2024-05-15T14:04:04-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2022-07-01 580531392 TRUETT MCCONNELL UNIVERSITY INC TRUE 7068652134 100 ALUMNI DRIVE CLEVELAND GA 305281264 DR JASON GRAFFAGNINO VP FOR FINANCE & OPERATIONS 7068652134 2024-05-15 1 DR JASON GRAFFAGNINO 999009999 0 TIFFANY T ORR CPA P01559485 7703948000 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DR EMIR F CANER 100 ALUMNI DRIVE CLEVELAND GA 305281264 39202320 0 X WWW.TRUETT.EDU X 1946 GA TRUETT MCCONNELL UNIVERSITY IS A CHRISTIAN LIBERAL ARTS INSTITUTION THAT OFFERS 40 UNDERGRADUATE AND 10 GRADUATE DEGREE PROGRAMS FROM ITS CAMPUS IN CLEVELAND, GEORGIA. THE MISSION IS TO EQUIP STUDENTS TO FULFILL THE GREAT COMISSION BY FOSTERING A CHRISTIAN WORLDVIEW THROUGH A BIBLICALLY CENTERED EDUCATION IN A FAMILY-FRIENDLY ENVIRONMENT. 30 30 465 25 98456 42766 4880555 9079311 27602711 28334440 391970 597822 -6822 -6100 32868414 38005473 9130150 7987488 0 0 12502630 12879592 0 0 320405 11436251 13490488 33069031 34357568 -200617 3647905 52995830 57319722 27242689 27324090 25753141 29995632 X THE MISSION OF TRUETT MCCONNELL UNIVERSITY, A GEORGIA BAPTIST UNIVERSITY, IS TO EQUIP STUDENTS TO FULFILL THE GREAT COMISSION BY FOSTERING A CHRISTIAN WORLDVIEW THROUGH A BIBLICALLY CENTERED EDUCATION IN A FAMILY-FRIENDLY ENVIRONMENT. 0 0 6552861 23058571 INSTRUCTION - THE MISSION OF TRUETT MCCONNELL UNIVERSITY IS TO EQUIP STUDENTS WITH THE TRUTH, THROUGH A BIBLICALLY-CENTERED EDUCATION, TO FULFILL THE GREAT COMMISSION. TMU ENCOMPASSES A FAMILY OF GODLY SCHOLARS, STAFF, AND STUDENTS WITH THE GOAL OF FOSTERING A CHRISTIAN WORLDVIEW. THE UNIVERSITY, PROUDLY AFFILIATED WITH THE GEORGIA BAPTIST CONVENTION, HAS A RICH HERITAGE DATING BACK TO 1946. IT IS NAMED AFTER TWO SOUTHERN BAPTIST PREACHERS GEORGE W. TRUETT AND FERNANDO MCCONNELL.TODAY, THE UNIVERSITY IS AN ACCREDITED INSTITUTION THAT OFFERS FORTY-ONE BACCALAUREATE MAJORS IN THE FIELDS OF BIOLOGY, BUSINESS, CHRISTIAN STUDIES, CRIMIINAL JUSTICE, EDUCATION, ENGLISH, EXERCISE SCIENCE, HISTORY, MUSIC, NURSING, PSYCHOLOGY, GLOBAL STUDIES, AS WELL AS SEVEN MASTER'S DEGREES IN BUSINESS, DIVINITY, EDUCATION, GLOBAL STUDIES, PROFESSIONAL COUNSELING AND THEOLOGY. STUDENTS CHOOSING TRUETT MCCONNELL UNIVERSITY WILL BE ACADEMICALLY CHALLENGED BY SOME OF THE BRIGHTEST SCHOLARS IN THEIR RESPECTIVE FIELDS OF STUDY. ULTIMATELY, THE BLEND BETWEEN ACADEMIC EXCELLENCE AND CHRISTIAN VIRTUE PROVIDES THE GRADUATE WITH THE GREATEST ABILITY TO SUCCEED IN LIFE. THE TRUTH MATTERS TO A GREATER DEGREE. THIS MOTTO IS FOCUSED AROUND THESE FOUR PILLARS: LOVE THE LORD, LOVE HIS WORD, LOVE THE CHURCH AND LOVE THE LOST. IN MAY 2023 TMU CONFERRED 207 GRADUATE AND UNDERGRADUATE DEGREES. 7987488 7987488 FINANCIAL AID - TRUETT MCCONNELL UNIVERSITY IS COMMITTED TO PROVIDING A QUALITY EDUCATIONAL EXPERIENCE TO STUDENTS FROM ALL ECONOMIC BACKGROUNDS. FOR GRADUATING HIGH SCHOOL STUDENTS AND PARENTS, THE THOUGHT OF COLLEGE CAN BE A FINANCIAL BURDEN. HOWEVER, TMU WORKS WITH STUDENTS TO HELP MAKE THE FINANCIAL AID PROCESS EASIER TO FOLLOW AND UNDERSTAND. 