CUMBERLAND UNIVERSITY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CUMBERLAND UNIVERSITY (EIN 62-0599339)
- Tax period
- 2023-06-01 to 2024-05-31
- Filed
- 2025-04-14
- IRS object ID
- 202531049349302363
- Schema version
- 2023v6.0
- 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 J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-14T20:39:33-05:00 | ReturnTs |
| Tax Period End | 2024-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621199757 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LBMC PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1869 | AddressLine1Txt |
| City | BRENTWOOD | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 370241869 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620599339 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CUMBERLAND UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CUMB | BusinessNameControlTxt |
| Phone | 6155471249 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CUMBERLAND SQ | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 370873408 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PAUL STUMB | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6155471249 | PhoneNum |
| Signature | 2025-04-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ABIGAIL CAMPBELL | PreparerPersonNm |
| PTIN | P01296738 | PTIN |
| Phone | 6153774600 | PhoneNum |
| Preparation | 2025-04-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL STUMB | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CUMBERLAND SQ | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 370873408 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $76,068,740 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CUMBERLAND.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1842 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS | ActivityOrMissionDesc |
| Voting Members Governing Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 31 | VotingMembersIndependentCnt |
| Total Employee | 523 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,783,781 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,355,547 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $59,404,745 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $69,011,020 | CYProgramServiceRevenueAmt |
| PY Investment Income | $952,972 | PYInvestmentIncomeAmt |
| CY Investment Income | $907,748 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$60,997 | PYOtherRevenueAmt |
| CY Other Revenue | $472,951 | CYOtherRevenueAmt |
| PY Total Revenue | $81,080,501 | PYTotalRevenueAmt |
| CY Total Revenue | $75,747,266 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $37,685,102 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $39,049,301 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,675,536 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,131,222 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $606,291 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $16,278,351 | PYOtherExpensesAmt |
| CY Other Expenses | $17,786,917 | CYOtherExpensesAmt |
| PY Total Expenses | $69,638,989 | PYTotalExpensesAmt |
| CY Total Expenses | $72,967,440 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,441,512 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,779,826 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $72,580,969 | TotalAssetsBOYAmt |
| Total Assets EOY | $77,296,090 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $17,659,933 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $17,834,935 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $54,921,036 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $59,461,155 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE PRIVATE CO-EDUCATIONAL POST-SECONDARY EDUCATION TO ALL RACES AND CREEDS OF THE GENERAL PUBLIC. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $48,679,737 | ExpenseAmt |
| Grant | $39,049,301 | GrantAmt |
| Revenue | $62,280,875 | RevenueAmt |
| Desc | INSTRUCTION - PRIVATE UNIVERSITY PROVIDING EDUCATION FOR APPROXIMATELY 1,923 FULL-TIME AND 443 PART-TIME UNDERGRADUATE AND 232 GRADUATE STUDENTS THROUGH ITS NINE UNDERGRADUATE DIVISIONS AND GRADUATE PROGRAMS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,692,154 | ExpenseAmt |
| Revenue | $5,871,862 | RevenueAmt |
| Desc | STUDENT SERVICES - PROVIDE SERVICES TO THE APPROXIMATELY 2,598 STUDENTS ENROLLED IN UNDERGRADUATE AND GRADUATE PROGRAMS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,515,237 | ExpenseAmt |
| Revenue | $1,365,832 | RevenueAmt |
| Desc | OTHER SERVICES - SERVICES OPERATED FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY, AND STAFF. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $61,887,128 | 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 | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | 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 | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | Yes (1) | 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 | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | 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 | 62 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 523 | 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| 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 | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 31 | 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 | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVID RUNYAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6155471366 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE CUMBERLAND SQUARE | AddressLine1Txt |
