2012-05-07T11:32:28-05:00 2011-06-30 WILLIAMS-KEEPERS LLC 2005 WEST BROADWAY SUITE 100 COLUMBIA MO 65203 990 2010-07-01 710246213 LYON COLLEGE LYON 5017939813 PO BOX 2317 2300 HIGHLAND ROAD BATESVILLE AR 72501 KENNETH J REUTER 8703077326 2012-05-01 1 STEPHEN C SMITH 5734426171 2010 2016-02-24 21:20:13Z KENNETH J REUTER 2300 HIGHLAND DRIVE BATESVILLE AR 72503 21218505 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. 39 39 500 8 4701 0 2639796 1743285 14203341 16142314 1425426 1209875 834271 -78396 19102834 19017078 6426759 7124936 0 0 7595376 7638237 0 0 546446 8681292 9277332 22703427 24040505 -3600593 -5023427 65647721 69246874 17706521 20957266 47941200 48289608 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 11225140 12605181 INSTRUCTION & OTHER ACADEMIC PROGRAMS AND ACADEMIC SUPPORT - UNDERGRADUATE AND NON-CREDIT CLASSES ARE PROVIDED. 7124936 7124936 STUDENT AID AND STUDENT LOANS - SCHOLARSHIPS, WORK STUDY PROGRAMS, AND LOANS ARE MADE AVAILABLE TO ENABLE STUDENTS TO CONTINUE THEIR EDUCATIONS. 2206651 3532432 STUDENT SERVICES & AUXILLARY ENTERPRISES - HOUSING, FOOD SERVICES, AND BOOKSTORE ACTIVITIES ARE PROVIDED AS A SERVICE TO THOSE ON CAMPUS TO ENHANCE CAMPUS LIFE. 20556727 1 1 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 0 1 82 0 1 500 0 1 1 0 0 0 0 0 0 0 0 0 X 39 39 1 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 MS KAY KELLEY ARNOLD 0.50 X 0 0 0 MR DON BEDELL 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 RICKY DAVIS '80 0.50 X 0 0 0 REVEREND WILLIAM F GALBRAITH 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 MR ERIC HANCE '78 0.50 X 0 0 0 REV STEPHEN HANCOCK 0.50 X 0 0 0 MR PAUL K HOLMES III 0.50 X 0 0 0 MRS BARBARA HOOVER 0.50 X 0 0 0 MR DAVID L JONES '99 0.50 X 0 0 0 MR RAYMOND A LACROIX JR 0.50 X X 0 0 0 MRS DIANNE LAMBERTH 0.50 X 0 0 0 MS JORDAN LUPO '09 0.50 X 0 0 0 MS MARTHA MILLER '73 0.50 X 0 0 0 MR MARK NICHOLS 0.50 X 0 0 0 MS BRIDGET NUTT '10 0.50 X 0 0 0 MS SARAH L OQUIST '93 0.50 X 0 0 0 MR BOBBY OSBORNE '65 0.50 X 0 0 0 MR W LEN RAYBURN '91 0.50 X 0 0 0 DR TARA REYNOLDS '95 0.50 X 0 0 0 MR DOYLE W ROGERS JR 0.50 X 0 0 0 MR JAMES RUTHERFORD III 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 STEWART SMITH 0.50 X 0 0 0 MR WARREN STEPHENSON 0.50 X 0 0 0 DR BILL L TRANUM 0.50 X 0 0 0 MR CHARLES B WHITESIDE III 0.50 X X 0 0 0 MS DEBORAH WILLHITE '74 0.50 X 0 0 0 MR STEPHEN P WILLIAMS '82 0.50 X X 0 0 0 MR PERRY WILSON 0.50 X 0 0 0 DR R SLOAN WILSON 0.50 X 0 0 0 DR ROBERT YOUNG III 0.50 X 0 0 0 DR DONALD WEATHERMAN 40.00 X 208422 0 37126 KENNETH J RUETER 40.00 X 117564 0 24987 DAVID L HERINGER 40.00 X 109815 0 10920 435801 0 73033 3 0 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 DINING, PHYSICAL PLANT & SECURITY 2223528 RCI SERVICES 330 W COLLEGE BATESVILLE AR 72501 HEAT/AIR SERVICE 185818 COMMERCIAL LETTER 725 N 23RD STREET ST LOUIS MO 63103 MAILING SERVICES 156420 3 1125579 617706 159600 1743285 TUITION & FEES 900099 16087310 16087310 INTEREST ON LOANS 900099 50303 50303 DINING HALL 722320 4701 4701 16142314 1097405 1097405 18945 225544 -206599 -206599 -206599 2015687 1903217 112470 112470 112470 68953 72666 -3713 -3713 MISCELLANEOUS 900099 297544 297544 ANNUITIES ADJUSTMENT 900099 -165628 -165628 131916 19017078 16137613 4701 1131479 7124936 7124936 355308 92158 205551 57599 5828001 4845405 787900 194696 1454928 1167037 229579 58312 15655 15655 60728 60728 94411 94411 227805 227805 83316 26101 49570 7645 729948 381937 304048 43963 