STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

BENEDICTINE COLLEGE: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
BENEDICTINE COLLEGE (EIN 48-0777079)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-03-12
IRS object ID
201220729349300732
Schema version
2010v3.7
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-03-12T13:40:38-05:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11201 Walnut Suite 1700AddressLine1
CityKansas CityCity
StateMOState
ZIP Code641062246ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN480777079EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Benedictine CollegeBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlBENENameControl
Phone9133675340Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11020 N 2nd StreetAddressLine1
CityAtchisonCity
StateKSState
ZIP Code66002ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameRONALD J OLINGERName
TitleCFOTitle
Phone9133675340Phone
Date Signed2012-03-15DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMichael J EngleName
Phone8162216300Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonStephen D MinnisNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11020 N 2nd StreetAddressLine1
CityAtchisonCity
StateKSState
ZIP Code66002ZIPCode
FieldValueIRS element (for citing)
Gross Receipts55573246GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Group Exemption Number0928GroupExemptionNumber
Organization501c3XOrganization501c3
Web Sitewww.benedictine.eduWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1971YearFormation
State Legal DomicileKSStateLegalDomicile
Activity Or Mission DescriptionBENEDICTINE COLLEGE'S MISSION AS A CATHOLIC, BENEDICTINE, LIBERAL ARTS, RESIDENTIAL COLLEGE IS THE EDUCATION OF MEN AND WOMEN WITHIN A COMMUNITY OF FAITH AND SCHOLARSHIP.ActivityOrMissionDescription
Nbr Voting Members Governing Body27NbrVotingMembersGoverningBody
Nbr Independent Voting Members27NbrIndependentVotingMembers
Total Nbr Employees1005TotalNbrEmployees
Total Nbr Volunteers28TotalNbrVolunteers
Total Gross UBI255459TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year12482119ContributionsGrantsPriorYear
Contributions Grants Current Year9660866ContributionsGrantsCurrentYear
Program Service Revenue Prior Year36757326ProgramServiceRevenuePriorYear
Program Service Revenue CY40034438ProgramServiceRevenueCY
Investment Income Prior Year616689InvestmentIncomePriorYear
Investment Income Current Year2919232InvestmentIncomeCurrentYear
Other Revenue Prior Year523215OtherRevenuePriorYear
Other Revenue Current Year409304OtherRevenueCurrentYear
Total Revenue Prior Year50379349TotalRevenuePriorYear
Total Revenue Current Year53023840TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year13431868GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY14625850GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year14057296SalariesEtcPriorYear
Salaries Etc Current Year14857168SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year21550TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY48200TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year1269722TotalFundrsngExpCurrentYear
Other Expense Prior Year13510383OtherExpensePriorYear
Other Expenses Current Year15120021OtherExpensesCurrentYear
Total Expenses Prior Year41021097TotalExpensesPriorYear
Total Expenses Current Year44651239TotalExpensesCurrentYear
Revenues Less Expenses Prior Year9358252RevenuesLessExpensesPriorYear
Revenues Less Expenses CY8372601RevenuesLessExpensesCY
Total Assets BOY86836952TotalAssetsBOY
Total Assets EOY96291036TotalAssetsEOY
Total Liabilities BOY34214727TotalLiabilitiesBOY
Total Liabilities EOY35374049TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY52622225NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY60916987NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionSEE SCHEDULE 0MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense37764794Expense
Grants14625850Grants
Revenue40455691Revenue
DescriptionSEE SCHEDULE ODescription
Total Program Service Expense37764794TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArttrueCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotetrueReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchooltrueSchool
Foreign OfficetrueForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingtrueProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArttrueDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10961905NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees1005NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Form990-T FiledtrueForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OftrueForm8282PropertyDisposedOf
Number Of8282 Filed1NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members27NbrVotingGoverningBodyMembers
Number Independent Voting Members27NumberIndependentVotingMembers
Family Or Business RelationshiptrueFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonRONALD J OLINGERNamePerson
Telephone Number9133675340TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11020 N 2ND STREETAddressLine1
CityATCHISONCity
StateKSState
ZIP Code66002ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (32 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployee
Fr James Albers OSB
Director1.0X000
Larry Buessing
Director1.0X000
Shirley Chenoweth
Director1.0X000
Kevin Gray
Director1.0X000
M Darryl Jones
Director1.0X000
Lawrence S Kaminsky
Director1.0X000
Kevin E Kramer
Director1.0X000
Fr Gabriel Landis OSB
Director1.0X000
David M Laughlin
Director1.0X000
Stephen E McBride
Director1.0X000
Michael Murphy
Director1.0X000
Jack A Newman Jr
Director1.0X000
Kathleen O'Hara
Director1.0X000
S Mary Agnes Patterson OSB
Director1.0X000
Patrick J Sly
Director1.0X000
Christopher Thompson
Director1.0X000
Matthew Tynan
Director1.0X000
Carolyn Watley
Director1.0X000
Paul D Westerman
Director1.0X000
Robert S Wholey
Director1.0X000
James T O'Brien
Director/Board Chairman1.0X000X
S Anne Shepard OSB
Director/Board Secretary1.0X000X
Abbot Barnabas Senecal OSB
Director/Board SECRETARY1.0X000X
S Mary Irene Nowell OSB
Director/Assistant VICE-CHAIR1.0X000X
Susan Zubradt
Director1.0X000
MICHAEL LAUSE
DIRECTOR1.0X000
LENE WESTERMAN
DIRECTOR1.0X000
Stephen D Minnis
President40.0246548072865X
Kimberly C Shankman
Vice President40.091721023999X
Ronald J Olinger
Treasurer/CFO40.0126565014102X
Kristie R Scholz
Asst Treasurer40.06154704337X
Kelly Vowels
VP of Institutional Advancemnt40.0133379024312X
FieldValueIRS element (for citing)
Total Reportable Comp From Org659760TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation139615TotalOtherCompensation
Number Individuals GT100 K3NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Description Of ServicesDescriptionOfServicesCompensationCompensation
MERRILL LYNCH
INVESTMENT SERVICE162800
TREANOR ARCHITECTS PA
ARCHITECT FIRM298731
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
Fundraising Events372933FundraisingEvents
Government Grants94606GovernmentGrants
All Other Contributions9193327AllOtherContributions
Noncash Contributions1726403NoncashContributions
Total Contributions9660866TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION & FEES6116003111832731118327
ROOM & BOARD61160080482098048209
STUDENT ACTIVITIES611710764578764578
ATHLETIC INCOME611710103324103324
FieldValueIRS element (for citing)
Total Program Service Revenue40034438TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column540327TotalRevenueColumn
Exclusion$540,327ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column52TotalRevenueColumn
Exclusion$52ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities4517601Securities
Other2100Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities2139782Securities
Other1014Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities2377819Securities
Other1086Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column2378905TotalRevenueColumn
Exclusion$2,378,905ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events84031GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events372933CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses171710FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-87679TotalRevenueColumn
Exclusion-$87,679ExclusionAmount

