Civic Intelligence

Susquehanna University

990 • Fiscal year 2020 • EIN 23-1353385

Jul 01, 2019 to Jun 30, 2020 • Filed on May 05, 2021

Refreshing map…

514 University AvenueSelinsgrove, PA 17870-1164

(570) 372-4128

Siviq Scores

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

Liabilities / Assets

35th percentile

0.20x

Higher debt load relative to assets than 35% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Liabilities / Revenue

40th percentile

0.47x

Higher debt load relative to revenue than 40% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Net Margin

14th percentile

-7.4%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Top Officer Pay

19th percentile

$400,565

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2020

Asset Growth

14th percentile

-2.6%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-2.3%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2019 to 2020

Assets

Down

$339,662,705

Down $8,925,175 (-2.6%) from 2019

Net Assets

Down

$272,423,535

Down $7,631,152 (-2.7%) from 2019

Liabilities

Down

$67,239,170

Down $1,294,023 (-1.9%) from 2019

Revenue

Down

$142,537,361

Down $3,384,019 (-2.3%) from 2019

Expenses

Down

$153,141,676

Down $290,506 (-0.2%) from 2019

Net Income

Down

-$10,604,315

Down $3,093,513 (-41%) from 2019

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2010: $286,290,360Liabilities 2010: $86,549,074Net Assets 2010: $199,741,2862010Assets 2011: $310,867,773Liabilities 2011: $84,277,528Net Assets 2011: $226,590,2452011Assets 2012: $311,575,156Liabilities 2012: $81,254,828Net Assets 2012: $230,320,3282012Assets 2013: $321,657,958Liabilities 2013: $80,176,312Net Assets 2013: $241,481,6462013Assets 2014: $340,956,324Liabilities 2014: $80,217,058Net Assets 2014: $260,739,2662014Assets 2015: $338,548,593Liabilities 2015: $76,040,314Net Assets 2015: $262,508,2792015Assets 2016: $332,652,546Liabilities 2016: $76,440,277Net Assets 2016: $256,212,2692016Assets 2017: $348,700,987Liabilities 2017: $73,730,704Net Assets 2017: $274,970,2832017Assets 2018: $350,130,992Liabilities 2018: $71,110,934Net Assets 2018: $279,020,0582018Assets 2019: $348,587,880Liabilities 2019: $68,533,193Net Assets 2019: $280,054,6872019Assets 2020: $339,662,705Liabilities 2020: $67,239,170Net Assets 2020: $272,423,5352020Assets 2021: $375,319,031Liabilities 2021: $68,084,510Net Assets 2021: $307,234,5212021Assets 2022: $351,514,856Liabilities 2022: $61,418,579Net Assets 2022: $290,096,2772022Assets 2023: $350,578,199Liabilities 2023: $56,513,377Net Assets 2023: $294,064,8222023

Highlighted filing

2020

Assets$339,662,705
Liabilities$67,239,170
Net Assets$272,423,535

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2010: $95,088,5162010Expenses 2011: $102,873,3702011Expenses 2012: $106,512,1302012Expenses 2013: $112,370,5512013Revenue 2014: $114,612,556Expenses 2014: $116,519,837Net Income 2014: -$1,907,2812014Revenue 2015: $118,836,992Expenses 2015: $117,836,195Net Income 2015: $1,000,7972015Revenue 2016: $123,448,198Expenses 2016: $127,215,997Net Income 2016: -$3,767,7992016Revenue 2017: $137,025,741Expenses 2017: $137,200,352Net Income 2017: -$174,6112017Revenue 2018: $135,884,389Expenses 2018: $143,929,964Net Income 2018: -$8,045,5752018Revenue 2019: $145,921,380Expenses 2019: $153,432,182Net Income 2019: -$7,510,8022019Revenue 2020: $142,537,361Expenses 2020: $153,141,676Net Income 2020: -$10,604,3152020Revenue 2021: $150,313,376Expenses 2021: $154,512,008Net Income 2021: -$4,198,6322021Revenue 2022: $169,609,787Expenses 2022: $163,811,001Net Income 2022: $5,798,7862022Revenue 2023: $155,751,650Expenses 2023: $170,872,979Net Income 2023: -$15,121,3292023

Highlighted filing

2020

Revenue$142,537,361
Expenses$153,141,676
Net Income-$10,604,315
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 5, 2021
Return Version
2019v5.2
Gross Receipts
$142,537,361
Mission and Program Overview

