2017-04-19T11:33:14-00:00 2016-06-30 990 2015-07-01 620476301 Rhodes College RHOD 9018433760 2000 North Parkway Memphis TN 381121690 Kyle Webb VP for Finance Business Affairs 9018433760 2017-04-19 false Rhodes College 2017-04-19 2015 2021-01-29 14:40:06Z William E Troutt 2000 North Parkway Memphis TN 381121690 109551772 false X www.rhodes.edu X 1905 TN Rhodes is a national, four-year, private, coeducational, residential college committed to the LIberal Arts and Sciences. 27 27 1842 527 131540 20369188 13988685 102082677 106457869 3647466 4011777 14060068 -14906559 140159399 109551772 42792846 45828649 0 45176705 47536515 0 2724814 34948414 35438269 122917965 128803433 17241434 -19251661 590621216 570582408 107763599 107280959 482857617 463301449 X Rhodes College, a College of Liberal Arts, aspires to graduate students with a life-long passion for learning, compassion for others, and the ability to translate academic study and personal concern into effective leadership and action in their communities and the world. false false 33205003 87743823 Academic instruction serving 2029 students 45828649 1509534 Student Financial Aid consisting of 1 Financial Aid Program 2 Honorary Scholarship and Fellowship Program 17089278 823362 Student services expenses include activities that contribute to the students well-being and development beyond the academic program. Included in student services expenses are the Chaplains Office, Career Services, Campus Safety, Athletics, Admissions, Registrar, Student Government, etc. 21988922 16381150 118111852 true true false false false false false true false true true true false false true true true false true false true false true false false false false false true true true false false false false false false true false false false true false false false true false false false false false true 2353 0 true 1842 true true true true UK false false false false false false false false false false false X 27 27 false false false false false false false true true false false true true true true true true true true false TN X Kyle Webb VP for Finance and Busine 9018433760 2000 North Parkway Memphis TN 381121690 Barker John H Trustee 002.00 X 0 0 0 Brown Susan E Trustee 002.00 X 0 0 0 Bull Stratton H Trustee 002.00 X 0 0 0 Butler C W Trustee 002.00 X 0 0 0 Craddock Deborah L Trustee 002.00 X 0 0 0 Crain Rogers L Trustee 002.00 X 0 0 0 Crosby Meg T Trustee 002.00 X 0 0 0 Eckels Laila A Trustee 002.00 X 0 0 0 Farahani Maria C Trustee 002.00 X 0 0 0 Fowler Cary Trustee 002.00 X 0 0 0 Hatzenbuehler Daniel B Trustee 002.00 X 0 0 0 Henkel Frances C Trustee 002.00 X 0 0 0 Hill Wilton D Trustee 002.00 X 0 0 0 Howe Richard D Trustee 002.00 X 0 0 0 Lainoff Steven R Trustee 002.00 X 0 0 0 Michaelcheck William J Trustee 002.00 X 0 0 0 Mire Ryan D Trustee 002.00 X 0 0 0 Moore Johnny B Trustee 002.00 X 0 0 0 Palmer Vicki Trustee 002.00 X 0 0 0 Pearce Elizabeth R Trustee 002.00 X 0 0 0 Peters Gregory A Trustee 002.00 X 0 0 0 Rhea Randall R Trustee 002.00 X 0 0 0 Rhodes William C Trustee 002.00 X 0 0 0 Robertson Charles W Trustee 002.00 X 0 0 0 Sanders W Reid Trustee 002.00 X 0 0 0 Schultz Charlaine H Trustee 002.00 X 0 0 0 Waller Robert R Trustee 002.00 X 0 0 0 Boone James A VP for Fin Business Affairs 038.00 X 278713 0 51192 Casey Carol E Dean of Students 038.00 X 160820 0 26882 Johnson Robert M VP for Student Info Services 038.00 X 249414 0 35708 Mattson Michelle Assoc Dean of Acad Affairs 038.00 X 120906 0 13746 Moreland Milton C Dean of Faculty VP Acad Affairs 038.00 X 172175 0 85200 Richey Melody K Exec Asst to President 038.00 X 197669 0 46800 Thompson Carey J VP Enrollmt Comm/Dean of Admissions 038.00 X 218114 0 36941 Troutt William E President 038.00 X 472030 0 52272 Wade Jennifer G VP for Development 038.00 X 205745 0 54350 Wigginton Russell T VP for College Relations 038.00 X 194769 0 39287 Foshee Brian E Dir of Physical Plant CESO 038.00 X 161449 0 82838 