Civic Intelligence

Drexel University

990 • Fiscal year 2010 • EIN 23-1352630

Jul 01, 2009 to Jun 30, 2010 • Filed on May 16, 2011

Organization ProfileWWW.DREXEL.EDU

View Organization Page

3201 Arch Street No 42019104-2875
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.56x

Higher debt load relative to assets than 66% of similar nonprofits.

2010 filings • 501(c)3 • $1B+ nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets66th percentile

Assets

$1,068,943,000

No earlier filing loaded for comparison.

Net Assets

$474,830,000

No earlier filing loaded for comparison.

Liabilities

$594,113,000

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$704,048,389

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2010: $1,068,943,000Liabilities 2010: $594,113,000Net Assets 2010: $474,830,0002010Assets 2011: $1,338,520,562Liabilities 2011: $700,545,840Net Assets 2011: $637,974,7222011Assets 2012: $1,393,733,870Liabilities 2012: $724,466,468Net Assets 2012: $669,267,4022012Assets 2013: $1,456,031,639Liabilities 2013: $714,006,723Net Assets 2013: $742,024,9162013Assets 2014: $1,533,325,554Liabilities 2014: $728,415,365Net Assets 2014: $804,910,1892014Assets 2015: $1,943,620,563Liabilities 2015: $827,926,902Net Assets 2015: $1,115,693,6612015Assets 2016: $1,986,733,444Liabilities 2016: $849,689,263Net Assets 2016: $1,137,044,1812016Assets 2017: $1,964,575,637Liabilities 2017: $801,674,124Net Assets 2017: $1,162,901,5132017Assets 2018: $2,041,983,820Liabilities 2018: $795,806,444Net Assets 2018: $1,246,177,3762018Assets 2019: $2,024,922,675Liabilities 2019: $831,642,005Net Assets 2019: $1,193,280,6702019Assets 2020: $2,261,315,252Liabilities 2020: $1,076,781,151Net Assets 2020: $1,184,534,1012020Assets 2021: $2,420,281,154Liabilities 2021: $1,080,628,984Net Assets 2021: $1,339,652,1702021Assets 2022: $2,419,583,188Liabilities 2022: $1,144,608,526Net Assets 2022: $1,274,974,6622022Assets 2023: $2,842,408,922Liabilities 2023: $1,520,809,775Net Assets 2023: $1,321,599,1472023Assets 2024: $2,909,630,575Liabilities 2024: $1,515,394,694Net Assets 2024: $1,394,235,8812024

Highlighted filing

2010

Assets$1,068,943,000
Liabilities$594,113,000
Net Assets$474,830,000
Open 2010 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5B$1.0B$500M$0-$500MExpenses 2010: $704,048,3892010Expenses 2011: $745,064,4332011Expenses 2012: $804,149,0872012Expenses 2013: $855,596,1402013Revenue 2014: $1,006,260,659Expenses 2014: $931,317,968Net Income 2014: $74,942,6912014Revenue 2015: $1,270,836,466Expenses 2015: $1,199,306,204Net Income 2015: $71,530,2622015Revenue 2016: $1,297,155,786Expenses 2016: $1,272,631,113Net Income 2016: $24,524,6732016Revenue 2017: $1,338,081,742Expenses 2017: $1,296,287,756Net Income 2017: $41,793,9862017Revenue 2018: $1,375,999,770Expenses 2018: $1,338,464,315Net Income 2018: $37,535,4552018Revenue 2019: $1,350,889,299Expenses 2019: $1,430,888,337Net Income 2019: -$79,999,0382019Revenue 2020: $1,329,522,543Expenses 2020: $1,324,502,480Net Income 2020: $5,020,0632020Revenue 2021: $1,241,696,208Expenses 2021: $1,249,941,935Net Income 2021: -$8,245,7272021Revenue 2022: $1,352,478,393Expenses 2022: $1,329,025,773Net Income 2022: $23,452,6202022Revenue 2023: $1,412,910,056Expenses 2023: $1,405,662,980Net Income 2023: $7,247,0762023Revenue 2024: $1,400,964,891Expenses 2024: $1,453,206,532Net Income 2024: -$52,241,6412024