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Sales Of Inventory295293GrossSalesOfInventory
Cost Of Goods Sold236900CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column58393TotalRevenueColumn
Related Or Exempt Function Income58393RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnUnrelated Business RevenueUnrelatedBusinessRevenue
PRINTING REVENUE5614391147611476
CATERING SERVICES722320153783153783
CONFERENCES5419008220082200

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column191079TotalRevenueColumn
Related Or Exempt Function Income107401RelatedOrExemptFunctionIncome
Unrelated Business Revenue8000UnrelatedBusinessRevenue
Exclusion$75,678ExclusionAmount
FieldValueIRS element (for citing)
Total Other Revenue438538TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column53023840TotalRevenueColumn
Related Or Exempt Function Income40200232RelatedOrExemptFunctionIncome
Unrelated Business Revenue255459UnrelatedBusinessRevenue
Exclusion$2,907,283ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total14625850Total
Program Services14625850ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total679656Total
Program Services122557ProgramServices
Management And General557099ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total11093767Total
Program Services9154085ProgramServices
Management And General1257937ManagementAndGeneral
Fundraising681745Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total281504Total
Program Services235072ProgramServices
Management And General27034ManagementAndGeneral
Fundraising19398Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total2066611Total
Program Services957086ProgramServices
Management And General1059595ManagementAndGeneral
Fundraising49930Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total735630Total
Program Services599734ProgramServices
Management And General90725ManagementAndGeneral
Fundraising45171Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total54081Total
Management And General54081ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total77525Total
Management And General77525ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total48200Total
Fundraising48200Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total220665Total
Management And General220665ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total2957278Total
Program Services2732383ProgramServices
Management And General110540ManagementAndGeneral
Fundraising114355Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total133444Total
Program Services74625ProgramServices
Management And General58025ManagementAndGeneral
Fundraising794Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total865799Total
Program Services488912ProgramServices
Management And General306279ManagementAndGeneral
Fundraising70608Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total349353Total
Program Services66123ProgramServices
Management And General283223ManagementAndGeneral
Fundraising7Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total1136944Total
Program Services903122ProgramServices
Management And General187140ManagementAndGeneral
Fundraising46682Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total511589Total
Program Services465059ProgramServices
Management And General22865ManagementAndGeneral
Fundraising23665Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total57269Total
Program Services52638ProgramServices
Management And General2636ManagementAndGeneral
Fundraising1995Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total1272538Total
Program Services1272538ProgramServices

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total3701823Total
Program Services3053741ProgramServices
Management And General623906ManagementAndGeneral
Fundraising24176Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total311098Total
Program Services246744ProgramServices
Management And General49372ManagementAndGeneral
Fundraising14982Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
ACADEMIC SUPPORT544624544624
AUXILIARY EXPENSES556936556936
INSTRUCTION & DEPT RESEARCH166049166049
STUDENT SERVICES725877725877
GENERAL ADMINISTRATION139383072103962807644715