Mission

Susquehanna university educates students for productive, creative and reflective lives of achievement, leadership, and service in a diverse, dynamic and interdependent world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$169,191,647$165,770,696▼ $3,420,951
Land, Buildings, and Equipment, Net$131,699,395$124,756,722▼ $6,942,673
Investments Other Securities$30,025,380$30,032,894▲ $7,514
Pledges and Grants Receivable$6,720,106$5,560,264▼ $1,159,842
Savings and Temporary Cash Investments$2,248,886$4,150,010▲ $1,901,124
Accounts Receivable$1,769,602$2,720,202▲ $950,600
Investments Program Related$1,755,956$1,489,129▼ $266,827
Prepaid Expenses and Deferred Charges$1,190,024$1,100,417▼ $89,607
Inventories for Sale or Use$217,200$275,594▲ $58,394
Cash and Non-Interest-Bearing Accounts$6,237$6,968▲ $731
Other Notes and Loans Receivable, Net$-490$1,418▲ $1,908
Total Assets$348,587,880$339,662,705▼ $8,925,175
Other Assets Total$3,763,937$3,798,391▲ $34,454
Liabilities
Tax Exempt Bond Liabilities$53,890,117$51,226,964▼ $2,663,153
Other Liabilities$7,438,566$10,073,732▲ $2,635,166
Accounts Payable and Accrued Expenses$5,360,715$4,943,216▼ $417,499
Deferred Revenue$1,843,795$995,258▼ $848,537
Total Liabilities$68,533,193$67,239,170▼ $1,294,023
Net Assets / Fund Balance
Net Assets With Donor Restrictions$145,258,717$142,909,219▼ $2,349,498
Net Assets Without Donor Restrictions$134,795,970$129,514,316▼ $5,281,654
Total Net Assets Fund Balance$280,054,687$272,423,535▼ $7,631,152
Total Liabilities and Net Assets / Fund Balance$348,587,880$339,662,705▼ $8,925,175

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$99,056,272$119,829,738$218,886,010
Equipment$11,248,437$32,063,530$43,311,967
Other Land Buildings$8,806,750$13,299,809$22,106,559
Land$5,645,263-$5,645,263
Other Securities$10,564,381--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$175,667,010$1,888,583▲ $2,818,633$3,931,805$173,413,620
2018$169,795,178$4,494,049▲ $7,809,343$3,732,436$175,667,010
2017$161,178,061$2,420,407▲ $12,361,540$3,468,974$169,795,178
2016$143,234,567$6,785,327▲ $17,189,050$3,542,821$161,178,061
2015$148,746,477$3,595,770▼ $3,232,220$3,466,664$143,234,567
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan GreenPresident & CEOFT$287,206$113,359$400,565
Michael CoyneExecutive VPFT$187,681$86,803$274,484
Melissa KomoraVP AdvancementFT$178,058$44,290$222,348
L Jay LemonsPresident Emeritus & Sr Fe-$82,434$137,922$220,356
Linda Mcmillin Training DevelopmenCoordinator/prof LeadershipFT$150,721$65,418$216,139
Matthew RousuDean School of BusinessFT$140,515$70,934$211,449
Dave RamsaranProvost & Dean of FacultyFT$150,321$57,569$207,890
Valerie MartinAssoc Prov/dean of Arts &FT$135,591$58,230$193,821
Susan LantzVP Student LifeFT$139,944$39,072$179,016
Philip WingerVP & Chief of StaffFT$125,856$44,756$170,612
Glen RetiefTrusteeFT$74,936$18,144$93,080
Maria L O MunozTrusteeFT$74,901$11,874$86,775

Highest Paid Contractors

ContractorServicesLocationCompensation
Ellucian Company LPSoftware2003 EDMUND HALLEY DR, Reston, VA 20191$299,301
Sfgf Ii LLCSolar Electricity1144 KENNEBEC RD, Chambersburg, PA 17201$231,646
Saul Ewing LLPLegal Services3800 CENTRE SQUARE WEST 1500 MARKE, Philadelphia, PA 19102$133,036
Koya Leadership PartnersEmployment Search536 N TROOPER RD, Norristown, PA 19403$121,350
Baker Tilly Virchow Krause LLPAuditing Services777 E WISCONSIN AVE, Milwaukee, WI 53202$101,240
Revenue and Support

Revenue Composition

Contributions and Grants
$8,572,468
Program Service Revenue
$133,339,845
Investment Income
$552,651
Other Revenue
$72,397
All Other Contributions
$4,194,780
Change in Net Assets
$-10,604,315

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded37$616,714Market Value
Works of Art5$7,475Market Value
Other Non Cash Contri Table2$150Market Value
Total Noncash Contributions44$624,339-

Audited Revenue Reconciliation

Revenue per Audited Statements
$142,522,362
Revenue Not Reported on Financial Statements
$15,000
Revenue Not Reported on Form 990
$2,536,556
Other Revenue Adjustments
$15,000
Total Revenue per Audited Statements
$145,058,918
Total Revenue per Form 990
$142,537,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$72,590,914
Salaries, Compensation, and Employee Benefits$42,667,421
Other Expenses$37,843,852
Total Fundraising Expense$2,740,256
Professional Fundraising Fees$39,489

