Civic Intelligence

Welch College

990 • Fiscal year 2018 • EIN 62-0481463

Jun 01, 2017 to May 31, 2018 • Filed on Apr 14, 2019

PO Box 479 1045 Bison TrailGallatin, TN 37066

(615) 675-5255

Siviq Scores

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

Liabilities / Assets

67th percentile

0.45x

Higher debt load relative to assets than 67% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

1.74x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

11th percentile

$91,684

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

80th percentile

13%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

84th percentile

34%

Faster revenue growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Up

$40,560,195

Up $4,813,017 (+13%) from 2017

Net Assets

Up

$22,110,267

Up $1,345,642 (+6.5%) from 2017

Liabilities

Up

$18,449,928

Up $3,467,375 (+23%) from 2017

Revenue

Up

$10,586,174

Up $2,686,831 (+34%) from 2017

Expenses

Up

$9,329,921

Up $1,645,899 (+21%) from 2017

Net Income

Up

$1,256,253

Up $1,040,932 (+483%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $12,934,731Liabilities 2010: $5,432,104Net Assets 2010: $7,502,6272010Assets 2011: $13,222,063Liabilities 2011: $6,054,992Net Assets 2011: $7,167,0712011Assets 2012: $13,829,336Liabilities 2012: $6,705,533Net Assets 2012: $7,123,8032012Assets 2013: $12,755,966Liabilities 2013: $5,638,160Net Assets 2013: $7,117,8062013Assets 2014: $12,789,946Liabilities 2014: $5,669,711Net Assets 2014: $7,120,2352014Assets 2015: $13,336,219Liabilities 2015: $5,952,486Net Assets 2015: $7,383,7332015Assets 2016: $23,052,886Liabilities 2016: $2,727,825Net Assets 2016: $20,325,0612016Assets 2017: $35,747,178Liabilities 2017: $14,982,553Net Assets 2017: $20,764,6252017Assets 2018: $40,560,195Liabilities 2018: $18,449,928Net Assets 2018: $22,110,2672018Assets 2019: $39,628,221Liabilities 2019: $17,659,581Net Assets 2019: $21,968,6402019Assets 2020: $39,743,438Liabilities 2020: $18,423,213Net Assets 2020: $21,320,2252020Assets 2021: $40,121,490Liabilities 2021: $17,549,119Net Assets 2021: $22,572,3712021Assets 2022: $41,634,056Liabilities 2022: $17,709,914Net Assets 2022: $23,924,1422022Assets 2023: $39,288,183Liabilities 2023: $18,211,454Net Assets 2023: $21,076,7292023Assets 2024: $40,318,191Liabilities 2024: $18,525,742Net Assets 2024: $21,792,4492024

Highlighted filing

2018

Assets$40,560,195
Liabilities$18,449,928
Net Assets$22,110,267

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $5,890,9262010Expenses 2011: $5,831,1802011Expenses 2012: $6,188,3372012Revenue 2013: $6,677,333Expenses 2013: $5,916,718Net Income 2013: $760,6152013Revenue 2014: $6,435,205Expenses 2014: $6,579,626Net Income 2014: -$144,4212014Revenue 2015: $6,957,149Expenses 2015: $6,698,694Net Income 2015: $258,4552015Revenue 2016: $19,442,138Expenses 2016: $7,050,263Net Income 2016: $12,391,8752016Revenue 2017: $7,899,343Expenses 2017: $7,684,022Net Income 2017: $215,3212017Revenue 2018: $10,586,174Expenses 2018: $9,329,921Net Income 2018: $1,256,2532018Revenue 2019: $10,121,935Expenses 2019: $10,125,199Net Income 2019: -$3,2642019Revenue 2020: $9,056,133Expenses 2020: $9,861,960Net Income 2020: -$805,8272020Revenue 2021: $10,496,744Expenses 2021: $9,422,990Net Income 2021: $1,073,7542021Revenue 2022: $11,542,139Expenses 2022: $10,173,970Net Income 2022: $1,368,1692022Revenue 2023: $7,976,509Expenses 2023: $10,398,858Net Income 2023: -$2,422,3492023Revenue 2024: $10,593,286Expenses 2024: $9,940,128Net Income 2024: $653,1582024

Highlighted filing

2018

Revenue$10,586,174
Expenses$9,329,921
Net Income$1,256,253
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Apr 14, 2019
Return Version
2017v2.3
Gross Receipts
$11,446,325
Mission and Program Overview

Mission

Welch college is a christian higher education institution that educates leaders to serve christ, his church, and his world through biblical thought and life

