Civic Intelligence

New College Franklin Inc

EIN 26-3586792 • 501(c)3 • Franklin, TN

Profile

Under the lordship of christ, new college franklin disciples students through the liberal arts for wisdom and missional living.

PO Box 1575Franklin, TN 37065

www.newcollegefranklin.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.06x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

50th percentile

0.02x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

46th percentile

2.6%

Higher net margin than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

58th percentile

6.9%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

52nd percentile

7.9%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$149,226

Up $9,580 (+6.9%) from 2021

Liabilities

Down

$8,210

Down $3,804 (-32%) from 2021

Net Assets

Up

$141,016

Up $13,384 (+10%) from 2021

Operations
Liabilities / Revenue50th percentileNet Margin46th percentile

Revenue

Up

$515,895

Up $37,980 (+7.9%) from 2021

Expenses

Up

$502,511

Up $56,564 (+13%) from 2021

Net Income

Down

$13,384

Down $18,584 (-58%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth58th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2012: $48,122Liabilities 2012: $13,391Net Assets 2012: $34,7312012Assets 2014: $81,202Liabilities 2014: $6,765Net Assets 2014: $74,4372014Assets 2015: $75,370Liabilities 2015: $27,002Net Assets 2015: $48,3682015Assets 2016: $66,135Liabilities 2016: $14,268Net Assets 2016: $51,8672016Assets 2017: $67,115Liabilities 2017: $6,007Net Assets 2017: $61,1082017Assets 2018: $104,477Liabilities 2018: $17,145Net Assets 2018: $87,3322018Assets 2020: $110,155Liabilities 2020: $14,491Net Assets 2020: $95,6642020Assets 2021: $139,646Liabilities 2021: $12,014Net Assets 2021: $127,6322021Assets 2022: $149,226Liabilities 2022: $8,210Net Assets 2022: $141,0162022

Highlighted filing

2022

Assets$149,226
Liabilities$8,210
Net Assets$141,016
Open 2022 Filing

Operations Trend

Revenue Growth52nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2012: $265,2472012Revenue 2014: $253,600Expenses 2014: $235,148Net Income 2014: $18,4522014Revenue 2015: $228,408Expenses 2015: $254,578Net Income 2015: -$26,1702015Revenue 2016: $262,530Expenses 2016: $259,031Net Income 2016: $3,4992016Revenue 2017: $252,578Expenses 2017: $243,337Net Income 2017: $9,2412017Revenue 2018: $275,019Expenses 2018: $236,322Net Income 2018: $38,6972018Revenue 2020: $383,182Expenses 2020: $380,210Net Income 2020: $2,9722020Revenue 2021: $477,915Expenses 2021: $445,947Net Income 2021: $31,9682021Revenue 2022: $515,895Expenses 2022: $502,511Net Income 2022: $13,3842022

Highlighted filing

2022

Revenue$515,895
Expenses$502,511
Net Income$13,384
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$149,226
Liabilities
$8,210
Net assets
$141,016
Revenue
$515,895
Expenses
$502,511
Net income
$13,384
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.08$1.41$5.16$5.03$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.12$1.28$4.78$4.46$0.32
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.14$0.96$3.83$3.80$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.17$0.87$2.75$2.36$0.39
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.06$0.61$2.53$2.43$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.14$0.52$2.63$2.59$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.27$0.48$2.28$2.55$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.07$0.74$2.54$2.35$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.13$0.35$2.65
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 23, 2022
Return Version
2020v4.2
Gross Receipts
$477,915
Mission and Program Overview

Mission

Under the lordship of christ, new college franklin disciples students through the liberal arts for wisdom and missional living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$39,560$89,591▲ $50,031
Cash and Non-Interest-Bearing Accounts$40,010$25,537▼ $14,473
Land, Buildings, and Equipment, Net$7,734$6,163▼ $1,571
Accounts Receivable$9,531$5,035▼ $4,496
Prepaid Expenses and Deferred Charges$1,000$1,000→ $0
Total Assets$110,155$139,646▲ $29,491
Other Assets Total$12,320$12,320→ $0
Liabilities
Accounts Payable and Accrued Expenses$6,991$8,873▲ $1,882
Deferred Revenue$7,500$3,141▼ $4,359
Total Liabilities$14,491$12,014▼ $2,477
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$47,977$76,261▲ $28,284
Net Assets With Donor Restrictions$47,687$51,371▲ $3,684
Total Net Assets Fund Balance$95,664$127,632▲ $31,968
Total Liabilities and Net Assets / Fund Balance$110,155$139,646▲ $29,491

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,163$3,609$9,772
Other Assets Org$12,320--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Gregory WilburDeanPT$14,557$14,557

Board Members and Trustees

NameTitle
Andy PattonChairman
Brian DriskellTrustee
Kimbell KornuTrustee
Stephen CramptonTrustee
Dave RaymondSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$154,323
Program Service Revenue
$323,561
Investment Income
$31
Other Revenue
$0
All Other Contributions
$154,323
Change in Net Assets
$31,968

