Civic Intelligence

Martin Methodist College

EIN 62-0483210 • 501(c)3 • Nashville, TN

Profile

Carry forward the historical mission of the college by maintaining the operation of a college for men and women under the fostering care, auspices, and patronage of the tennessee annual conference of the united methodist church and to perform such functions and activities required to carry out the foregoing purposes.

1600 Division Street Suite 700Nashville, TN 37203

www.martinmethodist.edu

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

27th percentile

-1.4%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$13,155,322

Down $185,463 (-1.4%) from 2023

Liabilities

Down

$0

Down $270,457 (-100%) from 2023

Net Assets

Up

$13,155,322

Up $84,994 (+0.7%) from 2023

Revenue

Down

$0

Down $1,089,438 (-100%) from 2023

Expenses

Down

$0

Down $535,561 (-100%) from 2023

Net Income

Down

$0

Down $553,877 (-100%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $31,004,299Liabilities 2011: $9,630,042Net Assets 2011: $21,374,2572011Assets 2012: $32,542,519Liabilities 2012: $11,368,963Net Assets 2012: $21,173,5562012Assets 2013: $33,514,757Liabilities 2013: $11,825,417Net Assets 2013: $21,689,3402013Assets 2014: $35,592,528Liabilities 2014: $9,891,087Net Assets 2014: $25,701,4412014Assets 2015: $36,305,500Liabilities 2015: $10,163,375Net Assets 2015: $26,142,1252015Assets 2016: $36,193,072Liabilities 2016: $9,622,678Net Assets 2016: $26,570,3942016Assets 2017: $35,923,058Liabilities 2017: $9,442,836Net Assets 2017: $26,480,2222017Assets 2018: $37,597,759Liabilities 2018: $9,800,496Net Assets 2018: $27,797,2632018Assets 2019: $37,540,018Liabilities 2019: $9,919,959Net Assets 2019: $27,620,0592019Assets 2020: $35,472,816Liabilities 2020: $9,414,157Net Assets 2020: $26,058,6592020Assets 2021: $36,451,504Liabilities 2021: $7,379,239Net Assets 2021: $29,072,2652021Assets 2022: $12,674,695Liabilities 2022: $270,457Net Assets 2022: $12,404,2382022Assets 2023: $13,340,785Liabilities 2023: $270,457Net Assets 2023: $13,070,3282023Assets 2024: $13,155,322Liabilities 2024: $0Net Assets 2024: $13,155,3222024

Highlighted filing

2024

Assets$13,155,322
Liabilities$0
Net Assets$13,155,322

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2011: $23,364,3452011Expenses 2012: $25,008,7352012Expenses 2013: $26,350,8652013Revenue 2014: $32,702,799Expenses 2014: $29,219,191Net Income 2014: $3,483,6082014Revenue 2015: $28,743,185Expenses 2015: $29,033,311Net Income 2015: -$290,1262015Revenue 2016: $31,267,175Expenses 2016: $29,856,732Net Income 2016: $1,410,4432016Revenue 2017: $27,245,955Expenses 2017: $28,661,836Net Income 2017: -$1,415,8812017Revenue 2018: $30,414,231Expenses 2018: $27,905,031Net Income 2018: $2,509,2002018Revenue 2019: $27,798,130Expenses 2019: $27,820,751Net Income 2019: -$22,6212019Revenue 2020: $25,177,781Expenses 2020: $26,943,662Net Income 2020: -$1,765,8812020Revenue 2021: $26,683,667Expenses 2021: $26,148,363Net Income 2021: $535,3042021Revenue 2022: $1,628,893Expenses 2022: $167,577Net Income 2022: $1,461,3162022Revenue 2023: $1,089,438Expenses 2023: $535,561Net Income 2023: $553,8772023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2024

Revenue$0
Expenses$0
Net Income$0

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$0.00$13.2$0.00$0.00$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$0.27$13.1$1.09$0.54$0.55
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.7$0.27$12.4$1.63$0.17$1.46
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.5$7.38$29.1$26.7$26.1$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.5$9.41$26.1$25.2$26.9$1.77
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.5$9.92$27.6$27.8$27.8$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.6$9.80$27.8$30.4$27.9$2.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.9$9.44$26.5$27.2$28.7$1.42
2016Detailed filing. Detailed filing data is available for this year.$36.2$9.62$26.6$31.3$29.9$1.41
2015Detailed filing. Detailed filing data is available for this year.$36.3$10.2$26.1$28.7$29.0$0.29
2014Detailed filing. Detailed filing data is available for this year.$35.6$9.89$25.7$32.7$29.2$3.48
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.5$11.8$21.7$26.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.5$11.4$21.2$25.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$9.63$21.4$23.4
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 22, 2022
Return Version
2020v4.2
Gross Receipts
$29,025,343
Mission and Program Overview

