2014-05-15T09:08:57-05:00 2013-06-30 580692043 MAULDIN & JENKINS LLC 200 GALLERIA PKWY SE STE 1700 ATLANTA GA 303395946 990 2012-07-01 580566199 LAGRANGE COLLEGE LAGR 7068808232 601 BROAD STREET LAGRANGE GA 30240 MARTIN E PIRRMAN JR 7068808232 2014-05-14 1 ALEISA HOWELL P00936721 7709558600 2014-05-14 2012 2015-11-30 17:44:51Z DAN K MCALEXANDER 601 BROAD STREET LAGRANGE GA 30240 80918455 0 X WWW.LAGRANGE.EDU X 1831 GA EDUCATION 34 33 772 200 0 0 8300051 3536708 26238007 26946173 2960548 2173901 68198 207802 37566804 32864584 7846808 8490421 0 0 13822587 14335469 0 0 1003728 14230477 14605847 35899872 37431737 1666932 -4567153 127993764 127196569 33826072 32842877 94167692 94353692 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 24882605 8490421 26946173 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. THE EC PROGRAM OFFERS AN ASSOCIATE OF ARTS DEGREE IN GENERAL STUDIES. DURING THE 2012-13 ACADEMIC YEAR, THERE WERE 834 UNDERGRADUATE AND 68 GRADUATE STUDENTS ENROLLED AT THE COLLEGE. OF THAT NUMBER, 535 WERE RESIDENTIAL. DURING ITS SPRING 2013 COMMENCEMENT, THE COLLEGE AWARDED 283 STUDENTS WITH DIPLOMAS. DURING THE YEAR, THERE WERE 331 STUDENTS WHO PARTICIPATED IN AT LEAST ONE OF THE COLLEGE'S NCAA DIVISION III ATHLETIC PROGRAMS. 24882605 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 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 0 0 0 0 1 0 0 0 1 68 0 1 772 1 0 0 0 0 0 0 0 0 0 0 X 34 33 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 WILLIAM M HODGES 1.00 X X 0 0 0 ROBERT L CARMICHAEL JR 1.00 X X 0 0 0 NANCY K STEVENS 1.00 X X 0 0 0 CINDY AUTRY 1.00 X 0 0 0 QUILLIAN BALDWIN 1.00 X 0 0 0 TED BEASON 1.00 X 0 0 0 KEN BOATWRIGHT 1.00 X 0 0 0 JANET CASWELL 1.00 X 0 0 0 CAROL COOK 1.00 X 0 0 0 MALONE DODSON 1.00 X 0 0 0 NANCY DURAND 1.00 X 0 0 0 WILLIAM FACKLER 1.00 X 0 0 0 JAY GIESLER 1.00 X 0 0 0 SCOTT HAWKINS 1.00 X 0 0 0 DAVID HOBBS 1.00 X 0 0 0 WAYNE HUNTER 1.00 X 0 0 0 JOHN JACKSON 1.00 X 0 0 0 BOB JOHNSON 1.00 X 0 0 0 JARED JONES 1.00 X 0 0 0 JEANNETTE LITTLE 1.00 X 0 0 0 KATHY MCCOLLUM 1.00 X 0 0 0 MARIE MOSHELL 1.00 X 0 0 0 ANDY OWEN 1.00 X 0 0 0 JOE RAGLAND 1.00 X 0 0 0 EDWARD SMITH 1.00 X 0 0 0 RICK STORY 1.00 X 0 0 0 GEORGE WHEELOCK 1.00 X 0 0 0 DEEDEE WILLIAMS 1.00 X 0 0 0 SPEER BURDETTE 1.00 X 0 0 0 ANN BADDING 1.00 X 0 0 0 JIM BRUCE 1.00 X 0 0 0 NINA DULIN-MALLORY 1.00 X 0 0 0 PAT HOLDER 1.00 X 0 0 0 HAROLD LAWRENCE 1.00 X 0 0 0 DAN MCALEXANDER 40.00 X 246797 0 40201 MARTIN PIRRMAN 40.00 X 129172 0 21661 DAVID GARRISON 40.00 X 152697 0 22321 WILLIAM JONES 40.00 X 156383 0 17701 GREG MCCLANAHAN 40.00 X 100712 0 10542 785761 0 112426 5 0 1 0 NATIONAL MANAGEMENT RESOURCES CORP PO BOX 1224 LAGRANGE GA 30241 MAINTENANCE & HOUSEKEEPING SERVICE 1546283 SUNTRUST BANK POST OFFICE BOX 4418 ATLANTA GA 303024418 DEBT SERVICE AND BUS LEASE RENTALS 1479376 ARAMARK CORPORATION PO BOX 16 BROAD STREET LAGRANGE GA 30240 DINING AND CATERING SERVICES 1401513 DANIEL HAMILTON & ASSOCIATES INC 202 SMITH STREET LAGRANGE GA 30240 CONSTRUCTION CONTRACTOR 570249 STEPHENS PRINTINGSTEPHENS PRINTINGST 3683 WHITESVILLE ROAD LAGRANGE GA 30241 PRINT AND COPY SVCS 427575 19 3536708 313401 3536708 GROSS TUITION & FEES 611310 21405076 21405076 ROOM AND BOARD 611310 5248823 5248823 PROGRAM RENTS 900099 93254 93254 AQUATIC PROGRAM 900099 67351 67351 AUXILLIARY RENTS 900099 61125 61125 70544 70544 26946173 1145594 1145594 49082178 48053871 1028307 1028307 1028307 INS PROCEEDS, ETC 900099 203855 203855 REIMBURSEMENTS 900099 2060 2060 CAMPUS VENDING 900099 1887 1887 207802 32864584 26946173 0 2381703 8490421 8490421 437831 153241 240807 43783 10010284 7786904 1719390 503990 198819 145393 42774 10652 2987363 2244713 