2015-02-12T13:13:42-06:00 2014-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2013-07-01 580566199 LAGRANGE COLLEGE LAGR 7068808000 601 BROAD STREET LAGRANGE GA 30240 MARTIN E PIRRMAN JR CFO 7068808000 2015-02-04 1 ALEISA HOWELL P00936721 7709558600 2015-02-04 2013 2016-03-07 17:11:31Z DAN K MCALEXANDER 601 BROAD STREET LAGRANGE GA 30240 94213554 0 X WWW.LAGRANGE.EDU X 1831 GA EDUCATION 35 34 779 200 0 0 3536708 14037454 26946173 28850355 2173901 2668329 207802 725264 32864584 46281402 8490421 9754719 0 0 14335469 14355291 0 0 839958 14605847 14911092 37431737 39021102 -4567153 7260300 127196569 138151160 32842877 31912942 94353692 106238218 X 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 LIVES OF INTEGRITY AND MORAL COURAGE. 0 0 26653406 9754719 28850355 LAGRANGE COLLEGE OFFERS THE BACHELOR OF ARTS DEGREE WITH SEVENTEEN MAJORS, THE BACHELOR OF SCIENCE DEGREE IN SIX AREAS, THE BACHELOR OF BUSINESS ADMINISTRATION, THE BACHELOR OF MUSIC AND THE BACHELOR OF SCIENCE IN NURSING DEGREE. IN ADDITION, THE MASTER OF ARTS IN TEACHING, THE MASTER OF EDUCATION, AND THE EDUCATION SPECIALIST DEGREES IN CURRICULUM AND INSTRUCTION ARE OFFERED. DURING THE 2013-2014 ACADEMIC YEAR, THERE WERE 856 UNDERGRADUATE AND 84 GRADUATE STUDENTS ENROLLED AT THE COLLEGE. OF THAT NUMBER, 530 WERE RESIDENTIAL. DURING ITS SPRING 2014 COMMENCEMENT, THE COLLEGE AWARDED 218 STUDENTS WITH DIPLOMAS. DURING THE YEAR, THERE WERE 342 STUDENTS WHO PARTICIPATED IN AT LEAST ONE OF THE COLLEGE'S NCAA DIVISION III ATHLETIC PROGRAMS. 26653406 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 1 53 0 1 779 1 0 0 0 0 0 0 0 0 0 0 X 35 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X MARTIN PIRRMAN JR 7068808232 601 BROAD STREET LAGRANGE GA 30240 ANN BADDING TRUSTEE 1.00 X 0 0 0 BETSY COVINGTON TRUSTEE 1.00 X 0 0 0 DAN BROWN TRUSTEE 1.00 X 0 0 0 DEEDEE WILLIAMS TRUSTEE 1.00 X 0 0 0 EDWARD CALLAWAY TRUSTEE 1.00 X 0 0 0 EDWARD SMITH TRUSTEE 1.00 X 0 0 0 GARNET J GIESLER JR TRUSTEE 1.00 X 0 0 0 GEORGE DARDEN TRUSTEE 1.00 X 0 0 0 GEORGE W BAKER TRUSTEE 1.00 X 0 0 0 GEORGE WHEELOCK TRUSTEE 1.00 X 0 0 0 JANET CASWELL TRUSTEE 1.00 X 0 0 0 JARED JONES TRUSTEE 1.00 X 0 0 0 JIM BRUCE TRUSTEE 1.00 X 0 0 0 JOE RAGLAND TRUSTEE 1.00 X 0 0 0 JOHN JACKSON TRUSTEE 1.00 X 0 0 0 KATHY MCCOLLUM TRUSTEE 1.00 X 0 0 0 KEN BOATWRIGHT TRUSTEE 1.00 X 0 0 0 LINDA COLE TRUSTEE 1.00 X 0 0 0 NANCY DURAND TRUSTEE 1.00 X 0 0 0 NANCY K STEVENS SECRETARY 1.00 X X 0 0 0 ROBERT L CARMICHAEL JR VICE CHAIRMAN 1.00 X X 0 0 0 SALLY BETHEA TRUSTEE 1.00 X 0 0 0 SCOTT HAWKINS CHAIRMAN 1.00 X X 0 0 0 STEVE FRANKLIN TRUSTEE 1.00 X 0 0 0 TED BEASON TRUSTEE 1.00 X 0 0 0 WAYNE HUNTER TRUSTEE 1.00 X 0 0 0 J LITTLETON GLOVER TRUSTEE 1.00 