Totals
- Total revenue
- $51,610,623
- Total expenses
- $57,669,419
- Contributions and grants received
- $4,834,456
- Grants paid
- $24,829,361
- Program service revenue
- $44,846,058
- Investment income
- $1,793,368
- Other revenue
- $136,741
- Total assets, end of year
- $161,689,351
- Total liabilities, end of year
- $47,829,140
- Net assets or fund balances, end of year
- $113,860,211
- Program services expenses (Part IX)
- $46,500,495
- Management and general expenses
- $10,173,241
- Fundraising expenses
- $995,683
- Program service expenses (Part III)
- $46,500,495
Program services were 80.6% 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.
-
1c · Fundraising events
$432,147
-
1e · Government grants (contributions)
$980,866
-
1f · All other contributions, gifts and grants
$3,421,443
-
1g · Noncash contributions included above
$393,604
-
2a · Program service revenue: TUITION AND FEES
total $34,293,055 · related or exempt $34,293,055
-
2b · Program service revenue: RESIDENCE HALLS
total $8,390,299 · related or exempt $8,390,299
-
2c · Program service revenue: CONFERENCES
total $962,963 · related or exempt $962,963
-
2d · Program service revenue: OTHER
total $773,333 · related or exempt $773,333
-
2e · Program service revenue: BOOKSTORE SALES
total $274,161 · related or exempt $274,161
-
2f · All other program service revenue
total $152,247 · related or exempt $152,247
-
3 · Investment income
total $809,739 · unrelated business -$16,188 · excluded $825,927
-
6a · Gross rents
real property $148,782
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $148,782
-
6d · Net rental income or loss
total $148,782 · excluded $148,782
-
7a · Gross sales of assets other than inventory
securities $985,887
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $2,258
-
7c · Gain or loss
securities $985,887 · other assets -$2,258
-
7d · Net gain or loss
total $983,629 · related or exempt -$2,258 · excluded $985,887
-
8a · Fundraising events: gross income
$7,720
-
8a · Fundraising events: contributions included on line 1c
$432,147
-
8b · Fundraising events: direct expenses
$19,761
-
8c · Net income from fundraising events
total -$12,041 · excluded -$12,041
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $24,829,361 · program services $24,829,361
-
5 · Compensation of officers, directors and key employees
total $969,782 · program services $293,359 · management and general $676,423
-
7 · Other salaries and wages
total $11,135,253 · program services $8,969,446 · management and general $1,567,844 · fundraising $597,963
-
8 · Pension plan contributions
total $451,242 · management and general $451,242
-
9 · Other employee benefits
total $1,781,669 · program services $87,658 · management and general $1,694,011
-
10 · Payroll taxes
total $969,490 · management and general $969,490
-
11f · Fees: investment management
total $17,220 · management and general $17,220
-
11g · Fees: other
total $3,049,215 · program services $807,737 · management and general $2,216,474 · fundraising $25,004
-
12 · Advertising and promotion
total $158,440 · program services $52,317 · management and general $42,890 · fundraising $63,233
-
13 · Office expenses
total $797,038 · program services $554,659 · management and general $152,872 · fundraising $89,507
-
14 · Information technology
total $556,849 · program services $147,509 · management and general $404,774 · fundraising $4,566
-
16 · Occupancy
total $1,458,922 · program services $1,339,874 · management and general $119,048
-
17 · Travel
total $854,226 · program services $725,580 · management and general $93,025 · fundraising $35,621
-
20 · Interest
total $1,457,096 · program services $1,457,096
-
21 · Payments to affiliates
total $2,685,494 · program services $2,462,598 · management and general $222,896
-
23 · Insurance
total $756,309 · management and general $756,309
-
24a · Other expenses: CAFETERIA EXPENSE
total $2,276,720 · program services $2,276,720
-
24b · Other expenses: PROGRAM EXPENSES
total $1,732,128 · program services $1,297,711 · management and general $306,413 · fundraising $128,004
-
24c · Other expenses: EQUIP RENTAL & MAINTENA
total $700,248 · program services $360,698 · management and general $339,200 · fundraising $350
-
24d · Other expenses: LEASE AND CONTRACT EXPE
total $696,006 · program services $521,448 · management and general $123,123 · fundraising $51,435
-
24e · All other expenses
total $336,711 · program services $316,724 · management and general $19,987
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $17,010,145 · end of year $16,579,228
-
3 · Pledges and grants receivable
beginning of year $4,041,616 · end of year $2,720,099
-
4 · Accounts receivable
beginning of year $561,650 · end of year $494,907
-
7 · Other notes and loans receivable
beginning of year $2,257,806 · end of year $645,791
-
8 · Inventories for sale or use
beginning of year $274,782 · end of year $278,747
-
9 · Prepaid expenses and deferred charges
beginning of year $151,460 · end of year $144,601
-
10a · Land, buildings and equipment: cost or other basis
$122,476,726
-
10b · Land, buildings and equipment: accumulated depreciation
$51,071,873
-
10c · Land, buildings and equipment, net
beginning of year $67,986,058 · end of year $71,404,853
-
11 · Investments: publicly traded securities
beginning of year $3,849,698 · end of year $2,082,586
-
12 · Investments: other securities
beginning of year $59,403,766 · end of year $58,326,609
-
15 · Other assets
beginning of year $8,458,534 · end of year $9,011,930
-
17 · Accounts payable and accrued expenses
beginning of year $3,983,841 · end of year $3,596,441
-
19 · Deferred revenue
beginning of year $372,555 · end of year $252,151
-
23 · Secured mortgages and notes payable
beginning of year $41,402,801 · end of year $41,596,451
-
25 · Other liabilities
beginning of year $2,125,826 · end of year $2,384,097
-
27 · Net assets without donor restrictions
beginning of year $32,966,063 · end of year $31,625,772
-
28 · Net assets with donor restrictions
beginning of year $83,144,429 · end of year $82,234,439
Mission and programs · 2023
Mission
MARS HILL UNIVERSITY, AN ACADEMIC COMMUNITY ROOTED IN THE CHRISTIAN FAITH, CHALLENGES AND EQUIPS STUDENTS TO PURSUE INTELLECTUAL, SPIRITUAL, AND PERSONAL GROWTH THAT IS: GROUNDED IN A RIGOROUS STUDY OF THE LIBERAL ARTS, CONNECTED WITH THE WORLD OF WORK, AND COMMITTED TO CHARCTER DEVELOPMENT, TO SERVICE, AND TO RESPONSIBLE CITIZENSHIP IN THE COMMUMITY, THE REGION, AND THE WORLD.
