2014-05-15T17:07:10-05:00 2013-06-30 BKD LLP 2800 Post Oak Blvd Ste 3200 HOUSTON TX 77056 990 2012-07-01 720408915 Centenary College of Louisiana % STEPHANIE OWENS CENT 3188695101 2911 Centenary Boulevard Suite Shreveport LA 71104 STEPHANIE OWENS 3188695101 2014-05-15 true M Paige Gerich 7134994600 2012 2015-11-30 17:44:51Z B DAVID ROWE 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 44290558 false X WWW.CENTENARY.EDU X 1825 LA PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 800 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 43 38 684 375 86797 55645 6576205 6987171 20021789 19482455 3875119 2597366 2329985 2055376 32803098 31122368 11427183 10926326 0 0 12638667 12612046 0 0 2115112 10141099 10204691 34206949 33743063 -1403851 -2620695 157091224 162692987 20137519 18828391 136953705 143864596 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 23427616 10926326 19482455 PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 800 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 23427616 true true false true false false false true false true true false false true true false true false 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 98 0 true 684 true true true false false false false true true false false false false X 43 38 true false false false false false false true true false false true true true true true true true false false X STEPHANIE OWENS 3188695012 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 X B DAVID ROWE 40.0 0.0 X X 229740 0 23378 MICHAEL R HEMPHILL 40.0 0.0 X X 176231 0 14375 WARREN S RAWLES 40.0 0.0 X X 125267 0 15244 MONTY L CURTIS 40.0 0.0 X X 120500 0 16256 MICHAEL W PEARSON 40.0 0.0 X X 64873 0 3159 EDWARD J CRAWFORD III 1.0 0.0 X X 0 0 0 GEORGE D NELSON JR 1.0 0.0 X X 0 0 0 AUSTIN G ROBERTSON JR 1.0 0.0 X X 0 0 0 JOHN F GEORGE JR 1.0 0.0 X X 0 0 0 WILLIAM G ANDERSON 1.0 0.0 X X 0 0 0 JOHN ATKINS 1.0 0.0 X 0 0 0 DAVID BARLOW 1.0 0.0 X 0 0 0 KENNETH M FISHER 1.0 0.0 X 0 0 0 DARYL FULTZ 1.0 0.0 X 0 0 0 BILL BROYLES 1.0 0.0 X 0 0 0 PAUL MICHAEL MANN 1.0 0.0 X 0 0 0 CAROL BORNE SPENCER 1.0 0.0 X 0 0 0 W JUAN WATKINS 1.0 0.0 X 0 0 0 JON Q PETERSEN 1.0 0.0 X 0 0 0 J STAFFORD COMEGYS 1.0 0.0 X 0 0 0 PERCY V HUBBARD 1.0 0.0 X 0 0 0 ROY S HURLEY 1.0 0.0 X 0 0 0 DARYL W MITCHELL 1.0 0.0 X 0 0 0 ANDREW M SHEHEE 1.0 0.0 X 0 0 0 NANCY BOONE WORD 1.0 0.0 X 0 0 0 C ELLIS BROWN JR 1.0 0.0 X 0 0 0 G ARCHER FRIERSON II 1.0 0.0 X 0 0 0 O DELTON HARRISON JR 1.0 0.0 X 0 0 0 JANE HUTCHINSON JAMES 1.0 0.0 X 0 0 0 THOMAS E MCELROY 1.0 0.0 X 0 0 0 HARRY MCINNIS 1.0 0.0 X 0 0 0 CHARLES B SIMMONS 1.0 0.0 X 0 0 0 MURRAY W VISER 1.0 0.0 X 0 0 0 CAMILLE BRYAN 1.0 0.0 X 0 0 0 FRED LOY 1.0 0.0 X 0 0 0 CYNTHIA HARVEY 1.0 0.0 X 0 0 0 DONALD R AVERY 1.0 0.0 X 0 0 0 ANGIE WHITE 1.0 0.0 X 0 0 0 KENDALL HUGHES 1.0 0.0 X 0 0 0 CYNTHIA BRAME 1.0 0.0 X 28683 0 12802 HAROLD CHRISTENSEN 1.0 0.0 X 35554 0 3056 MICHELLE GLAROS 1.0 0.0 X 68001 0 7117 STEPHANIE OWENS 40.0 X X CARL E STEWART 1.0 0.0 X 0 0 CHRISTOPHER L MARTIN 40.0 0.0 X 127331 0 6041 BARBARA DAVIS 40.0 0.0 X 108071 0 18993 SCOTT VETTER 40.0 0.0 X 105054 0 9051 KENNETH SCHWAB 0.0 0.0 X 110750 0 1300055 0 129472 8 true true false SODEXO INC AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES 1356450 NATIONAL MANAGEMENT RESOURCES CORPO PO BOX 1224 LAGRANGE GA 30241 FACILITY SERVICES 1016696 STORER EQUIPMENT COMPANY INC PO BOX 6761 SHREVEPORT LA 71136 FACILITY SERVICES 268477 APOGEE TELECOM INC PO BOX 678651 DALLAS TX 752678651 NETWORK SERVICES 188989 KI CONCERTS 5245 CENTENNIAL BLVD STE 202 COLORADO SPRINGS CO 809194405 TOUR SERVICES 173686 11 X 29803 577625 6379743 1087393 6987171 TUITION & FEES 611710 19482455 19482455 19482455 1280193 68461 1211732 