X 0 0 0 SHARON GLOVER TRUSTEE 1.00 X 0 0 0 TIM IRWIN TRUSTEE 1.00 X 0 0 0 T SCOTT MALONE TRUSTEE 1.00 X 0 0 0 WILLIAM T PLYBON TRUSTEE 1.00 X 0 0 0 PEGGY COBB SCHUG TRUSTEE 1.00 X 0 0 0 RICHARD C WOLFE TRUSTEE 1.00 X 0 0 0 JAMES M WOOD III TRUSTEE 1.00 X 0 0 0 CURT M JONES TRUSTEE 1.00 X 0 0 0 DAN MCALEXANDER PRESIDENT 40.00 X 246797 0 36040 MARTIN PIRRMAN TREASURER, VP FINANCE & OP 40.00 X 129172 0 17500 DAVID GARRISON VP ACADEMIC AFFAIRS & PROV 40.00 X 152697 0 18160 WILLIAM JONES VP ADVANCEMENT 40.00 X 156383 0 13540 GREG MCCLANAHAN PROFESSOR OF MATHEMATICS 40.00 X 100712 0 8919 785761 0 94159 5 0 1 0 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE & HOUSEKEEPING SERVICE 1613413 ARAMARK CORPORATION PO BOX 16 BROAD STREET LAGRANGE GA 30240 DINING AND CATERING SERVICES 1481064 DANIEL HAMILTON & ASSOCIATES INC 202 SMITH STREET LAGRANGE GA 30240 CONSTRUCTION CONTRACTOR 1446448 ABM BUILDING SOLUTIONS PO BOX 933500 ATLANTA GA 311933500 CONTRACT HVAC SERVICE PROVIDER 657212 SUNTRUST BANK PO BOX 4418 ATLANTA GA 303024418 DEBT SERVICE AND BUSINESS LEASE RENTAL 547515 21 14037454 122444 14037454 GROSS TUITION & FEES 611310 23246247 23246247 ROOM AND BOARD 611310 5338223 5338223 PROGRAM RENTS 900099 74430 74430 AUXILLIARY RENTS 900099 68452 68452 AQUATIC PROGRAM 900099 51808 51808 71195 71195 28850355 749555 749555 49850926 47932152 1918774 1918774 1918774 INS PROCEEDS, ETC 900099 721781 721781 REIMBURSEMENTS 900099 2200 2200 CAMPUS VENDING 900099 1283 1283 725264 46281402 28850355 0 3393593 9754719 9754719 429509 356894 72615 10378881 8223331 1759966 395584 200265 164082 30635 5548 2618035 2061521 480304 76210 728601 564647 139002 24952 80470 80470 215804 215804 480973 438203 42770 301471 19584 168803 113084 956124 541815 358186 56123 3868497 692391 3172048 4058 468418 323775 133633 11010 278577 186407 70324 21846 892529 892529 3543911 3543911 255458 22438 233020 FOOD SERVICE 1318365 1318365 GLOBAL ENGAGEMENTS 467416 467416 LIBRARY 357558 356914 644 EQUIPMENT 299600 242039 56338 1223 1125921 383230 727756 14935 39021102 26653406 11527738 839958 1433508 537327 4006195 14604650 1491690 1621131 601986 502798 204183 238066 263561 302882 113491222 45815363 68355283 67675859 45774243 47450737 2270715 2270715 2795205 2946995 127196569 138151160 1462573 856428 307084 189532 27684846 27444846 27683 417216 3360691 3004920 32842877 31912942 X 30548975 33625808 6475251 15091615 57329466 57520795 94353692 106238218 127196569 138151160 X 7260300 4281131 343095 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14752 1449844 X X X X 0 53332280 191085 6618597 5200676 54941286 51880358 251352 5981428 4780858 53332280 58138335 4331901 -5138876 5451002 51880358 44348776 5019358 