100% OF ALL FIRST-TIME FRESHMEN RECEIVE FINANCIAL AID. 5027195 5094045 AUXILIARY ENTERPRISES - LIVING ON CAMPUS IS AN IMPORTANT PART OF THE OVERALL EDUCATIONAL AND DISCIPLESHIP EXPERIENCE AT TMU. WE ARE COMMITTED TO THE DEVELOPMENT OF STUDENTS INTO DISCIPLES OF CHRIST AND SEEK TO FURTHER THIS GOAL THROUGH LIVING, LEARNING, PLAYING, PRAYING, AND STUDYING GOD'S WORD TOGETHER IN OUR RESIDENCE HALL COMMUNITIES. WE SEEK TO BUILD GOD-HONORING COMMUNITIES THAT BOTH CHALLENGE AND SUPPORT RESIDENTS, AS WELL AS BUILD AND STRENGTHEN RELATIONSHIPS. REGARDLESS OF WHICH RESIDENCE HALL YOU LIVE IN, YOU WILL BECOME PART OF A COMMUNITY COMMITTED TO YOUR CHRISTIAN DISCIPLESHIP AND ACADEMIC SUCCESS. 9371919 83368 STUDENT LIFE - YOUR EXPERIENCES AS A TMU STUDENT ARE SOME OF THE MOST TRANSFORMATIVE AND EXCITING YEARS OF YOUR LIFE. STUDENT LIFE EXISTS TO ENHANCE CAMPUS LIFE THROUGH EXCEPTIONAL PROGRAMS THAT ENCOURAGE LEADERSHIP, UNITY, SERVICE AND CHRISTIAN FAITH. ACADEMICALLY, SOCIALLY AND SPIRITUALLY, WE DESIRE THAT YOU BECOME THE INDIVIDUAL GOD HAS CALLED YOU TO BE WHILE ENJOYING THE JOURNEY ALONG THE WAY. 9371919 83368 28939463 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 83 0 1 465 1 1 1 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 GA X THE ORGANIZATION 7068652134 100 ALUMNI DRIVE CLEVELAND GA 305281264 MR KEVIN COOKE TRUSTEE 1.00 X 0 0 0 MR BRAD HUGHES TRUSTEE 1.00 X 0 0 0 MR JAMES USRY TRUSTEE 1.00 X 0 0 0 PASTOR KEITH JOSEPH TRUSTEE 1.00 X 0 0 0 REP MATTHEW GAMBILL TRUSTEE 1.00 X 0 0 0 REV MATTHEW SLEMP TRUSTEE 1.00 X 0 0 0 DR FRANK COX TRUSTEE 1.00 X 0 0 0 DR GEOFF PROWS TRUSTEE 1.00 X 0 0 0 MR CALVIN THOMPSON TRUSTEE 1.00 X 0 0 0 PASTOR CARL MARSHALL TRUSTEE 1.00 X 0 0 0 PASTOR JERRY ADAIR TRUSTEE 1.00 X 0 0 0 MR MARTY HARBIN TRUSTEE 1.00 X 0 0 0 MR JEFF WARWICK TRUSTEE 1.00 X 0 0 0 MRS JULIE DOROUGH TRUSTEE 1.00 X 0 0 0 DR MAC BRUNSON TRUSTEE 1.00 X 0 0 0 PASTOR BRIAN WELCH TRUSTEE 1.00 X 0 0 0 MR SAM TEASLEY TRUSTEE 1.00 X 0 0 0 MR JOHNNY SUTTON TRUSTEE 1.00 X 0 0 0 MR ROD MARTIN TRUSTEE 1.00 X 0 0 0 PASTOR BRAD WATERS TRUSTEE 1.00 X 0 0 0 PASTOR HARRIS MALCOM TRUSTEE 1.00 X 0 0 0 PASTOR JOHNNY NIX TRUSTEE 1.00 X 0 0 0 MR DARRELL BEASLEY TRUSTEE 1.00 X 0 0 0 MR B MILES HANNAN TRUSTEE 1.00 X 0 0 0 DR ROBBY FOSTER TRUSTEE 1.00 X 0 0 0 MR TERRY WILLIAMS TRUSTEE 1.00 X 0 0 0 MR TOM ABERNATHY TRUSTEE 1.00 X 0 0 0 PASTOR VIC FORDHAM TRUSTEE 1.00 X 0 0 0 MR PHILLIP JONES TRUSTEE 1.00 X 0 0 0 REV BUCKY KENNEDY TRUSTEE 1.00 X 0 0 0 DR EMIR F CANER PRESIDENT 40.00 X 301549 0 65722 DR JASON GRAFFAGNINO VP FINANCE & OPERATIONS 40.00 X 87878 0 74900 389427 0 140622 1 0 1 0 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 CAMPUS DINING SERVICES 1321480 1 16191 1048082 3492561 4522477 9079311 TUITION AND FEES 611600 23058571 23058571 AUXILIARY ENTERPRISES 611600 5192501 5094045 98456 STUDENT SERVICES 611600 83368 83368 28334440 585777 585777 1202792 1190747 12045 12045 12045 0 16191 6100 -6100 -6100 38005473 28235984 98456 591722 7161474 7161474 826014 826014 438870 87774 287367 63729 9102944 7431297 