Carson-newman University
84% goes to programs $10 to raise $100 Strong reserves
Carson-newman University is a 501(c)(3) organization based in Jefferson Cty, Tennessee, registered in 1933, with $58,703,240 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
Po Box 557, Jefferson Cty, TN, 37760 EIN 62-0479189 Since 1933
Revenue (FY2023)
$58.7M
▲ 1.9% vs prior year
Education median: $200K
Expenses (FY2023)
$55.6M
Net assets
$122.0M
Employees
1,142
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $10 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Carson-newman University: 84% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating26 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Carson-newman University: 26 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Carson-newman University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Carson-newman University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Mission of challenge, nurture, community: carson-newman college offers a christian, liberal arts education in an environment that encourages open intellectual inquiry and deeper spiritual maturity. students receive a personalized education in small classes. caring faculty and staff mentors get to know and nurture each student. we seek to instill christian values in our students and inspire them to use unique gifts for a lifetime of service. the historic baptist distinctives of religious liberty, personal responsibility, and compassion for others create a welcoming community that fosters a sense of belonging. the cultural heritage and geographic beauty of the appalachian region enriches the carson-newman experience, and the college contributes to the environmental preservation adn economic development of this national treasure. vision: to become a premier christian liberal arts college with a world-wide impact.
What they do
Carson-newman college provides student services that include admissions, orientation, registration, financial-aid assistance counseling, academic support and career counseling, psychological counseling, intramural programs, and inter-collegiate athletics.
Carson-newman college provides auxiliary enterprises taht include housing for approximately 751 full-time students residential students, food service, a bookstore, and facilities for summer programs operated by lifeway ministries for approximately 400 children.
Carson-newman college integrates its students into benevolent ministries that it operates to service the indigent (appalachian outreach sponsors mission trips, provides home repair, a food pantry, clothing, household goods and educational programs that include tutoring and life skills training and its samaritan house provides temporary housing for homeless families in east tennessee).
Contact & location
- Address
- Po Box 557, Jefferson Cty, TN, 37760
- City
- Jefferson Cty
- State
- Tennessee
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $62.0M (FY2013) to $58.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $56.7MNet assets $122.0M
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$178.7M
Total liabilities
$56.7M
Net assets
$122.0M
Salaries & benefits
$26.7M
48% of expenses
Board members
35
35 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $58,703,240▲1.9% | $55,603,631▲10.0% | $122,020,410▲2.6% | $178,725,404▲2.8% | 990 |
| 2022 | $57,605,049▲36.2% | $50,561,124▲3.0% | $118,920,801▲6.3% | $173,838,618▲10.9% | 990 |
| 2021 | $42,287,447▼35.2% | $49,099,457▲10.7% | $111,876,876▼5.7% | $156,701,755▼2.3% | 990 |
| 2020 | $65,286,029▼7.6% | $44,372,780▼35.9% | $118,688,886▲21.5% | $160,428,637▲9.2% | 990 |
| 2019 | $70,690,078▲3.3% | $69,198,390▲3.7% | $97,724,144▲1.6% | $146,955,025▲7.3% | 990 |
| 2018 | $68,450,994▼2.6% | $66,740,522▲4.9% | $96,232,456▲1.8% | $136,951,510▲3.0% | 990 |
| 2017 | $70,270,503▼3.0% | $63,600,183▼1.8% | $94,521,984▲7.6% | $132,985,994▲4.8% | 990 |
| 2016 | $72,446,440▲15.3% | $64,762,494▲3.5% | $87,851,684▲9.6% | $126,924,608▲5.0% | 990 |
| 2015 | $62,819,639▲1.3% | $62,575,699▲5.6% | $80,167,738▲8.4% | $120,912,015▲4.4% | 990 |
| 2014 | $62,041,359▲0.1% | $59,274,829▲5.1% | $73,931,524▲3.9% | $115,819,828▼0.4% | 990 |
| 2013 | $61,993,516 | $56,396,243▲8.9% | $71,164,994▲8.5% | $116,322,562▲5.6% | 990 |
| 2012 | — | $51,791,588▼2.3% | $65,567,721▲19.7% | $110,152,888▲7.4% | 990 |
| 2010 | — | $53,027,631▲6.6% | $54,765,084▲7.7% | $102,583,215▲4.5% | 990 |
| 2009 | — | $49,752,671 | $50,851,473 | $98,158,435 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Charles Flower — $201,193 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Charles Flower | President | 40 | $201,193 |
| Jeremy Buckner | Provost | 40 | $165,456 |
| Kevin Triplett | Vp of Relati | 40 | $154,350 |
| Eugene Pope | Ahletic Dire | 40 | $136,159 |
| Robert Key | Cfo | 40 | $134,583 |
| Danette Seale | Vp of Enroll | 40 | $122,942 |
| Mr Jonathan Akin | Vp For Churc | 40 | $121,150 |
| Mr Christopher Epping | Dean Prof St | 40 | $115,500 |
| Gloria Walker | Vp of St Ser | 40 | $112,455 |
| Cheri Flynn | Dir. of Acco | 40 | $107,898 |
| Mr Adam Einhardt | Ap of Nursin | 40 | $106,483 |
| Mr Greogory Casalenuovo | Professor of | 40 | $105,115 |
| David Crutchley | Dean of Bapt | 40 | $102,534 |
| Allen Morgan | Trustee | 2 | — |
| Amy Stover | Trustee | 2 | — |
| Angie Johnson | Trustee | 2 | — |
| Barry Steelman | Trustee | 2 | — |
| Ct Cozart | Trustee | 2 | — |
| Dr Charles Groover | Trustee | 2 | — |
| Dr Donald Parker | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aramark Corporation | Food Service | $3,526,781 |
| Appalachian Construction & Design | Construction | $2,940,076 |
| Total Property Management | Landscaping | $2,518,999 |
| Keypath Education LLC | Marketing | $2,028,325 |
| Premiere Bldg Maint Corp | Janitorial | $1,593,930 |
Grants received · $5.7M total
94 grants to Carson-newman University totaling $5.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2024 | $162,000 |
| National Christian Charitable Foundation | Community development | 2024 | $68,800 |
| East Tennessee Foundation | Human services | 2024 | $31,000 |
| Good360 | To assist those in need | 2024 | $9,783 |
| American Online Giving Foundation Inc | General support | 2024 | $5,440 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2023 | $162,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $100,823 |
| National Christian Charitable Foundation | Poverty | 2023 | $72,300 |
| East Tennessee Foundation | Gen/oper support | 2023 | $30,000 |
| Good360 | To assist those in need | 2023 | $27,583 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $19,917 |
| American Online Giving Foundation Inc | General support | 2023 | $16,277 |
| Feed the Children Inc | Necessities for needy children & families | 2023 | $13,793 |
| Tulsa Community Foundation | Scholarships | 2023 | $7,500 |
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Frequently asked questions
- Is Carson-newman University a legitimate nonprofit?
- Yes. Carson-newman University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0479189, based in Jefferson Cty, Tennessee. Donations are tax-deductible.
- What is Carson-newman University's EIN?
- Carson-newman University's Employer Identification Number (EIN) is 62-0479189.
- How much revenue does Carson-newman University report?
- Carson-newman University reported $58,703,240 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Carson-newman University's spending goes to programs?
- Carson-newman University spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Carson-newman University have?
- CharityIndex grades Carson-newman University A, based on program efficiency and fundraising cost.
- How much does Carson-newman University's highest-paid employee make?
- The highest reported compensation on Carson-newman University's latest Form 990 is $201,193, paid to Charles Flower (President).
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Explore more
Data for Carson-newman University (EIN 62-0479189) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.