2019-05-14T10:56:50-05:00 2018-06-30 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 130 Lawrenceville GA 30043 990 2017-07-01 620497990 Trevecca Nazarene University TREV 6152481200 333 Murfreesboro Rd Nashville TN 37210 David B Caldwell Exec. V.P. for Fin. & Admin. 6152481200 2019-05-14 1 David C Moja P00747006 6785185301 139.146.132.42 2019-05-14 11:56:36 ED P BB9C941D9017312E4EAEE769FA72F4CB3C5790C3 548ACF343268F06152720E5FC70889BA4855F684 2017 2019-02-21 02:37:17Z Dr Dan Boone 333 Murfreesboro Rd Nashville TN 37210 73076016 0 X www.trevecca.edu X 1935 TN Trevecca Nazarene University is a private, co-educational, Christian liberal arts university. 43 42 1269 42 0 0 4198272 3305519 59963598 65949708 1122648 1971551 162722 -245709 65447240 70981069 14754513 16016736 0 0 26434127 28934511 0 0 901660 22690407 24276207 63879047 69227454 1568193 1753615 112187512 135813654 37333013 56084905 74854499 79728749 X 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. 0 0 34179751 16016736 57897739 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 two doctoral degrees. (continued on Schedule O)Instruction and Student Aid, continued: Total enrollment for the University continues to grow and increased 8.5% compared to the prior year from 3,620 to 3,927 total students. For the first time in its history total traditional undergraduate enrollment is over 1,400! 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 94%. 19949494 0 7701842 Student Services:CLCS (Center for Leadership, Calling, and Services) 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 in the CLCS 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. The SGCS awards 13 degrees, with 26 majors embedded in the 13 degrees. Fall 2019 plans include 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 Student Development SecurityTNU BookstoreLibrary 4811604 0 350127 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 Leadership, Calling and Service, the Center for Teaching and Learning, the Library, and the Center for Online Learning. 58940849 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 1 0 0 0 1 1 0 0 0 1 5256 0 1 1269 1 0 0 0 0 0 1 1 0 0 0 0 0 X 43 42 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X David Caldwell- Exec VP of Finance 6152481200 333 Murfreesboro Road Nashville TN 37210 X Dan Boone President 40.00 X X 105249 0 138280 Dwight Gunter Board Chairman 1.00 X X 0 0 0 Brian Wilson Board Vice Chair 1.00 X X 0 0 0 Sandy Aldridge Board Secretary 1.00 X X 0 0 0 Mark Berry Trustee 1.00 X 0 0 0 Daniel Bradshaw Trustee 1.00 X 0 0 0 Lamar Brantley Trustee 1.00 X 0 0 0 Joey Brummett Trustee 1.00 X 0 0 0 Larry Dennis Trustee 1.00 X 0 0 0 Ron DeWitt Trustee 1.00 X 0 0 0 John Reese Dunn Jr Trustee 1.00 X 0 0 0 Samuel Flores Trustee 1.00 X 0 0 0 David Graves Trustee 1.00 X 0 0 0 Marquita Hicks Trustee 1.00 X 0 0 0 Teresa Hodge Trustee 1.00 X 0 0 0 Robin Holmes Trustee 1.00 X 0 0 0 Jimmy Horton Trustee 1.00 X 0 0 0 Larry Leonard Trustee 1.00 X 0 0 0 Shannon Litton Trustee 1.00 X 0 0 0 Scott Lowry Trustee 1.00 X 0 0 0 Greg Mason Trustee 1.00 X 0 0 0 Mike McAdory Trustee 1.00 X 0 0 0 Ronald McCormack Trustee 1.00 X 0 0 0 Bill McDaniel Trustee 1.00 X 0 0 0 Herb Modesitt Trustee 1.00 X 0 0 0 Samuel Mokeba Trustee 1.00 X 0 0 0 Dennis Moore Trustee 1.00 X 0 0 0 Wendel Nixon Trustee 1.00 X 0 0 0 John Paul Trustee 1.00 X 0 0 0 Kyle Poole Trustee 1.00 X 0 0 0 Jerry Porter Trustee 1.00 X 0 0 0 Brian Powell Trustee 1.00 X 0 0 0 Jeannie Pressley Trustee 1.00 X 0 0 0 Jim Pulliam Trustee 1.00 X 0 0 0 Tim Pullin Trustee 