2016-05-05T14:36:41-05:00 2015-06-30 BKD LLP 14241 DALLAS PKWY STE 1100 DALLAS TX 75254 990 2014-07-01 720408915 Centenary College of Louisiana % ROBERT BLUE CENT 3188695101 2911 Centenary Boulevard Shreveport LA 71104 ROBERT BLUE VP OF FINANCE & ADMINISTRATION 3188695101 2016-05-16 true Jeanette Verrelli P00742631 9727028262 2014 2016-08-17 19:52:53Z B DAVID ROWE 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 97762420 false X WWW.CENTENARY.EDU X 1825 LA PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 600 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 32 25 636 453 75085 59222 9362653 12246914 17479836 18461111 4448694 5728399 1535134 1247849 32826317 37684273 9508381 9456512 0 0 12325178 12366863 0 0 2061581 12342009 10139486 34175568 31962861 -1349251 5721412 176406833 177348775 20875146 21191596 155531687 156157179 X CENTENARY IS A SELECTIVE LIBERAL ARTS COLLEGE OFFERING UNDERGRADUATE PROGRAMS AND LIMITED NUMBER OF GRADUATE PROGRAMS IN THE ARTS, HUMANITIES, NATURAL SCIENCES, AND SOCIAL SCIENCES, WHICH STRENGTHEN THE FOUNDATION FOR STUDENTS' PERSONAL LIVES AND CAREER GOALS. STUDENTS AND FACULTY WORK TOGETHER TO BUILD A COMMUNITY FOCUSED ON ETHICAL AND INTELLECTUAL DEVELOPMENT, RESPECT AND CONCERN FOR HUMAN AND SPIRITUAL VALUES, AND THE JOY OF CREATIVITY AND DISCOVERY. CONSISTENT WITH ITS AFFILIATION WITH THE UNITED METHODIST CHURCH, THE COLLEGE ENCOURAGES A LIFELONG DEDICATION NOT ONLY TO LEARNING BUT ALSO TO SERVING OTHERS. IT STRIVES TO OVERCOME IGNORANCE AND INTOLERANCE; TO EXAMINE IDEAS CRITICALLY; TO PROVIDE AN UNDERSTANDING OF THE FORCES THAT HAVE INFLUENCED THE PAST, DRIVE THE PRESENT, AND SHAPE THE FUTURE; AND TO CULTIVATE INTEGRITY, INTELLECTUAL AND MORAL COURAGE, RESPONSIBILITY, FAIRNESS, AND COMPASSION. IN PURSUIT OF THESE IDEALS, THE COLLEGE CHALLENGES ITS STUDENTS THROUGHOUT THEIR EDUCA false false 22341397 9456512 19174384 PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 600 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 22341397 true true false false false false false true false true true false false true true false false true true false false false false false true false false false true true true false false false false false true false false false true true false false false false true false false false true 108 0 true 636 true true true false false false false true true false false false false false X 32 25 false false false false false false false true true false false true true true true true true true false true true X ROBERT BLUE 3188695012 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 X B DAVID ROWE PRESIDENT 40.0 0.0 X X 243472 0 25322 GEORGE D NELSON JR CHAIRMAN 1.0 0.0 X X 0 0 0 AUSTIN G ROBERTSON JR VICE CHAIRMAN 1.0 0.0 X X 0 0 0 ARCHER FRIERSON TREASURER 1.0 0.0 X X 0 0 0 JOHN F GEORGE JR SECRETARY 1.0 0.0 X X 0 0 0 EDWARD J CRAWFORD III IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 WILLIAM G ANDERSON CHAIRMAN EMERITUS 1.0 0.0 X X 0 0 0 JOHN ATKINS TRUSTEE 1.0 0.0 X 0 0 0 DAVID BARLOW TRUSTEE 1.0 0.0 X 0 0 0 DARYL FULTZ TRUSTEE 1.0 0.0 X 0 0 0 BILL BROYLES TRUSTEE 1.0 0.0 X 0 0 0 