TREVECCA NAZARENE UNIVERSITY: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- TREVECCA NAZARENE UNIVERSITY (EIN 62-0497990)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-05-18
- IRS object ID
- 202011399349300821
- Schema version
- 2018v3.1
- 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 K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-05-18T12:58:46-05:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363990892 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Capin Crouse LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1255 Lakes Parkway Suite 130 | AddressLine1Txt |
| City | Lawrenceville | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30043 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620497990 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Trevecca Nazarene University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TREV | BusinessNameControlTxt |
| Phone | 6152481200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 Murfreesboro Rd | AddressLine1Txt |
| City | Nashville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37210 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mariano Monzu | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6152481200 | PhoneNum |
| Signature | 2020-05-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ted R Batson Jr | PreparerPersonNm |
| PTIN | P00721951 | PTIN |
| Phone | 6785185301 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 139.146.132.42 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-05-18 | IPDt |
| IP Tm | 13:58:32 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 0FF61730296B1857ECE530A162D6E4BE9FF4AC3A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7C931BA0DDC4A603451D755AF2C59EECD31B74FD | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Dr Dan Boone | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 Murfreesboro Rd | AddressLine1Txt |
| City | Nashville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $81,891,105 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.trevecca.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1935 | FormationYr |
| Legal Domicile State | TN | LegalDomicileStateCd |
| Activity Or Mission | Trevecca Nazarene University is a private, co-educational, Christian liberal arts university. | ActivityOrMissionDesc |
| Voting Members Governing Body | 40 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 39 | VotingMembersIndependentCnt |
| Total Employee | 1306 | TotalEmployeeCnt |
| Total Volunteers | 35 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,305,519 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,198,512 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $65,949,708 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $69,195,282 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,971,551 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,893,022 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$245,709 | PYOtherRevenueAmt |
| CY Other Revenue | -$407,383 | CYOtherRevenueAmt |
| PY Total Revenue | $70,981,069 | PYTotalRevenueAmt |
| CY Total Revenue | $77,879,433 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $16,016,736 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $17,056,684 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $28,934,511 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $31,007,336 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $966,831 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,276,207 | PYOtherExpensesAmt |
| CY Other Expenses | $24,648,253 | CYOtherExpensesAmt |
| PY Total Expenses | $69,227,454 | PYTotalExpensesAmt |
| CY Total Expenses | $72,712,273 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,753,615 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,167,160 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $135,813,654 | TotalAssetsBOYAmt |
| Total Assets EOY | $144,021,784 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $56,084,905 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $57,270,370 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $79,728,749 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $86,751,414 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Trevecca Nazarene University is a private, coeducational, Christian liberal arts university. The university exists to carry out the educational mission of the church by means of academic programs that promote scholarship, critical reflection, (continued on Schedule O) thoughtful worship, and the preparation of students for lives of meaningful service in various careers. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $39,345,659 | ExpenseAmt |
| Grant | $17,056,684 | GrantAmt |
| Revenue | $61,547,345 | RevenueAmt |
| Desc | Instruction and Student Aid: Trevecca Nazarene University is a comprehensive, fully accredited, Christian university offering undergraduate, master's and doctoral degrees. The University offers a variety of baccalaureate majors, master's degrees in the fields of business, science, education, counseling, religion, organizational leadership, and library and information sciences. The University also currently offers three doctoral degrees. (continued on Schedule O)Instruction and Student Aid, continued: Total enrollment for the University continues to grow and increased 5% compared to the prior year from 3,927 to 4,124 total students. The University also recruited its largest first-time-freshman class to date. Trevecca awards institutional, state, and federal financial aid assisting students in developing a plan for meeting their educational expenses. The Office of Financial Aid provides guidance and resources to help students and their families bridge the gap between a student's potential resources and the University's costs. The percentage of traditional undergraduate students receiving financial aid from any source was more than 90%. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $20,693,659 | ExpenseAmt |
