Civic Intelligence

Benedictine College

990 • Fiscal year 2017 • EIN 48-0777079

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

1020 N 2nd StAtchison, KS 66002

(913) 367-5340

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$143,573,126

Up $8,659,539 (+6.4%) from 2015

Net Assets

Up

$83,992,919

Up $5,817,336 (+7.4%) from 2015

Liabilities

Up

$59,580,207

Up $2,842,203 (+5.0%) from 2015

Revenue And Expenses

Revenue

Up

$78,231,845

Up $6,133,870 (+8.5%) from 2015

Expenses

Up

$75,583,985

Up $9,417,188 (+14%) from 2015

Net Income

Down

$2,647,860

Down $3,283,318 (-55%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2010: $86,836,952Liabilities 2010: $34,214,727Net Assets 2010: $52,622,2252010Assets 2011: $96,291,036Liabilities 2011: $35,374,049Net Assets 2011: $60,916,9872011Assets 2012: $113,266,461Liabilities 2012: $48,634,592Net Assets 2012: $64,631,8692012Assets 2013: $109,482,038Liabilities 2013: $43,833,176Net Assets 2013: $65,648,8622013Assets 2014: $130,125,989Liabilities 2014: $56,242,077Net Assets 2014: $73,883,9122014Assets 2015: $134,913,587Liabilities 2015: $56,738,004Net Assets 2015: $78,175,5832015Assets 2017: $143,573,126Liabilities 2017: $59,580,207Net Assets 2017: $83,992,9192017Assets 2018: $151,344,501Liabilities 2018: $66,270,332Net Assets 2018: $85,074,1692018Assets 2019: $149,777,151Liabilities 2019: $63,650,738Net Assets 2019: $86,126,4132019Assets 2020: $155,715,289Liabilities 2020: $66,213,280Net Assets 2020: $89,502,0092020Assets 2021: $163,686,664Liabilities 2021: $58,698,337Net Assets 2021: $104,988,3272021Assets 2022: $193,360,342Liabilities 2022: $66,381,409Net Assets 2022: $126,978,9332022

Highlighted filing

2017

Assets$143,573,126
Liabilities$59,580,207
Net Assets$83,992,919

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0Expenses 2010: $41,021,0972010Expenses 2011: $44,651,2392011Expenses 2012: $51,102,9802012Expenses 2013: $57,589,5212013Revenue 2014: $67,556,867Expenses 2014: $61,070,476Net Income 2014: $6,486,3912014Revenue 2015: $72,097,975Expenses 2015: $66,166,797Net Income 2015: $5,931,1782015Revenue 2017: $78,231,845Expenses 2017: $75,583,985Net Income 2017: $2,647,8602017Revenue 2018: $77,414,324Expenses 2018: $76,711,436Net Income 2018: $702,8882018Revenue 2019: $84,139,278Expenses 2019: $83,726,694Net Income 2019: $412,5842019Revenue 2020: $88,993,956Expenses 2020: $86,436,531Net Income 2020: $2,557,4252020Revenue 2021: $96,440,027Expenses 2021: $88,528,442Net Income 2021: $7,911,5852021Revenue 2022: $131,603,580Expenses 2022: $100,252,996Net Income 2022: $31,350,5842022

Highlighted filing

2017

Revenue$78,231,845
Expenses$75,583,985
Net Income$2,647,860
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.1
Gross Receipts
$79,598,710
Mission and Program Overview

