WELCH COLLEGE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WELCH COLLEGE (EIN 62-0481463)
- Tax period
- 2022-06-01 to 2023-05-31
- Filed
- 2024-04-12
- IRS object ID
- 202421039349300647
- Schema version
- 2022v5.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule I
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-04-12T19:44:56-05:00 | ReturnTs |
| Tax Period End | 2023-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 275360847 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROSSLIN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3803 BEDFORD AVENUE SUITE 201 | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37215 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620481463 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELCH COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WELC | BusinessNameControlTxt |
| Phone | 6156755255 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1045 BISON TRAIL | AddressLine1Txt |
| City | GALLATIN | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37066 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG MAHLER | PersonNm |
| Person Title | VP-FINANCIAL AFFAIRS | PersonTitleTxt |
| Phone | 6156755255 | PhoneNum |
| Signature | 2024-04-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CRAIG | PersonFirstNm |
| Person Last | MAHLER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RODNEY C BROWER | PreparerPersonNm |
| PTIN | P00168898 | PTIN |
| Phone | 6153205500 | PhoneNum |
| Preparation | 2024-04-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | J MATTHEW PINSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1045 BISON TRAIL | AddressLine1Txt |
| City | GALLATIN | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37066 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,455,847 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://WELCH.EDU/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1945 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 210 | TotalEmployeeCnt |
| Total Volunteers | 1 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,409,192 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,595,396 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,911,528 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,275,410 | CYProgramServiceRevenueAmt |
| PY Investment Income | $138,730 | PYInvestmentIncomeAmt |
| CY Investment Income | -$918,786 | CYInvestmentIncomeAmt |
| PY Other Revenue | $82,689 | PYOtherRevenueAmt |
| CY Other Revenue | $24,489 | CYOtherRevenueAmt |
| PY Total Revenue | $11,542,139 | PYTotalRevenueAmt |
| CY Total Revenue | $7,976,509 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,178,615 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,999,995 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,658,304 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,520,241 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $602,439 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,337,051 | PYOtherExpensesAmt |
| CY Other Expenses | $4,878,622 | CYOtherExpensesAmt |
| PY Total Expenses | $10,173,970 | PYTotalExpensesAmt |
| CY Total Expenses | $10,398,858 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,368,169 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,422,349 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $41,634,056 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,288,183 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,709,914 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,211,454 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,924,142 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $21,076,729 | NetAssetsOrFundBalancesEOYAmt |
| Mission | WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,604,351 | ExpenseAmt |
| Grant | $1,999,995 | GrantAmt |
| Revenue | $7,976,509 | RevenueAmt |
| Desc | WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE. WE PROVIDE OUR STUDENTS A UNIQUE OPPORTUNITY TO PREPARE FOR LEADERSHIP IN THE PLACE OF SERVICE TO WHICH GOD IS CALLING THEM. WE DO THIS BY TEACHING STUDENTS TO CONFRONT THE INESCAPABLE QUESTIONS OF LIFE FROM THE VANTAGE POINT OF A CHRISTIAN WORLDVIEW, REALISING THE IMPLICATIONS OF CHRISTIAN FAITH FOR THE WORLD AROUND THEM. | Desc |
| Total Program Service Expenses | $8,604,351 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 66 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 210 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CRAIG MAHLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6156755255 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1045 BISON TRAIL | AddressLine1Txt |