1545723 125924 351992 245620 96633 9739 2397124 1920719 450873 25532 588662 463873 118065 6724 5165 5165 72787 72787 16398 16398 997409 395987 601422 432584 224710 196009 11865 578767 327938 247641 3188 816372 740761 69665 5946 1301406 1298590 2816 1822008 1696664 125344 OPERATIONS AND MAINTENA 3395660 2903142 492518 FOOD AND DINING SERVICE 1509773 1509773 CONTRACTED SERVICES 1297514 811382 486132 STUDENT SUPPLIES AND MA 571456 571456 673189 322289 283142 67758 34357568 28939463 5097700 320405 5866036 6392315 522304 943380 58365007 19845456 37746347 38519551 2573819 5086419 3894595 4033315 2392729 2344742 52995830 57319722 936480 1494455 684401 395250 25293595 24822255 328213 612130 27242689 27324090 X 17444627 20948219 8308514 9047413 25753141 29995632 52995830 57319722 X 3647905 109430 485156 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2469767 3078499 313465 106655 5755076 2385609 541697 -352151 105388 2469767 2026503 15322 428226 84442 2385609 2012698 45324 49646 81165 2026503 1911441 82101 88343 69187 2012698 0.54000 0.46000 0 1 1 4917086 4917086 40519744 13653806 26865938 4836003 1147141 3688862 7001875 4582992 2418883 1090299 461517 628782 38519551 PERPETUAL TRUSTS 3742398 F TRUST RECEIVABLE 290917 C 4033315 CAPITAL LEASE OBLIGATIONS 231953 RIGHT OF USE LIABILITY 380177 612130 X 30602273 109430 491256 600686 30001587 16398 7987488 8003886 38005473 26359782 6100 6100 26353682 16398 7987488 8003886 34357568 PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF 57 DONOR RESTRICTED FUNDS ESTABLISHED FOR SCHOLARSHIPS AND LIBRARY MAINTENANCE. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, TRUETT MCCONNELL UNIVERSITY IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. COLLECTIVELY, THE UNIVERSITY DOES NOT HAVE ANY UNRELATED BUSINESS INCOME. THE UNIVERSITY UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30 2023 AND 2022, THE UNIVERSITY HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENT 126,646. GOLF TOURNAMENT EXPENSES 6,100. GAIN ON INVOLUNTARY CONVERSION 358,510. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL ASSISTANCE 7,987,488. PART XII, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES 6,100. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS AND FINANCIAL ASSISTANCE 7,987,488. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE UNIVERSITY INCLUDES A STATEMENT REGARDING THEIR NONDISCRIMINATORY POLICY IN ALL PUBLICATIONS, HANDBOOKS AND CATALOGS. IT IS ALSO PUBLISHED ON THE UNIVERSITY'S WEBSITE. 0 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 GRANTS 47586 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTS 48938 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 GRANTS 238894 RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 0 0 GRANTS 84780 SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 0 0 GRANTS 98596 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 GRANTS 278692 NORTH AMERICA 0 0 GRANTS 3888 SOUTH ASIA 0 0 GRANTS 24640 0 0 0 0 0 0 826014 0 826014 SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 2 47586 ON STUDENT