| Revenue | $7,338,161 | RevenueAmt |
| Desc | Student Services:The Center for Student Developement provides students with programs to accompany their college career at all stages. From Freshmen LEAP groups to career development counseling and internship programs, career services has everything students need to succeed. Career Services also offers job-search related strategy workshops, career exploration events, resume and interviewing education, mock interviews, business and etiquette dinners, assistance with graduate school admissions, career fairs, job postings and job referrals. (continued on Schedule O)Student Services, continued: The University continues to place strong emphasis on the School of Graduate and Continuing Studies (SGCS) and the University's online degree programs. The SGCS offers degrees of all academic levels built for students in all facets of life with 20 entirely online degree programs from the associate degree to doctorate. The University also continues strong promotional campaigns utlizing digital media, billboard, radio, and other outlets that connect prospective students to online degree programs and face-to-face offerings in Gallatin, Tullahoma, and Nashville. Other student services areas:Counseling CenterITS (Information Technology Services)Registrar SecurityTNU BookstoreLibrary | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,353,785 | ExpenseAmt |
| Revenue | $309,776 | RevenueAmt |
| Desc | Academic Support:Trevecca provides support to the academic functions across campus through the functions of the Office of the Provost, Office of the Academic Dean, Office of Institutional Research, the Center for Student Developement, the Center for Teaching and Learning, the Library, and the Center for Online Learning. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $64,393,103 | 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 | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | 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 | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | 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 | 5312 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1306 | 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 |
| 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 | 40 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 39 | 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 | Yes (1) | 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 | 0 | 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 | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mariano Monzu CFO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6152481200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 Murfreesboro Road | AddressLine1Txt |
| City | Nashville | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (52 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Dan Boone | |||||||
| President | 40.00 | Yes (X) | Yes (X) | $134,617 | $0 | $144,704 | |
| Dwight Gunter | |||||||
| Board Chairman | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Brian Wilson | |||||||
| Board Vice Chair | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Sandy Aldridge | |||||||
| Board Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mark Berry | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Daniel Bradshaw | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Lamar Brantley | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Larry Dennis | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ron DeWitt | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| David Asok Dhanarajan | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Samuel Flores | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| David Graves | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Marquita Hicks | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Teresa Hodge | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Robin Holmes | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jimmy Horton | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mark Lancaster | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Shannon Litton | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Greg Mason | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mike McAdory | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Ronald McCormack | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Bill McDaniel | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Herb Modesitt | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Samuel Mokeba | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Dennis Moore | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Wendel Nixon | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| John Paul | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kyle Poole | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Brian Powell | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jeannie Pressley | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Tim Pullin | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Scott Ragan | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Andy Rutherform | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Bethany Silvas | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Teresa Sparks | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jim Spear | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Greg Story | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Morris Stocks | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Marc Vann | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Howard Wilson | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Joey Brummett | |||||||