| City | GALLATIN | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37066 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| REV WILL BEAUCHAMP | ||||||
| BOARD OF TRUSTEES MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DR JEFF CRABTREE | ||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| REV SHILOH HACKETT | ||||||
| BOARD OF TRUSTEES MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV WAYNE MIRACLE | ||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| REV BRAD RYAN | ||||||
| BOARD OF TRUSTEES MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV TIM CAMPBELL | ||||||
| BOARD OF TRUSTEES MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| REV THERON SCOTT | ||||||
| BOARD OF TRUSTEES MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHRIS TRUETT | ||||||
| BOARD OF TRUSTEES MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RUSTY CAMPBELL | ||||||
| BOARD OF TRUSTEES MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CRAIG MAHLER | ||||||
| VP-FINANCIAL AFFAIRS | 40.00 | $30,605 | $0 | $34,990 | Yes (X) | |
| J MATTHEW PINSON | ||||||
| PRESIDENT | 40.00 | $79,610 | $0 | $24,664 | Yes (X) | |
| GREG KETTEMAN | ||||||
| VP STRATEGIC INITIATIVES | 40.00 | $65,350 | $0 | $1,837 | Yes (X) | |
| JON FORLINES | ||||||
| VP STUDENT SERVICES/ DEAN | 40.00 | $46,336 | $0 | $8,786 | Yes (X) | |
| DAVID WILLIFORD | ||||||
| VP-INSTITUTIONAL ADVANCEME | 40.00 | $16,496 | $0 | $27,450 | Yes (X) | |
| MATTHEW BRACEY | ||||||
| VICE PROVOST | 40.00 | $19,838 | $0 | $50,319 | Yes (X) | |
| KEVIN HESTER | ||||||
| VP INSTITUTIONAL EFFECTIVE | 40.00 | $66,474 | $0 | $27,566 | Yes (X) | |
| MATTHEW MCAFFEE | ||||||
| PROVOST | 40.00 | $20,563 | $0 | $67,377 | Yes (X) | |
| TODD PARISH | ||||||
| VP FOR INSTITUTIONAL ADVANCEMENT | 40.00 | $19,602 | $0 | $41,038 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $364,874 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $284,027 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELT OF TENNESSEE | |||||
| 1 CAMERON HILL CIRCLE | CHATTANOOGA | TN | 37402 | INSURANCE PROVIDER | $534,703 |
| PIONEER COLLEGE CATERERS INC | |||||
| 303 GLENROSE AVE | NASHVILLE | TN | 37210 | FOOD SERVICE | $450,609 |
| WHITE & ASSOCIATES MANAGEMENT | |||||
| 775 DOUGLAS LN | GALLATIN | TN | 37066 | MAINTENANCE | $297,303 |
| SERVPRO OF SUMNER COUNTY | |||||
| 229 INNOVATION WY | HENDERSONVILLE | TN | 37075 | WATER DAMAGE RESTORER | $242,087 |
| GALLATIN DEPARTMENT OF ELECTRICITY | |||||
| 135 JONES ST | GALLATIN | TN | 37066 | UTILITIES | $179,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $920,195 | GovernmentGrantsAmt |
| All Other Contributions | $2,675,201 | AllOtherContributionsAmt |
| Total Contributions | $3,595,396 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $4,116,784 | $4,116,784 |
| DINING HALL | 611710 | $634,790 | $634,790 |
| DORMITORY | 611710 | $422,764 | $422,764 |
| SNACKSHOP AND BOOKSTORE | 611710 | $55,831 | $55,831 |
| OTHER PROGRAM SERVICES | 611710 | $45,241 | $45,241 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,275,410 | TotalProgramServiceRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $3,538,646 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $4,457,432 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$918,786 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$918,786 | TotalRevenueColumnAmt |
| Exclusion | -$918,786 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $128,277 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $21,906 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $106,371 | TotalRevenueColumnAmt |
| Exclusion | $106,371 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| OTHER INCOME | 900099 | $24,703 | $24,703 | |
| LOSS ON INVESTMENT | 523000 | -$106,585 | -$106,585 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | -$81,882 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,976,509 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,300,113 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$919,000 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,999,995 | TotalAmt |
| Program Services | $1,999,995 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $364,874 | TotalAmt |
| Program Services | $255,356 | ProgramServicesAmt |
| Management And General | $73,064 | ManagementAndGeneralAmt |
| Fundraising | $36,454 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,342,928 | TotalAmt |
