2015 Department of the Treasury

Transcription

1 OMB Return of Organization Exempt From Income Tax Form 990 Under section 501, 527, or 4947(1) of the Internal Revenue Code (except private foundations) 2015 Department of the Treasury Do not enter social security numbers on this form as it may be made public. Open to Public Internal Revenue Service Information about Form 990 and its instructions is at Inspection A For the 2015 calendar year, or tax year beginning JUL 1, 2015 and ending JUN 30, 2016 B Check if C D applicable: Address change Name change Initial return AVIER UNIVERSITY Doing business as Number and street (or P.O. box if mail is not delivered to street address) Room/suite E Telephone number Final return/ 3800 VICTORY PARKWAY (513) terminated City or town, state or province, country, and ZIP or foreign postal code G Gross receipts $ 440,434,36 Amended return CINCINNATI, OH H Is this a group return Application F Name and address of principal officer: MARIBETH AMYOT for subordinates? ~~ Yes No pending SAME AS C ABOVE H Are all subordinates included? Yes No I Tax-exempt status: 501(3) 501 ( ) (insert no.) 4947(1) or 527 If "No," attach a list. (see instructions) J Website: H Group exemption number K Form of organization: Corporation Trust Association Other L Year of formation: 1842 M State of legal domicile: OH Summary 1 Briefly describe the organization s mission or most significant activities: AVIER IS A JESUIT CATHOLIC UNIVERSITY ROOTED IN THE LIBERAL ARTS TRADITION. OUR MISSION IS TO Activities & Governance Revenue Expenses Net Assets or Fund Balances Sign Here Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets. Number of voting members of the governing body (Part VI, line 1a) Number of independent voting members of the governing body (Part VI, line 1b) ~~~~~~~~~~~~~~ Total number of individuals employed in calendar year 2015 (Part V, line 2a) ~~~~~~~~~~~~~~~~ b Net unrelated business taxable income from Form 990-T, line 34 16a Professional fundraising fees (, column (A), line 11e) ~~~~~~~~~~~~~~ b Total fundraising expenses (, column (D), line 25) 4,139,232. true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge. Signature of officer MARIBETH AMYOT, EECUTIVE VP & CFO Type or print name and title ~~~~~~~~~~~~~~~~~~~~ Total number of volunteers (estimate if necessary) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7 a Total unrelated business revenue from Part VIII, column (C), line 12 ~~~~~~~~~~~~~~~~~~~~ Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~ Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~ Investment income (Part VIII, column (A), lines 3, 4, and 7d) ~~~~~~~~~~~~~ Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~ Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) Grants and similar amounts paid (, column (A), lines 1-3) Benefits paid to or for members (, column (A), line 4) ~~~~~~~~~~~ ~~~~~~~~~~~~~ Salaries, other compensation, employee benefits (, column (A), lines 5-10) ~~~ = = PUBLIC DISCLOSURE COPY a 7b Prior Year Current Year 46,104, ,075, ,146, ,332,559. 9,905,024. 7,117, , , ,237, ,585, ,751, ,575, ,973, ,279,304. Print/Type preparer s name Preparer s signature Date Check PTIN if Paid SHAWNA M. JIMENEZ 5/15/2017 self-employed P Preparer Firm s name DELOITTE TA LLP Firm s EIN Use Only Firm s address 111 MONUMENT CIRCLE, SUITE INDIANAPOLIS, IN Phone no. (317) May the IRS discuss this return with the preparer shown above? (see instructions) Yes No LHA For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2015) SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENT CONTINUATION Date ,522, Other expenses (, column (A), lines 11a-11d, 11f-24e) ~~~~~~~~~~~~~ 71,081, ,507, Total expenses. Add lines (must equal, column (A), line 25) ~~~~~~~ 238,806, ,361, Revenue less expenses. Subtract line 18 from line 12 38,430, ,223,364. Beginning of Current Year End of Year 20 Total assets (Part, line 16) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 610,847, ,749, Total liabilities (Part, line 26) ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 254,650,18 255,042, Net assets or fund balances. Subtract line 21 from line ,197, ,706,643. I Signature Block Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is

