2026-06-08T13:05:30+00:00 2025-06-30 440160260 Forvis Mazars LLP One Oak Plaza Suite 300 Asheville NC 28801 990 2024-07-01 250983069 JOHNSON C SMITH UNIVERSITY JOHN 7043781000 100 BEATTIES FORD RD CHARLOTTE NC 28216 Teare Brewington CHIEF FINANCIAL OFFICER 7043781000 2026-06-08 true Amy Bibby P00445891 8282542254 2026-06-03 2024 2025-03-06 01:10:19Z CLARENCE ARMBRISTER 100 BEATTIES FORD RD CHARLOTTE NC 28216 58452376 false X WWW.JCSU.EDU X 1867 NC Johnson C. Smith University offers a liberal arts education to a diverse group of talented and motivated students in preparation for advance study and specific careers. 12 12 744 25 0 0 22051965 19272557 29863686 36102788 983006 122465 2948118 2682775 55846775 58180585 5223371 6620293 0 0 25613877 25155027 0 0 3357437 37250613 42209489 68087861 73984809 -12241086 -15804224 233986243 228508280 30180692 30881731 203805551 197626549 X SEE SCH O FOR MISSION STATEMENT. false false 12982799 6620293 31672512 INSTRUCTION: JOHNSON C. SMITH UNIVERSITY OFFERS INSTRUCTIONS IN VARIOUS LIBERAL ARTS PROGRAMS. FOR THE REPORTING PERIOD THE UNIVERSITY HAD ALMOST 1,800 STUDENTS MATRICULATING IN THESE PROGRAMS. JOHNSON C. SMITH UNIVERSITY HAS 3 COLLEGES FROM WHICH STUDENTS CAN CHOOSE VARIOUS MAJORS: COLLEGE OF ARTS AND LETTERS, COLLEGE OF PROFESSIONAL STUDIES, AND COLLEGE OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS. 9167063 3238950 STUDENT SERVICES: JOHNSON C SMITH UNIVERSITY OFFERS A WIDE RANGE OF SERVICES TO ITS STUDENTS. THESE PROGRAMS INCLUDE THE FOLLOWING SERVICES: PLACEMENT AND CAREER COUNSELING, ADMISSION, REGISTRAR, FINANCIAL AID, SPORTS AND VARIOUS OTHER STUDENT ACTIVITIES. 5044836 1191326 ACADEMIC SUPPORT: OUR ACADEMIC SUPPORT SERVICES INCLUDES INFORMATION TECHNOLOGY, LIBRARY SERVICES, SMART CLASSROOMS, AND FACULTY TRAINING. EVERY FULLTIME STUDENT AT JOHNSON C. SMITH UNIVERSITY RECEIVES A LAPTOP. OUR LIBRARY CONTINUES TO UPDATE ITS BOOK CATALOGS. IN ADDITION, STUDENTS HAVE ACCESS TO A WIDE RANGE OF ONLINE CATALOGS. JOHNSON C. SMITH UNIVERSITY IS IN THE PROCESS OF TRANSFORMING ALL ITS TRADITIONAL CLASSROOMS INTO SMART CLASSROOMS BY PLACING TECHNOLOGY AT THE STUDENT'S FINGER TIP. 30194913 Other: Public Service, Student Assistance, Auxiliary Service (Room and Board) 30194913 57389611 true true false false false false false true false true true true false true true true true false true false false false false false true false false false true true false false false false false false true false true true true false false false false false false false false false true 189 0 true 744 true true true false false false false true true false false false false false false X 12 12 false false false false false false false true true false false false true true true true true true true false false false X TEARE BREWINGTON 7043781190 100 BEATTIES FORD ROAD CHARLOTTE NC 28216 CHRISTY S BRYANT BOARD SECRETARY 2.0 X X 0 0 0 KIETH COCKRELL BOARD VICE CHAIR 2.0 X X 0 0 0 STEVEN BOYD BOARD CHAIR 20.0 X X 22750 0 0 DR ANITA BLEDSOE GARDNER TRUSTEE until 5/30/25 (DEAN LIBERAL ARTS) 2.0 X 177079 0 27699 DR EBONY BOULWARE TRUSTEE 2.0 X 0 0 0 JAMES ELY III TRUSTEE 2.0 X 0 0 0 JANICE DUPRE TRUSTEE 2.0 X 0 0 0 MICHAEL JONES TRUSTEE 2.0 X 0 0 0 MICHELLE LEE TRUSTEE 2.0 X 0 0 0 MIKE LAMACH TRUSTEE 2.0 X 0 0 0 RALPH H GROCE III TRUSTEE 2.0 X 0 0 0 SHEILA R BROWN TRUSTEE 2.0 X 0 0 0 THOMAS MITCHELL TRUSTEE 2.0 X 0 0 0 TEARE BREWINGTON CFO/TREASURER 50.0 X 193800 0 31170 VALERIE KINLOCH PRESIDENT 50.0 X 579341 0 140447 DR ANGELA WHITE VP SERM 65.0 X 202159 0 20661 DR DAVIDA L HAYWOOD VP STUDENTS AFFAIRS UNTIL 12/31/24 65.0 X 194325 0 20269 DR DENISHA HENDRICKS ATHLETIC DIRECTOR 40.0 X 101333 0 10391 DR DIANE BOWLES VP OF GSPAR UNTIL SEPT 2024 40.0 X 108438 0 5422 DR PATRICK MARTIN PROVOST EFFECTIVE FEB 2025 40.0 X 170458 0 30352 DR ROCHELLE WOODS VP OPERATIONAL