| Program Services | $1,639,695 | ProgramServicesAmt |
| Management And General | $469,158 | ManagementAndGeneralAmt |
| Fundraising | $234,075 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803,948 | TotalAmt |
| Program Services | $562,642 | ProgramServicesAmt |
| Management And General | $160,986 | ManagementAndGeneralAmt |
| Fundraising | $80,320 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,491 | TotalAmt |
| Program Services | $3,014 | ProgramServicesAmt |
| Management And General | $5,477 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,796 | TotalAmt |
| Program Services | $36,796 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,810 | TotalAmt |
| Program Services | $48,810 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,079 | TotalAmt |
| Program Services | $45,079 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,668 | TotalAmt |
| Program Services | $110,830 | ProgramServicesAmt |
| Fundraising | $41,838 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,679 | TotalAmt |
| Program Services | $171,184 | ProgramServicesAmt |
| Management And General | $148,732 | ManagementAndGeneralAmt |
| Fundraising | $46,763 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,032 | TotalAmt |
| Program Services | $158,032 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $700,575 | TotalAmt |
| Program Services | $699,765 | ProgramServicesAmt |
| Management And General | $810 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $555,575 | TotalAmt |
| Program Services | $364,168 | ProgramServicesAmt |
| Management And General | $56,969 | ManagementAndGeneralAmt |
| Fundraising | $134,438 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $741 | TotalAmt |
| Fundraising | $741 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $847,669 | TotalAmt |
| Program Services | $847,669 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $721,066 | TotalAmt |
| Program Services | $719,474 | ProgramServicesAmt |
| Fundraising | $1,592 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,832 | TotalAmt |
| Program Services | $105,832 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD SERVICE | $403,721 | $403,721 | ||
| OTHER EXPENSES | $367,251 | $128,818 | $221,440 | $16,993 |
| ON-CAMPUS EVENTS | $105,486 | $90,180 | $6,081 | $9,225 |
| ATHLETICS | $90,749 | $90,749 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $171,893 | TotalAmt |
| Program Services | $122,542 | ProgramServicesAmt |
| Management And General | $49,351 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,398,858 | TotalAmt |
| Program Services | $8,604,351 | ProgramServicesAmt |
| Management And General | $1,192,068 | ManagementAndGeneralAmt |
| Fundraising | $602,439 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $595,235 | BOYAmt |
| EOY | $408,822 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $283,175 | BOYAmt |
| EOY | $447,277 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $392,635 | BOYAmt |
| EOY | $200,564 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,647 | BOYAmt |
| EOY | $27,693 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,800,000 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,331 | BOYAmt |
| EOY | $3,924 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,677 | BOYAmt |
| EOY | $117,863 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,755,302 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,451,358 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,555,016 | BOYAmt |
| EOY | $30,303,944 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,947,401 | BOYAmt |
| EOY | $1,625,493 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,657,332 | BOYAmt |
| EOY | $2,226,996 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,067,607 | BOYAmt |
| EOY | $1,067,607 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,000 | BOYAmt |
| EOY | $58,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,634,056 | BOYAmt |
| EOY | $39,288,183 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $352,635 | BOYAmt |
| EOY | $592,377 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,821 | BOYAmt |
| EOY | $70,049 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,130,111 | BOYAmt |
| EOY | $17,372,297 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,347 | BOYAmt |
| EOY | $176,731 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,709,914 | BOYAmt |
| EOY | $18,211,454 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,781,346 | BOYAmt |
| EOY | $15,708,676 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,142,796 | BOYAmt |