2 Form 990 (2015) AVIER UNIVERSITY II Statement of Program Service Accomplishments a Check if Schedule O contains a response or note to any line in this II Briefly describe the organization s mission: AVIER IS A JESUIT CATHOLIC UNIVERSITY ROOTED IN THE LIBERAL ARTS TRADITION. OUR MISSION IS TO EDUCATE EACH STUDENT INTELLECTUALLY, MORALLY, AND SPIRITUALLY. WE CREATE LEARNING OPPORTUNITIES THROUGH RIGOROUS ACADEMIC AND PROFESSIONAL PROGRAMS INTEGRATED WITH Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? If "Yes," describe these new services on Schedule O. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Did the organization cease conducting, or make significant changes in how it conducts, any program services? ~~~~~~ If "Yes," describe these changes on Schedule O. Describe the organization s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(3) and 501(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and Yes Yes revenue, if any, for each program service reported. ( Code: ) ( Expenses $ 111,489,141. including grants of $ 73,312,343. ) ( Revenue $ 174,757,915. ) AVIER UNIVERSITY IS A PRIVATE, COEDUCATIONAL UNIVERSITY THAT EDUCATES STUDENTS IN THE JESUIT CATHOLIC TRADITION. AVIER'S THREE COLLEGES OFFER 90 UNDERGRADUATE MAJORS, 59 MINORS AND 30 GRADUATE PROGRAMS TO 6,522 STUDENTS, INCLUDING 4,572 UNDERGRADUATES. AVIER HAS BEEN RECOGNIZED AS ONE OF THE TOP 10 UNIVERSITIES IN THE MIDWEST FOR THE LAST 20 YEARS BY SEVERAL INDEPENDENT REVIEWS. A 11:1 STUDENT TO FACULTY RATIO ENCOURAGES INTERACTIVE AND SUPPORTIVE LEARNING. AVIER STUDENTS HAVE HIGH GRADUATION AND CAREER PLACEMENT RATES. No No 4b 93,650,878. 2,879, ,520,732. ( Code: ) ( Expenses $ including grants of $ ) ( Revenue $ ) AVIER UNIVERSITY OFFERS STUDENT SERVICES WHICH CONTRIBUTE TO THE STUDENT'S EMOTIONAL AND PHYSICAL WELL BEING AS WELL AS INTELLECTUAL, CULTURAL AND SOCIAL DEVELOPMENT OUTSIDE THE CONTET OF FORMAL INSTRUCTION. THESE SERVICES INCLUDE STUDENT GOVERNMENT, RESIDENTIAL LIFE, STUDENT INVOLVEMENT, CAREER SERVICES CENTER, OFFICE OF MULTICULTURAL AFFAIRS, INTERCOLLEGIATE AFFAIRS, RECREATIONAL SPORTS, RETAIL SERVICES, DINING SERVICES, CAMPUS POLICE, AND OTHERS. 4c 17,838, ,80 ACADEMIC SUPPORT INCLUDES THE OPERATION OF THE LIBRARY, THE CONATON LEARNING COMMONS AND DIVISION OF INFORMATION RESOURCES. IN ADDITION TO THE RESOURCES IN THE LIBRARY COLLECTIONS, THE FACILITIES PROVIDE STUDY, LOUNGE, CONFERENCE, INSTRUCTION SPACE, TECHNOLOGIES, AND SERVICES TO HELP STUDENTS MASTER ESSENTIAL SKILLS AND GAIN A COMPETITIVE ADVANTAGE IN THEIR RESPECTIVE DISCIPLINES AND CAREERS. ( Code: ) ( Expenses $ including grants of $ ) ( Revenue $ ) 4d 4e Other program services (Describe in Schedule O.) ( Expenses $ including grants of $ ) ( Revenue $ ) Total program service expenses 222,978, Form 990 (2015)

3 Form 990 (2015) AVIER UNIVERSITY V Checklist of Required Schedules 1 Is the organization described in section 501(3) or 4947(1) (other than a private foundation)? If "Yes," complete Schedule A~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 2 Is the organization required to complete Schedule B, Schedule of Contributors? ~~~~~~~~~~~~~~~~~~~~~~ 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 4 Section 501(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5 Is the organization a section 501(4), 501(5), or 501(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, II ~~~~~~~~~~~~~~ 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, I~~~~~~~~~~~~~~ 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 9 Did the organization report an amount in Part, line 21, for escrow or custodial account liability, serve as a custodian for amounts not listed in Part ; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, V ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V ~~~~~~~~~~~~~~~~~~~~~~~~ 11 If the organization s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, I, or as applicable. a Did the organization report an amount for land, buildings, and equipment in Part, line 10? If "Yes," complete Schedule D, Part VI ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ b Did the organization report an amount for investments - other securities in Part, line 12 that is 5% or more of its total assets reported in Part, line 16? If "Yes," complete Schedule D, Part VII ~~~~~~~~~~~~~~~~~~~~~~~~~ c Did the organization report an amount for investments - program related in Part, line 13 that is 5% or more of its total assets reported in Part, line 16? If "Yes," complete Schedule D, Part VIII ~~~~~~~~~~~~~~~~~~~~~~~~~ d Did the organization report an amount for other assets in Part, line 15 that is 5% or more of its total assets reported in Part, line 16? If "Yes," complete Schedule D, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ e Did the organization report an amount for other liabilities in Part, line 25? If "Yes," complete Schedule D, Part ~~~~~~ f Did the organization s separate or consolidated financial statements for the tax year include a footnote that addresses the organization s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part ~~~~ 12a Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts I and II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ b Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts I and II is optional ~~~~~ 13 Is the organization a school described in section 170(1)(A)(ii)? If "Yes," complete Schedule E ~~~~~~~~~~~~~~ 14a Did the organization maintain an office, employees, or agents outside of the United States? ~~~~~~~~~~~~~~~~ b Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 15 Did the organization report on, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If "Yes," complete Schedule F, Parts II and IV ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 16 Did the organization report on, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV ~~~~~~~~~~~~~~~~~~~~~~~~~~ 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on, column (A), lines 6 and 11e? If "Yes," complete Schedule G, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, II a 11b 11c 11d 11e 11f 12a 12b 13 14a 14b Yes Page 3 No 19 Form 990 (2015)

