2016-05-11T16:10:13-05:00 2015-06-30 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2014-07-01 390826049 Ripon College % THOMAS PONTO RIPO 9207488108 PO Box 248 Ripon WI 54971 Karl Solibakke Interim VP Finance 9207488108 2016-05-11 true Michelle L Weber P00556798 4142898200 2016-04-22 2014 2016-08-17 19:52:53Z Zachariah P Messitte 300 Seward Street Ripon WI 54971 67493705 false X www.ripon.edu X 1851 WI Ripon College's rigorous liberal arts & sciences curriculum & active residential campus prepares students of diverse interest for lives as productive socially responsible citizens 41 40 874 425 429991 287828 8634609 11692917 34103657 32871560 5516934 5141903 1238881 396381 49494081 50102761 14370706 14169263 0 0 13275650 14909306 0 0 1821672 13685680 14037028 41332036 43115597 8162045 6987164 135019121 137118542 32043140 31689783 102975981 105428759 X RIPON COLLEGE PREPARES STUDENTS OF DIVERSE INTERESTS FOR LIVES OF PRODUCTIVE, SOCIALLY RESPONSIBLE CITIZENSHIP. OUR LIBERAL ARTS CURRICULUM AND RESIDENTIAL CAMPUS CREATE AN INTIMATE LEARNING COMMUNITY IN WHICH STUDENTS EXPERIENCE A RICHLY PERSONALIZED EDUCATION. false false 37678399 14169263 32990706 Ripon College, an accredited private institution, provides a four year degree program in the liberal arts. This educational program benefits more than 798 full time equivalent students. 37678399 true true false false false false true false true true false false true true true true false true false true false false false true false false false true true true false false false false false false false false false false true false false false false true false false false true 1236 0 true 874 true true true false false false false true true false false false false X 41 40 false false false false false true false true true false false true true true true true true true true false WI X THOMAS PONTO 9207488108 300 SEWARD STREET Ripon WI 54971 Thomas W Abendroth Trustee/Secretary 1.0 0.0 X X 0 0 0 Victoria L Bleise Trustee 1.0 0.0 X 0 0 0 Thomas Broman Trustee - As of 10/2014 1.0 0.0 X 0 0 0 Julie B Carlson Trustee 1.0 0.0 X 0 0 0 Doreen Conforti Chemerow Trustee/Vice Chair 1.0 0.0 X X 0 0 0 James R Clark Trustee 1.0 0.0 X 0 0 0 Scott L Dicks Trustee 1.0 0.0 X 0 0 0 Dennis G Frahmann Trustee 1.0 0.0 X 0 0 0 Mark Franzen Trustee 1.0 0.0 X 0 0 0 Jane Fredrick Trustee - Thru 10/2014 1.0 0.0 X 0 0 0 Stephanie Greene Trustee 1.0 0.0 X 0 0 0 Helen Hansen Trustee 1.0 0.0 X 0 0 0 David G Hartman Trustee 1.0 0.0 X 0 0 0 Guy R Henshaw Trustee 1.0 0.0 X 0 0 0 Marcus D Hoffman Trustee 1.0 0.0 X 0 0 0 David Janssen Trustee 1.0 0.0 X 0 0 0 William Chester Jordan PhD Trustee 1.0 0.0 X 0 0 0 Robb Kahl Trustee 1.0 0.0 X 0 0 0 Robert J Kirkland Trustee/Past Chair 1.0 0.0 X X 0 0 0 Martin Lindsay Trustee 1.0 0.0 X 0 0 0 William C MacLeod Trustee 1.0 0.0 X 0 0 0 Philip K McCullough MD Trustee 1.0 0.0 X 0 0 0 Susan Meier Trustee 1.0 0.0 X 0 0 0 Zachariah Messitte Trustee/President 40.0 0.0 X X 235044 0 69841 Connie H Moser Trustee 1.0 0.0 X 0 0 0 Austin D Oliver Trustee 1.0 0.0 X 0 0 0 Lauren A Ott Trustee 1.0 0.0 X 0 0 0 Gary Page Trustee 1.0 0.0 X 0 0 0 Ronald R Peterson Trustee/Chair 1.0 0.0 X X 0 0 0 Michael R Reese Trustee 1.0 0.0 X 0 0 0 Cheryl K Rofer Trustee 1.0 0.0 X 0 0 0 John C Ryberg Trustee - Thru 1/2015 1.0 0.0 X 0 0 0 Joann Selleck Trustee 1.0 0.0 X 0 0 0 David E Shogren Trustee - As of 10/2014 1.0 0.0 X 0 0 0 Pamela Price Smith Trustee 1.0 0.0 X 0 0 0 Scott Spiller Trustee 1.0 0.0 X 0 0 0 Richard J Srednicki Trustee 1.0 0.0 X 0 0 0 Kent Timm Trustee 1.0 0.0 X 0 0 0 Peter Tuz Trustee 1.0 0.0 X 0 0 0 Dena G Willmore Trustee 1.0 0.0 X 0 0 0 John H Wolfe Trustee - As of 5/2015 1.0 0.0 X 0 0 0 Kimberly Woolley Trustee - As of 10/2014 1.0 0.0 X 0 0 0 Mark J Wright Trustee/Treasurer 1.0 0.0 X X 0 0 0 Thomas M Ponto VP for Finance 40.0 0.0 X 104321 0 21265 Wayne P Webster VP for Advancement 40.0 0.0 X 148547 0 31624 Jennifer L Machacek VP for Enrollment 40.0 0.0 X 133985 0 32360 Chris Ogle VP & Dean of Students 40.0 0.0 X 121965 0 26070 743862 0 181160 5 false true false Sodexo PO Box 536922 ATLANTA GA 30353 Food & Housekeeping 3812620 Agnesian Work Wellness 430 E Division St FOND DU LAC WI 54935 Athletic train/Nurse 196759 Lamers Bus Lines 2407 S Point Road GREEN BAY WI 543135498 Bus Services 133546 Pressly Pressly 222 Lakeview Avenue Suite 910 