PAUL MICHAEL MANN TRUSTEE 1.0 0.0 X 0 0 0 CAROL BORNE SPENCER TRUSTEE 1.0 0.0 X 0 0 0 CARL E STEWART TRUSTEE 1.0 0.0 X 0 0 0 W JUAN WATKINS TRUSTEE 1.0 0.0 X 0 0 0 JON Q PETERSON TRUSTEE 1.0 0.0 X 0 0 0 J STAFFORD COMEGYS TRUSTEE 1.0 0.0 X 0 0 0 PERCY V HUBBARD TRUSTEE 1.0 0.0 X 0 0 0 DARYL W MITCHELL TRUSTEE 1.0 0.0 X 0 0 0 ANDREW M SHEHEE TRUSTEE 1.0 0.0 X 0 0 0 C ELLIS BROWN JR TRUSTEE 1.0 0.0 X 0 0 0 JANE HUTCHINSON JAMES TRUSTEE 1.0 0.0 X 0 0 0 THOMAS E MCELROY TRUSTEE 1.0 0.0 X 0 0 0 HARRY MCINNIS TRUSTEE 1.0 0.0 X 0 0 0 CHARLES B SIMMONS TRUSTEE 1.0 0.0 X 0 0 0 CAMILLE BRYAN TRUSTEE 1.0 0.0 X 0 0 0 FRED LOY TRUSTEE 1.0 0.0 X 0 0 0 WES ATTAWAY TRUSTEE 1.0 0.0 X 0 0 0 BETH BONNER DEVILLE TRUSTEE 1.0 0.0 X 0 0 0 MARK D ELDREDGE TRUSTEE 1.0 0.0 X 0 0 0 LENNIS S ELSTON TRUSTEE 1.0 0.0 X 0 0 0 CYNTHIA HARVEY EX-OFFICIO TRUSTEE 1.0 0.0 X 0 0 0 JENIFER WARD PROVOST START: 6/6/14 40.0 0.0 X X 95090 0 7124 ROBERT S BLUE VP FIN & ADMIN start: 8/11/14 40.0 0.0 X X 63040 0 3365 FRED LANDRY JR VP FOR ADVANCEMENT 40.0 0.0 X 122972 0 10750 CHRISTOPHER MARTIN DEAN OF THE SCHOOL OF BUSINESS 40.0 0.0 X 140103 0 6407 BARBARA DAVIS SAMPLE PROF OF BUSINESS & ACCT 40.0 0.0 X 116389 0 4856 BRUCE W ALLEN PROFESSOR OF ART 40.0 0.0 X 111076 0 12508 892142 0 70332 8 false true false SODEXO INC AND AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES 1405146 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LA GRANGE GA 30241 FACILITY SERVICES 1085647 RICHARDSCARLBREG INC 8750 N CENTRAL EXPRESSWAY SUITE 20 DALLAS TX 752316437 ADVERTISING SERVICES 474497 POSTLETHWAITE NETTLEVILLE APAC 8550 UNITED PLAZA BLVD SUITE 1001 BATON ROUGE LA 70809 CONSULTING SERVICES 276210 STORER EQUIPMENT COMPANY INC PO BOX 6761 SHREVEPORT LA 71136 FACILITY SERVICES 262300 12 X 4215 362158 11880541 799149 12246914 TUITION & FEES 611710 18461111 18461111 18461111 3221939 31155 3190784 0 325529 325529 150054 11072 138982 0 138982 138982 58712603 314015 56126587 393571 2586016 -79556 2506460 2506460 28725 4215 7558 21167 21167 0 4252632 3539359 713273 713273 MISCELLANEOUS INCOME 900099 4968 4968 OIL & GAS INCOME 900099 43930 43930 48898 37684273 19174384 75085 6187890 0 9456512 9456512 0 0 900360 515456 302431 82473 58354 33408 19601 5345 9387995 5374627 3153428 859940 414528 237317 139240 37971 898353 514307 301757 82289 707273 404914 237573 64786 0 13201 7558 4434 1209 116760 66845 39220 10695 0 0 0 2185170 1251010 733998 200162 0 83349 47717 27997 7635 119756 68560 40226 10970 0 2114660 1210643 710314 193703 1678561 960976 563829 153756 0 0 519467 297395 174489 47583 0 1528408 875014 513392 140002 384342 220036 129100 35206 DUES & MEMBERSHIPS 172795 98925 58042 15828 EQUIP RENT, REPAIRS, & MAINT 23709 13573 7964 2172 TUITION REMISSION 267984 153421 90016 24547 UBI TAXES 2834 1622 952 260 928490 531561 311880 85049 31962861 22341397 7559883 2061581 0 0 1793991 2393335 6637358 7065705 304440 258511 40000 20000 0 0 582273 593427 0 0 300790 292860 73605923 44594945 29630985 29010978 112056656 107007976 89700 73113 0 0 0 0 24970640 30632870 176406833 177348775 4092599 4166565 525492 531705 135261 87687 13361168 