2025-12-04T11:36:30-06:00 2025-05-31 410746749 CLIFTONLARSONALLEN LLP 301 SW ADAMS STREET SUITE 1000 PEORIA IL 61602 990 2024-06-01 370711798 LINCOLN CHRISTIAN UNIVERSITY LINC 2177323168 100 CAMPUS VIEW DRIVE LINCOLN IL 62656 SILAS MCCORMICK PRESIDENT 2177323168 2025-12-02 1 1 SAMUEL A CIGELNIK P00324762 3096714500 2025-12-01 2024 2025-03-06 01:10:19Z LINCOLN CHRISTIAN INSTITUTE SILAS MCCORMICK 100 CAMPUS VIEW DRIVE LINCOLN IL 62656 3772809 0 X WWW.LINCOLNCHRISTIANINSTITUTE.ORG X 1944 IL TO EDUCATE, EQUIP, AND ENCOURAGE CHURCHES AND THOSE WHO LEAD THEM. X 5 5 26 5 0 0 1682063 425845 1568194 270016 -1118682 92584 -10610 0 2120965 788445 469275 5244194 0 0 2233678 164597 0 0 0 1710078 368360 4413031 5777151 -2292066 -4988706 12797073 6852160 1243880 765150 11553193 6087010 LINCOLN CHRISTIAN INSTITUTE EXISTS TO EDUCATE, EQUIP, AND ENCOURAGE CHURCHES AND THOSE WHO LEAD THEM. 0 0 5629322 5244194 270016 PROGRAM VISION: TO SERVE AS A TRUSTED RESOURCE FOR HEALTHY CHURCHES AND MATURE CHURCH LEADERS WHO ARE SPREADING THE GOSPEL OF JESUS CHRIST. AVERAGE NUMBER IN THE COURSES WAS 15. 5629322 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 19 0 1 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARGIE MARTIN 2177323168 100 CAMPUS VIEW DRIVE LINCOLN IL 62656 BRETT ANDERSON TRUSTEE 1.00 X 0 0 0 JENNIFER ARMSTRONG TRUSTEE 1.00 X 0 0 0 DARRYL BOLEN TRUSTEE 1.00 X 0 0 0 DR KAREN DIEFENDORF VICE CHAIR 1.00 X X 0 0 0 WARREN KNOLES SECRETARY 1.00 X X 0 0 0 ROGER CLARK TRUSTEE 1.00 X 0 0 0 DR SILAS MCCORMICK PRESIDENT 40.00 X 90625 0 0 90625 0 0 0 0 0 0 0 425845 425845 OTHER INCOME 611310 219531 219531 CERTIFICATE REVENUE 611310 26750 26750 AUXILIARY 611310 21195 21195 CAMPUS EVENTS 611710 2540 2540 270016 96577 96577 2980371 2980371 3993 0 -3993 -3993 -3993 788445 270016 0 92584 X 5226194 5226194 18000 18000 90625 67969 22656 9060 6795 2265 9600 7200 2400 55312 41484 13828 4502 3376 1126 13452 13452 158199 118649 39550 4502 3376 1126 5374 4030 1344 BAD DEBT 99448 70086 29362 SUPPLIES 27041 20281 6760 RETREAT EXPENSE 24424 18318 6106 LEASE EXPENSE 16000 12000 4000 15418 11564 3854 5777151 5629322 147829 0 1916 1568 1948440 219511 122616 332494 177835 171462 6721 30831 28568 11630 2263 1152347 4346716 6061281 29125 2754489 2065600 227304 15915 12797073 6852160 182948 53355 1007577 765150 1243880 765150 X -773490 1339229 12326683 4747781 11553193 6087010 12797073 6852160 X -4988706 -401199 -76278 X X 0 1 X 1 0 X 4234814 3761770 1989636 1682063 425845 12094128 4234814 3761770 1989636 1682063 425845 12094128 12094128 49444 160422 221669 135588 96577 663700 12757828 19097535 0.94800 0.94890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5237525 -214666 5022859 5469723 143750 -243486 132462 5237525 5422682 177827 -31706 99080 5469723 5715377 193371 -293110 192956 5422682 5385565 191458 695410 557056 5715377 0.00000 0.00000 0.00000 0 0 30831 28568 2263 2263 LAND 2065600 F 2065600 ANNUITY LIABILITY 127079 CHARITABLE TRUST LIABILITY 638071 765150 X 297516 -401199 -401199 698715 13452 76278 89730 788445 537505 0 537505 13452 5226194 5239646 5777151 PART X, LINE 2: ON JUNE 1, 2009, THE UNIVERSITY ADOPTED THE FINANCIAL ACCOUNTING STANDARDS BOARD'S NEW ACCOUNTING REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. UNDER THESE NEW REQUIREMENTS, A TAX POSITION THAT MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD IS INITIALLY AND SUBSEQUENTLY MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON SETTLEMENT WITH A TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE UNIVERSITY DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS A RESULT OF IMPLEMENTING THE NEW REQUIREMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST 76,278. PART XII, LINE 4B - OTHER ADJUSTMENTS: DONATION OF ENDOWMENT & BOOK COLLECTION. 