4 Form 990 (2015) AVIER UNIVERSITY V Checklist of Required Schedules (continued) 20a Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H ~~~~~~~~~~~~~~~~ b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? ~~~~~~~~~~ 21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on, column (A), line 1? If "Yes," complete Schedule I, Parts I and II ~~~~~~~~~~~~~~ 22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on, column (A), line 2? If "Yes," complete Schedule I, Parts I and III ~~~~~~~~~~~~~~~~~~~~~~~~~~ 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 24a Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If "Yes," answer lines 24b through 24d and complete Schedule K. If "No", go to line 25a ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ b Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? ~~~~~~~~~~~ c Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ d Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year? ~~~~~~~~~~~ 25a Section 501(3), 501(4), and 501(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, ~~~~~~~~~~~~~~~~ b Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 26 Did the organization report any amount on Part, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If "Yes," complete Schedule L, I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, II ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 28 Was the organization a party to a business transaction with one of the following parties (see Schedule L, V instructions for applicable filing thresholds, conditions, and exceptions): a A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, V ~~~~~~~~~~~ b A family member of a current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, V ~~ c An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, V~~~~~~~~~~~~~~~~~~~~~ Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M ~~~~~~~~~ Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 31 Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, I ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections and ? If "Yes," complete Schedule R, ~~~~~~~~~~~~~~~~~~~~~~~~ 34 Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, I, III, or IV, and Part V, line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 35a Did the organization have a controlled entity within the meaning of section 512(13)? ~~~~~~~~~~~~~~~~~~ b If "Yes" to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(13)? If "Yes," complete Schedule R, Part V, line 2 ~~~~~~~~~~~~~~~~~~~ 36 Section 501(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI ~~~~~~~~ 38 Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O 20a 20b a 24b 24c 24d 25a 25b a 28b 28c a 35b Yes Page 4 No 38 Form 990 (2015)

5 Form 990 (2015) AVIER UNIVERSITY Page 5 Part V Statements Regarding Other IRS Filings and Tax Compliance Check if Schedule O contains a response or note to any line in this Part V 1a Enter the number reported in Box 3 of Form Enter -0- if not applicable ~~~~~~~~~~~ b c b 3a b b b c b Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable ~~~~~~~~~~ 1b Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming If at least one is reported on line 2a, did the organization file all required federal employment tax returns? ~~~~~~~~~~ Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions) ~~~~~~~~~~~ 7 Organizations that may receive deductible contributions under section 17 a Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? 9 13 b c d e f g a b b b 12a Section 4947(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041? b If "Yes," enter the amount of tax-exempt interest received or accrued during the year N/A 12b a b c 14a b (gambling) winnings to prize winners? 2a Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return ~~~~~~~~~~ Did the organization have unrelated business gross income of $1,000 or more during the year? ~~~~~~~~~~~~~~ If "Yes," has it filed a Form 990-T for this year? If "No," to line 3b, provide an explanation in Schedule O ~~~~~~~~~~ 4a At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?~~~~~~~ If "Yes," enter the name of the foreign country: J CAYMAN ISLANDS See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ~~~~~~~~~~~~ Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? ~~~~~~~~~ If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6a Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If "Yes," did the organization notify the donor of the value of the goods or services provided? Note. See the instructions for additional information the organization must report on Schedule O. Did the organization receive any payments for indoor tanning services during the tax year? ~~~~~~~~~~~~~~~~ If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O 1a 2a ~~~~~~~~~~~~~~~~~~~~~~~~ Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? ~~~~~~~~~~~~~~~ If "Yes," indicate the number of Forms 8282 filed during the year ~~~~~~~~~~~~~~~~ Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 7d 10a 10b 11a 11b 13b 13c ~~~~~~~ ~~~~~~~~~ If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ~ h If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? 8 Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the N/A sponsoring organization have excess business holdings at any time during the year? ~~~~~~~~~~~~~~~~~~~ Sponsoring organizations maintaining donor advised funds. Did the sponsoring organization make any taxable distributions under section 4966? ~~~~~~~~~~~~~~~~~~~ N/A Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? ~~~~~~~~~~~~~ N/A 10 Section 501(7) organizations. Enter: a Initiation fees and capital contributions included on Part VIII, line 12 ~~~~~~~~~~~~~~~ N/A Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities ~~~~~~ 11 Section 501(12) organizations. Enter: a Gross income from members or shareholders ~~~~~~~~~~~~~~~~~~~~~~~~~~ N/A Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Section 501(29) qualified nonprofit health insurance issuers. Is the organization licensed to issue qualified health plans in more than one state? ~~~~~~~~~~~~~~~~~~~~~ N/A Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ~~~~~~~~~~~~~~~~~~~~~~ Enter the amount of reserves on hand~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ c 2b 3a 3b 4a 5a 5b 5c 6a 6b 7a 7b 7c 7e 7f 7g 7h 8 9a 9b 12a 13a 14a Yes N/A N/A No 14b Form 990 (2015)

