Form 990, Part III, Line 1 ORGANIZATION'S MISSION |
(CONTINUED FROM PART III) THE UNIVERSITY'S PRIMARY PURPOSES ARE EDUCATION; THE PRESERVATION, DISCOVERY, DISSEMINATION AND CREATIVE APPLICATION OF KNOWLEDGE; AND THE PREPARATION OF ITS GRADUATES WITH THE ACADEMIC FOUNDATION FOR LIFELONG LEARNING. SERVICE, SCHOLARLY ACTIVITY INCLUDING RESEARCH, AND ONGOING PROFESSIONAL DEVELOPMENT ALLOW THE FACULTY, IN CONJUNCTION WITH THE ENTIRE UNIVERSITY COMMUNITY, TO FULFILL ITS PURPOSES: FACILITATING LEARNING AND FOSTERING THE INTELLECTUAL LIFE OF THE UNIVERSITY. LYNN STRESSES INDIVIDUALIZED LEARNING, INNOVATIVE APPROACHES AND A GLOBAL FOCUS AMONG ITS STUDENTS AND FACULTY. THE UNIVERSITY OFFERS BACCALAUREATE, MASTER'S, AND ONE DOCTORAL DEGREE, AS WELL AS CERTIFICATES. BREADTH, DEPTH, AND APPLICATION OF LEARNING ARE THE BASES FOR COMPETENCIES IN ALL PROGRAMS. GRADUATE CURRICULA PROMOTE ADVANCED OR EXPERT KNOWLEDGE AND SCHOLARSHIP. PROGRAMS ARE DELIVERED THROUGH A VARIETY OF VENUES, INCLUDING A TRADITIONAL RESIDENTIAL CAMPUS SETTING AND ONLINE. |
Form 990, Part III, Line 4a PROGRAM ACCOMPLISHMENTS |
(CONTINUED FROM PART III) THE UNIVERSITY IS COMMITTED TO STUDENT-CENTERED LEARNING, WHERE FACULTY AND STAFF PROVIDE PERSONALIZED ATTENTION TO STUDENTS WHO HAVE VARYING LEVELS OF ACADEMIC PROFICIENCY AND ARE MOTIVATED TO EXCEL. A FULL RANGE OF ACADEMIC AND SUPPORT PROGRAMS ARE COORDINATED TO SERVE THE INCREASINGLY DIVERSE NEEDS OF UNDERGRADUATE AND GRADUATE STUDENTS. ADDITIONAL AND SPECIALIZED ACADEMIC SUPPORT SERVICES ARE OFFERED TO PROVIDE ACADEMIC ASSISTANCE TO HELP STUDENTS REMAIN IN COLLEGE AND GRADUATE. THESE SERVICES ARE OFFERED TO STUDENTS IN A VARIETY OF FORMS WITH A VARYING FEE SCHEDULE. AN ACADEMIC RESOURCE NAMED THE INSTITUTE FOR ACHIEVEMENT AND LEARNING IS AVAILABLE TO ALL STUDENTS, INCLUDING THOSE WITH DIAGNOSED LEARNING DIFFERENCES. MATH, COMPUTER AND OTHER SUBJECT-AREA TUTORS ASSIST STUDENTS. THE UNIVERSITY, SMALL BY DESIGN, PROVIDES AN ENVIRONMENT WITHIN AND OUTSIDE THE CLASSROOM IN WHICH A COMMUNITY OF LEARNERS CAN PURSUE ACADEMIC EXCELLENCE AND DEVELOP THEIR SKILLS AS RESPONSIBLE GLOBAL CITIZENS. FACULTY, STAFF AND STUDENTS CONTRIBUTE TO AN ATMOSPHERE THAT NURTURES CREATIVITY, FOSTERS ACHIEVEMENT, VALUES DIVERSITY AND ENCOURAGES VOLUNTARISM. EACH JAN. 12, ALL FACULTY, STAFF AND STUDENTS PERFORM COMMUNITY SERVICE DURING "KNIGHTS UNITE DAY OF CARING," A PROGRAM WHICH HONORS THE FOUR STUDENTS AND TWO PROFESSORS WHO DIED IN THE HAITI EARTHQUAKE IN 2010 WHILE PERFORMING COMMUNITY SERVICE. LYNN'S ACADEMIC CURRICULA AND PROGRAMS ARE STRUCTURED TO PROVIDE A BALANCE BETWEEN THE THEORETICAL AND THE PRACTICAL, ALONG WITH OPPORTUNITIES TO BECOME INVOLVED IN COMMUNITY-BASED ORGANIZATIONS AND INDUSTRIES. EDUCATION AND SERVICE ARE FULLY INTEGRATED TO MEET THE CHANGING NEEDS OF THE LOCAL AND GLOBAL COMMUNITY. THIS INTEGRATIVE DESIGN PREPARES OUR GRADUATES TO MEET THE DYNAMIC NEEDS OF THE EMERGING GLOBAL SOCIETY. A RIGOROUS CORE CURRICULUM-THE DIALOGUES-WAS LAUNCHED IN FALL 2008. CORE COURSES ARE REQUIRED THROUGH ALL FOUR YEARS IN THE BACHELOR'S DEGREE PROGRAM. IN EACH CORE CLASS, FACULTY MEMBERS MEASURE