Civic Intelligence

Welch College

990 • Fiscal year 2021 • EIN 62-0481463

Jun 01, 2020 to May 31, 2021 • Filed on Feb 28, 2022

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

71st percentile

0.44x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

1.67x

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

46th percentile

10%

Higher net margin than 46% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

12th percentile

$92,609

Higher top officer pay than 12% of similar nonprofits.

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

23rd percentile

1.0%

Faster asset growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

55th percentile

16%

Faster revenue growth than 55% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$40,121,490

Up $378,052 (+1.0%) from 2020

Net Assets

Up

$22,572,371

Up $1,252,146 (+5.9%) from 2020

Liabilities

Down

$17,549,119

Down $874,094 (-4.7%) from 2020

Revenue

Up

$10,496,744

Up $1,440,611 (+16%) from 2020

Expenses

Down

$9,422,990

Down $438,970 (-4.5%) from 2020

Net Income

Up

$1,073,754

Up $1,879,581 (+233%) from 2020

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

2021

Assets$40,121,490
Liabilities$17,549,119
Net Assets$22,572,371

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

2021

Revenue$10,496,744
Expenses$9,422,990
Net Income$1,073,754
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Feb 28, 2022
Return Version
2020v4.2
Gross Receipts
$10,532,861
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$31,661,678$31,304,575▼ $357,103
Investments Other Securities$1,498,349$2,636,724▲ $1,138,375
Investments in Publicly Traded Securities$1,793,508$2,007,348▲ $213,840
Investments Program Related$1,067,607$1,067,607→ $0
Other Notes and Loans Receivable, Net$1,000,000$1,000,000→ $0
Cash and Non-Interest-Bearing Accounts$1,195,662$960,244▼ $235,418
Pledges and Grants Receivable$873,410$613,655▼ $259,755
Savings and Temporary Cash Investments$390,361$389,602▼ $759
Accounts Receivable$194,232$56,976▼ $137,256
Prepaid Expenses and Deferred Charges$10,024$19,769▲ $9,745
Inventories for Sale or Use$9,607$6,990▼ $2,617
Total Assets$39,743,438$40,121,490▲ $378,052
Other Assets Total$49,000$58,000▲ $9,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$17,695,416$16,781,571▼ $913,845
Accounts Payable and Accrued Expenses$367,253$543,643▲ $176,390
Other Liabilities$238,991$151,281▼ $87,710
Deferred Revenue$121,553$72,624▼ $48,929
Total Liabilities$18,423,213$17,549,119▼ $874,094
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,378,434$16,279,395▼ $99,039
Net Assets With Donor Restrictions$4,941,791$6,292,976▲ $1,351,185
Total Net Assets Fund Balance$21,320,225$22,572,371▲ $1,252,146
Total Liabilities and Net Assets / Fund Balance$39,743,438$40,121,490▲ $378,052

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,812,737$2,568,950$28,381,687
Equipment$1,559,137$2,402,786$3,961,923
Land$3,736,637-$3,736,637
Other Land Buildings$196,064-$196,064
Other Securities$2,636,724--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$3,470,934$980,452▲ $534,586-$4,878,527
2019$3,127,052$47,636▲ $442,614-$3,470,934
2018$2,838,686$548,823▼ $141,604-$3,127,052
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Matthew PinsonPresidentFT$73,680$18,929$92,609
Kevin HesterVP Institutional EffectiveFT$67,267$19,382$86,649
Matthew McaffeeProvostFT$19,658$51,857$71,515
David WillifordVP-institutional AdvancemeFT$15,037$55,847$70,884
Matthew BraceyVice ProvostFT$33,684$29,168$62,852
Greg KettemanVP Strategic InitiativesFT$60,674$1,867$62,541
Jon ForlinesVP Student Services/ DeanFT$52,239$9,180$61,419
Craig MahlerVP-financial AffairsFT$32,420$27,753$60,173