Drompp Michael Professor 038.00 X 192077 0 29069 Nelson Michael C Professor 038.00 X 175345 0 37352 Planchon John M Professor 038.00 X 172217 0 36514 Jones Wanda L Assoc Compt/Dir of Acctng PR 038.00 X 116601 0 80185 3088044 708336 59 false true false Hanbury Evans Wright Vlattas Company 120 Atlantic St Norfolk VA 235101729 Contractor 1005823 Delta Door & Hardware Co LLC 1710 Shelby Oaks Dr N Ste 7 Memphis TN 381347403 Contractor 253136 Liberty Electric LLC 1353 Farmville Ave Memphis TN 381221002 Contractor 117710 3 309259 13679426 2676204 13988685 Tuition and Fees 87887012 87887012 Auxiliary Enterprises 713940 16381150 16249610 131540 Other Income 2189707 2189707 106457869 4011777 4011777 -14906559 109551772 106326329 131540 -10894782 0 44710259 44710259 1118390 1118390 0 2767477 1147541 1343231 276705 0 34770076 30220511 3150386 1399179 2663550 2393571 122107 147872 4972564 4338084 345525 288955 2362848 2074780 151270 136798 0 415492 48801 365004 1687 112506 34000 78506 0 78768 78768 178004 119970 57467 567 113132 23224 89908 2483976 2236116 91975 155885 908159 812551 83198 12410 0 2223760 2189634 34126 1246354 1119386 34591 92377 0 109576 109576 1869126 1813052 56074 0 7426413 7279583 146830 882717 842824 39893 Athletics and European Studies 2370343 2370343 Board 4801155 4801155 Commencement, Homecoming, Special Events 534799 451380 83419 Faculty, Student, and Administrative Support 5600080 5480302 119778 4083909 2376819 1697908 9182 128803433 118111852 7966767 2724814 31180698 37086737 20787124 17463109 1034120 826849 2781895 2524051 471438 489250 261158252 115510526 138719739 145647726 61064888 50997017 332524583 313481900 2056731 2065769 590621216 570582408 19392992 19917562 3569320 2909420 65775429 64669755 3715636 3662259 15310222 16121963 107763599 107280959 209358265 211617019 92860081 67247493 180639271 184436937 482857617 463301449 590621216 570582408 X -19251661 -304507 X false true X true true true X 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 529500 false 340088169 6026860 -11393953 15016224 1651470 318053382 335078527 1520636 17808254 13174935 1144313 340088169 294366992 5366783 49204561 12668207 1191602 335078527 271509075 3465690 32420326 12180968 847131 294366992 283371967 1519318 -270740 12066032 1045438 271509075 0.26000 0.58000 0.16000 true false 1409026 1409026 205550435 86374645 119175790 26707580 19468491 7239089 27491211 9667390 17823821 145647726 Financial derivatives and other financial products Closely-held equity interests Funds of Funds - Long Equity 59152694 F Fund of Funds - Fixed Income 1451434 F Hedged Equity 78172367 F Multistrategy 52644635 F Private Equity 40987734 F Distressed Debt 396124 F Private Real Asset Funds 18984734 F US Govt Agency Bonds 11216992 F Corporate Bonds 12682257 F Publicly Traded Securities Held Administered by Outsiders 36702789 F Other 1090140 F 313481900 Federal income taxes Accrued Postretirement Benefits 14238000 Amounts Held in Custody for Others 254835 Refundable Government Advances 1629128 16121963 X 109522265 -29507 -29507 109551772 109551772 82974784 82974784 45828649 45828649 128803433 X 2 The College follows the guidance contained in Accounting Standard Codification ASC Topic 740-10-25, Accounting for Uncertainty in Income Taxes. ASC Topic 740-10-25 prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken. Based upon its evaluation, the College concluded that there are no significant uncertain tax positions requiring recognition in its consolidated financial statements. XI 2d Change in value of charitable remainder trust agreements 29,507 XII 4b Student Financial Aid V 4 The College uses the endowment primarily to provide scholarships for students and to provide financial support for academic programming and faculty. The endowment also provides additions to the library collection and supports student programming. true true true true true true true false false false false false false