1.00 X 0 0 0 Scott Ragan Trustee 1.00 X 0 0 0 Roy Rogers Trustee 1.00 X 0 0 0 Andy Rutherform Trustee 1.00 X 0 0 0 Don Smith Trustee 1.00 X 0 0 0 Teresa Sparks Trustee 1.00 X 0 0 0 Greg Story Trustee 1.00 X 0 0 0 Morris Stocks Trustee 1.00 X 0 0 0 Marc Vann Trustee 1.00 X 0 0 0 Julette Carter Part Year Trustee 1.00 X 0 0 0 Eddie Estep Part Year Trustee 1.00 X 0 0 0 David Caldwell EVP of Finance 40.00 X 169341 0 35787 Stephen Pusey Provost 40.00 X 92309 0 91627 Holly Whitby ASC Provost & Dean of Enrollment 40.00 X 140837 0 12746 Rick Christman ASC VP Grad & Continuing Studies 40.00 X 134992 0 13360 James Agee ASC Professor Business 40.00 X 123998 0 28662 Bret Reeves Director Grad PA 40.00 X 122136 0 6976 Mark Hosny Director NPW 40.00 X 120921 0 24708 1009783 0 352146 10 0 1 0 Case Restoration 1115 Polk Avenue Nashville TN 37210 Specialty cleaning/recovery 2374418 Pioneer College Caterers Inc 303 Glenrose Avenue Nashville TN 37210 Student food services 2118135 Tree of Life Bookstores Inc 4601 S Western Avenue Marion IN 46953 Bookstore services 2046536 American Constructors PO Box 120129 Nashville TN 37212 Construction services 1468373 Google Inc PO Box 39000 San Francisco CA 94139 Marketing services 837817 32 29024 189788 3086707 115830 3305519 Tuition and fees 611710 57897739 57897739 Auxiliary enterprises 611710 7701842 7701842 Other program revenue 611710 350127 350127 65949708 872811 872811 1049871 1272207 -222336 -222336 -222336 1884911 400 312735 473836 1572176 -473436 1098740 1098740 12796 29024 36169 -23373 -23373 70981069 65949708 0 1725842 16016736 16016736 626937 626937 149069 149069 23541133 19245285 3771534 524314 925724 755708 138590 31426 2092698 1796812 243097 52789 1598950 1293491 260936 44523 45086 45086 80831 80831 81738 81738 733683 328633 392625 12425 2116693 1735492 375979 5222 1214663 696743 418928 98992 1372333 183131 1183205 5997 4502347 4322254 135070 45023 574375 457667 97338 19370 117615 103523 12421 1671 394354 378579 11831 3944 3483482 3344143 104504 34835 7698 7698 Food service 1946017 1946017 Tuition remission 1056465 845172 190164 21129 Instructional materials 406036 406036 Equipment purchases 164219 99106 65113 5978572 4978623 999949 69227454 58940849 9384945 901660 2761028 2334307 1000000 3261132 3542046 312411 258748 127370387 29567511 76195324 97802876 26217925 27257626 33521 36226 2516737 2661639 889434 920186 112187512 135813654 3050008 4125435 1895103 2320590 16710000 15680000 764903 787768 10401362 28168102 4511637 5003010 37333013 56084905 X 48582037 51746303 10581036 11656656 15691426 16325790 74854499 79728749 112187512 135813654 X 1753615 2847772 -318827 591690 X X 0 1 X 1 1 1 X 4622316 4106026 5890784 4198272 3305519 22122917 4622316 4106026 5890784 4198272 3305519 22122917 1231541 20891376 892594 836239 812972 1204870 1922682 5669357 9860 12203 12460 13787 12796 61106 27853380 271198619 0.75000 0.77310 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising events - 2013 Amount: $ 9,860. 2014 Amount: $ 12,203. 2015 Amount: $ 12,460. 2016 Amount: $ 13,787. 2017 Amount: $ 12,796. 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. 