Civic Intelligence

Middle Tennessee School Of

EIN 58-1494136 • 501(c)3 • Madison, TN

View Organization Page

Profile

The middle tennessee school of anesthesia's mission is to provide a christian, seventh-day adventist learning environment that fosters the pursuit of truth, excellence in and access to graduate nurse anesthesia education, and a life of service.

PO Box 417Madison, TN 37116

www.mtsa.edu

Siviq Scores

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

Liabilities / Assets

31st percentile

0.07x

Higher debt load relative to assets than 31% of similar nonprofits.

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

Liabilities / Revenue

36th percentile

0.16x

Higher debt load relative to revenue than 36% of similar nonprofits.

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

Net Margin

63rd percentile

9.9%

Higher net margin than 63% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

56th percentile

7.3%

Faster asset growth than 56% of similar nonprofits.

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

Revenue Growth

55th percentile

9.1%

Faster revenue growth than 55% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$26,301,370

Up $1,791,790 (+7.3%) from 2023

Liabilities

Up

$1,765,826

Up $67,594 (+4.0%) from 2023

Net Assets

Up

$24,535,544

Up $1,724,196 (+7.6%) from 2023

Operations
Liabilities / Revenue36th percentileNet Margin63rd percentile

Revenue

Up

$10,770,951

Up $902,032 (+9.1%) from 2023

Expenses

Up

$9,707,647

Up $1,484,535 (+18%) from 2023

Net Income

Down

$1,063,304

Down $582,503 (-35%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth56th percentile

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

$30M$20M$10M$0Assets 2011: $7,485,478Liabilities 2011: $854,271Net Assets 2011: $6,631,2072011Assets 2012: $8,370,584Liabilities 2012: $859,620Net Assets 2012: $7,510,9642012Assets 2013: $9,010,213Liabilities 2013: $1,029,788Net Assets 2013: $7,980,4252013Assets 2014: $9,733,115Liabilities 2014: $1,122,311Net Assets 2014: $8,610,8042014Assets 2015: $10,811,107Liabilities 2015: $1,192,632Net Assets 2015: $9,618,4752015Assets 2016: $12,164,190Liabilities 2016: $1,293,277Net Assets 2016: $10,870,9132016Assets 2017: $13,590,701Liabilities 2017: $882,384Net Assets 2017: $12,708,3172017Assets 2018: $14,837,037Liabilities 2018: $650,573Net Assets 2018: $14,186,4642018Assets 2019: $16,743,208Liabilities 2019: $643,409Net Assets 2019: $16,099,7992019Assets 2020: $19,954,647Liabilities 2020: $1,999,779Net Assets 2020: $17,954,8682020Assets 2021: $22,533,334Liabilities 2021: $2,834,737Net Assets 2021: $19,698,5972021Assets 2022: $22,357,159Liabilities 2022: $1,797,968Net Assets 2022: $20,559,1912022Assets 2023: $24,509,580Liabilities 2023: $1,698,232Net Assets 2023: $22,811,3482023Assets 2024: $26,301,370Liabilities 2024: $1,765,826Net Assets 2024: $24,535,5442024

Highlighted filing

2024

Assets$26,301,370
Liabilities$1,765,826
Net Assets$24,535,544
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

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

$15M$10M$5.0M$0Revenue 2011: $5,333,103Expenses 2011: $4,192,491Net Income 2011: $1,140,6122011Expenses 2012: $4,380,8702012Revenue 2013: $5,144,177Expenses 2013: $4,674,716Net Income 2013: $469,4612013Revenue 2014: $5,371,908Expenses 2014: $4,741,531Net Income 2014: $630,3772014Revenue 2015: $5,842,907Expenses 2015: $4,835,239Net Income 2015: $1,007,6682015Revenue 2016: $6,271,303Expenses 2016: $5,030,886Net Income 2016: $1,240,4172016Revenue 2017: $6,615,642Expenses 2017: $5,380,991Net Income 2017: $1,234,6512017Revenue 2018: $7,459,816Expenses 2018: $5,981,669Net Income 2018: $1,478,1472018Revenue 2019: $7,651,577Expenses 2019: $6,184,445Net Income 2019: $1,467,1322019Revenue 2020: $7,921,351Expenses 2020: $6,218,121Net Income 2020: $1,703,2302020Revenue 2021: $7,937,391Expenses 2021: $6,648,963Net Income 2021: $1,288,4282021Revenue 2022: $9,695,533Expenses 2022: $7,955,579Net Income 2022: $1,739,9542022Revenue 2023: $9,868,919Expenses 2023: $8,223,112Net Income 2023: $1,645,8072023Revenue 2024: $10,770,951Expenses 2024: $9,707,647Net Income 2024: $1,063,3042024