Mission

Benedictine college's mission as a catholic, benedictine, liberal arts, residential college is the education of men & women within a community of faith and scholar.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$85,841,574$88,642,392▲ $2,800,818
Investments in Publicly Traded Securities$29,413,595$31,990,518▲ $2,576,923
Savings and Temporary Cash Investments$6,259,101$9,800,004▲ $3,540,903
Pledges and Grants Receivable$5,305,088$5,271,861▼ $33,227
Investments Program Related$3,335,651$3,188,955▼ $146,696
Prepaid Expenses and Deferred Charges$486,029$596,221▲ $110,192
Accounts Receivable$634,821$591,941▼ $42,880
Inventories for Sale or Use$316,919$326,071▲ $9,152
Cash and Non-Interest-Bearing Accounts$191,871$152,030▼ $39,841
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$134,481,137$143,573,126▲ $9,091,989
Other Assets Total$2,696,488$3,013,133▲ $316,645
Liabilities
Tax Exempt Bond Liabilities$44,675,786$49,080,397▲ $4,404,611
Accounts Payable and Accrued Expenses$2,759,769$4,764,590▲ $2,004,821
Other Liabilities$4,271,224$3,877,537▼ $393,687
Deferred Revenue$1,954,003$1,857,683▼ $96,320
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$53,660,782$59,580,207▲ $5,919,425
Net Assets / Fund Balance
Unrestricted Net Assets$48,841,580$48,932,672▲ $91,092
Permanently Rstr Net Assets$21,321,914$22,209,441▲ $887,527
Temporarily Rstr Net Assets$10,656,861$12,850,806▲ $2,193,945
Total Net Assets Fund Balance$80,820,355$83,992,919▲ $3,172,564
Total Liabilities and Net Assets / Fund Balance$134,481,137$143,573,126▲ $9,091,989

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$83,789,117$52,110,854$135,899,971
Equipment$3,589,033$12,961,962$16,550,995
Land$1,144,395-$1,144,395
Leasehold Improvements$119,847$59,923$179,770

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$25,947,572$886,473▲ $1,739,394$75,000$28,005,029
2016$26,064,799$2,133,908▼ $1,167,832$0$25,947,572
2015$24,406,317$3,002,410▲ $76,281$5,057$26,064,799
2014$21,053,399$1,262,471▲ $2,910,812$4,902$24,406,317
2013$19,435,866$447,225▲ $1,922,225$3,992$21,053,398
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen D MinnisPresidentFT$288,767$124,400$413,167
Ronald J OlingerTreasurer and CFOFT$148,979$35,232$184,211
Kimberly C ShankmanVice PresidentFT$124,758$34,192$158,950
Kelly VowelsVP of Institutional Adv.FT$122,032$32,868$154,900
Thomas HoopesVP for College RelationsFT$106,479$37,639$144,118
Timothy AndrewsExecutive Director Planned GivingFT$110,977$17,443$128,420
Pete HelgesenDean of Enrollment ManagementFT$115,570$5,403$120,973
Linda HenryVice President of Student LifeFT$108,389$5,161$113,550
Kristie R ScholzAsst TreasurerFT$80,972$5,353$86,325

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Aramark ServicesFood Service1101 MARKET ST, Philadelphia, PA 19107$3,616,495
Lawhon ConstructionConstruction519 MAIN ST, St Joseph, MO 64501$2,728,726
Ellison-auxier ArchitectArchitectural924 FRANCIS, St Joseph, MO 64501$617,921
University Of North DakotaStudent Service264 CENTENNIAL DR STOP 8193, Grand Forks, ND 58202$358,580
Hundley Construction INCConstruction1900 MAIN ST, Atchison, KS 66002$244,464
Revenue and Support

Revenue Composition

Contributions and Grants
$6,261,599
Program Service Revenue
$69,613,493
Investment Income
$1,232,617
Other Revenue
$1,124,136
All Other Contributions
$5,448,612
Change in Net Assets
$2,647,860

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded28$268,452Fair Market Value (FMV)
Other Non Cash Contri Table20$10,871Fair Market Value (FMV)
Other Non Cash Contri Table3$9,369Fair Market Value (FMV)
Collectibles35$3,968Fair Market Value (FMV)
Works of Art1$1,950Fair Market Value (FMV)
Food Inventory4$649Fair Market Value (FMV)
Total Noncash Contributions91$295,259-