6 Form 990 (2015) AVIER UNIVERSITY Page 6 Part VI Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to line 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions. Check if Schedule O contains a response or note to any line in this Part VI Section A. Governing Body and Management 1a Enter the number of voting members of the governing body at the end of the tax year ~~~~~~ If there are material differences in voting rights among members of the governing body, or if the governing b b a b 9 Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization s mailing address? If "Yes," provide the names and addresses in Schedule O Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.) b b 12a b c a b 16a b exempt status with respect to such arrangements? Section C. Disclosure 17 List the states with which a copy of this Form 990 is required to be filed J NONE body delegated broad authority to an executive committee or similar committee, explain in Schedule O. Enter the number of voting members included in line 1a, above, who are independent ~~~~~~ persons other than the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following: Describe in Schedule O the process, if any, used by the organization to review this Form 99 Did the organization have a written conflict of interest policy? If "No," go to line 13 ~~~~~~~~~~~~~~~~~~~~ Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ~~~~~~ Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ for public inspection. Indicate how you made these available. Check all that apply. Own website Another s website Upon request Other (explain in Schedule O) Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors, or trustees, or key employees to a management company or other person? ~~~~~~~~~~~~~~ Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ~~~~~ Did the organization become aware during the year of a significant diversion of the organization s assets? ~~~~~~~~~ Did the organization have members or stockholders? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 7a Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or The governing body? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Each committee with authority to act on behalf of the governing body? 1a 1b ~~~~~~~~~~~~~~~~~~~~~~~~~~ 10a Did the organization have local chapters, branches, or affiliates? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization s exempt purposes? ~~~~~~~~~~~~~ 11a Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? Did the organization have a written whistleblower policy? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Did the organization have a written document retention and destruction policy? ~~~~~~~~~~~~~~~~~~~~~~ Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision? The organization s CEO, Executive Director, or top management official Other officers or key employees of the organization ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions). ~~~~~~~~~~~~~~~~~~~~~~~~~~ Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization s Section 6104 requires an organization to make its Forms 1023 (or 1024 if applicable), 990, and 990-T (Section 501(3)s only) available Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year. State the name, address, and telephone number of the person who possesses the organization s books and records: MARIBETH AMYOT - (513) VICTORY PARKWAY, CINCINNATI, OH a 7b 8a 8b 9 10a 10b 11a 12a 12b 12c a 15b 16a 16b Yes Yes No No Form 990 (2015)