Mission

On july 1, 2021, an asset transfer and transition agreement was made between the college and the university of tennessee. The agreement enabled the university of tennessee to absorb the college's institutional assets and operations for the purpose of establishing a new campus of the university of tennessee at the college's campus to be called the university of tennessee, southern. The general assembly of the state of tennessee approved the new campus and related transactions on april 29, 2021, effective july 1, 2021. The retention and management of the martin methodist college endowmwntby the existing martin methodist college (now martin methodist foundation) nonprofit corporation are to be used for charitable purposes acceptabe to the tennessee conference of the united methodist church.

POST-SECONDARY EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$16,825,061$16,056,203▼ $768,858
Investments in Publicly Traded Securities$11,234,747$13,970,806▲ $2,736,059
Savings and Temporary Cash Investments$2,201,187$1,994,018▼ $207,169
Pledges and Grants Receivable$1,501,700$1,000,000▼ $501,700
Accounts Receivable$309,157$299,177▼ $9,980
Prepaid Expenses and Deferred Charges$196,038$89,644▼ $106,394
Inventories for Sale or Use$201,200$82,894▼ $118,306
Investments Other Securities$653,835$44,054▼ $609,781
Total Assets$35,472,816$36,451,504▲ $978,688
Other Assets Total$2,349,891$2,914,708▲ $564,817
Liabilities
Other Liabilities$8,735,815$6,989,978▼ $1,745,837
Accounts Payable and Accrued Expenses$558,779$253,062▼ $305,717
Deferred Revenue$119,563$136,199▲ $16,636
Total Liabilities$9,414,157$7,379,239▼ $2,034,918
Net Assets / Fund Balance
Net Assets With Donor Restrictions$17,269,844$19,091,481▲ $1,821,637
Net Assets Without Donor Restrictions$8,788,815$9,980,784▲ $1,191,969
Total Net Assets Fund Balance$26,058,659$29,072,265▲ $3,013,606
Total Liabilities and Net Assets / Fund Balance$35,472,816$36,451,504▲ $978,688

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,141,813$16,823,552$30,965,365
Equipment$520,709$3,353,294$3,874,003
Other Land Buildings$602,153$465,046$1,067,199
Land$791,528-$791,528
Other Assets Org$2,384,730--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$14,329,758$184,019▲ $1,886,849-$15,815,915
2019$14,661,597$140,075▼ $175,052-$14,405,281
2018$15,178,904$72,246▲ $84,449-$14,661,597
2017$14,508,291$243,454▲ $850,575-$15,178,904
2016$13,826,298$132,261▲ $1,199,502-$14,508,291
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark LabranchePresidentFT$228,781$17,789$246,570
Judy CheathamProvostFT$152,724$8,039$160,763
Robert SheltonExecutive VP & COOFT$122,284$14,481$136,765
Jeff BainExecutive Director of AthleticsFT$95,780$8,740$104,520
James HlubbAssistant VP of HrFT$69,098$11,446$80,544
Rhonda ClinardAssociate VP of FinanceFT$70,479$7,372$77,851
Daniel McmastersVP of Student AffairsFT$63,996$11,234$75,230
Edna LunaVP of External AffairsFT$71,565$3,595$75,160
Tyler CoxVP of Enrollment ManagementFT$61,376$10,636$72,012

Board Members and Trustees

NameTitle
Bob LunaAudit and Risk Chair
Richard F WarrenExecutive Chair
Cornelia a ClarkExecutive Vice Chair
Albert MosleyTrustee
Allen BlackTrustee
Betsy Bass MillerTrustee
Bill McalillyTrustee
Brad ButlerTrustee
Brenda SpeerTrustee
Byron R TraugerTrustee
Corbette S DoyleTrustee
D Doran JohnsonTrustee
H Neil JobeTrustee
J Allen ScogginTrustee
Jim EdmondsonTrustee
Kenneth D FungerTrustee
Larry D OdomTrustee
Sam BelkTrustee
Sarah GarnerTrustee
Steve SpiveyTrustee
Tim UnderwoodTrustee
Troy a MizellTrustee
Wayne AndrewsTrustee
Zach MoffattTrustee
Zan Starnes MartinTrustee
Cecil BatchelorTrustee Emeritus
H Lynn Greer JrTrustee Emeritus
Kenneth H PinkstonTrustee Emeritus
Mack S Linebaugh JrTrustee Emeritus
Morris Ed HarwellTrustee Emeritus
Robert H SpainTrustee Emeritus
Robert H WalkerTrustee Emeritus
Robert W GallaherTrustee Emeritus
Waymon L HickmanTrustee Emeritus
Sara W ReeseSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Metz Culinary ManagementCafeteria Service2 WOODLAND DR, Dallas, PA 18612$896,452
National Management Resources CorpCampus Facilities ManagementPO BOX 1224, Lagrange, GA 30241$804,926
Pes Pulaski Electric SystemUtilitiesPO BOX 368, Pulaski, TN 38478$461,586
Teacher's Ins & Annuity AssoRetirement730 THIRD AVENUE, New York, NY 10017$422,834
Church Mutual Insurance CompanyProperty, Auto, And Liability InsurancePO BOX 767, Merrill, WI 54452$258,399
Revenue and Support

