Civic Intelligence

Emmanuel University Inc.

990 • Fiscal year 2024 • EIN 58-0633977

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 15, 2024

PO Box 129Franklin Springs, GA 30639

(706) 245-2806

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.27x

Higher debt load relative to assets than 56% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.33x

Higher debt load relative to revenue than 54% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

41st percentile

1.4%

Higher net margin than 41% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$107,292

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

33rd percentile

1.3%

Faster asset growth than 33% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-1.3%

Faster revenue growth than 28% of similar nonprofits.

2024 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Flat

$35,834,634

Flat from 2024

Net Assets

Flat

$26,176,544

Flat from 2024

Liabilities

Flat

$9,658,090

Flat from 2024

Revenue

Flat

$28,946,813

Flat from 2024

Expenses

Flat

$28,553,934

Flat from 2024

Net Income

Flat

$392,879

Flat from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0-$20MAssets 2011: $26,723,918Liabilities 2011: $15,165,912Net Assets 2011: $11,558,0062011Assets 2012: $30,528,096Liabilities 2012: $18,793,884Net Assets 2012: $11,734,2122012Assets 2013: $41,857,161Liabilities 2013: $30,413,297Net Assets 2013: $11,443,8642013Assets 2014: $32,995,337Liabilities 2014: $33,720,886Net Assets 2014: -$725,5492014Assets 2015: $30,352,095Liabilities 2015: $33,975,772Net Assets 2015: -$3,623,6772015Assets 2016: $30,930,744Liabilities 2016: $34,826,293Net Assets 2016: -$3,895,5492016Assets 2017: $30,765,985Liabilities 2017: $35,749,944Net Assets 2017: -$4,983,9592017Assets 2018: $29,821,505Liabilities 2018: $9,385,422Net Assets 2018: $20,436,0832018Assets 2019: $30,082,856Liabilities 2019: $9,897,120Net Assets 2019: $20,185,7362019Assets 2020: $31,895,292Liabilities 2020: $11,508,404Net Assets 2020: $20,386,8882020Assets 2021: $32,057,967Liabilities 2021: $9,803,654Net Assets 2021: $22,254,3132021Assets 2022: $33,236,823Liabilities 2022: $9,815,307Net Assets 2022: $23,421,5162022Assets 2023: $35,371,251Liabilities 2023: $9,587,586Net Assets 2023: $25,783,6652023Assets 2024: $35,834,634Liabilities 2024: $9,658,090Net Assets 2024: $26,176,5442024Assets 2024: $35,834,634Liabilities 2024: $9,658,090Net Assets 2024: $26,176,5442024Assets 2025: $35,996,996Liabilities 2025: $9,652,292Net Assets 2025: $26,344,7042025

Highlighted filing

2024

Assets$35,834,634
Liabilities$9,658,090
Net Assets$26,176,544

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0-$20MExpenses 2011: $14,146,5402011Expenses 2012: $17,849,2272012Expenses 2013: $21,619,9052013Revenue 2014: $17,999,606Expenses 2014: $23,280,113Net Income 2014: -$5,280,5072014Revenue 2015: $19,526,256Expenses 2015: $22,406,356Net Income 2015: -$2,880,1002015Revenue 2016: $22,372,235Expenses 2016: $22,644,107Net Income 2016: -$271,8722016Revenue 2017: $22,578,798Expenses 2017: $23,667,207Net Income 2017: -$1,088,4092017Revenue 2018: $50,462,979Expenses 2018: $25,042,937Net Income 2018: $25,420,0422018Revenue 2019: $23,063,328Expenses 2019: $23,313,676Net Income 2019: -$250,3482019Revenue 2020: $24,532,269Expenses 2020: $24,331,116Net Income 2020: $201,1532020Revenue 2021: $25,906,976Expenses 2021: $24,039,551Net Income 2021: $1,867,4252021Revenue 2022: $27,286,390Expenses 2022: $26,119,186Net Income 2022: $1,167,2042022Revenue 2023: $29,320,561Expenses 2023: $26,954,088Net Income 2023: $2,366,4732023Revenue 2024: $28,946,813Expenses 2024: $28,553,934Net Income 2024: $392,8792024Revenue 2024: $28,946,813Expenses 2024: $28,553,934Net Income 2024: $392,8792024Revenue 2025: $30,625,276Expenses 2025: $30,460,261Net Income 2025: $165,0152025

