2012-07-09T12:03:05-00:00 2011-06-30 The Wesley Peachtree Group CPAs 1100 W Peachtree Street Atlanta GA 30309 990 2010-07-01 560532296 Bennett College BENN 3365172100 900 E Washington Street Greensboro NC 27401 Latonya Flamer 3365172115 2012-06-30 true 4048740555 2012-06-30 2010 2016-02-24 21:20:13Z Latonya Flamer 900 E Washington Street Greensboro NC 27401 22012965 false X www.bennett.edu X 1905 NC To offer women an education conducive to excellence in scholarly pursuits, preparation for leadership roles in the workplace, society, and the world; and lifelong learning in a technologically advanced, complex global society. To offer women an education conducive to excellence in scholarly pursuits, preparation for leadership roles in the workplace, society, and the world and lifelong learning in a technologically advanced, complex global society. 24 23 456 46 0 11431065 7120803 13728493 14623042 259686 259833 39811 9287 25459055 22012965 4891935 1618401 0 448911 553177 0 484758 22150441 19528581 27491287 21700159 -2032232 312806 49051445 57313678 28328091 34542933 20723354 22770745 To offer women an education conducive to excellence in scholarly pursuits, preparation for leadership roles in the workplace, society, and the world and lifelong learning in a technologically advanced, complex global society. false false 12966579 1618401 11139203 The Organization is an Institution of higher education and provides instruction and various support services in achieving its purpose. 2343403 3483839 Auxiliary enterprises support the Colleges mission of providing quality educational opportunities. These services include but are not limited to food service, campus housing, campus post office, parking, vending, campus stores and athletics 15309982 true true false false false false true false true true false true false true true true false true false false false false false false false false false true true true false false false false false false false false false false true true false false false false false false false false true 1044 0 456 true false false false false false false false false false false false false false false false X 24 23 false false false false false false false true true false false true true true true true true true true false NC X Latonya Flamer 3365172115 900 E Washington Street Greensboro NC 27401 Ms Yvonne Jeffries Johnson 001.00 X X 0 0 0 Mr Charles Barrentine 001.00 X X 0 0 0 Ms Deborah W Foster 001.00 X X 0 0 0 Mr Rick Anicetti 001.00 X X 0 0 0 Dr Maya Angelou 001.00 X 0 0 0 Rev Arnetta Beverly 001.00 X 0 0 0 Ms Mary Braxton-Joseph 001.00 X 0 0 0 Dr Christy Clayton 001.00 X 0 0 0 Ms Gracie P Coleman 001.00 X 0 0 0 Ms Thelma Cook 001.00 X 0 0 0 Mr Michael Diamond 001.00 X 0 0 0 Bishop Larry M Goodpaster 001.00 X 0 0 0 Ms Cynthia Hardy 001.00 X 0 0 0 Ms Andrea Harris 001.00 X 0 0 0 Dr Lisa A Johnson 001.00 X 0 0 0 Mr C Ray Kennedy 001.00 X 0 0 0 Ms Karen King 001.00 X 0 0 0 Dr Talia M McCray 001.00 X 0 0 0 Mr Jack O'Kelley III 001.00 X 0 0 0 Mr Robbie Perkins III 001.00 X 0 0 0 Ms Susie Powell 001.00 X 0 0 0 Ms Andris Y Salter 001.00 X 0 0 0 Mr Luke Visconti 001.00 X 0 0 0 Dr Julianne Malveaux 040.00 X X 195677 0 24164 Dr Esther Terry 040.00 X X 115000 0 0 Ms Iris Ramyer 040.00 X X 82500 0 0 Ms Latonya Flamer 040.00 X X 80000 0 0 Ms Andrena Coleman 040.00 X X 80000 0 0 553177 24164 2 false true false Gantt Huberman Architects 500 North Tryon Street Charlotte NC 28202 Architectural 163523 Hardin Construction 4140 Parklake Avenue - Suite 610 Raleigh NC 27612 Construction Construction 11414148 Sodexho Inc & Affiliates PO Box 5362922 Atlanta GA 303536922 Food and Food Service 1365360 Saad & Shaw Comprenensive Fund Development 67 Madison Avenue 411 Memphis TN 38103 Fund Developer 115695 S & H Construction Company 26 New Street Cambridge MA 02138 Construction Contractor 113621 5 3088002 4032801 46505 7120803 Tuition and Fees 611600 11139203 11139203 Sales and services of auxiliary enterprises 611710 3483839 3483839 14623042 259833 259833 Other Revenue 900099 9287 9287 9287 22012965 14892162 0 1618401 1618401 0 0 553177 553177 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Instruction 6608161 6608161 Public Service 73148 73148 Academic Support 2792617 2003149 789468 Student Services 1832630 1832630 Institutional Support 5878622 831090 4562774 484758 2343403 2343403 21700159 15309982 5905419 484758 3651743 2603340 537330 626990 853054 363605 3088889 2929248 7350 8901 941907 942493 58362879 24117087 25537493 34245792 10476909 11625401 3956770 3967908 49051445 57313678 5486603 3386533 19771416 29574347 1127522 1069642 1942550 512411 28328091 34542933 X 7586159 9674776 3283495 3003578 9853700 10092391 20723354 22770745 49051445 57313678 312806 1734585 X false true true X true true X 0.00000 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false false 9853700 238691 259833 259833 10092391 9869803 99485 39811 39811 115588 9853700 9672879 196924 9201 9201 9869803 1.00000 true false 3999764 3999764 42090246 18727057 23363189 158435 158435 10078634 4484249 5594385 2035800 905781 1130019 34245792 Works of Art 3939395 F Real Estate 28513 F 3967908 Allowance for investment market losses Capital Lease 512411 512411 22012965 21700159 312806 1734585 1734585 2047391 23747550 1734585 1734585 22012965 22012965 21700159 21700159 21700159 