University School Of Nashville
- Assets
- $71.5m
- Revenue
- $35.3m
- Investments
- $42.9m
- Employees
- 486
- Location
- Nashville, TN
- Founding
- 12/1974
- Data as of
- 06/2022
- EIN
- 23-7424429
Organization Overview
University School Of Nashville is located in Nashville, TN. The organization was established in 1974. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, University School Of Nashville employed 486 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University School Of Nashville is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, University School Of Nashville generated $35.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $32.8m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY SCHOOL OF NASHVILLE MODELS THE BEST EDUCATIONAL PRACTICES IN AN ENVIRONMENT THAT REPRESENTS THE CULTURAL AND ETHNIC COMPOSITION OF GREATER NASHVILLE, USN FOSTERS EACH STUDENT'S INTELLECT, ARTISTIC AND ATHLETIC POTENTIAL, VALUING AND INSPIRING INTEGRITY, CREATIVE EXPRESSION, A LOVE OF LEARNING, AND THE PURSUIT OF EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF UNIVERSITY SCHOOL OF NASHVILLE SERVING AN ESTIMATED 1067 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent W Durnan Jr School Director | Officer | 65 | $441,259 |
Teresa Standard Chief Financial Officer | 45 | $195,217 | |
Juliet C Douglas Director Of Admissions | 45 | $190,589 | |
Quinton P Walker Head Of High School | 45 | $175,580 | |
Jeffrey A Greenfield Head Of Middle School | 45 | $161,262 | |
Anne M Westfall Director Of Development | 45 | $158,253 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Budd Group Inc Janitorial Services | 6/29/22 | $325,749 |
Vanderbilt University Finance Traffic Control/cso Contracted Svcs | 6/29/22 | $168,574 |
Orion Buiding Corporation General Construction Services | 6/29/22 | $2,555,028 |
Sage Dining Service Inc Cafeteria Management | 6/29/22 | $646,417 |
Jewell Mechanical Hvac Maintenance | 6/29/22 | $128,472 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,160,677 |
| Noncash contributions included in lines 1a–1f | $725,606 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,160,677 |
| Total Program Service Revenue | $29,073,862 |
| Investment income | $883,275 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $250 |
| Net Gain/Loss on Asset Sales | -$2,418 |
| Net Income from Fundraising Events | $92,154 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$19,467 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,334,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,764,923 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $477,804 |
| Compensation of current officers, directors, key employees. | $477,804 |
| Compensation to disqualified persons | $15,312,885 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $882,465 |
| Other employee benefits | $1,152,718 |
| Payroll taxes | $1,778,479 |
| Fees for services: Management | $350,354 |
| Fees for services: Legal | $87,516 |
| Fees for services: Accounting | $38,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $139,664 |
| Fees for services: Other | $885,142 |
| Advertising and promotion | $9,200 |
| Office expenses | $2,397,376 |
| Information technology | $383,607 |
| Royalties | $0 |
| Occupancy | $1,562,390 |
| Travel | $133,475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,900 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,024,502 |
| Insurance | $167,593 |
| All other expenses | $0 |
| Total functional expenses | $32,772,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,168,030 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $643,721 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $75,543 |
| Prepaid expenses and deferred charges | $226,144 |
| Net Land, buildings, and equipment | $21,812,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $42,928,414 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $609,371 |
| Total assets | $71,463,411 |
| Accounts payable and accrued expenses | $2,644,417 |
| Grants payable | $0 |
| Deferred revenue | $1,130,276 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,774,693 |
| Net assets without donor restrictions | $35,137,987 |
| Net assets with donor restrictions | $31,550,731 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $71,463,411 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that University School Of Nashville has recieved totaling $6,800.
| Awarding Organization | Amount |
|---|---|
The Fullgraf Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Robinson Family Foundation Inc Franklin, TN PURPOSE: FOR EDUCATIONAL INSTITUTION'S ANNUAL FUND | $1,800 |
Endowment Analysis
| Beg. Balance | $36,431,619 |
| Earnings | -$4,316,893 |
| Net Contributions | $2,592,823 |
| Other Expense | $1,212,999 |
| Ending Balance | $33,494,550 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harding University Searcy, AR | $405,616,863 | $135,462,423 |
University Of The Cumberlands Inc Williamsburg, KY | $474,140,732 | $211,155,067 |
University Of Lynchburg Lynchburg, VA | $240,911,893 | $116,895,847 |
Marymount University Arlington, VA | $272,414,108 | $118,614,940 |
Rockhurst University Kansas City, MO | $176,706,478 | $126,555,115 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Gardner-Webb University Boiling Springs, NC | $163,499,840 | $100,956,877 |
Park University Parkville, MO | $196,638,780 | $102,110,275 |
Meredith College Raleigh, NC | $208,277,395 | $93,593,801 |
Georgia Tech Athletic Association Atlanta, GA | $397,031,896 | $79,492,257 |
Queens University Of Charlotte Charlotte, NC | $172,081,537 | $81,135,661 |
William Carey University Hattiesburg, MS | $258,133,608 | $93,416,449 |