| City | LEBANON | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 370873554 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (43 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| PAUL STUMB | |||||||
| PRESIDENT | 40.00 | Yes (X) | $264,739 | $0 | $11,109 | ||
| RON PAVAN | |||||||
| VP ATHLETICS AND FACILITIES | 40.00 | Yes (X) | $153,220 | $0 | $15,472 | ||
| C WILLIAM MCKEE | |||||||
| PROVOST VP ACADEMIC AFFAIRS | 40.00 | Yes (X) | $155,257 | $0 | $6,076 | ||
| MARK HANSHAW | |||||||
| GENERAL COUNSEL ASSOCIATE PROVOST | 40.00 | Yes (X) | $140,462 | $0 | $9,806 | ||
| STEPHEN FULLER | |||||||
| DEAN | 40.00 | $122,891 | $0 | $25,931 | Yes (X) | ||
| COURTNEY WHEELER | |||||||
| VP ADVANCEMENT | 40.00 | Yes (X) | $129,205 | $0 | $15,484 | ||
| REGGIE BLAIR | |||||||
| VP ENROLLMENT | 40.00 | Yes (X) | $126,784 | $0 | $14,906 | ||
| MARY LEWIS HALEY | |||||||
| ENDOWED PROFESSOR | 40.00 | $109,619 | $0 | $18,077 | Yes (X) | ||
| JENNY MASON | |||||||
| DEAN | 40.00 | $108,225 | $0 | $18,485 | Yes (X) | ||
| MARY GRIFFITH | |||||||
| DEAN | 40.00 | $113,123 | $0 | $11,706 | Yes (X) | ||
| WILLIAM RICHARDSON | |||||||
| EXECUTIVE DIRECTOR | 40.00 | $103,047 | $0 | $12,203 | Yes (X) | ||
| SAM HATCHER | |||||||
| CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| MICHAEL MOSCARDELLI | |||||||
| VICE CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| FRANK RUDY | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JOSEPH ADAMS | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| HAL BONE | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT C BONE D 31124 | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| WP BONE III | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ANDRE' CHURCHWELL | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| LAURA DAILY | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| TERESA CHASTEEN DUNN | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JESSICA FAIN | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| CATHY GRACEY | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| J RODERICK HELLER III | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| PATRICIA HUNT | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM KOCH | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| J D LOWERY | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JOHN MCDEARMAN | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT L MCDONALD | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| CECELIA MOORE | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| THOMAS PATE | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| WRIGHT PINSON | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| JUSTIN PITT | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT PORTER | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| EDWARD POWELL | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| LEWIS RANKIN | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| MARK RIGGINS | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL SPALDING | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| HEATHER STAFFORD | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| MARC SUAREZ | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| EDWARD L THACKSTON | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| WILLIAM VALLETT | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT N VERO | |||||||
| TRUSTEE | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,526,572 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $159,255 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN J CONNOR | PersonNm |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 247 BLUEBERRY TRAIL | AddressLine1Txt |
| City | SPARTA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 38583 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | PROGRAM DEVELOPMENT | ServicesDesc |
| Compensation | $105,518 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $140,467 | FundraisingAmt |
| Government Grants | $721,281 | GovernmentGrantsAmt |
| All Other Contributions | $4,493,799 | AllOtherContributionsAmt |
| Noncash Contributions | $525,765 | NoncashContributionsAmt |
| Total Contributions | $5,355,547 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611310 | $62,280,875 | $62,280,875 |
| STUDENT ROOM AND BOARD | 611310 | $5,871,862 | $5,871,862 |
| AUXILIARY ENTERPRISES | 611310 | $585,948 | $585,948 |
| SUMMER CAMPS | 611310 | $272,335 | $272,335 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $69,011,020 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $826,827 | TotalRevenueColumnAmt |
| Exclusion | $826,827 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $69,441 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $69,441 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $69,441 | TotalRevenueColumnAmt |
| Exclusion | $69,441 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,191 | SecuritiesAmt |
| Other | $54,730 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,191 | SecuritiesAmt |