WEST PALM BEACH FL 33401 Legal Services 107732 Per Mar Security PO Box 1101 DAVENPORT IA 52805 Security Services 103171 5 13805 1180923 10498189 1894701 11692917 TUITION & FEES 812900 26352208 26352208 AUXIL. ENTERPRISES 812900 6519352 6519352 32871560 1171938 2398 1169540 0 3395 3395 0 0 0 21340085 1382 17371502 3968583 1382 3969965 293627 3676338 28406 13805 19442 8964 8964 0 0 SUMMER CAMP/CONF. 721000 148716 133966 14750 LIFE INSURANCE PROCEEDS 900099 9875 9875 MISCELLANEOUS 812900 225431 119146 106285 384022 50102761 32990706 429991 4989147 0 14169263 14169263 0 0 424467 355170 69297 0 10789331 9062189 621932 1105210 441382 371107 26891 43384 2495030 1701352 617000 176678 759096 618450 59312 81334 0 15326 9623 5703 86563 86563 0 0 92750 92750 2877234 2359601 431346 86287 52678 26210 26468 1085972 833115 185634 67223 580698 563453 16651 594 0 1441240 1367717 73523 665289 532077 53894 79318 0 206686 97413 83955 25318 167565 164002 3133 430 0 1555370 1252076 303294 182291 176586 5705 FOOD SERVICE CONTRACT 1817234 1817234 REPAIRS & MAINTENANCE 643553 565091 70960 7502 PROMOTIONS & AWARDS 598149 539703 57003 1443 UBI TAX 96757 96757 1871673 1452137 341882 77654 43115597 37678399 3615526 1821672 393808 259131 2529200 4388839 4170387 7918724 1639303 916765 0 0 0 0 2970146 2919734 0 0 145014 225276 65070624 30409295 35777160 34661329 79556377 78134180 0 0 0 0 0 0 7837726 7694564 135019121 137118542 1831347 2090091 2594564 2659208 65681 183621 23165000 23165000 0 0 0 0 1147965 395790 0 0 3238583 3196073 32043140 31689783 X 12243067 11976817 25778806 23884600 64954108 69567342 102975981 105428759 135019121 137118542 X 6987164 -4561055 26669 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1072685 X X X false 84583810 4725430 247257 4290942 85265555 73286802 2923694 12489695 4116381 84583810 65493748 2296488 7989793 2493227 73286802 64160017 5291561 -1667270 2290560 0 0 65493748 52070009 3076708 11479108 2465808 0 0 64160017 0.02231 0.81481 0.16288 true false 560766 560766 54603090 24458683 30144407 9876048 5950612 3925436 30720 30720 34661329 CASH SURRENDER VALUE-LIFE INS 1455409 BOND FINANCING COSTS, NET 254172 BENEFICIAL INTEREST IN TRUSTS 4912298 WORKS OF ART 1072685 7694564 0 ANNUITIES PAYABLE 369309 DEFERRED SUPPORT/SPLIT INT. 19406 ACCRUED POSTRETIREMENT BENEFIT 2045593 CONDTNL ASSET RETIREMENT OBLIG 761765 3196073 X 31502350 -4561055 129907 -4431148 35933498 14169263 14169263 50102761 29049572 103238 103238 28946334 14169263 14169263 43115597 ART COLLECTION - FURTHERANCE OF EXEMPT PURPOSE Schedule D, Part III, Line 4 To enable students and community members to learn about and experience different art forms. Intended Uses of Endowment Funds Schedule D, Part V, Line 4 The organization's endowment funds are used for scholarships, academic programs and facilities to assist in furthering the mission of the college. organization's liability for uncertainty in income taxes under fin 48 schedule d, part x, question 2 As required by the uncertain tax position guidance, the College recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The College applied the uncertain tax position guidance to all tax positions for which the statute of limitations remained open and determined there were no material unrecognized tax benefits as of that date. As of June 30, 2015, the statute of limitations is no longer open for years before 2012 for federal income tax purposes. For state income tax purposes, the statute of limitations is open for years 2011 through 2015. As of June 30, 2015 and 2014, the College believes the guidance to have no effect on its financial statements. Additionally, the guidance provides for the recognition of interest and penalties related to income taxes. There were no interest or penalties related to income taxes that have been accrued or recognized as of and for the years ended June 30, 2015 and 2014. OTHER REVENUE ON FINANCIAL STMTS NOT ON FORM 990 SCHEDULE D, PART XI, LINE 2D INTERDEPARTMENTAL CHARGES FOR VEHICLES & PHOTOCOPYING 83,796 Fundraising Revenue Presented Net of Revenue 19,442 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 122,712 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST HELD BY OTHERS (145,768) Increase in cash Surrender Value of Life Insurance Policies 49,726 Total $129,907 OTHER REVENUES ON FORM 990 NOT ON FINANCIAL STMTS SCHEDULE