2013-05-13T16:56:42-05:00 2012-06-30 431126847 WILLIAMS-KEEPERS LLC 2005 WEST BROADWAY SUITE 100 COLUMBIA MO 65203 990 2011-07-01 710246213 LYON COLLEGE LYON 5017939813 PO BOX 2317 2300 HIGHLAND ROAD BATESVILLE AR 72501 DAVID L HERINGER 8703077326 2013-05-13 1 STEPHEN C SMITH P00048938 5734426171 2011 2016-03-07 17:11:31Z KENNETH J REUTER 2300 HIGHLAND DRIVE BATESVILLE AR 72503 34896104 0 X WWW.LYON.EDU X 1872 AR LYON COLLEGE OFFERS A LIBERAL ARTS EDUCATION OF SUPERIOR QUALITY IN A PERSONALIZED SETTING. A SELECTIVE, INDEPENDENT, UNDERGRADUATE, RESIDENTIAL TEACHING AND LEARNING COMMUNITY AFFILIATED WITH THE PRESBYTERIAN CHURCH (USA). LYON ENCOURAGES THE FREE INTELLECTUAL INQUIRY ESSENTIAL TO SOCIAL, ETHICAL AND SPIRITUAL GROWTH. WITH A RICH SCHOLARLY AND RELIGIOUS HERITAGE, LYON DEVELOPS, IN A CULTURE OF HONOR, RESPONSIBLE CITIZENS AND LEADERS COMMITTED TO CONTINUED PERSONAL GROWTH AND SERVICE. 33 33 514 0 4124 0 1743285 7592287 16142314 15790907 1209875 3629312 -78396 780806 19017078 27793312 7124936 6944783 0 0 7638237 7628739 0 0 568634 9277332 9509418 24040505 24082940 -5023427 3710372 69246874 73456954 20957266 21412581 48289608 52044373 X LYON COLLEGE OFFERS A LIBERAL ARTS EDUCATION OF SUPERIOR QUALITY IN A PERSONALIZED SETTING. A SELECTIVE, INDEPENDENT, UNDERGRADUATE, RESIDENTIAL TEACHING AND LEARNING COMMUNITY AFFILIATED WITH THE PRESBYTERIAN CHURCH (USA). LYON ENCOURAGES THE FREE INTELLECTUAL INQUIRY ESSENTIAL TO SOCIAL, ETHICAL AND SPIRITUAL GROWTH. WITH A RICH SCHOLARLY AND RELIGIOUS HERITAGE, LYON DEVELOPS, IN A CULTURE OF HONOR, RESPONSIBLE CITIZENS AND LEADERS COMMITTED TO CONTINUED PERSONAL GROWTH AND SERVICE. 0 0 11498683 12648847 INSTRUCTION & OTHER ACADEMIC PROGRAMS AND ACADEMIC SUPPORT - UNDERGRADUATE AND NON-CREDIT CLASSES ARE PROVIDED. 6944783 6944783 STUDENT AID AND STUDENT LOANS - SCHOLARSHIPS, WORK STUDY PROGRAMS, AND LOANS ARE MADE AVAILABLE TO ENABLE STUDENTS TO CONTINUE THEIR EDUCATIONS. 2219778 3137936 STUDENT SERVICES & AUXILARY ENTERPRISES - HOUSING, FOOD SERVICES, AND BOOKSTORE ACTIVITIES ARE PROVIDED AS A SERVICE TO THOSE ON CAMPUS TO ENHANCE CAMPUS LIFE. 20663244 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 91 0 1 514 0 1 1 0 0 0 0 0 0 0 0 0 X 33 33 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 1 0 X X KENNETH J RUETER 8703077326 2300 HIGHLAND DRIVE BATESVILLE AR 72503 MR RAYMOND A LACROIX JR 0.50 X X 0 0 0 MR STEPHEN P WILLIAMS '82 0.50 X X 0 0 0 MR CHARLES B WHITESIDE III 0.50 X X 0 0 0 MR RICKY DAVIS '80 0.50 X X 0 0 0 MS KAY KELLEY ARNOLD 0.50 X 0 0 0 MR DON BEDELL 0.50 X 0 0 0 MR BILL W BRISTOW '72 0.50 X 0 0 0 DR DAVID CHURCHILL '81 0.50 X 0 0 0 MR JOHN COOKE '80 0.50 X 0 0 0 DR VICTORIA CRITTENDEN '78 0.50 X 0 0 0 MS MONICA DAY '11 0.50 X 0 0 0 REVEREND WILLIAM F GALBRAITH 0.50 X 0 0 0 REVEREND DR GORDON GARLINGTON III 0.50 X 0 0 0 REVEREND BRIEN NIX HALL '92 0.50 X 0 0 0 MR ERIC HANCE '78 0.50 X 0 0 0 REV STEPHEN HANCOCK 0.50 X 0 0 0 MR PAUL K HOLMES III 0.50 X 0 0 0 MR DAVID L JONES '99 0.50 X 0 0 0 DR SCOTT MERRELL '92 0.50 X 0 0 0 MS MARTHA MILLER '73 0.50 X 0 0 0 MR MARK NICHOLS 0.50 X 0 0 0 MS BRIDGET NUTT '10 0.50 X 0 0 0 MS SARAH L OQUIST '93 0.50 X 0 0 0 MR BOBBY OSBORNE '65 0.50 X 0 0 0 MR W LEN RAYBURN '91 0.50 X 0 0 0 DR TARA REYNOLDS '95 0.50 X 0 0 0 MR JAMES RUTHERFORD III 0.50 X 0 0 0 MR JD SIMPSON III 0.50 X 0 0 0 DR SHANE SMITH '93 0.50 X 0 0 0 REVEREND STEWART SMITH 0.50 X 0 0 0 MR WARREN STEPHENSON 0.50 X 0 0 0 DR BILL L TRANUM 0.50 X 0 0 0 MS DEBORAH WILLHITE '74 0.50 X 0 0 0 MR PERRY WILSON 0.50 X 0 