Overview
What is Lipscomb University?
Lipscomb University is a renowned nonprofit educational institution situated in Nashville, Tennessee. With a commitment to Christian faith and practice, the university offers a comprehensive education that integrates academic excellence, liberal arts studies, and professional preparation. Established with a belief that learning is an ongoing process, Lipscomb prepares its students for a life of growth in various aspects - spiritually, intellectually, socially, and physically. Currently, the university employs a team of approximately 2,650 individuals dedicated to delivering instruction from pre-kindergarten to the doctoral level and beyond, providing a collaborative learning environment both in the classroom and online. Lipscomb University is actively engaged in its community, striving to be a good neighbor as it continues to grow.
Official website here: www.lipscomb.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Lipscomb University has achieved a notable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization’s overall score is primarily based on its exceptional accountability metrics, underscoring efficient financial management and transparency in operations. With a focus on responsible governance, Lipscomb University boasts a majority of independent board members and a solid conflict of interest policy.
The university also demonstrates robust financial oversight, as evidenced by its audit and oversight committee receiving full points. Additionally, the absence of material diversion of assets and a well-maintained whistleblower policy further enhance its reputation for accountability. The organization’s program expense ratio is impressive at 84.07%, indicating that a significant portion of its resources is directed towards its core mission.
However, Lipscomb University does have a liabilities-to-assets ratio of 55.32%, which, while acceptable, may warrant attention for future financial planning. Overall, the university appears to be well-managed, with strong governance practices that contribute positively to its mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lipscomb University legitimate?
Lipscomb University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lipscomb University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,236,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,773,250
For more financial information, click here
Official website here: www.lipscomb.edu
What is the mission statement of Lipscomb University?
Lipscomb University is committed to providing a well-rounded education that integrates Christian faith and practice with academic excellence. This holistic approach to education goes beyond just academic preparation, focusing on the spiritual, intellectual, social, and physical development of each student. Lipscomb prepares its graduates for a life of continuous learning, leadership, and service. The institution is also engaged with the community, striving to be a good neighbor and make a positive impact as it grows.
Official website here: www.lipscomb.edu
Who is the CEO of Lipscomb University?
Jeffrey Baughn is the Trustee of Lipscomb University.
Official website here: www.lipscomb.edu
What is the revenue of Lipscomb University?
Lipscomb University's revenue in 2022 was $227,470,382.
Official website here: www.lipscomb.edu
Who are the executives of Lipscomb University and what are their salaries?
The average compensation at Lipscomb University during 2022 was $27,184. There are 2649 employees and 200 volunteers at Lipscomb University.
Here are 52 key members and their salaries:
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- Other: $3,991
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- Compensation: $201,895
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- Compensation: $153,924
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- Compensation: $208,000
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- Compensation: $160,217
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- Compensation: $320,904
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- Other: $11,704
- Compensation: $226,141
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- Other: $8,885
- Compensation: $215,000
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Official website here: www.lipscomb.edu
Where can I find the form 990 for Lipscomb University?
Lipscomb University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lipscomb.edu
Learn more at the official website: www.lipscomb.edu
Mission Statement of Lipscomb University
Lipscomb University is a higher education institution committed to providing a comprehensive education marked by the integration of Christian faith and practice with academic excellence. This holistic approach to learning goes beyond just equipping students with knowledge and skills; it's about nurturing their spiritual, intellectual, social, and physical growth. The university aims to prepare its graduates for a life dedicated to learning, leading, and serving. Lipscomb University's mission doesn't cease at graduation; it's an ongoing process that reflects the institution's dedication to fostering the complete development of each student.
Furthermore, Lipscomb University is not just about academics; it seeks to engage with its community and be a good neighbor as it continues to grow. Its commitment to the comprehensive development of students is reflected in its liberal arts studies and professional preparation programs. The university's mission is about more than just imparting knowledge; it's about shaping well-rounded individuals who can make a positive impact in the world. Lipscomb University is not content with finishing an education; it's dedicated to nurturing a lifelong love for learning and a commitment to making a difference. With its Christian values integrated into every aspect of education, Lipscomb University prepares its students for a fulfilling and meaningful life.
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Impact
October, 2024
Lipscomb University delivers a comprehensive education that seamlessly integrates Christian faith with academic excellence. This approach encompasses liberal arts studies alongside professional preparation, emphasizing the holistic development of students—spiritually, intellectually, socially, and physically. By fostering an environment conducive to lifelong learning, Lipscomb prepares graduates for meaningful lives of learning, leadership, and service.
The university is committed to providing high-quality instructional experiences through both classroom and online platforms, extending from pre-kindergarten to doctoral levels. This dedication not only enhances individual student development but also promotes a positive impact within the Nashville community. Through its engagement and commitment to being a good neighbor, Lipscomb University actively contributes to the growth and well-being of the surrounding area.
This information is meant to be a general summary of Lipscomb University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,957,008
- Program Service Revenue: $195,835,550
- Gross Receipts: $274,141,958
Assets and Liabilities:
- Total Assets: $484,056,410
- Total Liabilities: $269,460,769
- Net Assets: $214,595,641
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$166,317,376
AUXILIARY REVENUE
Revenue
$22,209,107
MISCELLANEOUS INCOME
Revenue
$7,309,067
Organization Details
Founding Year
1891
Phone
(615) 966-1000Principal Officer
Jeffrey Baughn
Main Address
ONE UNIVERSITY PARK DRIVE, NASHVILLE, TN, 372043951
Website
www.lipscomb.eduNTEE Category
Code: B43 - Education
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