2025-11-12T14:09:05-07:00 2025-06-30 990 2024-07-01 562195966 MANNA UNIVERSITY MANN 9102212224 5117 Cliffdale Rd Fayetteville NC 28314 Sean Pottorff CFO 9102212224 2025-10-16 1 2024 2025-03-06 01:10:19Z Sean Pottorff 5117 Cliffdale Rd Fayetteville NC 28314 1667082 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. 9 9 78 20 0 0 374968 529808 964956 1086023 0 5459 35403 30329 1375327 1651619 0 0 0 0 1010179 919793 0 0 70867 526948 495482 1537127 1415275 -161800 236344 566985 788520 210435 191082 356550 597438 Manna University is a biblical higher education institution dedicated to educating, equipping, and empowering emerging leaders to change the world. 0 0 1011274 1656163 Manna University is a biblical higher education institution dedicated to educating, equipping, and empowering emerging leaders to change the world. Our curriculum helped us accomplish this. 0 0 0 1011274 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 11 0 1 78 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 X 9 9 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 Carlo Serrano President 40 0 X X 66411 0 25320 Tyrant Davenport Chairman 1 0 X X 0 0 0 Aaron Allison Treasurer 1 0 X X 0 0 0 Kate Murphy Secretary 1 0 X X 0 0 0 Clem Ferris Board Member 1 0 X 0 0 0 Dan Boyce Board Member 1 0 X 0 0 0 Christopher Fletcher Board Member 1 0 X 0 0 0 Jimmy Currence Board Member 1 0 X 0 0 0 Doreen O'Connor Board Member 1 0 X 0 0 0 66411 0 25320 0 0 0 0 0 0 0 0 0 0 529808 86851 529808 Tuition and Fees 611310 1387464 1387464 0 0 Tuition Assistance 611310 -301441 -301441 0 0 0 0 0 0 1086023 5459 5459 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36899 0 15463 21436 0 21436 0 0 0 0 0 0 0 0 0 0 0 0 Other Revenue 900099 8893 8893 0 0 0 0 0 0 8893 1651619 1100375 0 21436 0 0 0 0 0 0 0 0 91731 73385 9173 9173 14282 11426 1428 1428 713584 602666 55459 55459 51697 0 51697 0 0 0 0 0 48499 43649 4850 0 0 0 0 0 0 0 0 0 53645 42916 10729 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9401 0 9401 0 52466 29747 22042 677 42940 34782 8158 0 0 0 0 0 86851 8685 78166 0 55742 0 55742 0 0 0 0 0 6380 6380 0 0 0 0 0 0 0 0 0 0 8855 7969 886 0 12173 9738 2435 0 Dues and Subscriptions 53599 42879 10720 0 Meals and Entertainment 33559 23491 6712 3356 Program Fees 32195 32195 0 0 Accreditation 13591 13591 0 0 34085 27775 5536 774 1415275 1011274 333134 70867 226713 395145 0 0 0 0 45388 51895 0 0 0 0 0 0 0 8841 38062 45978 193337 146008 56184 47329 0 0 0 0 0 0 0 0 200638 239332 566985 788520 92919 83446 0 89687 89190 0 0 0 0 0 27829 18446 210435 191082 X 289749 379780 66801 217658 356550 597438 566985 788520 236344 4544 0 0 0 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 116275 0 40397 50000 4544 0 2000 0 92941 37260 0 5082 0 1945 0 40397 33892 0 3368 0 0 0 37260 39334 0 -5442 0 0 0 33892 31461 0 7873 0 0 0 39334 0 0.84 0.16 0 0 0 0 0 0 110175 64969 45206 0 0 0 0 0 33130 31007 2123 0 50032 50032 0 47329 Art Collection 116275 Endowment Funds 92938 Financing Lease right-of-use asset 18679 Reimbursable North Carolina Sales Tax 3032 Gain in life insurance value 8408 239332 0 Financing lease liabilities 18446 18446 1656163 4544 0 0 0 4544 1651619 0 0 0 1651619 1415275 0 0 0 0 0 1415275 0 0 0 1415275 Schedule D, Part III, Line 1 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, 2025. Schedule D, Part III, Line 4 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 Schedule D, Part V, Line 4 - The university contains two donor-restricted endowment funds. In the first endowment, 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. In the second endowment, all income of the investment gains in excess of the donor-restricted corpus to be held in perpetuity are to be used for the MPF scholarship fund. 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. Tuition discounts and funded scholarships for foreign students North America (including Canada and Mexico, but not the United States) 7 0 26345 Tuition discounts and funded scholarships At cost Tuition discounts and funded scholarships South America 24 5880 Wire Transfer 81365 Tuition discounts and funded scholarships. At cost Tuition discounts and funded scholarships Sub-Saharan Africa 8 0 33395 Tuition discounts and funded scholarships At cost Tuition discounts and funded scholarships South Asia 3 0 12950 Tuition discounts and funded scholarships At cost Tuition discounts and funded scholarships East Asia and the Pacific 2 0 3190 Tuition discounts and funded scholarships At cost Tuition discounts and funded scholarships Europe (including Iceland and Greenland) 3 0 15275 Tuition discounts and funded scholarships At cost 0 0 0 0 0 0 Dream Run 5K 10804 0 10804 0 0 0 0 0 9618 Golf Tournament 26095 0 26095 0 0 0 0 0 5845 0 36899 0 36899 0 0 0 0 0 15463 15463 21436 Jaedon Fletcher Child of Board Member 7222 Tuition Discounts and Scholarships Tuition Discounts and Scholarships David Serrano Child of CEO/President 4510 Tuition Discounts and Scholarships Tuition Discounts and Scholarships Nathalie Fletcher Child of former Board Treasurer 4260 Tuition Discounts and Scholarships Tuition Discounts and Scholarships Jonathan Fletcher Former Board Treasurer and brother of current Board member 3105 Tuition Discounts and Scholarships Tuition Discounts and Scholarships Jaemi Serrano Spouse of CEO/President 14282 Employee compensation 0 X Rent for the year 1 77900 Fair Market Value X Utilities for the year 1 8951 Fair Market Value 0 0 0 0 Form 990, Part VI, Section B, Line 11b The Board was provided a copy of the IRS Form 990 at its annual meeting prior to this submission. 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 18 The organization makes all this information available to the public at the organization's office upon request. This statement also resides on the organization's website. 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.