2013-04-15T14:53:00-07:00 2012-05-31 990 2011-06-01 590624440 Rollins College ROLL 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 32789 Jeffrey G Eisenbarth 2013-04-15 2011 2016-02-25 16:41:14Z 407551161 false false X www.rollins.edu X 1885 FL Education and Public Service Mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values and ideals. Our guiding principles are excellence, innovation and community.We provide opportunities for students and the community to explore diverse intellectual, spiritual and aesthetic traditions. We are dedicated to scholarship, academic achievement, creative accomplishment, cultural enrichment, social resonsibility and environmental stewardship. 30 29 2185 700 0 -74351 19655405 16706088 107699382 112414210 19182713 17460242 1663265 1578066 148200765 148158606 30617135 32771938 0 59134072 61448116 90469 67089 5396442 50226685 51700389 140068361 145987532 8132404 2171074 564474502 568732978 124314302 155838260 440160200 412894718 Education and Public Service Mission:Rollins College educates students for global citizenship and responsibile leadership, empowering graduates to pursue meaningful lives and productive careers. We are committed to liberal arts ethos and guided by its values and ideals. Our guiding principles are excellence, innovation and community.We provide opportunities for students and the community to explore diverse intellectual, spiritual and aesthetic traditions. We are dedicated to scholarship, academic achievement, creative accomplishment, cultural enrichment, social resonsibility and environmental stewardship. false false 101916411 32771938 95604209 Rollins College provided liberal arts and graduate educational courses to 3,272 students who took a combined 95,926 credit hours of classes; a total of 571 undergraduate and 327 graduate degrees were awarded; and a variety of other educational and cultural programs were offered to the community during the fiscal year ended May 31, 2012. 22153230 16810001 Rollins College operated various auxiliary enterprises including dining, housing and bookstore services for the convenience and well-being of its students, faculty and staff. 124069641 true true false false false false false true false true true false false false true true false true true true true false false true true false false false true true true false false false false false false false false true false true false false false true false false false false false true 4685 0 true 2185 true true true true AS false false false true true true true false 0 false false false false false false false false false false false X 30 29 false false false false false false false true true false true true true true true true true true true true false false FL X X William Short 4076462125 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 Victor A Zollo Jr 2.00 X 0 0 0 Kurt M Wells 2.00 X 0 0 0 Winifred Martin Warden 2.00 X 0 0 0 Harold A Ward III 2.00 X X 0 0 0 Erin J Wallace 2.00 X 0 0 0 Philip E Tiedtke 2.00 X 0 0 0 R Michael Strickland 2.00 X 0 0 0 Sam Stark 2.00 X 0 0 0 Dianne Rice 2.00 X 0 0 0 Robert B Ourisman 2.00 X 0 0 0 Michael P O'Donnell 2.00 X 0 0 0 John C Myers III 2.00 X 0 0 0 Michael Maher Esq 2.00 X 0 0 0 David H Lord 2.00 X X 0 0 0 Thomas G Kuntz 2.00 X 0 0 0 Allan E Keen 2.00 X 0 0 0 Susan Whealler Johnston 2.00 X 0 0 0 Samuel W Hocking Jr 2.00 X 0 0 0 Rick Goings 2.00 X 0 0 0 Alan H Ginsburg 2.00 X 0 0 0 Ronald G Gelbman 2.00 X 0 0 0 Jon W Fuller 2.00 X 0 0 0 Lewis M Duncan 80.00 X X 384033 0 93094 Andrew J Czekaj Sr 2.00 X 0 0 0 James E Chanin 2.00 X 0 0 0 Dominick Cavouto 2.00 X 0 0 0 William H Bieberbach 2.00 X 0 0 0 Clay M Biddinger 2.00 X 0 0 0 Bruce A Beal 2.00 X 0 0 0 Francis H Barker 2.00 X 0 0 0 Theodore B Alfond 2.00 X 0 0 0 F Duane Ackerman 2.00 X 0 0 0 Donna M Tucker 40.00 X 50631 0 12986 Lorraine M Kyle 60.00 X 119072 0 30725 William H Short 50.00 X 124352 0 33945 Steve Neilson 50.00 X 0 0 0 Ronald J Korvas 50.00 X 211354 0 28193 Laurie M Joyner 50.00 X 205316 0 43360 Jeffrey G Eisenbarth 50.00 X 265373 0 33347 Carol M Bresnahan 50.00 X 120935 0 16591 David Erdmann 50.00 X 177976 0 32280 Craig McAllaster 50.00 X 223178 0 40726 Greg Marshall 50.00 X 217326 0 69196 Mark Johnston 50.00 X 230551 0 37143 Stephen L Gauthier 50.00 X 199514 0 74617 Ronald Piccolo 50.00 X 184956 0 32695 Jordan Singleton 50.00 X 206445 0 31405 James Gerhardt 50.00 X 220843 0 42687 