LAGRANGE COLLEGE: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LAGRANGE COLLEGE (EIN 58-0566199)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-12
- IRS object ID
- 202341329349308424
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-12T16:25:49-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 580692043 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAULDIN & JENKINS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 GALLERIA PKWY SE STE 1700 | AddressLine1Txt |
| City | ATLANTA | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 303395946 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580566199 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAGRANGE COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAGR | BusinessNameControlTxt |
| Phone | 7708808000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 BROAD STREET | AddressLine1Txt |
| City | LAGRANGE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30240 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JERRY FORSTER | PersonNm |
| Person Title | VP - FINANCE AND OPERATIONS | PersonTitleTxt |
| Phone | 7708808000 | PhoneNum |
| Signature | 2023-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JERRY | PersonFirstNm |
| Person Last | FORSTER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARY JO ALEXANDER | PreparerPersonNm |
| PTIN | P00002534 | PTIN |
| Phone | 7709558600 | PhoneNum |
| Preparation | 2023-05-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR SUSANNA BAXTER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 BROAD STREET | AddressLine1Txt |
| City | LAGRANGE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $43,479,655 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LAGRANGE.EDU | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1831 | FormationYr |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Activity Or Mission | EDUCATION - LAGRANGE COLLEGE CHALLENGES THE MINDS AND INSPIRES THE SOULS OF ITS STUDENTS FOUNDED IN 1831 AND COMMITTED TO ITS RELATIONSHIP WITH THE UNITED METHODIST CHURCH AND ITS WESLEYAN AND LIBERAL ARTS TRADITIONS, THE COLLEGE SUPPORTS STUDENTS IN THEIR SEARCH FOR TRUTH IN AN ETHICAL AND CARING COMMUNITY VALUING CIVILITY, DIVERSITY, SERVICE AND EXCELLENCE. LAGRANGE COLLEGE PREPARES STUDENTS TO BECOME SUCCESSFUL, RESPONSIBLE CITIZENS WHO ASPIRE TO LIVE LIVES OF INTEGRITY AND MORAL COURAGE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 34 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 629 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $25,978 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $22,597 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,519,159 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,978,419 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $31,097,033 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $25,967,890 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,734,925 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,490,108 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,615 | PYOtherRevenueAmt |
| CY Other Revenue | $38,662 | CYOtherRevenueAmt |
| PY Total Revenue | $43,354,732 | PYTotalRevenueAmt |
| CY Total Revenue | $43,475,079 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,815,901 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $12,141,981 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,482,910 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,375,120 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $581,590 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,367,747 | PYOtherExpensesAmt |
| CY Other Expenses | $13,957,129 | CYOtherExpensesAmt |
| PY Total Expenses | $39,666,558 | PYTotalExpensesAmt |
| CY Total Expenses | $37,474,230 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,688,174 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $6,000,849 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $157,918,154 | TotalAssetsBOYAmt |