Revenue Composition

Contributions and Grants
$3,656,842
Program Service Revenue
$20,069,305
Investment Income
$972,357
Other Revenue
$1,985,163
All Other Contributions
$2,360,963
Change in Net Assets
$535,304

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
Securities Publicly Traded3$71,231Fair Market Value (FMV)
Total Noncash Contributions3$71,231-

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,519,132
Revenue Not Reported on Financial Statements
$9,164,535
Revenue Not Reported on Form 990
$2,494,622
Other Revenue Adjustments
$9,164,535
Total Revenue per Audited Statements
$20,013,754
Total Revenue per Form 990
$26,683,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$9,164,535
Other Expenses$8,634,350
Salaries, Compensation, and Employee Benefits$8,349,478
Total Fundraising Expense$415,286
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$9,164,535--$9,164,535
Other Salaries and Wages$4,730,115$1,306,767$196,765$6,233,647
Depreciation Depletion$1,351,977$337,994-$1,689,971
All Other Expenses$1,086,425$298,540-$1,384,965
Current Officers, Directors, Trustees, and Key Employees$702,062$187,217$46,804$936,083
Payroll Taxes$418,992$72,803$17,794$509,589
Other Employee Benefits$402,426$79,219$11,200$492,845
Occupancy$391,336$97,834-$489,170
Other Expenses$692,576$372,768$105,546$372,768
Advertising$14,200$345,176$1,683$361,059
Insurance-$323,735-$323,735
Interest-$280,136-$280,136
Fees for Services Legal-$260,534-$260,534
Pension Plan Contributions$136,558$35,162$5,594$177,314
Travel$148,833$26,222$1,439$176,494
Fees for Services Accounting-$66,968-$66,968
Fees for Services Other-$22,457-$22,457
Total Functional Expenses$21,017,187$4,715,890$415,286$26,148,363

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$26,148,363
Total Expenses per Audited Statements$17,000,148
Expenses per Audited Statements$16,983,828
Expenses Not Reported on Financial Statements$9,164,535
Other Expense Adjustments$9,164,535
Expenses Not Reported on Form 990$16,320
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,320
Fundraising Gross Income$8,511
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Redhawk Scramble$18,360$4,770$8,204$-3,434
Alumni Golf Tournament$49,505$3,741$8,116$-4,375
Total Events$67,865$8,511$16,320$-7,809
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Business RelationshipJOHN D. FINCH, TRUSTEE, SERVES AS THE CHIEF OPERATING OFFICER OF POWELL BUILDING GROUP, AN ENTITY THAT PROVIDES BUILDING PROJECT SERVICES TO MARTIN METHODIST COLLEGE. ALL TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH.No$68,019
-Business RelationshipW.P. MURREY, JR., TRUSTREE, SERVES AS THE CHAIRMAN OF SHARP MOTOR COMPANY, INC., AN ENTITY FROM WHICH MARTIN METHODIST COLLEGE HAS PURCHASED VEHICLES. ALL SALES WERE AT FAIR MARKET VALUE AND CONDUCTED AT ARM'S LENGTH.No$195
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable and Long-term Debt$6,655,236
Annuities Payable$285,978
Capital Lease Obligations$48,764
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
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

School officials, in consultation with the paid preparer, will complete and review form 990. Upon review and determination it has been completed to the best of their ability, it will be presented to the audit commitee for review and approval. Upon approval by the audit commitee, the board will be notifed of said approval. The board will have the opportunity to review and make comments prior to final submission.

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

Conflict of interest certification is completed each year, reviewed, and approved by the board of trustees or committees with board-delegated powers.

Form 990, Part VI, Section B, Line 15

The president of the college reports to and is employed by the board of trustees. Salaries and benefits of all employees are determined by conducting an annual review of multiple internal and external sources to ensure that compensation reflects fair market value and reasonable compensation.