Activities or mission (Part I)
THE ORGANIZATION IS A PRIVATE LIBERAL ARTS UNIVESRITY OFFERING PROGRAMS LEADING TO FIVE DEGREES: BACHELOR OF ARTS, SCIENCE, MUSIC, SOCIAL WORK AND FINE ARTS.
-
INSTRUCTION - PRIVATE LIBERAL ARTS UNIVERSITY OFFERING PROGRAMS LEADING TO FIVE DEGREES: BACHELOR OF ARTS, SCIENCE, MUSIC, SOCIAL WORK, AND FINE ARTS. APPROXIMATELY 1,004 STUDENTS BENEFITED.
Expenses $42,917,864 · Grants $24,829,361 · Revenue $34,293,056
-
ACADEMIC SUPPORT - SERVICES THAT ARE AN INTEGRAL PART OF THE UNIVERSITY'S PRIMARY MISSION OF EDUCATION.
Expenses $1,302,776 · Revenue $9,777,411
-
PUBLIC SERVICE - ACTIVITIES ESTABLISHED PRIMARILY TO PROVIDE NON-INSTRUCTIONAL SERVICES TO GROUPS EXTERNAL TO THE UNIVERSITY.
Expenses $2,279,855 · Revenue $773,333
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brent TownsendBRENT TOWNSEND
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Anna RenfroANNA RENFRO
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
W Wayne HigginsW WAYNE HIGGINS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Paul PowellPAUL POWELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
John S AyersJOHN S AYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amanda BeattyAMANDA BEATTY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ron BrownRON BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Max BurginMAX BURGIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark CabanissMARK CABANISS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
M Kyle CarverM KYLE CARVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mike CranfordMIKE CRANFORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Julian CuthbertsonJULIAN CUTHBERTSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian DanforthBRIAN DANFORTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Will DavisWILL DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jameson DonnellJAMESON DONNELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Doug EcholsDOUG ECHOLS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn FergusonCAROLYN FERGUSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael V GroceMICHAEL V GROCE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gene HoldwayGENE HOLDWAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ac HoneycuttAC HONEYCUTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bud HughesBUD HUGHES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Don IcenhowerDON ICENHOWER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paula KahnPAULA KAHN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mike KellyMIKE KELLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Austin LeeAUSTIN LEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eric MannERIC MANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeff MilesJEFF MILES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl PappasCHERYL PAPPAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy R PressleyJEREMY R PRESSLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karen SmithKAREN SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marilyn TuckerMARILYN TUCKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
McKelle UlmMCKELLE ULM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tracy ParkinsonTRACY PARKINSON
PROVOST & VP FOR ENROLLMEN
- Total calculated
- $181,405
- From this org
- $165,000
- From related orgs
- $0
- Other
- $16,405
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $165,000
- Bonus
- $0
- Other
- $0
- Deferred
- $8,250
- Nontaxable benefits
- $8,155
- Filer's total
- $181,405
-
Tony FloydTONY FLOYD
PRESIDENT
- Total calculated
- $301,611
- From this org
- $280,000
- From related orgs
- $0
- Other
- $21,611
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $280,000
- Bonus
- $0
- Other
- $0
- Deferred
- $13,277
- Nontaxable benefits
- $8,334
- Filer's total
- $301,611
-
Roger SlagleROGER SLAGLE
VP-FINANCE
- Total calculated
- $164,325
- From this org
- $150,000
- From related orgs
- $0
- Other
- $14,325
- Hours/week
- 43
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $0
- Other
- $0
- Deferred
- $6,875
- Nontaxable benefits
- $7,450
- Filer's total
- $164,325
-
Dave RozeboomDAVE ROZEBOOM
VP-STUDENT LIFE
- Total calculated
- $137,443
- From this org
- $123,439
- From related orgs
- $0
- Other
- $14,004
- Hours/week
- 43
-
Greta ByrdGRETA BYRD
VP-INSTITUTIONAL ADVANCEMENT
- Total calculated
- $129,972
- From this org
- $127,625
- From related orgs
- $0
- Other
- $2,347
- Hours/week
- 43
-
Daniel WrightDANIEL WRIGHT
VP-FINANCE
- Total calculated
- $0
- Hours/week
- 43
-
Grainger CaudleGRAINGER CAUDLE
SENIOR DIRECTOR OF PLANNING & STRATEGY
- Total calculated
- $133,002
- From this org
- $118,781
- From related orgs
- $0
- Other
- $14,221
- Hours/week
- 43
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
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 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
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521059349302667
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