| Trustee (part year) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Larry Leonard | |||||||
| Trustee (part year) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Scott Lowry | |||||||
| Trustee (part year) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Roy Rogers | |||||||
| Trustee (part year) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Don Smith | |||||||
| Trustee (part year) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| David Caldwell | |||||||
| EVP of Finance | 40.00 | Yes (X) | $190,174 | $0 | $36,434 | ||
| Stephen Pusey | |||||||
| Provost | 40.00 | Yes (X) | $110,520 | $0 | $90,339 | ||
| Rick Christman | |||||||
| ASC VP Grad & Continuing Studies | 40.00 | $193,648 | $0 | $14,574 | Yes (X) | ||
| Ryan Longnecker | |||||||
| Director Edd Online | 40.00 | $171,082 | $0 | $3,763 | Yes (X) | ||
| James Agee | |||||||
| ASC Professor Business | 40.00 | $148,166 | $0 | $29,107 | Yes (X) | ||
| Holly Whitby | |||||||
| ASC Provost Dean Enrollment | 40.00 | $147,556 | $0 | $15,947 | Yes (X) | ||
| Sam Green | |||||||
| Director NPW | 40.00 | $135,428 | $0 | $6,486 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,231,191 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $341,354 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 20 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | 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 |
|---|---|---|---|---|---|
| Tree of Life Bookstores Inc | |||||
| 1500 S Western Ave | Marion | IN | 46953 | Bookstore | $2,448,749 |
| Pioneer College Caterers Inc | |||||
| 2684 E Sheepneck Road | Culleoka | TN | 38451 | Food Service | $2,326,852 |
| Case Restoration | |||||
| 1115 Polk Avenue | Nashville | TN | 37210 | Repairs & Maintenance | $1,627,368 |
| Google Inc | |||||
| PO Box 39000 | San Francisco | CA | 94139 | Marketing | $892,865 |
| Belmont University | |||||
| 1900 Belmont Blvd | Nashville | TN | 37212 | Nursing Program | $791,663 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $41,214 | FundraisingAmt |
| Government Grants | $228,850 | GovernmentGrantsAmt |
| All Other Contributions | $5,928,448 | AllOtherContributionsAmt |
| Noncash Contributions | $900,079 | NoncashContributionsAmt |
| Total Contributions | $6,198,512 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition and fees | 611710 | $61,547,345 | $61,547,345 |
| Auxiliary enterprises | 611710 | $7,338,161 | $7,338,161 |
| Other program revenue | 611710 | $309,776 | $309,776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $69,195,282 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,233,591 | TotalRevenueColumnAmt |
| Exclusion | $1,233,591 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $18,091 | TotalRevenueColumnAmt |
| Exclusion | $18,091 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,569,366 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,964,629 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$395,263 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$395,263 | TotalRevenueColumnAmt |
| Exclusion | -$395,263 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,647,554 | SecuritiesAmt |
| Other | $12,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $367,542 | SecuritiesAmt |
| Other | $650,672 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,280,012 | SecuritiesAmt |
| Other | -$638,672 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,641,340 | TotalRevenueColumnAmt |
| Exclusion | $1,641,340 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $16,709 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $41,214 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $28,829 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,120 | TotalRevenueColumnAmt |
| Exclusion | -$12,120 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $77,879,433 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $69,195,282 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,485,639 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,056,684 | TotalAmt |
| Program Services | $17,056,684 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $724,681 | TotalAmt |
| Management And General | $724,681 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205,305 | TotalAmt |
| Management And General | $205,305 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,000,186 | TotalAmt |
| Program Services | $20,465,017 | ProgramServicesAmt |
| Management And General | $3,040,453 | ManagementAndGeneralAmt |
| Fundraising | $494,716 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $943,583 | TotalAmt |
| Program Services | $788,528 | ProgramServicesAmt |
| Management And General | $131,333 | ManagementAndGeneralAmt |
| Fundraising | $23,722 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,498,137 | TotalAmt |
| Program Services | $2,768,689 | ProgramServicesAmt |
| Management And General | $639,565 | ManagementAndGeneralAmt |
| Fundraising | $89,883 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,635,444 | TotalAmt |
| Program Services | $1,354,467 | ProgramServicesAmt |
| Management And General | $245,978 | ManagementAndGeneralAmt |
| Fundraising | $34,999 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,309 | TotalAmt |
| Management And General | $73,309 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,797 | TotalAmt |
| Management And General | $126,797 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,542 | TotalAmt |
| Management And General | $84,542 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $764,746 | TotalAmt |
| Program Services | $409,963 | ProgramServicesAmt |
| Management And General | $354,783 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,502,264 | TotalAmt |
| Program Services | $2,111,461 | ProgramServicesAmt |
| Management And General | $367,446 | ManagementAndGeneralAmt |
| Fundraising | $23,357 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,291,287 | TotalAmt |