ACCOUNT FMV SCHOLARSHIPS EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 3 48938 ON STUDENT ACCOUNT FMV SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU 12 238894 ON STUDENT ACCOUNT FMV SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, 3 84780 ON STUDENT ACCOUNT FMV SCHOLARSHIPS SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, 5 98596 ON STUDENT ACCOUNT FMV SCHOLARSHIPS SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 14 278692 ON STUDENT ACCOUNT FMV SCHOLARSHIPS NORTH AMERICA 1 3888 ON STUDENT ACCOUNT FMV SCHOLARSHIPS SOUTH ASIA 1 24640 ON STUDENT ACCOUNT FMV 0 0 0 0 0 0 PART I, LINE 2: THE GRANTS REPORTED IN PART III ARE SCHOLARSHIPS TO STUDENTS. THE USE OF SCHOLARSHIPS IS CONTROLLED BY APPLYING SUCH AMOUNTS DIRECTLY AGAINST BALANCES OWED BY THE STUDENT FOR TUITION, FEES AND OTHER QUALIFYING EDUCATIONAL EXPENSES. PART III ACCOUNTING METHOD: GOLF TOURNAMENT 16191 16191 4600 1500 16191 16191 4600 1500 6100 -6100 1 SCHOLARSHIPS AND FINANCIAL ASSISTANCE 863 7161474 PART I, LINE 2: FINANCIAL AID IS AWARDED BASED ON NUMEROUS CRITERIA, SUCH AS ATHLETIC ABILITY, MUSICAL TALENT, SAT OR ACT SCORES, AND FINANCIAL NEED. X 1 1 X 0 0 0 0 0 0 0 0 0 DR EMIR F CANER PRESIDENT 301549 0 0 0 0 0 38238 0 27484 0 367271 0 0 0 DR JASON GRAFFAGNINO VP FINANCE & OPERATIONS 87878 0 0 0 0 0 8416 0 66484 0 162778 0 0 0 PART I, LINE 1A AS A CONDITION OF THE PRESIDENT'S EMPLOYMENT, THE SCHOOL PROVIDES THE PRESIDENT WITH A RESIDENCE ON THE SCHOOL'S PREMISES, FOR THE SCHOOL'S CONVENIENCE. A DOWNTOWN DEVELOPMENT AUTHORITY OF CLEVELAND 521780214 2006-11-02 1625000 PURCHASE AND DEVELOPMENT OF REAL ESTATE AND STUDENT APARTMENT COMPLEX. 0 0 0 B DEVELOPMENT AUTHORITY OF WHITE COUNTY 96366FAC6 2019-12-19 24625000 PURCHASE AND DEVELOPMENT OF REAL ESTATE AND STUDENT APARTMENT COMPLEX. 0 0 0 A 820869 1625000 1625000 2006 0 0 1 1 B 24625000 659220 24625000 2020 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 A 0 B 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WAS REVIWED BY THE VICE PRESIDENT FOR FINANCE AND OPERATIONS AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL MEMBERS OF THE BOARD, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES COMPLETE A CONFLICT OF INTEREST DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15A THE PREDISENT'S COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES. COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED DURING THE BUDGET PROCESS. THE ANNUAL BUDGET IS APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 18 THE UNIVERSITY MAKES ITS FORM 990 AND FORM 990-T AVAILABLE ON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 126,646. GAIN ON INVOLUNTARY CONVERSION 358,510. GEORGIA BAPTIST CONVENTION 6405 SUGARLOAF PARKWAY DULUTH GA 30097 580566245 CHURCH GA 501(C)(3) LINE 1 0 GEORGIA BAPTIST FOUNDATION INC 6405 SUGARLOAF PARKWAY DULUTH GA 30097 586030046 TRUST AGENCY FOR ENDOWMENTS GA 501(C)(3) LINE 7 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 GEORGIA BAPTIST CONVENTION C 1048082 BOOK GEORGIA BAPTIST FOUNDATION INC M 16398 BOOK