2024-05-14T16:55:04-07:00 2023-06-30 990 2022-07-01 620484185 TUSCULUM UNIVERSITY TUSC 4236367300 PO BOX 5100 GREENEVILLE TN 37745 BENITA BARE CFO 4236367342 2024-05-15 BENITA BARE 999009999 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z SCOTT HUMMEL PO BOX 5100 GREENEVILLE TN 37745 39607783 0 X WWW.TUSCULUM.EDU X 1794 TN Being PIONEER Ready calls each of us to be Proactive, Interactive, Organized, Nettie-like (service-minded), Engaged, Ethical, and Responsible! Tusculum University seeks to instill in its graduates a sense of the world in which they live and to develop skills to make sound decisions that are based on the common good. Embracing the founder's Presbyterian roots and Christian faith, the Institution is committed to act justly, love mercy, and walk humbly with God. Inspired by faith, a cultivating atmosphere of open dialogue and free inquiry is encouraged. With a civic arts tradition, there is an emphasis on citizens working together to form good societies that in turn nurture individuals of good character. Student-athletes become principled leaders who are contributing citizens and champions in life by instilling the highest values of character, integrity, and sportsmanship. The Center for Civic Advancement seeks to engage the heart, mind, and soul in cultivating awareness of self/others. 13 13 556 50 0 0 8109168 3471682 32259082 29979052 3676848 2946978 1729723 3210071 45774821 39607783 13489457 13541197 0 0 14211050 13434939 0 0 169519 15671138 15900416 43371645 42876552 2403176 -3268769 105551209 102284398 51921273 51931217 53629936 50353181 Building on a rich Presbyterian heritage and a pioneering spirit, Tusculum University provides an active and experiential education within a caring Christian environment to inspire civic engagement, enrich personal lives, and equip career-ready professionals. 0 0 23459416 13541197 24031451 Tusculum University provided formal instruction and related academic support for over 1000 full-time equivalent students toward the fulfillment of Bachelor of Science and Bachelor of Art degrees, along with Master degrees in a variety of fields of study. The academic program challenges students to innovate, engage, experiment, and persevere as they discover their purpose. Along their educational journey, they are encouraged, empowered, supported, and inspired through a pioneer spirit. Most students receive generous financial support through a variety of scholarship programs. The instructional classrooms are small, which enables faculty to provide individual attention where needed. Strong personal relationships create life-long friendships and support. Academic services are provided through the library and technology resources, testing resources, career services, tutoring, workshops, counseling, and special academic accommodations. Labs are available on an ongoing basis. Personal counseling services are available by licensed clinical social workers. 4702626 5947601 Auxiliary services were provided to the population of students, as Tusculum University remains primarily a residential campus. Housing and meals were provided. 9032184 0 0 A variety of services were provided to students through many programs and offices, including intramural sports, general athletics, spiritual life, the student lounge, Admissions, Financial Aid, the Registrar, Business Office, and Dean of Students, as well as others. Campus employment and internships were available for eligible students, providing financial resources and valuable work experiences, preparing students that are career-ready. 