12797111 0 0 0 0 1500000 1312500 0 0 1260626 2296028 20875146 21191596 X 19868556 16996420 45391189 41991873 90271942 97168886 155531687 156157179 176406833 177348775 X 5721412 -4532852 -563068 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1193792 X X X X X PUBLIC EDUCATION false 144799462 7517349 1306656 5264958 54668 711535 147592306 131896940 573580 17639630 4673150 -1445 638983 144799462 122774143 2445032 12507952 5445468 1964 382755 131896940 125277360 1804075 364073 4121571 55080 494714 122774143 107208147 3019914 20146690 4681830 415561 125277360 0.14780 0.85220 true false 2340006 2340006 1413625 48561493 30208455 19766663 2713792 863755 1850037 16253967 13522735 2731232 2323040 2323040 29010978 FUNDS HELD IN TRUST BY OTHERS 30220122 OTHER ASSETS 412748 30632870 0 ASSETS HELD IN CUSTODY 281127 LIABILITY ON ANNUITY CONTRACTS 264901 LINE OF CREDIT 1750000 2296028 X 26689830 -4532852 -10019580 -14552432 41242262 -3557989 -3557989 37684273 26064338 3557989 3557989 22506349 9456512 9456512 31962861 SCHEDULE D, PART III, LINE 4 ORGANIZATION'S COLLECTIONS AND EXEMPT PURPOSE: THE MEADOWS MUSEUM OF ART IS A DEPARTMENT OF THE COLLEGE AND IS LOCATED ON THE COLLEGE CAMPUS. THE MEADOWS MUSEUM EXISTS FOR THE PURPOSES OF HOUSING, CARING FOR, AND EXHIBITING THE PERMANENT COLLECTION ON A ROTATING BASIS AND FOR IMPLEMENTING PUBLIC EDUCATIONAL PROGRAMS DEVELOPED IN TANDEM WITH MUSEUM EXHIBITIONS IN ORDER TO MAXIMIZE EDUCATIONAL IMPACT ON VIEWERS AND PROGRAM PARTICIPANTS. MUSEUM STAFF OFTEN WORK WITH COLLEGE FACULTY TO MOUNT EXHIBITIONS DIRECTLY RELATED TO COURSE CONTENT AND IN THIS WAY SIMULTANEOUSLY SERVE THE CENTENARY COLLEGE STUDENTS, FACULTY AND STAFF AS WELL AS THE REGIONAL COMMUNITY AT LARGE. ALL PUBLIC EDUCATIONAL PROGRAMS AND EVENTS ARE PRESENTED FREE-OF-CHARGE. PERIODICALLY, EXHIBITIONS ARE LOANED TO REGIONAL INSTITUTIONS FOR PRESENTATION THAT SPAN THE SOUTHERN GEOGRAPHIC REGION FROM NORTHERN MISSISSIPPI TO CENTRAL TEXAS. THESE ACTIVITIES STRONGLY SUPPORT THE EDUCATIONAL MISSION OF CENTENARY COLLEGE. SCHEDULE D, PART V, LINE 4 INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS: THE COLLEGE'S ENDOWMENT FUNDS A PORTION OF THE OPERATING AND CAPITAL REQUIREMENTS OF THE INSTITUTION. IN ADDITION, THERE ARE A NUMBER OF RESTRICTED ENDOWMENTS THAT ARE INTENDED TO FUND SPECIFIC AREAS WITHIN THE INSTITUTION, INCLUDING ENDOWED FACULTY CHAIRS, ENDOWED SCHOLARSHIPS FOR QUALIFIED STUDENTS, AND OTHER SPECIFIC AREAS. schedule d, part x, line 2 liability for uncertain tax positions: The College is exempt from income taxes under Section 501 of the Internal Revenue Code (IRC) and a similar provision of state law. However, the College is subject to federal income tax on any unrelated business taxable income. The College files tax returns in the U.S. federal jurisdiction. With a few exceptions, the College is no longer subject to U.S. federal examinations by tax authorities for years before 2012. The Limited Partnership is not directly subject to income taxes under the provisions of the IRC and applicable state laws. Therefore, taxable income or loss is reported to the