2014-05-13T12:36:33-05:00 2013-06-30 431126847 WILLIAMS-KEEPERS LLC 2005 WEST BROADWAY SUITE 100 COLUMBIA MO 65203 990 2012-07-01 710246213 LYON COLLEGE LYON 5017939813 PO BOX 2317 2300 HIGHLAND ROAD BATESVILLE AR 72501 KENNETH J REUTER 8703077326 2014-05-12 1 STEPHEN C SMITH P00048938 5734426171 2012 2015-11-30 17:44:51Z KENNETH J REUTER 2300 HIGHLAND DRIVE BATESVILLE AR 72503 26476071 0 X WWW.LYON.EDU X 1872 AR LYON COLLEGE OFFERS A LIBERAL ARTS EDUCATION OF SUPERIOR QUALITY IN A PERSONALIZED SETTING. A SELECTIVE, INDEPENDENT, UNDERGRADUATE, RESIDENTIAL TEACHING AND LEARNING COMMUNITY AFFILIATED WITH THE PRESBYTERIAN CHURCH (USA). LYON ENCOURAGES THE FREE INTELLECTUAL INQUIRY ESSENTIAL TO SOCIAL, ETHICAL AND SPIRITUAL GROWTH. WITH A RICH SCHOLARLY AND RELIGIOUS HERITAGE, LYON DEVELOPS, IN A CULTURE OF HONOR, RESPONSIBLE CITIZENS AND LEADERS COMMITTED TO CONTINUED PERSONAL GROWTH AND SERVICE. 33 33 500 10 7668 715 7592287 2580961 15790907 16452639 3629312 958479 780806 799443 27793312 20791522 6944783 7696738 0 0 7628739 8386367 0 0 808081 9509418 9455093 24082940 25538198 3710372 -4746676 73456954 70187350 21412581 21849649 52044373 48337701 X LYON COLLEGE OFFERS A LIBERAL ARTS EDUCATION OF SUPERIOR QUALITY IN A PERSONALIZED SETTING. A SELECTIVE, INDEPENDENT, UNDERGRADUATE, RESIDENTIAL TEACHING AND LEARNING COMMUNITY AFFILIATED WITH THE PRESBYTERIAN CHURCH (USA). LYON ENCOURAGES THE FREE INTELLECTUAL INQUIRY ESSENTIAL TO SOCIAL, ETHICAL AND SPIRITUAL GROWTH. WITH A RICH SCHOLARLY AND RELIGIOUS HERITAGE, LYON DEVELOPS, IN A CULTURE OF HONOR, RESPONSIBLE CITIZENS AND LEADERS COMMITTED TO CONTINUED PERSONAL GROWTH AND SERVICE. 0 0 11677878 13110139 INSTRUCTION & OTHER ACADEMIC PROGRAMS AND ACADEMIC SUPPORT - UNDERGRADUATE AND NON-CREDIT CLASSES ARE PROVIDED. 7696738 7696738 STUDENT AID AND STUDENT LOANS - SCHOLARSHIPS, WORK STUDY PROGRAMS, AND LOANS ARE MADE AVAILABLE TO ENABLE STUDENTS TO CONTINUE THEIR EDUCATIONS. 2525655 3334832 STUDENT SERVICES & AUXILARY ENTERPRISES - HOUSING, FOOD SERVICES, AND BOOKSTORE ACTIVITIES ARE PROVIDED AS A SERVICE TO THOSE ON CAMPUS TO ENHANCE CAMPUS LIFE. 21900271 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 85 0 1 500 0 1 1 0 0 0 0 0 1 1 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1 0 X X KENNETH J RUETER 8703077326 2300 HIGHLAND DRIVE BATESVILLE AR 72503 MR PERRY WILSON 0.50 X X 0 0 0 MR STEPHEN P WILLIAMS '82 0.50 X X 0 0 0 MR RICKY DAVIS '80 0.50 X X 0 0 0 MR CHARLES B WHITESIDE III 0.50 X X 0 0 0 MS KAY KELLEY ARNOLD 0.50 X 0 0 0 MR DON BEDELL 0.50 X 0 0 0 DR CHRIS BELLER '98 0.50 X 0 0 0 MRS SUZANNE BLAIR '68 0.50 X 0 0 0 MR BILL W BRISTOW '72 0.50 X 0 0 0 DR DAVID CHURCHILL '81 0.50 X 0 0 0 MR JOHN COOKE '80 0.50 X 0 0 0 DR VICTORIA CRITTENDEN '78 0.50 X 0 0 0 MR SCOTT DANIEL '92 0.50 X 0 0 0 MR LANDON DOWNING '13 0.50 X 0 0 0 REVEREND DR GORDON GARLINGTON III 0.50 X 0 0 0 REVEREND BRIEN NIX HALL '92 0.50 X 0 0 0 REVEREND STEPHEN C HANCOCK 0.50 X 0 0 0 MR TYLER HUDGENS '12 0.50 X 0 0 0 MR DAVID L JONES '99 0.50 X 0 0 0 DR RAYMOND A LACROIX JR 0.50 X 0 0 0 DR SCOTT MERRELL '92 0.50 X 0 0 0 MR MARK NICHOLS 0.50 X 0 0 0 MS SARAH L OQUIST '93 0.50 X 0 0 0 MRS CAROLYN PEISERICH '95 0.50 X 0 0 0 MR W LEN RAYBURN '91 0.50 X 0 0 0 MR JD SIMPSON III 0.50 X 0 0 0 DR SHANE SMITH '93 0.50 X 0 0 0 REVEREND J STEWART SMITH 0.50 X 0 0 0 MR G WARREN STEPHENSON 0.50 X 0 0 0 MS DEBORAH WILLHITE '74 0.50 X 0 0 0 MR SCOTT WOOD 0.50 X 0 0 0 DR ROBERT YOUNG III 0.50 X 0 0 0 DR DONALD WEATHERMAN 40.00 X X 225294 0 47817 KENNETH J RUETER 40.00 X 120994 0 15639 F BRUCE JOHNSTON 40.00 X 101388 0 23472 DAVID