2012-05-15T15:22:57-05:00 2011-06-30 BKD LLP 2800 Post Oak Blvd Ste 3200 HOUSTON TX 77056 990 2010-07-01 720408915 CENTENARY COLLEGE OF LOUISIANA CENT 3188695101 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 WILLIAM H BALLARD 2012-05-15 true M Paige Gerich 7134994600 2010 2016-02-24 21:20:13Z B DAVID ROWE 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 42688791 false X WWW.CENTENARY.EDU X 1825 LA PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 800 UNDERGRADUATE STUDENTS AND 100 GRADUATE STUDENTS. 42 38 760 100 98827 63480 7419136 6825148 19968526 19175487 2455839 3260130 2876121 1841436 32719622 31102201 11526156 10955593 0 0 14013634 12754666 15837 0 1456130 10920700 10268045 36476327 33978304 -3756705 -2876103 149568846 163706882 20555458 21008099 129013388 142698783 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 24563187 10955593 19175487 PROVIDE UNDERGRADUATE AND GRADUATE EDUCATION IN A VARIETY OF PROGRAMS TO APPROXIMATELY 800 UNDERGRADUATE AND 100 GRADUATE STUDENTS. 24563187 true true false true 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 false false false false true true false false false false false false false false false true 66 0 true 760 true true true false false false false true true false false false false X 42 38 true false false false false false false true true false false true true true true true true true false false X WILLIAM H BALLARD 3188695012 2911 CENTENARY BOULEVARD SHREVEPORT LA 71104 DR DAVID B ROWE 40.0 X X 211592 0 8330 EDWARD J CRAWFORD III 1.0 X X 0 0 0 GEORGE D NELSON JR 1.0 X X 0 0 0 AUSTIN G ROBERTSON JR 1.0 X X 0 0 0 JOHN F GEORGE JR 1.0 X X 0 0 0 WILLIAM G ANDERSON 1.0 X X 0 0 0 REV DR CHRIS H ANDREWS 1.0 X 0 0 0 C ELLIS BROWN JR 1.0 X 0 0 0 DR KENNETH Q CARLILE 1.0 X 0 0 0 C WALTER DOBIE 1.0 X 0 0 0 G ARCHER FRIERSON II 1.0 X 0 0 0 ROBERT B HAMM 1.0 X 0 0 0 O DELTON HARRISON JR 1.0 X 0 0 0 JANE HUTCHINSON JAMES 1.0 X 0 0 0 THOMAS E MCELROY 1.0 X 0 0 0 CHARLES B SIMMONS 1.0 X 0 0 0 MURRAY W VISER 1.0 X 0 0 0 JOHN ATKINS 1.0 X 0 0 0 DAVID BARLOW 1.0 X 0 0 0 EUGENE W BRYSON JR 1.0 X 0 0 0 KENNETH M FISHER 1.0 X 0 0 0 DARYL FULTZ 1.0 X 0 0 0 J JOSEPH HARDT 1.0 X 0 0 0 PAUL MICHAEL MANN 1.0 X 0 0 0 CAROL BORNE SPENCER 1.0 X 0 0 0 CARL E STEWART 1.0 X 0 0 0 W JUAN WATKINS 1.0 X 0 0 0 NANCY M CARRUTH 1.0 X 0 0 0 J STAFFORD COMEGYS 1.0 X 0 0 0 PERCY V HUBBARD 1.0 X 0 0 0 MR ROY S HURLEY 1.0 X 0 0 0 DARYL W MITCHELL 1.0 X 0 0 0 JEFFREY W ROBERTSON 1.0 X 0 0 0 ANDREW W SHEHEE 1.0 X 0 0 0 NANCY BOONE WORD 1.0 X 0 0 0 WILLIAM W HUTCHINSON 1.0 X 0 0 0 DONALD R AVERY 1.0 X 0 0 0 MICHAEL WOOLBERT 1.0 X 0 0 0 MATT BLANCHARD 1.0 X 0 0 0 MATT WEEKS 1.0 X 51508 0 10104 DAVID OTTO 1.0 X 73973 0 14476 HARRY MCINNIS 1.0 X 0 0 0 WILLIAM H BALLARD 40.0 X 135712 0 7405 DAVID VOSKULL 40.0 X 112672 0 8030 DR MICHAEL HEMPHILL 40.0 X 87171 0 2730 DR KATHY FELL 40.0 X 83533 0 21970 DR DAN KECK 40.0 X 80409 0 0 BETSY EAVES 40.0 X 66048 0 6073 WARREN S RAWLES 40.0 X 10106 0 0 DR CHRIS MARTIN 40.0 X 131629 0 0 DR JAMES CLARK 40.0 X 127990 0 3520 DR MARK GRUETTNER 