Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
Liabilities / Revenue
36th percentile
Higher debt load relative to revenue than 36% of similar nonprofits.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
18th percentile
Higher top officer pay than 18% of similar nonprofits.
Top officer pay equals 0.4% of source-year revenue.
Asset Growth
96th percentile
Faster asset growth than 96% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Assets
Up$23,052,886
Up $9,716,667 (+73%) from 2015
Net Assets
Up$20,325,061
Up $12,941,328 (+175%) from 2015
Liabilities
Down$2,727,825
Down $3,224,661 (-54%) from 2015
Revenue
Up$19,442,138
Up $12,484,989 (+179%) from 2015
Expenses
Up$7,050,263
Up $351,569 (+5.2%) from 2015
Net Income
Up$12,391,875
Up $12,133,420 (+4695%) from 2015
Welch college is a christian higher education institution that educates leaders to serve christ, his church, and his world through biblical thought and life
Welch college is a christian higher education institution that educates leaders to serve christ, his church, and his world through biblical thought and life.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $9,858,039 | $12,203,652 | ▲ $2,345,613 |
| Savings and Temporary Cash Investments | $1,577,297 | $8,094,724 | ▲ $6,517,427 |
| Investments Other Securities | $1,554,163 | $1,514,493 | ▼ $39,670 |
| Pledges and Grants Receivable | $239,317 | $109,493 | ▼ $129,824 |
| Accounts Receivable | $59,124 | $40,525 | ▼ $18,599 |
| Other Notes and Loans Receivable, Net | $46,879 | $11,172 | ▼ $35,707 |
| Prepaid Expenses and Deferred Charges | $1,400 | $2,594 | ▲ $1,194 |
| Cash and Non-Interest-Bearing Accounts | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $13,336,219 | $23,052,886 | ▲ $9,716,667 |
| Other Assets Total | $0 | $1,076,233 | ▲ $1,076,233 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $162,258 | $2,060,623 | ▲ $1,898,365 |
| Mortgage Notes Payable Secured by Investment Property | $4,546,396 | $331,221 | ▼ $4,215,175 |
| Other Liabilities | $986,458 | $153,969 | ▼ $832,489 |
| Unsecured Notes Loans Payable | $127,265 | $125,278 | ▼ $1,987 |
| Deferred Revenue | $130,109 | $56,734 | ▼ $73,375 |
| Grants Payable | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $5,952,486 | $2,727,825 | ▼ $3,224,661 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $4,776,115 | $11,105,462 | ▲ $6,329,347 |
| Temporarily Rstr Net Assets | $806,223 | $6,724,976 | ▲ $5,918,753 |
| Permanently Rstr Net Assets | $1,801,395 | $2,494,623 | ▲ $693,228 |
| Total Net Assets Fund Balance | $7,383,733 | $20,325,061 | ▲ $12,941,328 |
| Total Liabilities and Net Assets / Fund Balance | $13,336,219 | $23,052,886 | ▲ $9,716,667 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $4,180,973 | $315,283 | $4,496,256 |
| Other Land Buildings | $3,882,904 | - | $3,882,904 |
| Land | $3,465,000 | - | $3,435,000 |
| Equipment | $674,775 | $2,621,511 | $3,296,286 |
| Other Securities | $1,514,493 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2015 | $1,648,773 | $707,084 | ▼ $102,387 | $-12,580 | $2,167,387 |
| 2014 | $1,599,585 | $58,043 | ▲ $58,189 | $13,239 | $1,648,773 |
| 2013 | $1,468,170 | $51,861 | ▲ $144,616 | $13,239 | $1,599,585 |
| 2012 | $1,369,010 | $29,917 | ▲ $132,797 | $13,239 | $1,468,170 |
| 2011 | $1,344,698 | $155,479 | ▼ $77,224 | $8,001 | $1,369,010 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| J Matthew Pinson | President | FT | $71,734 | $12,624 | $84,358 |
| David Williford | VP-institutional Advancement | FT | $55,772 | $8,731 | $64,503 |
| Craig Mahler | VP-financial Affairs | FT | $51,806 | $4,151 | $55,957 |
| Greg Ketteman | Provost | FT | $54,260 | - | $54,260 |
| Jon Forlines | VP-student Services/dean | FT | $42,737 | $4,151 | $46,888 |
| Gary Fry | VP-church Relations | FT | $37,959 | $5,050 | $43,009 |
| Name | Title |
|---|---|
| Terry Pierce | Chairman |
| Ken Simpson | Vice-chairman |
| Billy Hanna | Board of Trustees |
| Eddie Moody | Board of Trustees |
| Jeff Crabtree | Board of Trustees |
| Mike Armstrong | Board of Trustees |
| Shiloh Hackett | Board of Trustees |
| Will Beauchamp | Board of Trustees |
| Mark Stripling | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,923,198 |
| Salaries, Compensation, and Employee Benefits | $2,874,766 |