| Total Assets EOY | $157,765,322 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35,545,737 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $40,376,290 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $122,372,417 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $117,389,032 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | EDUCATION - LAGRANGE COLLEGE CHALLENGES THE MINDS AND INSPIRES THE SOULS OF ITS STUDENTS. FOUNDED IN 1831 AND COMMITTED TO ITS RELATIONSHIP WITH THE UNITED METHODIST CHURCH AND ITS WESLEYAN AND LIBERAL ARTS TRADITIONS, THE COLLEGE SUPPORTS STUDENTS IN THEIR SEARCH FOR TRUTH IN AN ETHICAL AND CARING COMMUNITY VALUING CIVILITY, DIVERSITY, SERVICE AND EXCELLENCE. LAGRANGE COLLEGE PREPARES STUDENTS TO BECOME SUCCESSFUL, RESPONSIBLE CITIZENS WHO ASPIRE TO LIVE LIVES OF INTEGRITY AND MORAL COURAGE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $31,507,221 | ExpenseAmt |
| Grant | $12,141,981 | GrantAmt |
| Revenue | $25,965,568 | RevenueAmt |
| Desc | LAGRANGE COLLEGE OFFERS AN ASSOCIATE OF SCIENCE DEGREE WITH 1 MAJOR, AND A BACHELOR OF ARTS DEGREE WITH 16 MAJORS, A BACHELOR OF SCIENCE DEGREE IN 5 AREAS, A BACHELOR OF BUSINESS ADMINISTRATION, A BACHELOR OF MUSIC, AND A BACHELOR OF SCIENCE DEGREE IN NURSING. THE COLLEGE ALSO OFFERS THE MASTER OF ARTS IN TEACHING, THE MASTER OF EDUCATION, THE EDUCATIONAL SPECIALIST, AND THE MASTER OF ARTS IN CLINICAL MENTAL HEALTH COUNSELING. IN ADDITION, DURING THE 2021-2022 ACADEMIC YEAR, THERE WERE 583 UNDERGRADUATE AND 60 GRADUATE STUDENTS ENROLLED AT THE COLLEGE. OF THAT NUMBER 383 WERE RESIDENTIAL. DURING THE SPRING 2022 COMMENCEMENT, THE COLLEGE AWARDED 198 DEGREES. DURING THE YEAR, THERE WERE 352 STUDENTS WHO PARTICIPATED IN AT LEAST ONE OF THE COLLEGE'S NCAA DIVISION III ATHLETIC PROGRAMS. | Desc |
| Total Program Service Expenses | $31,507,221 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | Yes (1) | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 26 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 629 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 34 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JERRY FORSTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7068808232 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 BROAD STREET | AddressLine1Txt |
| City | LAGRANGE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30240 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| SUSANNA BAXTER | |||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $272,250 | $0 | $24,537 | |
| DEBORAH HALL | |||||||
| VP - FINANCE AND OPERATIONS | 40.00 | Yes (X) | $157,289 | $0 | $11,616 | ||
| KAREN AUBREY | |||||||
| VICE PRESIDENT FOR ACADEMIC AFFAIRS | 40.00 | $154,760 | $0 | $3,100 | Yes (X) | ||
| REBECCA NICKS | |||||||
| DEVELOPMENT | 40.00 | $125,218 | $0 | $10,816 | Yes (X) | ||
| BRIAN CARLISLE | |||||||
| STUDENT ENGAGEMENT | 40.00 | $115,044 | $0 | $7,478 | Yes (X) | ||
| MARANAH SAUTER | |||||||
| ASSOCIATE VPAA, PROFESSOR | 40.00 | $110,311 | $0 | $10,643 | Yes (X) | ||
| GREG MCCLANAHAN | |||||||
| PROFESSOR | 40.00 | $106,510 | $0 | $10,482 | Yes (X) | ||
| ROBERT L CARMICHAEL JR | |||||||
| TRUSTEE-CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHY R MCCOLLUM | |||||||
| TRUSTEE-CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WILLIAM M HODGES | |||||||
| TRUSTEE-VICE CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| H SPEER BURDETTE III | |||||||
| TRUSTEE-SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANIL R MODI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS C EDWARDS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DANIEL T BROWN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEEDEE G WILLIAMS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD A MONTAG | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD D SMITH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE F WHEELOCK III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GEORGE W BAKER JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG W WRIGHT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| J KENNERLY BOATWRIGHT III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES M WOOD III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE F RAGLAND JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KEITH SHURBUTT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KELLY D CAIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LAURANNE BUCHANAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDA COLE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MITCHELL T KEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| OLUGBENGA O OBASANJO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL S PENN III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| R COLEMAN FOSS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD S SIMMONS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT D HAWKINS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SONYA S GAITHER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUE MARIE WADDELL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM F MCRAE JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHEARON GLOVER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TIM IRWIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| T SCOTT MALONE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES I PACE JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM PLYBON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,041,382 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $78,672 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NATIONAL MANAGEMENT RESOURCES CORPORATIO | |||||
| P O BOX 1224 | LAGRANGE | GA | 30241 | MAINTENANCE AND HOUSEKEEPING SERVICES | $1,587,614 |
| ARAMARK CORPORATION | |||||
| P O BOX 16 BROAD STREET | LAGRANGE | GA | 30240 | DINING & CATERING SERVICE | $1,501,712 |
| GROUP & PENSION ADMINISTRATORS INC | |||||
| POST OFFICE BOX 971587 | DALLAS | TX | 753971597 | TPA SERVICE PROVIDER | $402,229 |
| SECURITAS SECURITY SERVICES USA INC | |||||
| P O BOX 403412 | ATLANTA | GA | 303843412 | SECURITY SERVICES | $200,550 |
| WECARE TLC LLC | |||||
| 120 CROWN OAK CENTRE DR | LONGWOOD | FL | 32750 | MEDICAL CLINIC SERVICES | $168,372 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $6,450 | FundraisingAmt |
| Government Grants | $8,592,126 | GovernmentGrantsAmt |
| All Other Contributions | $3,379,843 | AllOtherContributionsAmt |
| Noncash Contributions | $1,435,044 | NoncashContributionsAmt |
| Total Contributions | $11,978,419 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| GROSS TUITION & FEES | 611310 | $20,375,099 | $20,375,099 | |
| ROOM AND BOARD | 611310 | $4,437,921 | $4,437,921 | |
| OTHER MISC FEES | 900099 | $907,727 | $907,727 | |
| CAMPUS BOOKSTORE | 451211 | $116,083 | $113,761 | $2,322 |
| ATHLETIC TICKET SALES | 713990 | $82,415 | $82,415 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,645 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,645 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $25,967,890 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $719,575 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $23,656 | UnrelatedBusinessRevenueAmt |
| Exclusion | $695,919 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,627,645 | SecuritiesAmt |
| Other | $142,888 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,627,645 | SecuritiesAmt |
| Other | $142,888 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,770,533 | TotalRevenueColumnAmt |
| Exclusion | $4,770,533 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $5,518 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $6,450 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $4,576 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $942 | TotalRevenueColumnAmt |
| Exclusion | $942 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| INSURANCE PROCEEDS | 900099 | $36,807 | $36,807 |
| CAMPUS VENDING | 900099 | $913 | $913 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $37,720 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,475,079 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,965,568 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $25,978 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,505,114 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,141,981 | TotalAmt |
