2014-05-14T09:15:16-05:00 2013-06-30 Grant Thornton LLP 100 E Wisconsin Ave Milwaukee WI 53202 990 2012-07-01 390826049 Ripon College % THOMAS PONTO RIPO 9207488108 PO Box 248 Suite Ripon WI 54971 Thomas Ponto 9207488108 2014-05-13 true Daniel Romano 4142898200 2012 2015-11-30 17:44:51Z Zachariah P Messitte 300 Seward Street Ripon WI 54971 41955652 false X www.ripon.edu X 1851 WI RIPON COLLEGE'S RIGOROUS LIBERAL ARTS AND SCIENCES CURRICULUM AND ACTIVE RESIDENTIAL CAMPUS PREPARES STUDENTS OF DIVERSE INTERESTS FOR LIVES OF PRODUCTIVE, SOCIALLY RESPONSIBLE CITIZENSHIP. 38 37 854 425 233491 126276 9030073 6365508 34034916 32865230 2064309 1369171 341562 481247 45470860 41081156 13409848 13111683 0 0 13646857 14195486 0 0 1785211 13881743 13656414 40938448 40963583 4532412 117573 116901901 122196166 36724268 34702393 80177633 87493773 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 35231880 13111683 33129645 Ripon College, an accredited private institution, provides a four year degree program in the liberal arts. This educational program benefits more than 889 full time equivalent students. 35231880 true true false false false false true false true true false false true true true true false true false true false false false false true 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 1286 0 true 854 true true true false false false false true true true 2 false false false X 38 37 true false false false false true false true true false false true true true true true true true true false WI X THOMAS PONTO 9207488108 RIPON COLLEGE 300 SEWARD STREET Ripon WI 54971 Thomas W Abendroth 1.0 X 0 0 Victoria L Bleise 1.0 X 0 0 Doreen Conforti Chemerow 1.0 X X 0 0 James R Clark 1.0 X 0 0 James Connelly 1.0 X 0 0 Scott L Dicks 1.0 X 0 0 Dennis G Frahmann 1.0 X 0 0 Mark Franzen 1.0 X 0 0 Jane Frederick 1.0 X 0 0 Stephanie Greene 1.0 X 0 0 Helen Hansen 1.0 X 0 0 David G Hartman 1.0 X 0 0 Guy R Henshaw 1.0 X 0 0 Marcus D Hoffman 1.0 X 0 0 David Janssen 1.0 X 0 0 William Chester Jordan PhD 1.0 X 0 0 Robb Kahl 1.0 X 0 0 Robert J Kirkland 1.0 X X 0 0 Martin Lindsay 1.0 X 0 0 William C MacLeod 1.0 X 0 0 Philip K McCullough MD 1.0 X 0 0 Susan Meier 1.0 X 0 0 Zachariah Messitte 40.0 X X 103904 0 35184 Gary Page 1.0 X 0 0 Ronald R Peterson 1.0 X X 0 0 Michael R Reese 1.0 X 0 0 Cheryl K Rofer 1.0 X 0 0 John C Ryberg 1.0 X 0 0 Joann Selleck 1.0 X 0 0 Pamela Price Smith 1.0 X 0 0 Scott Spiller 1.0 X 0 0 Richard J Srednicki 1.0 X 0 0 Katherine Stewart 1.0 X 0 0 Leslie Sullivan 1.0 X 0 0 Peter Tuz 1.0 X 0 0 Matthew Umhoefer 1.0 X 0 0 Bryant Vande Kolk 1.0 X 0 0 Dena G Willmore 1.0 X X 0 0 Mark J Wright 1.0 X X 0 0 Robert J Zimmerman 1.0 X 0 0 Mary deRegnier 40.0 X 127315 0 26996 Gerald Seaman 40.0 X 172952 36134 Wayne P Webster 40.0 X 134013 20963 538184 0 119277 4 false true false Sodexo P O Box 70060 CHICAGO IL 60673 Food & Housekeeping 3665088 Lamers Bus Lines 2407 S Point Rd GREEN BAY WI 543135498 Bus Services 104788 2 876988 5488520 829959 6365508 TUITION & FEES 812900 26272860 26272860 AUXIL. ENTERPRISES 812900 6592370 6592370 32865230 1058847 137276 921571 0 0 0 0 0 1174535 3000 867211 0 307324 3000 310324 310324 0 47880 7285 40595 40595 0 SUMMER CAMP/CONF. 721000 96215 96215 MISCELLANEOUS 812900 344437 264415 80022 440652 41081156 33129645 233491 1352512 0 13111683 13111683 0 0 413737 349557 64180 0 10012325 8483433 506432 1022460 571813 478723 32906 60184 2484863 1520633 791604 172626 712748 580429 56501 75818 0 10747 500 10247 70186 70186 0 0 75000 75000 2617350 2200495 280471 136384 33244 17160 15634 450 1022183 781871 188948 51364 418793 414403 4350 40 0 1448455 1417878 30577 660656 515696 44105 100855 0 253662 95829 105651 52182 429752 419984 8589 1179 0 1547577 1258641 288936 180014 167829 12185 FOOD SERVICE CONTRACT 1831556 1831556 STUDENT ACTIVITIES 565691 565691 PROMOTIONS & AWARDS 553551 50302 501039 2210 REPAIRS & MAINTENANCE 416817 326348 90312 157 1521180 992796 483262 45122 40963583 35231880 3946492 1785211 212667 172220 2959819 2382584 7130685 4305292 945565 861711 0 0 0 0 2722331 2822773 8399 6945 240798 300231 64272369 27311686 38028729 36960683 57389942 66936841 0 0 0 0 0 0 7262966 7446886 116901901 122196166 2071337 1986901 2549916 2573474 77658 48491 23165000 23165000 0 0 0 0 2650003 1899362 0 0 6210354 5029165 36724268 34702393 X 7615372 8821751 12158541 16953587 60403720 61718435 80177633 87493773 116901901 122196166 X 117573 6797607 400960 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1072685 X X X false 65493748 2296488 7989793 2493227 73286802 64160017 5291561 -1667270 2290560 0 0 65493748 52070009 3076708 11479108 2465808 0 0 64160017 46828587 818348 5991667 1558730 9863 0 52070009 56406983 450531 -9023226 1005701 0 0 46828587 0.02447 0.84111 0.13442 true false 560766 560766 54251000 22061233 32189767 9460603 5250453 4210150 36960683 CASH SURRENDER VALUE-LIFE INS 1408145 BOND FINANCING COSTS, NET 278379 BENEFICIAL INTEREST