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total83299Total
Fundraising83299Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total44651239Total
Program Services37764794ProgramServices
Management And General5616723ManagementAndGeneral
Fundraising1269722Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY386660BOY
EOY1311470EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY1952396BOY
EOY2597679EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY10199768BOY
EOY4764817EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY355054BOY
EOY450267EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY198890BOY
EOY199895EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY86148BOY
EOY170559EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis89374739LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec32715105LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY43054837BOY
EOY56659634EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY26431385BOY
EOY24386166EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY613648BOY
EOY671054EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY3220321BOY
EOY3177453EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY337845BOY
EOY1902042EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY86836952BOY
EOY96291036EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY2814862BOY
EOY4328041EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY31941BOY
EOY458757EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY27335520BOY
EOY26469800EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY161181BOY
EOY95950EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY3871223BOY
EOY4021501EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY34214727BOY
EOY35374049EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY19029784BOY
EOY24766910EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY17799779BOY
EOY19730583EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY15792662BOY
EOY16419494EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY52622225BOY
EOY60916987EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY86836952BOY
EOY96291036EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses8372601ReconcilationRevenueExpenses
Reconcilation Other Changes-77839ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Revenues Included1660200RevenuesIncluded
Assets In Part X1660200AssetsInPartX
FieldValueIRS element (for citing)
Held Works Of Art AmtsHeldWorksOfArtAmts
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Solicited Assets For SalefalseSolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance16778487BeginningOfYearBalance
Contributions678561Contributions
Investment Earnings Or Losses2676333InvestmentEarningsOrLosses
Grants Or Scholarships485378GrantsOrScholarships
Other Expenditures0OtherExpenditures
Administrative Expenses171852AdministrativeExpenses
End Of Year Balance19476151EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance15538813BeginningOfYearBalance
Contributions314515Contributions
Investment Earnings Or Losses1343660InvestmentEarningsOrLosses
Grants Or Scholarships200000GrantsOrScholarships
Other Expenditures54787OtherExpenditures
Administrative Expenses163714AdministrativeExpenses
End Of Year Balance16778487EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance13332708BeginningOfYearBalance
Contributions4249053Contributions
Investment Earnings Or Losses-1736993InvestmentEarningsOrLosses
Grants Or Scholarships137845GrantsOrScholarships
Other Expenditures34047OtherExpenditures
Administrative Expenses134063AdministrativeExpenses
End Of Year Balance15538813EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.07459BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.84306PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.08235TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis975865OtherCostOrOtherBasis
Book Value975865BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis76807203OtherCostOrOtherBasis
Depreciation23457522Depreciation
Book Value53349681BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis0OtherCostOrOtherBasis
Depreciation0Depreciation
Book Value0BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis11591671OtherCostOrOtherBasis
Depreciation9257583Depreciation
Book Value2334088BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis0OtherCostOrOtherBasis
Depreciation0Depreciation
Book Value0BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings56659634TotalOfBookValueLandBuildings
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescriptionAmountAmount
DEPOSITS$184,316
REFUNDABLE GOVT LOAN PROGRAMS$3,402,582
ANNUITY AND TRUST OBLIGATIONS$95,359
ASSET RETIREMENT OBLIGATION$339,244
FieldValueIRS element (for citing)
Total Of Amounts4021501TotalOfAmounts
Total Revenue53023840TotalRevenue
Total Expenses44651239TotalExpenses
Excess Or Deficit For Year8372601ExcessOrDeficitForYear
Net Unrealized GL On Investments-52739NetUnrealizedGLOnInvestments
Other-$25,100OtherAmount
Total Adjustments-77839TotalAdjustments
Excess Or Deficit Per FS8294762ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt38608740TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments-52739NetUnrealizedGainsInvestments
Donated Srvc And Use Of Facilities63479DonatedSrvcAndUseOfFacilities
Other Revenues383510OtherRevenues
Revenue Not Rptd F990394250RevenueNotRptdF990
Revenue Subtotal38214490RevenueSubtotal
Investment Expenses Not Included183500InvestmentExpensesNotIncluded
Other Revenues Not Included14625850OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt14809350RevenueNotRptdOnFinStmt
Total Revenue Per Form99053023840TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt30313978TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities63479DonatedServicesUseOfFacilities
Other Expenses Included408610OtherExpensesIncluded
Expenses Not Rptd F990472089ExpensesNotRptdF990
Expenses Subtotal29841889ExpensesSubtotal
Investment Expenses Not Included2183500InvestmentExpensesNotIncluded2
Other Expenses Not Included14625850OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt14809350ExpensesNotRptdOnFinStmt
Total Expenses Per Form99044651239TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
COLLECTIONS OF ARTSCHEDULE D, PART III, LINE 4Frederick Hart's Washington National Cathedral Collection is an impressive assemblage of sculptures that includes the bas-relief "Ex Nihilo" and the life-size castings of the biblical figures Adam, St. Peter and St. Paul. In addition to these sculptures from the National Cathedral in Washington, DC, the artist is best known for his bronze sculptures of three soldiers for the National Vietnam War Memorial. Benedictine College is the only college to have these first castings available for viewing on a daily basis. "Ex Nihilo" is on exhibit inside the Student Union and the statues of Adam, St. Peter and St. Paul are located in the heart of campus along the Raven Walk. The presence of these pieces exposes our students and our campus visitors to some truly magnificent artwork, and is another illustration of our commitment to a broad liberal arts education.
ENDOWMENT FUNDSSCHEDULE D, PART V, LINE 4THE PRIMARY PURPOSE OF THE ENDOWMENT FUNDS IS TO FUND SCHOLARSHIPS. THE ENDOWMENT FUNDS ARE ALSO USED TO FUND BUSINESS PROGRAMS AND GENERAL OPERATIONS OF THE COLLEGE.
LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48SCHEDULE D, PART X, LINE 2MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
RECONCILIATION OF CHANGE IN NET ASSETSSCHEDULE D, PART XI, LINE 8INCREASE IN CSV OF LIFE INSURANCE $ 16,450 CHANGE IN PV OF SPLIT LIFE INSURANCE $ (41,550) -------------- & (25,100)
RECONCILIATION OF REVENUESSCHEDULE D, PART XII, LINE 2DINCREASE IN CSV OF LIFE INSURANCE $ 16,450 BOOKSTORE COGS $ 236,900 FUNDRAISING EXPENSES $ 171,710 CHANGE IN PV OF SPLIT LIFE INSURANCE $ (41,550) -------------- $ 383,510
RECONCILIATION OF REVENUESSCHEDULE D, PART XII, LINE 4BSCHOLARSHIPS $ 14,625,850
RECONCILIATION OF EXPENSESSCHEDULE D, PART XIII, LINE 2DBOOKSTORE COGS $ 236,900 FUNDRAISING EXPENSES $ 171,710 -------------- $ 408,610
RECONCILIATION OF EXPENSESSCHEDULE D, PART XIII, LINE 4BSCHOLARSHIPS $ 14,625,850