D, PART XI, LINE 4B TUITION AND FEES REVENUE PRESENTED NET OF SCHOLARSHIPS AND GRANTS $14,169,263 OTHER EXPENSES ON FINANCIAL STMTS NOT ON FORM 990 SCHEDULE D, PART XII, LINE 2D INTERDEPARTMENTAL CHARGES FOR VEHICLES & PHOTOCOPYING 83,796 Fundraising EXPENSE PRESENTED NET OF REVENUE 19,442 TOTAL $103,238 OTHER EXPENSES ON FORM 990 NOT ON FINANCIAL STMTS SCHEDULE D, PART XII, LINE 4B TUITION AND FEES REVENUE PRESENTED NET OF SCHOLARSHIPS AND GRANTS $14,169,263 true true true true true true true false false false false false false false false true false true Publication of Racially Nondiscriminatory Policy Schedule E, Part I, Line 3 Ripon College draws students nationwide. Materials used in promotional activities and recruiting efforts include a statement that Ripon College admits students of any race, color, and national or ethnic origin. Government Assistance Schedule E, Part I, Line 6a Ripon College received federal funds including all Title IV aid programs. Ripon College receives Wisconsin funds including WTG, TIP WI Minority Grants, Academic Excellence, Robert Byrd, and WI Handicap, Indian and WI Covenant Grants. Central America and the Caribbean Investments 8953850 8953850 8953850 true false false true true false Foreign Forms Form 990, Schedule F, Part IV Ripon College invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, the organization's investment activities may not reach the thresholds required for filing the forms 926, 8621, or 8865. To the extent that the organization is required to complete one of these foreign forms, it has been filed with the organization's annual Form 990-T. Golf Scramble 39288 13805 25483 13928 5514 0 39288 13805 25483 13928 5514 19442 6041 0.00000 0.00000 300 Seward Street Ripon WI 54971 true Various 784 11648901 Endowed Scholarships 503 2520362 Procedure for Monitoring Use of Grant Funds Inside United States Schedule I, Part I, Line 2 Ripon College tracks all grants issued by grant, dollar amount, student, and term. Financial Aid awards grants based on the grantees eligibility for any grant. Eligibility may be based on need, grades, majors, etc. If need based, the FAFSA will be utilized. Each grant may have unique selection criteria which is documented by the Financial Aid Department. X true true X X X false false false false false false false false false Zachariah Messitte Trustee/President 231123 0 0 0 3921 0 12089 0 57752 0 304885 0 0 0 Wayne P Webster VP for Advancement 146014 0 0 0 2533 0 7716 0 23908 0 180171 0 0 0 Jennifer L Machacek VP for Enrollment 133985 0 0 0 0 0 7120 0 25240 0 166345 0 0 0 Housing allowance and Written Policy Schedule J, Part I, Lines 1A & 1B IRS instructions to Form 990 require that the fair market value of housing provided to employees by their employer be reported on Form 990, Part VII, Section A and Schedule J, Part II (whether or not the value is deemed taxable). As a condition of employment, the President of Ripon College is required to reside in a residence on the campus premises. The residence serves both as a personal residence as well as a venue for the regular carrying on of college business. The college has determined that the value of the use of this personal-residence is not considered taxable income to the President as provided for in Internal Revenue Code Section 119. For fiscal year 2015, the value of the President's use of the residence is conservatively estimated to be $31,500. This estimate value is based on an estimated monthly rental value of the residence of $2,625/month including utilities totaling $31,500 annually. A WI Health & Educational Facilities Authority 391337855 97710VH35 2006-06-29 23165000 Wi Health & Educational Facilities false false false A 0 0 24211695 0 0 0 156011 194990 0 20684175 3176519 0 2009 true false true true A false false true false false 0.00800 0.00800 true false false true A false false false true true true M&I BANKBMO HARRIS 7. false true false 0 false false A false Schedule K, Part IV, Line 2c Schedule K, Part IV, Line 2c The rebate computation was performed on 6/1/2011. Total Proceeds of Issue Schedule K, Part II, Line 3 Column A of Part II, Line 3 does not match Part I, Line A, Column E for Issue Price, as the amount reported includes investment earnings on the proceeds and an amount transferred from the expense fund. X 55 1881632 fair market