7 Form 990 (2015) AVIER UNIVERSITY Page 7 Part VII Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check if Schedule O contains a response or note to any line in this Part VII Section A. List all of the organization s current officers, directors, trustees (whether individuals or organizations), regardless of amount of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid. List all of the organization s current key employees, if any. See instructions for definition of "key employee." List the organization s five current highest compensated employees (other than an officer, director, trustee, or key employee) who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organization and any related organizations. List all of the organization s former officers, key employees, and highest compensated employees who received more than $100,000 of reportable compensation from the organization and any related organizations. List all of the organization s former directors or trustees that received, in the capacity as a former director or trustee of the organization, more than $10,000 of reportable compensation from the organization and any related organizations. List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest compensated employees; and former such persons Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization s tax year. Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee. (A) (B) (C) (D) (E) (F) Name and Title Average hours per week (list any hours for related organizations below line) Position (do not check more than one box, unless person is both an officer and a director/trustee) Individual trustee or director Institutional trustee Officer Key employee Highest compensated employee Former Reportable compensation from the organization (W-2/1099-MISC) Reportable compensation from related organizations (W-2/1099-MISC) Estimated amount of other compensation from the organization and related organizations (1) MICHAEL J. GRAHAM, SJ 400 PRESIDENT 00 (2) DONNA JONES BAKER 50 TRUSTEE 00 (3) BRUCE BROWN 50 TRUSTEE (THRU 5/16) 00 (4) CALVIN D. BUFORD, ESQ. 50 TRUSTEE 00 (5) VINCENT C. CAPONI 50 TRUSTEE 00 (6) MICHAEL D. CLASS, SJ 50 TRUSTEE 00 (7) THOMAS G. CODY 50 TRUSTEE 00 (8) MICHAEL J. CONATON 50 TRUSTEE 00 (9) STEPHEN G. CUNTZ 50 TRUSTEE 00 (10) JUSTIN DAFFRON, SJ 50 TRUSTEE 00 (11) WALTER C. DEYE, SJ 50 TRUSTEE 00 (12) ROBERT S. HEIDT, JR., MD 50 TRUSTEE 00 (13) DANIEL S. HENDRICKSON, SJ, PHD 50 TRUSTEE 00 (14) DEBORAH A. HENRETTA 50 TRUSTEE 00 (15) ANN FINEFROCK HOFFMAN 50 TRUSTEE 00 (16) NATASHA A. HOLIDAY 50 TRUSTEE 00 (17) BARBARA J. HOWARD, ESQ. 50 CHAIR/PAST VICE CHAIR 00 7 Form 990 (2015)

8 Form 990 (2015) AVIER UNIVERSITY Page 8 Part VII Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average Position (do not check more than one Reportable Reportable Estimated hours per box, unless person is both an compensation compensation amount of week officer and a director/trustee) from from related other (list any the organizations compensation hours for organization (W-2/1099-MISC) from the related (W-2/1099-MISC) organization organizations and related below organizations line) 1b c d Sub-total~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Total from continuation sheets to Part VII, Section A ~~~~~~~~~~ Total (add lines 1b and 1c) Individual trustee or director Institutional trustee Did the organization list any former officer, director, or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 5 Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person Section B. Independent Contractors 1 Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual~~~~~~~~~~~~~ Officer (18) TIMOTHY HOWE, SJ 50 TRUSTEE 00 (19) GREGORY G. JOSEPH 50 TRUSTEE 00 (20) DAVID L. JOYCE 50 TRUSTEE 00 (21) ROBERT J. KOHLHEPP 50 TRUSTEE/PAST CHAIR 1.50 (22) MARGARET LAFLEY 50 TRUSTEE 00 (23) JOHN B. MAYDONOVITCH 50 TRUSTEE 00 (24) W. RODNEY MCMULLEN 50 TREASURER 00 (25) RALPH S. MICHAEL, III 50 VICE CHAIR 00 (26) JAMES A. MILLER 50 TRUSTEE 00 Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization s tax year. (A) (B) (C) Name and business address Description of services Compensation SBM SITE SERVICES, LLC 5241 ARNOLD AVE., MCCLELLAN, CA CLEANING SERVICES 1,394,912. TJ DYER MECHANICAL SERVICE, LLC 5240 LESTER ROAD, CINCINNATI, OH CONSTRUCTION SERVICES 846,646. TRUE CUT CONSTRUCTION, LLC 748 CITY PARK AVE., COLUMBUS, OH CONSTRUCTION SERVICES 664,314. NAPIER PAINTING & DECORATING, 5160 RIVERWALK DR., KINGS MILLS, OH PAINTING SERVICES 440,53 DANA MONT SQUARE, LLC, 4030 SMITH RD., SUITE 130, CINCINNATI, OH RENTAL SERVICES 373, Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 22 SEE PART VII, SECTION A CONTINUATION SHEETS Key employee Highest compensated employee Former 4,441, ,082. 4,441, , Yes 137 No Form 990 (2015)