3141855 652990 64 true true false Royall & Company Inc 1920 East Parham Rd Richmond VA 232282206 New student search 391555 Einhorn Yaffee Prescott Architecture & Engine NanoFab East 257 Fuller Rd Albany NY 12203 Architect services 1885474 Company PartnersLLC 968 Lake Baldwin Ln Orlando FL 32814 Construction 1870602 Brasfield & Gorrie LLC 200 Colonial Ctr Pkwy Ste 200 Lake Mary FL 32751 Construction 647918 Baker Barrios Architects Inc 189 S Orange Av Ste 1700 Orlando FL 32801 Architect services 567697 25 52589 212276 1171374 15269849 16706088 Student tuition 93880263 93880263 Philanthropy/oth programs 705773 705773 Other revenue 154781 154781 Auxiliary income 16810001 16810001 Athletic programs 645537 645537 217855 217855 112414210 5982358 5982358 0 261694 261694 3590093 2294825 1295268 1295268 1295268 268438856 256960972 11477884 11477884 11477884 157862 212276 136758 21104 21104 0 0 0 148158606 112414210 19038308 0 32771938 32771938 0 0 2404597 2079272 325325 0 43951753 37387564 4054826 2509363 3329384 2784321 341697 203366 8652808 6965467 1128454 558887 3109574 2464754 442222 202598 0 200171 54437 145729 5 147525 147525 0 67089 67089 1250335 1250335 2613416 1684001 708302 221113 1046883 595319 316649 134915 5152729 3463763 1510864 178102 3215767 2300421 779274 136072 5381 5381 10979111 9868373 1001550 109188 5212095 4266004 447638 498453 0 1261729 1157150 66451 38128 0 0 10523084 10075569 348587 98928 302495 177362 111491 13642 Miscellaneous 1468749 453174 1015575 Facility maint., repairs, supp 1530034 1277908 239100 13026 Off campus tuition,room,board 1936613 1936613 Food purchases 4344457 4344457 509815 35665 385908 88242 145987532 124069641 16521449 5396442 5101324 3434808 20761500 44938148 19616527 23287006 1356327 1440642 0 0 5227587 2484904 255972 113324 2666728 2219673 258154751 102041611 149357768 156113140 341237690 317668226 0 1641185 1745680 0 17251894 15287427 564474502 568732978 8252832 9669313 2839485 2176892 79216106 109641451 24465977 24591293 9539902 9759311 124314302 155838260 X 140489282 119148498 104551998 100858114 195118920 192888106 440160200 412894718 564474502 568732978 X 2171074 -29436556 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 357600595 2361692 -10729721 5981461 9615105 1376210 332261790 290860985 22451930 59984368 5188499 9210918 1297271 357600595 269821869 1566480 34493471 5038509 8751046 1231280 290860985 0.20060 0.79940 true false false 1102714 32602929 33705643 16476255 140849566 60378873 96946948 4510616 3193668 1316948 246600 22665076 17620212 5291464 609799 39091196 20848858 18852137 156113140 SWAP value liability 5413000 Government advances for student loans 1398645 Capital lease payable 773306 Annuity and life income payable 2174360 9759311 148158606 145987532 2171074 -27683680 -1752876 -29436556 -27265482 115523426 136758 136758 115386668 32771938 32771938 148158606 114318472 2353213 2353213 111965259 1250335 32771938 34022273 145987532 Part X Part X : FIN48 Footnote The College's policy is to record a liability for any tax position taken that is beneficial to the College, including any related interest and penalties, when it is more likely than not the position taken by management with respect to a transaction or class of transactions will be overturned by a taxing authority upon examination. Management believes there are no such positions as of May 31, 2012 and, accordingly, no liability has been accrued. Part XIII, Line 4b Part XIII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships $32771938 Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S Direct fundraising exp. reported Line 9b $136758 Loss on early extinguishment of debt $539801 Change in FMV of SWAP agreement $1676654 Part XII, Line 4b Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Scholarships $32771938 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 Direct fundraising exp. reported Line 9b $136758 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Change in value - split interest agreements $463579 Loss on early extinguishment of debt $ -539801 Change in FMV on SWAP agreement $ -1676654 Part V, Line 4 Part V, Line 4: Intended uses of the endowment fund. Endowment distribution supports expenditures such as Scholarships, Professor Salaries & Faculty Development, Library Resources, the Athletic Program, the Cornell Fine Arts Museum, Academic Program Support and Plant Maintenance. Part III, Line 4 Part