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmttrueNondiscriminatoryPolicyStmt
Policy Statement In Brochures EtctruePolicyStatementInBrochuresEtc
Policy Publ Via Broadcast MediatruePolicyPublViaBroadcastMedia
Maint Racial Composition RecordstrueMaintRacialCompositionRecords
Maint Scholarships RecordstrueMaintScholarshipsRecords
Maint Copies Of Brochures EtctrueMaintCopiesOfBrochuresEtc
Maint Copies Of All SolicitationstrueMaintCopiesOfAllSolicitations
Discriminate Race Students RightsfalseDiscriminateRaceStudentsRights
Discriminate Race Admiss PoliciesfalseDiscriminateRaceAdmissPolicies
Discriminate Race Emplmn FacultyfalseDiscriminateRaceEmplmnFaculty
Discriminate Race ScholarshipsfalseDiscriminateRaceScholarships
Discriminate Race Educ PoliciesfalseDiscriminateRaceEducPolicies
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFclts
Discriminate Race Athletic ProgfalseDiscriminateRaceAthleticProg
Discriminate Race Other ActyfalseDiscriminateRaceOtherActy
Government Financial Aid ReceivedtrueGovernmentFinancialAidReceived
Government Financial Aid RevokedfalseGovernmentFinancialAidRevoked
Compliance With Rev Proc7550trueComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)

IdentifierIdentifierExplanationExplanation
SCHEDULE E, PART I, LINE 3BENEDICTINE'S RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED IN THE COLLEGE CATALOG, WHICH EVERY STUDENT RECEIVES UPON RECEIVING NOTICE OF ACCEPTANCE.
SCHEDULE E, PART I, LINE 6ABENEDICTINE RECEIVES TITLE IV FUNDS FROM THE DEPARTMENT OF EDUCATION.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpenditures
Europe (Including Iceland and Greenland)11Program ServicesEducation389787
East Asia and the Pacific01Program ServicesEDUCATION62553
FieldValueIRS element (for citing)
Subtotal Number Of Offices1SubtotalNumberOfOffices
Subtotal Number Of Employees2SubtotalNumberOfEmployees
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees2TotalNumberOfEmployees
Subtotal Amount Spent452340SubtotalAmountSpent
Total Amount Spent452340TotalAmountSpent
Transfer To Foreign CorpfalseTransferToForeignCorp
Interest In Foreign TrustfalseInterestInForeignTrust
Own Foreign CorpfalseOwnForeignCorp
Passive Foreign Invest CotruePassiveForeignInvestCo
Foreign PartnershipfalseForeignPartnership
Boycott CountriesfalseBoycottCountries

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Solicitation Of Non Govt GrantsXSolicitationOfNonGovtGrants
Solicitation Of Govt GrantsXSolicitationOfGovtGrants
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref FundraisingtrueAgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

