Centenary College of Louisiana

What it reported doing in 2024

Centenary college is a selective, residential, tier one national liberal arts college located in shreveport, Louisiana. Founded in 1825, it is the oldest chartered liberal arts college west of the Mississippi. Centenary's faculty and staff prepare students to engage global challenges through rigorous coursework, service opportunities, and intercultural experiences both at home and abroad. Centenary ranks #1 in the nation among baccalaureate colleges for sending students to study abroad, beginning with the centenary in paris program that sends all first-year students to paris, france to begin their college careers. 94% of centenary students who apply to medical school are accepted, along with 80% of those who apply to law school. Centenary also expands students' academic horizons with opportunities like a 3/2 program in engineering and guaranteed interview/expedited admission agreements with 10 different graduate/professional programs in medicine, nursing, allied health, law, and theology. Centenary offers more than 55 student clubs and organizations, ncaa division iii athletics, cultural events, lectures, service projects, leadership programs, and activities on a beautiful campus that students describe as "welcoming and spirited." regardless of their chosen field, centenary graduates draw on their superior preparation and experiences to grow bold, thoughtful, confident, kind, strong, and close.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 83.5%; rating input score 83
• Fundraising efficiency: $5.22 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Scored; rating input score 0

Accountability

• Independent voting board: 88.5%; rating input score 88; 21st percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.6%; rating input score 36; 36th percentile among comparable filings
• Total-asset coverage ratio: 4.47; rating input score 83; 83rd percentile among comparable filings
• Liabilities to assets ratio: 0.18; rating input score 61; 61st percentile among comparable filings
• Officer compensation ratio: 2.9%; rating input score 69; 69th percentile among comparable filings

Growth

• Program expense growth: 5% per year; rating input score 100; 42nd percentile among comparable filings
• Revenue growth: 1.9% per year; rating input score 100; 17th percentile among comparable filings
• Asset growth: 1.7% per year; rating input score 100; 16th percentile among comparable filings