EXCELLENCE/COO 40.0 X 190000 0 20033 DR THIERNO THIAM PROVOST UNTIL 01/31/25 50.0 X 205000 0 40965 JOY PAIGE SPRINGS VP INSTITUTIONAL ADV UNTIL 07/01/2025 40.0 X 185000 0 19783 DAVID LERCH FINANCIAL ANALYST 40.0 X 157000 0 7850 DR ALPHONSUS OGBUEHI DEAN BUSINESS 40.0 X 204000 0 40915 DR SURYADIP CHAKRABORTY STEM FACULTY 40.0 X 125122 0 27736 DR VIJAYA GOMPA DEAN STEM 40.0 X 121301 0 21426 2937106 0 465119 38 false true false PERKINS MANAGEMENT SERVICE 301 MCCULLOUGH DR CHARLOTTE NC 28262 DINING CONTRACT 2706816 SOUTHEAST SERVICE CORPORATION 1225 E WEISGARBER KNOXVILLE TN 37909 FACILITIES CONTRACT 2559369 MOSAIC VILLAGE HOLDINGS 4530 PARK RD CHARLOTTE NC 28209 PROPERTY LEASEE 2139730 ELLUCIAN COMPANY 62578 COLLECTIONS CENTER DR CHICAGO IL 60693 ERP SAAS PROVIDER 1087993 FOLLETT CORPORTATION FOLLETT HIGHER EDUCATION G LOCKBOX CHICAGO IL 60677 BOOSTORE CONTRACTOR 499079 25 6826289 12446268 81741 19272557 TUITION AND FEES 611310 27374534 27374534 SALES AND SERVICES OF AUXILIARY ENTERPRISES 900099 8728254 8728254 0 0 0 0 36102788 119536 119536 280061 280061 0 280061 280061 2929 0 2929 2929 2929 516549 271791 244758 244758 Misc. Income 900099 918811 918811 indirect cost recovery 900099 553761 553761 incidental fees 900099 391945 391945 293439 0 0 293439 2157956 58180585 36102788 0 2805240 6620293 6620293 2562402 786874 1264468 511060 19650103 15923773 3083970 642360 1734705 1305033 339595 90077 1207817 908650 236449 62718 62579 62579 162825 162825 201750 201750 152940 0 152940 0 27458 20657 5375 1426 17308344 13021207 3388373 898764 6446235 4849555 1261949 334731 2652896 1995795 519345 137756 376146 282978 73636 19532 4840718 3641711 947645 251362 419442 315550 82112 21780 Financial Aid 4984580 4276797 559402 148381 Supplies 2410892 1813734 471969 125189 REPAIRS & MAINTENANCE 1313076 987837 257055 68184 Bad Debt 522845 393340 102355 27150 326763 245827 63969 16967 73984809 57389611 13237761 3357437 21778774 30978860 50994354 30936102 2600377 6813294 0 0 0 0 0 1024759 1050697 110770467 50644366 63933094 60126101 334245 446539 68847509 74802555 0 24473131 23354132 233986243 228508280 4369811 6280267 15126 21284 0 0 0 25795755 24580180 30180692 30881731 X 56141781 53950138 147663770 143676411 203805551 197626549 233986243 228508280 -15804224 9625222 0 X X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 69181754 39309 9266981 3238950 75249094 64251820 2173385 6375672 3619123 69181754 63445686 3806134 3000000 64251820 75167419 30 -7735094 3474000 512669 63445686 65797169 18391399 3711254 4821472 488423 75167419 0.1278 0.0 0.8722 false false 7764257 7764257 90389634 44785178 45604456 8178937 4050916 4128021 4437639 1808272 2629367 60126101 Closely-held equity interests Financial derivatives INVESTMENTS 74802555 F 74802555 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2484869 right of use assets 20869263 23354132 Federal Income Taxes Asset retirement 3710916 operating lease obligation 20869264 24580180 X 56795324 9625222 -11010483 -1385261 58180585 0 0 58180585 62974326 0 0 62974326 11010483 11010483 73984809 Schedule D, Part III, Line 4 Collections of art - description of collections The University has acquired several pieces of art over the years through donations from various alumni and other donors. Many of these items are hung in the James B. Duke Library for students attending the school to enjoy as part of their educational experience. Schedule D, Part V, Line 4 Intended uses of endowment funds The intended uses of the University's endowment funds are to fund scholarships, professorships, professional development and maintenance. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The University is a not-for-profit corporation that is exempt from federal income taxes on related income under Section 501(c)(3) of the Internal Revenue Code and files an informational return, Form 990, annually. Accordingly, no provision for income taxes is recorded in the accompanying financial statements. The University is required to assess uncertain tax positions and has determined there were no such positions. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 STUDENT ASSISTANCE - -11010483 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements STUDENT ASSISTANCE - 11010483 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY Johnson C. Smith University publicizes its nondiscriminatory policy in the student and employee handbooks, as well as on the University's website. Johnson C. Smith University is an academic community and workplace environment which values diversity and the intellectual growth that results from the sharing and expression of different ideas and perspectives. Johnson C. Smith University's commitment to diversity and inclusion is strong and unwavering, and we espouse those values beyond the gates of our campus. JCSU actively recruits high-achieving students, faculty, and staff from different cultures, races, religions, socio-economic backgrounds, ethnicities, and nationalities. Johnson C. Smith University does not discriminate on the basis of race, color, religion, sexual orientation, gender identity or expression, national origin, age, disability, or veteran status as it relates to student enrollment or hiring. By creating a campus community that embraces inclusiveness, JCSU believes that all involved in the academic enterprise will grow intellectually, emotionally, socially and culturally while developing a sense of social responsibility. We use our intellectual and social capital to build trust and promote relations across all boundaries to sustain community assets when working with neighborhoods surrounding the campus and with communities throughout the city. Through direct actions on campus and partnerships with key organizations in the community, JCSU is steadfast in our dedication to serving as a catalyst for social change resulting in a global society that is grounded in social justice for all humankind. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The University is a participant in the Department of Education's Title 4 program, Direct Loans. The University also receives various Federal and State grants including Pell, SEOG, TEACH, and Title 3. ARCH OF TRIUMPHANT GALA 516549 516549 50000 176312 18950 26529 0 0 516549 516549 50000 176312 18950 26529 271791 244758 true Student Federal Pell Grant Program 1074 6162960 Student Federal SEOG Grants 414 457333 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds Scholarships are granted to students based on academic merit, athletic merit, and academic discipline. Student loans are awarded based on federal eligibility guidelines as provided by the US Department of Education direct lending program. Student Athletics must follow the rules set forth by the NCAA. Once a scholarship has been awarded, the University checks the recipient's grade point average at the end of each school year to determine if he/she is meeting the academic standard set forth by the school or donor. The financial aid office at JCSU is responsible for checking each academic scholarship recipient's grades before scholarships are awarded for the next school year. Students not meeting SAP (Satisfactory Academic Process) will lose their academic scholarshipers. For needs based scholarships and grants, the parents or recipients are requested to submit a copy of the tax return each year to the financial aid office before new needs based scholarships are awarded. Students receiving athletic scholarships must maintain a 2.0 or higher grade point average and must pass at least 6 credit hours in the fall semester and 24 credit hours for the school year. The athletics compliance coordinator checks the grade report for each student