FieldValueIRS element (for citing)
Name Of IndividualWILSON BENNETNameOfIndividual
ActivityFundraisingActivity
Fundraiser Control Of FundsfalseFundraiserControlOfFunds
Gross Receipts221290GrossReceipts
Amount Retained By Contractor48200AmountRetainedByContractor
Net To Organization173090NetToOrganization
FieldValueIRS element (for citing)
Total Gross Receipts221290TotalGrossReceipts
Total Retained By Contractors48200TotalRetainedByContractors
Total Net To Organization173090TotalNetToOrganization
All StatesAll StatesAllStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1SCHOLARSHIPBALLNameOfEvent1
Gross Receipts Event1399031GrossReceiptsEvent1
Charitable Contributions Event1348466CharitableContributionsEvent1
Gross Revenue Event150565GrossRevenueEvent1
Cash Prizes Event10CashPrizesEvent1
Non Cash Prizes Event10NonCashPrizesEvent1
Rent Facility Costs Event11750RentFacilityCostsEvent1
Food And Beverage Event158253FoodAndBeverageEvent1
Entertainment Event13727EntertainmentEvent1
Other Direct Expenses Event166319OtherDirectExpensesEvent1
Name Of Event2GOLFTOURNAMENTNameOfEvent2
Gross Receipts Event257933GrossReceiptsEvent2
Charitable Contributions Event224467CharitableContributionsEvent2
Gross Revenue Event233466GrossRevenueEvent2
Cash Prizes Event20CashPrizesEvent2
Non Cash Prizes Event20NonCashPrizesEvent2
Rent Facility Costs Event214913RentFacilityCostsEvent2
Food And Beverage Event24118FoodAndBeverageEvent2
Entertainment Event20EntertainmentEvent2
Other Direct Expenses Event222630OtherDirectExpensesEvent2
Total Number Of Other Events0TotalNumberOfOtherEvents
Gross Receipts Total456964GrossReceiptsTotal
Charitable Contributions Total372933CharitableContributionsTotal
Gross Revenue Total Events84031GrossRevenueTotalEvents
Cash Prizes Total Events0CashPrizesTotalEvents
Non Cash Prizes Total Events0NonCashPrizesTotalEvents
Rent Facility Costs Total Events16663RentFacilityCostsTotalEvents
Food And Beverage Total Events62371FoodAndBeverageTotalEvents
Entertainment Total Events3727EntertainmentTotalEvents
Other Direct Expenses Total Events88949OtherDirectExpensesTotalEvents
Direct Expense Summary Events171710DirectExpenseSummaryEvents
Net Income Summary-87679NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSTUDENT AID / SCHOLARSHIPSTypeOfGrant
Number Of Recipients1669NumberOfRecipients
Amount Of Cash Grant14625850AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCESS FOR MONITORING THE USE OF GRANTS IN THE U.S.Identifier
Return ReferenceSCHEDULE I, PART I, LINE 2ReturnReference
ExplanationALL GRANTS ARE INSTITUTIONAL FINANCIAL AID AND APPLIED DIRECTLY TO STUDENTS ACCOUNTS. IT IS A CONTINUAL PROCESS IN WHICH WE AWARD STUDENT AID WITHIN FEDERAL GUIDELINES AT THE INITIAL AWARDING TIME PERIOD. IF ANY CHANGES TO A STUDENT'S STATUS OCCUR, WE REVIEW THE STUDENT'S AID PACKAGE COMPONENTS TO ENSURE THAT ANY/ALL ADJUSTMENTS MADE MAINTAIN COMPLIANCE WITH TITLE IV FUND RULES. WE ALSO PERFORM SPOT CHECKS THROUGHOUT THE SEMESTER TO DOUBLE CHECK THAT AID ELIGIBILITY CALCULATIONS ARE MET.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E ExpensestrueWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Stephen D Minnis
1779000500000186480114000614650319413000
Kelly Vowels
1026550300000724055570187550157691000

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierHOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USEIdentifier
Return ReferenceSCHEDULE J, PART I, LINE 1AReturnReference
ExplanationBENEDICTINE COLLEGE PROVIDES HOUSING TO STEPHEN D MINNIS. THE FMV OF THE HOUSING IS NOT INCLUDED IN HIS W-2 BECAUSE IT QUALIFIES AS A NON TAXABLE BENEFIT UNDER CODE SECTION 119.Explanation

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuerPool FinancingPoolFinancing
KANSAS INDEPENDENT COLLEGE FINANCE
48123391148526HLA22004-12-286981013SEE SCHEDULE Ofalsefalsefalse
ATCHISON COUNTY KANSAS
486025049046597BC32007-12-274824916SEE SCHEDULE Ofalsefalsefalse
ATCHISON COUNTY KANSAS
486025049046617AX42008-01-235232252SEE SCHEDULE Ofalsefalsefalse
KANSAS INDEPENDENT COLLEGE FINANCE AUTHORITY
48123391148526HVB92010-05-1810785000SEE SCHEDULE Ofalsefalsefalse

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Amount RetiredAmountRetiredAmount Bond DefeasedAmountBondDefeasedTotal ProceedsTotalProceedsAmount In Reserve FundAmountInReserveFundCapitalized InterestCapitalizedInterestRefunding EscrowRefundingEscrowIssuance Costs From ProceedsIssuanceCostsFromProceedsCredit EnhancementCreditEnhancementWorking Capital ExpendituresWorkingCapitalExpendituresCapital ExpendituresCapitalExpendituresOther Spent ProceedsOtherSpentProceedsAmount UnspentAmountUnspentYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
00706302834511525478607790800637033608232006falsefalsetruetrue
004859596169411137583096000004453324002008falsefalsetruetrue
0052790871817081282840104000004861689002009falsefalsetruetrue
001078500071330420596021060000364894701784392010truefalsefalsetrue

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
falsetruefalsefalsetrue0.000000.005900.00590true
falsetruefalsefalsetrue0.000000.006400.00640true
falsetruefalsefalsetrue0.000000.007300.00730true
falsetruetruefalsetrue0.000000.008400.00840true

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebateSuperintegrated HedgeSuperintegratedHedge
falsefalsefalsefalsetruefalse
falsefalsefalsefalsefalsefalse
falsefalsefalsefalsefalsefalse
falsefalsefalsefalsefalsetruefalse

