2026-01-05T16:05:40+00:00 2024-06-30 332621854 CRI Capin Crouse Advisors LLC 345 Massachusetts Ave Suite 300 Indianapolis IN 46204 990 2023-07-01 351065063 Saint Mary-of-the-Woods College SAIN 8125355151 1 St Mary of the Woods College St Mary of the Woods IN 47876 Brennan Randolph President 8125355151 2026-01-14 true true Daren Daiga P01074795 5055022746 2026-01-14 2023 2025-03-06 01:10:19Z Brennan Randolph 1 St Mary of the Woods College St Mary of the Woods IN 47876 41434325 false 0928 X www.smwc.edu X 1840 IN Committed to higher education in the tradition of liberal arts 27 27 660 27 0 0 5349420 8271736 29436017 31837677 501207 178781 123295 280313 35409939 40568507 11143089 12447752 0 0 13913997 13896522 0 1536302 13872223 14205406 38929309 40549680 -3519370 18827 49309499 48139391 42591161 42248569 6718338 5890822 Saint Mary-of-the-Woods College embodies a spirit of student-centered academic innovation, faith and leadership to transform ourselves, our communities and our world. Saint Mary-of-the-Woods College challenges students to think critically, become leaders and effect change through knowledge and virtue rooted in our Catholic foundation. false false 33502828 12447752 32124251 Saint Mary-of-the-Woods College (SMWC) serves three undergraduate populations: (1) traditional college-age women and men living on campus; (2) adult and traditional college-age women and men who study in the on campus program and commute to campus; (3) adult women and men in the Woods Online Program. The Woods Online program is offered completely online through a course management system that utilizes faculty-led instruction, collaboration, and synergy among peers in rich multi-media. Courses are offered in 8 or 16-week formats. The 8-week courses are offered in an accelerated format. SMWC also offers Master of Arts in Art Therapy, Master of Arts in Music Therapy, Master of Education and Master of Leadership Development programs. All other master programs (MBA and MHA) are sequenced sets of courses offered to women and men in a hybrid delivery through a combination of distance learning and brief campus residencies. Finally, there are two principal groups of non-matriculating students. They include undergraduate exchange students and students pursuing professional certification in post-baccalaureate programs (teacher licensure, paralegal, and music therapy programs). 33502828 true true false false false false true false true true false false true true false false true true false true false false false true false false false true true false false false false false false false false true false false false true true false false false true 2162 0 true 660 true false false false false false false false false false false false false X 27 27 true false true false true true true true true false false true true true true true true true true false IN X Ramona Schwab 8125355151 1 St Mary of the Woods College St Mary of the Woods IN 47876 Alice Shelton Chair 2.0 X X 0 0 0 Beth Michel Vice Chair 1.0 X X 0 0 0 Nancy Payonk Secretary 1.0 X X 0 0 0 Barbara Fossum Trustee 1.0 X 0 0 0 Barbara Sheehan Trustee 1.0 X 0 0 0 Connie Kramer Trustee 1.0 X 0 0 0 Dan Thralls Trustee 1.0 X 0 0 0 Dawn Tomaszewski Trustee 1.0 X 0 0 0 James Willey Trustee 1.0 X 0 0 0 Joanne Burrows Trustee 1.0 X 0 0 0 John Watson Trustee 1.0 X 0 0 0 Judy Hund Trustee 1.0 X 0 0 0 Karen Lafkas Trustee 1.0 X 0 0 0 Kathryn Martin Trustee 1.0 X 0 0 0 Kevin Wilson Trustee 1.0 X 0 0 0 Laura Maher Trustee 1.0 X 0 0 0 Lisa Stallings Trustee 1.0 X 0 0 0 Lynn O'Linski Trustee 1.0 X 0 0 0 Margaret Murray Trustee 1.0 X 0 0 0 Mary Watson Trustee 1.0 X 0 0 0 Michael McMahon Trustee 1.0 X 0 0 0 Michelle Aff Trustee 1.0 X 0 0 0 Randy Adams Trustee 2.0 X 0 0 0 Rita Mankus Trustee 1.0 X 0 0 0 Scott Jaeger Trustee 1.0 X 0 0 0 Tana Jaeger Trustee 1.0 X 0 0 0 Terry Aff Trustee 1.0 X 0 0 0 Brennan Randolph Interim President 50.0 X 182966 0 28142 Janet Clark Provost / EVP Academic Affairs 50.0 X 141341 0 8680 Traci Tucker CFO 50.0 X 65962 0 14369 Lamprini Pantazi Dean of Business and Leadership 50.0 X 149983 0 6603 Marcia Miller Dean Nursing & Sciences, Professor of Nursing 50.0 X 107094 0 5841 647346 0 63635 4 false true false Sycamore Engineering 1010 Chestnut Street Terre Haute IN 47808 Engineering Services 443358 Resultant 111 Monument Circle Indianapolis IN 46204 IT Consulting Services 250000 UAP Clinic LLC 1606 N 7th Street Terre Haute IN 47804 Health Clinic Services 157315 S&G Excavating 545 E Margaret Avenue Terre Haute IN 47802 Groundwork Services 141239 4 22225 3025598 1058632 4165281 343848 8271736 Tuition and fees 611310 26576428 26576428 Auxiliary enterprises 611710 5218881 5218881 Student housing 611710 42368 42368 0 0 0 0 31837677 46883 46883 0 0 991455 859557 131898 0 131898 131898 0 22225 6261 -6261 -6261 286574 286574 0 0 286574 40568507 32124251 0 172520 12447752 12447752 0 0 569596 432428 106086 31082 10886349 8264739 2027565 594045 190663 190663 1427954 1228827 110802 88325 821960 624019 153089 44852 105763 105763 8799 8799 