Audited Revenue Reconciliation

Revenue per Audited Statements
$50,958,132
Revenue Not Reported on Financial Statements
$27,273,713
Revenue Not Reported on Form 990
$1,177,232
Other Revenue Adjustments
$27,168,991
Total Revenue per Audited Statements
$52,135,364
Total Revenue per Form 990
$78,231,845
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$27,089,582
Other Expenses$25,197,590
Salaries, Compensation, and Employee Benefits$23,150,082
Total Fundraising Expense$1,639,670
Professional Fundraising Fees$146,731

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$26,954,005--$26,954,005
Other Salaries and Wages$13,901,197$1,910,474$641,373$16,453,044
Depreciation Depletion$5,961,273$874,932$24,705$6,860,910
Fees for Services Other$4,897,229$221,593$152,704$5,271,526
Other Employee Benefits$2,037,559$2,018,117$57,524$4,113,200
All Other Expenses$386,218$1,610,136$184,016$2,180,370
Interest$1,842,563--$1,842,563
Occupancy$1,345,056$297,446$62,525$1,705,027
Office Expenses$1,207,449$384,116$73,381$1,664,946
Payroll Taxes$941,364$133,954$46,501$1,121,819
Travel$954,527$67,852$27,036$1,049,415
Current Officers, Directors, Trustees, and Key Employees$170,426$660,069-$830,495
Information Technology$137,484$536,712$6$674,202
Pension Plan Contributions$371,034$51,605$21,261$443,900
Insurance$251,315$61,742$12,998$326,055
Comp Disqual Persons--$187,624$187,624
Other Expenses$163,805--$163,805
Fees for Services Professional Fundraising--$146,731$146,731
Fees for Service Investment Mgmnt Fees-$120,831-$120,831
Foreign Grants$87,107--$87,107
Advertising$14,524$65,263-$79,787
Fees for Services Accounting-$77,260-$77,260
Conferences and Meetings$59,635$15,899$1,285$76,819
Fees for Services Legal-$66,808-$66,808
Grants to Domestic Orgs$48,470--$48,470
Total Functional Expenses$64,769,506$9,174,809$1,639,670$75,583,985

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$75,583,985
Total Expenses per Audited Statements$48,962,800
Expenses per Audited Statements$48,525,258
Expenses Not Reported on Financial Statements$27,058,727
Other Expense Adjustments$26,954,005
Expenses Not Reported on Form 990$437,542
International Activity

International Summary

Spending
$1,218,123

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (Including Iceland and Greenland)Program ServicesEducation/mission Trip--$893,524
South AmericaProgram Services---$131,964
Central America and the CaribbeanProgram ServicesEducation/mission Trip--$67,947
Central America and the CaribbeanGrantmakingEducation/mission Trip--$58,252
Sub-Saharan AfricaProgram Services---$22,381
South AmericaGrantmakingEducation/mission Trip--$13,008
Europe (Including Iceland and Greenland)GrantmakingEducation/mission Trip--$8,847
South AsiaProgram Services---$7,220
East Asia and the PacificGrantmakingEducation/mission Trip--$7,000
East Asia and the PacificProgram ServicesEducation/mission Trip--$6,724
North AmericaProgram Services---$1,256
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$211,391
Professional Fundraising Fees$146,731
Fundraising Gross Income$103,218
Gaming Direct Expenses$0
Gaming Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship Bal$834,787$80,750$51,800$28,950
Golf Tournament$31,995$8,895$3,599$5,296
Total Events$916,205$103,218$211,391$-108,173
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
See Part V----

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Govt Loan Programs$3,055,317
Student Deposits$377,219
Annuity & Trust Obligations$342,414
Asset Retirement Obligation$102,587