| EOY | $5,368,053 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,924,142 | BOYAmt |
| EOY | $21,076,729 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,634,056 | BOYAmt |
| EOY | $39,288,183 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,422,349 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$430,336 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,272 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | 0 | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,939,387 | BeginningYearBalanceAmt |
| Contributions | $74,347 | ContributionsAmt |
| Investment Earnings Or Losses | -$541,050 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $133,990 | GrantsOrScholarshipsAmt |
| End Year Balance | $4,338,694 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,878,527 | BeginningYearBalanceAmt |
| Contributions | $58,137 | ContributionsAmt |
| Investment Earnings Or Losses | $184,801 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $182,078 | GrantsOrScholarshipsAmt |
| End Year Balance | $4,939,387 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,470,934 | BeginningYearBalanceAmt |
| Contributions | $980,452 | ContributionsAmt |
| Investment Earnings Or Losses | $534,586 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $107,445 | GrantsOrScholarshipsAmt |
| End Year Balance | $4,878,527 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,127,052 | BeginningYearBalanceAmt |
| Contributions | $47,636 | ContributionsAmt |
| Investment Earnings Or Losses | $442,614 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $146,368 | GrantsOrScholarshipsAmt |
| End Year Balance | $3,470,934 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,838,686 | BeginningYearBalanceAmt |
| Contributions | $548,823 | ContributionsAmt |
| Investment Earnings Or Losses | -$141,604 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $118,853 | GrantsOrScholarshipsAmt |
| End Year Balance | $3,127,052 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,757,060 | OtherCostOrOtherBasisAmt |
| Book Value | $3,757,060 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $28,504,805 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,379,953 | DepreciationAmt |
| Book Value | $25,124,852 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,224,998 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,071,405 | DepreciationAmt |
| Book Value | $1,153,593 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $268,439 | OtherCostOrOtherBasisAmt |
| Book Value | $268,439 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $30,303,944 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS - OTHER SECURITIES | Desc |
| Book Value | $2,226,996 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,226,996 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| STUDENT DEPOSITS AND AGENCY FUNDS | $158,621 |
| OTHER | $18,110 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $176,731 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE COLLEGE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE COLLEGE IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE COLLEGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE COLLEGE INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE COLLEGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE COLLEGE FILES INFORMATIONAL RETURNS, WHICH ARE OPEN FOR EXAMINATION BY AUTHORITIES FOR THREE YEARS AFTER FILING. THE TAX RETURNS FOR 2019, 2020, AND 2021 ARE STILL OPEN TO EXAMINATION. |
| SCHEDULE D, PART V, LINE 4 | ENDOWMENT USE ENDOWMENTS CONSIST OF NUMEROUS INDIVIDUAL FUNDS ESTABLISHED TO BENEFIT UNRESTRICTED OPERATIONS AND TO PROVIDE SCHOLARSHIPS TO ELIGIBLE STUDENTS WHO MEET INDIVIDUAL DONOR REQUIREMENTS. ALL ENDOWMENTS ARE DONOR RESTRICTED, WITH NO BOARD DESIGNATED (QUASI) FUNDS. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | 0 | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | WE DO NOT SERVE A LOCALIZED COMMUNITY, BUT A DENOMINATIONAL CONSTITUENCY. WHILE WE HAVE, ON OCCASION, ADVERTISED OUR RACIALLY NON-DISCRIMINATORY POLICY IN LOCAL NEWSPAPERS, WE HAVE NOT DONE THIS ANNUALLY. OUR CATALOG, WHICH IS THE BASIS FOR COMMUNICATING SCHOOL POLICIES TO OUR TRUE CONSTITUENCY OF PROSPECTIVE STUDENTS IN THE DENOMINATION (AND ALL OTHERS WHO INQUIRE), ALWAYS CONTAINS NOTICE OF THE NON-DISCRIMINATORY POLICY. |
| SCHEDULE E, PART I, LINE 6 | THE COLLEGE RECEIVES FINANCIAL AID FOR STUDENTS IN THE FORM OF PELL GRANTS, SUPPLEMENTAL OPPORTUNITY GRANTS, FEDERAL WORK STUDY, AND FEDERAL FAMILY EDUCATIONAL LOANS. THESE ARE AWARDED TO STUDENTS BASED ON FEDERAL ELIGIBILITY REQUIREMENTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | STRONG & COURAGEOUS | Event1Nm |