Highlighted filing

2010

Revenue-
Expenses$704,048,389
Net Income-
Open 2010 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
May 16, 2011
Return Version
2009v1.7
Gross Receipts
$715,032,844
Mission and Program Overview

Mission

Drexel university fulfills its founder's vision of preparing each new generation of students for productive professional and civic lives while also focusing its collective expertise on solving society's greatest problems. Drexel is an academically comprehensive and globally engaged urban research university, dedicated to advancing knowledge and society and to providing every student with a valuable, rigorous, experiential, technology-infused education, enriched by the nation's premier co-operative education program.

Major Activities

Activity 2
ResearchDrexel researchers work across disciplines to increase the world's store of knowledge and translate that new knowledge into solutions with tremendous positive impact on society. The University's research enterprise continues to grow and attract great extramural support, with research activities representing approximately $75 million in direct expenditures. Our greatly increased academic comprehensiveness has led to many collaborative research initiatives, including the creation of cross-disciplinary institutes in important areas of research leadership for the University, such as nanotechnology, non-thermal plasma science and research and development of a broad array of technologies for application by the military and first responders. The number of cross-disciplinary research centers continues to grow with the new Center for Mobilities Research and Policy, promoting research that envisions and fosters alternative futures for mobility, and the Center for Labor Market Studies, providing labor market data for government, industry and research institutions. Drexel is specifically committed to translational research, rigorous academic work that tangibly translates into intellectual progress and social good. To that end, one of Drexel's most important research functions is to leverage seed funding from public or private nonprofit sources to gain addtional funding that moves research forward. Other promising lines of research undertaken by Drexel investigators and seeded with University funding include smart-grid technology, in which the University has partnered with a corporate innovator to serve as the test site for new management of energy distribution and utilization within a local area energy network; and the Human Cognition Enhancement Program, developing methodologies to enhance cognition and skilled motor performance in both normal and disabled individuals. During the 2009-2010 academic year, Drexel University received funding for the following grants: Federally-sponsored research - 470 grants State-sponsored research - 35 grants Local-sponsored contracts - 12 grants Private-foundation sponsored research - 146 grants Industry-sponsored research - 58 grants
Filing and Contact Details