value X 1 6133 Fair Market Value X Fundraising Events 6 2737 Cost/Selling Price X Alumni & Advancement EVTS 3 2934 Cost/Selling Price X Student Events 1 1265 Cost/Selling Price 0 false true true USE OF THIRD PARTY TO SOLICIT, PROCESS, OR SELL NON-CASH CONTRIBUTIONS Schedule M, Part I, Line 32B Ripon College uses BMO Harris Financial Advisors to receive stock sent DTC and to sell that stock. BMO Harris Financial Advisors holds the stock until Ripon authorizes the sale. BMO Harris Financial Advisors then sells the stock and provides a confirmation of the transaction electronically. The proceeds are sent directly to the College's bank account at BMO Harris Bank. MEMBERS, STOCKHOLDERS, OR OTHERS WHO MAY ELECT MEMBERS TO GOVERNING BODY Form 990, Part VI, Section A, Line 7a The Board of Trustees shall elect to membership on the Board successors to those members whose terms expire on that date, with the exception of the Alumni Trustee and the Special Graduate Trustee. One of the aforesaid successors shall be recommended by the alumni and one by the student body, as hereinafter provided. Trustees shall be elected by the affirmative vote of a majority of the trustees present at the meeting. PROCESS THE ORGANIZATION USES TO REVIEW FORM 990 Form 990, Part VI, Section B, Line 11 The Form 990 is sent to each member of the Audit Committee for their review. Any necessary changes or corrections are made and a final Form 990 is sent to all members prior to filing of the return with the Internal Revenue Service. Monitoring & Enforcing COMPLIANCE WITH CONFLICT OF INTEREST POLICY Form 990, Part VI, Section B, Line 12c All employees and trustees are required to complete a conflict of interest form yearly. A summary of all forms distributed, returned, and the number with disclosures is completed. All forms with disclosures are reviewed by the President and Vice President for Finance. Those with disclosures are categorized as "not a conflict", a potential conflict but immaterial to the college, and those that require further action. If any are deemed to require further action, then those are reviewed by the Chair of the Audit Committee. If action is necessary, proper actions are taken by the college to ensure that any detrimental impact to the college is minimized or negated. Process for Determining Compensation Form 990, Part VI, Section B, Lines 15a & 15b The Executive Committee shall be responsible, subject to the approval of the Board, for the appointment, compensation, and evaluation of the office of President, and shall be responsible for appontment and compensation, upon the recommendation of the President for the offices of Vice President and Dean of Faculty, Vice President and Dean of Students, Vice President for Finance, Vice president for Advancement, and Vice President and Dean of Admission and Financial Aid. The Executive Committee shall consider adjustment in the compensation of such officers on an annual basis. Salaries will be reviewed on an annual basis and any special increase/decrease differing from the annual across the board increase/decrease will be done by separate letter and sent to the Vice President for Finance no later than December 15th of each year to take effect January 1 of the next calendar year. The compensation of other officers or key employees is reviewed for reasonableness through reviews of comparable positions at peer institutions. ORGANIZATION'S POLICY REGARDING MAKING CERTAIN DOCUMENTS PUBLIC Form 990, Part VI, Section C, Line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. Other Changes in net assets or fund balances Form 990, Part XI, Line 9 Change in value of split-interest agreement 122,711 Change in value of beneficial interest in perpetual trusts held by others (145,768) Increase in cash surrender value of life insurance policies 49,726 Total Increase in Net Assets or Fund Balances $26,669 WAICUA Educ Technology Consortium 122 W Washington Avenue Madison WI 53703 203202578 IT Systems WI 501(c)(3) 11-A N/A false Pooled Income Funds (2) Support WI Ripon College true Perpetual Trusts (3) Support WI Ripon College true Charitable Gift Annuities (14) Support WI Ripon College true Charitable Remainder Trust (1) Support WI Ripon College true false false false false false false false false false false false false false false false true false false false