| Gross Receipts Event1 | $51,015 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $51,015 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $4,598 | OtherDirectExpensesEvent1Amt |
| Event2 | NORTHERN QUARTERLY RALLY | Event2Nm |
| Gross Receipts Event2 | $29,548 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $29,548 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $1,184 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $47,714 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $47,714 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $16,124 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $128,277 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $128,277 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $21,906 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $21,906 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $106,371 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS TO ELIGIBLE STUDENTS | GrantTypeTxt |
| Recipient | 262 | RecipientCnt |
| Cash Grant | $1,999,995 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS TO ELIGIBLE STUDENTS WHO MEET THE CRITERIA OF THE COLLEGE OR TRUST INSTRUMENT WHO ESTABLISHED THE SCHOLARSHIP FUND. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN OUTSIDE PUBLIC ACCOUNTING FIRM. THE RETURN IS REVIEWED IN DETAIL BY THE VP FOR FINANCIAL AFFAIRS AND THE PRESIDENT OF THE COLLEGE. THE DRAFT IS EMAILED TO MEMBERS OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE CERTAIN FINANCIAL INTERESTS AND FIDUCIARY RELATIONSHIPS. RESPONSES ARE REVIEWED TO DETERMINE IF FURTHER INVESTIGATION IS NECESSARY AND TO DETERMINE IF A CONFLICT EXISTS WITH RESPECT TO A CERTAIN TRANSACTION. IF A CONFLICT EXISTS, THE TRANSACTION IS NOT TO BE ENTERED INTO UNLESS ALTERNATIVES ARE FULLY INVESTIGATED, AND IN THEIR ABSENCE, THE BOARD, WITHOUT THE PARTICIPATION OF THE INTERESTED MEMBER(S), DETERMINES THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. PLANS TO MANAGE THE CONFLICT DURING THE RELATIONSHIP ARE IMPLEMENTED. ALL DISCUSSIONS ARE APPROPRIATELY DOCUMENTED. ALL OTHER EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CIRCUMSTANCES, INCLUDING FAMILY AND BUSINESS RELATIONSHIPS, WHICH MAY CREATE A CONFLICT OF INTEREST FOR THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION APPROVAL PROCESS - IN DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES, THE ANNUAL PROCESS PERFORMED BY WELCH COLLEGE INCLUDES A COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OF TRUSTEES. ADDITIONALLY, ALL DISCUSSIONS AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COLLEGE MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE. THE COLLEGE'S FINANCIAL STATEMENTS ARE PUBLISHED FOR THE DENOMINATION AT LARGE AND PRESENTED ANNUALLY TO THE FREE WILL BAPTIST CONVENTION. FORM 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. |
| FORM 990, PART XI, LINE 9: | CURRENT YEAR NON-CONTROLLING INCOME ADJUSTMENT 5,266. ROUNDING 6. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| NATIONAL ASSOC OF FREE WILL BAPTISTS | |||||||||
| 5233 MT VIEW ROAD | ANTIOCH | TN | 37013 | 581542098 | SPONSORING CHURCH/ DENOMINATION | TN | 501(C)(3) | LINE 1 | 0 |
| FREE WILL BAPTIST FOUNDATION | |||||||||
| 5233 MT VIEW ROAD | ANTIOCH | TN | 37013 | 621172550 | INVESTMENTS AND HOLDER OF COLLEGE DEBT | TN | 501(C)(3) | LINE 1 | 0 |
| RANDALL HOUSE PUBLICATIONS | |||||||||
| 114 BUSH ROAD | NASHVILLE | TN | 37217 | 620676318 | DENOMINATIONAL PUBLISHER | TN | 501(C)(3) | LINE 1 | 0 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREE WILL BAPTIST MINISTRIES PARTNERSHIP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1045 BISON TRAIL | AddressLine1Txt |
| City | GALLATIN | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37066 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 815306067 | EIN |
| Primary Activities | LAND PURCHASE | PrimaryActivitiesTxt |
| Legal Domicile State | TN | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELCH COLLEGE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | NONE AT PRESENT | PredominantIncomeTypeTxt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.38050 | OwnershipPct |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FREE WILL BAPTIST FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $1,068,198 | InvolvedAmt |
| Method Of Amount Determination | CAPITAL ACCOUNT BALANCE | MethodOfAmountDeterminationTxt |