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F9901660200NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasures
Art Fractional InterestArtFractionalInterest
Books And PublicationsBooksAndPublications
Clothing And Household GoodsClothingAndHouseholdGoods
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions12NumberOfContributions
Noncash Contribs Rptd F99066203NoncashContribsRptdF990
Method Of Determining RevenuesFMVMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStock
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential
Real Estate CommercialRealEstateCommercial
Real Estate OtherRealEstateOther
CollectiblesCollectibles
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts
Number Of8283 Received1NumberOf8283Received
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedtrueThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
NUMBER OF CONTRIBUTIONSSCHEDULE M, PART I, COLUMN BTHE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS DURING THE YEAR.
Noncash ContributionsSchedule M, Part I, Question 32bPublicly traded stock gifts are transferred to a broker and sold as soon as possible with oversight by the Controller.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
ORGANIZATION'S MISSIONFORM 990, PART III, LINE 1BENEDICTINE COLLEGE IS A CATHOLIC, BENEDICTINE, LIBERAL ARTS, RESIDENTIAL COLLEGE. OUR MISSION IS TO EDUCATE MEN AND WOMEN WITHIN A COMMUNITY OF FAITH AND SCHOLARSHIP. BUILDING A GREAT CATHOLIC COLLEGE REQUIRES A COMMUNITY-WIDE COMMITMENT TO EXCELLENCE. WE DEDICATE OURSELVES TO EDUCATING STUDENTS TO BECOME LEADERS IN THE BENEDICTINE TRADITION, WHO WILL TRANSFORM THE WORLD THROUGH THEIR COMMITMENT TO INTELLECTUAL, PERSONAL, SPIRITUAL GREATNESS. IN 2009, THE SCHOOL CELEBRATED ITS SESQUICENTENNIAL. WHILE THE SCHOOL HAS COME A LONG WAY IN ITS 150-YEAR HISTORY, THE PERMANENT THINGS-FAITH, SCHOLARSHIP, COMMUNITY-HAVE ENDURED.
PROGRAM SERVICE ACCOMPLISHMENTSFORM 990, PART III, LINE 4ABENEDICTINE COLLEGE IS A CATHOLIC, BENEDICTINE, LIBERAL ARTS, RESIDENTIAL COLLEGE WITH A MISSION TO EDUCATE MEN AND WOMEN WITHIN A COMMUNITY OF FAITH AND SCHOLARSHIP. WE HAVE A VISION TO BUILD ONE OF THE GREAT CATHOLIC COLLEGES IN AMERICA, AND ATTAINING THAT VISION REQUIRES A COMMUNITY-WIDE COMMITMENT TO EXCELLENCE. WE DEDICATE OURSELVES TO EDUCATING STUDENTS TO BECOME LEADERS IN THE BENEDICTINE TRADITION, WHO WILL TRANSFORM THE WORLD THROUGH THEIR COMMITMENT TO INTELLECTUAL, PERSONAL AND SPIRITUAL GREATNESS. IN 2009, THE COLLEGE CELEBRATED ITS SESQUICENTENNIAL, ACKNOWLEDGING ITS ONGOING COMMITMENT TO COMMUNITY, FAITH AND SCHOLARSHIP. WITH OVER 150 YEARS OF TRADITION, BENEDICTINE COLLEGE IS DEVOTED TO THE DEVELOPMENT OF THE INDIVIDUAL WITHIN A COMMUNITY. THE COLLEGE PROVIDES OUR STUDENTS WITH THE PRINCIPLES, KNOWLEDGE, AND SKILLS FOR A LIFE OF LEARNING, LEADERSHIP AND SERVICE. BENEDICTINE COLLEGE IS LOCATED IN ATCHISON, KANSAS, ON A 120-ACRE CAMPUS OVERLOOKING THE MISSOURI RIVER, ABOUT 50 MILES NORTH OF KANSAS CITY, MISSOURI. THERE IS A SATELLITE CAMPUS IN ROELAND PARK, KANSAS, AND A PARTNERSHIP WITH THE KANSAS CITY POLICE DEPARTMENT TO TEACH GRADUATE COURSES AT THE REGIONAL POLICE ACADEMY. THE COLLEGE ALSO HAS AN INTERNATIONAL CAMPUS IN FLORENCE, ITALY. FOR THE CURRENT ACADEMIC YEAR (2011-12), BENEDICTINE COLLEGE IS BLESSED TO HAVE THE LARGEST FULL-TIME UNDERGRADUATE STUDENT BODY IN ITS HISTORY, WITH MORE THAN 1,600 STUDENTS, NEARLY TRIPLING BENEDICTINE