LIPSCOMB UNIVERSITY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- LIPSCOMB UNIVERSITY (EIN 62-0485733)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-01-10
- IRS object ID
- 201120129349300617
- Schema version
- 2009v1.4
- 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 M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-01-10T12:28:20-06:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lattimore Black Morgan & Cain PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1869 | AddressLine1 |
| City | Brentwood | City |
| State | TN | State |
| ZIP Code | 370241869 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 620485733 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIPSCOMB UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LIPS | NameControl |
| Phone | 6159661000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE UNIVERSITY PARK DRIVE | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 372043951 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Danny H Taylor | Name |
| Title | Senior VP For Finance & Admin | Title |
| Phone | 6159661000 | Phone |
| Date Signed | 2011-01-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIE BARTLETT | Name |
| Phone | 6153774600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lipscomb University | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DANNY H TAYLOR | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE UNIVERSITY PARK DR | AddressLine1 |
| City | NASHVILLE | City |
| State | TN | State |
| ZIP Code | 37204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 172817657 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.lipscomb.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1891 | YearFormation |
| State Legal Domicile | TN | StateLegalDomicile |
| Activity Or Mission Description | Lipscomb University delivers a complete education characterized by integration of Christian faith and practice with academic excellence. This complete education, which includes liberal arts studies and professional preparation, does not suggest a finished education. Rather, it reflects Lipscomb's commitment to the comprehensive development of each student - spiritually, intellectually, socially, and physically - as Lipscomb prepares its graduates for a life of learning, leading, and serving. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 31 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2230 | TotalNbrEmployees |
| Total Nbr Volunteers | 400 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 10845406 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6898649 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 63981942 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 88979183 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -2922456 | InvestmentIncomePriorYear |
| Investment Income Current Year | -2122717 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 408299 | OtherRevenuePriorYear |
| Other Revenue Current Year | 544347 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 72313191 | TotalRevenuePriorYear |
| Total Revenue Current Year | 94299462 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 15411653 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 40130066 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 44127704 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 139757 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2339958 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 43690093 | OtherExpensePriorYear |
| Other Expenses Current Year | 39167671 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 83820159 | TotalExpensesPriorYear |
| Total Expenses Current Year | 98846785 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -11506968 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -4547323 | RevenuesLessExpensesCY |
| Total Assets BOY | 193552526 | TotalAssetsBOY |
| Total Assets EOY | 194512319 | TotalAssetsEOY |
| Total Liabilities BOY | 110306548 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 107910570 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 83245978 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 86601749 | NetAssetsOrFundBalancesEOY |
| Mission Description | Lipscomb University delivers a complete education characterized by integration of Christian faith and practice with academic excellence. This complete education, which includes liberal arts studies and professional preparation, does not suggest a finished education. Rather, it reflects Lipscomb's commitment to the comprehensive development of each student - spiritually, intellectually, socially, and physically - as Lipscomb prepares its graduates for a life of learning, leading, and serving. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 46239752 | Expense |
| Grants | 15340921 | Grants |
| Revenue | 76213480 | Revenue |
| Description | INSTRUCTIONAL EXPENSES:Classroom and online and Global instruction in a collaborative Christian liberal arts learning environment from pre-kindergarten through the doctoral level. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 13180732 | Expense |
| Description | Student Services:Engaging student life in a dynamic and diverse community that gives students the opportunity to be real with themselves and each other while providing opportunities for spiritual faith development through service and learning. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9933400 | Expense |
| Revenue | 12765703 | Revenue |
| Description | Auxiliary Enterprises:Provides students with the engaging on-campus Lipscomb experience. Students who live on campus typically experience a strong sense of positive community. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | DescriptionDescription | GrantsGrants |
|---|---|---|
| 8525900 | Academic Support:Includes academic counseling & testing services, academic program development, University Deans, instructional technology, library services, and other areas designed to enhance a student's learning experience and the overall quality of a student's education. | |