| Program Services | $1,149,134 | ProgramServicesAmt |
| Management And General | $35,540 | ManagementAndGeneralAmt |
| Fundraising | $106,613 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,484,833 | TotalAmt |
| Program Services | $1,189,354 | ProgramServicesAmt |
| Management And General | $243,531 | ManagementAndGeneralAmt |
| Fundraising | $51,948 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,506,588 | TotalAmt |
| Program Services | $4,475,578 | ProgramServicesAmt |
| Management And General | $31,010 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $664,977 | TotalAmt |
| Program Services | $528,063 | ProgramServicesAmt |
| Management And General | $129,211 | ManagementAndGeneralAmt |
| Fundraising | $7,703 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,931 | TotalAmt |
| Program Services | $84,038 | ProgramServicesAmt |
| Management And General | $17,879 | ManagementAndGeneralAmt |
| Fundraising | $5,014 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,157,705 | TotalAmt |
| Program Services | $1,100,754 | ProgramServicesAmt |
| Management And General | $48,748 | ManagementAndGeneralAmt |
| Fundraising | $8,203 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,616,882 | TotalAmt |
| Program Services | $3,438,961 | ProgramServicesAmt |
| Management And General | $152,299 | ManagementAndGeneralAmt |
| Fundraising | $25,622 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,650 | TotalAmt |
| Program Services | $352,417 | ProgramServicesAmt |
| Management And General | $15,607 | ManagementAndGeneralAmt |
| Fundraising | $2,626 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Food service | $2,019,482 | $2,019,482 | ||
| Instructional materials | $357,433 | $357,433 | ||
| Equipment purchases | $182,513 | $154,259 | $26,679 | $1,575 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,337,314 | TotalAmt |
| Program Services | $4,588,821 | ProgramServicesAmt |
| Management And General | $657,643 | ManagementAndGeneralAmt |
| Fundraising | $90,850 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,712,273 | TotalAmt |
| Program Services | $64,393,103 | ProgramServicesAmt |
| Management And General | $7,352,339 | ManagementAndGeneralAmt |
| Fundraising | $966,831 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,334,307 | BOYAmt |
| EOY | $6,138,140 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000,000 | BOYAmt |
| EOY | $1,500,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,542,046 | BOYAmt |
| EOY | $3,013,133 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $258,748 | BOYAmt |
| EOY | $695,260 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $133,408,315 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $33,136,663 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,802,876 | BOYAmt |
| EOY | $100,271,652 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,257,626 | BOYAmt |
| EOY | $29,370,486 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,226 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,661,639 | BOYAmt |
| EOY | $2,077,391 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $920,186 | BOYAmt |
| EOY | $955,722 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,813,654 | BOYAmt |
| EOY | $144,021,784 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,125,435 | BOYAmt |
| EOY | $3,527,646 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,320,590 | BOYAmt |
| EOY | $2,860,366 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,680,000 | BOYAmt |
| EOY | $22,375,000 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $787,768 | BOYAmt |
| EOY | $786,752 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,168,102 | BOYAmt |
| EOY | $23,718,300 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,003,010 | BOYAmt |
| EOY | $4,002,306 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,084,905 | BOYAmt |
| EOY | $57,270,370 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,746,303 | BOYAmt |
| EOY | $56,106,795 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,656,656 | BOYAmt |
| EOY | $11,546,329 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,325,790 | BOYAmt |
| EOY | $19,098,290 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,728,749 | BOYAmt |
| EOY | $86,751,414 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,813,654 | BOYAmt |
| EOY | $144,021,784 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,167,160 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,065,172 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | -$245,203 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $35,536 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,106,026 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,890,784 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,198,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,305,519 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,198,512 | CurrentTaxYearAmt |
| Total | $23,699,113 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,106,026 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,890,784 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,198,272 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,305,519 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,198,512 | CurrentTaxYearAmt |
| Total | $23,699,113 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,493,581 | SubstantialContributorsTotAmt |
| Public Support Total170 | $21,205,532 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $836,239 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $812,972 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,204,870 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,922,682 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,821,048 | CurrentTaxYearAmt |