Highlighted filing

2024

Revenue$10,770,951
Expenses$9,707,647
Net Income$1,063,304
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$26,301,370
Liabilities
$1,765,826
Net assets
$24,535,544
Revenue
$10,770,951
Expenses
$9,707,647
Net income
$1,063,304
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.3$1.77$24.5$10.8$9.71$1.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.5$1.70$22.8$9.87$8.22$1.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$1.80$20.6$9.70$7.96$1.74
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$2.83$19.7$7.94$6.65$1.29
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.0$2.00$18.0$7.92$6.22$1.70
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$0.64$16.1$7.65$6.18$1.47
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$0.65$14.2$7.46$5.98$1.48
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$0.88$12.7$6.62$5.38$1.23
2016Detailed filing. Detailed filing data is available for this year.$12.2$1.29$10.9$6.27$5.03$1.24
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$1.19$9.62$5.84$4.84$1.01
2014Detailed filing. Detailed filing data is available for this year.$9.73$1.12$8.61$5.37$4.74$0.63
2013Summary only. Only limited summary data is available for this year.$9.01$1.03$7.98$5.14$4.67$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.37$0.86$7.51$4.38
2011Summary only. Only limited summary data is available for this year.$7.49$0.85$6.63$5.33$4.19$1.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$10,809,422
Mission and Program Overview

Mission

The middle tennessee school of anesthesia's mission is to provide a christian, seventh-day adventist learning environment that fosters the pursuit of truth, excellence in and access to graduate nurse anesthesia education, and a life of service.

To provide a christian, seventh-day adventist learning environment that fosters the pursuit of truth, excellence in and access to graduate nurse anesthesia education, and a life of service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,501,601$8,604,657▲ $2,103,056
Investments in Publicly Traded Securities$8,299,597$8,341,586▲ $41,989
Cash and Non-Interest-Bearing Accounts$6,911,844$4,896,312▼ $2,015,532
Savings and Temporary Cash Investments$1,641,454$2,767,613▲ $1,126,159
Other Notes and Loans Receivable, Net$847,110$1,303,439▲ $456,329
Prepaid Expenses and Deferred Charges$191,871$254,466▲ $62,595
Accounts Receivable$42,088$81,790▲ $39,702
Investments Other Securities$6,736$21,429▲ $14,693
Total Assets$24,509,580$26,301,370▲ $1,791,790
Other Assets Total$67,279$30,078▼ $37,201
Liabilities
Accounts Payable and Accrued Expenses$600,022$638,961▲ $38,939
Deferred Revenue$645,391$580,951▼ $64,440
Other Liabilities$452,819$545,914▲ $93,095
Total Liabilities$1,698,232$1,765,826▲ $67,594
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,491,642$24,193,988▲ $1,702,346
Net Assets With Donor Restrictions$319,706$341,556▲ $21,850
Total Net Assets Fund Balance$22,811,348$24,535,544▲ $1,724,196
Total Liabilities and Net Assets / Fund Balance$24,509,580$26,301,370▲ $1,791,790

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,403,080$3,483,924$10,887,004
Equipment$490,219$1,927,050$2,417,269
Land$711,358-$711,358

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$27,729-▲ $110-$27,839
2023$27,618-▲ $111-$27,729
2022$27,569-▲ $49-$27,618
2021$27,555-▲ $14-$27,569
2020$27,527-▲ $28-$27,555
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris HulinPresidentFT$423,076$51,143$474,219
Alescia BetheaExecutive VPFT$322,458$67,553$390,011
Christian FalyarProgram DireFT$266,640$63,831$330,471
Christian FalyarProgram Director-$266,640$63,831$330,471
Hallie EvansProgram DireFT$240,404$53,885$294,289
Hallie EvansProgram Director-$240,404$53,885$294,289
Lewis MccarverAsst. PrograFT$232,440$23,246$255,686
Lewis MccarverAsst. Program Admin-$232,440$23,246$255,686
Garrett SalmonFacultyFT$226,004$22,901$248,905
Larry HornsbyProgram DireFT$221,567$27,150$248,717
Larry HornsbyProgram Director-$221,567$27,150$248,717
Nicolette HoogeProgram AsstPT$217,892$27,150$245,042
Nicolette HoogeProgram Asst. Direct-$217,892$27,150$245,042
Michele GravoisFacultyPT$207,487$8,300$215,787
Jon RonningVP, FinanceFT$146,008$37,300$183,308
Jon RonningVP, Finance & Admin-$146,008$37,300$183,308
Jean Baron-whiteBot RecordinFT$69,659$13,999$83,658