IN TRUSTS 4687677 WORKS OF ART 1072685 7446886 0 ANNUITIES PAYABLE 134415 DEFERRED SUPPORT/SPLIT INT. 116517 ACCRUED POSTRETIREMENT BENEFIT 3415302 CONDTNL ASSET RETIREMENT OBLIG 725223 OTHER LONG-TERM LIABILITIES 637708 5029165 X 35269537 6797607 502457 7300064 27969473 13111683 13111683 41081156 27953397 101497 101497 27851900 13111683 13111683 40963583 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, 2013, the statute of limitations is no longer open for years before 2010 for federal income tax purposes. For state income tax purposes, the statute of limitations is no longer open for years before 2009. As of June 30, 2013 and 2012, 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, 2013 and 2012. OTHER REVENUE ON FINANCIAL STMTS NOT ON FORM 990 SCHEDULE D, PART XI, LINE 2D INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE POLICIES 50,591 INTERDEPARTMENTAL CHARGES FOR VEHICLES & PHOTOCOPYING 94,212 GAMING EXPENSES PRESENTED NET OF REVENUE 7,285 CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 204,934 CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS HELD BY OTHERS 145,435 TOTAL $502,457 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 $13,111,683 OTHER EXPENSES ON FINANCIAL STMTS NOT ON FORM 990 SCHEDULE D, PART XII, LINE 2D INTERDEPARTMENTAL CHARGES FOR VEHICLES & 94,212 PHOTOCOPYING GAMING EXPENSES PRESENTED NET OF REVENUE 7,285 TOTAL $101,497 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 $13,111,683 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 5981544 5981544 5981544 false false false true false false 47880 5200 2085 true 0.88000 47880 5200 2085 7285 40595 WI true false false false 0.70000 0.30000 Lori Schulze 300 Seward Street Ripon WI 54971 false Julie Johnson 0 Conducts the athletics raffle X false COMPENSATION OF GAMING MANAGER SCHEDULE G, PART III, LINE 16 THE GAMING MANAGER IS AN EMPLOYEE OF RIPON COLLEGE. THE EMPLOYEE DOES NOT RECEIVE ANY ADDITIONAL COMPENSATION RELATING TO HER DUTIES AS THE GAMING MANAGER. true Various 837 10986339 Endowed Scholarships 389 2125344 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 Mary deRegnier 127315 0 0 9263 0 17733 0 154311 0 0 Gerald Seaman 172952 12649 23485 209086 Wayne P Webster 131724 2289 9381 11582 154976 Housing allowance AND WRITTEN POLICY Schedule J, Part I, Line 1a & 1b IRS INSTRUCTIONS TO FORM 990 REQUIRE THAT THE FAIR MARKET VALUE OF HOUSING PROVIDED TO EMPOLOYEES 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 TAX YEAR 2013, 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 WHEFA Adj Rate Put Option Rev Bond Series 2006 391337855 97710VH35 2006-06-29 23165000 CONTR, RENNOV, REFUND '93/'94 false false false A 0 0 24211695 0 0 0 351001 0 0 20684175 0 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 BANKBMOHARRIS 7. false false false 0 false false A false No Rebate Due Schedule K, Part IV, Line 2c The rebate computation was performed on 6/1/2011. X 15630 appraised value X 32 461038 FAIR MARKET VALUE X 2 320008 FAIR MARKET VALUE X Fundraising event 7 3757 COST/SELLING PRICE X Alumni, Adm & Adv Events 19 28321 COST/SELLING PRICE X Student Events 5 1205 COST/SELLING PRICE 2 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. TRUSTEES' BUSINESS RELATIONSIHP WITH OTHER TRUSTEES Form 990, Part VI, Section A, Line 2 Two of Ripon College's trustees James Conelly AND James Clark mutually possess a business relationship. Robert J. Kirkland and Thomas W. Abendroth possess a business relationship. 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 of top management official Form 990, Part VI, Section B, Line 15a & 15b The Executive Committee, subject to the approval of the Board, is responsible for determining the salary level for the President. The Executive Committee, upon the recommendation of the President, is also responsible for determination of salary level for the Assistant Treasurer and Vice President for Finance. Both the President and the Assistant Treasurer and Vice President for Finance receive the annual across the board increase/decrease that the board approves and awards to all employees. The Executive Committee considers adjustments in the compensation of the President and the Assistant Treasurer and Vice President for Finance on an annual basis. Any special increase/decrease for either position is communicated by letter. Reviews of comparable positions at peer institutions are conducted for reasonableness. 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 204,934 Change in value of beneficial interest in perpetual trusts held by others 145,435 Increase in cash surrender value of life insurance policies 50,591 Total Increase in net assets of fun balances 400,960 WAICU Educ Technology Consortium 122 W Washington Avenue Madison WI 53703 203202578 IT Systems WI 501(c)(3) 11A NA false false false false false false false false false false false false false false false false true false false false