2025-10-31T12:53:45-05:00 2025-06-30 620647474 BLACKBURN CHILDERS & STEAGALL PLC 801B SUNSET DRIVE JOHNSON CITY TN 376043033 990 2024-07-01 621504678 CROWN COLLEGE CROW 8659388186 2307 WEST BEAVER CREEK DRIVE POWELL TN 37849 RAY GONSALVES CFO 8659388186 2025-10-31 1 0 SARAH PRESNELL P01269151 4232824511 2025-10-31 2024 2025-03-06 01:10:19Z RAY GONSALVES 2307 WEST BEAVER CREEK DRIVE POWELL TN 37849 11210248 0 X WWW.THECROWNCOLLEGE.COM X 1991 TN THE MISSION OF THE CROWN COLLEGE OF THE BIBLE IS TO TRAIN MEN AND WOMEN TO FOLLOW THE LORD JESUS CHRIST AND TO EQUIP THEM TO FULFIL HIS PURPOSE BY PROVIDING EDUCATION IN WHICH CHRIST IS PREEMINENT, AND WHERE THE HIGHEST ACADEMICS ARE UNITED WITH MINISTRY APPLICATION FOR THE SOLE PURPOSE OF GLORIFYING THE LORD JESUS CHRIST. THE MISSION CONTINUES AS GRADUATES OF THE CROWN COLLEGE OF THE BIBLE TRAIN OTHERS. 6 6 205 0 0 0 3269039 1576264 7928684 9216139 19931 88367 98782 88972 11316436 10969742 1090857 923618 0 0 3569720 3448208 0 0 35411 5937797 5696952 10598374 10068778 718062 900964 17951693 18582635 12324955 9799900 5626738 8782735 OPERATION OF COLLEGE FOR UNDERGRADUATE AND GRADUATE LEVELS IN VARIOUS LEVELS OF RELIGION AND EDUCATIONAL INTERESTS. 0 0 8112894 923618 OPERATION OF COLLEGE FOR UNDERGRADUATE AND GRADUATE LEVELS IN VARIOUS LEVELS OF RELIGION AND EDUCATIONAL INTERESTS. 8112894 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 32 0 1 205 1 0 1 UK 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 0 0 1 0 0 TN X RAY GONSALVES 8659388186 2307 WEST BEAVER CREEK DRIVE POWELL TN 37849 JOHN STANCIL TRUSTEE 1.00 X 0 0 0 AARON BOESE CHAIRMAN 1.00 X X 0 0 0 ANDREW PADGETT SECRETARY 1.00 X X 0 0 0 ROBERT PAINTER TRUSTEE 1.00 X 0 0 0 DARREN WILLIAMS TRUSTEE 1.00 X 0 0 0 WINSTON CARROLL TRUSTEE 1.00 X 0 0 0 TIMOTHY L TOMLINSON VP OF ADMINISTRATION 40.00 X 84599 0 30764 LOYD K EWING ACADEMIC DEAN 40.00 X 47193 0 0 JAMES ZENKER CHIEF EXECUTIVE OFFICER 40.00 X 79953 0 32548 RAY GONSALVES CHIEF FINANCIAL OFFICER 40.00 X 23569 0 2046 235314 0 65358 0 0 0 0 PIONEER COLLEGE CATERERS 303 GLENROSE AVENUE NASHVILLE TN 37210 FOOD SERVICES 1082548 1 36627 1539637 1576264 TUITION AND FEES 611710 5971625 5971625 AUXILIARY ENTERPRISES 611710 2448293 2448293 OTHER INCOME 611710 796221 796221 9216139 88787 88787 420 -420 -420 -420 329058 240086 88972 88972 10969742 9305111 0 88367 X 923618 923618 390101 292576 93624 3901 2603465 1952598 647038 3829 268348 201261 66662 425 186294 139720 46108 466 92708 92708 42106 31579 10316 211 46145 25380 20765 640933 512746 128187 28171 18311 9860 200833 200833 409109 327287 81822 712507 437020 275487 106781 64069 42712 DINING HALL EXPENSES 991586 991586 DORMITORY 353960 353960 CHARITABLE EXPENSES 304934 289636 15298 MUSIC SPECIFIC EXPENSES 278782 278782 1488397 979224 497892 11281 10068778 8112894 1920473 35411 135089 42845 679621 261627 170000 144420 152162 103526 93955 26662733 9527789 15482200 17134944 160775 170638 1076062 726464 17951693 18582635 124996 64843 286110 276173 7615002 6774025 4122009 2552935 176838 131924 12324955 9799900 X 5361441 8782735 265297 0 5626738 8782735 17951693 18582635 X 900964 2093639 161394 X X 0 1 X 1 0 X 2247439 2767140 2986023 4163732 1576264 13740598 2247439 2767140 2986023 4163732 1576264 13740598 13740598 148 238 7317 19931 88787 116421 13857019 38323324 0.99160 0.99800 X SCHEDULE A, PART I, LINES 2 AND 7 CROWN COLLEGE RECEIVED AN IRS DETERMINATION LETTER STATING THAT THE ORGANIZATION WAS RECOGNIZED AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THE ORGANIZATION WAS ALSO DETERMINED NOT TO BE A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE BECAUSE IT WAS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1) AND SECTION 170(B)(1)(A)(II), WHICH IS IDENTIFIED IN SCHEDULE