| Total | $8,597,811 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,203 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,460 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,787 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,796 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,709 | CurrentTaxYearAmt |
| Total | $67,955 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $32,364,879 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $295,180,926 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.65520 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10, Explanation of Other Income: | Fundraising events - 2014 Amount: $ 12,203. 2015 Amount: $ 12,460. 2016 Amount: $ 13,787. 2017 Amount: $ 12,796. 2018 Amount: $ 16,709. |
| Schedule A, Part II | The organization is a school as described under 170(b)(1)(A)(ii) and is not required to complete a public support schedule. Schedule A, Part II is completed to verify the School can qualify under public charity status section 170(b)(1)(A)(vi) and, therefore, qualifies to use the first listed special rule for Schedule B reporting. |
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) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $29,119,263 | BeginningYearBalanceAmt |
| Contributions | $2,778,769 | ContributionsAmt |
| Investment Earnings Or Losses | $1,434,239 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,095,362 | GrantsOrScholarshipsAmt |
| End Year Balance | $32,236,909 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,128,838 | BeginningYearBalanceAmt |
| Contributions | $672,273 | ContributionsAmt |
| Investment Earnings Or Losses | $2,358,583 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,040,431 | GrantsOrScholarshipsAmt |
| End Year Balance | $29,119,263 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $24,364,233 | BeginningYearBalanceAmt |
| Contributions | $380,596 | ContributionsAmt |
| Investment Earnings Or Losses | $3,415,043 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,031,034 | GrantsOrScholarshipsAmt |
| End Year Balance | $27,128,838 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $25,376,367 | BeginningYearBalanceAmt |
| Contributions | $451,653 | ContributionsAmt |
| Investment Earnings Or Losses | -$435,834 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,027,953 | GrantsOrScholarshipsAmt |
| End Year Balance | $24,364,233 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $26,350,249 | BeginningYearBalanceAmt |
| Contributions | $359,004 | ContributionsAmt |
| Investment Earnings Or Losses | $959,153 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $886,217 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,405,822 | OtherExpendituresAmt |
| End Year Balance | $25,376,367 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.08870 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.91130 | 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 | $7,550,896 | OtherCostOrOtherBasisAmt |
| Book Value | $7,550,896 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $14,555,520 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $97,730,418 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,450,879 | DepreciationAmt |
| Book Value | $84,835,059 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,667,036 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,687,913 | DepreciationAmt |
| Book Value | $5,979,123 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,904,445 | OtherCostOrOtherBasisAmt |
| Depreciation | $997,871 | DepreciationAmt |
| Book Value | $1,906,574 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $100,271,652 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Deposits held in custody | $367,188 |
| Refundable loan programs | $1,714,919 |
| Annuity liability | $569,219 |
| Life use obligation | $339,780 |
| Capital lease obligation | $1,011,200 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,002,306 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $62,975,154 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,065,172 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $171,775 | OtherRevenueAmt |
| Revenue Not Reported | $2,236,947 | RevenueNotReportedAmt |
| Revenue Subtotal | $60,738,207 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $84,542 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $17,056,684 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $17,141,226 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $77,879,433 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $55,707,286 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $136,239 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $136,239 | ExpensesNotReportedAmt |
| Expenses Subtotal | $55,571,047 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $84,542 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $17,056,684 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $17,141,226 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $72,712,273 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | Deposits held in custody represent two endowments that TNU holds and administers for other organizations. TNU does not benefit from these endowments, and they are reported as an asset with a corresponding liability. |
| Part V, Line 4: | Trevecca Nazarene University's endowment exists mainly to provide scholarships for students. Secondarily, a small portion of the fund exists to provide funding to an endowed chair position in the religion department and another small portion supports the maintenance of the student center. Part V, columns (b) and (c) - the beginning and ending balances have been adjusted to tie to the updated audited financials to consolidate the activity of TFWG Investors, LLC. Part V, lines 2a-2c: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions |
| Part XI, Line 2d - Other Adjustments: | Special fundraising events expense included on Part VIII, line 8b 28,829. Rental expenses included on Part VIII, line 6b 107,410. Change in value of split-interest agreements 35,536. |