COLLEGE'S ENROLLMENT FROM 20 YEARS AGO. A RECORD 275 HIGH SCHOOL STUDENTS PARTICIPATED IN THE 2011 PRESIDENTIAL SCHOLARSHIP COMPETITION AND THE FRESHMAN CLASS ENTERING IN 2011 WAS NOT ONLY THE LARGEST IN SCHOOL HISTORY, BUT ALSO HAS THE HIGHEST AVERAGE ACT SCORE IN SCHOOL HISTORY. IT IS OBVIOUS THAT BENEDICTINE COLLEGE IS ATTRACTING BOTH MORE STUDENTS AS WELL AS THE BEST AND THE BRIGHTEST. NEARLY 80% OF UNDERGRADUATE STUDENTS LIVE ON CAMPUS IN ACCORDANCE WITH THE COLLEGE'S STRONG RESIDENTIAL TRADITION. TO KEEP UP WITH ITS GROWTH, BENEDICTINE COLLEGE HAS OPENED EIGHT NEW RESIDENCE HALLS SINCE THE YEAR 2000. NATIONAL SURVEYS PLACE BENEDICTINE'S STUDENT LIFE PROGRAM HIGHEST IN OVERALL RESIDENT SATISFACTION AND BENEDICTINE COLLEGE'S RETENTION RATE IS CONSISTENTLY ABOVE 90%. IN THE SUMMER OF 2010, THE COLLEGE BEGAN BUILDING A NEW ACADEMIC CENTER WHICH WILL PROVIDE AN ADDITIONAL 57,000 SQUARE FEET OF MUCH-NEEDED SPACE FOR CLASSES, FACULTY AND PROGRAMS. FACULTY AND STAFF WILL MOVE INTO THIS NEW, LEED-CERTIFIED BUILDING IN MARCH 2012. STUDENTS WILL BEGIN CLASSES IN THE FACILITY FOLLOWING SPRING BREAK 2012. IN ATHLETICS, THE PAST ACADEMIC YEAR SAW HEAD FOOTBALL COACH LARRY WILCOX BECOME KANSAS' ALL TIME WINNINGEST FOUR YEAR COLLEGE COACH. OUR ATHLETES HAVE EXCELLED ON THE FIELD AS WELL AS OFF, WITH SEVEN VARSITY SPORTS TEAMS RECEIVING NAIA SCHOLAR TEAM RECOGNITION, BENEDICTINE COLLEGE STUDENT ATHLETES AVERAGING HIGHER THAN A 3.0 GPA, AND THE NATIONAL SOCCER COACHES ASSOCIATION OF AMERICA AWARDING THE WOMEN'S SOCCER PROGRAM THE TEAM ACADEMIC AWARD, NAMING FOUR PLAYERS TO THE ACADEMIC ALL-REGION LIST. IN THE AREA OF ACADEMIC EXCELLENCE, BENEDICTINE IS NOW ONE OF THE FEW CATHOLIC COLLEGES IN THE NATION OFFERING ABET-ACCREDITED PROGRAMS IN CHEMICAL, CIVIL, ELECTRICAL, AND MECHANICAL ENGINEERING. ALSO, SEVERAL NEW MAJORS HAVE BEEN ADDED IN RECENT YEARS, INCLUDING ART, CRIMINOLOGY, ENGINEERING PHYSICS, FINANCE, GENERAL ENGINEERING, INTERNATIONAL BUSINESS, INTERNATIONAL STUDIES, AND NURSING. THIS YEAR, 25 OF OUR PROFESSORS WERE RANKED IN THE TOP 10% OF THE NATIONAL IDEA FACULTY EVALUATIONS. FOR THE FIFTH YEAR, BENEDICTINE COLLEGE WAS NAMED ONE OF AMERICA'S BEST COLLEGES BY "U.S. NEWS & WORLD REPORT," APPEARING AS A TOP-TIER SCHOOL IN THE MIDWEST - MASTERS CATEGORY. IN ADDITION, THE CARDINAL NEWMAN SOCIETY NAMED BENEDICTINE COLLEGE ONE OF THE TOP CATHOLIC COLLEGES IN THE UNITED STATES IN ITS PUBLICATION, "THE NEWMAN GUIDE TO CHOOSING A CATHOLIC COLLEGE." AFTER AN EXTENSIVE NATIONAL STUDY, "FIRST THINGS" MAGAZINE ALSO NAMED BENEDICTINE COLLEGE TO ITS TOP 20. THE SCHOOL IS RANKED NUMBER 18 IN THE NATION BY THEIR RESEARCH, WHICH INCLUDED MORE THAN 2,000 COLLEGES AND UNIVERSITIES, FROM AMERICAN UNIVERSITY TO YALE. THE STUDY ALSO RANKED BENEDICTINE COLLEGE AMONG THE TOP 5 CATHOLIC COLLEGES IN THE COUNTRY. THE COLLEGE ALSO LAUNCHED AN HONORS PROGRAM, A GREGORIAN FELLOWS PROGRAM, AND THE GREGORIAN SPEECH DIGEST. THIS YEAR, A NEW INSTITUTE FOR MISSIONARY ACTIVITY WAS DEVELOPED AND THAT WILL BE AVAILABLE TO FRESHMEN ENTERING IN THE FALL OF 2012. THE MINISTRY PROGRAM IS NATIONALLY RECOGNIZED, THE STUDENT LIFE PROGRAM HAS BECOME A MODEL FOR OTHER COLLEGES AND UNIVERSITIES, ATHLETIC PROGRAMS, INCLUDING THE ADDITION OF A NEW WRESTLING PROGRAM, ARE HIGH ACHIEVING IN EVERY ASPECT. BENEDICTINE COLLEGE IS CONSISTENTLY GAINING IN IMAGE AND AWARENESS. IT HAS AVERAGED 6% GROWTH IN ENROLLMENT EACH YEAR FOR THE PAST 12 YEARS. THE CAMPUS HAS BEEN TRANSFORMED, WITH NEW RESIDENCE FACILITIES AND NOW A FABULOUS NEW SIGNATURE ACADEMIC BUILDING NEARING COMPLETION. IN ADDITION, A SPECIALLY-COMMISSIONED STATUE OF ST. BENEDICT NOW WELCOMES VISITORS TO CAMPUS OUTSIDE THE HAVERTY CENTER. THE BENEDICTINE MONKS AND SISTERS WHO BRAVED THE AMERICAN FRONTIER OF THE MIDDLE 1800s WOULD BE PROUD TO SEE THE INSTITUTION THAT STILL REPRESENTS THEIR VISION OF COMMUNITY, FAITH AND SCHOLARSHIP IN SUCH AN OUSTANDING WAY.
FAMILY RELATIONSHIPSFORM 990, PART VI, SECTION A, LINE 2LENE WESTERMAN AND PAUL WESTERMAN HAVE A FAMILY RELATIONSHIP.
FORM 990 REVIEW PROCESSFORM 990, PART VI, SECTION B, LINE 11BAN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL. ANY QUESTIONS OR CONCERNS THE ORGANIZATION'S OFFICERS AND ACCOUNTING PERSONNEL HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS THAT NEED TO BE MADE ARE MADE. THE 990 IS THEN PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD FOR REVIEW AND THEN THE FINAL 990 IS PROVIDED TO THE FULL BOARD.
CONFLICT OF INTEREST POLICYFORM 990, PART VI, SECTION B, LINE 12CAT THE TIME OF HIRE OR ELECTION (IN THE CASE OF DIRECTORS) AND ANNUALLY THEREAFTER, THE OFFICERS, DIRECTORS, AND KEY EMPLOYEES SHALL PROVIDE THE APPLICABLE CONFLICT OF INTEREST DISCLOSURES WHICH SHALL BE COMPLETED TO IDENTIFY ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH IT IS BELIEVED A CONFLICT MAY ARISE. IF A CONFLICT ARISES, THE OFFICER, DIRECTOR, OR KEY EMPLOYEE ABSTAINS FROM THE VOTE OF THE CONFLICTED POSITION. AN APPROPRIATE REPORT SHALL BE SUBMITTED TO THE EXECUTIVE BOARD CONCERNING ANY INTEREST DISCLOSED.
COMPENSATION REVIEWFORM 990, PART VI, SECTION B, LINES 15A & BLINE 15A - THE ORGANIZATION'S PROCESS FOR DETERMINING CEO COMPENSATION BEGINS WITH AN INITIATIVE LEAD BY THE CHAIRMAN OF THE GOVERNING BOARD. THE CHAIRMAN COMPARES COMPENSATION AND SALARY DATA WITH OTHER ORGANIZATIONS OF A SIMILAR SIZE AND INDUSTRY. THE CHAIRMAN REVIEWS THE DATA AND MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS IN A CLOSED EXECUTIVE COMMITTEE MEETING WHERE THE COMPENSATION IS THEN VOTED UPON. LINE 15B - THE CEO CONDUCTS AN ANNUAL REVIEW OF OTHER OFFICER AND KEY EMPLOYEES COMPENSATION BASED ON COMPARABLE SALARY DATA OF OTHER ORGANIZATIONS OF SIMILAR SIZE AND INDUSTRY.
AVAILABILITY OF DOCUMENTSFORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
OTHER CHANGES IN NET ASSETSFORM 990, PART XI, LINE 5UNREALIZED LOSS ON INVESTMENTS $ (52,739) INCREASE IN CSV OF LIFE INSURANCE $ 16,450 CHANGE IN PV OF SPLIT LIFE INSURANCE $ (41,550) -------------- & (77,839)
BOND ISSUE PURPOSE AND PROCEEDSSCHEDULE K, PART I AND PART IIPART I - BOND ISSUES BOND ISSUE (A), COLUMN (F). CONSTRUCTING, IMPROVING AND EQUIPPING EDUCATIONAL FACILITIES. BOND ISSUE (B), COLUMN (F). CONSTRUCTING, IMPROVING AND EQUIPPING EDUCATIONAL FACILITIES. BOND ISSUE (C), COLUMN (F). CONSTRUCTING, IMPROVING AND EQUIPPING EDUCATIONAL FACILITIES. BOND ISSUE (D), COLUMN (F). CONSTRUCTING, IMPROVING AND EQUIPPING EDUCATIONAL FACILITIES; REFUND 2003 BONDS (ORIGINALLY ISSUED ON 3-31-2003). PART II - PROCEEDS COLUMN A, LINE 4: THERE WAS APPROXIMATELY $823 OF EARNINGS DEPOSITED INTO THE PROJECT FUND AFTER THE END OF THE "PROJECT PERIOD." HOWEVER, THIS AMOUNT WAS INCLUDED IN THE "TOTAL PROCEEDS OF ISSUE" REPORTED ON LINE 1 AND REPORTED AS "UNSPENT PROCEEDS." SUBSEQUENT TO THE FISCAL YEAR END THIS AMOUNT WAS USED TO PAY PROJECT EXPENDITURES.