Filer

EIN
23-1352630
Raw XML AppendixShowing 400 of 2,982 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Activity2/Description0ResearchDrexel researchers work across disciplines to increase the world's store of knowledge and translate that new knowledge into solutions with tremendous positive impact on society. The University's research enterprise continues to grow and attract great extramural support, with research activities representing approximately $75 million in direct expenditures. Our greatly increased academic comprehensiveness has led to many collaborative research initiatives, including the creation of cross-disciplinary institutes in important areas of research leadership for the University, such as nanotechnology, non-thermal plasma science and research and development of a broad array of technologies for application by the military and first responders. The number of cross-disciplinary research centers continues to grow with the new Center for Mobilities Research and Policy, promoting research that envisions and fosters alternative futures for mobility, and the Center for Labor Market Studies, providing labor market data for government, industry and research institutions. Drexel is specifically committed to translational research, rigorous academic work that tangibly translates into intellectual progress and social good. To that end, one of Drexel's most important research functions is to leverage seed funding from public or private nonprofit sources to gain addtional funding that moves research forward. Other promising lines of research undertaken by Drexel investigators and seeded with University funding include smart-grid technology, in which the University has partnered with a corporate innovator to serve as the test site for new management of energy distribution and utilization within a local area energy network; and the Human Cognition Enhancement Program, developing methodologies to enhance cognition and skilled motor performance in both normal and disabled individuals. During the 2009-2010 academic year, Drexel University received funding for the following grants: Federally-sponsored research - 470 grants State-sponsored research - 35 grants Local-sponsored contracts - 12 grants Private-foundation sponsored research - 146 grants Industry-sponsored research - 58 grants
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IRS990/Description0InstructionDrexel is a comprehensive national research university dedicated to providing quality undergraduate, graduate and professional education featuring excellent academics, state-of-the-art technology and a focus on real-world learning and service.Drexel offers nationally accredited programs that meet the changing needs of society, including more than 70 bachelor's degree programs and more than 100 master's and doctoral programs. The University's mission encompasses a wide range of disciplines including medicine and law and serves traditional, adult and online students.Students at Drexel learn from faculty who are leaders on and off campus. Recent honors bestowed on faculty members include admission to the Institute of Medicine and the American Institute for Medical and Biological Engineering, and election as the first president of the new International Society for Biofabrication. Faculty members also provided professional service including chairing committees on diversity and emergency health services for the American Public Health Association and serving on the Science Advisoty Board of Autism Sspeaks. Last year Drexel launched the Custom Studies Major, in which students in the Pennoni Honors College can work in close collaboration with faculty to develop their own individualized majors. Other new programs include a master's degree in environmental engineering focusing on sustainability and being developed jointly with Peking University Graduate School in Shenzhen, China. Drexel is re-imagining the role of a university library in ways that will impact libraries around the nation. The University established a Personal Librarian Program, in which each of Drexel's 2,600 freshmen is assigned to a librarian who will help them learn to access information, and this year developed a prototype Library Learning Terrace, the first of a series of library locations distributed throughout campus to connect students to service and information where they live and work. For more than 90 years, a Drexel education has augmented outstanding classroom learning with real-world professional experience through one of the nation's oldest, largest and most respected co-operative education programs. Despite an expected nationwide decline of almost 3 percent in co-op hires in 2010, Drexel continued to place 98 percent of participants in co-op positions. Another way that students learn by doing at Drexel is through the University's commitment to civic engagement. Drexel students, faculty and staff lead numerous service initiatives in our neighborhood, city and region as well as national efforts targeting education, health care and other key areas. New initiatives in the past year include the Public Service Fellowship Program in the Earle Mack School of Law, established to provide law graduates committed to public service with part-time, paid six-month positions at public interest organizations; and a partnership between the Construction Management program in Drexel's Goodwin College of Professional Studies and the ACE Mentor Program connecting high school students from economically challenged familiies to the construction industry while teaching them life and work skills. Student opportunities for service are expected to increase with Drexel's enhanced commitment to community-building in the nearby neighborhoods of Powelton Village and Mantua, announced in September 2010 by president John Fry. This wide-ranging commitment will include expanded partnerships with local public schools and the revitalization of a commercial corridor. For academic yer 2009-2010, undergraduate enrollment was 13,484, graduate enrollment was 7,189 and the number of degrees conferred were: Associate degrees - 26 Bachelors degrees - 2,734 Masters degrees - 1,741 Doctoral degrees - 297 Certificates and other - 91
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IRS990/Form990PartVIISectionA/NamePerson11Richard J DePiano
IRS990/Form990PartVIISectionA/NamePerson12Gerianne Tringali DiPiano
IRS990/Form990PartVIISectionA/NamePerson13James B Dougherty Jr Esq
IRS990/Form990PartVIISectionA/NamePerson14Robert J Drummond
IRS990/Form990PartVIISectionA/NamePerson15Brian Ford
IRS990/Form990PartVIISectionA/NamePerson16Dominic J Frederico