| Other | $54,730 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $80,921 | TotalRevenueColumnAmt |
| Exclusion | $80,921 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $217,435 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $140,467 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $321,474 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$104,039 | TotalRevenueColumnAmt |
| Exclusion | -$104,039 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $507,549 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $507,549 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $507,549 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $75,747,266 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $69,518,569 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $873,150 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,049,301 | TotalAmt |
| Program Services | $39,049,301 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,042,320 | TotalAmt |
| Management And General | $690,944 | ManagementAndGeneralAmt |
| Fundraising | $351,376 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,765,806 | TotalAmt |
| Program Services | $11,607,861 | ProgramServicesAmt |
| Management And General | $1,119,142 | ManagementAndGeneralAmt |
| Fundraising | $38,803 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $242,036 | TotalAmt |
| Program Services | $203,465 | ProgramServicesAmt |
| Management And General | $31,728 | ManagementAndGeneralAmt |
| Fundraising | $6,843 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $640,025 | TotalAmt |
| Program Services | $538,032 | ProgramServicesAmt |
| Management And General | $83,899 | ManagementAndGeneralAmt |
| Fundraising | $18,094 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,441,035 | TotalAmt |
| Program Services | $1,211,395 | ProgramServicesAmt |
| Management And General | $188,900 | ManagementAndGeneralAmt |
| Fundraising | $40,740 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,539 | TotalAmt |
| Management And General | $95,539 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,678,903 | TotalAmt |
| Program Services | $1,291,945 | ProgramServicesAmt |
| Management And General | $326,414 | ManagementAndGeneralAmt |
| Fundraising | $60,544 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $749,308 | TotalAmt |
| Program Services | $1,948 | ProgramServicesAmt |
| Management And General | $747,360 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,280,704 | TotalAmt |
| Program Services | $1,236,702 | ProgramServicesAmt |
| Management And General | $972,330 | ManagementAndGeneralAmt |
| Fundraising | $71,672 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,851 | TotalAmt |
| Program Services | $22,117 | ProgramServicesAmt |
| Management And General | $117,672 | ManagementAndGeneralAmt |
| Fundraising | $6,062 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,070,579 | TotalAmt |
| Program Services | $340,963 | ProgramServicesAmt |
| Management And General | $1,729,616 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,624,714 | TotalAmt |
| Program Services | $3,476,118 | ProgramServicesAmt |
| Management And General | $140,719 | ManagementAndGeneralAmt |
| Fundraising | $7,877 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,067 | TotalAmt |
| Program Services | $73,851 | ProgramServicesAmt |
| Management And General | $6,936 | ManagementAndGeneralAmt |
| Fundraising | $4,280 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,745 | TotalAmt |
| Management And General | $267,745 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,676,176 | TotalAmt |
| Management And General | $2,676,176 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $962,506 | TotalAmt |
| Program Services | $229,319 | ProgramServicesAmt |
| Management And General | $733,187 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| ALLOCATED OPERATING AND | $2,537,832 | $2,057,928 | $479,904 |
| BAD DEBT | $405,096 | $405,096 | |
| SUMMER CAMPS | $71,719 | $5,909 | $65,810 |
| MISCELLANEOUS | $52,577 | $52,577 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,601 | TotalAmt |
| Program Services | $82,601 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,967,440 | TotalAmt |
| Program Services | $61,887,128 | ProgramServicesAmt |
| Management And General | $10,474,021 | ManagementAndGeneralAmt |
| Fundraising | $606,291 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,229,141 | BOYAmt |
| EOY | $7,034,787 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $381,668 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,897,156 | BOYAmt |
| EOY | $1,405,705 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,688,335 | BOYAmt |
| EOY | $4,231,900 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $350,087 | BOYAmt |
| EOY | $95,865 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $70,981,751 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $31,466,475 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,214,911 | BOYAmt |
| EOY | $39,515,276 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,712,944 | BOYAmt |
| EOY | $24,368,350 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,283,685 | BOYAmt |
| EOY | $74,644 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $13,775 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,710 | BOYAmt |