637022 105628 701172 531304 134849 35019 99856 99856 218064 218064 473329 253106 166346 53877 285916 27464 139160 119292 949432 564497 314189 70746 3932948 698120 3227999 6829 399225 275496 116738 6991 316720 206197 78769 31754 955584 954473 1111 3621424 3621424 368644 145073 223571 FOOD SERVICE 1264120 1264120 EQUIPMENT 411705 252020 159685 INTERIM TERM 262171 262171 BAD DEBT EXPENSE 221354 221354 825355 627892 182296 15167 37431737 24882605 11545404 1003728 1967969 1433508 4146734 4006195 1315537 1491690 563680 601986 232232 204183 327325 263561 110849444 42494161 70083336 68355283 44208605 45774243 2458715 2270715 2689631 2795205 127993764 127196569 901702 1462573 91006 307084 28639846 27684846 14656 27683 4178862 3360691 33826072 32842877 X 28930788 30548975 8100307 6475251 57136597 57329466 94167692 94353692 127993764 127196569 X -4567153 3807527 945626 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1449844 X X X X 0 51880358 251352 5981428 4780858 53332280 58138335 4331901 -5138876 5451002 51880358 44348776 5019358 8770201 58138335 44628962 205388 53432 539006 44348776 44468791 160171 44628962 1.00000 1 0 8355015 8355015 84451869 35868717 48583152 12849315 5446440 7402875 5193245 1179004 4014241 68355283 ADVANCES FROM FEDERAL GOVERNMENT 904737 ASSET RETIREMENT OBLIGATIONS 655417 ANNUITIES PAYABLE 119109 LIABILITY FOR INTEREST RATE SWAP 1681428 3360691 X 29127316 3807527 -7544795 -3737268 32864584 0 32864584 28941316 0 28941316 8490421 8490421 37431737 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS REPORTED IN AUDITED FINANCIAL STATEMENTS UNDER FIN 48(ASC 740-10). PART XI, LINE 2D - OTHER ADJUSTMENTS: VALUATION GAIN ON INTEREST RATE SWAP AGREEMENT 834,012. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -916. RECLASS SCHOLARSHIPS TO EXPENSE -8,490,421. CHANGE IN ASSETS HELD BY THIRD PARTIES 112,530. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS SCHOLARSHIPS AGAINST REVENUE TO EXPENSE 8,490,421. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION 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 QUARTER. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE 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 140172 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES STUDY ABROAD 35809 0 0 0 0 0 0 175981 0 175981 0 0 0 0 0 0 1 MERIT-BASED (NON-NEED-BASED) AND NEED-BASED FINANCIAL AID. 849 8490421 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 849 STUDENTS AWARDED INSTITUTIONAL SCHOLARSHIPS AND GRANTS IN 2012-2013. X X 1 1 X X 0 0 0 0 0 0 0 0 0 DAN MCALEXANDER 246797 0 0 0 0 0 7500 0 32701 0 286998 0 0 0 MARTIN PIRRMAN 129172 0 0 0 0 0 3960 0 17701 0 150833 0 0 0 DAVID GARRISON 152697 0 0 0 0 0 4620 0 17701 0 175018 0 0 0 WILLIAM JONES 156383 0 0 0 0 0 0 0 17701 0 174084 0 0 0 SUPPLEMENTAL INFORMATION PART III FORM 990 SCHEDULE J PART I, LINE 1A DAN MCALEXANDER RECEIVED A PROVISION OF HOUSING AND SOCIAL CLUB MEMBERSHIP. QUINCY BROWN, CHAPLAIN, RECEIVED A PROVISION OF HOUSING THESE BENEFITS SERVE A DOCUMENTED BUSINESS PURPOSE 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 9315154 37000000 207930 36792070 2009 1 0 0 1 A 1 HUTCHINSON TRAYLOR TRUSTEE IS OFFICER 289091 INSURANCE 0 X 19 313401 FMV 0 0 1 1 METHOD FOR DETERMINING NUMBER OF CONTRIBUTIONS: PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THIRD PARTY USE: 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 PROFESSIONAL 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: VALUATION GAIN ON INTEREST RATE SWAP AGREEMENT 834,012. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -916. CHANGE IN VALUE OF ASSETS HELD BY THIRD PARTIES 112,530. 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