| Program Services | $12,141,981 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,691 | TotalAmt |
| Program Services | $168,904 | ProgramServicesAmt |
| Management And General | $222,590 | ManagementAndGeneralAmt |
| Fundraising | $74,197 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,549 | TotalAmt |
| Management And General | $49,162 | ManagementAndGeneralAmt |
| Fundraising | $16,387 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,826,967 | TotalAmt |
| Program Services | $7,094,666 | ProgramServicesAmt |
| Management And General | $1,423,992 | ManagementAndGeneralAmt |
| Fundraising | $308,309 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,494 | TotalAmt |
| Program Services | $97,243 | ProgramServicesAmt |
| Management And General | $11,727 | ManagementAndGeneralAmt |
| Fundraising | $5,524 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,238,143 | TotalAmt |
| Program Services | $1,023,457 | ProgramServicesAmt |
| Management And General | $148,572 | ManagementAndGeneralAmt |
| Fundraising | $66,114 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $664,276 | TotalAmt |
| Program Services | $541,601 | ProgramServicesAmt |
| Management And General | $85,476 | ManagementAndGeneralAmt |
| Fundraising | $37,199 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,658 | TotalAmt |
| Program Services | $44,965 | ProgramServicesAmt |
| Management And General | $45,693 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,130 | TotalAmt |
| Management And General | $118,130 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,085 | TotalAmt |
| Management And General | $151,085 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,049 | TotalAmt |
| Program Services | $203,049 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,338 | TotalAmt |
| Program Services | $7,213 | ProgramServicesAmt |
| Management And General | $23,871 | ManagementAndGeneralAmt |
| Fundraising | $3,254 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,490,140 | TotalAmt |
| Program Services | $2,856,264 | ProgramServicesAmt |
| Management And General | $627,677 | ManagementAndGeneralAmt |
| Fundraising | $6,199 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $597,596 | TotalAmt |
| Program Services | $500,538 | ProgramServicesAmt |
| Management And General | $95,121 | ManagementAndGeneralAmt |
| Fundraising | $1,937 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,780,798 | TotalAmt |
| Program Services | $1,533,064 | ProgramServicesAmt |
| Management And General | $246,471 | ManagementAndGeneralAmt |
| Fundraising | $1,263 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,488,304 | TotalAmt |
| Program Services | $2,015,526 | ProgramServicesAmt |
| Management And General | $471,429 | ManagementAndGeneralAmt |
| Fundraising | $1,349 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,957 | TotalAmt |
| Program Services | $18,717 | ProgramServicesAmt |
| Management And General | $2,954 | ManagementAndGeneralAmt |
| Fundraising | $1,286 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OPERATIONAL SUPPLIES AN | $3,010,744 | $1,554,143 | $1,400,973 | $55,628 |
| FOOD SERVICE | $1,382,068 | $1,382,068 | ||
| DUES & SUBS | $309,381 | $98,738 | $207,699 | $2,944 |
| NON-CAP FURNITURE & EQU | $277,881 | $225,084 | $52,797 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,474,230 | TotalAmt |
| Program Services | $31,507,221 | ProgramServicesAmt |
| Management And General | $5,385,419 | ManagementAndGeneralAmt |
| Fundraising | $581,590 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,357,912 | BOYAmt |
| EOY | $4,933,500 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,708,260 | BOYAmt |
| EOY | $3,089,202 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,440,570 | BOYAmt |
| EOY | $7,627,331 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,484,605 | BOYAmt |
| EOY | $11,446,346 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $197,713 | BOYAmt |
