CROWN COLLEGE

EIN: 621504678 501(c)(3)

POWELL, TN

Total Revenue
$11,316,436
Total Expenses
$10,598,374
Total Assets
$17,951,693
Net Assets
$5,626,738
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
TN
Principal Officer
RAY GONSALVES
Phone
8659388186
Tax Period
2023-07-01 to 2024-06-30

CROWN COLLEGE, founded in 1991, is a mid-sized nonprofit that reported $11.3M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $10.6M left a modest 6% surplus.

Mission

THE MISSION OF THE CROWN COLLEGE OF THE BIBLE IS TO TRAIN MEN AND WOMEN TO FOLLOW THE LORD JESUS CHRIST AND TO EQUIP THEM TO FULFIL HIS PURPOSE BY PROVIDING EDUCATION IN WHICH CHRIST IS PREEMINENT, AND WHERE THE HIGHEST ACADEMICS ARE UNITED WITH MINISTRY APPLICATION FOR THE SOLE PURPOSE OF GLORIFYING THE LORD JESUS CHRIST. THE MISSION CONTINUES AS GRADUATES OF THE CROWN COLLEGE OF THE BIBLE TRAIN OTHERS.

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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 $3,269,039
Program Service Revenue $7,928,684
Investment Income $19,931
Other Revenue $98,782
TOTAL REVENUE $11,316,436

Expense Breakdown

Grants Paid $1,090,857
Salaries & Benefits $3,569,720
Fundraising Expenses $41,311
Program Expenses $7,738,971
Other Expenses $5,937,797
TOTAL EXPENSES $10,598,374

Year-over-Year Comparison

2023 2022 Change
Revenue $11,316,436 $10,331,576 +0.1%
Expenses $10,598,374 $9,512,439 +0.1%
Net Income $718,062 $819,137 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
183
Volunteers
N/A

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
6
$428,125
Total Directors
9
$62,300
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN STANCIL TRUSTEE 1.00
Director
$0 $0 $0
AARON BOESE TRUSTEE 1.00
Director
$0 $0 $0
ROGER GREEN TRUSTEE 1.00
Director
$0 $0 $0
ANDREW PADGETT SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT PAINTER TRUSTEE 1.00
Director
$0 $0 $0
SUZANNE RAPER TRUSTEE 1.00
Director
$0 $0 $0
DARREN WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
WINSTON CARROLL TRUSTEE 1.00
Director
$0 $0 $0
CLARENCE G SEXTON PRESIDENT/CEO 40.00
Officer Director
$2,300 $60,000 $62,300
TIMOTHY L TOMLINSON VP OF ADMINISTRATION 40.00
Officer
$81,127 $28,647 $109,774
LOYD K EWING ACADEMIC DEAN 40.00
Officer
$48,529 $0 $48,529
M SHANNON SEXTON VP OF OPERATIONS 40.00
Officer
$100,038 $9,378 $109,416
JAMES ZENKER EVP ADMINISTRATION 40.00
Officer
$70,609 $27,497 $98,106
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 $11,316,436 $10,598,374 $17,951,693 $718,062
2023 $10,331,576 $9,512,439 $19,225,835 $819,137
2022 $10,017,295 $9,762,179 $18,468,671 $255,116
2021 $8,650,181 $8,335,569 $16,563,165 $314,612
2020 $8,539,692 $8,138,770 $15,808,135 $400,922
2019 $9,473,628 $8,426,522 $15,524,638 $1,047,106
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