2024-11-14T09:06:08-07:00 2024-06-30 990 2023-07-01 562195966 MANNA UNIVERSITY MANN 9102212224 5117 Cliffdale Rd Fayetteville NC 28314 Sean Pottorff CFO 9102212224 2024-11-13 1 2023 2024-10-15 13:58:12Z Sean Pottorff 5117 Cliffdale Rd Fayetteville NC 28314 1390238 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. 8 8 92 16 0 0 316947 374968 865934 964956 0 0 -20779 35403 1162102 1375327 0 0 0 0 1089229 1010179 0 0 89123 564518 526948 1653747 1537127 -491645 -161800 686950 566985 173682 210435 513268 356550 Manna University is a biblical higher education institution dedicated to educating, equipping, and empowering emerging leaders to change the world. 0 0 1150972 0 1380409 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 1150972 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 92 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 0 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 35277 0 25320 Clem Ferris Board Member 1 0 X 0 0 0 Tyrant Davenport Chairman 1 0 X X 0 0 0 Dan Boyce Board Member 1 0 X 0 0 0 Jimmy Currence Board Member 1 0 X 0 0 0 Christopher Fletcher Board Member 1 0 X 0 0 0 Kate Murphy Secretary 1 0 X X 0 0 0 Aaron Allison Treasurer 1 0 X X 0 0 0 35277 0 25320 0 0 0 0 0 0 0 0 0 0 374968 92274 374968 Tuition and Fees 611310 1218674 1218674 0 0 Tuition Assistance 611310 -253718 -253718 0 0 0 0 0 0 964956 0 0 0 0 30015 0 14911 15104 0 15104 Other Revenue 900099 20299 20299 0 0 0 0 0 0 20299 1375327 985255 0 15104 0 0 0 0 0 60597 48477 6060 6060 0 844972 716068 64452 64452 50533 50533 0 54077 48669 5408 62404 49923 12481 14855 14855 48199 25102 16271 6826 45924 36731 9193 86851 71005 15846 56033 56033 7297 7297 8969 8073 896 8959 7167 1792 Bad Debt Expense 20612 0 20612 0 Dues and Subscriptions 31014 24811 6203 Program Fees 36098 36098 0 0 Accreditation 28569 28569 0 0 71164 42982 16397 11785 1537127 1150972 297032 89123 378407 226713 79252 45388 38062 193337 137153 65153 56184 164138 200638 686950 566985 59346 92919 114336 89687 27829 173682 210435 X 458872 289749 54396 66801 513268 356550 686950 566985 -161800 5082 0 0 0 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 116275 0 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 29459 0 2281 0 0 278 31462 0 0.7 0.3 0 0 0 0 0 0 110175 57655 52520 0 0 0 0 0 33130 29466 3664 0 50032 50032 0 56184 Art Collection 116275 Endowment Fund 40397 Financing Lease right-of-use asset 28062 Reimbursable North Carolina Sales Tax 2852 Merchandise Inventory 4449 Gain on life insurance value 8183 Expenses to be reimbursed 420 200638 Financing Lease liabilities 27829 27829 1380409 5082 0 0 0 5082 1375327 0 0 0 1375327 1537127 0 0 0 0 0 1537127 0 0 0 1537127 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, 2023. 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 one donor-restricted endowment fund. 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. 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 Schedule E, Part I, Line 6 - Organization receives Title IV and VA funds for tuition assistance to students. Dream Run 9353 0 9353 0 0 0 0 0 9338 Golf Tournament 20662 0 20662 0 0 0 0 0 5573 0 30015 0 30015 0 0 0 0 0 14911 14911 15104 X Rent for the year 1 77900 fair market value X Utilities and common area maintenance 1 11031 Fair market value X Carpet Repair Donation 1 2999 Vendor invoice X Donated hockey event 1 344 resale value 0 0 0 0 Form 990, Part VI, Section B, Line 11b The Board was provided a copy of the IRS Form 990 after it was filed. Form 990, Part VI, Section B, Line 12c 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 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 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. This statement also resides on the organization's website. Form 990, Part VI, Section C, Line 19 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.