false false true false true 6a Federal Financial Aid Funds true Central America and the Caribbean Program Services Faculty Conferences Research 5000 East Asia and the Pacific Program Services Faculty Conferences Research 7003 Europe Including Iceland and Greenland Program Services Faculty Conferences Research 66662 North America Program Services Faculty Conferences Research 11669 Middle East and North Africa Program Services Faculty Conferences Research 2738 Russia and the Neighboring States Program Services Faculty Conferences Research 4058 South America Program Services Faculty Conferences Research 11760 South Asia Program Services Faculty Conferences Research 1820 Sub-Saharan Africa Program Services Faculty Conferences Research 1848 East Asia and the Pacific Program Services International Recruiting 21344 Europe Including Iceland and Greenland Program Services International Recruiting 11044 North America Program Services International Recruiting 1458 East Asia and the Pacific Program Services Student Intl Internships, Fellowships, Research 16682 Europe Including Iceland and Greenland Program Services Student Intl Internships, Fellowships, Research 42978 Middle East and North Africa Program Services Student Intl Internships, Fellowships, Research 1250 Russia and the Neighboring States Program Services Student Intl Internships, Fellowships, Research 2375 South America Program Services Student Intl Internships, Fellowships, Research 7953 Sub-Saharan Africa Program Services Student Intl Internships, Fellowships, Research 20966 Central America and the Caribbean Program Services Study Abroad Programs 28602 Europe Including Iceland and Greenland Program Services Study Abroad Programs 1606762 Russia and the Neighboring States Program Services Study Abroad Programs 28333 Central America and the Caribbean Program Services Study Abroad Programs 73277 South Asia Program Services Study Abroad Programs 859 217642 1758799 1976441 Scholarships Awarded East Asia and the Pacific 26 591820 Tuition discount Scholarships Awarded Europe Including Iceland and Greenland 4 156000 Tuition discount Scholarships Awarded Middle East and North Africa 1 46000 Tuition discount Scholarships Awarded North America 3 115200 Tuition discount Scholarships Awarded South Asia 5 151000 Tuition discount Scholarships Awarded Sub-Saharan Africa 1 58370 Tuition discount false false false false false false Part I Activities include European Studies program and 5 week study abroad programs in Belgium, Cuba, Ecuador, Germany, Russia, and the United Kingdom. true Scholarships Awarded 1809 44710259 Academic and need-based scholarships Part III Line 1 The College has a professionally staffed financial aid office charged with the responsibility of ensuring that all recipients meet all eligibility criteria ensuring that the College is in compliance with all government regulations pertaining to financial aid. X true true X X X false true false false false false false false false Boone James A VP for Fin Business Affairs 269592 9121 31973 19218 329904 Casey Carol E Dean of Students 160628 192 18591 8291 187702 Johnson Robert M VP for Student Info Services 241704 7710 28320 7388 285122 Moreland Milton C Dean of Faculty VP Acad Affairs 172123 51 20603 64598 257375 Richey Melody K Exec Asst to President 189654 8015 22837 23963 244469 Thompson Carey J VP Enrollmt Comm/Dean of Admissions 193042 25071 22674 14267 255054 Troutt William E President 452904 19126 32072 20200 524302 Wade Jennifer G VP for Development 199407 6337 24661 29689 260094 Wigginton Russell T VP for College Relations 194514 255 22961 16326 234056 Foshee Brian E Dir of Physical Plant CESO 161146 304 18994 63844 244288 Drompp Michael Professor 190982 1095 22185 6884 221146 Nelson Michael C Professor 173471 1874 20620 16732 212697 Planchon John M Professor 170545 1672 19190 17324 208731 Jones Wanda L Assoc Compt/Dir of Acctng PR 116237 364 14068 66117 