40.0 X 118538 0 45270 DR SCOTT VETTER 40.0 X 107843 0 3520 DR BARBARA DAVIS 40.0 X 102914 0 18620 DR KENNETH SCHWAB 40.0 X 238765 0 0 1740403 0 150048 14 true true false EIIA 200 S WACKER SUITE 1000 CHICAGO IL 60606 INSURANCE 344837 SODEXO INC AFFILIATES PO BOX 536922 ATLANTA GA 303536922 FOOD SERVICES 1386010 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 FACILITY MAINT SVCS 335146 GROUP PENSION ADMINISTRATORS INC PO BOX 971587 DALLAS TX 753971587 EMPLOYEE BENEFITS 329708 CARAWAY TRAVEL 3611 YOUREE DRIVE SHREVEPORT LA 71105 TRAVEL SERVICES 191568 11 28578 809799 5986771 1192501 6825148 TUITION AND FEES 611710 19175487 19175487 19175487 2494152 73300 2420852 0 489403 489403 123725 2456 121269 121269 121269 8415721 500 7642452 7791 773269 -7291 765978 765978 27652 28578 8087 19565 19565 0 4739833 3925804 814029 814029 MISCELLANEOUS REVENUE 900099 618716 618716 TL JAMES & COMPANY 900099 25527 25527 LOSS ON DEBT EXTINGUISHMENT 900099 -247073 -247073 397170 31102201 19175487 98827 5002739 0 10955593 10955593 0 0 975354 448976 422260 104118 0 9712069 7395026 1454373 862670 374000 298045 45281 30674 938949 613569 236923 88457 754294 566394 125469 62431 0 54037 196 53841 103800 103800 94928 94928 0 0 789728 290672 483988 15068 0 1323702 904846 315574 103282 81616 12728 60294 8594 0 2128290 423743 1704547 1772854 1601425 89221 82208 0 0 837946 423885 414061 0 1550723 1550723 500014 166985 333029 EQUIPMENT RENTAL & MAINTENANCE 141001 139716 1285 TUITION REMISSION 353800 353800 DUES & MEMBERSHIPS 179702 93691 85777 234 TAXES & LICENSES 82939 3015 79924 MISCELLANEOUS EXPENSES 272965 224682 46102 2181 33978304 24563187 7958987 1456130 2114871 4444501 4593109 4721758 556361 158037 495343 519358 366419 439996 64528972 35868737 29941389 28660235 88636990 98510863 166611 149021 22697753 26103113 149568846 163706882 4425982 4621702 508267 511437 671427 481788 14539090 14940000 32343 24614 378349 428558 20555458 21008099 X 19145197 17794930 25431566 35046463 84436625 89857390 129013388 142698783 149568846 163706882 X -2876103 16561498 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 true 94928 false 94928 false 0 1193792 X X X X X PUBLIC EDUCATION false 107208147 3019914 20146690 4681830 415561 125277360 98719393 663294 12934008 4711522 397026 107208147 117871784 6777374 -16414513 9079601 435651 98719393 0.17000 0.83000 0.00000 true false 2329976 2329976 983333 44418946 24559242 20843037 1150993 219904 931089 15368499 11089591 4278908 277225 277225 28660235 FUNDS HELD IN TRUST BY OTHERS 23075134 RESTRICTED CASH 2671547 OTHER ASSETS 356432 26103113 0 ASSETS HELD IN CUSTODY 177518 LIABILITY ON ANNUITY CONTRACTS 251040 428558 31102201 33978304 -2876103 13468779 3092720 16561499 13685396 40879786 13468779 7029067 20497846 20381940 10720261 10720261 31102201 27194390 3936347 3936347 23258043 10720261 10720261 33978304 ORGANIZATION'S COLLECTION AND EXEMPT PURPOSE 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 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. REVENUE ON AUDIT, NOT ON TAX RETURN PART