERIODICALS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY PARTICIPATES IN THE DEPT. OF ED'S STUDENT FINANCIAL ASSISTANCE PROGRAM. ALSO, FUNDING IS RECEIVED FOR OTHER EDUCATIONAL PROGRAMS. DIANE LYTLE SPOUSE OF JAMES LYTLE, PRESIDENT AND TRUSTEE 13247 EMPLOYED BY THE INSTITUTION 0 DANIEL KING FORMER CONTROLLER 40851 CONTRACTED BY THE INSTITUTION 0 0 X 1 53891 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE UNIVERSITY SENDS THE DRAFT 990 RETURN TO ALL TRUSTEES BY ELECTRONIC MEANS. AN EMAIL VOTE APPROVING THE 990 OCCURS PRIOR TO THE SUBMISSION DEADLINE OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE UNIVERSITY CONDUCTS SALARY SURVEYS TO COMPARE SALARIES WITH OTHER EDUCATIONAL INSTITUTIONS IN THE GEOGRAPHIC AREA,OTHER BIBLE AND CHRISTIAN-BASED INSTITUTIONS AND COMPARABLE WORTH ANALYSIS OF DIRECTOR AND EXECUTIVE-LEVEL POSITIONS. THIS INFORMATION IS COMPILED ANNUALLY AND REVIEWED WITH THE FINANCE AND AUDIT COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII - REPORTABLE COMPENSATION JAMES LYTLE, WILLIAM HIGLEY, AND PAUL GOLDEN RECEIVE COMPENSATION FROM CLARKS SUMMIT UNIVERSITY. INCLUDED IN JAMES LYTLE'S, WILLIAM HIGLEY'S, AND PAUL GOLDEN'S COMPENSATION IS A HOUSING ALLOWANCE IN THE AMOUNT OF $50,000, $23,846, AND $31,000, RESEPECTIVELY, WHICH IS BOTH FEDERAL AND FICA EXEMPT. THESE AMOUNTS ARE INCLUDED ON PART VII, COLUMN D, REPORTABLE COMPENSATION. FORM 990, PART XI, LINE 9: ACTUARIAL GAIN (LOSS) ON ANNUITIES AND LIFE INCOME TRUSTS 21,378. FORM 990, PART XII, LINE 2C THE UNIVERSITY HAS NOT CHANGED ITS AUDITOR OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. BBC FOUNDATION INC 538 VENARD ROAD CLARKS SUMMIT PA 18411 232732238 RAISE FUNDS FOR THE RELATED UNIVERSITY PA 501(C)(3) 509(A)(3) I 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 BBC FOUNDATION INC Q 3756 FAIR MARKET VALUE