| EOY | $219,328 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,409 | BOYAmt |
| EOY | $333,413 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $135,225,708 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $69,657,028 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,517,617 | BOYAmt |
| EOY | $65,568,680 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,920,220 | BOYAmt |
| EOY | $54,460,095 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,363,242 | BOYAmt |
| EOY | $1,764,246 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,538,606 | BOYAmt |
| EOY | $8,323,181 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,918,154 | BOYAmt |
| EOY | $157,765,322 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,402,015 | BOYAmt |
| EOY | $2,715,070 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,690 | BOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,196,130 | BOYAmt |
| EOY | $35,627,258 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $593,612 | BOYAmt |
| EOY | $24,739 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,489,065 | BOYAmt |
| EOY | $1,395,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,594,225 | BOYAmt |
| EOY | $614,223 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,545,737 | BOYAmt |
| EOY | $40,376,290 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,430,124 | BOYAmt |
| EOY | $51,180,228 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,942,293 | BOYAmt |
| EOY | $66,208,804 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $122,372,417 | BOYAmt |
| EOY | $117,389,032 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,918,154 | BOYAmt |
| EOY | $157,765,322 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $6,000,849 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$10,856,897 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$127,337 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $1,481,259 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $61,084,679 | BeginningYearBalanceAmt |
| Contributions | $1,882,546 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,297,315 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,605,258 | OtherExpendituresAmt |
| End Year Balance | $54,064,652 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,401,939 | BeginningYearBalanceAmt |
| Contributions | $1,694,445 | ContributionsAmt |
| Investment Earnings Or Losses | $14,544,904 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,556,609 | OtherExpendituresAmt |
| End Year Balance | $61,084,679 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,005,237 | BeginningYearBalanceAmt |
| Contributions | $1,620,697 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,451,622 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,772,373 | OtherExpendituresAmt |
| End Year Balance | $48,401,939 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $49,410,407 | BeginningYearBalanceAmt |
| Contributions | $4,573,737 | ContributionsAmt |
| Investment Earnings Or Losses | $1,769,050 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,747,957 | OtherExpendituresAmt |
| End Year Balance | $53,005,237 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $48,888,893 | BeginningYearBalanceAmt |
| Contributions | $1,530,967 | ContributionsAmt |
| Investment Earnings Or Losses | $2,190,548 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,200,001 | OtherExpendituresAmt |
| End Year Balance | $49,410,407 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00350 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.99650 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,730,471 | OtherCostOrOtherBasisAmt |
| Book Value | $8,730,471 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $109,309,409 | OtherCostOrOtherBasisAmt |
| Depreciation | $57,029,981 | DepreciationAmt |
| Book Value | $52,279,428 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,076,589 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,161,219 | DepreciationAmt |