XII, QUESTION 2D AUXILIARY EXPENSES NETTED WITH REVENUE $3,925,804 CHANGE IN SPLIT INTEREST AGREEMENTS 3,092,720 FUNDRAISING EXPENSES INCLUDED IN REVENUE 8,087 RENTAL EXPENSES INCLUDED IN REVENUE 2,456 ---------- $7,029,067 EXPENSES ON AUDIT, NOT ON TAX RETURN PART XIII, QUESTION 2D AUXILIARY EXPENSES NETTED WITH REVENUE $3,925,804 FUNDRAISING EXPENSES INCLUDED IN REVENUE 8,087 RENTAL EXPENSES INCLUDED IN REVENUE 2,456 ----------- $3,936,347 OTHER CHANGES IN NET ASSETS PART XI, QUESTION 8 CHANGE IN SPLIT INTEREST AGREEMENTS $3,092,720 REVENUES PER TAX RETURN, NOT AUDIT PART XII, QUESTION 4B SCHOLARSHIPS $10,720,261 EXPENSES PER TAX RETURN, NOT AUDIT PART XIII, QUESTION 4B SCHOLARSHIPS $10,720,261 UNCERTAIN TAX POSITIONS UNDER FIN 48 PART X, QUESTION 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. 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 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 QUESTION 6A THE ORGANIZATION RECEIVES PERKINS AWARDS, PELL, SEOG, ACG, SMART, WORK STUDY, STAFFORD AND PLUS LOANS. GOLF TOURNEY 15650 10978 4672 344 CLC DINNER 40580 17600 22980 7743 0 56230 28578 27652 8087 8087 19565 true SCHOLARSHIPS AND AWARDS 801 10955593 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. 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 true false false false false false false false false DR KENNETH SCHWAB 1924 0 0 0 236841 0 0 0 0 0 238765 0 0 0 DR DAVID B ROWE 211592 0 0 0 0 0 0 0 8330 0 219922 0 0 0 DR MARK GRUETTNER 53775 0 0 0 64763 0 0 0 45270 0 163808 0 0 0 WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF EXPENSES 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. PAYMENT OF SEVERANCE BY THE ORGANIZATION PART I, QUESTION 4A THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS FROM THE ORGANIZATION DURING THE TAX YEAR: DR KENNETH L SCHWAB $ 236,241 DR JAMES CLARK 75,205 DR MARK GRUETTNER 64,595 PAYMENT OR REIMBURSEMENT OR PROVISION OF EXPENSES 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. 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 12538118 2250000 2012 true false true true false false false false false 0.00000 0.00000 0.00000 true false false false false false false QUERBES NELSON NELSON, OFFICER, ON BOARD 153013 COMMISSIONS AND FEES false X 11 1192501 FAIR MARKET VALUE 0 false false true SALES OF NONCASH CONTRIBUTIONS 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. FAMILY/BUSINESS RELATIONSHIPS 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. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, QUESTION 11 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, 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. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION 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. GOVERNING DOCUMENTS AVAILABLE TO THE 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 DR MATT WEEKS AND DAVID OTTO 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, QUESTION 5 UNREALIZED GAINS & LOSSES $13,468,779 CHANGE IN SPLIT INTEREST AGREEMENTS 3,092,720 ----------- $16,561,499