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,695,814$33,192,439▲ $2,496,625
Pledges and Grants Receivable$74,936$1,514,137▲ $1,439,201
Investments Other Securities$1,325,290$1,078,724▼ $246,566
Other Notes and Loans Receivable, Net$5,248$1,000,313▲ $995,065
Savings and Temporary Cash Investments$1,248,313$723,972▼ $524,341
Cash and Non-Interest-Bearing Accounts$0$383,327▲ $383,327
Accounts Receivable$83,399$103,011▲ $19,612
Prepaid Expenses and Deferred Charges-$6,158-
Total Assets$35,747,178$40,560,195▲ $4,813,017
Other Assets Total$2,314,178$2,558,114▲ $243,936
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,395,730$16,213,088▲ $3,817,358
Accounts Payable and Accrued Expenses$1,977,943$1,662,968▼ $314,975
Unsecured Notes Loans Payable$405,492$346,619▼ $58,873
Other Liabilities$153,946$148,783▼ $5,163
Deferred Revenue$49,442$78,470▲ $29,028
Total Liabilities$14,982,553$18,449,928▲ $3,467,375
Net Assets / Fund Balance
Unrestricted Net Assets$17,496,879$17,097,523▼ $399,356
Permanently Rstr Net Assets$2,882,230$2,994,398▲ $112,168
Temporarily Rstr Net Assets$385,516$2,018,346▲ $1,632,830
Total Net Assets Fund Balance$20,764,625$22,110,267▲ $1,345,642
Total Liabilities and Net Assets / Fund Balance$35,747,178$40,560,195▲ $4,813,017

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$27,254,010$758,513$28,012,523
Land$3,715,271-$3,715,271
Equipment$2,223,158$1,327,238$3,550,396
Other Assets Org$2,558,114--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,595,378$26,509▲ $292,379$5,470$2,838,686
2016$2,167,387$166,364▲ $44,180$-329,016$2,595,378
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin HesterVP Institutional EffectivenessFT$68,113$23,571$91,684
J Matthew PinsonPresidentFT$76,201$15,359$91,560
Matthew McaffeeProvostFT$62,077$7,409$69,486
Greg KettemanVP Strategic InitiativesFT$58,909$1,201$60,110
Matthew BraceyVice ProvostFT$47,537$11,080$58,617
Jon ForlinesVP Student Services/ DeanFT$45,288$5,055$50,343
Craig MahlerVP-financial AffairsFT$40,689$6,111$46,800
David WillifordVP-institutional AdvancementFT$30,225$13,860$44,085

Board Members and Trustees

NameTitle
Dr Jeff CrabtreeChairman
Rev Ken SimpsonVice-chairman
Dr Eddie MoodyBoard of Trustees Member
Mr Mike ArmstrongBoard of Trustees Member
Rev Brad RyanBoard of Trustees Member
Rev Shiloh HackettBoard of Trustees Member
Rev Wayne MiracleBoard of Trustees Member
Rev Will BeauchampBoard of Trustees Member
Dr Mark StriplingSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Michael W MurdockBuilding Contractor2541 MIAMI AVENUE, Nashville, TN 37214$155,023
Mike Ford Custom BuildersBuilding Contractor390 MALLORY STATION ROAD SUITE 100, Franklin, TN 37067$126,479
Revenue and Support

Revenue Composition

Contributions and Grants
$4,139,773
Program Service Revenue
$5,426,508
Investment Income
$894,294
Other Revenue
$125,599
All Other Contributions
$4,139,773
Change in Net Assets
$1,256,253

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
Books and Publications-$163,000Online Valuation Guides
Securities Publicly Traded1$10,573Stock Mkt Value
Total Noncash Contributions1$173,573-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,993,900
Salaries, Compensation, and Employee Benefits$3,873,830
Grants and Similar Amounts Paid$1,462,191
Total Fundraising Expense$604,493
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,797,133$556,906$238,464$2,592,503
Grants to Domestic Individuals$1,462,191--$1,462,191
Interest$767,264--$767,264
Depreciation Depletion$756,635--$756,635
Other Employee Benefits$427,120$130,166$56,781$614,067
Current Officers, Directors, Trustees, and Key Employees$362,710$101,312$48,663$512,685
Office Expenses$200,467$132,654$85,060$418,181
Travel$174,484$53,668$84,485$312,637
Occupancy$246,655$4,304-$250,959
Fees for Services Other$53,332$130,237$8,437$192,006
Advertising$122,555-$32,181$154,736
Payroll Taxes$107,516$32,766$14,293$154,575
Fees for Services Accounting$77,395--$77,395
Insurance$71,881--$71,881
Other Expenses$57,228--$57,228
Conferences and Meetings$26,079$14,593$8,729$49,401
Information Technology$42,161--$42,161
All Other Expenses--$27,400$27,400
Fees for Services Legal$3,177--$3,177
Total Functional Expenses$7,568,822$1,156,606$604,493$9,329,921
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$132,430
Fundraising Direct Expenses$49,893
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ignite the Flame Dinners$69,804$69,804$22,100$47,704
Welch Classic Golf Tournament$16,510$16,510$2,472$14,038
Total Events$132,430$132,430$49,893$82,537
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Deposits and Agency Funds$148,783
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

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.