| Book Value | $915,370 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,109,239 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,465,828 | DepreciationAmt |
| Book Value | $3,643,411 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $65,568,680 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (7 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SURRENDER VALUE LIFE INSURANCE | $29,301 |
| BENEFICIAL INTEREST IN PERPETUAL TRUSTS | $2,238,415 |
| REMAINDER INTEREST TRUSTS | $21,855 |
| DUE FROM RELATED PARTY | $1,510,696 |
| HELD FOR SALE | $399,900 |
| RIGHT OF USE ASSET | $69,180 |
| RESTRICTED DEPOSITS | $4,053,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $8,323,181 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCES FROM FEDERAL GOVERNMENT | $376,665 |
| ANNUITIES PAYABLE | $96,037 |
| CAPITAL LEASE | $141,521 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $614,223 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $21,651,504 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$10,856,897 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $2,400 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$10,822,569 | OtherRevenueAmt |
| Revenue Not Reported | -$21,677,066 | RevenueNotReportedAmt |
| Revenue Subtotal | $43,328,570 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $151,085 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$4,576 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $146,509 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $43,475,079 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $26,634,889 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $2,400 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $4,576 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $6,976 | ExpensesNotReportedAmt |
| Expenses Subtotal | $26,627,913 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $151,085 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $10,695,232 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $10,846,317 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $37,474,230 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | LAGRANGE COLLEGE BEGAN ESTABLISHING AN ART COLLECTION IN THE 1960S UNDER THE LEADERSHIP OF PRESIDENT WAIGHTS G HENRY. THE COLLEGE LATER BECAME A BENEFICIARY OF A COLLECTION OF LAMAR DODD PAINTINGS AND DRAWINGS, WHO LIVED ACROSS THE STREET FROM MR. FULLER CALLAWAY. DODD ENJOYED A LONG AND DISTINGUISHED ASSOCIATION WITH THE COLLEGE, AND THE COLLEGE'S ART CENTER WAS NAMED IN HIS HONOR. OVER THE YEARS OTHER COLLECTIONS WERE CONTRIBUTED TO THE COLLEGE THROUGH THE CALLAWAY FOUNDATION AND PRIVATE DONORS, MAKING IT A MAJOR PEDAGOGICAL COLLECTION FOR THE BENEFIT OF OUR STUDENTS. IT IS A TREMENDOUS ASSET FOR AN ART PROGRAM ON THE COLLEGE LEVEL TO PRESENT SUCH DIRECT EXPERIENCE OF THE FINEST IN VISUAL EXPRESSION. |
| PART V, LINE 4: | IT IS THE ENDOWMENT'S POLICY TO DISTRIBUTE ANNUALLY UP TO 5% OF A FIVE-YEAR AVERAGE OF THE ENDOWMENT'S TOTAL ASSET VALUE AS OF JUNE 30TH, WITH THE INTENT THAT THIS SPENDING RATE PLUS INFLATION WILL NOT EXCEED TOTAL RETURN FROM INVESTMENT OVER LONG PERIODS OF TIME. THE BOARD WILL DETERMINE THE APPROPRIATENESS OF THIS DISTRIBUTION IN CONJUNCTION WITH THE DEVELOPMENT OF LONG-TERM STRATEGIC NEEDS. IN RECOGNITION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT (UPMIFA), SPENDING SHALL COMPLY WITH THE EVOLVING "PRUDENT SPENDING" GUIDELINES OF UPMIFA. |
| PART X, LINE 2: | THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS REPORTED IN AUDITED FINANCIAL STATEMENTS UNDER FIN 48(ASC 740-10). THE COLLEGE HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE DATED OCTOBER 9, 1968 INDICATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE "CODE") AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE BELIEVES IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RECLASS SCHOLARSHIPS TO EXPENSE -10,695,232. RECLASS LOSS ON BOND DEFEASANCE TO PART XI -127,337. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES -4,576. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES 4,576. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RECLASS SCHOLARSHIPS AGAINST REVENUE TO EXPENSE 10,695,232. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | THE COLLEGE PUBLISHES ITS NONDISCRIMINATION POLICY IN A LOCAL NEWSPAPER AND IN ALL ADVERTISING PROGRAMS AT THE BEGINNING OF EACH SCHOOL YEAR. |
