2025-01-15T13:39:24-05:00 2024-06-30 621874228 WARRENJACKSON CPAS PLLC 606 S MAIN STE C SWEETWATER TN 378742731 990 2023-07-01 620511454 HIWASSEE COLLEGE HIWA 8659821427 PO BOX 905 ALCOA TN 37701 JASON GATTIS TRUSTEE 8659821427 2024-11-12 true true ROBERT S TALLENT CPA P00158265 4233375003 2025-01-15 2023 2024-10-15 13:58:12Z JASON GATTIS PO BOX 905 ALCOA TN 37701 109943 false X X 1849 TN A LIBERAL ARTS COLLEGE FOUNDED IN 1849 AND ASSOCIATED WITH THE UNITED METHODIST CHURCH, PROVIDING QUALITY EDUCATION FOR ALL STUDENTS IN AN ATOMOSPHERE THAT PROMOTES INTELLECTUAL PURSUIT, SPIRITUAL GROWTH AND PERSONAL RESPONSIBILITY. 8 8 0 0 33708 0 69251 76235 0 69251 109943 0 0 0 0 0 60701 54319 60701 54319 8550 55624 6210715 6691323 0 6210715 6691323 X A LIBERAL ARTS COLLEGE FOUNDED IN 1849 AND ASSOCIATED WITH THE UNITED METHODIST CHURCH, PROVIDING QUALITY EDUCATION FOR ALL STUDENTS IN AN ATOMOSPHERE THAT PROMOTES INTELLECTUAL PURSUIT, SPIRITUAL GROWTH AND PERSONAL RESPONSIBILITY. false true 15488 THE COLLEGE OFFICIALLY CLOSED OPERATIONS IN MAY 2019. THE COLLEGE IS IN THE FINAL STAGES OF SELLING ASSETS AND PAYING LIABILITIES. 15488 true true false false false false false false false true false true false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false X 8 8 false false false false false false false true true false false false true true true false false true true false X JASON GATTIS 8659821427 PO BOX 905 ALCOA TN 37701 X PATSY Q CARSON TRUSTEE 1.00 X 0 0 0 RICK CHERRY TRUSTEE 1.00 X 0 0 0 JASON GATTIS TRUSTEE 1.00 X 0 0 0 DR WILLIAM EDDIE HARMON SECRETARY 1.00 X 0 0 0 DR DAVID E HOUSEMAN TRUSTEE 1.00 X 0 0 0 REV CHARLES MAYNARD TRUSTEE 1.00 X 0 0 0 DR JACK PHOTON TRUSTEE 1.00 X 0 0 0 BISHOP MARY VIRGINIA TAYLOR TRUSTEE 1.00 X 0 0 0 false false false 33708 33708 76235 76235 109943 76235 23330 23330 2643 2643 14161 14161 9527 9527 BANK CHARGES 4658 1327 3331 54319 15488 38831 0 1897804 1891354 4312911 4799969 6210715 6691323 0 0 X -3503838 -3508960 9714553 10200283 6210715 6691323 6210715 6691323 55624 424984 X false false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6314467 6314467 6314467 6314467 6314467 6314467 6314467 6314467 6314467 6314467 true false FIRST BANK ENDOWMENT 3860478 F HELD IN TRUST BY OTHERS 939491 F 4799969 SCHEDULE D, PAGE 2, PART V, LINE 4 TO PROVIDE SCHOLARSHIP TO STUDENTS true true true true true true true false false false false false false false false true true true SCHEDULE E, LINE 3 THE POLICY WAS PUBLISHED IN LOCAL NEWSPAPERS AND IN THE OTHER PRINTED PUBLICATIONS THAT WAS USED BY THE COLLEGE TO RECRUIT. SCHEDULE E, LINE 6 THE COLLEGE DID RECEIVE FEDERAL ASSISTANCE IN THE PAST. FOR A PERIOD FROM MAY 2008 UNTIL AUGUST 2010, FINANCIAL AID WAS REVOKED DUE THE THE LOSS OF SACS ACCREDITATION. FINANCIAL AID WAS RESTORED WHEN MEMBESHIP WITH THE TRANSNATIONAL ASSOCATION OF CHRISTIAN COLLEGES AND SCHOOLS (TRACS) WAS OBTAINED AND AFTER THE REQUIRED TWO YEAR WAITING PERIOD. ON NOVEMBER 3, 2009, THE COLLEGE OBTAINED FULL ACCREDITATION STATUS WITH TRACS. THEY REMAINED UNDER A TWO YEAR WAITING PERIOD TO BE AWARDED FEDERAL FINANCIAL AID. THE WAITING PERIOD ENDED ON APRIL 14, 2010. THE COLLEGE REAPPLIED TO RECEIVE FIANACIAL AID AND WAS APPROVED AND AWARDED AID ON AUGUST 10, 2010 TO BE USED FOR THE FALL SEMESTER 2010. FORM 990 - ORGANIZATION'S MISSION A LIBERAL ARTS COLLEGE FOUNDED IN 1849 AND ASSOCIATED WITH THE UNITED METHODIST CHURCH, PROVIDING QUALITY EDUCATION FOR ALL STUDENTS IN AN ATOMOSPHERE THAT PROMOTES INTELLECTUAL PURSUIT, SPIRITUAL GROWTH AND PERSONAL RESPONSIBILITY. FORM 990, PAGE 2, PART III, LINE 3 THE COLLEGE ANNOUNCED ON MARCH 28, 2019 THAT THE SPRING 2019 SEMESTER WOULD BE THE FINAL SEMESTER OF THE COLLEGE OPERATING. THE COLLEGE OFFICIALLY CLOSED OPERATIONS IN MAY 2019. THE COLLEGE IS IN THE FINAL STAGES OF DISPOSING OF ASSETS AND PAYING LIABILITIES. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 WAS MADE AVAILABLE TO THE BOARD FOR REVIEW. FORM 990, PAGE 6, PART VI, LINE 12C TRUSTEES SIGN A CONFLICT OF INTEREST ACKNOWLEDGEMENT AND DISCLOSURE FORM, WHICH IS KEPT ON FILE IN THE BUSINESS OFFICE. FORM 990, PAGE 6, PART VI, LINE 15A TOP OFFICERS COMPENSATION WAS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWED TOP OFFICERS COMPENSATION FORM 990, PAGE 6, PART VI, LINE 19 THEY ARE AVAILABLE UPON REQUEST.