| EOY | $174,120 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,580,969 | BOYAmt |
| EOY | $77,296,090 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,734,354 | BOYAmt |
| EOY | $4,470,249 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,653,107 | BOYAmt |
| EOY | $3,964,167 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,067,762 | BOYAmt |
| EOY | $9,224,474 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,710 | BOYAmt |
| EOY | $176,045 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,659,933 | BOYAmt |
| EOY | $17,834,935 | 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 | $30,449,151 | BOYAmt |
| EOY | $31,718,958 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,471,885 | BOYAmt |
| EOY | $27,742,197 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,921,036 | BOYAmt |
| EOY | $59,461,155 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,580,969 | BOYAmt |
| EOY | $77,296,090 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,779,826 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,827,220 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$1,066,927 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,930,877 | BeginningYearBalanceAmt |
| Contributions | $1,167,922 | ContributionsAmt |
| Investment Earnings Or Losses | $3,359,309 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $533,519 | GrantsOrScholarshipsAmt |
| End Year Balance | $25,924,589 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,699,850 | BeginningYearBalanceAmt |
| Contributions | $5,486,348 | ContributionsAmt |
| Investment Earnings Or Losses | -$224,552 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $366,754 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,335,985 | OtherExpendituresAmt |
| End Year Balance | $21,930,877 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $15,968,645 | BeginningYearBalanceAmt |
| Contributions | $641,589 | ContributionsAmt |
| Investment Earnings Or Losses | -$169,294 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $280,384 | GrantsOrScholarshipsAmt |
| Other Expenditures | $460,706 | OtherExpendituresAmt |
| End Year Balance | $15,699,850 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,572,298 | BeginningYearBalanceAmt |
| Contributions | $256,805 | ContributionsAmt |
| Investment Earnings Or Losses | $3,518,755 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $278,180 | GrantsOrScholarshipsAmt |
| Other Expenditures | $101,033 | OtherExpendituresAmt |
| End Year Balance | $15,968,645 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,300,718 | BeginningYearBalanceAmt |
| Contributions | $154,040 | ContributionsAmt |
| Investment Earnings Or Losses | $406,919 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $289,379 | GrantsOrScholarshipsAmt |
| End Year Balance | $12,572,298 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.91000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.09000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,387,043 | OtherCostOrOtherBasisAmt |
| Book Value | $2,387,043 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $52,061,154 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,041,531 | DepreciationAmt |
| Book Value | $32,019,623 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,577,373 | OtherCostOrOtherBasisAmt |
| Depreciation | $479,831 | DepreciationAmt |
| Book Value | $1,097,542 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,142,088 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,375,360 | DepreciationAmt |
| Book Value | $3,766,728 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,814,093 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,569,753 | DepreciationAmt |
| Book Value | $244,340 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $39,515,276 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITY | $172,795 |
| SECURITY DEPOSIT | $3,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $176,045 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $39,928,259 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,827,220 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $81,600 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $321,474 | OtherRevenueAmt |
| Revenue Not Reported | $3,230,294 | RevenueNotReportedAmt |
| Revenue Subtotal | $36,697,965 | RevenueSubtotalAmt |
| Other Revenues Not Included | $39,049,301 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $39,049,301 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $75,747,266 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $34,321,213 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $81,600 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $321,474 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $403,074 | ExpensesNotReportedAmt |
| Expenses Subtotal | $33,918,139 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $39,049,301 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $39,049,301 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $72,967,440 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE UNIVERSITY HOUSES A COLLECTION OF MOUNTED ANIMAL SPECIES FROM VARIOUS COUNTRIES IN ITS ADMINISTRATION BUILDING. THE COLLECTION IS VISITED FREQUENTLY BY CLASSES FROM DAY CARES, ELEMENTARY SCHOOLS, AND THE GENERAL PUBLIC. THE UNIVERSITY HOUSES A COLLECTION OF HISTORICAL RECORDS INCLUDING ORIGINAL MINUTES FROM ITS ORIGINATION IN THE LIBRARY ARCHIVES. THESE RECORDS ARE AVAILABLE TO THE PUBLIC BY APPOINTMENT FOR PERSONAL RESEARCH AND ARE PRESERVED FOR FUTURE GENERATIONS. |
| PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 125 FUNDS, MANAGED BY THE UNIVERSITY, PRIMARILY ESTABLISHED FOR SCHOLARSHIPS. |
| PART X, LINE 2: | THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. AS OF MAY 31, 2024, THE UNIVERSITY HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE UNIVERSITY'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE UNIVERSITY FILES A U.S. FEDERAL INFORMATION TAX RETURN. THE UNIVERSITY IS GENERALLY SUBJECT TO U.S. FEDERAL AND TENNESSEE TAX EXAMINATION FOR THREE YEARS FROM THE DATE THE RETURN WAS FILED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES 321,474. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED WITH TUITION REVENUE 39,049,301. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES 321,474. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIPS NETTED WITH TUITION REVENUE 39,049,301. |
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 | Yes (1) | 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 | THE NONDISCRIMINATORY POLICY IS MENTIONED IN COMMERCIALS AND MEDIA COVERAGE OF THE UNIVERSITY. |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY RECEIVES MONIES FROM U.S. DEPT OF EDUCATION AND TENNESSEE STUDENT ASSISTANCE CORPORATION IN THE FORM OF VARIOUS GRANTS. FEDERAL GRANTS INCLUDE PELL, SEOG, FEDERAL WORK STUDY. UNIVERSITY ALSO MAINTAINS ELIGIBILITY TO PARTICIPATE IN FEDERAL STAFFORD LOAN AND FEDERAL PERKINS LOAN PROGRAMS. STATE GRANTS RECEIVED IN FORM OF TSAC AND VOCATIONAL REHAB GRANTS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PHOENIX BALL | Event1Nm |
| Gross Receipts Event1 | $357,902 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $140,467 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $217,435 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $270,087 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $43,519 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $7,868 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $357,902 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $140,467 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $217,435 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $270,087 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $43,519 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $7,868 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $321,474 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$104,039 | 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 | TUITION ASSISTANCE | GrantTypeTxt |
| Recipient | 3544 | RecipientCnt |
| Non Cash Assistance | $39,049,301 | NonCashAssistanceAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | STUDENTS ARE VERIFIED FOR ELIGIBILITY AND FUNDS ARE POSTED TO EACH STUDENT'S ACCOUNT. THE ACCOUNT IS REFUNDED IF NOT USED IN A SPECIFIED TIME OR IF THE STUDENT WITHDRAWS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL STUMB | ||||||||||||||
| PRESIDENT | $264,739 | $0 | $0 | $0 | $0 | $0 | $10,326 | $0 | $783 | $0 | $275,848 | $0 | $0 | $0 |
| RON PAVAN | ||||||||||||||
| VP ATHLETICS AND FACILITIES | $153,220 | $0 | $0 | $0 | $0 | $0 | $6,091 | $0 | $9,381 | $0 | $168,692 | $0 | $0 | $0 |
| C WILLIAM MCKEE | ||||||||||||||
| PROVOST VP ACADEMIC AFFAIRS | $155,257 | $0 | $0 | $0 | $0 | $0 | $6,076 | $0 | $0 | $0 | $161,333 | $0 | $0 | $0 |
| MARK HANSHAW | ||||||||||||||
| GENERAL COUNSEL ASSOCIATE PROVOST | $140,462 | $0 | $0 | $0 | $0 | $0 | $2,045 | $0 | $7,761 | $0 | $150,268 | $0 | $0 | $0 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHRISTY STUMB | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SPOUSE OF PRESIDENT | RelationshipDescriptionTxt |
| Transaction | $137,000 | TransactionAmt |
| Transaction | PAYMENTS TO STUMB HEALTHCARE PROFESSIONAL, LLP | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $243,318 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (6 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | AUCTION ITEMS | 0 | $220,242 | FAIR MARKET VALUE |
| Yes (X) | FURNITURE | 6 | $24,931 | FAIR MARKET VALUE |
| Yes (X) | MEDICAL BED | 1 | $20,693 | FAIR MARKET VALUE |
| Yes (X) | CAR | 2 | $11,600 | FAIR MARKET VALUE |
| Yes (X) | STUDENT SUPPLIES | 0 | $8,961 | FAIR MARKET VALUE |
| Yes (X) | PROPERTY AND EQUIPMENT | 0 | $7,620 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHAIRMAN OF THE BOARD RECEIVES AN E-MAIL COPY OF THE COMPLETED 990 BEFORE FILING AND IS RESPONSIBLE FOR REVIEWING AND/OR DISTRIBUTING TO THE BOARD MEMBERS FOR REVIEW AND FOR APPROVAL BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTERST DISCLOSURE STATEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE BOARD OF TRUST (ALL UNPAID) APPOINTS A COMMITTEE (EXCLUSIVE OF BOARD OFFICERS) TO EVALUATE THE PRESIDENT'S PERFORMANCE COMPARED TO ESTABLISHED GOALS. THE COMMITTEE USES AAUP SURVEYS FOR COMPARABLE SCHOOLS AND RECOMMENDS TO THE BOARD ANY CHANGES IN SALARY SUBJECT TO THE COMPLETE BOARD OF TRUST VOTE. MINUTES ARE KEPT OF COMMITTEE AND BOARD MEETINGS TO SUBSTANTIATE THE DECISION PROCESS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Comments