A, PART I, LINE 2 AS A SCHOOL. IT IS AN EDUCATIONAL ORGANIZATION WHICH NORMALLY MAINTAINS A REGULAR FACULTY AND CURRICULUM AND NORMALLY HAS A REGULARLY ENROLLED BODY OF PUPILS OR STUDENTS IN ATTENDANCE AT THE PLACE WHERE ITS EDUCATIONAL ACTIVITIES ARE REGULARLY CARRIED ON. PER THE 2013 IRS INSTRUCTIONS FOR SCHEDULE B, SCHEDULE OF CONTRIBUTORS, THE INTERNAL REVENUE SERVICE HAS CLARIFIED THAT IN ORDER FOR THE COLLEGE TO REPORT ITS CONTRIBUTIONS UNDER THE SPECIAL RULE, THE ORGANIZATION MUST NOW CHECK BOX 7 OF SCHEDULE A, PART I, AND COMPLETE SCHEDULE A, PART II, SUPPORT SCHEDULE FOR ORGANIZATIONS DESCRIBED IN SECTIONS 170(B)(1)(A)(IV) AND 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2511067 2511067 20457091 6718508 13738583 3480447 2809281 671166 214128 214128 17134944 LEASE LIABILITY 131924 131924 X 10207518 161394 161394 10046124 923618 923618 10969742 9145160 0 9145160 923618 923618 10068778 PART X, LINE 2: NOTE 1 - UNCERTAIN TAX POSITIONS THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE FOLLOWS THE FASB ASC, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. AS OF JUNE 30, 2025 AND 2024, THE COLLEGE HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE CONSOLIDATED FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES WERE RECORDED DURING THE YEARS ENDED JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN REMAINDER TRUST 9,863. GAIN ON FOREIGN CURRENCY TRANSALTION 151,531. PART XI, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 923,618. PART XII, LINE 4B - OTHER ADJUSTMENTS: INSTITUTIONAL SCHOLARSHIPS OFFSETTING STUDENT TUITION AND FEES 923,618. 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 LINE 2 - IN ON-LINE CATALOG, NOT IN ALL LITERATURE. LINE 3 - CROWN COLLEGE HAS A LONG HISTORY OF NONDISCRIMINATORY ACTIVITY. WE HAVE GOVERNED OURSELVES BY BIBLICAL STANDARDS WHICH FORBID DISCRIMINATION. "WHOSOEVER SHALL CALL...; "FOR GOD SO LOVED THE WORLD...; ETC. SCHEDULE E, PART I, LINE 4 LINE 4 - SEE LINE 3 EXPLANATION. SCHEDULE E, PART I, LINE 6 THE COLLEGE RECEIVES VETERANS ADMINISTRATION BENEFITS. THE COLLEGE DOES NOT PARTICIPATE IN THE TITLE IV STUDENT FINANCIAL AID PROGRAMS OF THE UNITED STATES DEPARTMENT OF EDUCATION. 1 CASH SCHOLARSHIPS WERE MADE FOR STUDENTS ATTENDING CROWN COLLEGE IN KNOX COUNTY, TENNESSEE. 818 923618 N/A N/A PART I, LINE 2: THE COLLEGE DOES NOT GIVE ANY NON-CASH SCHOLARSHIPS. SCHOLARSHIPS ARE DISBURSED TO STUDENTS THROUGH CREDITING THEIR STUDENT ACCOUNTS. IN THE EVENT OF EARLY WITHDRAWAL, REFUNDS ARE GRANTED BASED ON THE FOLLOWING SCHEDULE: THE ROOM AND BOARD WILL BE PRO-RATED ACCORDING TO THE NUMBER OF DAYS THE STUDENT WAS ON CAMPUS. TUITION AND FEES: IF A STUDENT WITHDRAWS BEFORE THE FIRST DAY OF CLASS, FEES AND TUITION WILL BE REFUNDED, LESS AN ADMINISTRATIVE FEE OF ONE HUNDRED DOLLARS ($100.00). IF A STUDENT WITHDRAWS AFTER THE FIRST DAY OF CLASS BUT BEFORE THE END OF THE SECOND WEEK OF CLASS, FEES AND TUITION WILL BE CHARGED AT THE RATE OF TWENTY-FIVE PERCENT (25%). IF A STUDENT WITHDRAWS DURING THE THIRD OR FOURTH WEEK OF CLASS, FEES AND TUITION WILL BE CHARGED AT THE RATE OF SEVENTY-FIVE PERCENT (75%). IF A STUDENT WITHDRAWS AFTER THE FOURTH WEEK OF CLASS, FEES AND TUITION ARE DUE AND PAYABLE IN FULL. ALL REFUNDS WILL BE ISSUED WITHIN TEN BUSINESS DAYS OF A STUDENT'S OFFICIAL WITHDRAWAL DATE. REQUESTS FOR REFUNDS ARE REVIEWED BY THE BUSINESS MANAGER FOR COMPLIANCE WITH ESTABLISHED WITHDRAWAL PROCEDURES. THE EXCEPTION TO THIS IS FOR STUDENTS ELIGIBLE FOR VA BENEFITS. IN ORDER TO REMAIN IN COMPLIANCE WITH VA REGULATIONS, THE FOLLOWING REFUND POLICY APPLIES: CROWN COLLEGE HAS A PRO-RATA REFUND POLICY FOR THE REFUND OF THE UNUSED PORTION OF TUITION, FEES AND OTHER CHARGES IN THE EVENT THE VETERAN OR ELIGIBLE PERSON FAILS TO ENTER THE COURSE OR WITHDRAWS OR IS DISCONTINUED THERE FROM AT ANY TIME PRIOR TO COMPLETION. A THE HEALTH EDUCATIONAL & HOUSING FACILITY BD-COUNTY OF KNOX SERIES 2015 621220275 NONEAVAIL 2015-05-29 10000000 REFINANCE OUTSTANDING LOAN WITH FINANCIAL INSTITUTION; CAPITAL IMPROVEMENTS 0 0 0 A 2819183 10906853 8548058 184566 512425 4951 2018 0 0 0 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 7A TRUSTEES MUST BE APPROVED BY TEMPLE BAPTIST CHURCH. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE ORGANIZATION'S FINAL FORM 990 (INCLUDING ALL REQUIRED SCHEDULES), AS ULTIMATELY FILED WITH THE IRS, WAS PROVIDED TO EACH PERSON WHO WAS A VOTING TRUSTEE OF THE GOVERNING BODY AT THE TIME THE FORM 990 WAS PROVIDED, WHETHER IN PAPER OR ELECTRONIC FORM, BEFORE ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS REVIEWED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 24E LAKE TEXOMA: PROGRAM SERVICE EXPENSES 167,646. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,646. PASSAGE NORTHWEST: PROGRAM SERVICE EXPENSES 127,378. MANAGEMENT AND GENERAL EXPENSES 31,845. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 159,223. EQUIPMENT: PROGRAM SERVICE EXPENSES 91,458. MANAGEMENT AND GENERAL EXPENSES 60,972. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 152,430. ADMINISTRATIVE EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 125,904. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,904. TBA TUITION DISCOUNTS: PROGRAM SERVICE EXPENSES 122,336. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 122,336. TRADE SCHOOL: PROGRAM SERVICE EXPENSES 114,203. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 114,203. WEBSITE AND INTERNET: PROGRAM SERVICE EXPENSES 49,859. MANAGEMENT AND GENERAL EXPENSES 49,859. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,718. FOREGIVENESS OF DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 99,063. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 99,063. ENGLAND STUDENTS EXPENSES: PROGRAM SERVICE EXPENSES 88,568. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,568. ATHLETIC SPECIFIC EXPENSES: PROGRAM SERVICE EXPENSES 87,429. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,429. MISCELLANEOUS EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 83,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,800. FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 45,123. FUNDRAISING EXPENSES 11,281. TOTAL EXPENSES 56,404. STUDENT SERVICES: PROGRAM SERVICE EXPENSES 36,491. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,491. TRANSPORTATION: PROGRAM SERVICE EXPENSES 31,376. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,376. GRADUATION: PROGRAM SERVICE EXPENSES 25,203. MANAGEMENT AND GENERAL EXPENSES 1,326. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,529. CONTINUING EDUCATION: PROGRAM SERVICE EXPENSES 18,190. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,190. ACCREDITATION EXPENSES: PROGRAM SERVICE EXPENSES 12,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,500. LIBRARY EXPENSES: PROGRAM SERVICE EXPENSES 6,587. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,587. FORM 990, PART XI, LINE 9: LOSS ON FOREIGN CURRENCY TRANSLATION 151,531. CHANGE IN REMAINDER TRUST 9,863. FORM 990, PART XII, LINE 2C CROWN COLLEGE'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THAT OF THE PRIOR YEAR. THE CROWN PASSAGE NORTHWEST LLC 2307 W BEAVER CREEK DR POWELL TN 37849 621504678 CAMPS AND MINISTRY PRACTICUM TN TEMPLE BAPTIST CHURCH 1700 WEST BEAVER CREEK DRIVE POWELL TN 37849 620844405 A CHURCH TN 501(C)(3) LINE 1 N/A 0 CROWN SCHOOL OF TRADES AND TECHNOLOGY 2307 WEST BEAVER CREEK DRIVE POWELL TN 37849 352470212 TRADE SCHOOL TN 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0