2024-02-22T08:51:15-07:00 2023-06-30 990 2022-07-01 562195966 MANNA UNIVERSITY MANN 9102212224 5117 Cliffdale Rd Fayetteville NC 28314 Sean Pottorff CFO 9102212224 2024-02-07 Sean Pottorff 999009999 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Sean Pottorff 5117 Cliffdale Rd Fayetteville NC 28314 1200719 0 X www.manna.edu X 2000 NC Manna University is a biblical higher education institution dedicated to educating, equipping, and empowering emerging leaders to change the world. 7 7 92 7 0 0 818394 316947 798879 865934 0 0 46815 -20779 1664088 1162102 0 0 0 0 736045 1089229 0 0 81394 722989 564518 1459034 1653747 205054 -491645 1106569 686950 105024 173682 1001545 513268 Manna University is a biblical higher education institution dedicated to educating, equipping, and empowering emerging leaders to change the world. 0 0 1304658 0 0 Manna University is a biblical higher education institution dedicated to educating, equipping, and empowering emerging leaders to the world. The university curriculum helps to accomplish this mission. 0 0 0 1304658 1 1 0 0 0 0 0 1 0 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 319 0 1 92 1 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Manna University 9102212224 5117 Cliffdale Rd Fayetteville NC 28314 Ronald McBride Interim President (thru June 6, 2023) 40 X 35445 0 28869 Carlo Serrano President (beginning June 6, 2023) 40 X X 2199 0 974 Tim Ajani Board Member 1 X 0 0 0 Juan Bermudez Board Member 1 X 0 0 0 Tyrant Davenport Vice Chairman (through June 6, 2023) and Chairman (beginning June 6, 2023) 1 X X 0 0 0 Clem Ferris Board Member 1 X 0 0 0 Jonathan Fletcher Treasurer 1 X X 0 0 0 Katie Griesser Chairman (thru June 6, 2023) 1 X X 0 0 0 Janine Scott Secretary 1 X X 0 0 0 Dan Boyce Board Member 1 X 0 0 0 37644 0 29843 0 0 0 0 0 0 0 0 0 0 316947 68802 316947 Tuition and Fees 611310 1117583 1117583 0 0 Tuition Assistance 611310 -251649 -251649 0 0 0 0 0 0 865934 0 0 0 0 13301 0 38617 -25316 0 -25316 Other Revenue 900099 4537 4537 0 0 0 0 0 0 4537 1162102 870471 0 -25316 67487 52556 8439 6492 0 896681 756501 71194 68986 63557 63557 61504 55354 6150 56931 45545 11386 20866 20866 25997 15553 9593 851 36626 27429 9197 55200 49680 5520 29885 29885 6858 6858 10750 9720 1030 104766 83813 20953 Bad Debt Expense 18417 18417 0 0 Program Fees 83670 79529 0 4141 Dues and Subscriptions 35049 28039 7010 0 79503 24913 53666 924 1653747 1304658 267695 81394 810534 378407 63758 79252 0 193337 128184 75453 65153 156824 164138 1106569 686950 63310 59346 41714 114336 105024 173682 X 947219 458872 54326 54396 1001545 513268 1106569 686950 -491645 3368 0 0 0 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 116275 0 33892 0 3368 0 0 0 37260 39334 0 -5442 0 0 0 33892 31461 0 7873 0 0 0 39334 29459 0 2281 0 0 278 31462 28612 0 1051 0 0 204 29459 0 0.75 0.25 0 0 0 0 0 0 110175 50125 60050 0 0 0 0 0 83162 78059 5103 0 0 0 0 65153 Art Collection 116275 Endowment Fund 37260 NC Sales Tax to be Reimbursed 10603 164138 1204087 3368 0 0 0 3368 1200719 0 -38617 -38617 1162102 1692364 0 0 0 38617 38617 1653747 0 0 0 1653747 Schedule D, Part III, Line 1 Artwork is carried at the lower cost of fair value. The University reviews the values of artwork for impairment whenever events or circumstances indicate that the carrying value of an asset may not be recoverable from estimated future cash flows expected to result from its eventual disposition. When considered impaired, an impairment loss is recognized to the extent the carrying value exceeds the fair value of the asset. No historical or current losses on impairment have been recognized during the year ended in June 30, 2022. Schedule D, Part III, Line 4 The organization holds an art collection in which it intends to periodically place items for sale to the general public. Schedule D, Part V, Line 4 The university contains one donor-restricted endowment fund. All income of the investment gains in excess of the donor-restricted corpus to be held in perpetuity are to be used for the salary of a chair of Biblical Studies. Schedule D, Part XI, Line 4b Direct fundraising expenses on Part VIII, Line 8b of Form 990 Schedule D, Part XII, Line 2d Direct fundraising expenses on Part VIII, Line 8b of Form 990 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 It is on the www.manna.edu website at all times. Schedule E, Part I, Line 6 Organization receives Title IV and VA funds for tuition assistance to students. X Rent for the year 1 55200 Fair Market Value X Utilities and related office expenses for the year 1 13602 Fair Market Value 0 0 0 Form 990, Part I, Line 1 We exist to advance the Kingdom of God through biblical higher education - Everywhere. Form 990, Part VI, Section B, Line 11b The board was provided a draft of the Form 990 for their review prior to the submission of the return Form 990, Part VI, Section B, Line 12c The conflict of interest statement and policy are reviewed and signed annually by the Board members. Every new employee receives and signs a conflict of interest policy. Form 990, Part VI, Section B, Line 15 The compensation process for the President and all employees is reviewed and approved by the Board on an annual basis. Form 990, Part VI, Section C, Line 19 The organization makes all this information available to the public at the organization's office upon request. IRS automatic approval on Form 8868.