9 Form 990 Part VII Section A. AVIER UNIVERSITY Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average hours per week (list any hours for related organizations below line) Position (check all that apply) Individual trustee or director Institutional trustee Officer Key employee Highest compensated employee Former Reportable compensation from the organization (W-2/1099-MISC) Reportable compensation from related organizations (W-2/1099-MISC) Estimated amount of other compensation from the organization and related organizations (27) ANTHONY MUNOZ 50 TRUSTEE 00 (28) KATHERINE S. NAPIER 50 TRUSTEE 00 (29) JOSEPH A. PICHLER 50 TRUSTEE 00 (30) JOHN S. PROUT 50 TRUSTEE 00 (31) DR. JANET BUTLER REID 50 TRUSTEE 00 (32) GARY E. ROBINETTE 50 TRUSTEE 00 (33) TIMOTHY J. SCHROEDER 50 TRUSTEE 00 (34) THOMAS F. SEDLER 50 TRUSTEE 00 (35) STEPHEN S. SMITH 50 TRUSTEE 00 (36) ROBERT A. SULLIVAN 50 TRUSTEE 00 (37) THEODORE H. TORBECK 50 TRUSTEE 00 (38) WILLIAM VEBRYKE, SJ 50 TRUSTEE 00 (39) KATHLYN R. WADE 50 TRUSTEE 00 (40) JAMES L. WAINSCOTT 50 TRUSTEE (THRU 5/16) 00 (41) JOHN KUCIA 400 ADMINISTRATIVE VP , ,222. (42) MARIBETH AMYOT 400 EECUTIVE VP & CFO ,95 35,20 (43) JOSEPH H. FELDHAUS 400 GENERAL COUNSEL AND SECRETARY ,24 41,601. (44) SCOTT CHADWICK 400 PROVOST & CHIEF ACADEMIC OFFICER , ,435. (45) GARY R. MASSA 400 VP FOR UNIVERSITY RELATIONS , ,563. (46) GREGORY A. CHRISTOPHER 400 DIRECTOR OF ATHLETICS , ,784. Total to Part VII, Section A, line 1c

10 Form 990 Part VII Section A. AVIER UNIVERSITY Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and title Average hours per week (list any hours for related organizations below line) Position (check all that apply) Individual trustee or director Institutional trustee Officer Key employee Highest compensated employee Former Reportable compensation from the organization (W-2/1099-MISC) Reportable compensation from related organizations (W-2/1099-MISC) Estimated amount of other compensation from the organization and related organizations (47) TERRY C. RICHARDS 400 VP STUDENT ENROLLMENT (THRU 3/16) ,46 30,91 (48) CHRISTOPHER MACK 400 HEAD COACH, MEN'S BASKETBALL 00 1,614, ,962. (49) R. STAFFORD JOHNSON 400 INTERIM DEAN, WILLIAMS COLL. OF BUS ,87 22,243. (50) BRUCE D. MILLER 400 DIRECTOR, AVIER LEADER CENTER ,76 52,632. (51) BRIAN BALYEAT 400 ASSOCIATE PROFESSOR, FINANCE , ,308. (52) MARK FROLICK 400 CHAIR AND PROFESSOR, MIS , ,802. (53) ROGER A. FORTIN 400 FORMER OFFICER , ,42 Total to Part VII, Section A, line 1c 4,441, ,

11 Form 990 (2015) AVIER UNIVERSITY Part VIII Statement of Revenue Contributions, Gifts, Grants and Other Similar Amounts Program Service Revenue Other Revenue 1 a b c d e f g Noncash contributions included in lines 1a-1f: $ h 1a 1b 1c 1d 1e e Total. Add lines 11a-11d ~~~~~~~~~~~~~~~ 12 Total revenue. See instructions. 1f Total. Add lines 1a-1f Business Code 2 a TUITION AND FEES ,757, ,757,915. b AUILIARY ENTERPRISES ,508, ,970,638. 1,538,305. c EDUCATIONAL ACTIVITIES ,065,701. 7,065, d e f g 6 a b c d b c d b c 9 a b c 10 a b c 11 a b c d Government grants (contributions) All other contributions, gifts, grants, and similar amounts not included above ~~ Total. Add lines 2a-2f a b a b a b Business Code Page 9 Check if Schedule O contains a response or note to any line in this Part VIII (A) (B) (C) (D) Total revenue Related or Unrelated Revenue excluded exempt function business from tax under sections revenue revenue Federated campaigns Membership dues ~~~~~~ ~~~~~~~~ Fundraising events ~~~~~~~~ Related organizations ~~~~~~ All other program service revenue ~~~~~ Investment income (including dividends, interest, and other similar amounts) ~~~~~~~~~~~~~~~~~ Income from investment of tax-exempt bond proceeds Royalties Gross rents ~~~~~~~ Less: rental expenses~~~ Rental income or (loss) ~~ Net rental income or (loss) 7 a Gross amount from sales of assets other than inventory Less: cost or other basis and sales expenses ~~~ Gain or (loss) ~~~~~~~ (i) Real (ii) Personal (i) Securities (ii) Other 185,548,071. 6,112. Net gain or (loss) 8 a Gross income from fundraising events (not including $ 51,668. of contributions reported on line 1c). See V, line 18 ~~~~~~~~~~~~~ Less: direct expenses~~~~~~~~~~ Net income or (loss) from fundraising events Gross income from gaming activities. See V, line 19 ~~~~~~~~~~~~~ Less: direct expenses ~~~~~~~~~ Net income or (loss) from gaming activities Gross sales of inventory, less returns and allowances ~~~~~~~~~~~~~ Less: cost of goods sold ~~~~~~~~ Net income or (loss) from sales of inventory Miscellaneous Revenue All other revenue ~~~~~~~~~~~~~ 51,668. 1,934, ,089,746. 3,556, ,670, , , , , ,38 51, , ,075, ,332,559. 6,293, ,911. 6,309,74 824, , , , , , , ,585, ,740,342. 1,522,394. 7,247, Form 990 (2015)