IRS990/Form990PartVIISectionA/NamePerson17Donna Gentile O'Donnell PhD
IRS990/Form990PartVIISectionA/NamePerson18Richard A Greenawalt
IRS990/Form990PartVIISectionA/NamePerson19Richard A Hayne
IRS990/Form990PartVIISectionA/NamePerson20Nina Henderson
IRS990/Form990PartVIISectionA/NamePerson21Patricia Imbesi
IRS990/Form990PartVIISectionA/NamePerson22Joseph H Jacovini Esq
IRS990/Form990PartVIISectionA/NamePerson23Joel Koppelman
IRS990/Form990PartVIISectionA/NamePerson24J Michael Lawrie
IRS990/Form990PartVIISectionA/NamePerson25Hugh C Long
IRS990/Form990PartVIISectionA/NamePerson26Robert J Mongeluzzi
IRS990/Form990PartVIISectionA/NamePerson27John A Nyheim
IRS990/Form990PartVIISectionA/NamePerson28Denis P O'Brien
IRS990/Form990PartVIISectionA/NamePerson29D Howard Pierce
IRS990/Form990PartVIISectionA/NamePerson30Charles P Pizzi
IRS990/Form990PartVIISectionA/NamePerson31Anthony M Santomero PhD
IRS990/Form990PartVIISectionA/NamePerson32William T Schleyer
IRS990/Form990PartVIISectionA/NamePerson33Nicholas S Schorsch
IRS990/Form990PartVIISectionA/NamePerson34Stephen A Sheller Esq
IRS990/Form990PartVIISectionA/NamePerson35Stanley W Silverman
IRS990/Form990PartVIISectionA/NamePerson36Earl W Stafford
IRS990/Form990PartVIISectionA/NamePerson37Manuel N Stamatakis
IRS990/Form990PartVIISectionA/NamePerson38Charles K Valutas
IRS990/Form990PartVIISectionA/NamePerson39Celestino R Pennoni
IRS990/Form990PartVIISectionA/NamePerson40Thomas Elzey
IRS990/Form990PartVIISectionA/NamePerson41Michael J Exler Esq
IRS990/Form990PartVIISectionA/NamePerson42Mark Greenberg
IRS990/Form990PartVIISectionA/NamePerson43Carl Oxholm III Esq
IRS990/Form990PartVIISectionA/NamePerson44Elizabeth Dale
IRS990/Form990PartVIISectionA/NamePerson45James Tucker
IRS990/Form990PartVIISectionA/NamePerson46Joan McDonald
IRS990/Form990PartVIISectionA/NamePerson47Selcuk Guceri PhD
IRS990/Form990PartVIISectionA/NamePerson48John A Bielec PhD
IRS990/Form990PartVIISectionA/NamePerson49Ralph Walkling PhD
IRS990/Form990PartVIISectionA/NamePerson50George Tsetsekos PhD
IRS990/Form990PartVIISectionA/NamePerson51Roger Dennis Esq
IRS990/Form990PartVIISectionA/NamePerson52James Flint Jr
IRS990/Form990PartVIISectionA/NamePerson53Constantine N Papadakis PhD
IRS990/Form990PartVIISectionA/NamePerson54Adele Barbato
IRS990/Form990PartVIISectionA/NamePerson55Peter Frisko
IRS990/Form990PartVIISectionA/NamePerson56Donna Murasko PhD
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/Officer3X
IRS990/Form990PartVIISectionA/Officer4X
IRS990/Form990PartVIISectionA/Officer5X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation70
IRS990/Form990PartVIISectionA/OtherCompensation80
IRS990/Form990PartVIISectionA/OtherCompensation90
IRS990/Form990PartVIISectionA/OtherCompensation100
IRS990/Form990PartVIISectionA/OtherCompensation110
IRS990/Form990PartVIISectionA/OtherCompensation120
IRS990/Form990PartVIISectionA/OtherCompensation130
IRS990/Form990PartVIISectionA/OtherCompensation140
IRS990/Form990PartVIISectionA/OtherCompensation150
IRS990/Form990PartVIISectionA/OtherCompensation160
IRS990/Form990PartVIISectionA/OtherCompensation170
IRS990/Form990PartVIISectionA/OtherCompensation180
IRS990/Form990PartVIISectionA/OtherCompensation190
IRS990/Form990PartVIISectionA/OtherCompensation200
IRS990/Form990PartVIISectionA/OtherCompensation210
IRS990/Form990PartVIISectionA/OtherCompensation220
IRS990/Form990PartVIISectionA/OtherCompensation230
IRS990/Form990PartVIISectionA/OtherCompensation240
IRS990/Form990PartVIISectionA/OtherCompensation250
IRS990/Form990PartVIISectionA/OtherCompensation260
IRS990/Form990PartVIISectionA/OtherCompensation270
IRS990/Form990PartVIISectionA/OtherCompensation280
IRS990/Form990PartVIISectionA/OtherCompensation290
IRS990/Form990PartVIISectionA/OtherCompensation300
IRS990/Form990PartVIISectionA/OtherCompensation310
IRS990/Form990PartVIISectionA/OtherCompensation320
IRS990/Form990PartVIISectionA/OtherCompensation330
IRS990/Form990PartVIISectionA/OtherCompensation340
IRS990/Form990PartVIISectionA/OtherCompensation350
IRS990/Form990PartVIISectionA/OtherCompensation360
IRS990/Form990PartVIISectionA/OtherCompensation370
IRS990/Form990PartVIISectionA/OtherCompensation380
IRS990/Form990PartVIISectionA/OtherCompensation390
IRS990/Form990PartVIISectionA/OtherCompensation4039255
IRS990/Form990PartVIISectionA/OtherCompensation4134299
IRS990/Form990PartVIISectionA/OtherCompensation4239255
IRS990/Form990PartVIISectionA/OtherCompensation4352561
IRS990/Form990PartVIISectionA/OtherCompensation4433524
IRS990/Form990PartVIISectionA/OtherCompensation4527513
IRS990/Form990PartVIISectionA/OtherCompensation4631810
IRS990/Form990PartVIISectionA/OtherCompensation4736675
IRS990/Form990PartVIISectionA/OtherCompensation4827969
IRS990/Form990PartVIISectionA/OtherCompensation4939255
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IRS990/Form990PartVIISectionA/OtherCompensation5234355
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IRS990/Form990PartVIISectionA/OtherCompensation5524557
IRS990/Form990PartVIISectionA/OtherCompensation5635828
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
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IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization70
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization80
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization90
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization100
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization110
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization120
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization130
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization140
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization150
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization160
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization170
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization180
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization190
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization200
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization210
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization220
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization230
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization240
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization250
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization260
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization270
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization280
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization290
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization300

