JOHNSON UNIVERSITY

EIN: 626001104 501(c)(3) Education

KNOXVILLE, TN

Total Revenue
$30,338,363
Total Expenses
$35,856,975
Total Assets
$281,292,822
Net Assets
$243,185,812
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1893
Legal Domicile
TN
Principal Officer
CYNTHIA T BARNARD
Phone
8655734517
Tax Period
2024-07-01 to 2025-06-30

JOHNSON UNIVERSITY, founded in 1893, is a mid-sized nonprofit in the Education sector that reported $30.3M in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $35.9M exceeded revenue, resulting in a 18% operating deficit.

Mission

JOHNSON UNIVERSITY IS A PRIVATE, COEDUCATIONAL INSTITUTION OF HIGHER LEARNING OFFERING ASSOCIATE, BACHELOR'S, MASTER'S AND DOCTORAL DEGREES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,710,405
Program Service Revenue $22,626,073
Investment Income $3,001,885
Other Revenue $0
TOTAL REVENUE $30,338,363

Expense Breakdown

Grants Paid $4,904,962
Salaries & Benefits $16,605,977
Fundraising Expenses $1,418,658
Program Expenses $28,859,468
Other Expenses $14,346,036
TOTAL EXPENSES $35,856,975

Year-over-Year Comparison

2024 2023 Change
Revenue $30,338,363 $43,677,734 -0.3%
Expenses $35,856,975 $31,783,244 +0.1%
Net Income $-5,518,612 $11,894,490 -1.5%
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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Governance

Voting Members
14
Independent Members
14
Employees
818
Volunteers
415

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
10
$780,331
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD E WOODS CHAIRMAN 1.00
Officer Director
$0 $0 $0
SAM WIDENER TRUSTEE 1.00
Director
$0 $0 $0
BILL WANG TRUSTEE 1.00
Director
$0 $0 $0
DREW MENTZER TRUSTEE 1.00
Director
$0 $0 $0
MARK HARRELL TRUSTEE 1.00
Director
$0 $0 $0
GREGORY J GRANT VICE - CHAIRMAN 1.00
Officer Director
$0 $0 $0
KENNETH R FUNK TRUSTEE 1.00
Director
$0 $0 $0
SCOTT EYNON TRUSTEE 1.00
Director
$0 $0 $0
VANESSA WATKINS TRUSTEE 1.00
Director
$0 $0 $0
KEVIN DUVAL TRUSTEE 1.00
Director
$0 $0 $0
MARTHA R ALLIGOOD TRUSTEE 1.00
Director
$0 $0 $0
JEFF WHITLOCK SR SECRETARY 1.00
Officer Director
$0 $0 $0
W PERRY BAILEY TRUSTEE 1.00
Director
$0 $0 $0
PAUL T COLEMAN ATTORNEY LEGAL COUNSEL; EX-OFFICIO 1.00
Director
$0 $0 $0
JEFF CASE TRUSTEE 1.00
Director
$0 $0 $0
DANIEL OVERDORF PRESIDENT 50.00
Officer
$100,224 $15,632 $115,856
WILBUR REID VP FOR CAMPUS SERVICES 50.00
Officer
$97,432 $12,198 $109,630
GREG LINTON VP FOR ACADEMIC AFFAIRS/PR 50.00
Officer
$114,535 $5,702 $120,237
ANDREW FRAZIER VP FOR STUDENT LIFE/DEAN O 50.00
Officer
$77,143 $13,183 $90,326
RICHARD CLARK VP FOR ADVANCEMENT 50.00
Officer
$106,489 $8,247 $114,736
CYNTHIA T BARNARD VP FOR BUSINESS AND FINANC 50.00
Officer
$97,606 $19,059 $116,665
MARVIN ELLIOT SPECIAL ASSISTANT TO THE PRESIDENT 1.00
Officer
$101,810 $11,071 $112,881
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 $30,338,363 $35,856,975 $281,292,822 $-5,518,612
2024 $43,677,734 $31,783,244 $270,018,450 $11,894,490
2023 $27,750,840 $29,854,189 $237,444,907 $-2,103,349
2022 $27,596,664 $28,813,221 $236,951,483 $-1,216,557
2021 $29,012,532 $25,909,161 $248,488,320 $3,103,371
2020 $23,965,499 $25,559,449 $208,740,232 $-1,593,950
2019 $23,098,893 $25,842,563 $211,508,186 $-2,743,670
2018 $23,020,169 $24,588,885 $207,004,296 $-1,568,716
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