2022-05-16T17:19:15-05:00 2021-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2020-07-01 580566199 LAGRANGE COLLEGE LAGR 7708808000 601 BROAD STREET LAGRANGE GA 30240 DEBORAH HALL VP - FINANCE AND OPERATIONS 7708808000 2022-05-04 1 DEBORAH HALL 999009999 MARY JO ALEXANDER P00002534 7709558600 2022-05-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR SUSANNA BAXTER 601 BROAD STREET LAGRANGE GA 30240 44089004 0 X WWW.LAGRANGE.EDU X 1831 GA 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 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. 37 33 749 150 837 0 8850452 6519159 35803734 31097033 1639528 5734925 2281 3615 46295995 43354732 15202183 13815901 0 0 15787012 13482910 0 0 566741 14998679 12367747 45987874 39666558 308121 3688174 147326476 157918154 38471266 35545737 108855210 122372417 X 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 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. 0 0 34784728 13815901 31097033 LAGRANGE COLLEGE OFFERS A BACHELOR OF ARTS DEGREE WITH 19 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. IN ADDITION, DURING THE 2020-2021 ACADEMIC YEAR, THERE WERE 750 UNDERGRADUATE AND 105 GRADUATE STUDENTS ENROLLED AT THE COLLEGE. OF THAT NUMBER 473 WERE RESIDENTIAL. DURING THE SPRING 2021 COMMENCEMENT, THE COLLEGE AWARDED 261 DEGREES. DURING THE YEAR, THERE WERE 348 STUDENTS WHO PARTICIPATED IN AT LEAST ONE OF THE COLLEGE'S NCAA DIVISION III ATHLETIC PROGRAMS. 34784728 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 25 0 1 749 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 37 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X DEBORAH HALL 7068808232 601 BROAD STREET LAGRANGE GA 30240 DAN MCALEXANDER FORMER PRESIDENT 40.00 X 240048 0 9739 DEBORAH HALL VP - FINANCE AND OPERATIONS 40.00 X 148062 0 13954 KAREN AUBREY VP FOR ACADEMIC AFFAIRS 40.00 X 152971 0 6128 BRIAN CARLISLE STUDENT ENGAGEMENT 40.00 X 135174 0 13463 SUSANNA BAXTER PRESIDENT 40.00 X X 131627 0 15219 JOSEPH MILLER VICE PRESIDENT 40.00 X 118038 0 21543 REBECCA NICKS VICE PRESIDENT 40.00 X 126055 0 12674 MARANAH SAUTER ASSOCIATE VPAA, PROFESSOR 40.00 X 106762 0 22785 MELINDA POMEROY BLACK FACULTY REPRESENTATIVE 1.00 X 60054 0 16104 ANIL R MODI TRUSTEE 1.00 X 0 0 0 BEVERLY Y LANGFORD TRUSTEE 1.00 X 0 0 0 BISHOP SUE HAUPERT-JOHNSON EX OFFICIO 1.00 X 0 0 0 CHRIS C EDWARDS TRUSTEE 1.00 X 0 0 0 DANIEL T BROWN TRUSTEE 1.00 X 0 0 0 DEEDEE G WILLIAMS TRUSTEE 1.00 X 0 0 0 EDWARD A MONTAG TRUSTEE 1.00 X 0 0 0 EDWARD D SMITH TRUSTEE 1.00 X 0 0 0 EUNJAE KIM PERALTA-RAMOS TRUSTEE 1.00 X 0 0 0 GEORGE F WHEELOCK III TRUSTEE 1.00 X 0 0 0 GEORGE W BAKER JR TRUSTEE 1.00 X 0 0 0 GREG W WRIGHT TRUSTEE 1.00 X 0 0 0 H SPEER BURDETTE III TRUSTEE-SECRETARY 1.00 X 0 0 0 J KENNERLY BOATWRIGHT III TRUSTEE 1.00 X 0 0 0 JAMES F BRUCE JR TRUSTEE 1.00 X 0 0 0 JAMES I PACE JR TRUSTEE 1.00 X 0 0 0 JAMES M WOOD III TRUSTEE 1.00 X 0 0 0 JOE F RAGLAND JR TRUSTEE 1.00 X 0 0 0 JOHN A BYERS EX