| 1396520 | Public Services:Includes Community Outreach activities, Spiritual Formation Activities, and Sustainability where Lipscomb can positively impact communities and the environment. | |
| 12392 | Research:Includes potential discoveries of new outcomes with a goal of advancing progress both institutionally and globally. | 11072 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 9934812 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 11072 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 79288696 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 26 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 2230 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 31 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | TN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANNY H TAYLOR SVPFINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6159661000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE UNIVERSITY PARK DRIVE | AddressLine1 |
| City | Nashville | City |
| State | TN | State |
| ZIP Code | 37204 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (51 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Randy Lowry | |||||||
| President | 40.00 | X | X | 237728 | 0 | 134888 | |
| Phillip Ellenburg | |||||||
| general counsel | 40.00 | X | X | 98165 | 0 | 14700 | |
| Hilton Dean | |||||||
| chair | 1.00 | X | 0 | 0 | 0 | ||
| JD Elliott | |||||||
| vice chair | 1.00 | X | 0 | 0 | 0 | ||
| Neika B Stephens | |||||||
| secretary | 1.00 | X | 0 | 0 | 0 | ||
| James C Allen | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Gary T Baker | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| J Addison Barry | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Robert A Brackett | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Alfred N Carman Jr | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Lewis M Carter Jr | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| D Gerald Coggin Sr | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Jerry Cover | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Bryan A Crisman | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Robbie B Davis | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Stanley M Ezell | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Pete T Gunn III | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| J Gregory Hardeman | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Linda Heflin Johnston | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Marty R Kittrell | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Sandra W Perry | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| JW Pitts Jr | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| David W Ralston | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| David Scobey | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Harriette H Shivers | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Cicely Simpson | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| David L Solomon | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| H Carlton Stinson | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Tim S Thomas | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| William Thomas | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Robert E Wood | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| Mark H Yokley | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| ken shumard | |||||||
| board member | 1.00 | X | 0 | 0 | 0 | ||
| nancy magnusson durham | |||||||
| senior vice president | 40.00 | X | 0 | 0 | 0 | ||
| Craig Bledsoe | |||||||
| Provost | 40.00 | X | 150444 | 0 | 10586 | ||
| Walt Leaver | |||||||
| VP of university relatio | 40.00 | X | 89431 | 0 | 10371 | ||
| Danny Taylor | |||||||
| SR VP for Finance & admi | 40.00 | X | 147947 | 0 | 15189 | ||
| PHILIP HUTCHESON | |||||||
| athletic director | 40.00 | X | 133862 | 0 | 8889 | ||
| Joseph Ivey | |||||||
| SR VP - Advancement | 40.00 | X | 137929 | 0 | 21517 | ||
| Scott McDowell | |||||||
| vice president student D | 40.00 | X | 87824 | 0 | 14072 | ||
| Bennie Harris | |||||||
| vice President Developme | 40.00 | X | 139823 | 0 | 12118 | ||
| Mike Hammond | |||||||
| headmaster of campus sch | 40.00 | X | 105515 | 0 | 7485 | ||
| deby samuels | |||||||
| VP communications & mark | 40.00 | X | 35314 | 0 | 772 | ||
| susan galbreath | |||||||
| professor | 40.00 | X | 103732 | 0 | 13029 | ||
| jim thomas | |||||||
| executive assitant to th | 40.00 | X | 94543 | 0 | 6596 | ||
| john york | |||||||
| profesSOR | 40.00 | X | 46959 | 0 | 45014 | ||
| SCOTT H SANDERSON | |||||||
| Head Basketball Coach | 40.00 | 237192 | 0 | 19690 | X | ||
| Roger L Davis | |||||||
| Dean of College of Pharm | 40.00 | 213294 | 0 | 17702 | X | ||
| Thomas M Campbell | |||||||
| Associate Dean of Pharma | 40.00 | 172148 | 0 | 18021 | X | ||
| CHARLES TURNEY STEVENS | |||||||
| DEAN OF COLLEGE OF BUSIN | 40.00 | 147957 | 0 | 13798 | X | ||
| wendell akers | |||||||
| professor | 40.00 | 138350 | 0 | 60 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2518157 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 384497 | TotalOtherCompensation |
| Number Individuals GT100 K | 13 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Sodexo Inc and Affiliates | |||||
| One University Park Dr | nashville | TN | 37204 | Food Services | 3271056 |
| RCR BUILDING CORPORATION | |||||
| 632 MELROSE AVENUE | Nashville | TN | 37211 | Construction Services | 1631481 |
| Bacon Construction | |||||
| 1880 GENERAL GEORGE PATTON DR SUIT | FRANKLIN | TN | 37067 | Construction Services | 860015 |
| tour resources consultants | |||||
| 12440 W 62nd Terrace suite A | shawnees mission | KS | 66216 | travel consultant | 266620 |
| tuck hinton architects plc | |||||