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Filings

Displayed year

2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,068,943,000
Liabilities
$594,113,000
Net assets
$474,830,000
Revenue
-
Expenses
$704,048,389
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2,910$1,515$1,394$1,401$1,453$52.2
2023Detailed filing. Detailed filing data is available for this year.$2,842$1,521$1,322$1,413$1,406$7.25
2022Detailed filing. Detailed filing data is available for this year.$2,420$1,145$1,275$1,352$1,329$23.5
2021Detailed filing. Detailed filing data is available for this year.$2,420$1,081$1,340$1,242$1,250$8.25
2020Detailed filing. Detailed filing data is available for this year.$2,261$1,077$1,185$1,330$1,325$5.02
2019Detailed filing. Detailed filing data is available for this year.$2,025$832$1,193$1,351$1,431$80.0
2018Detailed filing. Detailed filing data is available for this year.$2,042$796$1,246$1,376$1,338$37.5
2017Detailed filing. Detailed filing data is available for this year.$1,965$802$1,163$1,338$1,296$41.8
2016Detailed filing. Detailed filing data is available for this year.$1,987$850$1,137$1,297$1,273$24.5
2015Detailed filing. Detailed filing data is available for this year.$1,944$828$1,116$1,271$1,199$71.5
2014Detailed filing. Detailed filing data is available for this year.$1,533$728$805$1,006$931$74.9
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,456$714$742$856
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,394$724$669$804
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,339$701$638$745
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,069$594$475$704