| Part XI, Line 4b - Other Adjustments: | Student scholarships netted with tuition revenue 17,056,684. |
| Part XII, Line 2d - Other Adjustments: | Special fundraising expense included on Part VIII, Line 8b 28,829. Rental expense included on Part VIII, line 6b 107,410. |
| Part XII, Line 4b - Other Adjustments: | Student scholarships netted with tuition revenue 17,056,684. |
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 organization currently enrolls students of racial minority groups in meaningful numbers consistent with the publicity exception found in Rev. Proc. 75-50 section 4.03(2)(b). |
| Schedule E, Part I, Line 6 | The university receives governmental support to aid students needing educational assistance. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Business Professionals Event | Event1Nm |
| Gross Receipts Event1 | $22,815 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $16,590 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $6,225 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $7,702 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $890 | OtherDirectExpensesEvent1Amt |
| Event2 | Alumni Golf Classic | Event2Nm |
| Gross Receipts Event2 | $14,618 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $7,708 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $6,910 | GrossRevenueEvent2Amt |
| Non Cash Prizes Event2 | $1,143 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $9,837 | RentFacilityCostsEvent2Amt |
| Other Direct Expenses Event2 | $381 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $20,490 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $16,916 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $3,574 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $2,723 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $5,435 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $280 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $438 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $57,923 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $41,214 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $16,709 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $3,866 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $15,272 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $7,982 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $1,709 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $28,829 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$12,120 | 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 | Student Scholarships & Financial Aid | GrantTypeTxt |
| Recipient | 1582 | RecipientCnt |
| Cash Grant | $17,056,684 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Scholarship recipients are selected based on established merit and need-based criteria. The Financial Aid Director and Academic Department Heads work together to select institutional scholarship recipients. Qualifications for scholarships vary. All scholarships are monitored by the Financial Aid Department and are applied directly to each student's account. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dan Boone | ||||||||||||||
| President | $134,617 | $0 | $0 | $0 | $0 | $0 | $38,917 | $0 | $106,592 | $0 | $280,126 | $0 | $0 | $0 |
| David Caldwell | ||||||||||||||
| EVP of Finance | $190,174 | $0 | $0 | $0 | $0 | $0 | $11,130 | $0 | $26,109 | $0 | $227,413 | $0 | $0 | $0 |
| Stephen Pusey | ||||||||||||||
| Provost | $110,520 | $0 | $0 | $0 | $0 | $0 | $36,401 | $0 | $54,743 | $0 | $201,664 | $0 | $0 | $0 |
| Rick Christman | ||||||||||||||
| ASC VP Grad & Continuing Studies | $193,648 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15,294 | $0 | $208,942 | $0 | $0 | $0 |
| Ryan Longnecker | ||||||||||||||
| Director Edd Online | $171,082 | $0 | $0 | $0 | $0 | $0 | $3,488 | $0 | $720 | $0 | $175,290 | $0 | $0 | $0 |
| James Agee | ||||||||||||||
| ASC Professor Business | $148,166 | $0 | $0 | $0 | $0 | $0 | $5,003 | $0 | $24,586 | $0 | $177,755 | $0 | $0 | $0 |
| Holly Whitby | ||||||||||||||
| ASC Provost Dean Enrollment | $147,556 | $0 | $0 | $0 | $0 | $0 | $7,875 | $0 | $8,877 | $0 | $164,308 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. Dr. Dan Boone, President, and Dr. Stephen Pusey, Provost, met the qualifications for and received ministerial housing allowances during the tax year. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Health & Ed Fac Bd of the Metr Gov't of Nashville & Davidson Co TN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 626139016 | BondIssuerEIN |
| CUSIP | 592029AE2 | CUSIPNum |
| Bond Issued | 2019-05-14 | BondIssuedDt |
| Issue Price | $24,837,030 | IssuePriceAmt |
| Purpose | Refinanced 7/30/2009 and 12/22/2010 bonds with fixed interest rate bond debt | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $24,855,121 | TotalProceedsAmt |
| Refunding Escrow | $158,511 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $428,890 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $2,500,000 | WorkingCapitalExpendituresAmt |
| Other Spent Proceeds | $21,749,629 | OtherSpentProceedsAmt |
| Substantial Completion | 2019 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II, Line 3, Column D | FormAndLineReferenceDesc |
| Explanation | The total proceeds of issue reported on Part II, Line 3 differs from Part I, column (e) due to the inclusion of interest income. | ExplanationTxt |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $72,067 | CashGrantAmt |
| Type Of Assistance | Financial aid/scholarships | TypeOfAssistanceTxt |
| Assistance Purpose | Financial assistance for tuition | AssistancePurposeTxt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Amy Tallman | |||
| Family member of Dr. Dan Boone, President | $15,115 | Wages & Benefits | 0 |
| Erik Gernard | |||