12 Form 990 (2015) AVIER UNIVERSITY Statement of Functional Expenses Section 501(3) and 501(4) organizations must complete all columns. All other organizations must complete column (A). Check if Schedule O contains a response or note to any line in this Do not include amounts reported on lines 6b, (A) (B) (C) (D) 7b, 8b, 9b, and 10b of Part VIII. Total expenses Program service Management and Fundraising expenses general expenses expenses 1 Grants and other assistance to domestic organizations and domestic governments. See V, line 21 ~ 383,80 383, a b c d e f g a b c d Grants and other assistance to domestic individuals. See V, line 22 ~~~~~~~ Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See V, lines 15 and 16 ~~~ Benefits paid to or for members ~~~~~~~ Compensation of current officers, directors, trustees, and key employees ~~~~~~~~ Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(3)(B) Other salaries and wages ~~~~~~~~~~ Pension plan accruals and contributions (include section 401(k) and 403 employer contributions) Lobbying ~~~~~~~~~~~~~~~~~~ Professional fundraising services. See V, line 17 Investment management fees ~~~~~~~~ Other. (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Sch O.) Insurance ~~~~~~~~~~~~~~~~~ Other expenses. Itemize expenses not covered above. (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) e All other expenses 25 Total functional expenses. Add lines 1 through 24e 26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC ) ~~~ Other employee benefits ~~~~~~~~~~ taxes ~~~~~~~~~~~~~~~~ Fees for services (non-employees): Management ~~~~~~~~~~~~~~~~ Legal ~~~~~~~~~~~~~~~~~~~~ Accounting ~~~~~~~~~~~~~~~~~ Advertising and promotion ~~~~~~~~~ Office expenses~~~~~~~~~~~~~~~ Information technology ~~~~~~~~~~~ Royalties ~~~~~~~~~~~~~~~~~~ Occupancy ~~~~~~~~~~~~~~~~~ Travel ~~~~~~~~~~~~~~~~~~~ Payments of travel or entertainment expenses for any federal, state, or local public officials Conferences, conventions, and meetings ~~ Interest ~~~~~~~~~~~~~~~~~~ Payments to affiliates ~~~~~~~~~~~~ Depreciation, depletion, and amortization ~~ 76,191, ,191,637. Page 10 2,247,235. 2,026, , , , , ,697. 5, ,783, ,817,99 4,728,36 2,237,476. 5,452,848. 4,916, ,25 172, ,767, ,412, , ,189. 4,852,835. 4,375, , , , , , , , , , , ,393. 4,235,116. 3,853, , , , , , ,727. 8,260,847. 7,320, , ,141. 1,072,90 1,072,90 3,429,969. 3,223, , ,501. 6,491,345. 6,307, , ,146. 2,920,212. 2,570, , ,288. 8,063,033. 6,047,275. 2,015, ,653, ,240,216. 3,413,405. 1,307,255. 1,212, , ,73 amount, list line 24e expenses on Schedule O.) ~~ AUILIARY 7,828,561. 4,697,137. 3,131,424. REPAIRS AND MAINTENANCE 7,541,283. 6,963, , ,658. LIBRARY 1,228,962. 1,195, , ,668. ATHLETICS 1,149,922. 1,046, , ,417. 2,096,844. 1,908, , , ,361, ,978, ,244,44 4,139, Form 990 (2015)