individual partners for inclusion in their respective tax returns. Taxes are not material at June 30, 2015 and 2014, and no liability has been recorded. SCHEDULE D, PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: SCHOLARSHIPS $(9,456,512) CHANGE IN SPLIT INTEREST AGREEMENTS (563,068) ------------------- TOTAL $(10,019,580) SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: AUXILIARY EXPENSE $(3,539,359) RENTAL EXPENSE (11,072) FUNDRAISING EXPENSE (7,558) --------------- TOTAL $(3,557,989) SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: AUXILIARY EXPENSE $ 3,539,359 RENTAL EXPENSE 11,072 FUNDRAISING EXPENSE 7,558 --------------- TOTAL $ 3,557,989 SCHEDULE D, PART XII, LINE 4B RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: SCHOLARSHIPS $ 9,456,512 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY TO GENERAL COMMUNITY: THE COLLEGE PUBLICIZES ITS RACIALLY NONDISCRIMINATORY POLICY TO THE GENERAL COMMUNITY IT SERVES THROUGH AN ADVERTISEMENT ONCE A YEAR IN THE LOCAL NEWSPAPER. THE COLLEGE ALSO DISPLAYS THIS SAME NONDISCRIMINATORY POLICY THROUGHOUT THE COLLEGE'S WEBSITE, PRIMARILY IN THE ADMISSIONS AND FINANCIAL AID SECTIONS. IN ADDITION, THE COLLEGE DISPLAYS THE POLICY ON MATERIAL THAT IS SENT OUT TO PROSPECTIVE STUDENTS, INCLUDING THE COLLEGE'S APPLICATION FORM. SCHEDULE E, PART I, LINE 6A FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY: THE ORGANIZATION RECEIVES PERKINS AWARDS, PELL, SEOG, ACG, SMART, WORK STUDY, STAFFORD AND PLUS LOANS. CLC DINNER 32940 4215 28725 7167 391 0 32940 4215 28725 7167 391 7558 21167 true SCHOLARSHIPS & AWARDS 553 9456512 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S.: SCHOLARSHIPS AND OTHER TYPES OF FINANCIAL ASSISTANCE ARE MONITORED BY PROCEDURES THAT INSURE INDIVIDUALS RECEIVING DISBURSEMENTS ARE QUALIFIED TO RECEIVE THE FINANCIAL ASSISTANCE BASED ON THE INSTITUTION'S ASSESSMENT OF FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND OTHER SIMILAR NEEDS. X X X X X false true X X X X false false false false false false false false false B DAVID ROWE PRESIDENT 177973 0 572 0 64927 0 11496 0 13826 0 268794 0 0 0 SCHEDULE J, PART I, LINE 1A BENEFITS PROVIDED TO INDIVIDUALS: THE ORGANIZATION PROVIDES BENEFITS AS INDICATED IN LINE 1A TO THE ORGANIZATION'S PRESIDENT. ANY NON-BUSINESS OR PERSONAL PORTION OF THE BENEFITS PROVIDED HAS BEEN INCLUDED IN THE RECIPIENT'S FORM W-2 AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 1B WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF EXPENSES: THE COLLEGE DOES NOT REIMBURSE FOR FIRST-CLASS TRAVEL. ON AN INFREQUENT BASIS, COLLEGE EMPLOYEES MAY TRAVEL WITH A BOARD OF TRUSTEE MEMBER ON A CHARTER (OR PRIVATELY-OWNED) PLANE ON COLLEGE BUSINESS. SUCH TRAVEL WOULD TYPICALLY INCLUDE THE PRESIDENT OF THE COLLEGE AND BE AUTHORIZED BY THAT PERSON. HOUSING ALLOWANCES ARE PROVIDED BY CONTRACT TO THE COLLEGE PRESIDENT IN LIEU OF COLLEGE-PROVIDED HOUSING. IN ADDITION, UNDER INTERNAL REVENUE SERVICE RULES, COLLEGE CLERGY MAY MAKE HOUSING ALLOWANCE ELECTIONS TO ALLOCATE A PORTION OF THEIR SALARY TO SUCH AN ALLOWANCE. PROVISION AND PAYMENT OF THESE BENEFITS