0 0 MR SCOTT WOOD 0.50 X 0 0 0 DR ROBERT YOUNG III 0.50 X 0 0 0 DR DONALD WEATHERMAN 40.00 X 221060 0 39376 KENNETH J RUETER 40.00 X 119669 0 8949 DAVID L HERINGER 40.00 X 117647 0 5680 F BRUCE JOHNSTON JR 40.00 X 100015 0 22390 558391 0 76395 4 0 1 0 EAST HARDING 2230 COTTONDALE LANE LITTLE ROCK AR 72202 CONSTRUCTION 6317127 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 FACILITIES AND DINING MANAGEMENT 2150669 ROARK-PERKINS-PERRY-YELVINGTON PA 713 W 2ND STREET LITTLE ROCK AR 72202 ARCHITECT 347107 NABHOLZ CONSTRUCTION 2500 BROOKFIELD CONWAY AR 72032 CONSTRUCTION 293422 CUSTOM PRINTING 1724 PIKE AVENUE NORTH LITTLE ROCK AR 72114 PRINTING AND MAILING SERVICE 184080 8 1418372 6173915 209855 7592287 TUITION & FEES 900099 15770786 15770786 INTEREST ON LOANS 900099 15997 15997 DINING HALL 722320 4124 4124 15790907 1155381 1155381 13665 179426 -165761 -165761 -165761 6817986 2544772 6888827 0 -70841 2544772 2473931 2473931 63956 34539 29417 29417 INSURANCE BUSINESS INT 900099 482251 482251 MISCELLANEOUS 900099 434899 434899 917150 27793312 15786783 4124 4410118 X 6944783 6944783 362527 94031 209726 58770 5858992 4948904 705421 204667 1407220 1146980 201790 58450 12267 12267 61085 61085 95546 95546 385533 385533 61638 9549 46499 5590 851829 422166 366082 63581 9450 9450 2818974 1202389 1616503 82 514999 456359 29355 29285 26352 26327 25 717452 552223 165229 1346353 1053649 292704 281133 60844 220289 ALLOCATED PROMOTION/MAI 0 -85902 85902 ALLOCATED O&M EXPENSES 0 1790070 -1790070 STUDENT SERVICE AND OTH 970872 970872 FOOD SERVICE CONTRACT 716306 716306 639629 284669 292678 62282 24082940 20663244 2851062 568634 988437 963272 711983 978855 5302664 6090753 1017512 1358077 600006 486935 42999 44408 1036644 914622 58305602 32122490 18828286 26183112 34142895 30391450 6497040 5991357 78408 54113 69246874 73456954 1039605 2471684 15930000 15930000 2458 9155 763518 615022 3221685 2386720 20957266 21412581 X -642446 4173992 4771821 3518091 44160233 44352290 48289608 52044373 69246874 73456954 X 3710372 44393 X X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 39453320 144872 483046 882529 2081439 37117270 34902543 160668 6190109 531768 1268232 39453320 32701545 1542177 2491676 562018 1270837 34902543 39480552 615220 -4810915 1762115 821197 32701545 1.00000 1 0 101100 802916 904016 1536892 31105650 18235586 14406956 4520422 3605294 915128 11657388 10281610 1375778 8581234 8581234 26183112 FUNDS HELD IN TRUST BY OTHERS 5638467 F CERTIFICATES OF DEPOSIT 5978 F CERTIFICATES OF DEPOSIT 56755 C OTHER INVESTMENTS 202740 F OTHER INVESTMENTS 87417 C 5991357 ANNUITIES PAYABLE 415781 STUDENT DEPOSITS 182980 CONDITIONAL ASSET RETIREMENT OBLIGA 859714 FEDERAL CONTRIBUTION PAYABLE 656174 ACCRUED INTEREST PAYABLE 272071 2386720 27793312 24082940 3710372 51589 -7196 44393 3754765 21011341 51589 -6951979 -6900390 27911731 95546 -213965 -118419 27793312 17256576 213965 213965 17042611 95546 6944783 7040329 24082940 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS ARE ENDOWED FACULTY CHAIRS, CONCERTS AND LECTURES, FELLOWSHIPS, LIBRARY, FACILITY MAINTENANCE, SCHOLARSHIPS, AND GENERAL UNRESTRICTED PURPOSES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -7,196. PART XII, LINE 2D - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID -6,944,783. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -7,196. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME -179,426. AMOUNT REPORTED AS COST OF GOODS SOLD -34,539. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST INCOME 179,426. AMOUNT REPORTED AS COST OF GOODS SOLD 34,539. PART XIII, LINE 4B - OTHER ADJUSTMENTS: STUDENT FINANCIAL AID 6,944,783. 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 ALL COLLEGE RELEASES AND SOLICITATIONS INCLUDE A NONDISCRIMINATION POLICY STATEMENT. EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE SCHEDULE E, PART I, LINE 6 GRANTS AND SCHOLARSHIPS ARE MADE TO STUDENTS ON AN OBJECTIVE BASIS RELATED TO ACADEMIC PERFORMANCE AND FINANCIAL NEED. 1 STUDENT FINANCIAL AID 609 6944783 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EACH ACADEMIC YEAR THE OFFICE OF INSTITUTIONAL ADVANCEMENT PROVIDES THE OFFICE OF FINANCIAL AID A DETAILED LIST OF THE COLLEGE'S ENDOWED SCHOLARSHIPS, ALONG WITH THE CURRENT MARKET VALUE OF EACH SCHOLARSHIP, AND STATED CRITERIA RESTRICTIONS, IF ANY, REQUIRED FOR RECIPIENTS OF THOSE SCHOLARSHIPS. THE OFFICE OF FINANCIAL AID, FROM THAT LIST PROVIDED BY THE OFFICE OF INSTITUTIONAL AID, MATCHES STUDENTS WHO RECEIVE INSTITUTIONAL AID WITH THOSE ENDOWED SCHOLARSHIPS TO WHICH THEY ARE ELIGIBLE. THE LIST OF MATCHES IS THEN RETURNED TO THE OFFICE OF INSTITUTIONAL ADVANCEMENT. X X X X X 1 1 X 0 0 0 0 0 0 0 0 0 DR DONALD WEATHERMAN 221060 0 0 0 0 0 1691 0 37685 0 260436 0 0 0 PART I, LINE 1B THE CEO/PRESIDENT OF LYON COLLEGE HAS A WRITTEN CONTRACT WHICH IS RENEWED ON AN ANNUAL BASIS. THIS CONTRACT PROVIDES FOR THE PROVISIONS THAT ARE CHECKED IN PART I, 1A (TRAVEL FOR COMPANIONS, DISCRETIONARY SPENDING ACCOUNT, PERSONAL RESIDENCE, SOCIAL CLUB DUES AND A HOUSEKEEPER FOR PERSONAL SERVICES). THE CONTRACT REQUIRES THE CEO/PRESIDENT TO LIVE ON CAMPUS AND TO OPEN THE RESIDENCE TO STUDENTS, FACULTY, STAFF AND COMMUNITY AS NEEDED TO FURTHER THE COLLEGE'S MISSION. INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG4 2006-10-26 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BG6 2003-10-07 5000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BH2 2009-09-29 2930000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 INDEPENDENCE COUNTY AR PUBLIC HEALTH EDUCATION & HOUSING FACILITIES BOARD 710576691 453430BJ8 2010-06-16 3000000 EDUCATIONAL FACILITIES AND EXPENSES 0 1 0 2009 0 0 0 0 2006 0 0 0 0 2009 0 0 0 0 2011 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 FRANK LYON JR FORMER TRUSTEE 713484 INTEREST ON BONDS ISSUED BY INDEPENDENCE COUNTY, ARKANSAS PUBLIC HEALTH, EDUCATION,AND HOUSING FACILITIES BOARD SOLD IN A PRIVATE PLACEMENT TO MR. LYON 0 X 4 82028 AVG PRICE, DATE OF GIFT X 1 77500 FAIR VALUE X BIOLOGY/CHEMISTRY ITEMS 1 52327 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): NUMBER OF CONTRIBUTORS HAS BEEN USED. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS DOYLE ROGERS, JR AND BARBARA HOOVER ARE RELATED. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF BUSINESS AND FINANCE AND THE CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12 THE COLLEGE PRESIDENT'S SALARY WAS LAST EVALUATED IN AUGUST 2008. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE COLLEGE CABINET THAT INCLUDES THE VICE PRESIDENT OF ACADEMIC AFFAIRS, VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT, VICE PRESIDENT OF STUDENT AFFAIRS, VICE PRESIDENT OF ENROLLMENT SERVICES, AND VICE PRESIDENT OF BUSINESS AND FINANCE WAS LAST EVALUATED IN AUGUST 2008. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 51,589. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -7,196. TOTAL TO FORM 990, PART XI, LINE 5: 44,393. FORM 990, PART XII, LINE 2C: THE PROCESS FOR MONITORING THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED FROM PRIOR YEAR.