Truett McConnell University
Truett McConnell University reported $33.6 million in revenue and $34.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.60 went to program services, $13.88 to management and general costs and $1.52 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.1% of the total. The highest compensation it reported for one person was $484,038 (PRESIDENT). 5 people received more than $100,000 in reportable compensation. Revenue rose 19% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $35MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $34M- Contributions & grants (non-government)$10.64 $3.6M
- Government grants$0.28 $94,822
- Program service revenue$87.78 $30M
- Investment income$1.30 $439K
Other revenue was negative: −$121K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.14 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 11.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 88.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $484,038 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.39% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 30 of 30 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseInstruction - the mission of Truett Mcconnell University is to equip students with the truth, through a bibilically-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 fifty baccalaureate majors in the fields of…
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
Auxiliary enterprises - your experiences as a tmu student are some of the most transformative and excitiyin 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 spritually, we diesire that you become the individual god has called you to be while enjoying the journey along the way. 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…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $413,370 | $0 | $70,668 | $484,038 |
| VP OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $154,690 | $0 | $13,564 | $168,254 |
| VP FOR STUDENT LIFE & ATHL Highest compensated employee, 40.00 hrs/week | $131,556 | $0 | $12,054 | $143,610 |
| VP FINANCE & OPERATIONS Officer, 40.00 hrs/week | $122,877 | $0 | $15,082 | $137,959 |
| CHAIR OF NURSING Highest compensated employee, 40.00 hrs/week | $102,703 | $0 | $5,407 | $108,110 |
5 people received more than $100,000 in reportable compensation from Truett McConnell University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $581K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b30 · 30 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5479
- Volunteers Part I, line 640
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| CREATIVE DINING SERVICES INC Campus dining services | $2,158,517 |
| SCROGGS & GRIZZEL CONTRACTING INC Construction | $1,274,436 |
| JENZABAR INC Software provider | $337,282 |
| KELLY TOURS INC Transportation | $198,585 |
| RUFFALO NOEL LEVITZ LLC Enrollment management | $181,754 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Private foundation grants it received
9 private foundations reported grants to Truett McConnell University totaling $95,156 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Truett McConnell University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Truett McConnell University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Truett McConnell University spent in FY2025, $84.60 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cannon SchoolConcord, NC · revenue $34M · programs 77.1% · FY2025
- Cary AcademyCary, NC · revenue $34M · programs 83.5% · FY2025
- Faculty AssociatesGainesville, FL · revenue $34M · programs 100.0% · FY2025
- Hilbert CollegeHamburg, NY · revenue $34M · programs 84.7% · FY2025
- New Foundations Charter SchoolPhiladelphia, PA · revenue $34M · programs 68.0% · FY2025
Questions people ask
How much of Truett McConnell University's spending goes to programs?
In the fiscal year ending June 30, 2025, Truett McConnell University reported that 84.6% of its $34.9 million in expenses went to program services, 13.9% to management and general and 1.5% to fundraising (Form 990, Part IX).
How much does Truett McConnell University pay its top executive?
The largest total compensation Truett McConnell University reported for one person in the fiscal year ending June 30, 2025 was $484,038, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Truett McConnell University get its money?
Of $33.6 million in revenue in the fiscal year ending June 30, 2025, 11.0% came from contributions and grants (including 0.3% from government grants) and 88.1% from program service revenue (Form 990, Part VIII).
Is Truett McConnell University a registered charity?
The IRS lists EIN 58-0531392 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641329349304759 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349308510 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349310784 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349302254 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231179349301958 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131389349300608 · read the filing
All filings for EIN 58-0531392: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.