STUDENT OUTCOMES IN COMPETENCY AREAS INCLUDING WRITING, QUANTITATIVE REASONING, AND SCIENTIFIC AND TECHNOLOGICAL LITERACY. PRESENTED IN SEMINAR RATHER THAN LECTURE FORMAT, THE CORE COURSES ARE ORGANIZED AROUND LIFE'S BIG QUESTIONS: DIALOGUES OF SELF AND SOCIETY, DIALOGUES OF BELIEF AND REASON, DIALOGUES OF JUSTICE AND CIVIC LIFE. EACH JANUARY, ALL STUDENTS ARE REQUIRED TO ATTEND A J-TERM COURSE. THOSE ARE FOCUSED ON INNOVATION AND OFFER INTENSE THREE-WEEK EXPERIENCES THAT INCLUDE TRAVEL, CIVIC ACTIVISM, CAREER PREP, LANGUAGE AND CULTURE, AND OTHER CREATIVE APPROACHES TO LEARNING. ALL FRESHMEN ARE REQUIRED TO PARTICIPATE IN THE CITIZENSHIP PROJECT DURING THE J-TERM. IN FALL 2013, LYNN LAUNCHED ONE OF THE MOST EXTENSIVE TABLET-BASED LEARNING EFFORTS IN THE COUNTRY. THE AWARD-WINNING INITIATIVE USED APPLE TECHNOLOGY TO DELIVER THE DIALOGUES OF LEARNING CORE CURRICULUM TO ALL INCOMING FRESHMEN WHILE ALSO SAVING THEM UP TO 50 PERCENT ON THE TYPICAL COST OF THEIR CORE CURRICULUM TEXTBOOKS. EARLY RESULTS AND FEEDBACK FROM THE IPAD INITIATIVE HAVE BEEN SO POSITIVE THAT THE PROGRAM WILL ENTER PHASE II AND ACCELERATE THE INITIATIVE. IN FALL 2014, LYNN DISTRIBUTED IPADS TO ALL DAYTIME UPPER CLASSMEN AND MBA STUDENTS. THE IPAD PROGRAM WENT "PRO" IN SPRING 2016. LYNN BECAME THE FIRST SCHOOL IN THE NATION TO INTEGRATE THE IPAD PRO AND CORRESPONDING APPLE PENCIL AND SMART KEYBOARD INTO ITS CLASSROOMS, DISTRIBUTING NEARLY 1,800 OF EACH ACROSS CAMPUS. |
Form 990, Part III, Line 4b PROGRAM ACCOMPLISHMENTS |
(CONTINUED FROM PART III) SOCIAL ACTIVITIES INCLUDE GAME SHOWS, DANCES, COMEDIANS, LIVE MUSIC, INTERNATIONAL FESTIVALS, FILMS, POOL PARTIES, SPORTS DAYS, INTRAMURAL SPORTS, AWARD DINNERS AND NOVELTY ENTERTAINMENT. INDIVIDUAL INTERESTS RANGING FROM THE FINE ARTS TO PROFESSIONAL FOOTBALL, BASEBALL, BASKETBALL AND HOCKEY TO GOURMET DINING CAN BE FOUND IN SOUTH FLORIDA. LYNN UNIVERSITY HOLDS MEMBERSHIP IN THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION (NCAA), DIVISION II, AND THE SUNSHINE STATE ATHLETIC CONFERENCE. INTERCOLLEGIATE ATHLETIC PROGRAMS ARE OPEN TO ALL STUDENTS IN ACCORDANCE WITH NCAA AND INSTITUTIONAL ELIGIBILITY STANDARDS. INTERCOLLEGIATE TEAMS INCLUDE MEN'S AND WOMEN'S SOCCER, MEN'S AND WOMEN'S BASKETBALL, MEN'S AND WOMEN'S GOLF, MEN'S AND WOMEN'S TENNIS, BASEBALL, SOFTBALL, MEN'S AND WOMEN'S CROSS COUNTRY, MEN'S AND WOMEN'S TRACK, MEN'S AND WOMEN'S LACROSSE, WOMEN'S SWIMMING AND VOLLEYBALL. ALL STUDENT-ATHLETES ARE REQUIRED TO ATTEND SEMINARS ON SUBSTANCE ABUSE AND NCAA STANDARDS THROUGHOUT THE SCHOOL YEAR. IN 2018-19, 74 PERCENT OF THE STUDENT-ATHLETES EARNED A 3.00 GPA OR HIGHER AND 11 PERCENT EARNED A PERFECT 4.00 GPA. IN ADDITION TO INTERCOLLEGIATE SPORTS, STUDENTS ARE ENCOURAGED TO PARTICIPATE IN A WIDE RANGE OF INTRAMURAL PROGRAMS, INCLUDING FLAG FOOTBALL, SOFTBALL, SOCCER AND VOLLEYBALL. AT LEAST ONE REGISTERED NURSE OR PHYSICIAN'S ASSISTANT IS ON DUTY DURING DAYTIME HOURS IN THE HEALTH CENTER, AND WORKS IN CONJUNCTION WITH COMMUNITY MEDICAL SERVICES TO PROVIDE AMPLE HEALTH CARE. THE HEALTH CENTER PROVIDES TREATMENT FOR MINOR AILMENTS. WHEN FURTHER CARE IS NEEDED, REFERRALS