| Family member of Dr. Dan Boone, President | $26,484 | Wages & Benefits | 0 |
| Gail Pusey | |||
| Family member of Dr. Stephen Pusey, Provost | $57,486 | Wages & Benefits | 0 |
| Andrea Fowler | |||
| Family member of Dr. Stephen Pusey, Provost | $64,414 | Wages & Benefits | 0 |
| Bennett Caldwell | |||
| Family member of Mr. David Caldwell, EVP Business & Finance | $32,206 | Wages & Benefits | 0 |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $29,743 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $852,044 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $30 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $50 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Miscellaneous | 5 | $17,712 | Cost |
| Yes (X) | Farm supplies | 1 | $500 | Cost |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Column (b): | FormAndLineReferenceDesc |
| Explanation | The number of contributions represent the number of contributions received, not the number of items donated. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee shall be composed of the President of the University, the Chair of the Board, the Vice-Chair of the Board, and the Secretary of the Board - all of whom shall serve ex officio - and nine additional members. The Executive Committee shall act for the Trustees in all matters not otherwise provided for in the interim between meetings, and shall care for all other duties as may be assigned to them by the entire Board of Trustees and shall through its Secretary report all business transactions to the meetings of the Board of Trustees. |
| Form 990, Part VI, Section A, line 7a | The University is the official university for the Church of the Nazarene in the southeastern United States. The University is governed by a board of trustees elected by the various districts of the Church of the Nazarene in the Southeast Educational Region. Guided by the Church of the Nazarene's Articles of Faith and the Covenant of Christian Conduct, the University welcomes students of all religious affiliations who subscribe to its ideals and standards. |
| Form 990, Part VI, Section B, line 11b | The Form 990 is prepared by an independent CPA firm and reviewed in detail by the CFO. The reviewed Form 990 is then forwarded to the Audit Committee prior to filing. |
| Form 990, Part VI, Section B, line 12c | Board members and employees shall be required to file on an annual basis a Disclosure and Compliance Statement disclosing their personal interest, direct or indirect, in any University transaction during the previous year and affirming that (i) the Employee has read Trevecca Nazarene University's Conflict of Interest Policy, and (ii) the Employee will avoid participating in any University decision in which the Employee or any affiliate could be said to have any personal financial or other stake in the decision or where other outside influences could influence the Employee's independent judgment. Copies of all Disclosure and Compliance Statements are reviewed by the VP of Finance and kept as a matter of record in the Human Resources Department. If a conflict were to arise during the course of a board meeting, the individual with the potential conflict would abstain from voting. |
| Form 990, Part VI, Section B, line 15 | The President's compensation is reviewed by the Board's compensation committee in light of the annual compensation survey. The Audit Committee reviews the compensation of the other officers annually. They use compensation surveys to determine if pay is reasonable and in-line with similar organizations. This process is documented in the board/committee minutes upon approval. |
| Form 990, Part VI, Section C, line 19 | Trevecca Nazarene University makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Form 990, Part VII, column D | Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. |
| Form 990, Part X, Lines 27-29: | In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 6/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Net assets without donor restrictions Line 27 - Unrestricted net assets $56,106,795 Net assets with donor restrictions Line 28 - Temporarily restricted net assets $11,546,329 Line 29 - Permanently restricted net assets $19,098,290 Subtotal $30,644,619 Total net assets $86,751,414 |
| Form 990, Part XI, line 9: | Change in value of split-interest agreements 35,536. |
| Form 990, Part XII, Line 2c | The University's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 101 Factory Street LLC | |||||||||
| 333 Murfreesboro Road | Nashville | TN | 37210 | 620497990 | Property development | TN | $0 | $2,367,000 | Trevecca Nazarene University |
| 303 Murfreesboro Road LLC | |||||||||
| 333 Murfreesboro Road | Nashville | TN | 37210 | 620497990 | Property development | TN | $60,005 | $1,485,000 | Trevecca Nazarene University |
| 411 Woodycrest LLC | |||||||||
| 333 Murfreesboro Road | Nashville | TN | 37210 | 812607757 | Property development | TN | $85,500 | $1,170,000 | Trevecca Nazarene University |
| 195 Polk LLC | |||||||||
| 333 Murfreesboro Road | Nashville | TN | 37210 | 620497990 | Property development | TN | $178,969 | $5,978,135 | Trevecca Nazarene University |
| TFWG Investors LLC | |||||||||
| 333 Murfreesboro Road | Nashville | TN | 37210 | 474194119 | Property development | TN | $2,094,226 | $20,943,602 | Trevecca Nazarene University |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|
| Charitable Remainder Unitrust (1) | |||
| Charitable Remainder Unitrust | TN | Trevecca Nazarene University | 0 |
| Beneficial Interest in Trust (1) | |||
| Beneficial Interest in Trust | TN | Trevecca Nazarene University | 0 |
| 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 | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | 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 | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |