Blue Mountain College
- Assets
- $37.9m
- Revenue
- $21.5m
- Investments
- $0.0
- Employees
- 296
- Location
- Blue Mountain, MS
- Founding
- 11/1946
- Data as of
- 06/2021
- EIN
- 64-0325640
Organization Overview
Blue Mountain College is located in Blue Mountain, MS. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Blue Mountain College employed 296 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Mountain College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Blue Mountain College generated $21.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $18.2m during the year ending 06/2021. While expenses have increased by 8.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST STUDENTS IN DEVELOPING INTELLECTUAL INTEGRITY, ACADEMIC EXCELLENCE, SOCIAL AWARENESS, AND CHRISTIAN CHARACTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NUMBER OF STUDENTS SERVED THIS FISCAL YEAR WAS 1,072
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Barbara Childers Mcmillin Ex-Officio | Officer | 40 | $174,241 |
Dr Ronald Meeks Dir.-Biblica | 40 | $100,394 | |
Steve Robbins Chief Financ | Officer | 40 | $81,208 |
Dr Randy Bostick Member At La | OfficerTrustee | $0 | |
Mr Tommy Tapp Secretary | OfficerTrustee | $0 | |
Mr Jeff Cox Trustee | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Lawns Lawn Care | 6/29/21 | $108,247 |
Corinth Charters Sports Travel | 6/29/21 | $113,295 |
Apple Inc Computers/ipads | 6/29/21 | $219,470 |
Mmi Dining Systems Food Service | 6/29/21 | $995,185 |
Servicemaster Commercial Cleaning Janitorial Serv | 6/29/21 | $271,343 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,819,925 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,400,442 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,220,367 |
| Total Program Service Revenue | $12,824,653 |
| Investment income | $1,660,557 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,900 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,477,479 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,268,075 |
| Pension plan accruals and contributions | $351,694 |
| Other employee benefits | $433,738 |
| Payroll taxes | $376,943 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $66,067 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,397 |
| Office expenses | $122,805 |
| Information technology | $294,738 |
| Royalties | $0 |
| Occupancy | $417,039 |
| Travel | $450,471 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $268,237 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $599,499 |
| Insurance | $186,005 |
| All other expenses | $2,150,128 |
| Total functional expenses | $18,178,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,670,394 |
| Savings and temporary cash investments | $2,853,287 |
| Pledges and grants receivable | $253,345 |
| Accounts receivable, net | $884,496 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $35,364 |
| Prepaid expenses and deferred charges | $1,206 |
| Net Land, buildings, and equipment | $14,772,209 |
| Investments—publicly traded securities | $17,456,146 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $37,926,447 |
| Accounts payable and accrued expenses | $922,823 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $4,158,231 |
| Other liabilities | $224,717 |
| Total liabilities | $5,305,771 |
| Net assets without donor restrictions | $11,276,058 |
| Net assets with donor restrictions | $21,344,618 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $37,926,447 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Blue Mountain College has recieved totaling $116,837.
| Awarding Organization | Amount |
|---|---|
John H Smith Jr & Jeanette M Smith Charitable Foundation Louisville, KY PURPOSE: GENERAL CHARITABLE | $49,358 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,000 |
Womans Missionary Union Foundation Birmingham, AL PURPOSE: GENERAL SUPPORT FOR RELIGIOUS EDUCATION & MINISTRIES | $11,036 |
Grace Foundation Of Memphis Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $10,000 |
Amory Outreach Foundation Inc Amory, MS PURPOSE: SCHOLARSHIP GALA | $10,000 |
First Baptist Church Foundation Of Laurel Inc Laurel, MS PURPOSE: SCHOLARSHIPS | $6,000 |
Endowment Analysis
| Beg. Balance | $19,185,526 |
| Earnings | $956,806 |
| Net Contributions | $548,320 |
| Other Expense | $84,837 |
| Ending Balance | $20,605,815 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Milligan University Milligan, TN | $122,087,054 | $57,184,968 |
Miles College Fairfield, AL | $95,783,028 | $49,621,884 |
Carson-Newman University Jefferson City, TN | $160,428,637 | $65,286,029 |
Tusculum University Greeneville, TN | $114,694,317 | $47,879,632 |
King University Bristol, TN | $69,555,277 | $42,931,439 |
Dillard University New Orleans, LA | $290,476,609 | $59,120,673 |
Lyon College Batesville, AR | $134,360,694 | $34,275,899 |
Tennessee Wesleyan University Athens, TN | $44,814,456 | $36,534,539 |
Lane College Jackson, TN | $65,638,607 | $34,131,294 |
Huntingdon College Montgomery, AL | $93,441,263 | $35,039,176 |
Louisiana College Pineville, LA | $103,090,371 | $31,169,052 |
Richmond The American Intl Universi Ty In London Inc Nashville, TN | $5,650,509 | $18,846,780 |