ARE MADE TO LOCAL PHYSICIANS AND HEALTH CARE AGENCIES. ANOTHER HEALTH CENTER STAFF MEMBER ORGANIZES WELLNESS ACTIVITIES INCLUDING YOGA AND EXERCISE CLASSES AS WELL AS STUDENTS' STRENGTH TRAINING IN LYNN'S FITNESS CENTER. COUNSELING IS PROVIDED ON A PRIVATE OR GROUP BASIS, AND RECORDS ARE MAINTAINED IN STRICT CONFIDENCE BY THE DIRECTOR OF COUNSELING. STUDENTS ALSO ARE URGED TO CONSULT THEIR INDIVIDUAL INSTRUCTORS, RESIDENT ASSISTANTS, AND APPROPRIATE MEMBERS OF THE UNIVERSITY COMMUNITY, ALL OF WHOM ARE PROFESSIONALLY FOCUSED ON ASSISTING STUDENTS. IN ADDITION, ALCOHOL AND SUBSTANCE ABUSE LITERATURE AND REFERRAL SERVICES ARE CONTINUALLY AVAILABLE THROUGH THE COUNSELING CENTER. THE WOMEN'S CENTER PROVIDES PROGRAMMING AND COUNSELING SERVICES AS WELL. THE CENTER FOR CAREER AND ALUMNI CONNECTIONS PROVIDES A VARIETY OF SERVICES TO ASSIST STUDENTS IN EVALUATING, CHOOSING AND PLANNING A CAREER. PROFESSIONAL STAFF AND CAREER COUNSELORS ARE AVAILABLE TO HELP STUDENTS SET THEIR CAREER GOALS, INVESTIGATE EMPLOYMENT OPPORTUNITIES AND INTERVIEW WITH COMPANIES FOR WHICH THEY WOULD LIKE TO WORK OR INTERN. THE SNYDER SANCTUARY PROVIDES THE LYNN COMMUNITY WITH A MULTI-FAITH PLACE FOR CONTEMPLATIVE THOUGHT AND SPIRITUAL EXPLORATION. |
Form 990, Part III, Line 4d Description of other program services |
(Expenses $ 1,699,715 including grants of $ 0)(Revenue $ 2,716,234) CLASSICAL MUSIC IS PROVIDED TO THE UNIVERSITY COMMUNITY AS WELL AS THE GENERAL PUBLIC BY STUDENTS AND FACULTY IN THE LYNN UNIVERSITY CONSERVATORY OF MUSIC. ADDITIONALLY, PROFESSIONAL ACTORS AND MUSICIANS PERFORM ON CAMPUS IN THE PERFORMING ARTS CENTER. MANY OPPORTUNITIES ARE PROVIDED IN THE REALM OF "IDEAS," THROUGH LECTURES AND COMMUNITY DISCOURSE. DURING THE SUMMER MONTHS BETWEEN ACADEMIC YEARS FOR TRADITIONAL COLLEGE STUDENTS, A PORTION OF THE UNIVERSITY'S EDUCATIONAL FACILITIES ARE USED TO PROVIDE INSTRUCTION TO A COMBINED ENROLLMENT OF APPROXIMATELY 1,500 CHILDREN ATTENDING THREE THREE-WEEK SUMMER CAMP SESSIONS AND TO GROUPS OF ADULTS ENROLLED IN SPECIAL EDUCATIONAL PROGRAMS. |
Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL |
The Executive Committee of the Board of Trustees reviews the President's compensation and determines his raise. The Executive Committee then communicates the percentage of the President's raise to the Vice President for Business and Finance, who speaks with outside compensation counsel to confirm that the President's raise is comparable and reasonable based on market conditions. This process is documented in the Executive Committee meeting minutes. While this process typically takes place annually, no such review occurred during the tax year ended June 30, 2019; however, the process was undertaken during the tax year ended June 30, 2018 and again in the fall of 2019. |
Form 990, Part VI, Line 1a Delegate broad authority to a committee |