13 Form 990 (2015) AVIER UNIVERSITY Page 11 Part Balance Sheet Net Assets or Fund Balances Liabilities Assets Check if Schedule O contains a response or note to any line in this Part (A) (B) Beginning of year End of year 1 Cash - non-interest-bearing ~~~~~~~~~~~~~~~~~~~~~~~~~ 10,069, ,941, Savings and temporary cash investments ~~~~~~~~~~~~~~~~~~ 15,410, ,333, Pledges and grants receivable, net ~~~~~~~~~~~~~~~~~~~~~ 55,062, ,497, Accounts receivable, net ~~~~~~~~~~~~~~~~~~~~~~~~~~ Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete 3,937, ,407, I of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(3)(B), and contributing 5 employers and sponsoring organizations of section 501(9) voluntary 7 8 employees beneficiary organizations (see instr). Complete I of Sch L ~~ Notes and loans receivable, net ~~~~~~~~~~~~~~~~~~~~~~~ Inventories for sale or use ~~~~~~~~~~~~~~~~~~~~~~~~~~ 6 4,205, ,818, Prepaid expenses and deferred charges ~~~~~~~~~~~~~~~~~~ 7,621, ,917, a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D ~~~ 10a 427,076,097. b Less: accumulated depreciation ~~~~~~ 10b 157,690,07 270,219, c 269,386, Investments - publicly traded securities ~~~~~~~~~~~~~~~~~~~ Investments - other securities. See V, line 11 ~~~~~~~~~~~~~~ ,186, ,851, Investments - program-related. See V, line 11 ~~~~~~~~~~~~~ Intangible assets ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Other assets. See V, line 11 ~~~~~~~~~~~~~~~~~~~~~~ Total assets. Add lines 1 through 15 (must equal line 34) Accounts payable and accrued expenses ~~~~~~~~~~~~~~~~~~ Grants payable ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Deferred revenue ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 14 1,135, ,847, ,515, ,226, , ,749, ,802,749. 7,429, Tax-exempt bond liabilities ~~~~~~~~~~~~~~~~~~~~~~~~~ 149,647, ,920, Escrow or custodial account liability. Complete V of Schedule D ~~~~ Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons. Complete I of Schedule L ~~~~~~~~~~~~~~~~~~~~~~~ Secured mortgages and notes payable to unrelated third parties ~~~~~~ Unsecured notes and loans payable to unrelated third parties ~~~~~~~~ Other liabilities (including federal income tax, payables to related third 24 parties, and other liabilities not included on lines 17-24). Complete Part of Schedule D ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 69,260, ,890, Total liabilities. Add lines 17 through ,650, ,042,386. Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and Unrestricted net assets ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 159,044, ,096, Temporarily restricted net assets Permanently restricted net assets ~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~ 108,257, ,895, ,525, ,084,286. Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through Capital stock or trust principal, or current funds ~~~~~~~~~~~~~~~ Paid-in or capital surplus, or land, building, or equipment fund ~~~~~~~~ Retained earnings, endowment, accumulated income, or other funds ~~~~ Total net assets or fund balances ~~~~~~~~~~~~~~~~~~~~~~ 356,197, ,706, Total liabilities and net assets/fund balances 610,847, ,749,029. Form 990 (2015)

14 Form 990 (2015) AVIER UNIVERSITY Page 12 Reconciliation of Net Assets Check if Schedule O contains a response or note to any line in this a b c b Total revenue (must equal Part VIII, column (A), line 12) Total expenses (must equal, column (A), line 25) ~~~~~~~~~~~~~~~~~~~~~~~~~~ Revenue less expenses. Subtract line 2 from line 1 ~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Net assets or fund balances at beginning of year (must equal Part, line 33, column (A)) ~~~~~~~~~~ Net unrealized gains (losses) on investments Donated services and use of facilities Investment expenses Prior period adjustments ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Other changes in net assets or fund balances (explain in Schedule O) ~~~~~~~~~~~~~~~~~~~ 10 Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part, line 33, column (B)) ,706,643. I Financial Statements and Reporting Check if Schedule O contains a response or note to any line in this I Yes No 1 Accounting method used to prepare the Form 990: Cash Accrual Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule O. Were the organization s financial statements compiled or reviewed by an independent accountant? ~~~~~~~~~~~~ If "Yes," check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both: Separate basis Consolidated basis Both consolidated and separate basis Were the organization s financial statements audited by an independent accountant? ~~~~~~~~~~~~~~~~~~~ If "Yes," check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both: Separate basis Consolidated basis Both consolidated and separate basis If "Yes" to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?~~~~~~~~~~~~~~~ If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. 3a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits ,585, ,361, ,223, ,197, ,412, ,301,546. 2a 2b 2c 3a 3b Form 990 (2015)