OFFICIO 1.00 X 0 0 0 KATHY R MCCOLLUM TRUSTEE 1.00 X 0 0 0 KEITH SHURBUTT TRUSTEE 1.00 X 0 0 0 KELLY D CAIN TRUSTEE 1.00 X 0 0 0 LC EVANS TRUSTEE 1.00 X 0 0 0 LAURANNE BUCHANAN TRUSTEE 1.00 X 0 0 0 LINDA COLE TRUSTEE 1.00 X 0 0 0 MICHAEL MCCORD EX OFFICIO 1.00 X 0 0 0 MITCHELL T KEY TRUSTEE 1.00 X 0 0 0 NANCY K STEVENS TRUSTEE 1.00 X 0 0 0 NIA JOHNSON STUDENT PRESIDENT REPRESENTATIVE 1.00 X 0 0 0 OLUGBENGA O OBASANJO TRUSTEE 1.00 X 0 0 0 PAUL S PENN III TRUSTEE 1.00 X 0 0 0 R COLEMAN FOSS TRUSTEE 1.00 X 0 0 0 RHETT C YATES EX OFFICIO 1.00 X 0 0 0 RICHARD C WOLFE TRUSTEE 1.00 X 0 0 0 RICHARD S SIMMONS TRUSTEE 1.00 X 0 0 0 ROBERT L CARMICHAEL JR TRUSTEE-CHAIRMAN 1.00 X 0 0 0 SCOTT D HAWKINS TRUSTEE 1.00 X 0 0 0 SHEARON WIGGINS GLOVER TRUSTEE 1.00 X 0 0 0 SONYA S GAITHER TRUSTEE 1.00 X 0 0 0 SUE MARIE WADDELL TRUSTEE 1.00 X 0 0 0 SUSAN GARY LANDRY TRUSTEE 1.00 X 0 0 0 T SCOTT MALONE TRUSTEE 1.00 X 0 0 0 TIM IRWIN TRUSTEE 1.00 X 0 0 0 WILLIAM F MCRAE JR TRUSTEE 1.00 X 0 0 0 WILLIAM M HODGES TRUSTEE-VICE CHAIRMAN 1.00 X 0 0 0 WILLIAM T PLYBON TRUSTEE 1.00 X 0 0 0 ZSA ZSA HEARD EX OFFICIO 1.00 X 0 0 0 1218791 0 131609 12 1 1 0 NATIONAL MANAGEMENT RESOURCES CORPORATIO P O BOX 1224 LAGRANGE GA 30241 MAINTENANCE AND HOUSEKEEPING SERVICES 1892803 ARAMARK CORPORATION P O BOX 16 BROAD STREET LAGRANGE GA 30240 DINING & CATERING SERVICE 1637292 GROUP & PENSION ADMINISTRATORS INC POST OFFICE BOX 971587 DALLAS TX 753971597 TPA SERVICE PROVIDER 552730 SECURITAS SECURITY SERVICES USA INC P O BOX 403412 ATLANTA GA 303843412 SECURITY SERVICES 289226 WECARE TLC LLC 120 CROWN OAK CENTRE DR LONGWOOD FL 32750 MEDICAL CLINIC SERVICES 281573 11 2606533 3912626 353280 6519159 GROSS TUITION & FEES 611310 25469034 25469034 ROOM AND BOARD 611310 5442762 5442762 CAMPUS BOOKSTORE 451211 86652 86652 OTHER MISC FEES 900099 63685 63685 AUXILIARY RENTS 900099 34017 34017 883 883 31097033 495791 837 494954 5404284 569122 0 734272 5404284 -165150 5239134 5239134 REIMBURSEMENTS 900099 3585 3585 CAMPUS VENDING 900099 30 30 3615 43354732 31097033 837 5737703 13815901 13815901 481054 173177 230908 76969 183958 137968 45990 9891403 8264206 1347651 279546 203418 170498 26823 6097 1989424 1616926 299159 73339 733653 590406 114623 28624 101475 64835 36640 134730 134730 145124 145124 166879 166879 52505 42662 7512 2331 3547966 2905012 638513 4441 149223 145492 2343 1388 1501345 1464148 36308 889 2593461 2100704 491786 971 23407 18837 3657 913 OPERATIONAL SUPPLIES AN 2180210 1571786 565291 43133 FOOD SERVICE 1515731 1515731 DUES & SUBS 162083 81706 78267 2110 NON-CAP FURNITURE & EQU 93608 75822 17786 39666558 34784728 4315089 566741 2222922 4357912 6320773 4708260 3536848 4440570 11485588 11484605 215840 197713 439976 389409 132613931 67096314 68263849 65517617 48384114 60920220 1965075 1363242 4491491 4538606 147326476 157918154 1628957 1402015 339162 270690 30117049 29196130 1260816 593612 2489065 2489065 2636217 1594225 38471266 