196786 Part I Line 1a Social club dues are provided for two officers. Part I Line 4b One officer participates in a deferrred compensation plan. A Educational and Housing Facility Bonds 2011 521283414 821697E70 2011-04-13 31991283 Construction of Dormitory and Refectory false false false B The Health Educational and Housing Facility Bonds 2015 521283414 821697N62 2015-04-08 23796700 Construction of Science Building and Renovations false false false A 31991283 1601279 359758 30078954 2014 false false true true B 23796700 286758 8714974 14805421 false false true true A false false false false true false true B false false false false true false true A false false false true false false false false true B false true false false false false false false true Part IV Line 2c The rebate calculation was performed April 27, 2016. Child of substantial contributor substantial contributor 23500 Scholarship Child of substantial contributor substantial contributor 12850 Scholarship Child of substantial contributor substantial contributor 18000 Scholarship Child of substantial contributor substantial contributor 11900 Scholarship Child of substantial contributor substantial contributor 15000 Scholarship Child of substantial contributor substantial contributor 13000 Scholarship Child of substantial contributor substantial contributor 21000 Scholarship Child of substantial contributor substantial contributor 9000 Scholarship Child of substantial contributor substantial contributor 7500 Scholarship Child of substanital contributor substantial contributor 17100 Scholarship Child of substanital contributor substantial contributor 19900 Scholarship X 104 Fair value at date received X 540 Fair value at date received X 2665816 Fair value at date received X Team Sports Support 1 5735 Fair value at date received X Donated Event 1 4008 Fair value at date received X Seismometer 1 1 Fair value at date received false true true Part I Line 32b The College uses a broker to sell gifts of securities received. Form 990, Part III, Line 4d Other Program Services include food services and residence halls, information technology, library services, and faculty research and development. Form 990, Part XI, Line 9 Other changes in net assets include 275,000 actuarial loss on postretirement benefit obligations and 29,507 decrease in value of charitable remainder trust agreements. Form 990, Part VI, Section B, Line 11B The Audit Committee of the Board of Trustees has responsibility for approving the Form 990 prior to filing. Subsequent to approval of the Audit Committee, the Form 990 will be provided to the full Board before filing. Form 990, Part IV, Section B, Line 12c All Trustees, Officers, and key employees are required to annually sign Conflict of Interest statements that disclose potential conflicts or the absence thereof. The Vice President for Finance and Comptroller are charged with reviewing these statements as well as transactions and relationships involving Trustees, Officers, and key employees to ensure compliance with the Colleges conflict of interest policy. Form 990, Part VI, Section B, Line 15 The Human Resources Office has the responsibility for monitoring internal equity and external competitiveness for all employees utilizing various higher education market data, benchmarks, and surveys. The President has final authority over salary adjustments or administrative salary changes. The Executive Committee of the Board of Trustees is responsible for establishing and approving compensation for the President. The Executive Committee assesses the performance of the President and performs executive compensation analysis of peer institutions in determining the compensation level of the President. Form 990, Part VI, Section C, Line 19 The Colleges governing documents and conflict of interest policy are available to the public on the Colleges website. Financial Statements are available only upon request.