10072 10072 2964475 1239991 1722006 2478 478434 433674 22762 21998 8025 8011 14 613975 472881 141094 1385127 1143085 242042 267372 73187 194185 STUDENT SERVICE AND OTH 1028514 1028514 FOOD SERVICE CONTRACT 753502 753502 RECRUITING/PROFESSIONAL 165077 89597 75480 UPWARD BOUND EXPENSE 93603 93603 MISCELLANEOUS EXPENSE 88498 -13251 96197 5552 208795 1594298 -1539692 154189 24040505 20556727 2937332 546446 1197366 988437 961943 711983 6156570 5302664 842254 1017512 702014 600006 58143 42999 831999 1036644 49599185 30770899 19147065 18828286 29281918 34142895 6333726 6497040 134723 78408 65647721 69246874 911590 1039605 14430000 15930000 2272 2458 763518 2362659 3221685 17706521 20957266 X -1160044 -642446 5060717 4771821 44040527 44160233 47941200 48289608 65647721 69246874 X -5023427 5371835 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 34902543 160668 6190109 531768 1268232 39453320 32701545 1542177 2491676 562018 1270837 34902543 39480552 615220 -4810915 1762115 821197 32701545 0.03730 0.96270 1 0 101100 802916 904016 1536892 35403033 17545482 19394443 3459483 -3459483 9737163 7953848 1783315 2018081 1812086 205995 18828286 FUNDS HELD IN TRUST BY OTHERS 5502860 F CERTIFICATES OF DEPOSIT 602359 F CERTIFICATES OF DEPOSIT 56755 C OTHER INVESTMENTS 247649 F OTHER INVESTMENTS 87417 C 6497040 ANNUITIES PAYABLE 514910 STUDENT DEPOSITS 208630 CONDITIONAL ASSET RETIREMENT OBLIGA 806716 FEDERAL CONTRIBUTION PAYABLE 656174 ACCRUED INTEREST PAYABLE 251556 DEFERRED INSURANCE PROCEEDS 783699 3221685 19017078 24040505 -5023427 5371835 5371835 348408 17467776 5371835 298210 5670045 11797731 7219347 7219347 19017078 17119368 298210 298210 16821158 7219347 7219347 24040505 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 XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME 225,544. AMOUNT REPORTED AS COST OF GOODS SOLD 72,666. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 7,124,936. INVESTMENT FEES 94,411. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME 225,544. AMOUNT REPORTED AS COST OF GOODS SOLD 72,666. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 7,124,936. INVESTMENT FEES 94,411. 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 652 7124936 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 0 1 0 0 0 0 0 0 0 0 0 DR DONALD WEATHERMAN 208422 0 0 0 0 0 0 0 37126 0 245548 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 (DISCRETIONARY SPENDING ACCOUNT, PERSONAL RESIDENCE AND SOCIAL CLUB DUES). 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. INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG4 2006-10-26 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG6 2003-10-07 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BH2 2009-09-29 2930000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BJ8 2010-06-16 3000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 5000000 28500 4971500 2009 0 0 1 1 5000000 5000000 2006 0 0 1 1 2930000 39649 2890351 2009 0 1 1 1 3000000 28700 2971300 2011 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 FRANK LYON JR FORMER TRUSTEE 603430 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 8 159600 AVG PRICE, DATE OF GIFT 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS DOYLE ROGERS, JR AND BARBARA HOOVER ARE RELATED. 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 5: NET UNREALIZED GAINS ON INVESTMENTS: 5,371,835. THE PROCESS FOR MONITORING THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM PRIOR YEAR.