2457013 1640142 754014 62857 258564 6010 23 252531 531161 66493 464668 574893 465663 80485 28745 1358121 1100078 190137 67906 2311807 2222351 63676 25780 280130 237277 23461 19392 1676632 1358071 234729 83832 2330687 1887856 326297 116534 348195 282038 48747 17410 Classroom educational supplies 583817 460190 25057 98570 Membership and dues 566930 467102 95387 4441 Bad debt expense 501102 501102 Athletic equipment, gear, and supplies 311792 311792 0 0 0 0 40549680 33502828 5510550 1536302 1621396 2062284 82814 692521 439905 1065794 724892 0 0 419110 411585 58353467 36178046 42138054 22175421 1921946 2211219 144127 49755 0 192612 1223737 19871718 49309499 48139391 2842891 1976039 455176 0 18904265 17582897 20388829 22689633 42591161 42248569 X -11733828 -12380929 18452166 18271751 6718338 5890822 49309499 48139391 18827 25588 -871931 0 X false true X true true true X 5582168 9837169 7743309 5349420 8271736 36783802 0 0 5582168 9837169 7743309 5349420 8271736 36783802 4794268 31989534 1215755 1092412 298241 88916 46883 2742207 0 85798 246773 193643 128906 286574 941694 40467703 133438295 0.7905 X Schedule A, Part II The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC. INCOME, COLUMN A - 85798.0, COLUMN B - 246773.0, COLUMN C - 193643.0, COLUMN D - 128906.0, COLUMN E - 286574.0, COLUMN F - 941694.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 8346168 76320 113219 8535707 11035079 126844 205633 3021388 8346168 12236240 407621 -309835 1288570 10377 11035079 12522281 138546 216951 635248 6290 12236240 12896452 201289 66617 637560 4517 12522281 0.0 1.0 0.0 false false 2600500 2600500 46400491 27940270 18460221 8954393 8237776 716617 398083 398083 22175421 Beneficial interest in split-interest agreements 1265057 Finance right-of-use assets 18606661 19871718 Refundable advances 1510186 Finance lease liability 19853573 Performance obligation liabilities 325874 Related party note payable 1000000 22689633 28143805 25588 6261 31849 28111956 8799 12447752 12456551 40568507 28099390 6261 6261 28093129 8799 12447752 12456551 40549680 Schedule D, Part V Line 1d , column (b) The prior year endowment activity has been updated on Line 1d, column (b) to reconcile to the current year beginning endowment balance per the audited financials statements. Schedule D, Part III, Line 1a Collections of art - financial statement footnote The college's collections are made up of rare books, art objects and artifacts of historical significance that are held for education and curatorial purposes. Most of the the items are cataloged. All items are preserved, cared for, and activities verifying their existence and assessing their condition are performed continuously. The collection items are not recognized as assets in the consolidated statement of financial position and contributions of collection items are not recognized in the consolidated statement of activities. Purchases of collection items are recorded as decreases in net assets without donor restriction in the year in which the items are acquired. Assets used to purchase collection items are reflected as net assets with donor restrictions if they are restricted for such purposes by the donors. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The college requires that proceeds from the sale of collection items be used to acquire other collection items, unless otherwise specified by the donor. Schedule D, Part III, Line 4 Collections of art - description of collections The college's collections are made up of rare books, art objects and artifacts of historical significance that are held for educational and historical value for current and future generations of Saint Mary-of-the-Woods College students and alumni. Schedule D, Part V, Line 4 Intended uses of endowment funds The endowments are restricted for the following uses: instructional support, take the lead campaign goals, scholarships and award programs, facilities maintenance and any other activity that supports the mission of the college. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Fundraising event expenses - 6261 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships - 12447752 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Fundraising event expenses - 6261 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships - 12447752 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 The organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The college received Federal and State financial aid for its eligible students South America 0 0 Program Services Study abroad 84566 Europe (Including Iceland and Greenland) 0 0 Program Services Study abroad 51844 East Asia and the Pacific 0 0 Program Services Study abroad 2500 0 0 0 0 0 0 138910 0 138910 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual Golf Outing 22225 22225 0 200 3080 1623 1358 0 0 22225 22225 0 200 3080 1623 1358 6261 -6261 true Educational scholarships 970 12447752 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The college has policies and procedures in place outlining student