Trevecca Nazarene University

EIN: 620497990 501(c)(3) Education

Nashville, TN

Total Revenue
$90,662,658
Total Expenses
$88,581,185
Total Assets
$236,710,405
Net Assets
$135,785,946
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1935
Legal Domicile
TN
Phone
6152481200
Tax Period
2023-07-01 to 2024-06-30

Trevecca Nazarene University, founded in 1935, is a mid-sized nonprofit in the Education sector that reported $90.7M in total revenue in fiscal year 2023.

Mission

Trevecca Nazarene University is a private, coeducational, Christian liberal arts university. The university exists to carry out the educational mission of the church by means of academic programs that promote scholarship, critical reflection, thoughtful worship, and the preparation of students for lives of meaningful service in various careers.

Program Service Accomplishments

Program 1
Expenses: $46,285,714 Revenue: $63,667,990

Trevecca Nazarene University is a comprehensive, fully accredited, Christian university offering undergraduate, master's and doctoral degrees. The University offers 15 associate degrees, 74...

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Trevecca Nazarene University is a comprehensive, fully accredited, Christian university offering undergraduate, master's and doctoral degrees. The University offers 15 associate degrees, 74 baccalaureate degrees, 25 master's programs, and 3 doctoral programs as well as one specialist and three certificate programs in a number of fields including business, science, health care, education, counseling, religion, music, leadership, and library and information sciences. Trevecca launched four new online master's programs this year to continue equipping servant leaders in a variety of fields. The master's in Human Performance and Fitness equips students to pursue a variety of careers in strength and conditioning, human performance, health and fitness, personal training and exercise science. The Master of Public Health program will prepare future practitioners to step into leadership roles in the growing field of public health, with extensive training in management, organizational strategy and applied public health. A fully online option was added to Trevecca's Master of Arts in Teaching (MAT) program, allowing candidates to choose between attending traditional face-to-face classes or completing courses virtually. Trevecca has accepted an invitation to join the prestigious Carnegie Project on the Education Doctorate (CPED), an international network of more than 135 graduate schools of education and a leader in rethinking advanced educational preparation. The goal will be to continue to provide the most advanced and best practices for Trevecca's Ed.D. programs. Trevecca's physician assistant program continued a trend in outstanding graduate certification pass rates. The 2023 graduating PA class was Trevecca's third in a row to achieve a 100 percent first-time taker pass rate. Trevecca awards institutional, state, and federal financial aid assisting students in developing a plan for meeting their educational expenses. The Office of Financial Aid provides guidance and resources to help students and their families bridge the gap between a student's potential resources and the University's costs. The percentage of traditional undergraduate students receiving financial aid from any source was more than 90%.

Program 2
Expenses: $13,962,579 Revenue: $10,293,578

Student Services: The Center for Student Development provides students with programs to accompany their college career at all stages. From Freshmen LINK groups to career development counseling and...

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Student Services: The Center for Student Development provides students with programs to accompany their college career at all stages. From Freshmen LINK groups to career development counseling and internship programs, Career Services has everything students need to succeed. Career Services also offers job-search related strategy workshops, career exploration events, resume and interviewing education, mock interviews, business and etiquette dinners, assistance with graduate school admissions, career fairs, job postings and job referrals.

Program 3
Expenses: $13,062,248 Revenue: $1,491,156

Other student services areas: Counseling Center ITS (Information Technology Services) Registrar Security TNU Bookstore Library

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,999,724
Program Service Revenue $75,452,724
Investment Income $3,082,968
Other Revenue $1,127,242
TOTAL REVENUE $90,662,658

Expense Breakdown

Grants Paid $22,629,868
Salaries & Benefits $30,644,857
Fundraising Expenses $1,258,642
Program Expenses $77,691,256
Other Expenses $35,270,460
TOTAL EXPENSES $88,581,185

Year-over-Year Comparison

2023 2022 Change
Revenue $90,662,658 $93,236,096 0.0%
Expenses $88,581,185 $85,764,195 +0.0%
Net Income $2,081,473 $7,471,901 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
42
Independent Members
41
Employees
1145
Volunteers
47

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$673,794
Total Directors
48
$300,685
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Board Chairman 2.0
Officer Director
$0 $0 $0
N/A President 40.0
Officer Director
$144,983 $152,502 $297,485
N/A Board Vice Chair 1.0
Officer Director
$0 $0 $0
N/A Board Secretary 1.0
Officer Director
$0 $0 $0
N/A Secretary(Part Year)/Board Member 1.0
Officer Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member (Part Year) 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$1,750 $0 $1,750
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member (Part Year) 1.0
Director
$0 $0 $0
N/A Board Member (Part Year) 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member (Part Year) 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member (Part Year) 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$1,450 $0 $1,450
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member 1.0
Director
$0 $0 $0
N/A Board Member (Part Year) 1.0
Director
$0 $0 $0
N/A EVP Finance & Admin 40.0
Officer
$144,184 $36,402 $180,586
N/A Provost 40.0
Officer
$163,487 $32,236 $195,723
N/A Professor of Business 40.0
Highest
$134,160 $59,368 $193,528
N/A Dean of SOLIS 40.0
Highest
$150,109 $25,116 $175,225
N/A Professor of Business 40.0
Highest
$134,248 $25,895 $160,143
N/A Prof. Business/ Dir. MBA 40.0
Highest
$158,385 $4,530 $162,915
N/A ASC DeanOnlineLS 40.0
Highest
$135,706 $17,679 $153,385
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $90,662,658 $88,581,185 $236,710,405 $2,081,473
2023 $93,236,096 $85,764,195 $231,117,966 $7,471,901
2022 $96,180,255 $88,183,305 $238,062,092 $7,996,950
2021 $84,422,620 $75,954,816 $167,581,395 $8,467,804
2020 $78,491,593 $75,716,930 $152,472,010 $2,774,663
2019 $77,879,433 $72,712,273 $144,021,784 $5,167,160
2018 $70,981,069 $69,227,454 $135,813,654 $1,753,615
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