2024-01-29T13:26:16-05:00 2023-06-30 Luther Rice College & Seminary 3038 Evans Mill Road Lithonia GA 30038 990 2022-07-01 591197022 Luther Rice College & Seminary Inc LUTH 3038 Evans Mill Road Lithonia GA 30038 Kenneth Kuffrey V P for Finan 7704841204 2023-11-03 false Kenneth Kuffrey Kenneth Kuffrey P11111111 6789905288 2024-01-29 0 00 AAL2 IAL1 2022 2023-04-26 12:10:37Z X Steven Steinhilber 4709932 false X www.lutherrice.edu X 1962 GA The mission of Luther Rice College & Seminary is to serve the church and community by providing biblically based on-campus and distance education to Christian men and women for ministry and the marketplace with an end to granting undergraduate and graduate degrees. 8 8 65 0 0 997537 275150 3609861 3593701 -40768 236372 14221 604709 4580851 4709932 289513 264259 0 2533823 2547673 6000 0 72709 1618434 1445021 4447770 4256953 133081 452979 7749300 8279540 865560 942821 6883740 7336719 X The mission of Luther Rice College & Seminary is to serve the church and community by providing biblically based on-campus and distance education to Christian men and women for ministry and the marketplace with an end to granting undergraduate and graduate degrees. false false 1529656 Instruction 650613 Academic Support 603164 6000 Student Services 2783433 true true false true false false false false false true true true false true true false true false true false false false true false false false false false true false false false false false false false true false false false false false false false false false false true 10 0 true 65 true false false false false false false false false false false false false X 8 8 false false true false false false false true true false false true true true true true true true true false GA X Kenneth Kuffrey 7704841204 3038 Evans Mill Road Lithonia GA 30038 Steven Steinhilber President 40.00 0.00 X 98627 0 44787 Ken Stokes V P for Information Technol 40.00 0.00 X 113805 0 824 Evan Posey Executive V P and Provost 40.00 0.00 X 97833 0 6041 Kenneth Kuffrey V P for Financial Affairs 40.00 0.00 X 86534 0 7865 Robert Williams Trustee 1.00 0.00 X 0 0 0 Darrell Whilddon Trustee 1.00 0.00 X 0 0 0 Brent Purvis Trustee 1.00 0.00 X 0 0 0 Deborah Wilson Trustee 1.00 0.00 X 0 0 0 Tom Powell Trustee 1.00 0.00 X 0 0 0 Daryl Edwards Trustee 1.00 0.00 X 0 0 0 Pete Rockett Trustee 1.00 0.00 X 0 0 0 Mark Riser Trustee 1.00 0.00 X 0 0 0 396799 0 59517 1 false false false 49163 225987 100 275150 Tuition and Fees 611600 3593701 3593701 3593701 235622 235622 150 150 150 150 750 750 750 750 Other Income 611710 604559 604559 604559 4709932 4433882 0 900 214628 214628 49631 49631 464223 103694 333725 26804 75359 75359 1778119 1637626 114790 25703 119392 108917 8997 1478 110580 81237 27037 2306 1042 1042 44585 44585 171482 171482 197603 197603 12577 10584 1970 23 212070 190863 14845 6362 106213 98778 7435 19967 6636 13313 18 11733 9996 1484 253 213 213 229356 213301 16055 58520 40246 18194 80 Repairs and Maintenance 25224 23458 1766 Student Bad Debts 26298 26298 Merchant Fees 40753 40753 Student Grants HEERF 6000 6000 281385 176738 94965 9682 4256953 3047692 1136552 72709 5108233 878812 113278 118637 186363 184205 5607105 4441335 1123874 1165770 20352 25088 4691427 966962 205150 1240689 7749300 8279540 140427 181784 519983 571776 205150 189261 865560 942821 X 5572603 6032518 1311137 1304201 6883740 7336719 7749300 8279540 452979 0 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 72 72 false Other activities to influence (Part II-B, line 1i) Luther Rice College & Seminary is a member of the National Association of Independent Colleges and Universities (NAICU). The annual membership dues were $895, and NAICU estimates that 8% of dues will be used for lobbying. 1311137 177288 63805 112154 127839 8036 1304201 1256118 172778 -35985 75012 6762 1311137 1124736 114200 56616 29424 8256 1754 1256118 801214 418876 14221 109575 1124736 755794 118217 13937 86734 801214 0.80000 0.20000 true false 45600 45600 3131431 2538277 593154 1895671 1528976 366695 534403 374082 160321 1165770 GA Baptist Foundation 40057 F Series I Savings Bonds 32172 F US Treasuries 4588558 F US Treasuries Receivables 30640 F 4691427 Endowment assets 827114 Endowment assets 190616 Perpetual trusts held by others 33698 Assets held in trust 189261 1240689 Rabbi Trust liability 189261 189261 4445673 4445673 264259 264259 4709932 3992694 3992694 264259 264259 4256953 Endowment funds intended uses (Part V, line 4) Endowment funds should be used for academically-related, operational, or other defined purposes. Other revenues included on Form 990 (Part XI, line 4b) Revenue on the audit report is presented net of scholarship expense Other expenses included on Form 990 (Part XII, line 4b) Scholarship expense is deducted from the revenue on the audit report rather than reported as an expense true true true true true true true false false false false false false false false true false true Scholarship Central America and the Caribbean 55 18947 Scholarship Scholarship East Asia and the Pacific 12 2802 Scholarship Scholarship Europe including Iceland and Greenland 2 548 Scholarship Scholarship Middle East and North Africa 11 6516 Scholarship Scholarship North America Not the United States 2 584 Scholarship Scholarship South Asia 11 550 Scholarship Scholarship Sub-Saharan Africa 67 19012 Scholarship Assistance for internet Sub-Saharan Africa 2 672 WUnionMGram false false false false false false true Scholarships 214628 Scholarships David Posey Father of Evan Posey 32105 annual compensation as a faculty member false Supplemental Information for Schedule L David Posey is a faculty member for Luther Rice College & Seminary, and he is the father of Evan Posey (Executive V.P. and Provost). Organizational document changes Part VI line 4 Section 2.05 (Removal for Cause) of the ByLaws was changed. Form 990 governing body review Part VI line 11 Form 990, Part VI, Section B, Line 11b: Before filing Form 990, the Vice President for Financial Affairs submits a copy to all members of the Board of Trustees. The Boards Finance Committee Chair must grant approval before the Form 990 is filed. Conflict of interest policy compliance Part VI line 12c Form 990, Part VI, Section B, Line 12c: The Adminstration and Board of Trustees annuallysubmit forms. CEO executive director top management comp Part VI line 15a Form 990, Part VI, Section B, Line 15a: A review was performed in the past and the Board of Trustees based the Presidents salary upon that review. Other officer or key employee compensation Part VI line 15b Form 990, Part VI, Section B, Line 15b: The institutions President maintains a review of all salaries versus market data. Salary expense by department/discipline is approved by the Board of Trustees within the Boards approval of the annual budget. Governing documents etc available to public Part VI line 19 Form 990, Part VI, Section C, Line 19: The institutions governing documents and conflict of interest policy are not available to the public. Audited financial statements can be obtained through the Federal Audit Clearinghouse. Part III response or note to any other line in Part III Form 990, Part III, Line 4e: Total program services expenses ($2,783,433) differs from Form 990, Part IX, Line 25b ($3,047,692) because student aid ($264,259) is subtracted from revenue on the Statement of Activities rather than reported as an expense.