0 0 0 37194226 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 73 0 1 556 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X TUSCULUM UNIVERSITY 4236367300 PO BOX 5100 GREENEVILLE TN 37745 DR SCOTT HUMMEL PRESIDENT 40 X 259828 0 67064 DR PATRICIA HUNSADER CHIEF ACADEMIC OFFICER 40 X 140492 0 18996 MR DOUGLAS JONES ATHLETIC DIR 40 X 128686 0 18952 DR JACOB FAIT VP ENROLLMENT & FINANCIAL AID 40 X 119201 0 9316 MS BENITA BARE CFO 40 X 114396 0 13680 DR HEATHER JENSON-RAMSEY DEAN 40 X 108532 0 18303 DR DAVID W BAKER BOARD MEMBER 1 X 0 0 0 DR LARRY BROTHERTON BOARD MEMBER 4 X 0 0 0 DR DAVID COLLINS BOARD MEMBER 1 X 0 0 0 DR ALAN CORLEY BOARD MEMBER 1 X 0 0 0 DR DANIEL DONALDSON BOARD MEMBER 2 X 0 0 0 MS JO ANN KRAMER BOARD MEMBER 1 X 0 0 0 DR JANE MORSE BOARD MEMBER 1 X 0 0 0 DR GREGORY NELSON BOARD CHAIR 4 X 0 0 0 DR SCOTT NISWONGER BOARD MEMBER 1 X 0 0 0 MR MARK WILLIAMS BOARD MEMBER 2 X 0 0 0 MR DOUGLAS DEBUSK BOARD MEMBER 1 X 0 0 0 MR JAMES DURHAM BOARD MEMBER 1 X 0 0 0 MR JOSEPH STONE III BOARD MEMBER 1 X 0 0 0 871135 0 146311 6 0 1 0 COMPASS GROUP USA INC PO BOX 417632 BOSTON MA 02241 FOOD SERVICES 2137722 ENA SERVICES DEPT 888149 KNOXVILLE TN 37995 TECHNOLOGY SERVICES 213079 INDEPENDENT COLLEGE ENTERPRISE 2300 MCCORKLE AVE SE CHARLESTON WV 25304 ADMISTRATIVE TECHNOLOGY 218056 RUFFALO NOEL LEVITZ PO BOX 718 DES MOINES IA 50303 CONSULTING SERVICES 127390 ROCKY TOP TOURS 445 CONTINENTAL DR MARYVILLE TN 37804 TRANSPORTATION 120638 5 0 0 0 0 2197864 1273818 0 3471682 TUITION & FEES 611310 24031451 24031451 0 0 AUXILIARIES 611310 5947601 5947601 0 0 0 0 0 0 29979052 2946978 2946978 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3210071 3210071 0 0 3210071 39607783 36136101 0 0 0 0 13541197 13541197 0 0 0 0 431537 0 431537 0 0 0 0 0 11101907 9329818 1676107 95982 0 0 0 0 1106324 912546 184697 9081 795171 674507 113651 7013 0 0 0 0 37742 0 37742 0 108060 0 108060 0 0 0 0 0 0 0 0 0 0 0 2972438 2460554 476865 35019 166737 67431 96220 3086 105935 91243 11044 3648 468775 83525 382567 2683 0 0 0 0 2262760 1933113 328963 684 1025604 1017014 6356 2234 0 0 0 0 116689 98823 14820 3046 1624706 1408041 216665 0 0 0 0 0 1868116 1618991 249125 0 352853 352853 0 0 SUPPLIES 700350 693565 4828 1957 MEMBERSHIPS & SUBSCRIPTIONS 379621 272942 105019 1660 ERP WRITEOFF 1653543 1433032 220511 0 PROGRAM EXPENSES 1131768 1024464 107304 0 924719 180567 740726 3426 42876552 37194226 5512807 169519 1200 1200 2766708 5215305 63254 131678 4841431 4284240 259853 367074 358977 187534 111785894 41196643 73551257 70589251 23708529 21174922 333194 105551209 102284398 1579581 516871 33143 36557 49727880 50491822 580669 885967 51921273 51931217 X 28233502 24835648 25396434 25517533 53629936 50353181 105551209 102284398 -3268769 -7986 0 0 0 0 X 0 1 X 1 1 1 X 4405449 9810623 7916217 8109168 3471682 33713139 4405449 9810623 7916217 8109168 3471682 33713139 33713139 2193931 1597639 5622123 757843 2946978 13118514 46831653 0.71988 0.75654 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 172 172 0 Schedule C, Part II-B, Line 1 The University is a member of TICUA (Tennessee Independent Colleges and Universities Association). 1/2% of dues are used for lobbying activities. 20293230 944782 1950669 4523156 0 0 18665525 25772578 277929 -5273738 483539 0 0 20293230 23971398 382448 5220153 3801421 0 0 25772578 23492873 315874 1133725 971074 0 0 23971398 22048239 361202 1419185 990171 0 0 22838455 0 0.99 0.01 0 0 0 324290 324290 0 104887131 35133744 69753387 0 0 0 0 0 6484499 6062899 421600 0 89974 0 89974 70589251 0 OPERATING LEASE LIABILITY 333194 ANNUITIES PAYABLE 437676 ADVANCES FROM FED GOVT FOR STUDENT LOANS 115097 885967 X 26058600 -7986 0 0 0 -7986 26066586 0 13541197 13541197 39607783 29335355 0 0 0 0 0 29335355 0 13541197 13541197 42876552 Schedule D, Part V, Line 4 Most of the endowment is restricted for scholarships. A small portion of the endowment provides support for academic programming through professorships, chairs, etc. A very limited portion supports other miscellaneous programs and initiatives of the University. Schedule D, Part X, Line 2 The University follows the FASB ASC, which provides guidance on accounting for uncertainty in income taxes recognized in an organization's financial statements. As of June 30, 2023 and 2022, the University had no uncertain tax positions that qualify for either recognition or disclosure in the University's financial statements. The University's policy is to recognize interest and penalties on unrecognized tax benefits in income tax expense in the financial statements. However, no interest or penalties were recorded during the years ended June 30, 2023 and 2022. Schedule D, Part XI, Line 4b Institutional financial aid to students. Schedule D, Part XII, Line 4b Institutional financial aid to students. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 The TU website publishes the University's nondiscriminatory statement, along with many other publications including the Student Handbook and the Employee Handbook, in compliance with all applicable federal and state laws, and with its own policies and philosophy. Tusculum University does not discriminate on the basis of race, gender, religion, age, disability, national origin, sexual orientation, military or veteran's status, genetic information, or any other protected discriminatory factor, in its employment practices (e.g. hiring, administering terms and conditions of employment, and termination) or in the provision of, or access to educational programs and services. Schedule E, Part I, Line 6 The US Department of Education and the Tennessee Higher Education Commission & Student Assistance Corporation provide the University students with education financial assistance. 1 See Schedule I, Part IV Statement 1000 13541197 0 Cash Value Schedule I, Part I, Line 2 The University maintains complete records for the grants and scholarships provided to its students. Those records indicate the criteria used to award the funding, documentation supporting the student's eligibility of the award, and substantiation of the amounts awarded. The University employs individuals whose primary responsibilities are to oversee the process of distributing financial awards. Information pertaining to all awards are tracked by the administrative system. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DR SCOTT HUMMEL PRESIDENT 259828 0 0 0 67064 0 0 0 0 0 326892 0 0 DR PATRICIA HUNSADER CHIEF ACADEMIC OFFICER 140492 0 0 0 18996 0 0 0 0 0 159488 0 0 0 Schedule J, Part I, Line 1a Housing is provided to the President of the University as a condition of his employment. The house is located on campus, and is furnished for the convenience of the employer. Housekeeping is provided at the residence in all public areas, as it is used for entertainment and business activities of the University. Form 990, Part VI, Section B, Line 11b The 990 Return is provided to Board members for review, and the Board's Audit Risk & Compliance Committee approves the filing of the return. Form 990, Part VI, Section B, Line 12c A Conflict of Interest questionnaire is completed each year by each Board member, and issues are discussed and addressed as they occur. The Board meeting in the fall specifically addresses the importance of issues involving any Conflicts of Interest. Form 990, Part VI, Section B, Line 15 The compensation package for the President is determined by the Board of Trustees. Industry standards, peer and aspirant institutions, and affordability is used to determine the level of compensation. For other positions, the HR Professional completes a review of industry standards, peer and aspirant institutions, and affordability to determine compensation packages for recommendations, and adjustments thereto. The President is reviewed annually by the Board. Other positions are evaluated annually as well. Compensation adjustments are made periodically as budget permits. Form 990, Part VI, Section C, Line 19 The governing documents, conflict of interest policies, and financial statements are available upon request. Such requests are made to the President of the University. TUSCULUM TOMORROW TRUST PO BOX 5100 GREENEVILLE TN 37745 621159245 PROVIDES FUNDING TO TUSCULUM UNIVERSITY TN 501(C)(3) PF TUSCULUM UNIVERSITY 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0