L HERINGER 40.00 X 117751 0 16286 VIRGINIA F WRAY 40.00 X 107067 0 12528 ALAN H MCNAMEE 40.00 X 101088 0 2061 773582 0 117803 6 0 1 0 EAST HARDING 2230 COTTONDALE LANE SUITE 3 LITTLE ROCK AR 72202 CONSTRUCTION 7536320 SODEXO & AFFLIATES PO BOX 536922 ATLANTA GA 30353 DINING HALL & MAINTENANCE MNGT 993138 OZARK INFORMATION SERVICES 199 GENERAL STREET BATESVILLE AR 72501 INFORMATION SERVICE MNGT 280138 F & F CONSTRUCTION 3180 CARRIER STREET MEMPHIS TN 38116 CONSTRUCTION 166434 COLLIERS INTERNATIONAL 400 W CAPITAL AVE SUITE 1200 LITTLE ROCK AR 72203 DEVELOPMENT MNGT 150000 5 1137477 1443484 74291 2580961 TUITION & FEES 900099 16424515 16424515 INTEREST ON LOANS 900099 20456 20456 DINING HALL 722320 7668 7668 16452639 915722 915722 21813 129615 -107802 -107802 -107802 5542871 5391524 108590 151347 -108590 42757 42757 84636 54820 29816 29816 INSURANCE BUSINESS INTERRUPTION P 900099 535211 535211 MISCELLANEOUS 900099 342218 342218 877429 20791522 16444971 7668 1757922 7696738 7696738 386884 100714 223224 62946 5899401 4959590 613847 325964 2100082 1695491 268948 135643 11933 11933 56009 56009 102118 102118 499619 15119 484500 74326 18478 46897 8951 697092 402689 188956 105447 14680 14680 2686856 1036333 1646213 4310 561412 509987 36811 14614 13645 13645 747346 572257 175089 1574489 1305819 268670 276250 82006 194244 ALLOCATED PROMOTION/MAI 0 -85366 85366 ALLOCATED O&M EXPENSES 0 1602530 -1602530 STUDENT SERVICE AND OTH 950102 950102 FOOD SERVICE CONTRACT 759115 759115 430101 178623 186638 64840 25538198 21900271 2829846 808081 963272 1296950 978855 737260 6090753 2530538 1358077 287794 486935 449675 44408 59842 914622 539520 59386273 33014207 26183112 26372066 30391450 32141946 5991357 5724665 54113 47094 73456954 70187350 2471684 880510 407700 15930000 15930000 9155 15620 615022 2227242 2386720 2388577 21412581 21849649 X 4173992 3110493 3518091 885779 44352290 44341429 52044373 48337701 73456954 70187350 X -4746676 3655461 -2615457 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 37117270 452123 4414152 1081791 2539814 38361940 39453320 144872 483046 882529 2081439 37117270 34902543 160668 6190109 531768 1268232 39453320 32701545 1542177 2491676 562018 1270837 34902543 39480552 615220 -4810915 1762115 821197 32701545 0.00000 0.99280 0.00720 1 0 101100 802916 904016 1536892 39298253 18450064 22385081 4828974 3760897 1068077 12550289 10803246 1747043 267849 267849 26372066 FUNDS HELD IN TRUST BY OTHERS 5327850 F CERTIFICATES OF DEPOSIT 6097 F CERTIFICATES OF DEPOSIT 57299 C OTHER INVESTMENTS 320805 F OTHER INVESTMENTS 12614 C 5724665 ANNUITIES PAYABLE 385001 STUDENT DEPOSITS 160990 CONDITIONAL ASSET RETIREMENT OBLIGA 916152 FEDERAL CONTRIBUTION PAYABLE 656174 ACCRUED INTEREST PAYABLE 270260 2388577 14325695 3655461 -10312195 -6656734 20982429 102118 -293025 -190907 20791522 18032367 293025 293025 17739342 102118 7696738 7798856 25538198 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS ARE ENDOWED FACULTY CHAIRS, CONCERTS AND LECTURES, FELLOWSHIPS, LIBRARY, FACILITY MAINTENANCE, SCHOLARSHIPS, AND GENERAL UNRESTRICTED PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID -7,696,738. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -83,961. UNCOLLECTABLE PLEDGES -2,531,496. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME -129,615. AMOUNT REPORTED AS COST OF GOODS SOLD -54,820. LOSS ON DISPOSAL OF FIXED ASSETS -108,590. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME 129,615. AMOUNT REPORTED AS COST OF GOODS SOLD 54,820. LOSS ON DISPOSAL OF FIXED ASSETS 108,590. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 7,696,738. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL COLLEGE RELEASES AND SOLICITATIONS INCLUDE A NONDISCRIMINATION POLICY STATEMENT. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 GRANTS AND SCHOLARSHIPS ARE MADE TO STUDENTS ON AN OBJECTIVE BASIS RELATED TO ACADEMIC PERFORMANCE AND FINANCIAL NEED. 1 STUDENT FINANCIAL AID 603 7696738 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EACH ACADEMIC YEAR THE OFFICE OF INSTITUTIONAL ADVANCEMENT PROVIDES THE OFFICE OF FINANCIAL AID A DETAILED LIST OF THE COLLEGE'S ENDOWED SCHOLARSHIPS, ALONG WITH THE CURRENT MARKET VALUE OF EACH SCHOLARSHIP, AND STATED CRITERIA RESTRICTIONS, IF ANY, REQUIRED FOR RECIPIENTS OF THOSE SCHOLARSHIPS. THE OFFICE OF FINANCIAL AID, FROM THAT LIST PROVIDED BY THE OFFICE OF INSTITUTIONAL AID, MATCHES STUDENTS WHO RECEIVE INSTITUTIONAL AID WITH THOSE ENDOWED SCHOLARSHIPS TO WHICH THEY ARE ELIGIBLE. THE LIST OF MATCHES IS THEN RETURNED TO THE OFFICE OF INSTITUTIONAL ADVANCEMENT. X X X X X 1 1 X X 0 0 0 0 0 0 0 0 0 DR DONALD WEATHERMAN 221484 0 0 0 3810 0 19161 0 28656 0 273111 0 0 0 PART I, LINE 1B THE CEO/PRESIDENT OF LYON COLLEGE HAS A WRITTEN CONTRACT WHICH IS RENEWED ON AN ANNUAL BASIS. THIS CONTRACT PROVIDES FOR THE PROVISIONS THAT ARE CHECKED IN PART I, 1A (TRAVEL FOR COMPANIONS, DISCRETIONARY SPENDING ACCOUNT, PERSONAL RESIDENCE, SOCIAL CLUB DUES AND A HOUSEKEEPER FOR PERSONAL SERVICES). THE CONTRACT REQUIRES THE CEO/PRESIDENT TO LIVE ON CAMPUS AND TO OPEN THE RESIDENCE TO STUDENTS, FACULTY, STAFF AND COMMUNITY AS NEEDED TO FURTHER THE COLLEGE'S MISSION. THE COLLEGE FOLLOWS THE PROVISIONS THAT ARE IN THE CONTRACT ALTHOUGH THERE IS NO FORMAL WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT. A INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG4 2006-10-26 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 B INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG6 2003-10-07 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 C INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BH2 2009-09-29 2930000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 D INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BJ8 2010-06-16 3000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 A 2009 0 0 0 0 B 2006 0 0 0 0 C 2009 0 0 0 0 D 2011 0 0 0 0 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 0 0 0 0 0 0 B 0 0 1 0 0 0 0 0 0 C 0 0 1 0 0 0 0 0 0 D 0 0 1 0 0 0 0 0 0 FRANK LYON JR FORMER TRUSTEE 735544 INTEREST ON BONDS ISSUED BY INDEPENDENCE COUNTY, ARKANSAS PUBLIC HEALTH, EDUCATION,AND HOUSING FACILITIES BOARD SOLD IN A PRIVATE PLACEMENT TO MR. LYON 0 X 1 25000 APPRAISAL X 12493 FAIR MARKET VALUE X 2 14500 APPRAISAL X 1 15298 AVG PRICE, DATE OF GIFT X QUILT 1 1000 FAIR MARKET VALUE X JEWELRY 1 6000 APPRAISAL 1 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): NUMBER OF CONTRIBUTORS IS USED FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF BUSINESS AND FINANCE AND THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12 THE COLLEGE PRESIDENT'S SALARY WAS LAST EVALUATED IN AUGUST 2008. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE COLLEGE CABINET THAT INCLUDES THE VICE PRESIDENT OF ACADEMIC AFFAIRS, VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, VICE PRESIDENT OF STUDENT AFFAIRS, VICE PRESIDENT OF ENROLLMENT SERVICES, AND VICE PRESIDENT OF BUSINESS AND FINANCE WAS LAST EVALUATED IN AUGUST 2008. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -83,961. UNCOLLECTIBLE PLEDGES -2,531,496. FORM 990, PART XII, LINE 2C: THE PROCESS FOR MONITORING THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.