5,226,194. 1 OZARK CHRISTIAN COLLEGE 1111 N MAIN ST RD JOPLIN MO 64801 446005108 501(C)(3) 5022859 0 FAIR MARKET VALUE ENDOWMENT FUND DURING 2025, A GIFT OF THE LINCOLN CHRISTIAN UNIVERSITY'S ENDOWMENT WAS PROVIDED TO OZARK CHRISTIAN COLLEGE, A SEMINARY SCHOOL LOCATED IN JOPLIN, MISSOURI. ABILENE CHRISTIAN UNIVERSITY 1600 CAMPUS CT ABILENE TX 79601 750851900 501(C)(3) 0 203335 FAIR MARKET VALUE RARE BOOK COLLECTION DURING 2025, A GIFT OF THE LINCOLN CHRISTIAN SEMINARY RARE BOOK COLLECTION WAS PROVIDED TO ABILENE CHRISTIAN UNIVERSITY, A CHRISTIAN UNIVERSITY LOCATED IN ABILENE, TEXAS. 2 HARDSHIP 1 18000 LINCOLN CHRISTIAN UNIVERSITY'S ENDOWMENT FUND 2025-05-31 5022859 FMV FROM INVESTMENT STATEMENT 446005108 OZARK CHRISTIAN COLLEGE 1111 N MAIN ST RD JOPLIN MO 64801 501(C)(3) LINCOLN CHRISTIAN SEMINARY RARE BOOK COLLECTION 2025-05-31 203335 HISTORICAL BOOK VALUE 750851900 ABILENE CHRISTIAN UNIVERSITY 1600 CAMPUS CT ABILENE TX 79601 501(C)(3) 0 0 0 0 SCHEDULE N, PART II, LINES 1 AND 2: ON OCTOBER 13, 2023, LINCOLN CHRISTIAN UNIVERSITY FORMALLY ANNOUNCED ITS INTENT TO DISCONTINUE ALL CREDIT-BASED ACADEMIC OPERATIONS EFFECTIVE MAY 31, 2024, FOLLOWING THE CONCLUSION OF THE SPRING 2024 ACADEMIC SEMESTER. IN 2025, AS PART OF ITS WIND-DOWN PROCESS, THE ORGANIZATION TRANSFERRED OWNERSHIP OF ITS INSTITUTIONAL ENDOWMENT TO OZARK CHRISTIAN COLLEGE, A QUALIFIED SEMINARY INSTITUTION LOCATED IN JOPLIN, MISSOURI AND AND ITS RARE BOOK COLLECTION TO ABILENE CHRISTIAN UNIVERSITY, A CHRISTIAN UNIVERSITY IN ABILENE, TEXAS. FORM 990, PART VI, SECTION A, LINE 4 DURING 2025, LINCOLN CHRISTIAN UNIVERSITY MODIFIED ITS PURPOSE TO SERVING THE CHURCHES IN THE COMMUNITIES SURROUNDING LINCOLN, ILLINOIS AND OFFER CONFERENCES, CERTIFICATE BASED COURSES, RETREATS, AND PULPIT SUPPLY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS EMAILED TO THE DIRECTORS AND EITHER APPROVED BY UNANIMOUS CONSENT TO BE FILED, OR DISCUSSED AND APPROVED AT A MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES ALONG WITH THE OFFICERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST AGREEMENT WHERE THEY WOULD DISCLOSE PERTINENT INFORMATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS COMPARES THE PRESIDENT'S COMPENSATION TO OTHER SIMILAR NONPROFIT ORGANIZATION'S COMPENSATION PACKAGES. THE PRESIDENT DOES THE SAME FOR EMPLOYEES AND REVIEWS THOSE WITH THE BOARD. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 LCI'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST AGREEMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E MISCELLANEOUS: PROGRAM SERVICE EXPENSES 11,564. MANAGEMENT AND GENERAL EXPENSES 3,854. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,418. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST -76,278. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.