Board Members and Trustees

NameTitle
Vic MartinBoard Chairm
Amanda WilliamsTrustee
Chris ReidTrustee
Jonathan GroomsTrustee
Ken HolroydTrustee
Kenneth SchwabTrustee
Kristen KenneyTrustee
Paul MazzoniTrustee
Vicki DaviesInterim Vice

Highest Paid Contractors

ContractorServicesLocationCompensation
Affinity Technology PartnersTech Services278 FRANKLIN RD, BLDG 4 STE 350, Brentwood, TN 37027$141,955
Revenue and Support

Revenue Composition

Contributions and Grants
$562,824
Program Service Revenue
$9,570,206
Investment Income
$624,896
Other Revenue
$13,025
All Other Contributions
$4,469
Change in Net Assets
$1,063,304

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,770,951
Revenue Not Reported on Form 990
$699,364
Total Revenue per Audited Statements
$11,470,315
Total Revenue per Form 990
$10,770,951
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,160,284
Other Expenses$3,547,363
Total Fundraising Expense$3,123
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,774,362$693,588-$3,467,950
Current Officers, Directors, Trustees, and Key Employees$1,294,466$323,617-$1,618,083
Other Employee Benefits$607,587$151,897-$759,484
Depreciation Depletion$108,207$432,828-$541,035
Office Expenses$238,123$179,934-$418,057
Occupancy$247,258$142,007-$389,265
Payroll Taxes$251,814$62,953-$314,767
Fees for Services Other$32,969$168,644-$201,613
All Other Expenses$118,577$73,727$3,123$195,427
Insurance$92,127$71,121-$163,248
Advertising-$162,705-$162,705
Travel$129,764$18,344-$148,108
Other Expenses$83,814$26,825-$110,639
Fees for Services Legal-$88,461-$88,461
Fees for Services Accounting-$22,158-$22,158
Total Functional Expenses$7,085,715$2,618,809$3,123$9,707,647

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,746,119
Expenses per Audited Statements$9,707,647
Total Expenses per Form 990$9,707,647
Expenses Not Reported on Form 990$38,472
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,496
Fundraising Direct Expenses$38,471
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$26,102$22,105$8,627$13,478
Golf Tournament$20,391$20,391$4,025$16,366
Total Events$46,493$42,496$38,471$4,025
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Nflp Loan Fund$515,892
Operating Lease Liability$30,022
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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, Page 6, Part VI, Line 7A

“The trustee review qualifications and vote on new members to the board. Only current trustees can vote on acceptance of new members to the board.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is e-mailed to the board members for review before the form is filed.”

Form 990, Page 6, Part VI, Line 12C

“Each year trustees are required to complete a conflict-of-interest disclosure. This form requests documentation of any potential conflict of interest or indicate that none exist.”

Form 990, Page 6, Part VI, Line 15A

“Compensation for the president is determined per a written contract and approved by the board trustees.”

Form 990, Page 6, Part VI, Line 15B

“Compensation for officers and key employees is reviewed and determined annually by the president.”

Form 990, Page 6, Part VI, Line 19

“The school's governing documents, policies, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Middle Tennessee School of
EIN
58-1494136
Phone
6158686503
Address
PO BOX 417, MADISON, TN 37116

Signing Officer

Name
Chris Hulin
Title
President
Phone
6158686503
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Hulin
Formed
1982
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
57
Volunteers
9

Preparer

Firm
Blankenship CPA Group Pllc
Address
101 WINNERS CIRCLE, BRENTWOOD, TN 37027-2304
Preparer
Scott a Felts CPA
Phone
6153733771
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Some members of the board of trustees are volunteers”

Form 990, Part XI, Line 9

“Fundraising event expenses 38,472 fundraising event expenses -38,472”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Fundraising event expenses 38,472”

Schedule D, Page 4, Part XII, Line 2D

“Fundraising event expenses 38,472”

Raw XML AppendixShowing 400 of 680 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
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