2013-05-15T16:16:48-05:00 2012-06-30 BKD LLP 2800 Post Oak Blvd Ste 3200 HOUSTON TX 77056 990 2011-07-01 720408915 CENTENARY COLLEGE OF LOUISIANA % STEPHANIE OWENS CENT 3188695101 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 STEPHANIE OWENS 2013-05-15 true M Paige Gerich 7134994600 2011 2016-02-24 21:20:13Z B DAVID ROWE 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 48017023 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. 36 31 727 100 106437 74455 6825148 6576205 19175487 20021789 3260130 3875119 1841436 2329985 31102201 32803098 10955593 11427183 0 0 12754666 12638667 0 0 2050179 10268045 10141099 33978304 34206949 -2876103 -1403851 163706882 157091224 21008099 20137519 142698783 136953705 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 23956053 11427183 20021789 PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 800 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 23956053 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 false false false false false true 65 0 true 727 true true true false false false false true true false false false false X 36 31 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 DR B DAVID ROWE 40.0 X X 227552 0 12380 EDWARD J CRAWFORD III 1.0 X X 0 GEORGE D NELSON JR 1.0 X X 0 AUSTIN G ROBERTSON JR 1.0 X X 0 JOHN F GEORGE JR 1.0 X X 0 WILLIAM G ANDERSON 1.0 X X 0 JOHN ATKINS 1.0 X 0 DAVID BARLOW 1.0 X 0 KENNETH M FISHER 1.0 X 0 DARYL FULTZ 1.0 X 0 J JOSEPH HARDT 1.0 X 0 PAUL MICHAEL MANN 1.0 X 0 CAROL BORNE SPENCER 1.0 X 0 CARL E STEWART 1.0 X 0 W JUAN WATKINS 1.0 X NANCY M CARRUTH 1.0 X J STAFFORD COMEGYS 1.0 X PERCY V HUBBARD 1.0 X ROY S HURLEY 1.0 X DARYL W MITCHELL 1.0 X ANDREW M SHEHEE 1.0 X 0 NANCY BOONE WORD 1.0 X 0 C ELLIS BROWN JR 1.0 X 0 G ARCHER FRIERSON II 1.0 X 0 O DELTON HARRISON JR 1.0 X 0 JANE HUTCHINSON JAMES 1.0 X 0 THOMAS E MCELROY 1.0 X 0 HARRY MCINNIS 1.0 X 0 CHARLES B SIMMONS 1.0 X 0 MURRAY W VISER 1.0 X 0 WILLIAM W HUTCHINSON 1.0 X 0 DONALD R AVERY 1.0 X 0 SCOTT GREEN 1.0 X 0 DREW BURNHAM 1.0 X 0 CYNTHIA BRAME 1.0 X 42039 10844 MICHELLE GLAROS 1.0 X 58339 1224 WILLIAM BALLARD 40.0 X 134950 7914 DR MICHAEL HEMPHILL 40.0 X 174551 0 5460 WARREN S RAWLES 40.0 X 115249 8760 BETSY EAVES 40.0 X 71477 6540 MONTY CURTIS 40.0 X 14266 730 DR CHRIS MARTIN 40.0 X 126198 THOMAS D STONE 40.0 X 115503 3840 DR BARBARA DAVIS 40.0 X 103821 20319 DR KENNETH SCHWAB 40.0 X 117295 0 0 1301240 0 78011 8 true true false EIIA 200 S WACKER SUITE 1000 CHICAGO IL 60606 INSURANCE 498075 SODEXO INC AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES 1218649 NATIONAL MANAGEMENT RESOURCE CORPOR PO BOX 1224 LAGRANGE GA 30241 FACILITY SERVICES 1008048 STORER EQUIPMENT COMPANY INC PO BOX 6761 SHREVEPORT LA 71136 FACILITY SERVICES 517304 PAYNE MECHANICAL SERVICES 7223 BERT KOUNS INDUSTRIAL LOOP SHREVEPORT LA 71129 FACILITY SERVICES 499055 21 28263 360077 6187865 193304 6576205 TUITION & FEES 611710 20021789 20021789 20021789 2178519 79939 2098580 0 528071 528071 102370 21686 80684 80684 80684 13023594 835 11327829 1695765 835 1696600 1696600 23712 28263 7256 16456 16456 0 4559024 3857154 701870 701870 MISCELLANEOUS INCOME 900099 976406 976406 OIL & GAS INCOME 900099 26498 26498 1002904 32803098 20021789 106437 6098667 0 11427183 11427183 0 0 1076485 592066 387535 96884 0 9559125 5257519 3441285 860321 348972 191935 125630 31407 939950 516972 338382 84596 714135 392774 257089 64272 0 74039 40721 26654 6664 103300 56815 37188 9297 68299 37564 24588 6147 0 0 124344 68389 44764 11191 0 1846714 1015693 664817 166204 86413 47527 31109 7777 0 2385819 1312200 858895 214724 1440081 792045 518429 129607 0 0 721398 396769 259703 64926 0 2260464 1243255 813767 203442 433986 238692 156235 39059 DUES & MEMBERSHIPS 146603 80632 52777 13194 EQUIP RENT, REPAIRS, & MAINT 72405 39823 26066 6516 TAXES & LICENSES 15616 8589 5622 1405 TUITION REMISSION 361618 198890 130182 32546 34206949 23956053 8200717 2050179 0 0 4444501 4199328 4721758 5135664 158037 526536 0 80000 0 0 519358 516684 0 0 439996 319840 68623838 38064441 28660235 30559397 98510863 92527511 149021 131282 0 0 0 0 26103113 23094982 163706882 157091224 4621702 4418000 511437 511485 481788 300176 14940000 14424692 0 0 0 0 24614 16138 0 0 428558 467028 21008099 20137519 X 17794930 17085826 35046463 34542272 89857390 85325607 142698783 136953705 163706882 157091224 X -1403851 -4341227 X false true true X true true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 