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

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.

Form 990, Part VI, Section B, Line 15

Compensation approval process - in determining compensation of the organization's officers and key employees, the annual process performed by welch college includes a compensation survey or study and approval by the board of trustees. Additionally, all discussions and decisions are contemporaneously documented.

Form 990, Part VI, Section C, Line 19

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.

Filing and Contact Details

Filer

Filer Name
Welch College
EIN
62-0481463
Phone
6156755255
Address
PO BOX 479 1045 BISON TRAIL, GALLATIN, TN 37066

Signing Officer

Name
Craig Mahler
Title
VP-financial Affairs
Phone
6156755255
Signed
2019-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Matthew Pinson
Formed
1945
Legal Domicile
Tn
Voting Board Members
9
Independent Board Members
9
Employees
276
Volunteers
1

Preparer

Firm
Crosslin Pllc
Address
3803 BEDFORD AVENUE SUITE 103, NASHVILLE, TN 37215
Preparer
Jeffrey R Smith
Phone
6153205500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The college is exempt from income taxes under section 501 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. The college accounts for the effect of any uncertain tax positions based on a more likely than not threshold to the recognition of the tax positions being sustained based on the technical merits of the position under examination by the applicable taxing authority. If a tax position or positions are deemed to result in uncertainties of those positions, the unrecognized tax benefit is estimated based on a cumulative probability assessment that aggregates the estimated tax liability for all uncertain tax positions. Tax positions for the college include, but are not limited to, the tax-exempt status and determination of whether income is subject to unrelated business income tax; however, the college has determined that such tax positions do not result in an uncertainty requiring recognition. The college files informational returns, which are open for examination by authorities for three years after filing. The tax returns for 2015, 2016, and 2017 are still open to examination.

Schedule D, Part V, Line 4

Endowment use endowments consist of numerous individual funds established to benefit unrestricted operations and to provide scholarships to eligible students who meet individual donor requirements. All endowments are donor restricted, with no board designated (quasi) funds.