Highlighted filing

2024

Revenue$28,946,813
Expenses$28,553,934
Net Income$392,879
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$28,946,813
Mission and Program Overview

Mission

COLLEGE

UNIVERSITY

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,016,694$30,932,007▲ $915,313
Savings and Temporary Cash Investments$2,688,275$1,472,262▼ $1,216,013
Accounts Receivable$1,461,615$697,055▼ $764,560
Inventories for Sale or Use$150,295$116,824▼ $33,471
Prepaid Expenses and Deferred Charges$58,154$73,184▲ $15,030
Cash and Non-Interest-Bearing Accounts$1,190$1,190→ $0
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$35,371,251$35,834,634▲ $463,383
Other Assets Total$995,028$2,542,112▲ $1,547,084
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,429,256$8,421,648▼ $7,608
Accounts Payable and Accrued Expenses$1,100,295$1,197,132▲ $96,837
Other Liabilities$58,035$39,310▼ $18,725
Total Liabilities$9,587,586$9,658,090▲ $70,504
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,580,023$22,261,496▲ $681,473
Net Assets With Donor Restrictions$4,203,642$3,915,048▼ $288,594
Total Net Assets Fund Balance$25,783,665$26,176,544▲ $392,879
Total Liabilities and Net Assets / Fund Balance$35,371,251$35,834,634▲ $463,383

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,411,172$17,591,680$48,002,852
Buildings$194,885$114,519-
Land$325,950--
Other Assets Org$35,920--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gregory K HearnPresidentFT$107,292$107,292

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,948,553
Program Service Revenue
$23,541,275
Investment Income
$97,758
Other Revenue
$359,227
All Other Contributions
$4,948,553
Change in Net Assets
$392,879

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$153,484Fair Market Value (FMV)
Real Estate Other1$26,400Fair Market Value (FMV)
Other Non Cash Contri Table1$7,400Fair Market Value (FMV)
Total Noncash Contributions3$187,284-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,292,860
Grants and Similar Amounts Paid$10,010,141
Salaries, Compensation, and Employee Benefits$8,250,933
Total Fundraising Expense$165,102
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$10,010,141--$10,010,141
Other Salaries and Wages$6,598,502-$55,857$6,654,359
All Other Expenses$3,428,369-$50,357$3,478,726
Depreciation Depletion$1,031,953--$1,031,953
Other Employee Benefits$1,009,259-$13,350$1,022,609
Travel$751,501-$3,808$755,309
Other Expenses$478,777-$561$479,338
Payroll Taxes$465,024-$1,649$466,673
Interest$371,062--$371,062
Insurance$363,530-$184$363,714
Fees for Services Other$240,981-$9,402$250,383
Current Officers, Directors, Trustees, and Key Employees$91,198-$16,094$107,292
Advertising$88,629-$13,840$102,469
Office Expenses$81,130--$81,130
Fees for Services Legal$61,854--$61,854
Conferences and Meetings$44,776--$44,776
Fees for Services Accounting$36,000--$36,000
Total Functional Expenses$28,388,832$0$165,102$28,553,934
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$39,310
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Emmanuel University Inc
EIN
58-0633977
Phone
7062452806
Address
PO BOX 129, FRANKLIN SPRINGS, GA 30639

Signing Officer

Name
MATT McREE
Title
CFO
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ga
Voting Board Members
34
Independent Board Members
34
Employees
433

Preparer

Firm
Ed K Burton LLC
Address
12333 Augusta Road PO Box 40, Lavonia, GA 30553
Preparer
Ed K Burton CPA
Phone
7064605750
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

AWARDS AND GIFTS: Column (A) - Total = $71265; Column (B) - Program Services = $65863; Column (C) - Management & General = $0; Column (D) - Fundraising = $5402

Form 990, Part IX, Line 24E

BANK & DISCOUNT FEES: Column (A) - Total = $127757; Column (B) - Program Services = $127757; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

COGS - FOOD: Column (A) - Total = $47312; Column (B) - Program Services = $47312; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

CONTRACT LABOR: Column (A) - Total = $134787; Column (B) - Program Services = $121552; Column (C) - Management & General = $0; Column (D) - Fundraising = $13235

Form 990, Part IX, Line 24E

DUES & SUBSCRIPTIONS: Column (A) - Total = $128005; Column (B) - Program Services = $128005; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