35545737 X 48237613 47430124 60617597 74942293 108855210 122372417 147326476 157918154 3688174 9829033 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1481259 X X X X 0 48401939 1694445 14544904 3556609 61084679 53005237 1620697 -2451622 3772373 48401939 49410407 4573737 1769050 2747957 53005237 48888893 1530967 2190548 3200001 49410407 51827813 323306 -1032802 2229424 48888893 0.00360 0.99640 1 0 8692902 8692902 109483778 54900752 54583026 11432131 10757454 674677 3005120 1438108 1567012 65517617 ADVANCES FROM FEDERAL GOVERNMENT 25396 ANNUITIES PAYABLE 93479 LIABILITY FOR INTEREST RATE SWAP 1372416 CAPITAL LEASE 102934 1594225 X 39946240 9829033 -13237525 -3408492 43354732 0 43354732 26429033 0 26429033 13237525 13237525 39666558 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 -13,237,525. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS SCHOLARSHIPS AGAINST REVENUE TO EXPENSE 13,237,525. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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 FUTHERANCE 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. 1 MERIT-BASED AND NEED-BASED 727 13237525 STUDENT AWARDS -COVID IMPACT 732 578376 PART I, LINE 2: 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 727 STUDENTS AWARDED INSTITUTIONAL SCHOLARSHIPS AND GRANTS IN 2020-2021. X 1 1 X 0 0 0 0 0 0 0 0 0 DAN MCALEXANDER FORMER PRESIDENT 222923 0 0 0 17125 0 9739 0 0 0 249787 0 0 0 DEBORAH HALL VP - FINANCE AND OPERATIONS 145937 0 0 0 2125 0 6026 0 7928 0 162016 0 0 0 KAREN AUBREY VP FOR ACADEMIC AFFAIRS 150846 0 0 0 2125 0 6128 0 0 0 159099 0 0 0 A DEVELOPMENT AUTHORITY OF LAGRANGE GEORGIA SERIES 2015 2015-07-01 33000000 CONSTRUCTION OF NURSING AND MUSIC PROGRAMS AND THREE FRATERNAL HOUSING 0 0 0 A 3708333 33000000 26414846 121272 5787133 2009 1 0 1 1 A 0 0 0 0 0 0 0 A 1 0 0 0 0 0 A 0 EDWARD SMITH TRUSTEE OWNS BUSINESS CONDUCTING TRANSACTIONS WITH THE COLLEGE 85428 INSURANCE SERVICE 0 X 5 FMV X 801 FMV X 9 351974 FMV X GARDEN PLANTS 1 250 FMV X SEA SHELLS 1 250 FMV 0 0 1 1 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. 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 XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESS OF AUDITORS AND FINANCIAL STATEMENT OVERSIGHT. LAGRANGE PROPERTY MANAGEMENT INC 601 BROAD STREET LAGRANGE GA 30240 811388812 PROPERTY MANAGEMENT GA 501(C)(3) LINE 12A, I LAGRANGE COLLEGE 1 DOBBS TRUST 100 N MAIN ST 13TH FLOOR WINSTON SALEM NC 27150 586026549 CHARITABLE TRUST NC LAGRANGE COLLEGE T 24631 2126555 1.00000 0 WILSON TRUST 1111 BAY AVE 4TH FLOOR COLUMBUS GA 31901 586236269 CHARITABLE TRUST GA LAGRANGE COLLEGE T 1186 380451 0.90000 0 CORN ART TRUST 1111 BAY AVE 4TH FLOOR COLUMBUS GA 31901 586156992 CHARITABLE TRUST GA LAGRANGE COLLEGE T 3307 153681 1.00000 0 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 LAGRANGE PROPERTY MANAGEMENT INC D 11375182 LOAN GUARANTEE AMOUNT LAGRANGE PROPERTY MANAGEMENT INC K 101000 LEASE EXPENSE