| SCHEDULE E, PART I, LINE 6 | IN FURTHERANCE OF ITS EDUCATIONAL MISSIONS, LAGRANGE COLLEGE RECEIVES FEDERAL FUNDS IN SUPPORT OF ITS UNDERGRADUATE AND GRADUATE STUDENTS. THESE FUNDS INCLUDE PROGRAMS SUCH AS FEDERAL COLLEGE WORK STUDY, FEDERAL STAFFORD LOAN FUNDS, FEDERAL PELL GRANT FUNDS AND OTHERS. LAGRANGE COLLEGE IS A CONDUIT FOR THESE FUNDS ULTIMATELY RECEIVED BY STUDENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| MERIT-BASED AND NEED-BASED | 589 | $10,695,232 |
| STUDENT AWARDS -COVID IMPACT | 642 | $1,446,749 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LAGRANGE COLLEGE AWARDS BOTH MERIT-BASE AND NEED-BASE AID TO ELIGIBLE STUDENTS. MERIT-BASE AID IS AWARDED BASED ON CRITERIA SUCH AS ACADEMIC EXCELLENCE, LEADERSHIP, AND TALENT. NEED-BASE AID IS AWARDED BASED ON DEMONSTRATED FINANCIAL NEED AS DETERMINED BY FAMILY INCOME AND ASSET INFORMATION REPORTED ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). CONTINUED ELIGIBILITY IS DETERMINED ANNUALLY BY A REVIEW OF A STUDENT'S COMPLIANCE WITH SATISFACTORY ACADEMIC PROGRESS STANDARDS, GRADE POINT AVERAGE FOR THE CONTINUATION OF MERIT-BASED AID AND SUBMISSION OF A RENEWAL FAFSA IN AWARDING OF NEED-BASE AID. THERE WERE 589 STUDENTS AWARDED INSTITUTIONAL SCHOLARSHIPS AND GRANTS IN 2021-2022. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUSANNA BAXTER | ||||||||||||||
| PRESIDENT | $255,125 | $0 | $0 | $0 | $17,125 | $0 | $5,500 | $0 | $19,037 | $0 | $296,787 | $0 | $0 | $0 |
| DEBORAH HALL | ||||||||||||||
| VP - FINANCE AND OPERATIONS | $148,726 | $0 | $0 | $0 | $8,563 | $0 | $3,200 | $0 | $8,416 | $0 | $168,905 | $0 | $0 | $0 |
| KAREN AUBREY | ||||||||||||||
| VICE PRESIDENT FOR ACADEMIC AFFAIRS | $152,635 | $0 | $0 | $0 | $2,125 | $0 | $3,100 | $0 | $0 | $0 | $157,860 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEVELOPMENT AUTHORITY OF LAGRANGE SERIES 2021 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 581300205 | BondIssuerEIN |
| CUSIP | 503152DF4 | CUSIPNum |
| Bond Issued | 2021-11-03 | BondIssuedDt |
| Issue Price | $36,496,440 | IssuePriceAmt |
| Purpose | REFINANCING OF 2015 BONDS. | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $36,496,440 | TotalProceedsAmt |
| Refunding Escrow | $28,335,457 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $729,929 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $2,058,223 | CapitalExpendituresAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | 0 | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDWARD SMITH | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | TRUSTEE OWNS BUSINESS CONDUCTING TRANSACTIONS WITH THE COLLEGE | RelationshipDescriptionTxt |
| Transaction | $70,831 | TransactionAmt |
| Transaction | INSURANCE SERVICE | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $444 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $6,993 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 13 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,427,106 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $322 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GARDEN PLANTS | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $179 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | NUMBER OF CONTRIBUTORS |
| PART I, LINE 32B: | LAGRANGE COLLEGE USES A REALTOR TO PROCESS REAL ESTATE CONTRIBUTIONS, AND A BROKER TO PROCESS AND SELL SECURITIES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | IN FY22, THE COLLEGE MADE CHANGES TO THEIR BYLAWS INCLUDING A MINIMUM NUMBER OF BOARD MEMBERS, VOTING RIGHTS OF EX-OFFICIO BOARD MEMBERS, REQUIREMENTS OF THE EARLY REMOVAL OF BOARD MEMBERS, AND THE DUTIES OF THE BOARD. THE BYLAWS WERE ALSO UPDATED TO MANDATE A BIANNUAL REVIEW, IN WHICH THE BOARD WILL ENGAGE IN A SELF-REFLECTIVE EXAMINATION OF ITS RESPONSIBILITIES, DECISION-MAKING PROCESSES, AND DESIRED OUTCOMES. REVISION ALSO ALLOWS FOR THE BOARD TO MEET VIA ELECTRONIC MEANS, OUTLINES ACTIONS THE BOARD CAN TAKE WITHOUT A FORMAL MEETING, AND PROVIDES PROCEDURES FOR EMERGENCY SITUATIONS. OFFICER POSITIONS AND THE PRESIDENT'S DUTIES WERE ALSO MODIFIED. THE BOARD CHAIR MUST BE FREE OF ANY CONTRACTUAL, EMPLOYMENT, PERSONAL, OR FAMILIAL FINANCIAL INTEREST IN THE COLLEGE. SIGNATURE AUTHORIZATION SHALL NOT INCLUDE THE BOARD SECRETARY. THIS POWER IS EXCLUSIVELY FOR THE PRESIDENT OF THE COLLEGE AND CHIEF FINANCIAL OFFICER. |