68299 68299 false OTHER LOBBYING ACTIVITIES SCHEDULE C, PART II-B, LINE I CENTENARY COLLEGE PAYS CORNERSTONE GOVERNMENT AFFAIRS FOR LOBBYING DURING THE YEAR. 1193792 X X X X X PUBLIC EDUCATION false 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 0.15870 0.84130 0.00000 true false 2340006 2340006 1010976 46327008 25210587 22127397 2408833 372065 2036768 15597765 12481789 3115976 939250 939250 30559397 FUNDS HELD IN TRUST BY OTHERS 21885203 RESTRICTED CASH 786545 OTHER ASSETS 423234 23094982 0 ASSETS HELD IN CUSTODY 225660 LIABILITY ON ANNUITY CONTRACTS 241368 467028 32803098 34206949 -1403851 -3069468 -1271759 -4341227 -5745078 20920784 -3069468 3886096 816628 20104156 12698942 12698942 32803098 26665862 3886096 3886096 22779766 11427183 11427183 34206949 ORGANIZATION'S COLLECTION AND EXEMPT PURPOSE SCHEDULE D, PART III, QUESTION 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. INTENDED USE OF ORGANIZATION'S ENDOWMENT FUNDS SCHEDULE D, PART V, QUESTION 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. RECONCILIATION OF AUDITED FINANCIAL STATEMENTS TO FORM 990 SCHEDULE D, PART XII, LINES 2D & 4B REVENUE ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990: AUXILIARY EXPENSES IN REVENUE ON RETURN $ 3,857,154 FUNDRAISING EXPENSES IN REVENUE ON RETURN 7,256 RENTAL EXPENSES IN REVENUE ON RETURN 21,686 ------------- $ 3,886,096 REVENUE ON FORM 990, NOT ON AUDITED FINANCIAL STATEMENTS: SCHOLARSHIPS NETTED WITH TUITION ON AUDIT $ 11,427,183 CHANGE IN SPLIT INTEREST AGREEMENTS 1,271,759 -------------- $ 12,698,942 RECONCILIATION OF AUDITED FINANCIAL STATEMENTS TO FORM 990 SCHEDULE D, PART XIII, LINES 2D & 4B EXPENSES ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990: AUXILIARY EXPENSES IN REVENUE ON RETURN $ 3,857,154 FUNDRAISING EXPENSES IN REVENUE ON RETURN 7,256 RENTAL EXPENSES IN REVENUE ON RETURN 21,686 ------------- $ 3,886,096 EXPENSES ON FORM 990, NOT ON AUDITED FINANCIAL STATEMENTS: SCHOLARSHIPS NETTED WITH TUITION ON AUDIT $ 11,427,183 OTHER CHANGES IN NET ASSETS FROM FORM 990 TO FINANCIAL STATEMENTS SCHEDULE D, PART XI, LINE 8 CHANGE IN SPLIT INTEREST AGREEMENTS $ 1,271,759 false 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, QUESTION 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, QUESTION 6A THE ORGANIZATION RECEIVES PERKINS AWARDS, PELL, SEOG, ACG, SMART, WORK STUDY, STAFFORD AND PLUS LOANS. CLC DINNER 51975 28263 23712 7112 144 0 51975 28263 23712 7112 144 7256 16456 true SCHOLARSHIPS AND AWARDS 742 11427183 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. SCHEDULE I, PART I, QUESTION 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 DR KENNETH SCHWAB 117295 0 0 0 0 0 0 0 0 0 117295 0 0 0 DR B DAVID ROWE 173853 0 0 0 53699 0 0 0 12380 0 239932 0 0 0 DR MICHAEL HEMPHILL 174551 0 0 0 0 0 0 5460 0 180011 0 0 0 BENEFITS PROVIDED TO INDIVIDUALS SCHEDULE J, PART I, QUESTION 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, QUESTION 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. LOUISIANA PUBLIC FACILITIES AUTHORITY 720895871 000000000 2011-05-01 14940000 REFINANCE BONDS false false false 0 0 14940000 0 0 0 151882 0 0 0 14001573 786545 2013 true false true true false false false false 0.00000 0.00000 0.00000 true false false false 0 false 0 false false B DAVID ROWE HOUSING ASSISTANCE X 120000 80000 false true true 80000 QUERBES NELSON NELSON, OFFICER, ON BOARD 106672 COMMISSIONS AND FEES false MCINNIS BROTHERS CONSTRUCTION MCINNIS, MEMBER, ON BOARD 278793 RESIDENT HALL PARKING LOT false X 19 193304 FAIR MARKET VALUE 0 false true true SALES OF NONCASH CONTRIBUTIONS SCHEDULE M, PART I, QUESTION 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, QUESTION 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. REVIEW OF THE FORM 990 FORM 990, PART VI, QUESTION 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. ORGANIZATION'S MONITORING OF THE CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 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. PROCESS OF DETERMINING COMPENSATION OF TOP MANAGEMENT FORM 990, PART VI, QUESTION 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. DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS PUBLIC FORM 990, PART VI, QUESTION 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. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 UNREALIZED GAINS & LOSSES ($ 3,069,468) CHANGE IN SPLIT INTEREST AGREEMENTS (1,271,759) ------------- ($ 4,341,227)