| 410 elm street | nashville | TN | 37203 | ARCHITECTURAL Services | 265115 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 13 | NumberOfContractorsGT100K |
| Fundraising Events | 359614 | FundraisingEvents |
| Government Grants | 500732 | GovernmentGrants |
| All Other Contributions | 6038303 | AllOtherContributions |
| Noncash Contributions | 264454 | NoncashContributions |
| Total Contributions | 6898649 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition | 611710 | 73960890 | 73960890 |
| Auxiliary Revenue | 611710 | 12765703 | 12765703 |
| Miscellaneous Income | 611710 | 2103186 | 2103186 |
| Increase - Life Insura | 524298 | 149404 | 149404 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 88979183 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 652766 | TotalRevenueColumn |
| Exclusion | $652,766 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 858519 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 428503 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 430016 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 430016 | TotalRevenueColumn |
| Exclusion | $430,016 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 75301920 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 77871907 | Securities |
| Other | 205496 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -2569987 | Securities |
| Other | -205496 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -2775483 | TotalRevenueColumn |
| Exclusion | -$2,775,483 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 126620 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 359614 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 12289 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 114331 | TotalRevenueColumn |
| Exclusion | $114,331 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 94299462 | TotalRevenueColumn |
| Related Or Exempt Function Income | 88979183 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$1,578,370 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 83070 | Total |
| Program Services | 83070 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15328583 | Total |
| Program Services | 15328583 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1540465 | Total |
| Management And General | 1540465 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35520097 | Total |
| Program Services | 31061865 | ProgramServices |
| Management And General | 3156742 | ManagementAndGeneral |
| Fundraising | 1301490 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1265267 | Total |
| Program Services | 1147791 | ProgramServices |
| Management And General | 65981 | ManagementAndGeneral |
| Fundraising | 51495 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3353534 | Total |
| Program Services | 2801522 | ProgramServices |
| Management And General | 429234 | ManagementAndGeneral |
| Fundraising | 122778 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2448341 | Total |
| Program Services | 2082477 | ProgramServices |
| Management And General | 281950 | ManagementAndGeneral |
| Fundraising | 83914 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 87099 | Total |
| Management And General | 84851 | ManagementAndGeneral |
| Fundraising | 2248 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82732 | Total |
| Management And General | 82732 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 139757 | Total |
| Fundraising | 139757 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 216966 | Total |
| Management And General | 216966 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 582053 | Total |
| Program Services | 364962 | ProgramServices |
| Management And General | 203638 | ManagementAndGeneral |
| Fundraising | 13453 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5365162 | Total |
| Program Services | 3426612 | ProgramServices |
| Management And General | 1728220 | ManagementAndGeneral |
| Fundraising | 210330 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12648 | Total |
| Fundraising | 12648 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80918 | Total |
| Program Services | 80918 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4251931 | Total |
| Program Services | 3737455 | ProgramServices |
| Management And General | 404843 | ManagementAndGeneral |
| Fundraising | 109633 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 323173 | Total |
| Program Services | 238959 | ProgramServices |
| Management And General | 75622 | ManagementAndGeneral |
| Fundraising | 8592 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4208824 | Total |
| Management And General | 4208824 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5508083 | Total |
| Program Services | 4323936 | ProgramServices |
| Management And General | 1184147 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3641587 | Total |
| Program Services | 2882254 | ProgramServices |
| Management And General | 652170 | ManagementAndGeneral |
| Fundraising | 107163 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Contract services | 3288815 | 2731830 | 544530 | 12455 |
| General expenses | 2929779 | 2560420 | 369359 | |
| Utilities | 2727800 | 2725239 | 2561 | |
| PPE Additions | 1241629 | 746995 | 481596 | 13038 |
| Special Events | 931384 | 469712 | 407381 | 54291 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3687088 | Total |
| Program Services | 2494096 | ProgramServices |
| Management And General | 1096319 | ManagementAndGeneral |
| Fundraising | 96673 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98846785 | Total |
| Program Services | 79288696 | ProgramServices |
| Management And General | 17218131 | ManagementAndGeneral |
| Fundraising | 2339958 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1367581 | BOY |
| EOY | 2945213 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4642515 | BOY |
| EOY | 3532331 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1450867 | BOY |