Audited Revenue Reconciliation

Revenue per Audited Statements
$477,915
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,000
Total Revenue per Audited Statements
$501,915
Total Revenue per Form 990
$477,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$255,866
Other Expenses$100,099
Grants and Similar Amounts Paid$89,982
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,325$75,554-$219,879
Grants to Domestic Individuals$89,982--$89,982
Payroll Taxes$12,926$7,905-$20,831
Current Officers, Directors, Trustees, and Key Employees$1,516$13,640-$15,156
Travel$1,193$10,734-$11,927
Fees for Services Accounting-$9,728-$9,728
Advertising-$6,500-$6,500
Office Expenses$2,777$3,663-$6,440
Other Expenses$5,425$5,725-$5,425
Insurance-$2,916-$2,916
All Other Expenses$1,005$1,425-$2,430
Depreciation Depletion$1,335$236-$1,571
Fees for Services Other$750$250-$1,000
Conferences and Meetings$632--$632
Total Functional Expenses$280,868$165,079$0$445,947

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$469,947
Expenses per Audited Statements$445,947
Total Expenses per Form 990$445,947
Expenses Not Reported on Form 990$24,000
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the dean and financial personnel and a copy is provided to the governing board members before filing.”

Form 990, Part VI, Section B, Line 12C

“The secretary of the board shall maintain completed 'conflict of interest forms, and review all potential agreements/contracts to identify potential conflicts of interest. In the event that a potential conflict of interest is discovered, all members of the board shall be notified, and if it meets the manner of approval, is beneficial to the organization, and agreed upon by the board, shall be approved.”

Form 990, Part VI, Section B, Line 15A

“The board approves the annual salary of its dean and other personnel.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
New College Franklin Inc
EIN
26-3586792
Phone
6158158360
Address
PO BOX 1575, FRANKLIN, TN 37065

Signing Officer

Name
Gregory Wilbur
Title
Dean
Phone
6158158360
Signed
2022-02-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory Wilbur
Formed
2008
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
15
Volunteers
0

Preparer

Firm
Puryear & Noonan Cpas
Address
40 BURTON HILLS BLVD STE 170, NASHVILLE, TN 37215
Preparer
Marilyn Place Ea
Phone
6152960500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization recognizes the tax benefits of uncertain tax positions only where the position is "more likely than not" to be sustained assuming examination by tax authorities. Management has analyzed the organization's tax positions and has concluded that no tax liability for unrecognized tax benefits should be recorded related to uncertain tax positions taken on returns filed for the open tax years (2018 - 2020) or expected to be taken in the organization's tax return for the year ended june 30, 2021. The organization identifies its major tax jurisdictions as the u.s. Federal and the state of tennessee. However, the organization is not currently under audit nor has the organization been contacted by any of these jurisdictions. The organization is not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will change in the next twelve months. The organization incurred no interest or penalties during the years ended june 30, 2021 or 2020.”

Raw XML AppendixShowing 400 of 419 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/BooksInCareOfDetail/USAddress/CityNm0FRANKLIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037065
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IRS990/CompensationFromOtherSrcsInd00
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHEN CRAMPTON
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IRS990/Form990PartVIISectionAGrp/PersonNm4DAVE RAYMOND
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IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
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IRS990/PoliticalCampaignActyInd00
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IRS990/ProfessionalFundraisingInd00
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0383182
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt031968
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0323561
IRS990/SavingsAndTempCashInvstGrp/BOYAmt039560
IRS990/SavingsAndTempCashInvstGrp/EOYAmt089591
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt024000
IRS990ScheduleD/DonatedServicesUseFcltsAmt024000
IRS990ScheduleD/ExpensesNotReportedAmt024000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0445947
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012320
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LIBRARY ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06163
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03609
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09772
IRS990ScheduleD/RevenueNotReportedAmt024000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0477915
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE TAX BENEFITS OF UNCERTAIN TAX POSITIONS ONLY WHERE THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED ASSUMING EXAMINATION BY TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT NO TAX LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR THE OPEN TAX YEARS (2018 - 2020) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURN FOR THE YEAR ENDED JUNE 30, 2021. THE ORGANIZATION IDENTIFIES ITS MAJOR TAX JURISDICTIONS AS THE U.S. FEDERAL AND THE STATE OF TENNESSEE. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. THE ORGANIZATION IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE IN THE NEXT TWELVE MONTHS. THE ORGANIZATION INCURRED NO INTEREST OR PENALTIES DURING THE YEARS ENDED JUNE 30, 2021 OR 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06163
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012320
IRS990ScheduleD/TotalExpensesPerForm990Amt0445947
IRS990ScheduleD/TotalRevenuePerForm990Amt0477915
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0501915
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0469947
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS THE FOLLOWING ON ITS WEBSITE: "NEW COLLEGE FRANKLIN ADMITS STUDENTS OF ANY RACE, COLOR AND NATIONAL OR ETHNIC ORIGIN TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT NEW COLLEGE FRANKLIN. IT DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES OR ANY OTHER SCHOOL-ADMINISTERED PROGRAMS."
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt089982
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt020
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0NEW COLLEGE FRANKLIN OFFERS TWO KINDS OF SCHOLARSHIPS - ACADEMIC AND NEED BASED. ACADEMIC SCHOLARSHIPS ARE AWARDED TO FIRST TIME, FULL TIME STUDENTS WHO MEET CERTAIN STANDARDS. ACADEMIC SCHOLARSHIPS ARE AUTOMATICALLY RENEWED FOR UP TO FOUR CONSECUTIVE YEARS AS LONG AS THE STUDENT MAINTAINS A CUMULATIVE GPA OF 3.3 OR GREATER AND REMAINS IN GOOD STANDING FOR THE BA DEGREE. NEED BASED SCHOLARSHIPS ARE AWARDED ANNUALLY TO CURRENT AND INCOMING STUDENTS WHO COMPLETE THE FINANCIAL AID APPLICATION AND DEMONSTRATE SIGNIFICANT FINANCIAL NEED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0ACADEMIC SCHOLARSHIP
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt05178
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0KELLEY CRAMPTON
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0CHILD OF BOARD MEMBER STEVE CRAMPTON
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0SCHOLARSHIP
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A WRITTEN POLICY THAT STATES STUDENTS WHO ARE RELATED TO MEMBERS OF THE BOARD OF TRUSTEES SHOULD NOT BE PUNISHED FOR THEIR FAMILY RELATIONSHIPS. IN FACT, FAMILY MEMBERS WHO CHOSE TO ATTEND NCF DEMONSTRATE THEIR AUTHENTIC COMMITMENT TO THE INSTITUTION. THEREFORE, ALL APPLICANTS WILL BE TREATED FAIRLY AND CONSISTENTLY ACCORDING TO THE ESTABLISHED GUIDELINES OF EACH. ADMISSIONS APPLICANTS MUST SUBMIT ALL MATERIALS AND MEET ALL MINIMUM REQUIREMENTS BEFORE BEING ACCEPTED INTO NCF, REGARDLESS OF FAMILIAL RELATIONSHIP WITH MEMBERS OF THE ORGANIZATION. LIKEWISE, APPLICANTS OF THE ACADEMIC AND/OR NEED BASED SCHOLARSHIPS MUST MEET THE SAME STANDARDS AS ANY OTHER INDIVIDUAL WITHIN THE ORGANIZATION.TO ENSURE TRANSPARENCY IN SCHOLARSHIPS AWARDED TO FAMILY MEMBERS OF TRUSTEES OR ADMINISTRATION PERSONS, SUPPORTING EVIDENCE FOR THE APPROPRIATENESS OF EACH SCHOLARSHIP SHOULD BE MAINTAINED IN THE STUDENT FILE. IN ADDITION, AN EXCEL SPREADSHEET OF ALL SCHOLARSHIPS AWARDED FOR THE YEAR SHOULD BE MAINTAINED AND PROVIDED TO THE FULL BOARD OF TRUSTEES ANNUALLY IN AUGUST.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE DEAN AND FINANCIAL PERSONNEL AND A COPY IS PROVIDED TO THE GOVERNING BOARD MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE SECRETARY OF THE BOARD SHALL MAINTAIN COMPLETED 'CONFLICT OF INTEREST FORMS, AND REVIEW ALL POTENTIAL AGREEMENTS/CONTRACTS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. IN THE EVENT THAT A POTENTIAL CONFLICT OF INTEREST IS DISCOVERED, ALL MEMBERS OF THE BOARD SHALL BE NOTIFIED, AND IF IT MEETS THE MANNER OF APPROVAL, IS BENEFICIAL TO THE ORGANIZATION, AND AGREED UPON BY THE BOARD, SHALL BE APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD APPROVES THE ANNUAL SALARY OF ITS DEAN AND OTHER PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0110155
IRS990/TotalAssetsEOYAmt0139646
IRS990/TotalAssetsGrp/BOYAmt0110155
IRS990/TotalAssetsGrp/EOYAmt0139646
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0154323
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0165079
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0280868
IRS990/TotalFunctionalExpensesGrp/TotalAmt0445947
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014491
IRS990/TotalLiabilitiesEOYAmt012014
IRS990/TotalLiabilitiesGrp/BOYAmt014491
IRS990/TotalLiabilitiesGrp/EOYAmt012014
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt095664
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0127632
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0280868
IRS990/TotalProgramServiceRevenueAmt0323561
IRS990/TotalReportableCompFromOrgAmt014557
IRS990/TotalRevenueGrp/ExclusionAmt031
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0323561
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0477915
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0110155
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0139646
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt010734
IRS990/TravelGrp/ProgramServicesAmt01193
IRS990/TravelGrp/TotalAmt011927
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1575
IRS990/USAddress/CityNm0FRANKLIN
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037065
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.NEWCOLLEGEFRANKLIN.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-05-20 13:21:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY WILBUR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DEAN
ReturnHeader/BusinessOfficerGrp/PhoneNum06158158360
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW COLLEGE FRANKLIN INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWC
ReturnHeader/Filer/EIN0263586792
ReturnHeader/Filer/PhoneNum06158158360
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1575

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