2024-05-15T11:16:15-05:00 2023-06-30 910189318 MOSS ADAMS LLP 805 SW BROADWAY STE 1400 PORTLAND OR 97205 990 2022-07-01 936002614 NEW HOPE CHRISTIAN COLLEGE NEWH 5414851780 2155 BAILEY HILL ROAD EUGENE OR 97405 WAYNE CORDEIRO PRESIDENT 5414851780 2024-05-13 1 WAYNE CORDEIRO 999009999 1 WENDY CAMPOS P00448102 5032421447 2024-05-13 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z WAYNE CORDEIRO 2155 BAILEY HILL ROAD EUGENE OR 97405 3067420 0 X WWW.NEWHOPE.EDU X 1925 OR NEW HOPE CHRISTIAN COLLEGE IS AN ACCREDITED CHURCH RELATED FOUR YEAR AND GRADUATE DEGREE GRANTING INSTITUTION WHOSE PRIMARY MISSION IS TRAINING LEADERS FOR MINISTRY AND MARKETPLACE. 10 10 54 100 0 0 1747616 1586343 1216435 1262032 77018 43317 83064 64201 3124133 2955893 382551 433001 0 0 1042051 1845882 0 0 143105 1263701 1293157 2688303 3572040 435830 -616147 10408082 9930979 3069127 3106924 7338955 6824055 X NEW HOPE CHRISTIAN COLLEGE EXISTS TO DISCIPLE EMERGING CHRISTIAN LEADERS BY DEVELOPING THEIR THEOLOGY, MINISTRY SKILLS, AND CHARACTER IN ORDER TO WIN SOULS, PLANT FRUITFUL CHURCHES, AND LEAD AS EXEMPLARY AMBASSADORS FOR CHRIST IN THE MINISTRY AND MARKETPLACE. 0 0 2242793 433001 1342830 NEW HOPE CHRISTIAN COLLEGE STARTED THE YEAR WITH A MODEST THIRTEEN INCOMING STUDENTS, BUT THEY JOINED THE REST OF THE STUDENT BODY FOR A YEAR FULL OF OPPORTUNITY AND EXCITEMENT.THERE WERE MANY PRACTICAL OPPORTUNITIES TO SERVE AS A RESULT OF LOCAL FIRES. STUDENTS HELPED DISPERSE RELIEF TO DISPLACED FAMILIES AND LITERALLY SIFTED THROUGH THE ASHES OF BURNED HOMES TO HELP FAMILIES FIND PERSONAL ITEMS. COMMUNITY OUTREACH EVENTS ALSO PROVIDED OPPORTUNITIES TO SERVE. STUDENTS WORKED WITH THE MUSICIAN THUNDERSTORM TO PRODUCE A MUSIC VIDEO AS WELL AS AN ON-CAMPUS CONCERT. THEY ALSO WORKED WITH ANOTHER BAND, CHRISTAFARAI, TO PUT ON A SUBSEQUENT CONCERT LATER IN THE YEAR. MOST SIGNIFICANTLY, HOWEVER, PRESIDENT WAYNE CORDEIRO LAUNCHED A LAB CHURCH ON CAMPUS, WHICH HAD ITS OFFICIAL INAUGURAL SERVICE APRIL 4, 2021. MANY STUDENTS PARTICIPATED IN A RESIDENCY INTERNSHIP OVER THE SUMMER AND LED THE CHURCH'S FIRST YOUTH SUMMER CAMP. NEW HOPE STUDENTS WERE RELEASED INTO ESSENTIAL AND LEADERSHIP ROLES AT THE CHURCH IN THE AREAS OF YOUTH AND YOUNG ADULT MINISTRY, WORSHIP, TECHNOLOGY, FACILITIES, USHERS, GREETERS, PARKING, AND MORE. ACADEMICALLY, IN CONCERT WITH THE SERVING OPPORTUNITIES, THE CURRICULUM WENT THROUGH A MAJOR OVERHAUL TO INCORPORATE CREDIT FOR PRACTICAL LEARNING; STUDENTS CAN NOW RECEIVE CREDIT FOR UP TO ONE THOUSAND HOURS OF PRACTICUM EXPERIENCE. WE ENDED THE ACADEMIC YEAR WITH EIGHT STUDENTS COMPLETING EITHER A BACHELOR'S OR ASSOCIATE'S DEGREE. 2242793 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 22 0 1 54 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X DR WAYNE CORDEIRO PRESIDENT 5414851780 2155 BAILEY HILL ROAD EUGENE OR 97405 SCOTT ALLDRIDGE CHAIRMAN 4.00 X X 0 0 0 JOHN TILTON TREASURER & SECRETARY THRU JUNE 2023 4.00 X X 0 0 0 ERIKA FUNK DIRECTOR 4.00 X 0 0 0 PHIL MA DIRECTOR THRU JUNE 2023 4.00 X 0 0 0 BERNIE FEDERMANN DIRECTOR 2.00 X 0 0 0 CHRIS HANSLER DIRECTOR 2.00 X 0 0 0 DON CAUSEY DIRECTOR 2.00 X 0 0 0 DAN LELACHEUR DIRECTOR 2.00 X 0 0 0 DUANE DAGGETT DIRECTOR THRU JAN 2023 2.00 X 0 0 0 JOHN STRASHEM DIRECTOR THRU JUNE 2023 1.00 X 0 0 0 JOHN TILTON DIRECTOR THRU JUNE 2023 2.00 X 0 0 0 WAYNE CORDEIRO PRESIDENT 40.00 X 126084 0 0 JANIS GEMIGNANI CFO 15.00 X 0 0 0 126084 0 0 1 0 0 0 0 110050 1476293 32628 1586343 TUITION & FEES 611710 639840 639840 STUDENT HOUSING & MEAL 611710 622192 622192 1262032 53456 53456 17130 67661 22239 72691 -5109 -5030 -10139 -10139 0 110050 16597 -16597 -16597 MISCELLANEOUS INCOME 611710 80098 80098 BAD DEBT COLLECTED 611710 700 700 80798 2955893 1342830 0 26720 