athletic. Each student athlete's grade report is examined at the end of the semester to see if he/she is meeting the set standards. If they are not meeting standards, he/she will lose their scholarship. For all scholarships and grants, if a student withdrew from the university before completing 60 percent or more of a semester, his/her financial aid including internal scholarships are prorated based on the R2T4 (Return of Title 4 Funds) calculation. X X true false X X false false false false false false false false false DR ANITA BLEDSOE GARDNER TRUSTEE until 5/30/25 (DEAN LIBERAL ARTS) 177079 0 0 0 0 0 8854 0 18845 0 204778 0 0 0 VALERIE KINLOCH PRESIDENT 425000 0 42500 0 111841 0 28967 0 111480 0 719788 0 0 0 TEARE BREWINGTON CFO/TREASURER 193800 0 0 0 0 0 9690 0 21480 0 224970 0 0 0 DR DAVIDA L HAYWOOD VP STUDENTS AFFAIRS UNTIL 12/31/24 194325 0 0 0 0 0 9716 0 10553 0 214594 0 0 0 DR ANGELA WHITE VP SERM 202159 0 0 0 0 0 10108 0 10553 0 222820 0 0 0 DR ROCHELLE WOODS VP OPERATIONAL EXCELLENCE/COO 190000 0 0 0 0 0 9500 0 10533 0 210033 0 0 0 DR THIERNO THIAM PROVOST UNTIL 01/31/25 205000 0 0 0 0 0 10250 0 30715 0 245965 0 0 0 DR PATRICK MARTIN PROVOST EFFECTIVE FEB 2025 170458 0 0 0 0 0 8523 0 21829 0 200810 0 0 0 JOY PAIGE SPRINGS VP INSTITUTIONAL ADV UNTIL 07/01/2025 185000 0 0 0 0 0 9250 0 10533 0 204783 0 0 0 DR ALPHONSUS OGBUEHI DEAN BUSINESS 204000 0 0 0 0 0 10200 0 30715 0 244915 0 0 0 DAVID LERCH FINANCIAL ANALYST 157000 0 0 0 0 0 7850 0 0 0 164850 0 0 0 DR SURYADIP CHAKRABORTY STEM FACULTY 125122 0 0 0 0 0 6256 0 21480 0 152858 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use IN ACCORDANCE WITH THE TERMS OF THE EMPLOYMENT CONTRACT, THE FORMER UNIVERSITY PRESIDENT, CLARENCE ARMBRISTER, RESIDED IN UNIVERSITY OWNED HOUSING. THE CURRENT PRESIDENT, DR VALERIE KINLOCH, RECEIVED A MONTHLY HOUSING ALLOWANCE. Schedule J, Part I, Line 1a Health or social club dues or initiation fees THE UNIVERSITY COVERS THE COST OF MEMBERSHIP FOR THE CHARLOTTE CITY CLUB. KENNETH CULBRETH SON OF DR DAVIDA HAYWOOD, VP OF STUDENT AFFAIRS 17336 SCHOLARSHIP SCHOLARSHIP CHRISTOPHER GARDNER SON OF DR ANITA BLEDSOE-GARDNER, DEAN OF CLA & TRUSTEE 9325 Scholarship Scholarship Global Endowment Management THE HUSBAND OF PATRICIA MORTON, BOARD MEMBER, IS CEO OF THE ORGANIZATION. 367944 THE ORGANIZATION HAS ASSETS INVESTED WITH GLOBAL ENDOWMENT MANAGEMENT. false X Repairs 4 24870 Cost X Travel - Lodging, Food, and Supplies 3 22283 NONE X Miscellaneous Supplies 11 34588 NONE Form 990, Part III, Line 1 Rooted in legacy and tradition, Johnson C. Smith University endeavors to provide a multicultural and transformative experience, which educates, prepares and graduates a diverse group of talented and highly motivated students who can communicate effectively, think critically and learn independently as well as collaboratively. Further, JCSU cultivates an inclusive environment in which students are equipped to be global citizens who develop a compelling sense of social and civic responsibility for leadership and service. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 30,194,913 including grants of $) Other: Public Service, Student Assistance, Auxiliary Service (Room and Board) Form 990, Part VI, Line 18 The University will provide information in regards to its annual audit and other documents upon request. Form 990, Part VI, Line 1a Delegate broad authority to a committee In accordance with our bylaws, the executive committee has the following powers. Execution of all the power and authority of the board of trustees in the management and control of the property and affairs of the university when the board of trustees is not in session. Members of the executive committee shall be 1) chairman of the board of trustees, 2) the vice chairman of the board of trustees, 3) the secretary of the board of trustees, 