ARE OUTLINED IN EACH INDIVIDUAL'S EMPLOYMENT CONTRACT. A LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 000000000 2011-05-01 14940000 REFINANCE BONDS false false false A 2142889 0 14940000 0 0 0 151882 0 0 0 14788118 0 2013 true false true true A false false false false 0 false false false false A false true false false false false 0 false 0 false false A false B DAVID ROWE PRESIDENT HOUSING ASSISTANCE X 120000 20000 false true true 20000 MCINNIS BROTHERS CONSTRUCTION MCINNIS MEMBER ON BOARD 1001850 INSTRUCTIONAL BUILDING false Laura Crawford Crawford OFFICER ON BOARD 22467 SALARIES/WAGES false CHRISTOPHER E BROWN BROWN MEMBER ON BOARD 35888 SALARIES/WAGES false X 1 3500 FMV X 18 547846 FMV X 1 76000 FMV X 1 163333 FMV X 1 270 Cost X SOLID ROSEWOOD EXECUTIVE DESK AND CHINA CABINET 1 5700 FMV X 20th Century Cello 1 2500 FMV 1 false true true SCHEDULE M, PART I, COLUMN B NUMBER OF CONTRIBUTIONS OR ITEMS CONTRIBUTED: THE NUMBER OF CONTRIBUTIONS LISTED IS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE ORGANIZATION ENGAGES AN ACCOUNTING FIRM TO PREPARE FORM 990. THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCIAL OFFICE. THEN THE ENTIRE BOARD OF TRUSTEES IS PROVIDED A COPY OF THE RETURN TO REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY: MEMBERS OF THE BOARD OF TRUSTEES AND KEY SENIOR ADMINISTRATORS FILE ANNUALLY WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES A COMPLETED QUESTIONNAIRE THAT IS AN ATTACHED EXHIBIT TO THE CONFLICT OF INTEREST POLICY DETAILING ANY POSSIBLE CONFLICTS OF INTEREST WITH THE INSTITUTION. FORM 990, PART VI, SECTION B, LINE 15A REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: A REVIEW IS CONDUCTED AT LEAST ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, SAID COMMITTEE BEING COMPRISED OF THE OFFICERS OF THE BOARD. THE COMMITTEE USES COMPARABILITY DATA, SUCH AS FORM 990S OF OTHER ORGANIZATIONS AND COMPENSATION SURVEYS, AS A BASIS FOR DETERMINING COMPENSATION. THE REVIEW IS DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT CURRENTLY MADE AVAILABLE TO THE PUBLIC, EXCEPT UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: CHANGE IN SPLIT INTEREST AGREEMENTS $ (563,068) FORM 990, PART VI, SECTION A, LINE 1A Delegation of Authority: The executive committee shall consist of the officers of the board, the president and the chairs and vice-chairs of all standing committees. The bishop of the Louisiana Annual Conference shall be an ex-officio, voting member. The executive committee is empowered to act for the board between regular board meetings on all matters except for presidential selection and termination, board member and officer election, mission and purpose changes, amendments to the articles or bylaws, the incurrence of corporate indebtedness, and conferral of degrees. CENTENARY SIF LP 125 HIGH STREET BOSTON MA 02110 472401486 INVESTMENTS DE CENTENARY EXCLUDED 0 0 false 0 false 0.99990 CHARITABLE LEAD TRUSTS (10) CHARITABLE TRUST TX NA TRUST false true false false false false false false false false false false false false false false false false false CENTENARY SIF LP B 79620000 FMV