8770201 58138335 44628962 205388 53432 539006 44348776 0.00000 0.98800 0.01200 1 0 8355015 8355015 88806751 38444999 50361752 13284179 5996767 7287412 3045277 1373597 1671680 67675859 ADVANCES FROM FEDERAL GOVERNMENT 698257 ASSET RETIREMENT OBLIGATIONS 689478 ANNUITIES PAYABLE 101504 LIABILITY FOR INTEREST RATE SWAP 1515681 3004920 X 41150909 4281131 -9411624 -5130493 46281402 0 46281402 29266383 0 29266383 9754719 9754719 39021102 PART III, LINE 4: LAGRANGE COLLEGE BEGAN ESTABLISHING AN ART COLLECTION IN THE 1960S UNDER THE LEADERSHIP OF PRESIDENT WAIGHTS G HENRY. IT WAS THE BELIEF AT THAT TIME THAT THE SOUTH WAS BEHIND THE REST OF THE COUNTRY IN ITS EXPOSURE TO THE VISUAL ARTS. THE COLLEGE LATER BECAME A BENEFICIARY 0F A COLLECTION OF LAMAR DODD PAINTINGS AND DRAWINGS, WHO LIVED ACROSS THE STREET FROM MR FULLER CALLAWAY. DODD ENJOYED A LONG AND DISTINGUISHED ASS0CIATION 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: THE COLLEGE HAS A POLICY OF APPROPRIATING FOR EXPENDITURE, ON AN ANNUAL BASIS, NO MORE THAN 5% OF THE AVERAGE OF THE FIVE PREVIOUS JUNE 30 MARKET VALUES OF ITS ENDOWMENT FUNDS TO SUPPORT ITS OPERATING BUDGET AND SCHOLARSHIPS. 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. WITH FEW EXCEPTIONS, THE COLLEGE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2010. PART XI, LINE 2D - OTHER ADJUSTMENTS: VALUATION GAIN ON INTEREST RATE SWAP AGREEMENT 165,747. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 6,695. RECLASS SCHOLARSHIPS TO EXPENSE -9,754,719. CHANGE IN ASSETS HELD BY THIRD PARTIES 170,653. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS SCHOLARSHIPS AGAINST REVENUE TO EXPENSE 9,754,719. 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 P0LICY IN A L0CAL 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 PERKINS FUNDS, FEDERAL STAFFORD LOAN FUNDS, FEDERAL PELL GRANT FUNDS AND OTHERS. LAGRANGE COLLEGE IS A CONDUIT FOR THESE FUNDS ULTIMATELY RECEIVED BY STUDENTS. EUROPE 0 0 PROGRAM SERVICES STUDY ABROAD 119756 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 22330 PHILLIPINES 0 0 PROGRAM SERVICES STUDY ABROAD 40386 0 0 0 0 0 0 182472 0 182472 0 0 0 0 0 0 1 MERIT-BASED (NON-NEED-BASED) AND NEED-BASED FINANCIAL AID. 904 9754719 PART I, LINE 2: LAGRANGE COLLEGE AWARDS BOTH MERIT-BASED (NON-NEED-BASED) AND NEED-BASED AID TO ELIGIBLE STUDENTS. MERIT-BASED AID IS AWARDED BASED ON CRITERIA SUCH AS ACADEMIC EXCELLENCE, LEADERSHIP, AND TALENT. NEED-BASED 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 0F A STUDENT'S COMPLIANCE WITH SATISFACTORY ACADEMIC PROGRESS STANDARDS, GRADE POINT AVERAGE FOR THE CONTINUATION OF MERITBASED AID, AND SUBMISSION OF A RENEWAL FAFSA IN AWARDING 0F NEED-BASED AID. THERE WERE 