criteria such as academic history and financial need that are followed in order to award students institutional aid. No cash changes hands and funds are directly applied to student accounts. X X X false false false false false false false false false Brennan Randolph Interim President 182701 0 0 0 265 0 6829 0 21313 0 211108 0 0 0 Janet Clark Provost / EVP Academic Affairs 140901 0 0 0 440 0 8462 0 218 0 150021 0 0 0 Lamprini Pantazi Dean of Business and Leadership 149780 0 0 0 203 0 6603 0 0 0 156586 0 0 0 X 17 343848 Selling cost 0 false true false Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee shall include the elected officers of the Board, the President of the College and the Chairs of all standing committees. The Chair of the Board is the Chair of the Executive Committee. If the immediate past Chair of the Board remains a Board member, he or she may serve on the Executive Committee, at the discretion of the Chair. The Executive Committee shall prepare for Board meetings, establish the agenda of the meetings and execute the appropriate Board decisions. It acts on behalf of the Board in ordinary administrative matters and acts on behalf of the Board in situations where full Board action is not possible. The Executive Committee may not take any action inconsistent with a prior act of the Board of Trustees, remove or appoint the President, or take any other action that has been reserved for the Board of Trustees or the Members of the Corporation. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Scott Jaeger, Trustee, and Tana Jaeger, Trustee - Family relationship, Terry Aff, Trustee, and Michelle Aff, Trustee - Family relationship, Barbara Fossum, Trustee, and Kathryn Martin, Trustee - Family relationship, Mary Watson, Trustee, and John Watson, Trustee - Family relationship Form 990, Part VI, Line 4 Significant changes to organizational documents The bylaws were amended to expand the authority of the Members of the Corporation to include approval of the College's annual budget. Form 990, Part VI, Line 6 Classes of members or stockholders Members of the Corporation shall be those Sisters of the Congregation of the Sisters of Providence who constitute from time to time the Congregation Council, or its successor. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The following powers are reserved exclusively to the Members of the Corporation. It shall require two-thirds (2/3) affirmative vote of the Members of the Corporation to approve motions brought by the Board of Trustees of the College concerning the election of Trustees to the Board of Trustees upon the search and nomination of the Board of Trustees. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The following powers are reserved exclusively to the Members of the Corporation. It shall require two-thirds (2/3) affirmative vote of the Members of the Corporation to approve motions brought by the Board of Trustees of the College concerning: - an amendment of the Articles of Incorporation - an amendment to the purpose and mission of the College - an amendment of the following sections of the Bylaws: Articles I, II, III, IV, V, VI, VIII, §1, and Article XXI - the purchase, sale, lease or mortgage of real property or buildings; or the purchase, sale, gift, or other disposition of capital assets of the College - approval of the College's annual budget - the suspension of the operation; to consolidate, merge, liquidate or dissolve the College - the appointment and removal of the President of the College after receiving recommendations from the Board of Trustees. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared by an independent tax preparer and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The Executive Committee is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation of the President and other officers is reviewed and approved by the Executive Committee of the board. The organization uses national averages using CUPA figures as a target in determining compensation amounts. The deliberation and decision are documented in the Executive Committee meeting minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees See narrative for Form 990, Part VI, Line 15a Form 990, Part VI, Line 19 Required documents available to the public The governing documents, conflict of interest policy and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc. Income - Total Revenue: 286574, Related or Exempt Function Revenue: 286574, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; SMWC Real Estate Foundation LLC 1 St Mary of the Woods College St Mary of the Woods IN 47876 815033084 Acquire/Own Real Estate for Exclusive Use of the College IN 726626 14629143 Saint Mary of the Woods College Sisters of Providence 1 Sisters of Providence St Mary of the Woods IN 47876 350868174 Religious IN 501(c)(3) 1 NA false Charitable Remainder Unitrust (1) Trust IN Saint Mary-of-the-Woods College true false false true false true false false false false false false false false false false true false false false