III, Line 4: Description of organization's collections and how it furthers its purpose. Cornell Fine Arts Museum collection:The Cornell Fine Arts Museum (CFAM) has more than 5,000 objects from antiquity to the contemporary. Major collection works include Renaissance and Old Masters with additional strengths in landscape and portraiture and a collection of work from the Bloomsbury Circle.CFAM mission and how accomplished:CFAM educates, enriches and engages students and the public through exhibitions and an array of programs. Curatorial and educational staff members illustrate links between works of art and a variety of curricula. CFAM enhances traditional classroom learning across all disciplines with docent-led tours; teacher workshops; films; public programs including lectures by Distinguished Visiting Scholars and Artists; and other activities such as CFAMilies, an art project for children of all ages and adults to enjoy together. The museum offers free admission to all student visitors. Part III, Line 1a Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o The College does not record or capitalize its collections of works of art, historical treasures or similar assets. These collections are held for public exhibition, education and research in furtherance of the College's educational and public service mission. The collections are appropriately cared for and preserved and are subject to a College policy that requires the proceeds from sales, if any, of collection items to be used to acquire other items for the collection. true true true true true true true false false false false false false false false true false true Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized Nondiscriminatory policies are stated in advertisements soliciting student enrollment, in class schedules and in student recruiting brochures. true Europe 0 0 Program-Czech Republic S-T study abroad 15670 Europe 0 0 Program-Western Europe S-T study abroad GM 30505 Sub-Saharan Africa 0 0 Program-South Africa S-T study abroad 31055 East Asia and the Pacific 0 0 Program-Thailand S-T study abroad 45812 Middle East 0 0 Program-Israel S-T study abroad 17659 East Asia and the Pacific 0 0 Program-China S-T study abroad 32349 Europe 0 0 Program-U.K. S-T study abroad 20244 Central America/Caribbean 0 0 Program-Cuba S-T study abroad 41853 Europe 0 0 Program-Italy S-T study abroad 21119 Central America/Caribbean 0 0 Program-Bahamas S-T study abroad 22069 Central America/Caribbean 0 0 Program-Costa rica S-T study abroad 63020 Europe 0 0 Program-London, U.K. S-T Study abroad 31519 Europe 0 0 Program-Spain Summer study abroad 133512 East Asia and the Pacific 0 0 Program-Shanghai, China Study abroad 209939 Sub-Saharan Africa 0 0 Program-Rwanda and Uganda SIT Study abroad 33768 Sub-Saharan Africa 0 0 Program-Tanzania SIT Study abroad 18071 Middle East/ North Africa 0 0 Program-Oman SIT Study Abroad 19121 Sub-Saharan Africa 0 0 Program-Kenya SIT Study abroad 16850 South America 0 0 Program-Chile SIT Study abroad 18801 South America 0 0 Program-Brazil SIT Study abroad 88787 East Asia and the Pacific 0 0 Program-Australia SIT study abroad 19269 Europe 0 0 Program-Greece Study abroad 54242 East Asia and the Pacific 0 0 Program-Hong Kong Study abroad 1277 Europe 0 0 Program-Hollins, France Study abroad 63792 Europe 0 0 Program-Lancaster, U.K. Study abroad 88469 Europe 0 0 Program-RAP Trinity,Italy Study abroad 149934 South America 0 0 Program-Argentina Study abroad 12617 Europe 0 0 Program-Germany Study abroad 38411 Europe 0 0 Program-London Study abroad 333960 Europe 0 1 Program-Asturias, Spain Study abroad 121147 East Asia and the Pacific 0 1 Program-Sydney, Australia Study Abroad 346969 2 2 1425485 716325 2141810 X true false false true true false Grantmaker's Description of How Grants are Used in Foreign Country Potential grant recipients complete applications that are specific to a particular grant funding source. The Financial Aid office reviews applications to determine that eligibility requirements such as GPA, credit hours and residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts. Awards are applied as non-cash credit to student accounts receivable to further ensure that proceeds are utilized for the intended purposes. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and ensuring that funds not utilized for the intended purpose are returned to the original funding program. X X X X X X X true RuffaloCODY Kirkwood N RdSW Cedar Rapi IA 52404 Telemarketing false 142466 67089 75377 142466 67089 75377 FL Starry, Starry Night 370138 212276 157862 44769 7625 84364 370138 212276 157862 44769 7625 84364 136758 21104 true X 0 0 Scholarships - Hamilton Holt School 22 20189 Tuition & related expenses Scholarships - Crummer Graduate School 106 1514316 Tuition & related expenses Rollins grants 702 8394611 Tuition & related expenses Other assistance 96 162235 Tuition & related expenses Merit Scholarships 773 9300482 Tuition & related expenses Government grants 194 275300 Tuition & related expenses Endowed Scholarships 551 7840778 Tuition & related expenses Donated Scholarships 234 552504 Tuition & related expenses Cornell Scholars 31 1444620 Tuition & related expenses Athletic grants 148 3209304 Tuition & related expenses ACS Exchange Tuition 2 57600 Tuition & related expenses Grantmaker's Description of How Grants are Used Potential grant recipients complete applications that are specific to a particular grant funding source. The Financial Aid office reviews applications to determine that eligibility requirements such as GPA, credit hours and residency and enrollment status are met. Student applicants receive an award letter identifying the funding programs and award amounts. Awards are applied as non-cash credit to student accounts receivable to further ensure that proceeds are utilized for the intended purposes. Enrollment data is reviewed daily by the Financial Aid office to assure that students remain enrolled. The Registrar's office provides information such as withdrawal notices to facilitate the Financial Aid office in periodically monitoring eligibility criteria and assuring that funds not utilized for the intended purpose are returned to the original funding program. X X true true X X X X X X false true false false false false false false false false William H Short 124352 13142 20803 158297 Stephen L Gauthier 199514 13892 60725 274131 Ronald Piccolo 184956 12986 19709 217651 Ronald J Korvas 211354 17506 10687 239547 Mark Johnston 230551 14154 22989 267694 Lewis M Duncan 384033 24500 68594 477127 Laurie M Joyner 205316 21312 22048 248676 Jordan Singleton 206445 14994 16411 237850 Jeffrey G Eisenbarth 265373 24500 8847 298720 James Gerhardt 220843 20500 22187 263530 Greg Marshall 217326 14333 54863 286522 David Erdmann 177976 17541 14739 210256 Craig McAllaster 223178 22650 18076 263904 Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Orange County Educational 593445650 684499BV7 2007-09-07 25581853 Acquire/construct educational false false false Higher Educational Facili 900058227 34073TBU0 2010-04-29 37121260 Refund 08 OCEFA/Renovate capit false false false Higher Educational Facili 900058227 34073TDT1 2012-03-14 48635258 Refund 02 OCEFA & Renovations false false false 1310000 25907609 569012 25338597 2009 false false true true 37124402 316260 8203142 28605000 2011 true false true true 48635258 434421 17364884 30835953 false true false true false true true true false 0.00600 0.00600 true false true true true false 0.00200 0.00200 true false true true true false true false false false false false true false false false false false true false false false false false false X Sudie Eisenbarth Family member 72931 Employment services false Paula Hammer Family member 39187 Employment services false X 12 1495439 false true false Form 990, Part VI, Line 1a Honorary Trustees:(a)Honorary Trustees shall be entitled to attend all meetings of the Board of Trustees and all meetings of the Executive Committee, the Finance Committee, the Education Committee, and the Development and Alumni Relations Committee, but Honorary Trustees shall not be entitled to vote at meetings of the Board or at meetings of any committee of the Board except as provided below.(b)Honorary Trustees shall be eligible for appointment or election to any standing or special committee of the Board, and if appointed or elected, they shall be entitled to vote.Executive Committee:(a)The Board of Trustees exercises its responsibility for the overall supervision of the College between meetings of the Board through its Executive Committee. The Chairman of the Board is a member of the Executive Committee and Chairman thereof. The President of the College and the Vice Chairman of the Board are members of the Executive Committee. The Secretary of the College is the Secretary of the Executive Committee and keeps a full record of all of its transactions and proceedings. The Executive Committee performs such further functions as shall be specifically delegated or authorized by the Board of Trustees at a regular or special meeting.