Tennessee Wesleyan University

Organization Overview

Tennessee Wesleyan University is located in Athens, TN. The organization was established in 1940. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Tennessee Wesleyan University employed 426 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Wesleyan 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 06/2022, Tennessee Wesleyan University generated $36.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $36.4m during the year ending 06/2022. While expenses have increased by 4.8% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FOUR-YEAR LIBERAL ARTS COLLEGE

Describe the Organization's Program Activity:

INSTRUCTIONAL - ENROLLED AND EDUCATED OVER 1000 STUDENTS.


ACADEMIC SUPPORT - INCLUDES THE FUNDS SPENT IN SUPPORT OF THE COLLEGE'S LIBRARY AND OTHER SIMILAR ACTIVITIES.


STUDENT SERVICES - INCLUDES THE FUNDS ASSOCIATED WITH THE SUPPORT OF THE COLLEGE'S STUDENTS ACADEMICS AND RELATED STUDENT ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Harley G Knowles
President
$246,882
Robert J Mullaney
Director Of Occupational Therapy
$131,231
Dg Willhite
Vpaa
$123,600
Martha G Harris
VP Of Finance
$110,748
Scott A Mashburn
VP Of Student Life
$109,951
Martha E Maddox
Associate Dean Gsb
$100,788

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aramark Corp
Food Service
$1,518,612
Bluecross Blueshield Of Tn
Insurance
$975,549
Athens Utility Board
Utilities
$651,416
National Management Resources Corporatio
Maintenance
$525,076
Webb Plumbing & Electric Corporation
Utilities
$711,913
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,059,348
All other contributions, gifts, grants, and similar amounts not included above$4,620,370
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,679,718
Total Program Service Revenue$28,227,873
Investment income $272,698
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 $36,534,539

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Tennessee Wesleyan University has recieved totaling $25,000.

Awarding OrganizationAmount
Athens Federal Foundation

Athens, TN

PURPOSE: SPECIAL PROJECTS

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,514,831
Earnings-$188,045
Net Contributions$1,646,053
Ending Balance$13,972,839

Peer Organizations

Organization NameAssets
Campbellsville University Inc
Campbellsville, KY
$142,326,474
Spelman College
Atlanta, GA
$182,970,731
Centre College Of Kentucky
Danville, KY
$215,283,093
Mississippi College
Clinton, MS
$113,425,007
Roanoke College
Salem, VA
$126,475,040
Lee University
Cleveland, TN
$108,753,431
Morehouse College
Atlanta, GA
$206,029,432
Union University
Jackson, TN
$103,290,604
Lenoir-Rhyne University
Hickory, NC
$101,403,823
Randolph-Macon College
Ashland, VA
$119,204,346
College Of The Ozarks
Point Lookout, MO
$134,988,466
Bridgewater College
Bridgewater, VA
$86,618,271

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