Board Members and Trustees

NameTitle
Dr Jeff CrabtreeChairman
Chris TruettBoard of Trustees Member
Rev Brad RyanBoard of Trustees Member
Rev Shiloh HackettBoard of Trustees Member
Rev Theron ScottBoard of Trustees Member
Rev Tim CampbellBoard of Trustees Member
Rev Wayne MiracleBoard of Trustees Member
Rev Will BeauchampBoard of Trustees Member
Mr Mike ArmstrongSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Pioneer College Caterers INCFood Service303 GLENROSE AVE, Nashville, TN 37210$330,818
White & Associates ManagementMaintenance775 DOUGLAS LN, Gallatin, TN 37066$219,821
Revenue and Support

Revenue Composition

Contributions and Grants
$4,531,523
Program Service Revenue
$5,536,110
Investment Income
$352,572
Other Revenue
$76,539
All Other Contributions
$3,193,699
Change in Net Assets
$1,073,754
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,728,672
Salaries, Compensation, and Employee Benefits$3,644,910
Grants and Similar Amounts Paid$2,049,408
Total Fundraising Expense$492,916
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,765,656$475,771$279,571$2,520,998
Grants to Domestic Individuals$2,046,436--$2,046,436
Depreciation Depletion$804,543--$804,543
Other Employee Benefits$533,444$143,741$84,465$761,650
Interest$738,045--$738,045
Occupancy$546,370$772-$547,142
Current Officers, Directors, Trustees, and Key Employees$248,397$66,933$39,331$354,661
Office Expenses$169,975$106,132$36,602$312,709
Travel$90,388$23,566$24,463$138,417
All Other Expenses$127,246$904$5,817$133,967
Advertising$103,783-$6,388$110,171
Insurance$91,680--$91,680
Fees for Services Other$62,760-$7,147$69,907
Fees for Services Legal$69,425--$69,425
Information Technology$57,849--$57,849
Fees for Services Accounting$51,450--$51,450
Other Expenses$49,064$55,075$8,458$49,064
Payroll Taxes$2,390$5,211-$7,601
Foreign Grants$2,972--$2,972
Conferences and Meetings--$674$674
Total Functional Expenses$7,730,342$1,199,732$492,916$9,422,990
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$73,073
Fundraising Direct Expenses$9,058
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Strong & Courageous$41,250$41,250$5,786$35,464
Northern Quarterly Rally$23,361$23,361$555$22,806
Total Events$73,073$73,073$9,058$64,015
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$151,281
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 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
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
1045 BISON TRAIL, GALLATIN, TN 37066

Signing Officer

Name
Craig Mahler
Title
VP-financial Affairs
Phone
6156755255
Signed
2022-02-28
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
243
Volunteers
10

Preparer

Firm
Crosslin Pllc
Address
3803 BEDFORD AVENUE SUITE 103, NASHVILLE, TN 37215
Preparer
Steven D Warren
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 2018, 2019, and 2020 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.

Raw XML AppendixShowing 400 of 690 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.