| FORM 990, PART VI, SECTION B, LINE 11B | INDEPENDENT ACCOUNTANTS PREPARE FORM 990. MANAGEMENT REVIEWS THE RETURN PRIOR TO FILING. MANAGEMENT DISTRIBUTES A COPY OF FORM 990 TO THE FINANCE COMMITTEE OF THE BOARD. THE FINANCE COMMITTEE CHAIRMAN PRESENTS AND DISCUSSES THE 990 RETURN WITH ALL THE BOARD MEMBERS AT THE SPRING BOARD MEETING PRIOR TO MANAGEMENT FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | INDIVIDUALS MUST DISCLOSE IN WRITING ANY POTENTIAL OR ACTUAL KNOWN CONFLICTS OF INTEREST. DISCLOSURE BY MEMBERS OF THE BOARD OF TRUSTEES (BOARD) AND THE PRESIDENT SHOULD BE MADE TO THE CHAIRMAN OF THE BOARD. DISCLOSURE BY THE BOARD CHAIRMAN SHOULD BE DIRECTED TO THE EXECUTIVE COMMITTEE OF THE BOARD. DISCLOSURE BY ALL OTHER AFFILIATES OF THE COLLEGE SHOULD BE DIRECTED TO THE VICE PRESIDENT FOR FINANCE AND OPERATIONS OR THE PRESIDENT. DISCLOSURE BY THE VICE PRESIDENT FOR FINANCE AND OPERATIONS SHOULD BE DIRECTED TO THE PRESIDENT. IF THE PERSON RECEIVING THE DISCLOSURE PERCEIVES A CONFLICT MAY EXIST, THAT PERSON SHALL CONVENE A COMMITTEE OF PEERS TO INVESTIGATE THE CONFLICT, DECIDE AS TO WHETHER A CONFLICT EXISTS AND OFFER A DECISION AS TO WHETHER CONTINUING IN THE ARRANGEMENT IS IN THE COLLEGE'S BEST INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | LAGRANGE COLLEGE'S BOARD OF TRUSTEES DESIGNATED THE EXECUTIVE COMMITTEE TO BE RESPONSIBLE FOR ESTABLISHING COMPENSATION PRACTICES WHICH ARE REASONABLE AND DO NOT VIOLATE THE PRIVATE INUREMENT PROHIBITION. THE PRACTICES AND PROCESSES ARE DESIGNED TO AVOID ANY CLAIM FOR INTERMEDIATE SANCTIONS AND TO SATISFY THE REQUIREMENTS TO OBTAIN THE REBUTTABLE PRESUMPTION. LAGRANGE COLLEGE HAS A FULL-TIME HUMAN RESOURCES DIRECTOR AND USES COMPARABLE DATA FROM SOURCES LIKE THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA) FOR BENCHMARKING EXERCISES IN SETTING MEDIAN SALARY RANGES. |
| FORM 990, PART VI, SECTION C, LINE 19 | LAGRANGE COLLEGE DOES NOT MAKE ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, OR ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. |
| FORM 990, PART XI, LINE 9: | LOSS ON BOND DEFEASANCE -127,337. |
| FORM 990, PART XII, LINE 2C | THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESS OF AUDITORS AND FINANCIAL STATEMENT OVERSIGHT. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAGRANGE PROPERTY MANAGEMENT INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 BROAD STREET | AddressLine1Txt |
| City | LAGRANGE | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30240 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 811388812 | EIN |
| Primary Activities | PROPERTY MANAGEMENT | PrimaryActivitiesTxt |
| Legal Domicile State | GA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAGRANGE COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOBBS TRUST | ||||||||||||
| 100 N MAIN ST 13TH FLOOR | WINSTON SALEM | NC | 27150 | 586026549 | CHARITABLE TRUST | NC | LAGRANGE COLLEGE | T | $25,241 | $1,735,952 | 1.00000 | Yes (1) |
| WILSON TRUST | ||||||||||||
| 1111 BAY AVE 4TH FLOOR | COLUMBUS | GA | 31901 | 586236269 | CHARITABLE TRUST | GA | LAGRANGE COLLEGE | T | $8,279 | $367,255 | 0.90000 | Yes (1) |
| CORN ART TRUST | ||||||||||||
| 1111 BAY AVE 4TH FLOOR | COLUMBUS | GA | 31901 | 586156992 | CHARITABLE TRUST | GA | LAGRANGE COLLEGE | T | $2,970 | $135,208 | 1.00000 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LAGRANGE PROPERTY MANAGEMENT INC | ||
| D | $11,447,591 | LOAN GUARANTEE AMOUNT |
| LAGRANGE PROPERTY MANAGEMENT INC | ||
| K | $101,000 | LEASE EXPENSE |