(b)The Executive Committee will:(1)Review regularly the functions and operations of the College;(2)Review and approve recommendations by the President of the College with respect to the functions and operations of the College;(3)Carry out the functions of the Board of Trustees between meetings of the Board. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Description of published documents:Rollins College publishes its Conflict of Interest Policy on its website, which is available to the general public. The College also publishes its audited financial statements online. The College's bylaws are not published or made available to the general public. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Description of process of determining compensation of Officers and Key Employees [other than President]:Rollins College has a Compensation Committee chartered by the Board of Trustees. In addition to compensation areas related to the President, the Compensation Committee is also charged with reviewing a summary of the President's evaluation of the Vice Presidents, and reviewing and approving the President's recommendation for all elements of the compensation for the Vice Presidents. As to officers and key employees of the College below the level of Vice President, the compensation level is determined by the immediate supervisor and/or the head of the department, which is typically a Vice President or Dean of the College. In any case where the compensation approver is not a Dean or Vice President, at least two approvals are required--the immediate supervising manager and his or her manager at the next higher level. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Description of Conflict of Interest monitoring and enforcement:During the spring of each year the College canvasses all Trustees, who are asked to complete a Conflict of Interest disclosure form noting any membership(s) in for-profit boards and any not-for-profit boards. Additionally, they are asked to indicate whether they hold a 5% or greater ownership interest in these organizations. All College officers, Directors, and Key Employees are also required to complete a Conflict of Interest disclosure form. Each College staff person as identified above, also signs a statement confirming whether or not a conflict exists. A summary document (spreadsheet) is prepared by the President's Office that includes all Trustees and Officers of the College. This document is presented to and reviewed in detail by the Audit Committee, usually at the May meeting each year. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process Description of Form 990 review process:A review of the full Form 990 excluding Schedule B is conducted by the President, CFO/VP Treasurer, AVP/Director of Finance, and Audit Committee of the Board of Trustees. Actionable questions or comments are addressed and resolved. The full Form 990 including Schedule B is provided to the full Board of Trustees. Actionable questions or comments are addressed and resolved before the Form 990 is filed. Client Note 1 - Statement 7Form 990-T, Part II, Line 201. Total Contributions ..........................$ 155,726.2. Contributions Allowed in 2011 ................. 0.3. 2006 Expired Contributions ................... 6,569.4. Adjustments per Section 170(d)(2)(B) ......... 4,900.5. Carryover to 2011 (Line 1 less 2, 3, 4) ...... 144,257. Amount Amt Converted Deducted Tentative to NOL per Carryover Year Contribution in 2011 Carryover Sec 172(b)(2) to 2012 2006 $ 6,569. $ 0. $ 6,569. $ 0. $ Expired 2007 8,484. 0. 8,484. 0. 8,484. 2008 34,395. 0. 34,395. 0. 34.395. 2009 26,133. 0. 26,133. 0. 26,133. 2010 40,224. 0. 40,224. 4,900. 35,324. 2011 39,921. 0. 39,921. 0. 39,921. Totals $ 155,726. $ 0. $155,726. $ 4,900. $144,257. Langford RCI LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 461775419 Acquire real property FL Rollins College Holt Properties LLC 1000 Holt Avenue - CB 2715 Winter Park FL 327894499 461788412 Acquire real property FL Rollins College false false false false false false false false false false false false false false false false false false