0 402182 402182 141519 11489 130030 0 130030 130030 10887622 9570449 1317173 1317173 0 1317173 5003 29803 6855 -1852 -1852 0 4414544 3579397 835147 835147 MISCELLANEOUS INCOME 900099 671533 671533 OIL & GAS INCOME 900099 18336 18336 689869 31122368 19482455 86797 4565945 0 10926326 10926326 0 0 1087338 595752 390789 100797 0 9560282 5238079 3435965 886238 391966 214758 140873 36335 842719 461726 302873 78120 729741 399825 262269 67647 0 15667 8584 5631 1452 105600 57858 37953 9789 60033 32892 21576 5565 0 0 217231 119021 78073 20137 0 1889922 1035488 679238 175196 52635 28839 18917 4879 0 2278467 1248372 818881 211214 1359329 744776 488543 126010 0 0 445195 243922 160003 41270 0 2268768 1243058 815395 210315 502996 275591 180777 46628 DUES & MEMBERSHIPS 174771 95757 62813 16201 BAD DEBT 64637 35415 23230 5992 TUITION REMISSION 265138 145269 95291 24578 MISCELLANEOUS 403024 220817 144847 37360 101278 55491 36398 9389 33743063 23427616 8200335 2115112 0 0 4199328 3445633 5135664 4829404 526536 787030 80000 60000 0 0 516684 550898 0 0 319840 245452 69983227 40335667 30559397 29647560 92527511 99428618 131282 109554 0 0 0 0 23094982 23588838 157091224 162692987 4418000 3659521 511485 519282 300176 225808 14424692 13903414 0 0 0 0 16138 6540 0 0 467028 513826 20137519 18828391 X 17085826 17556545 34542272 37998843 85325607 88309208 136953705 143864596 157091224 162692987 X -2620695 8922653 608933 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X true false false false false false false false false true 60033 60033 false DESCRIPTION OF OTHER ACTIVITIES SCHEDULE C, PART II-B, LINE 1I CENTENARY COLLEGE PAYS CORNERSTONE GOVERNMENT AFFAIRS FOR LOBBYING DURING THE YEAR. 1193792 X X X X X PUBLIC EDUCATION false 122774143 2445032 12507952 5445468 1964 382755 131896940 125277360 1804075 364073 4121571 55080 494714 122774143 107208147 3019914 20146690 4681830 415561 125277360 98719393 663294 12934008 4711522 397026 107208147 117871784 6777374 -16414513 9079601 435651 98719393 0.15670 0.84330 true false 2340006 2340006 1134633 47683694 27921489 20896838 2420683 539398 1881285 16096445 11874780 4221665 307766 307766 29647560 FUNDS HELD IN TRUST BY OTHERS 22385642 RESTRICTED CASH 786545 OTHER ASSETS 416651 23588838 0 ASSETS HELD IN CUSTODY 256250 LIABILITY ON ANNUITY CONTRACTS 257576 513826 33260732 8922653 -10382030 -1459377 34720109 -3597741 -3597741 31122368 26349841 3597741 3597741 22752100 10990963 10990963 33743063 ORGANIZATION'S COLLECTIONS AND EXEMPT PURPOSE Schedule D, Part III, Line 4 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. RECONCILIATION OF revenue per audited financial statements to Form 990 SCHEDULE D, PART XI, LINE 2D Scholarships netted with Audit Revenue $(10,926,326) Change in Split INTEREST Agreements $ 608,933 Bad Debt Expense $(64,637) --------------------- total $(10,382,030) RECONCILIATION OF revenue per audited financial statements to Form 990 Schedule D, Part XI, Line 4b Auxiliary Expense $(3,579,397) Rental Expense $ (11,489) Fundraising Expense $ (6,855) -------------- total $(3,597,741) Reconciliation of expense per audited financial statements to Form 990 Schedule d, Part XII, Line 2d Auxiliary Expense $ 3,579,397 Rental Expense $ 11,489 Fundraising Expense $ 6,855 ---------------- Total $ 3,597,741 Reconciliation of Expense per audited financial statements to form 990 Schedule D, Part XII, Line 4b Scholarships netted with Audit Revenue $ 10,926,326 Bad Debt Expense $ 64,637 ----------------- Total $ 10,990,963 INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS schedule d, part v, line 4 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. true true true true true true true false false false