The executive committee shall have a minimum of three members, all of whom shall be members of the board. Between meetings of the board, the executive committee shall have general supervision of the administration and property of the corporation except that, unless specifically empowered by the board to do so, it may not take any action inconsistent with a prior act of the board of trustees, award degrees, alter these by-laws, locate permanent buildings on tax-exempt property held for the corporation's purposes, remove or appoint the president of the corporation, or take any action which has been reserved for the board. |
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons |
CHRISTINE LYNN AND JAN CARLSSON - Family relationship |
Form 990, Part VI, Line 11b Review of form 990 by governing body |
A draft of Form 990 was reviewed by Crowe based on audited financial statements and other information provided by University management. Following a review by the CFO and Director of Accounting, minor revisions were incorporated into a revised draft, which was posted to the Board portal prior to filing. |
Form 990, Part VI, Line 12c Conflict of interest policy |
Each year, all officers, directors, trustees and key employees are required to sign a disclosure letter detailing any relationships or business transactions where a potential conflict might exist. These disclosures are reviewed by the CFO. In the event of a conflict of Interest, or the appearance of any such conflict, it is incumbent upon the relevant Board member(s) or director(s) to notify the Board of the conflict and recuse themselves from participation in the discussion and vote regarding any related issues or transactions. |
Form 990, Part VI, Line 15b Process to establish compensation of other employees |
The President conducts annual performance reviews of all officers, based on pre-determined goals. He then makes recommendations regarding compensation to the Chair of the Board for approval. The University retained an outside expert to perform a compensation study of all employees, including officers of the organization. This comprehensive study was performed years ago; however, the University receives ongoing guidance regarding annual increases to ensure that these annual increases are comparable and reasonable based on market conditions. As new positions are created, or as market conditions warrant, this expert is consulted on a case-by-case basis. The University provides benefits according to written standard policies. If any benefit is provided outside of these policies, Board approval is required. This process was undertaken during the year ended June 30, 2019, and is documented in each employee's file. |
Form 990, Part VI, Line 19 Required documents available to the public |
Financial statements and governing documents are not required disclosures pursuant to internal revenue code (IRC) section 6104. Therefore, these documents are not available to the public at this time. The Conflict of Interest policy is provided upon request. |
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue |
Other Income - Total Revenue: 457615, Related or Exempt Function Revenue: 457615, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
Form 990, Part XI, Line 9 Other changes in net assets or fund balances |
Gain (Loss) on financial derivatives - -2293090; Change in value of split interest agreement - -16021; |