| EOY | 1483572 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 196891971 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 74209410 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125404852 | BOY |
| EOY | 122682561 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16162603 | BOY |
| EOY | 2402063 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42560209 | BOY |
| EOY | 59737193 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1963899 | BOY |
| EOY | 1729386 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 193552526 | BOY |
| EOY | 194512319 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22466676 | BOY |
| EOY | 22770110 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1019253 | BOY |
| EOY | 2417302 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72160000 | BOY |
| EOY | 70150000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2517459 | BOY |
| EOY | 2106033 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3700000 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8443160 | BOY |
| EOY | 10467125 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 110306548 | BOY |
| EOY | 107910570 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30370 | BOY |
| EOY | 6028341 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50814746 | BOY |
| EOY | 46286679 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32400862 | BOY |
| EOY | 34286729 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 83245978 | BOY |
| EOY | 86601749 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 193552526 | BOY |
| EOY | 194512319 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 51874685 | BeginningOfYearBalance |
| Contributions | 2209722 | Contributions |
| Investment Earnings Or Losses | 2304501 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4243501 | GrantsOrScholarships |
| Administrative Expenses | 169445 | AdministrativeExpenses |
| End Of Year Balance | 51975962 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 78746075 | BeginningOfYearBalance |
| Contributions | 2406005 | Contributions |
| Investment Earnings Or Losses | -22177746 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6922131 | GrantsOrScholarships |
| Administrative Expenses | 177518 | AdministrativeExpenses |
| End Of Year Balance | 51874685 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.16220 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.65810 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.17970 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 10872054 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 156439917 | OtherCostOrOtherBasis |
| Depreciation | 63129945 | Depreciation |
| Book Value | 104182026 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27458237 | OtherCostOrOtherBasis |
| Depreciation | 11079465 | Depreciation |
| Book Value | 16378772 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2121763 | OtherCostOrOtherBasis |
| Book Value | 2121763 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 122682561 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Investments - Short Term/Mutual Funds | 55045741 | F |
| Investments - Limited Partnership Interests | 4567475 | F |
| Investments - Commodities | 123977 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 59737193 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Other liabilities | $7,557,125 |
| Current portion of tax exempt bonds payable | $2,910,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 10467125 | TotalOfAmounts |
| Total Revenue | 94299462 | TotalRevenue |
| Total Expenses | 98846785 | TotalExpenses |
| Excess Or Deficit For Year | -4547323 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 7903098 | NetUnrealizedGLOnInvestments |
| Other | -$4 | OtherAmount |
| Total Adjustments | 7903094 | TotalAdjustments |
| Excess Or Deficit Per FS | 3355771 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 87241948 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7903098 | NetUnrealizedGainsInvestments |
| Other Revenues | 646289 | OtherRevenues |
| Revenue Not Rptd F990 | 8549387 | RevenueNotRptdF990 |
| Revenue Subtotal | 78692561 | RevenueSubtotal |
| Investment Expenses Not Included | 216966 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 15389935 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 15606901 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 94299462 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 83886177 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 646291 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 646291 | ExpensesNotRptdF990 |
| Expenses Subtotal | 83239886 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 216966 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 15389933 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 15606899 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 98846785 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | The endowment funds are used to provide funds for professorships, chairs and scholarships for students and general support for operations. |
| Part XI, Line 8 - Other Adjustments: | rounding : -4. | |
| Part XII, Line 2d - Other Adjustments: | Rental Expenses: 428503. Expense include in Expense on F/S and reclassed to Income for tax return: 12290. loss on sale of asset included in expense on f/s reclassed to income for t/r: 205496. | |
| Part XII, Line 4b - Other Adjustments: | Expense include in Income on F/S and reclassed to Expense for tax return: 61350. financial aid netted with revenue on the F/S: 15328583. rounding: 2. | |
| Part XIII, Line 2d - Other Adjustments: | Rental Expenses: 428503. Expense include in Expense on F/S and reclassed to Income for tax return: 12290. loss on sale of asset included in epense on f/s reclassed to income for t/r: 205496. rounding: 2. | |