0 1 X 27333812 672273 2522587 1040431 29488241 24364233 380596 3620017 1031034 27333812 25376367 451653 -435834 1027953 24364233 26350249 359004 959153 886217 1405822 25376367 22066833 1124681 4116450 957715 26350249 0.09220 0.55360 0.35420 0 0 13802049 13802049 10269988 90987048 24805140 76451896 9364219 3756731 5607488 2947083 1005640 1941443 97802876 Deposits held in custody 343932 Refundable loan programs 1714919 Derivative contract 571492 Annuity liability 652388 Life use obligation 346827 Capital lease obligation 1373452 5003010 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 Nondiscrimination policies are included in all materials available to the public, including on the University's website. Schedule E, Part I, Line 6 The university receives governmental support to aid students needing educational assistance. Business Professionals Event 15025 9994 5031 7435 1007 Trojan Booster Golf Scramble 13430 11715 1715 1691 300 241 1 13365 7315 6050 3956 18600 245 2694 41820 29024 12796 3956 20291 7980 3942 36169 -23373 1 Student Scholarships & Financial Aid 1569 16016736 Part I, Line 2: 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. X 1 1 X X X 0 0 0 0 0 0 0 0 0 Dan Boone President 100411 0 0 0 4838 0 38216 0 100869 0 244334 0 0 0 David Caldwell EVP of Finance 168789 0 0 0 552 0 10833 0 25760 0 205934 0 0 0 Stephen Pusey Provost 90725 0 0 0 1584 0 35584 0 56848 0 184741 0 0 0 Holly Whitby ASC Provost & Dean of Enrollment 140597 0 0 0 240 0 6524 0 7027 0 154388 0 0 0 James Agee ASC Professor Business 123897 0 0 0 101 0 4708 0 24426 0 153132 0 0 0 Part I, Line 1a A Section 107 minister's housing allowance was provided to the President, Dr. Dan Boone, and to the Provost, Dr. Stephen Pusey. This benefit was treated as nontaxable compensation. A Facilities Board of the Metropolitan Government of Nashville Tennessee 620613016 2009-07-30 12590000 Consolidate two outstanding bond issues; add'l funding for building remodel 0 0 0 B Facilities Board of the Metropolitan Government of Nashville Tennessee 620613016 2010-12-22 10000000 Renovation project 0 0 0 A 4390000 12590000 12590000 2010 1 0 1 1 B 2520000 10000000 837093 36842 9126065 2012 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 1 Suntrust Bank 20.000000000000 1 0 0 0 1 B 0 0 1 0 1 1 Suntrust Bank 20.000000000000 1 0 0 0 1 A 1 B 1 30509 Financial aid/scholarships Financial assistance for tuition 0 Amy Tallman Family member of Dr. Dan Boone, President 12000 W-2 wages 0 Gail Pusey Family member of Dr. Stephen Pusey, Provost 53023 W-2 wages and benefits 0 Andrea Fowler Family member of Dr. Stephen Pusey, Provost 50658 W-2 wages and benefits 0 Bennett Caldwell Family member of Mr. David Caldwell, EVP Business & Finance 23787 W-2 wages and benefits 0 X 2050 FMV X 3 32750 FMV X 4 78446 FMV X Farm supplies 2 2554 FMV X Miscellaneous 2 30 FMV 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. 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 V.P. of Finance and Administration. 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 XI, line 9: Change in value of derivative contract 560,937. Change in value of split-interest agreements 30,753. 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. 101 Factory Street LLC 333 Murfreesboro Road Nashville TN 37210 620497990 Property development TN 0 1710000 Trevecca Nazarene University 303 Murfreesboro Road LLC 333 Murfreesboro Road Nashville TN 37210 620497990 Property development TN 101816 0 Trevecca Nazarene University 411 Woodycrest LLC 333 Murfreesboro Road Nashville TN 37210 812607757 Property development TN 79000 729000 Trevecca Nazarene University 195 Polk LLC 333 Murfreesboro Road Nashville TN 37210 620497990 Property development TN 152250 5215635 Trevecca Nazarene University TFWG Investors LLC 333 Murfreesboro Road Nashville TN 37210 474194119 Property development TN 558347 21998750 Trevecca Nazarene University 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0