433001 433001 126084 81955 44129 14106 14106 1491972 762610 659295 70067 127104 112513 12533 2058 86616 52687 29144 4785 54766 54766 10079 10079 104517 86687 14822 3008 13640 4152 8150 1338 121243 98409 16339 6495 307968 301446 5602 920 10730 7162 2716 852 41246 9074 27635 4537 283533 62377 189967 31189 43788 9633 29338 4817 MAINTENANCE AND REPAIRS 108642 106189 2107 346 ACADEMIC SERVICES 58352 19991 32951 5410 BAD DEBT ALLOWANCE 34304 7547 22984 3773 COLLEGE SPONSORED EVENT 21274 20279 0 995 79075 52975 23585 2515 3572040 2242793 1186142 143105 344538 176425 2325818 2202398 237222 162473 18763 32602 10035970 5488533 4742200 4547437 1294110 1392392 1445431 1417252 10408082 9930979 110857 1585137 0 8264 1444367 0 1513903 1513523 3069127 3106924 X 6116816 5690083 1222139 1133972 7338955 6824055 10408082 9930979 -616147 99247 2000 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 808543 69801 878344 895128 -83095 3490 808543 764138 132990 2000 895128 765188 -1050 764138 1890252 25192 932097 218159 765188 0.00000 1.00000 0.00000 0 0 229627 229627 8444745 4432981 4011764 1191593 928171 263422 170005 127381 42624 4547437 DUE FROM NHI 1371 RIGHT OF USE ASSET 1415881 1417252 X 2655607 99247 26950 -433001 -306804 2962411 10079 -16597 -6518 2955893 3170507 26950 -2000 16597 41547 3128960 10079 433001 443080 3572040 PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS, EXCEPT TAXES, IF ANY, ON UNRELATED BUSINESS INCOME. IN ADDITION, THE COLLEGE IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE COLLEGE'S POLICY IS TO RECORD A LIABILITY FOR ANY UNCERTAIN TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO THE TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF JUNE 30, 2023 AND 2022 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. THE COLLEGE DID NOT INCUR ANY PENALTY OR INTEREST RELATED TO ITS TAX POSITIONS. IF ANY WERE INCURRED, THEY WOULD BE RECORDED AS A COMPONENT OF MANAGEMENT AND GENERAL EXPENSES. THE COLLEGE FILES AN EXEMPT ORGANIZATION RETURN WITH THE U.S FEDERAL AND OREGON JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIPS TREATED AS EXPENSES PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS TREATED AS EXPENSES 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION'S NONDISCRIMINATORY POLICY IS PUBLISHED TO THE ACADEMIC CATALOG ON THE ORGANIZATION'S WEBSITE. THE POLICY IS ALSO INCLUDED IN THE STAFF HANDBOOK. ANNUAL GALA 4600 4600 GOLF TOURNAMENT 105450 105450 16597 110050 110050 16597 16597 -16597 1 SCHOLARSHIPS 41 333053 TUITION DISCOUNT 36 99948 PART I, LINE 2: THERE ARE A NUMBER OF SCHOLARSHIP ACCOUNTS THAT THE COLLEGE MONITORS ON THE GENERAL LEDGER. THOSE ACCOUNTS ARE RECONCILED WITH THE GRANTS AWARDED TO THE STUDENT'S POPULI ACCOUNTS. AARON CORDEIRO CHILD OF OFFICER 14106 W-2 WAGES 0 X MATTRESSES FOR DORMS 1 27108 FMV X KITCHEN & CATERING SUPPLIES 1 5520 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B STAFF REVIEWS THE DRAFT OF THE 990 AND WHEN IT IS READY CIRCULATES IT TO THE WHOLE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONDUCTS PERIODIC REVIEWS TO MONITOR FOR POTENTIAL CONFLICTS OF INTEREST. EVERY BOARD MEMBER HAS A DUTY TO DISLOSE, AND AFTER DISCLOSURE, THE REMAINING BOARD OR COMMITTEE MEMBERS DETERMINE IF A CONFLICT EXISTS AND WILL ADDRESS THE CONFLICT WITH THE APPROPRIATE MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 SALARY ARRANGEMENTS ARE DETERMINED ANNUALLY BY THE PRESIDENT AND BUDGET COMMITTEE AND ARE RATIFIED BY THE BOARD OF DIRECTORS. THE SALARIES ARE BELOW COMPARABLE SALARIES. THE BOARD ANNUALLY EVALUATES THE PRESIDENT OF THE COLLEGE. THE BOARD DECIDES RETENTION, TERMINATION, AND COMPENSATION FOR THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE COLLEGE PRESIDENT'S OFFICE.