EVENTS & EXHIBIT EXPENSE: Column (A) - Total = $16479; Column (B) - Program Services = $16479; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

HONORARIA: Column (A) - Total = $7950; Column (B) - Program Services = $7950; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

INTERNET ACCESS: Column (A) - Total = $49811; Column (B) - Program Services = $49811; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

LEASED EQUIPMENT: Column (A) - Total = $67891; Column (B) - Program Services = $67891; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

LIBRARY EXPENSE: Column (A) - Total = $32686; Column (B) - Program Services = $32686; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

LICENSES & PERMITS: Column (A) - Total = $3845; Column (B) - Program Services = $3845; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MAINTENANCE AGREEMENTS: Column (A) - Total = $29975; Column (B) - Program Services = $29975; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MEALS & ENTERTAINMENT: Column (A) - Total = $437028; Column (B) - Program Services = $428686; Column (C) - Management & General = $0; Column (D) - Fundraising = $8342

Form 990, Part IX, Line 24E

OFFICIALS FEES: Column (A) - Total = $121789; Column (B) - Program Services = $121789; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

OTHER FEES & COSTS: Column (A) - Total = $302937; Column (B) - Program Services = $299697; Column (C) - Management & General = $0; Column (D) - Fundraising = $3240

Form 990, Part IX, Line 24E

POOL EXPENSE: Column (A) - Total = $10026; Column (B) - Program Services = $10026; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

POSTAGE & SHIPPING: Column (A) - Total = $39792; Column (B) - Program Services = $27358; Column (C) - Management & General = $0; Column (D) - Fundraising = $12434

Form 990, Part IX, Line 24E

PRINTING & PUBLICATIONS: Column (A) - Total = $88986; Column (B) - Program Services = $87267; Column (C) - Management & General = $0; Column (D) - Fundraising = $1719

Form 990, Part IX, Line 24E

PROPERTY TAXES: Column (A) - Total = $7061; Column (B) - Program Services = $7061; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

RENT: Column (A) - Total = $4300; Column (B) - Program Services = $4300; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

REPAIRS & MAINTENANCE: Column (A) - Total = $397867; Column (B) - Program Services = $397867; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

ROUNDING: Column (A) - Total = $-3; Column (B) - Program Services = $-3; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

SOFTWARE: Column (A) - Total = $404874; Column (B) - Program Services = $398889; Column (C) - Management & General = $0; Column (D) - Fundraising = $5985

Form 990, Part IX, Line 24E

UNCOLLECTIBLE ACCOUNTS: Column (A) - Total = $139955; Column (B) - Program Services = $139955; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

UNIFORMS & APPAREL: Column (A) - Total = $339213; Column (B) - Program Services = $339213; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

VEHICLE FUEL: Column (A) - Total = $74182; Column (B) - Program Services = $74182; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

WASTE DISPOSAL: Column (A) - Total = $69399; Column (B) - Program Services = $69399; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

WORK STUDY: Column (A) - Total = $323557; Column (B) - Program Services = $323557; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt21Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt22Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt23Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt24Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt25Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt26Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt27Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt28Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt29Trustee
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IRS990/Form990PartVIISectionAGrp/TitleTxt31Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt32Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt33Trustee
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.0$9.65$26.3$30.6$30.5$0.17
2024Detailed filing. Detailed filing data is available for this year.$35.8$9.66$26.2$28.9$28.6$0.39
2024Summary only. Only limited summary data is available for this year.$35.8$9.66$26.2$28.9$28.6$0.39
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.4$9.59$25.8$29.3$27.0$2.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.2$9.82$23.4$27.3$26.1$1.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.1$9.80$22.3$25.9$24.0$1.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.9$11.5$20.4$24.5$24.3$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.1$9.90$20.2$23.1$23.3$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.8$9.39$20.4$50.5$25.0$25.4
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.8$35.7$4.98$22.6$23.7$1.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.9$34.8$3.90$22.4$22.6$0.27
2015Detailed filing. Detailed filing data is available for this year.$30.4$34.0$3.62$19.5$22.4$2.88
2014Detailed filing. Detailed filing data is available for this year.$33.0$33.7$0.73$18.0$23.3$5.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.9$30.4$11.4$21.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.5$18.8$11.7$17.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.7$15.2$11.6$14.1