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IRS990/ActivityOrMissionDesc0WELCH COLLEGE IS A CHRISTIAN HIGHER EDUCATION INSTITUTION THAT EDUCATES LEADERS TO SERVE CHRIST, HIS CHURCH, AND HIS WORLD THROUGH BIBLICAL THOUGHT AND LIFE
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt111867
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt129180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1355847
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1429168
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1519382
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1651857
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/PersonNm5REV BRAD RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm6REV TIM CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm7REV THERON SCOTT
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRIS TRUETT
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/ReportableCompFromOrgAmt932420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1073680
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1160674
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1252239
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1315037
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1433684
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1567267
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1619658
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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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/TitleTxt0SECRETARY
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/TitleTxt7BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD OF TRUSTEES MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9VP-FINANCIAL AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP STRATEGIC INITIATIVES
IRS990/Form990PartVIISectionAGrp/TitleTxt12VP STUDENT SERVICES/ DEAN
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP-INSTITUTIONAL ADVANCEME
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PROVOST
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP INSTITUTIONAL EFFECTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt16PROVOST
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01945
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt09058
IRS990/FundraisingGrossIncomeAmt073073
IRS990/GainOrLossGrp/SecuritiesAmt0-2264
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt01337824
IRS990/GrantAmt02049408
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02046436
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02046436
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt024795
IRS990/GrossReceiptsAmt010532861
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt057849
IRS990/InformationTechnologyGrp/TotalAmt057849
IRS990/InsuranceGrp/ProgramServicesAmt091680
IRS990/InsuranceGrp/TotalAmt091680
IRS990/InterestGrp/ProgramServicesAmt0738045
IRS990/InterestGrp/TotalAmt0738045
IRS990/InventoriesForSaleOrUseGrp/BOYAmt09607
IRS990/InventoriesForSaleOrUseGrp/EOYAmt06990
IRS990/InvestmentIncomeGrp/ExclusionAmt0354836
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0354836
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01498349
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02636724
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01067607
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01067607
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01793508
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02007348
IRS990/IRPDocumentCnt056
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04971736
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031661678
IRS990/LandBldgEquipBasisNetGrp/EOYAmt031304575
IRS990/LandBldgEquipCostOrOtherBssAmt036276311
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt027059
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/BOYAmt017695416
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016781571
IRS990/NetAssetsOrFundBalancesBOYAmt021320225
IRS990/NetAssetsOrFundBalancesEOYAmt022572371
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2264
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2264
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt064015
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt064015
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0183336
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt016378434
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016279395
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0772
IRS990/OccupancyGrp/ProgramServicesAmt0546370
IRS990/OccupancyGrp/TotalAmt0547142
IRS990/OfficeExpensesGrp/FundraisingAmt036602
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0106132
IRS990/OfficeExpensesGrp/ProgramServicesAmt0169975
IRS990/OfficeExpensesGrp/TotalAmt0312709
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt049000
IRS990/OtherAssetsTotalGrp/EOYAmt058000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt084465
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0143741
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0533444
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0761650
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2NONOPERATING EXPENSES
IRS990/OtherExpensesGrp/Desc3ATHLETICS
IRS990/OtherExpensesGrp/FundraisingAmt08458
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0316563
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15064
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt255075
IRS990/OtherExpensesGrp/ProgramServicesAmt0605
IRS990/OtherExpensesGrp/ProgramServicesAmt1167864
IRS990/OtherExpensesGrp/ProgramServicesAmt249064
IRS990/OtherExpensesGrp/TotalAmt0317168
IRS990/OtherExpensesGrp/TotalAmt1181386
IRS990/OtherExpensesGrp/TotalAmt255075
IRS990/OtherExpensesGrp/TotalAmt349064
IRS990/OtherLiabilitiesGrp/BOYAmt0238991
IRS990/OtherLiabilitiesGrp/EOYAmt0151281
IRS990/OtherRevenueMiscGrp/BusinessCd0900000
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012524
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012524
IRS990/OtherRevenueTotalAmt012524
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0279571
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0475771
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01765656
IRS990/OtherSalariesAndWagesGrp/TotalAmt02520998
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01000000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01000000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05211
IRS990/PayrollTaxesGrp/ProgramServicesAmt02390
IRS990/PayrollTaxesGrp/TotalAmt07601
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0873410
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0613655
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010024
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019769
IRS990/PrincipalOfficerNm0J MATTHEW PINSON
IRS990/PriorPeriodAdjustmentsAmt0-4944
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/Desc3SNACKSHOP AND BOOKSTORE
IRS990/ProgramServiceRevenueGrp/Desc4OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04407107
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1654916
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2445686
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt323040
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt45361
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04407107
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1654916
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2445686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt323040
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt45361
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02101735
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01760047
IRS990/PYInvestmentIncomeAmt0263478
IRS990/PYOtherExpensesAmt04142790
IRS990/PYOtherRevenueAmt0138857
IRS990/PYProgramServiceRevenueAmt06260085
IRS990/PYRevenuesLessExpensesAmt0-843506
IRS990/PYSalariesCompEmpBnftPaidAmt03704824
IRS990/PYTotalExpensesAmt09607661
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08764155

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