Johnson University
- Assets
- $2.0m
- Revenue
- $4.2m
- Investments
- $62.5k
- Employees
- 188
- Location
- Knoxville, TN
- Founding
- 03/2016
- Data as of
- 06/2023
- EIN
- 47-5271468
Organization Overview
Johnson University is located in Knoxville, TN. The organization was established in 2016. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2023, Johnson University employed 188 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Johnson University 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 06/2023, Johnson University generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $5.6m during the year ending 06/2023. While expenses have increased by 2.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
JOHNSON UNIVERSITY FLORIDA, INC. IS A PRIVATE, COEDUCATIONAL INSTITUTION OF HIGHER LEARNING OFFERING ASSOCIATE, BACHELOR'S, MASTER'S AND DOCTORAL DEGREES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF UNIVERSITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Whitlock Sr Secretary | OfficerTrustee | 1 | $0 |
Martha R Alligood Trustee | Trustee | 1 | $0 |
W Perry Bailey Trustee | Trustee | 1 | $0 |
Kevin Duval Trustee | Trustee | 1 | $0 |
Scott Eynon Trustee | Trustee | 1 | $0 |
Kenneth R Funk Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pioneer Food Service Food Service | 6/29/23 | $411,396 |
Protective Solutions Inc Chapman Center Project | 6/29/23 | $262,406 |
Storm Shield Roofing And Restoration Llc Roofing Repair | 6/29/23 | $247,392 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,475 |
| All other contributions, gifts, grants, and similar amounts not included above | $685,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $690,169 |
| Total Program Service Revenue | $3,427,828 |
| Investment income | $42,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,160,280 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $556,612 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,469,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $368,007 |
| Payroll taxes | $164,524 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,777 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $206,064 |
| Advertising and promotion | $11,527 |
| Office expenses | $73,745 |
| Information technology | $45,323 |
| Royalties | $0 |
| Occupancy | $259,460 |
| Travel | $89,002 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,762 |
| Interest | $245,563 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $154,007 |
| Insurance | $157,386 |
| All other expenses | $119,496 |
| Total functional expenses | $5,622,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $106,205 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150,469 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,013 |
| Net Land, buildings, and equipment | $1,651,712 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $62,500 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,986,900 |
| Accounts payable and accrued expenses | $94,747 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $829,265 |
| Total liabilities | $924,012 |
| Net assets without donor restrictions | -$2,059,134 |
| Net assets with donor restrictions | $3,122,022 |
| 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 | $1,986,900 |