2024-10-24T23:50:39-05:00 2024-06-30 541149263 YOUNT HYDE & BARBOUR PC PO BOX 2560 WINCHESTER VA 226041760 990 2023-07-01 541919810 PATRICK HENRY COLLEGE PATR 5404418000 10 PATRICK HENRY CIR PURCELLVILLE VA 201323198 N DARYL WOLKING VP OF FINANCE AND ADMINISTRATION 5404418000 2024-10-23 1 0 OLIVIA A HUTTON CPA P00964688 5406623417 2024-10-23 2023 2024-10-15 13:58:12Z N DARYL WOLKING 10 PATRICK HENRY CIR PURCELLVILLE VA 201323198 20886877 0 X WWW.PHC.EDU X 1998 VA THE MISSION OF PATRICK HENRY COLLEGE IS TO PREPARE CHRISTIAN MEN AND WOMEN WHO WILL LEAD OUR NATION AND SHAPE OUR CULTURE WITH TIMELESS BIBLICAL VALUES AND FIDELITY TO THE SPIRIT OF THE AMERICAN FOUNDING. EDUCATING STUDENTS ACCORDING TO A CLASSICAL LIBERAL ARTS CURRICULUM AND TRAINING THEM WITH APPRENTICESHIP METHODOLOGY, THE COLLEGE PROVIDES ACADEMICALLY EXCELLENT BACCALAUREATE LEVEL HIGHER EDUCATION WITH A BIBLICAL WORLDVIEW.THE VISION OF PATRICK HENRY COLLEGE IS TO AID IN THE TRANSFORMATION OF AMERICAN SOCIETY BY TRAINING CHRISTIAN STUDENTS TO SERVE GOD AND MANKIND WITH A PASSION FOR RIGHTEOUSNESS, JUSTICE, AND MERCY, THROUGH CAREERS OF PUBLIC SERVICE AND CULTURAL INFLUENCE. 18 17 326 35 0 0 5209678 5908358 13286049 13586635 -72799 343917 542252 674523 18965180 20513433 4780574 4932295 0 0 7210873 7665575 0 0 917155 6115076 6448463 18106523 19046333 858657 1467100 47891190 48636804 5913829 5194528 41977361 43442276 SEE SCHEDULE O 0 0 16799984 4932295 14108984 PATRICK HENRY COLLEGE IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES (SACSCOC) AND THE TRANSNATIONAL ASSOCIATION OF CHRISTIAN COLLEGES AND SCHOOLS (TRACS). THE COLLEGE HAS BEEN GRANTED AUTHORITY BY THE STATE COUNCIL OF HIGHER EDUCATION OF VIRGINIA (SCHEV) TO AWARD BACCALAUREATE-LEVEL DEGREES. TOTAL DEGREE SEEKING STUDENT POPULATION: 395. TOTAL STUDENTS WHO HAVE GRADUATED: 1,285. 16799984 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 1 1 0 0 0 1 43 0 1 326 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI KY MD MN MS NH NY OR SC VA WI WA X N DARYL WOLKING 5404418002 10 PATRICK HENRY CIR PURCELLVILLE VA 201323198 JACK HAYE PRESIDENT 40.00 1.00 X X 260284 0 24054 MIKE WRIGHT CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 GEORGE W CLAY VICE CHAIRMAN OF THE BOARD 1.00 1.00 X X 0 0 0 MICHAEL P FARRIS CHANCELLOR EMERITUS 1.00 X X 0 0 0 TERRY TEMPLETON TRUSTEE 1.00 X 0 0 0 J VICTOR THOMPSON TRUSTEE 1.00 1.00 X 0 0 0 RAMON ARDIZZONE TRUSTEE 1.00 X 0 0 0 MARIAN FREELAND TRUSTEE 1.00 X 0 0 0 JAMES LEININGER TRUSTEE 1.00 X 0 0 0 RUSSELL PULLIAM TRUSTEE 1.00 X 0 0 0 TOM HUNGAR TRUSTEE 1.00 1.00 X 0 0 0 J MICHAEL SMITH TRUSTEE 1.00 X 0 0 0 GARY DOWNING TRUSTEE 1.00 X 0 0 0 COLIN STEWART TRUSTEE 1.00 X 0 0 0 BIJAN GILANSHAH TRUSTEE 1.00 X 0 0 0 PAUL DE PREE TRUSTEE 1.00 X 0 0 0 DAVID SHEDD TRUSTEE 1.00 X 0 0 0 PHILIP D GREENDYK TRUSTEE 1.00 X 0 0 0 N DARYL WOLKING TREASURER & VP OF FINANCE 40.00 1.00 X 148611 0 25961 RODNEY SHOWALTER SECRETARY & VP OF INSTITUT 40.00 1.00 X 119730 0 27836 THOMAS ZIEMNICK VP FOR ADVANCEMENT 40.00 X 151141 0 30362 MARK MITCHELL DEAN OF ACADEMIC AFFAIRS 40.00 X 123316 0 29255 JEFF GOOD DIRECTOR OF IT 40.00 X 106024 0 20310 DOUGLAS FAVELO PROFESSOR 40.00 X 122166 0 29149 MICHAEL HAYNES PROFESSOR 40.00 X 112108 0 13247 SCOTT BEDROSIAN SENIOR ADVANCEMENT OFFICER 40.00 X 116762 0 0 1260142 0 200174 11 0 1 0 MILLER BROTHERS INC 8287A EAST MAIN STREET MARSHALL VA 20115 CONSTRUCTION 2970958 BON APPETIT 91337 COLLECTIONS DRIVE CHICAGO IL 60693 FOOD SERVICE 1818081 TREOWEN MANUFACTURING INC 105 E CORNWELL LN PURCELLVILLE VA 20132 BUILDING 174947 TJT CORPORATION 19849 FOGGY BOTTOM ROAD BLUEMONT VA 20132 CONSTRUCTION 108062 4 52846 33458 5822054 249582 5908358 TUITION AND FEES 611600 10424452 10424452 ROOM AND BOARD 721310 2849715 2849715 SUMMER CAMPS 900099 312468 312468 13586635 341631 341631 152174 0 152174 152174 152174 228255 225969 2286 2286 2286 0 52846 0 0 238993 147475 91518 91518 OTHER 611710 354460 354460 MANAGEMENT FEE - HSLDA 561000 76371 76371 430831 20513433 14108984 0 496091 4932295 4932295 1059689 688901 160777 210011 4907525 4454626 309520 143379 108538 67185 34461 6892 1188524 679885 358304 150335 401299 343319 31988 25992 21344 12186 1044 8114 33700 30330 3370 161585 113833 14676 33076 90220 19927 22607 47686 156542 49253 7651 99638 328223 249411 63453 15359 1574987 1435600 133741 5646 307128 273582 9898 23648 177 148 25 4 822326 725646 90770 5910 FOOD SERVICE 1818204 1805423 12781 0 DUES, SUBSCRIPTIONS & A 243258 214206 10521 18531 STUDENT EXPENSES 227758 225613 2145 0 PRINTING & COPYING 156435 38446 3715 114274 506576 440169 57747 8660 19046333 16799984 1329194 917155 1286 1285 7057910 5618924 567657 506959 1487035 1230607 172302 172302 86776 104052 155655 183162 54502548 17499724 34191940 37002824 10871 20313 4159758 3796376 47891190 48636804 1073833 835590 907517 799841 3932479 3559097 5913829 5194528 X 39809917 41047426 2167444 2394850 41977361 43442276 47891190 48636804 1467100 -2185 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4119268 4119268 42744706 12868723 29875983 7637845 4631001 3006844 729 729 37002824 EARLY AMERICAN IMPRINTS 97500 DEPOSITS 139779 RIGHT-OF-USE ASSETS - OPERATING 3559097 3796376 LEASE LIABILITY - OPERATING 3559097 3559097 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THIS INFORMATION IS IN THE COLLEGE CATALOG AND ON THE COLLEGE'S WEB SITE. COUNCIL FOR STATESMANSHIP 52846 52846 52846 52846 1 VARIOUS EDUCATIONAL SCHOLARSHIPS 374 4932295 PART I, LINE 2: ALL STUDENTS RECEIVING SCHOLARSHIPS ARE DETERIMINED BY THE COLLEGE'S ASSESSMENT ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, OR OTHER CRITERIA ESTABLISHED BY THE DONOR OR INSTITUTION. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JACK HAYE PRESIDENT 260284 0 0 0 0 0 0 0 24054 0 284338 0 0 0 THOMAS ZIEMNICK VP FOR ADVANCEMENT 151141 0 0 0 0 0 6308 0 24054 0 181503 0 0 0 N DARYL WOLKING TREASURER & VP OF FINANCE 148611 0 0 0 0 0 6216 0 19745 0 174572 0 0 0 MARK MITCHELL DEAN OF ACADEMIC AFFAIRS 123316 0 0 0 0 0 5201 0 24054 0 152571 0 0 0 DOUGLAS FAVELO PROFESSOR 122166 0 0 0 0 0 5095 0 24054 0 151315 0 0 0 PART I, LINE 1A THE COLLEGE COVERS TRAVEL EXPENSES FOR THE EXECUTIVE SPOUSES WHEN THEIR PRESENCE SERVES THE BUSINESS INTERESTS OF THE COLLEGE; I.E., MEETING WITH HUSBAND/WIFE DONORS. PHC FOUNDATION X 172302 0 1 1 172302 JACK HAYE PRESIDENT 150 TUITION REMISSION THOMAS ZIEMNICK VP OF ADVANCEMENT 22492 TUITION REMISSION MICHAEL FARRIS TRUSTEE 14200 SCHOLARSHIP MARK MITCHELL DEAN OF ACADEMIC AFFAIRS 34320 TUITION REMISSION DOUG FAVELO PROFESSOR 150 TUITION REMISSION SCOTT BEDROSIAN SENIOR ADVANCEMENT OFFICER 23600 TUITION REMISSION X 5 225968 FAIR MARKET VALUE X ELECTRIC 1 23614 FMV 0 1 1 PART I, LINE 32B: STOCK DONATIONS ARE SENT DIRECTLY TO A BROKER. THE BROKER PROCESSES THE SALE AT THE DIRECTION OF THE VP OF FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION A, LINE 2 J. VICTOR THOMPSON PROVIDES INVESTMENT MANAGEMENT SERVICES THROUGH BULWARK CAPITAL CORPORATION TO OTHER TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 GEORGE CLAY, J. VICTOR THOMPSON, TOM HUNGAR, AND JACK HAYE ARE COMMON TRUSTEES FOR PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 N. DARYL WOLKING IS THE TREASURER OF PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 RODNEY SHOWALTER IS THE SECRETARY OF PATRICK HENRY COLLEGE AND PATRICK HENRY COLLEGE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 2 TERRY TEMPLETON RESIDES ON A COMMMITTEE WITH THE BILL AND ANN TEMPLETON FOUNDATION THAT IS A SIGNIFICANT DONOR TO PATRICK HENRY COLLEGE. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL DRAFT OF FORM 990 WITHOUT THE DONOR LISTING (SCHEDULE B) IS SENT TO ALL MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW BEFORE THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES COMPLETE THE CONFLICT OF INTEREST FORM ANNUALLY FOR SUBMITTAL TO THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION'S OFFICE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES SERVES AS THE COLLEGE'S COMPENSATION COMMITTEE, COMPRISED SOLEY OF INDEPENDENT TRUSTEES, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS. THE COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, THE ANNUAL PERFORMANCE GOALS AND THE CRITERIA TO BE USED IN DETERMINING MERIT INCREASES FOR THE PRESIDENT (CEO). FORM 990, PART VI, SECTION C, LINE 19 WHILE THE FEDERAL LAWS DO NOT MANDATE THAT THE COLLEGE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE COLLEGE MAKES THEM AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. PHC FOUNDATION TEN PATRICK HENRY CIRCLE PURCELLVILLE VA 20132 542031700 SUPPORT PATRICK HENRY COLLEGE VA 501(C)(3) 11A 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 0 1 0 0 PATRICK HENRY COLLEGE FOUNDATION D 172302 PATRICK HENRY COLLEGE FOUNDATION C 33458