| Grants and Similar Amounts Paid | $1,252,299 |
| Total Fundraising Expense | $497,200 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,303,572 | $501,374 | $200,549 | $2,005,495 |
| Grants to Domestic Individuals | $1,252,299 | - | - | $1,252,299 |
| Occupancy | $565,510 | $217,504 | $87,002 | $870,016 |
| Other Employee Benefits | $338,192 | $130,074 | $52,030 | $520,296 |
| Office Expenses | $274,632 | $105,628 | $42,251 | $422,511 |
| Current Officers, Directors, Trustees, and Key Employees | $226,834 | $87,244 | $34,897 | $348,975 |
| Travel | $131,823 | $50,701 | $20,280 | $202,804 |
| Other Expenses | $183,073 | - | - | $183,073 |
| All Other Expenses | $116,213 | $44,697 | $17,879 | $178,789 |
| Fees for Services Other | - | $147,945 | - | $147,945 |
| Advertising | $94,676 | $36,414 | $14,566 | $145,656 |
| Depreciation Depletion | $88,772 | $34,143 | $13,657 | $136,572 |
| Insurance | $47,312 | $18,197 | $7,279 | $72,788 |
| Information Technology | $32,072 | $12,336 | $4,934 | $49,342 |
| Interest | $12,197 | $4,691 | $1,876 | $18,764 |
| Conferences and Meetings | - | $7,760 | - | $7,760 |
| Total Functional Expenses | $5,154,355 | $1,398,708 | $497,200 | $7,050,263 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $7,050,263 |
| Total Expenses per Audited Statements | $5,902,314 |
| Expenses per Audited Statements | $5,797,964 |
| Expenses Not Reported on Financial Statements | $1,252,299 |
| Other Expense Adjustments | $1,252,299 |
| Expenses Not Reported on Form 990 | $104,350 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Liability | Amount |
|---|---|
| Student Deposits and Agency Funds | $153,969 |
“Form 990 review the form 990 is prepared by an outside public accounting firm. The return is reviewed in detail by the vp for financial affairs and the president of the college. The draft is emailed to members of the board of trustees for their review and approval prior to filing the return with the internal revenue service.”
“Conflict of interest monitoring all board members are required to annually disclose certain financial interests and fiduciary relationships. Responses are reviewed to determine if further investigation is necessary and to determine if a conflict exists with respect to a certain transaction. If a conflict exists, the transaction is not to be entered into unless alternatives are fully investigated, and in their absence, the board, without the participation of the interested member(s), determines that the transaction is in the best interest of the organization. Plans to manage the conflict during the relationship are implemented. All discussions are appropriately documented. All other employees are required to disclose any circumstances, including family and business relationships, which may create a conflict of interest for the organization.”
“Compensation approval process in determining compensation of the organization's officers and key employees, the annual process performed by welch college included: a compensation survey or study and approval by the board of trustees. Additionally, all discussions and decisions are contemporaneously documented.”
“Documents upon written request the college makes it governing documents, conflict of interest policy, and financial statements available. The college's financial statements are published for the denomination at large and presented annually to the free will baptist convention. Form 990 is also available on the guidestar website.”
“Other changes in fund balance prior year / unbudgeted amounts: $104,350”
“Endowment use endowments consist of numerous individual funds established to benefit unrestricted operations and to provide scholarships to eligble students who meet individual donor requirements. All endowments are donor restricted, with no board designated (quasi) funds.”
“Income taxes the college is exempt from income taxes under section 501(c)(3) of the internal revenue code and a similar provision of state law. However, the college is subject to federal income tax on any unrelated business taxable income.”
“Other revenue items netted to revenue in the audited financial statements per gaap consist of scholarships and other allowances against student fees amounting to $1,252,299.”