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

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt125055
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1313860
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1411080
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1523571
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt167409
IRS990/Form990PartVIISectionAGrp/PersonNm0MR MIKE ARMSTRONG
IRS990/Form990PartVIISectionAGrp/PersonNm1REV WILL BEAUCHAMP
IRS990/Form990PartVIISectionAGrp/PersonNm2DR JEFF CRABTREE
IRS990/Form990PartVIISectionAGrp/PersonNm3REV SHILOH HACKETT
IRS990/Form990PartVIISectionAGrp/PersonNm4REV WAYNE MIRACLE
IRS990/Form990PartVIISectionAGrp/PersonNm5DR EDDIE MOODY
IRS990/Form990PartVIISectionAGrp/PersonNm6REV BRAD RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm7REV KEN SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DR MARK STRIPLING
IRS990/Form990PartVIISectionAGrp/PersonNm9CRAIG MAHLER
IRS990/Form990PartVIISectionAGrp/PersonNm10J MATTHEW PINSON
IRS990/Form990PartVIISectionAGrp/PersonNm11GREG KETTEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm12JON FORLINES
IRS990/Form990PartVIISectionAGrp/PersonNm13DAVID WILLIFORD
IRS990/Form990PartVIISectionAGrp/PersonNm14MATTHEW BRACEY
IRS990/Form990PartVIISectionAGrp/PersonNm15KEVIN HESTER
IRS990/Form990PartVIISectionAGrp/PersonNm16MATTHEW MCAFFEE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt940689
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1076201
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1158909
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1245288
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1330225
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1447537
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1568113
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1662077
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP-FINANCIAL AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP STRATEGIC INITIATIVES
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP STUDENT SERVICES/ DEAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-INSTITUTIONAL ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP INSTITUTIONAL EFFECTIVENESS
IRS990/Form990PartVIISectionAGrp/TitleTxt16PROVOST
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01945
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt049893
IRS990/FundraisingGrossIncomeAmt0132430
IRS990/GainOrLossGrp/OtherAmt0689742
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt01462191
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt01462191
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt01462191
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt01500000
IRS990/GrossReceiptsAmt011446325
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt042161
IRS990/InformationTechnologyGrp/TotalAmt042161
IRS990/InsuranceGrp/ProgramServicesAmt071881
IRS990/InsuranceGrp/TotalAmt071881
IRS990/InterestGrp/ProgramServicesAmt0767264
IRS990/InterestGrp/TotalAmt0767264
IRS990/InvestmentIncomeGrp/ExclusionAmt0204552
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0204552
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01325290
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01078724
IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02085751
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030695814
IRS990/LandBldgEquipBasisNetGrp/EOYAmt033192439
IRS990/LandBldgEquipCostOrOtherBssAmt035278190
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0810258
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012395730
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016213088
IRS990/NetAssetsOrFundBalancesBOYAmt020764625
IRS990/NetAssetsOrFundBalancesEOYAmt022110267
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0689742
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0689742
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt082537
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt082537
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt089389
IRS990/NoncashContributionsAmt0173573
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04304
IRS990/OccupancyGrp/ProgramServicesAmt0246655
IRS990/OccupancyGrp/TotalAmt0250959
IRS990/OfficeExpensesGrp/FundraisingAmt085060
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0132654
IRS990/OfficeExpensesGrp/ProgramServicesAmt0200467
IRS990/OfficeExpensesGrp/TotalAmt0418181
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02314178
IRS990/OtherAssetsTotalGrp/EOYAmt02558114
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt056781
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0130166
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0427120
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0614067
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1GENERAL INSTITUTIONAL
IRS990/OtherExpensesGrp/Desc2ATHLETICS
IRS990/OtherExpensesGrp/Desc3INSTRUCTION ASSISTANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt0393691
IRS990/OtherExpensesGrp/ProgramServicesAmt1269393
IRS990/OtherExpensesGrp/ProgramServicesAmt2149755
IRS990/OtherExpensesGrp/ProgramServicesAmt357228
IRS990/OtherExpensesGrp/TotalAmt0393691
IRS990/OtherExpensesGrp/TotalAmt1269393
IRS990/OtherExpensesGrp/TotalAmt2149755
IRS990/OtherExpensesGrp/TotalAmt357228
IRS990/OtherLiabilitiesGrp/BOYAmt0153946
IRS990/OtherLiabilitiesGrp/EOYAmt0148783
IRS990/OtherRevenueMiscGrp/BusinessCd0900000
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt043062
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt043062
IRS990/OtherRevenueTotalAmt043062
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0238464
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0556906
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01797133
IRS990/OtherSalariesAndWagesGrp/TotalAmt02592503
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05248
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01000313
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt014293
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032766
IRS990/PayrollTaxesGrp/ProgramServicesAmt0107516
IRS990/PayrollTaxesGrp/TotalAmt0154575
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02882230
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02994398
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt074936
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01514137
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06158
IRS990/PrincipalOfficerNm0J MATTHEW PINSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/BusinessCd2611710
IRS990/ProgramServiceRevenueGrp/BusinessCd3611710
IRS990/ProgramServiceRevenueGrp/BusinessCd4611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1DINING HALL
IRS990/ProgramServiceRevenueGrp/Desc2DORMITORY
IRS990/ProgramServiceRevenueGrp/Desc3OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/Desc4SNACKSHOP AND BOOKSTORE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04037177
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1769620
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2501976
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt370142
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt447593
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04037177
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1769620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2501976
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt370142
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt447593
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01811154
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01214047
IRS990/PYInvestmentIncomeAmt01317049
IRS990/PYOtherExpensesAmt03423357
IRS990/PYOtherRevenueAmt024781
IRS990/PYProgramServiceRevenueAmt04746359
IRS990/PYRevenuesLessExpensesAmt0215321
IRS990/PYSalariesCompEmpBnftPaidAmt03046618
IRS990/PYTotalExpensesAmt07684022
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07899343
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01256253
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05469570
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01248313
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0723972

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$40.3$18.5$21.8$10.6$9.94$0.65
2023Detailed filing. Detailed filing data is available for this year.$39.3$18.2$21.1$7.98$10.4$2.42
2022Detailed filing. Detailed filing data is available for this year.$41.6$17.7$23.9$11.5$10.2$1.37
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.1$17.5$22.6$10.5$9.42$1.07
2020Detailed filing. Detailed filing data is available for this year.$39.7$18.4$21.3$9.06$9.86$0.81
2019Detailed filing. Detailed filing data is available for this year.$39.6$17.7$22.0$10.1$10.1$0.00
2018Detailed filing. Detailed filing data is available for this year.$40.6$18.4$22.1$10.6$9.33$1.26
2017Detailed filing. Detailed filing data is available for this year.$35.7$15.0$20.8$7.90$7.68$0.22
2016Detailed filing. Detailed filing data is available for this year.$23.1$2.73$20.3$19.4$7.05$12.4
2015Detailed filing. Detailed filing data is available for this year.$13.3$5.95$7.38$6.96$6.70$0.26
2014Detailed filing. Detailed filing data is available for this year.$12.8$5.67$7.12$6.44$6.58$0.14
2013Summary only. Only limited summary data is available for this year.$12.8$5.64$7.12$6.68$5.92$0.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$6.71$7.12$6.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$6.05$7.17$5.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$5.43$7.50$5.89