Form 990 for tax year 2024
Filed by WILLIAM R MOORE COLLEGE OF TECHNOLOGY.
Totals
- Total revenue
- $6,052,504
- Total expenses
- $6,633,141
- Contributions and grants received
- $1,690,588
- Grants paid
- $958,639
- Program service revenue
- $3,644,600
- Investment income
- $372,712
- Other revenue
- $344,604
- Total assets, end of year
- $9,435,972
- Total liabilities, end of year
- $1,705,645
- Net assets or fund balances, end of year
- $7,730,327
- Program services expenses (Part IX)
- $6,089,682
- Management and general expenses
- $543,459
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $6,089,682
Program services were 91.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$98,387
-
1f · All other contributions, gifts and grants
$1,592,201
-
2a · Program service revenue: TUITION & FEES
total $3,644,600 · related or exempt $3,644,600
-
3 · Investment income
total $142,391 · excluded $142,391
-
7a · Gross sales of assets other than inventory
securities $694,402
-
7b · Less cost or other basis and sales expenses
securities $464,081
-
7c · Gain or loss
securities $230,321
-
7d · Net gain or loss
total $230,321 · excluded $230,321
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $344,604 · related or exempt $344,604
-
11e · Other revenue, total
$344,604
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $958,639 · program services $958,639
-
5 · Compensation of officers, directors and key employees
total $579,520 · program services $376,362 · management and general $203,158
-
7 · Other salaries and wages
total $2,322,740 · program services $2,322,740
-
8 · Pension plan contributions
total $157,954 · program services $146,898 · management and general $11,056
-
10 · Payroll taxes
total $224,485 · program services $208,771 · management and general $15,714
-
11d · Fees: lobbying
total $35,000 · program services $35,000
-
11f · Fees: investment management
total $36,371 · management and general $36,371
-
11g · Fees: other
total $338,451 · program services $302,241 · management and general $36,210
-
12 · Advertising and promotion
total $9,348 · program services $8,226 · management and general $1,122
-
13 · Office expenses
total $79,568 · program services $59,282 · management and general $20,286
-
14 · Information technology
total $29,837 · management and general $29,837
-
16 · Occupancy
total $350,395 · program services $287,746 · management and general $62,649
-
17 · Travel
total $27,063 · program services $23,815 · management and general $3,248
-
20 · Interest
total $87,314 · program services $87,314
-
22 · Depreciation, depletion and amortization
total $248,125 · program services $210,907 · management and general $37,218
-
23 · Insurance
total $491,312 · program services $432,353 · management and general $58,959
-
24a · Other expenses: DEPARTMENT EXPENSE
total $467,434 · program services $467,434 · management and general $0
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $120,563 · program services $106,095 · management and general $14,468
-
24c · Other expenses: MISCELLANEOUS EXPENSE
total $23,293 · program services $23,293 · management and general $0
-
24d · Other expenses: FINANCIAL AID PROCESSIN
total $23,028 · program services $23,028 · management and general $0
-
24e · All other expenses
total $22,701 · program services $9,538 · management and general $13,163
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $809,467 · end of year $683,988
-
3 · Pledges and grants receivable
beginning of year $68,266 · end of year $284,900
-
4 · Accounts receivable
beginning of year $111,416 · end of year $186,964
-
10a · Land, buildings and equipment: cost or other basis
$7,169,972
-
10b · Land, buildings and equipment: accumulated depreciation
$5,119,371
-
10c · Land, buildings and equipment, net
beginning of year $2,298,726 · end of year $2,050,601
-
11 · Investments: publicly traded securities
beginning of year $6,284,152 · end of year $6,092,173
-
13 · Investments: program-related
beginning of year $64,575 · end of year $73,529
-
15 · Other assets
beginning of year $0 · end of year $63,817
-
17 · Accounts payable and accrued expenses
beginning of year $147,130 · end of year $105,611
-
19 · Deferred revenue
beginning of year $35,473 · end of year $132,502
-
23 · Secured mortgages and notes payable
beginning of year $1,403,715 · end of year $1,403,715
-
25 · Other liabilities
beginning of year $0 · end of year $63,817
-
27 · Net assets without donor restrictions
beginning of year $1,689,505 · end of year $1,097,561
-
28 · Net assets with donor restrictions
beginning of year $6,360,779 · end of year $6,632,766
Mission and programs · 2024
Mission
THE COLLEGE PROVIDES STUDENTS WITH THE TRAINING AND SKILLS NECESSARY TO BECOME SUCCESSFUL IN BUSINESS AND INDUSTRY. IT IS THE GOAL OF THE COLLEGE TO PROVIDE STUDENTS WITH A WORKING KNOWLEDGE OF THE SKILLS NEEDED TO ENTER EMPLOYMENT IN THE PROGRAM AREA OF THEIR CHOICE.
Activities or mission (Part I)
SEE SCHEDULE O
-
SEE SCHEDULE O
Expenses $6,089,682 · Grants $958,639 · Revenue $3,989,204
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ben WingfieldBEN WINGFIELD
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Belinda AndersonBELINDA ANDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Bena CatesBENA CATES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Chris EwingCHRIS EWING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Will GrahamWILL GRAHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jimmie HarwoodJIMMIE HARWOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Ben KerasBEN KERAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
James KirkwoodJAMES KIRKWOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Rusty LinkousRUSTY LINKOUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Dede MalmoDEDE MALMO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tim MayTIM MAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mario RayMARIO RAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
S Clay SmytheS CLAY SMYTHE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Farrar VaughnFARRAR VAUGHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tom WackTOM WACK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Stanley E RedmondSTANLEY E REDMOND
PRESIDENT
- Total calculated
- $242,781
- From this org
- $216,682
- From related orgs
- $0
- Other
- $26,099
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,682
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,099
- Filer's total
- $242,781
-
Jerry JohnsonJERRY JOHNSON
CHIEF FINANCIAL OFFICER
- Total calculated
- $203,246
- From this org
- $177,147
- From related orgs
- $0
- Other
- $26,099
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,147
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,099
- Filer's total
- $203,246
-
Karen TreasKAREN TREAS
CHIEF ADMISTRATIVE OFFICER
- Total calculated
- $204,282
- From this org
- $195,659
- From related orgs
- $0
- Other
- $8,623
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,659
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,623
- Filer's total
- $204,282
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE PRESIDENT'S COMPENSATION IS DECIDED AND APPROVED BY THE BOARD OF TRUSTEES.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SMITH & HALL MANUFACTURING INC
C · MACHINERY & WELDING · TN · 100% owned · share of income $4,011 · share of assets $1,172
Directly controlled by WILLIAM R MOORE COLLEGE OF TECHNOLOGY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 July 2026
- IRS schema version
- 2024v5.5
- Source object
- 202632019349301138
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