false false false false false true false true PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY TO GENERAL COMMUNITY SCHEDULE E, PART I, LINE 3 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. FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY SCHEDULE E, PART I, LINE 6A THE ORGANIZATION RECEIVES PERKINS AWARDS, PELL, SEOG, ACG, SMART, WORK STUDY, STAFFORD AND PLUS LOANS. CLC DINNER 34806 29803 5003 6780 75 0 34806 29803 5003 6780 75 6855 -1852 true SCHOLARSHIPS AND AWARDS 672 10926326 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, LINE 2 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 162755 0 0 0 66985 0 11618 0 11760 0 253118 0 MICHAEL R HEMPHILL 174669 0 0 0 1561 0 8915 0 5460 0 190606 0 KENNETH SCHWAB 110750 0 0 0 0 110750 BENEFITS PROVIDED TO INDIVIDUALS SCHEDULE J, PART I, LINE 1A THE ORGANIZATION PROVIDES BENEFITS AS INDICATED IN LINE 1A TO THE ORGANIZATION'S TRUSTEES AND PRESIDENT. ANY NON-BUSINESS OR PERSONAL PORTION OF THE BENEFITS PROVIDED HAS BEEN INCLUDED IN THE RECIPIENT'S FORM W-2 AS REQUIRED. WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF EXPENSES SCHEDULE J, PART I, LINE 1B 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 0 0 14940000 0 0 0 151882 0 0 0 14001573 786545 2013 true false true true A false false false false 0 true 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 60000 false true true 60000 QUERBES NELSON NELSON, OFFICER, ON BOARD 61744 COMMISSIONS AND FEES false MCINNIS BROTHERS CONSTRUCTION MCINNIS, MEMBER, ON BOARD 96507 RESIDENT HALL PARKING LOT false X 20 1087393 FAIR MARKET VALUE 0 false true true Sales of Noncash Contributions schedule m, part i, line 32b THE COLLEGE'S POLICY IS TO SELL ALL MARKETABLE SECURITIES UPON RECEIPT FROM THE DONOR. THE COLLEGE WILL USE ONE OF THE BROKERAGE FIRMS IT HAS AN ACCOUNT WITH TO SELL THE DONATED SECURITIES. RELATIONSHIPS AMONG OFFICERS AND MEMBERS FORM 990, PART VI, section a, line 2 EDWARD J CRAWFORD, III, AND JOHN E ATKINS HAVE A FAMILY RELATIONSHIP. THE COLLEGE IS UNAWARE OF ANY OTHER FAMILY OR BUSINESS RELATIONSHIPS BETWEEN ANY OFFICER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, section b, line 11B THE AUDIT COMMITTEE IS CHARTERED TO ASSIST THE BOARD OF TRUSTEES IN FULFILLING ITS OVERSIGHT RESPONSIBILITIES FOR THE FINANCIAL REPORTING PROCESS, THE SYSTEM OF INTERNAL CONTROL, THE AUDIT PROCESS, AND THE COLLEGE'S PROCESS FOR MONITORING COMPLIANCE WITH APPLICABLE LAWS AND REGULATIONS AND THE CODE OF CONDUCT. THE ORGANIZATION ENGAGES AN ACCOUNTING FIRM TO PREPARE FORM 990. THE FORM 990 IS THEN REVIEWED AND APPROVED BY THE AUDIT COMMITTEE OF THE BOARD. A RECOMMENDATION IS MADE TO THE FULL BOARD OF TRUSTEES TO ACCEPT THE FORM 990 BASED ON THE AUDIT COMMITTEE RECOMMENDATION. A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE FULL BOARD FOR THEIR REVIEW PRIOR TO FILING. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, section b, line 12C 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. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, section b, line 15A 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. Reconciliation of Net Assets form 990, part XI, line 9 Change in Split Interest Agreements $ 608,933 AVAILABILITY OF GOVERNING DOCUMENTS TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT CURRENTLY MADE AVAILABLE TO THE PUBLIC, EXCEPT UPON REQUEST. COMPENSATION OF OFFICERS, DIRECTORS, ETC FORM 990, PART VII, SECTION A BOARD MEMBERS CYNTHIA BRAME AND MICHELLE GLAROS RECEIVE COMPENSATION FROM THE ORGANIZATION FOR SERVICES AS FACULTY MEMBERS. THEY DO NOT RECEIVE ANY PART OF THEIR COMPENSATION FOR SERVICES ON THE BOARD OF DIRECTORS. Charitable Lead Trusts (9) Charitable Trust TX NA Trust