Bond Issues

BondIssuerIssuedIssue PricePurpose
AKansas Independent College Finance Authority2010-05-18$10,785,000SEE PART VI
BAtchison County Kansas2011-11-16$9,990,000SEE PART VI
AAtchison County Kansas2017-01-05$9,000,000SEE PART VI
DAtchison County Kansas2016-07-08$9,000,000SEE PART VI
CAtchison County Kansas2016-07-07$8,380,000SEE PART VI
BAtchison County Kansas2014-01-07$8,000,000SEE PART VI
DAtchison County Kansas2013-03-27$4,905,000SEE PART VI
AAtchison County Kansas2013-09-30$4,735,000SEE PART VI
CAtchison County Kansas2012-04-26$1,805,000SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$10,785,000$6,747,015$4,075,000$210,600
B$10,002,858$0$1,845,000$199,800
A$9,000,000$0$0$93,679
D$9,000,000$0$0$155,170
C$8,380,000$8,296,200$0$83,800
B$8,000,000$0$0$143,708
D$4,905,000$4,814,935$785,000$90,065
A$4,735,000$0$0$88,666
C$1,805,000$1,770,375$966,000$34,625

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The members of the corporation who are class a members of the board of directors shall have the sole and exclusive power and authority to select and elect the successor to the elective class a members of the board of directors in such fashion as they deem appropriate and shall present the successors for service on the board. The members of the corporation who are class b members of the board of directors shall have the sole and exclusive power and authority to select and elect the successors to the elective class b members of the board of directors in such fashion as they deem appropriate and shall present the successors for service on the board.

Form 990, Part VI, Section A, Line 7B

Subject to the limitations and provisions of the articles of incorporation and of the bylaws with respect to the election of directors, each member shall have one vote on all matters coming before the members. Any action by the members of the corporation, unless specifically set forth in the articles of incorporation of the corporation (the articles of incorporation) or in the bylaws, shall require an affirmative vote of a majority of the members of the corporation from each individual class of directors.

Form 990, Part VI, Section B, Line 11B

An 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 are made. The 990 is then provided to the finance committee of the board and the full board of directors for review prior to filing.

Form 990, Part VI, Section B, Line 12C

At 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.

Form 990, Part VI, Section B, Line 15A & B

Line 15a - the organization's process for determining president compensation began with the board requiring a 5 year review of the president's salary and a review for the same period at colleges of like sizes. A compensation study was done by cbiz in 2016. Additionally, the board required a comprehensive review of his salary to include non-tangible benefits. The organization's process for determining president 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 president conducts an annual review of other officer and key employee's compensation based on comparable salary data of other organizations of similar size and industry.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Benedictine College
EIN
48-0777079
In Care Of
% RONALD J OLINGER
Phone
9133675340
Address
1020 N 2ND ST, ATCHISON, KS 66002

Signing Officer

Name
Ronald J Olinger
Title
CFO
Phone
9133675340
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen D Minnis
Formed
1971
Legal Domicile
Ks
Voting Board Members
32
Independent Board Members
29
Employees
1,250
Volunteers
32

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

Benedictine 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 educating students to become leaders in the benedictine tradition, who will transform the world through their commitment to intellectual, personal and spiritual greatness.