904 STUDENTS AWARDED INSTITUTIONAL SCHOLARSHIPS AND GRANTS IN 2013-2014. X X 1 1 X X 0 0 0 0 0 0 0 0 0 DAN MCALEXANDER PRESIDENT 246797 0 0 0 0 0 7500 0 28540 0 282837 0 0 0 DAVID GARRISON VP ACADEMIC AFFAIRS & PROV 152697 0 0 0 0 0 4620 0 13540 0 170857 0 0 0 WILLIAM JONES VP ADVANCEMENT 156383 0 0 0 0 0 0 0 13540 0 169923 0 0 0 A DEVELOPMENT AUTHORITY OF LAGRANGE GEORGIA SERIES 2007 410631BD6 2007-09-13 37000000 CONSTRUCTION OF LIBRARY,PARKING LOTS AND RESIDENCE HALLS 0 0 0 A 37000000 207930 36792070 2009 1 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 1 HUTCHINSON TRAYLOR TRUSTEE IS OFFICER 255193 INSURANCE 0 X 10 14752 FMV X 491 FMV X 1428 FMV X 11 99728 FMV X BUILDING SUPP 1 3482 FMV X VARIOUS SUPPL 11 2563 FMV 0 1 1 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 11 INDEPENDENT ACCOUNTANTS PREPARED FORM 990. MANAGEMENT REVIEWED THE RETURN PRIOR TO FILING. MANAGEMENT DISTRIBUTED A COPY OF FORM 990 TO THE FINANCE COMMITTEE OF THE BOARD. THE FINANCE COMMITTE CHAIRMAN PRESENTED AND DISCUSSED THE TAX RETURN WITH ALL BOARD MEMBERS AT THE SPRING BOARD MEETING. 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 AND BY 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 OR THE PRESIDENT. DISCLOSURE BY THE VICE PRESIDENT FOR FINANCE 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, MAKE A DECISION AS TO WHETHER OR NOT A CONFLICT EXISTS AND OFFER A DECISION AS TO WHETHER OR NOT CONTINUING IN THE ARRANGEMENT IS IN THE COLLEGE'S BEST INTEREST. FORM 990, PART VI, SECTION B, LINE 15 LAGRANGE COLLEGE'S BOARD OF DIRECTORS DESIGNATED THE EXECUTIVE COMMITTEE TO BE RESPONSIBLE FOR ESTABLISHING COMPENSATION PRACTICES WHICH ARE REASONABLE AND DO NOT VLOLATE 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 REBUTIABLE PRESUMPTION. LAGRANGE COLLEGE HAS A FULL-TIME HUMAN RESOURCE 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: VALUATION GAIN ON INTEREST RATE SWAP AGREEMENT 165,747. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 6,695. CHANGE IN VALUE OF ASSETS HELD BY THIRD PARTIES 170,653. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THE OVERSIGHT OR SELECTION PROCESS OF AUDITORS AND FINANCIAL STATEMENT OVERSIGHT. LAGRANGE COLLEGE POOLED INCOME FUND 1111 BAY AVE 4TH FLOOR COLUMBUS GA 31901 586236269 CHARITABLE TRUST GA LAGRANGE COLLEGE T 1.00000 0 DOBBS TRUST 100 N MAIN ST 13TH FLOOR WINSTONSALEM NC 27150 586026549 CHARITABLE TRUST NC LAGRANGE COLLEGE T 1.00000 0 WILSON TRUST 1111 BAY AVE 4TH FLOOR COLUMBUS GA 31901 586236269 CHARITABLE TRUST GA LAGRANGE COLLEGE T 0.90000 0 CORN ART TRUST 1111 BAY AVE 4TH FLOOR COLUMBUS GA 31901 586156992 CHARITABLE TRUST GA LAGRANGE COLLEGE T 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0