V 4 The endowment funds shown are considered permanently restricted. The College does not intend to use the funds. X 2 The Colleges policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of June 30, 2011 and 2010. Accordingly, no liability has been accrued. III 2 The College owns a collection of artwork, consisting primarily of paintings and sculptures. The College holds the artwork for public exhibition and preservation for future generations. true true true true true true true false false false false false false false false true false Part I 6a The college offers scholarships and student financial aid to assist with meeting the students financial obligations. The Financial Aid Office has the necessary policies and procedures to ensure that the college adheres to and complies with fedeal regulations regarding eligibility for student financial aid. Requirements for receiving scholarships depend on other factors such as grade point average, family income, or athletic talents. Part I 6b The College has adequate staff in its programs with eligibility guidelines to ensure compliance. The College also undergoes the required OMB Circular A-133 audit. true Privately Funded Student Scholarships 1618401 III 1 All scholarships are awarded based upon specific criteria maintained by the financial aid office. Requirements for receiving scholarships depends on other factors such as grade point average, family income or economic need. The Colleges financial aid staff monitors guidelines to ensure compliance. The College also undergoes the required OMB A-133 audit annually. X X X true true X X false false false false false false false false false Dr Julianne Malveaux 205677 24164 229841 240700 U S Department of Education 2009-09-25 9695000 For capital improvements false false U S Department of Education 2009-09-25 11305000 For capital improvements false false U S Department of Education 2010-06-30 9500000 For capital improvements false false 8622491 484695 237897 7899899 2011 false false false true false false false false false false false false false false false true true true false false false true false false false false false false X 2 26800 FMV X 1 1500 FMV Commodities 1 18205 Cost false false false Form 990 Part VI 11 The College presents the Form 900 to its finance/ audit committee for review when the form is ready. Depending on when the committee meets and the due date of the form, the Form 990 is either modified before it is filed or an amendment is filed for any changes required by the finance/ audit committee review. Form 990 Part VI 12c Trustees are required to disclose at the next convening Board of Trustees meeting any conflict of interest. Board members with a conflict of intererst with a matter for vote must abstain from voting. The Colleges audit committee is responsible for ensuring adherence to the policy. Form 990 Part VI 15a and b The Board of Trustees, based on predetermined areas of performance evaluate the work of the President of the College annually. The Boards Evaluation and Compensation Committee evaluates the performance. When additional compensation is deemed appropriate, a review of salaries of Presidents at peer institutions is conducted to assist in arriving at a recommendation to the Executive Committee for approval. Compensation for top officers of the College are at the discretion of the President. This discretion is based on 1 previous salary history, 2 market data from the CUPA survey published by the Chronicle of Higher Education and 3 the bargaining process. Form 990 Part VI 19 The College makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request. To obtain copies, contact the business office and submit a request identifying the specific documents. Form 990 Part VI Section B Line 11 The College presents the Form 900 to its finance/ audit committee for review when the form is ready. Depending on when the committee meets and the due date of the form, the Form 990 is either modified before it is filed or an amendment is filed for any changes required by the finance/ audit committee review. Form 990 Part VI Section B Line 12c Trustees are required to disclose at the next convening Board of Trustees meeting any conflict of interest. Board members with a conflict of intererst with a matter for vote must abstain from voting. The Colleges audit committee is responsible for ensuring adherence to the policy. Form 990 Part VI Section B Line 15a and b The Board of Trustees, based on predetermined areas of performance evaluate the work of the President of the College annually. The Boards Evaluation and Compensation Committee evaluates the performance. When additional compensation is deemed appropriate, a review of salaries of Presidents at peer institutions is conducted to assist in arriving at a recommendation to the Executive Committee for approval. Compensation for top officers of the College are at the discretion of the President. This discretion is based on 1 previous salary history, 2 market data from the CUPA survey published by the Chronicle of Higher Education and 3 the bargaining process. Form 990 Part VI Section C Line 19 The College makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request. To obtain copies, contact the business office and submit a request identifying the specific documents.