Form 990, Part VI, Section C, Line 19

The college makes copies of its governing documents, conflict of interest policy, and financial statements available upon request

Filing and Contact Details

Filer

Filer Name
Martin Methodist College
EIN
62-0483210
Phone
9313639865
Address
433 WEST MADISON STREET, PULASKI, TN 38478

Signing Officer

Name
Mark La Branche
Title
President
Phone
9313639865
Signed
2022-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark La Branche
Formed
1909
Legal Domicile
Tn
Voting Board Members
26
Independent Board Members
26
Employees
343
Volunteers
0

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 federal income taxes under section 501(c)(3) of the internal revenude code; accordingly, no provision for income taxes is included in the financial statements. The college accounts for the effect of any uncertain tax posiitons 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 autority. If a tax position or positions are deemed to result in uncertainties of those posiitons, any unrecognized tax benefit is estimated 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 certain income is subject to unrelated business income tax; however, the college has determined that such tax do not result in an uncertainty requiring recognition.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 16,320.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Student aid netted with revenues in the audited financial statements 9,164,535.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 16,320.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Student aid netted with revenue in the audited financial statements 9,164,535.

Raw XML AppendixShowing 400 of 910 raw XML fields

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

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0253062
IRS990/AccountsReceivableGrp/BOYAmt0309157
IRS990/AccountsReceivableGrp/EOYAmt0299177
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IRS990/Desc0MARTIN METHODIST COLLEGE IS AN INSTITUTION OF HIGHER EDUCATION RELATED TO THE UNITED METHODIST CHURCH AND IS COMMITTED TO BEING THE EDUCATIONAL EPICENTER FOR SOUTH CENTRAL TENNESSEE AND A COLLEGE OF OPPORTUNITY FOR OUR STUDENTS, COMMMUNITY AND CHURCH. ITS MISSION IS TO PROVIDE UNDERGRADUATE, GRADUATE AND PROFESSIONAL PROGRAMS GROUNDED IN THE LIBERAL ARTS AND SCIENCES THAT ARE DESIGNED TO PREPARE STUDENTS FOR CAREERS AND LIVES OF CONTINUED LEARNING; PROMOTE A DIVERSE AND GLOBALLY CONSCIOUS LEARNING COMMUNITY THAT NURTURES INTELLECTUAL, SPIRITUAL, SOCIAL AND PERSONAL GROWTH; AND SERVE THE REGION AND CHURCH THROUGH EDUCATIONAL, SPIRITUAL, SOCIAL, AND CULTURAL PROGRAMS.MARTIN METHODIST HAS IDENTIFIED THE FOLLOWING VALUES AS KEY TO ITS ORGANIZATION.NURTURE:A MARTIN EDUCATION HAS ALWAYS INCLUDED A UNIQUE BLEND OF CHALLENGE AND SUPPORT. THIS NURTURING ATMOSPHERE DRAWS OUT THE BEST IN STUDENTS AND ENCOURAGES AN UNUSUAL LEVEL OF ACHIEVEMENT AND SUCCESSHONOR:THE CAMPUS EXPERIENCE AT MARTIN METHODIST IS MARKED BY SPECIAL ATTENTION TO ISSUES OF ACADEMIC INTEGRITY AND CHARACTER DEVELOPMENT, WITH THE COLLEGE'S CODE OF HONOR SERVING A CENTRAL ROLE.DIVERSITY:OUR ACADEMIC COMMUNITY APPRECIATES THE EDUCATIONAL ADVANTAGE OF A DIVERSE LEARNING ENVIRONMENT, INCLUDING DIVERSITY OF ETHNICITY, NATIONALITY AND CREED. IN THAT CONTEXT WE ALSO VALUE THE KIND OF COOPERATIVE SPIRIT THAT LEADS TO MUTUAL UNDERSTANDING AND TRUE COLLABORATION.COMPASSION:THE MARTIN METHODIST COLLEGE FAMILY, TRUE TO ITS CHURCH CONNECTION, REGULAR EXPRESSES ITS CARE AND CONCERN, NOT ONLY INTERNALLY BUT EXTERNALLY TOWARD OUR COMMUNITY AND REGION. THIS COMPASSION TRANSLATES INTO ACTIVE SERVICE AND SERVICE-LEARNING PROGRAMS FOR STUDENTS WITH THE UNDERSTANDING THAT ACQUIRED SKILLS AND KNOWLEDGE ARE TO BE USED TO BLESS THE LIVES OF OTHERS.MARTIN METHODIST COLLEGE OFFERS A WIDE VARIETY OF PROGRAMS AND SERVES APPROXIMATELY 1,000 STUDENTS.
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