4) all committee chairmen, 5) the president of the university, 6) the treasurer of the university, 7) the university counsel, ex officio, and 8) the past chairman of the board of trustees for one (1) year following the election of a new chairman. The minutes of each meeting of the executive committee shall be presented to and reviewed by the board of trustees at its next regular meeting. Form 990, Part VI, Line 11b Review of form 990 by governing body The University's process for reviewing the IRS Form 990 is as follows: (1) The Vice President of Business and Finance completes a detailed review of the form and discusses the form with the University's outside tax advisors and with the University's Accounting and Budget Manager (2) After the Vice President has completed his review and obtained answers to all his questions, a copy of the form is issued to the President of the University and the Budget and Finance Committee of the Board of Trustees for a second review. All review questions are addressed and any necessary changes are incorporated into the final version of the Form 990. The full Board of Directors is provided a copy of the Form 990 prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy The members of the Board of Trustees each year renew their commitment to the conflict of interest policy. The affirming notices and signatures for each year are kept with the Secretary of the Board of Trustees. If a conflict is reported, the matter is investigated by the Governance Committee and reviewed by the Board. The individual with the conflict makes a presentation on their behalf, but is recused from resolution of the conflict. This process is documented in the minutes of the Board of Trustees. Staff members must disclose in advance any potential conflict of interest under this policy to the applicable Dean or Vice President for the area in which they work. Faculty members must disclose any potential conflict in advance to the College Dean. Form 990, Part VI, Line 15a Process to establish compensation of top management official The vice chairman of the board of trustees is the chairman of the compensation committee. The members of that committee review the compensation of the president each year. The president is given an evaluation that is filed with the board of trustees. The committee utilizes market data and other factors to determine the compensation of the president of the university. Compensation of other officers or key employees at the university are determined by the university's president based on market rate. Form 990, Part VI, Line 19 Required documents available to the public Staff members must disclose in advance any potential conflict of interest under this policy to the applicable Dean or Vice President for the area in which they work. Faculty members must disclose any potential conflict in advance to the College Dean. The disclosure must be in writing; although no particular form must be used (e-mail is acceptable). While it is the Vice President's or Dean's responsibility to review and respond to the disclosure, faculty and staff should provide adequate advance notice to allow such review to occur (30 days if possible). The response to the conflicts inquiry shall be made in writing, and shall contain JCSU's directions to the employee regarding the transaction in question. If the employee or faculty member is dissatisfied with the decision of the Vice President or Dean, that decision may be appealed to the President of JCSU. The President's decision regarding the appeal shall be final. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Event Income - Total Revenue: 293439, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 293439; Form 990, Part XII, Line 2c Change of oversight process or selection process This process has not changed from the prior year.