Form 990, Part III, Line 4A

BENEDICTINE 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. 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 ARE INTERNATIONAL CAMPUSES IN FLORENCE, ITALY, AND DUBLIN, IRELAND. THE FALL OF 2016 SAW THE INTRODUCTION OF ARCHITECTURE AS A MAJOR. BENEDICTINE COLLEGE HAS ENJOYED ENROLLMENT GROWTH FOR 19 STRAIGHT YEARS AND CURRENTLY HAS A FULL-TIME UNDERGRADUATE STUDENT BODY OF 1,910 STUDENTS (2016-2017), NEARLY TRIPLING BENEDICTINE COLLEGE'S ENROLLMENT FROM 20 YEARS AGO. THE FRESHMAN CLASS ENTERING IN 2016 HAD ONE OF THE HIGHEST AVERAGE ACT SCORES AND HIGHEST AVERAGE GPAs IN SCHOOL HISTORY. FOR THE SECOND YEAR, THE AVERGAGE GPA WAS THE HIGHEST OF ANY FRESHMAN CLASS AT ANY COLLEGE OR UNIVERSITY IN KANSAS. IT IS OBVIOUS THAT BENEDICTINE COLLEGE IS ATTRACTING BOTH MORE STUDENTS AS WELL AS THE BEST AND THE BRIGHTEST. OVER 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 11 NEW RESIDENCE HALLS SINCE THE YEAR 2000. THE COLLEGE RECENTLY OPENED THE MURPHY RECREATION CENTER, A HEALTH AND FITNESS FACILITY WITH EXERCISE MACHINES, ROOMS FOR FITNESS AND SPINNING CLASSES, TWO BASKETBALL COURTS, AND AN INDOOR TURFED FIELD. CONSTRUCTION RENOVATION OF WESTERMAN HALL, THE SCIENCE BUILDING, WILL PROGRESS FOR SEVERAL YEARS. MORE THAN 40,000 SQUARE FEET WILL BE ADDED TO THE EXISTING 60,000 SQUARE FEET, WHICH WILL BE COMPLETELY RENOVATED. THE LARGEST CAPITAL PROJECT IN THE HISTORY OF THE COLLEGE, THE WESTERMAN UPGRADE WILL RESULT IN ONE OF THE BEST S.T.E.M. FACILITIES OF ANY SMALL COLLEGE IN AMERICA. NATIONAL SURVEYS PLACE BENEDICTINE'S STUDENT LIFE PROGRAM HIGHEST IN OVERALL RESIDENT SATISFACTION AND BENEDICTINE COLLEGE'S RETENTION RATE IS CONSISTENTLY ABOVE 90%. OUR ATHLETES HAVE EXCELLED ON THE FIELD AS WELL AS OFF, WITH 11 VARSITY SPORTS TEAMS RECEIVING NAIA SCHOLAR TEAM RECOGNITION AND BENEDICTINE COLLEGE BEING NAMED A CHAMPIONS OF CHARACTER FIVE STAR INSTITUTION BY THE NATIONAL ASSOCIATION OF INTERCOLLEGIATE ATHLETICS. ONE OF OUR STUDENTS WAS NAMED A 1st TEAM ALL-AMERICAN AND A 1st TEAM SCHOLAR ATHLETE ALL-AMERICAN AND WON THE NAIA NATIONAL CHAMPION OF CHARACTER AWARD. IN NATIONAL POST-SEASON COMPETITION, THE WOMEN'S SOCCER TEAM MADE IT TO THE FINAL FOUR. 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. OF MORE THAN 250 CATHOLIC COLLEGES IN AMERICA, BENEDICTINE IS ONE OF ONLY FOUR TO OFFER AN ARCHITECTURE PROGRAM. ON TOP OF THAT, BENEDICTINE COLLEGE IS THE ONLY INSTITUTION IN THE NAIA TO OFFER BOTH ARCHITECTURE AND ENGINEERING. SEVERAL OTHER NEW MAJORS HAVE BEEN ADDED IN RECENT YEARS, INCLUDING ART, CRIMINOLOGY, ENGINEERING PHYSICS, FINANCE, INTERNATIONAL BUSINESS, INTERNATIONAL STUDIES, EVANGELIZATION & CATECHESIS AND NURSING. THE COLLEGE HAS NOW GRADUATED THE FIRST SIX CLASSES OF BENEDICTINE ENGINEERS AND NURSES. ONCE AGAIN, ALL THE NURSES PASSED THEIR EXAMS AND HAVE JOBS IN THE MEDICAL FIELD AND THE ENGINEERS ARE HIGHLY SOUGHT. AGAIN THIS YEAR, BENEDICTINE COLLEGE APPEARED IN THE TOP 15 COLLEGES IN THE MIDWEST IN THE ANNUAL U.S. NEWS & WORLD REPORT RANKINGS OF AMERICA'S BEST COLLEGES. IN ADDITION, THE CARDINAL NEWMAN SOCIETY NAMED BENEDICTINE COLLEGE ONE OF THE TOP CATHOLIC COLLEGES IN THE UNITED STATES IN ITS PUBLICATION, THE NEWM