| Part XIII, Line 4b - Other Adjustments: | Expense include in Income on F/S and reclassed to Expense for tax return: 61350. financial aid netted with revenue on the F/S: 15328583. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | Lipscomb University publishes its nondiscriminatory policy in brochures, student handbooks, catalogs, and on the website. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Govt Financial Aid Explanation | GOVERNMENT GRANTS TOTALED $500,732 FOR PERIOD ENDING MAY 31, 2010. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RUFFALO CODY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PHONE SOLICITATION | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 177967 | GrossReceipts |
| Amount Retained By Contractor | 139757 | AmountRetainedByContractor |
| Net To Organization | 38210 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 177967 | TotalGrossReceipts |
| Total Retained By Contractors | 139757 | TotalRetainedByContractors |
| Total Net To Organization | 38210 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | AK | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | AK | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | IN | LicensedStates |
| Licensed States | IA | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | OR | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | SD | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | VT | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CS ART EVENT | NameOfEvent1 |
| Gross Receipts Event1 | 144215 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 55450 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 88765 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 12289 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Don Meyer Event | NameOfEvent2 |
| Gross Receipts Event2 | 227304 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 197729 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 29575 | GrossRevenueEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 114715 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 106435 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 8280 | GrossRevenueOtherEvents |
| Gross Receipts Total | 486234 | GrossReceiptsTotal |
| Charitable Contributions Total | 359614 | CharitableContributionsTotal |
| Gross Revenue Total Events | 126620 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 12289 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 12289 | DirectExpenseSummaryEvents |
| Net Income Summary | 114331 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Madagascar Health Education fund | |||||||
| 605 bradley court | franklin | TN | 37067 | 262385286 | 50000 | fmv | for assistance in securing students for the university |
| best buddies | |||||||
| 121 seaboard lane | frnaklin | TN | 37067 | 10372 | fmv | donation from money collected for best buddies | |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | scholarships | TypeOfGrant |
| Number Of Recipients | 3039 | NumberOfRecipients |
| Amount Of Cash Grant | 15328583 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Randy Lowry | |||||||||||||
| 215294 | 0 | 0 | 0 | 22434 | 0 | 17150 | 0 | 117738 | 0 | 372616 | 0 | 0 | 0 |
| Craig Bledsoe | |||||||||||||
| 130214 | 0 | 0 | 0 | 20230 | 0 | 10161 | 0 | 425 | 0 | 161030 | 0 | 0 | 0 |
| Danny Taylor | |||||||||||||
| 128772 | 0 | 0 | 0 | 19175 | 0 | 10042 | 0 | 5147 | 0 | 163136 | 0 | 0 | 0 |
| Joseph Ivey | |||||||||||||
| 122584 | 0 | 0 | 0 | 15345 | 0 | 9963 | 0 | 11554 | 0 | 159446 | 0 | 0 | 0 |
| Bennie Harris | |||||||||||||
| 125763 | 0 | 0 | 0 | 14060 | 0 | 9291 | 0 | 2827 | 0 | 151941 | 0 | 0 | 0 |
| SCOTT H SANDERSON | |||||||||||||
| 217725 | 0 | 0 | 0 | 19467 | 0 | 12984 | 0 | 6706 | 0 | 256882 | 0 | 0 | 0 |
| Roger L Davis | |||||||||||||
| 192445 | 0 | 0 | 0 | 20849 | 0 | 13706 | 0 | 3996 | 0 | 230996 | 0 | 0 | 0 |
| Thomas M Campbell | |||||||||||||
| 154555 | 0 | 0 | 0 | 17593 | 0 | 12433 | 0 | 5588 | 0 | 190169 | 0 | 0 | 0 |
| CHARLES TURNEY STEVENS | |||||||||||||
| 137518 | 0 | 0 | 0 | 10439 | 0 | 5294 | 0 | 8504 | 0 | 161755 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The health & educational facilities board of the metro gov of nashville | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 580466330 | IssuerEIN |
| CUSIP Number | 592041sh1 | CUSIPNumber |
| Date Issued | 2009-08-12 | DateIssued |
| Issue Price | 74560000 | IssuePrice |
| Description Of Purpose | refund series 2003, 2003B, 2006 and 2008 bonds | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 74560000 | TotalProceeds |
| Issuance Costs From Proceeds | 900000 | IssuanceCostsFromProceeds |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Suntrust Robinson | BusinessNameLine1 |
| Business Name Line2 | Humphrey | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 20.000000000000 | TermOfHedge |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 264454 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV AT DATE OF SALE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | Board delegates this responsibility to the Audit Committee of the Board. |
| Form 990, Part VI, Section B, line 12c | Related Party Confirmations are reviewed and followed up by the Senior Vice President for Finance and Administration, as well as the University's independent accounting firm, LBMC, on an annual basis. |
| Form 990, Part VI, Section B, line 15 | The board sets the President's salary annually based on his contract. His initial compensation was established based on a review of market data and the negotiation process. This same process occurs with other officers and key employees with the President conducting an annual evaluation. Salary pool increases are also a compenent of annual compensation based on approved budget funding. |
| Form 990, Part VI, Section C, line 18 | The University makes its Form 990 available to the public upon request. |
| Form 990, Part VI, Section C, line 19 | The University makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Part XI, Financial Statements & Reporting | Process has not changed from prior year. |