“Other expenses items netted to expenses in the audited financial statements per gaap consist of scholarships and other allowances against student fees amounting to $1,252,299.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 162258 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2060623 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 59124 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 40525 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 14566 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 36414 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 94676 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 145656 |
| IRS990/AllOtherContributionsAmt | 0 | 7933064 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 17879 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 44697 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 116213 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 178789 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | CRAIG MAHLER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6158445000 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 479 1045 BISON TRAIL |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GALLATIN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37066 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 34897 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 87244 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 226834 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 348975 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 7760 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 7760 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7933064 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 1252299 |
| IRS990/CYInvestmentIncomeAmt | 0 | 6434432 |
| IRS990/CYOtherExpensesAmt | 0 | 2923198 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 5074642 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 12391875 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 2874766 |
| IRS990/CYTotalExpensesAmt | 0 | 7050263 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 497200 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 19442138 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 130109 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 56734 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 13657 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 34143 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 88772 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 136572 |
| IRS990/Desc | 0 | WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE. WE PROVIDE OUR STUDENTS A UNIQUE OPPORTUNITY TO PREPARE FOR LEADERSHIP IN THE PLACE OF SERVICE TO WHICH GOD IS CALLING THEM. WE DO THIS BY TEACHING STUDENTS TO CONFRONT THE INESCAPABLE QUESTIONS OF LIFE FROM THE VANTAGE POINT OF A CHRISTIAN WORLDVIEW, REALIZING THE IMPLICATIONS OF CHRISTIAN FAITH FOR THE WORLD AROUND THEM, FOR THE WHOLE OF LIFE. WELCH COLLEGE SERVED APPROXIMATELY 251 FULL TIME EQUIVALENT STUDENTS FOR THE 2015 FALL SEMESTER. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 243 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 5154355 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 147945 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 147945 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 12 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 13 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 14 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 40.0 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 12624 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 4151 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 4151 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 8731 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 5050 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MIKE ARMSTRONG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | WILL BEAUCHAMP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JEFF CRABTREE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SHILOH HACKETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BILLY HANNA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | EDDIE MOODY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TERRY PIERCE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KEN SIMPSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MARK STRIPLING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | J MATTHEW PINSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | CRAIG MAHLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | GREG KETTEMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JON FORLINES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | DAVID WILLIFORD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | GARY FRY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 71734 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 51806 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 54260 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 42737 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 55772 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 37959 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD OF TRUSTEES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD OF TRUSTEES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD OF TRUSTEES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD OF TRUSTEES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD OF TRUSTEES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD OF TRUSTEES |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | VICE-CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | VP-FINANCIAL AFFAIRS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | PROVOST |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | VP-STUDENT SERVICES/DEAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | VP-INSTITUTIONAL ADVANCEMENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | VP-CHURCH RELATIONS |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1945 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/OtherAmt | 0 | 6436824 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantAmt | 0 | 1252299 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 1252299 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 1252299 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/OtherAmt | 0 | 6436824 |
| IRS990/GrossReceiptsAmt | 0 | 19442138 |
| IRS990/GroupExemptionNum | 0 | 8635 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 4934 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 12336 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 32072 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 49342 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 7279 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 18197 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 47312 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 72788 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/FundraisingAmt | 0 | 1876 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 4691 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 12197 |
| IRS990/InterestGrp/TotalAmt | 0 | 18764 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | -2392 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | -2392 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 1554163 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 1514493 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 27 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2936794 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9858039 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 12203652 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 15140446 |
| IRS990/LegalDomicileStateCd | 0 | TN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 4546396 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 331221 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 7383733 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 20325061 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 6436824 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 6436824 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -35107 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 87002 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 217504 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 565510 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 870016 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 42251 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 105628 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 274632 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 422511 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1076233 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -104350 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 52030 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 130074 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 338192 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 520296 |
| IRS990/OtherExpensesGrp/Desc | 0 | CAMPUS CAFETERIA / DINING HALL |
| IRS990/OtherExpensesGrp/Desc | 1 | ONLINE & LIFETIME LEARNING FEE |
| IRS990/OtherExpensesGrp/Desc | 2 | ATHLETICS |
| IRS990/OtherExpensesGrp/Desc | 3 | INSTRUCTIONAL SUPPLIES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 318714 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 43669 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 124795 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 183073 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 318714 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 43669 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 124795 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 183073 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 986458 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 153969 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 200549 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 501374 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1303572 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 2005495 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 46879 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 11172 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 1801395 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 2494623 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 239317 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 109493 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1400 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2594 |
| IRS990/PrincipalOfficerNm | 0 | J MATTHEW PINSON |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 688910 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION AND FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DORMITORIES |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | DINING HALL |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | OTHER |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3799434 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 450356 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 664282 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 160570 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 3799434 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 450356 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 664282 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 160570 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1522203 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 1349781 |
| IRS990/PYInvestmentIncomeAmt | 0 | 62846 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 2570406 |
| IRS990/PYOtherRevenueAmt | 0 | 98323 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 5273777 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 258455 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 2772507 |
| IRS990/PYTotalExpensesAmt | 0 | 6698694 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 6000 |
| IRS990/PYTotalRevenueAmt | 0 | 6957149 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt | 0 | 0 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.