Form 990, Part XI, Line 9

Increase in csv of life insurance $ 13,899 partnership income $(214,986) --------- $(201,087)

Financial Statement Notes

Schedule D, Part III, Line 4

Frederick 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 ferrell academic center and the statues of adam, st. Peter and st. Paul are located in the heart of campus along the raven walk. An 8-foot bronze statue of the sacred heart of jesus appears in the raven memorial park. The statue is by noted sculptor e. Spencer schubert, whose work also appears in the royals baseball hall of fame, kansas state university, and in the capital building for the state of missouri. Schubert modeled the face of sacred heart of jesus statue after the image on the shroud of turin, fourteen folds in jesus. Robe represents the stations of the cross; three folds in the center represent the trinity. 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. Other works on campus include a collection of bronze works by sculptor bill hopen in st. Scholastica plaza. This inlcudes the bronze statue of st. Scholastica, the bronze statue of nobel prize winner wangari maathai, the bronze gathering of a benedictine sister with two students, and the bas-relief depicting the arrival of the sisters in atchison in 1863 that is on the front of elizabeth hall. A separate bronze statue of st. Benedict is installed outside the haverty center and is by sculptor tim mispagel.

Schedule D, Part V, Line 4

The 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.

Schedule D, Part X Line 2

Management 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.

Schedule D, Part XI, Line 2D

Change in csv of life insurance $ 13,899 bookstore cogs $ 226,151 fundraising expenses $ 211,391 ------------- $ 451,411

Schedule D, Part XI, Line 4B

Scholarships $ 26,954,005 partnership income $ 214,986 ------------- $ 27,168,991

Schedule D, Part XII, Line 2D

Bookstore cogs $ 226,151 fundraising expenses $ 211,391 ------------- $ 437,542

Schedule D, Part XII, Line 4B

Scholarships $ 26,954,005

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm26ALIETIA CAUGHRON
IRS990/Form990PartVIISectionAGrp/PersonNm27MIKE KUCKELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm28SEAN DOHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm29S ESTHER FANGHAM OSB
IRS990/Form990PartVIISectionAGrp/PersonNm30HELEN HEALY
IRS990/Form990PartVIISectionAGrp/PersonNm31KEVIN O'MALLEY
IRS990/Form990PartVIISectionAGrp/PersonNm32STEPHEN D MINNIS
IRS990/Form990PartVIISectionAGrp/PersonNm33KIMBERLY C SHANKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm34RONALD J OLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm35KRISTIE R SCHOLZ
IRS990/Form990PartVIISectionAGrp/PersonNm36FR MAURICE HAEFLING OSB
IRS990/Form990PartVIISectionAGrp/PersonNm37KELLY VOWELS
IRS990/Form990PartVIISectionAGrp/PersonNm38PETE HELGESEN
IRS990/Form990PartVIISectionAGrp/PersonNm39THOMAS HOOPES
IRS990/Form990PartVIISectionAGrp/PersonNm40TIMOTHY ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm41LINDA HENRY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32311716
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt33132400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt34158192
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3580972
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt37129866
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt38115570
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40110977

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$193$66.4$127$132$100$31.4
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$164$58.7$105$96.4$88.5$7.91
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$156$66.2$89.5$89.0$86.4$2.56
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$150$63.7$86.1$84.1$83.7$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$151$66.3$85.1$77.4$76.7$0.70
2017Detailed filing. Detailed filing data is available for this year.$144$59.6$84.0$78.2$75.6$2.65
2015Detailed filing. Detailed filing data is available for this year.$135$56.7$78.2$72.1$66.2$5.93
2014Detailed filing. Detailed filing data is available for this year.$130$56.2$73.9$67.6$61.1$6.49
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$109$43.8$65.6$57.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$113$48.6$64.6$51.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.3$35.4$60.9$44.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$86.8$34.2$52.6$41.0