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$72,425,303--$72,425,303
Other Salaries and Wages$26,302,985$2,411,024$1,734,856$30,448,865
Depreciation Depletion$10,580,601--$10,580,601
Other Employee Benefits$6,531,441$206,084$257,329$6,994,854
Fees for Services Other$3,410,115$837,818$98,221$4,346,154
All Other Expenses$2,685,834$689,443$124,063$3,499,340
Occupancy$2,574,403$13,015$5,023$2,592,441
Office Expenses$2,046,888$395,032$119,921$2,561,841
Interest$2,176,583--$2,176,583
Payroll Taxes$1,816,921$209,453$121,477$2,147,851
Pension Plan Contributions$1,794,742$202,666$145,095$2,142,503
Travel$1,545,462$64,137$77,770$1,687,369
Information Technology$61,791$1,346,374-$1,408,165
Conferences and Meetings$884,558$208,872$15,086$1,108,516
Current Officers, Directors, Trustees, and Key Employees$268,585$664,763-$933,348
Other Expenses$477,204$52,878$1,926$477,204
Fees for Service Investment Mgmnt Fees-$436,609-$436,609
Fees for Services Legal$178,481--$178,481
Insurance-$169,106-$169,106
Grants to Domestic Orgs$165,611--$165,611
Fees for Services Accounting$101,370--$101,370
Fees for Services Professional Fundraising--$39,489$39,489
Total Functional Expenses$142,494,146$7,907,274$2,740,256$153,141,676

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$153,141,676
Expenses per Audited Statements$152,690,068
Total Expenses per Audited Statements$152,690,068
Expenses Not Reported on Financial Statements$451,608
Other Expense Adjustments$15,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Selinsgrove BoroughSelinsgrove, PALOCAL GOV'TGeneral Support$106,611
Selinsgrove Area School DistrictSelinsgrove, PALOCAL GOV'TGeneral Support$46,000
Dauntless Hose CompanySelinsgrove, PA501(c)(3)General Support$8,000
Selinsgrove Area RecreationSelinsgrove, PA501(c)(3)General Support$5,000

International Summary

Offices
0
Employees
0
Spending
$12,638,066

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central AmericaInvestmentsStudy Abroad Program00$10,564,381
EuropeProgram ServicesStudy Abroad Program00$1,127,018
East Asia and the PacificProgram ServicesStudy Abroad Program00$656,411
South AmericaProgram ServicesStudy Abroad Program00$113,703
Sub-saharan AfricaProgram ServicesStudy Abroad Program00$85,547
Central America and the CaribbeanProgram Services---$57,506
Middle East and North AfricaProgram ServicesStudy Aroad Proram00$29,875
North AmericaProgram ServicesStudy Abroad Program00$3,625
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$39,489
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Timothy RobesonTrusteeInvestments Timothy Robeson, a Trustee of Susquehanna University, Is Employed by Pgim Realestate. the University Maintains an Investment Management Relationship With Pgim Pursuant to Which Pgim Was Paid Investment Management Fees. Mr. Robeson Received No Personal Benefit as a Result of the Business Relationship Between the University and Pgim.No$134,106
Jeffrey WhitmanSpouse of Former Key EmployeeEMPLOYMENT JEFFREY WHITMAN, AN EMPLOYEE OF SUSQUEHANNA UNIVERSITY, IS THE SPOUSE OF LINDAMCMILLIN, A FORMER KEY EMPLOYEE. HIS WAGES FOR EMPLOYMENT TOTALED $15,733 FOR THE REPORTING PERIOD.No$15,733
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other$5,435,317
Annuities Payable$2,104,277
US Government Advances Refundable$1,435,548
Funds Held in Custody for Others$790,040
Fin47$308,550

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASnyder County Higher Education Authority2015-08-11$29,501,612REFUND SCHEA 2006 BONDS
BSnyder County Higher Education Authority2017-06-08$26,668,119REFUND SCHEA 2008 BONDS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$29,501,612-$4,062,500-
B$26,668,119-$2,381,069-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Along with a detailed review performed by the audit committee a link to a password-protected website was emailed to the governing body where the complete form 990 was made available for review.

Form 990, Part VI, Section B, Line 12C

A conflict of interest questionnaire was sent to the governing body and the replies were reviewed in detail by the audit committee. The review of the questionnaires forms the basis for disclosure on the form 990 and the audited financial statements.

Form 990, Part VI, Section B, Line 15

The organization's board has adopted a compensation policy (the "policy") for covered individuals. Pursuant to the policy, a compensation committee (a subcommittee of the organization's executive committee) of independent directors was established to review the compensation of all employees specified as having a substantial influence over the organization and who receive remuneration from the organization, including, among others, the president, provost and dean of the faculty, and executive vice president. The compensation committee is advised by an independent compensation consultant, which opines to the compensation committee that the level of compensation paid and the process by which compensation is established meet applicable irs reasonableness and "safe harbor" standards. The outside compensation consultant provides data of compensation provided at similar organizations to ensure that the university does not compensate in excess of market norms.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public by posting these documents on the organization's website.

Filing and Contact Details

Filer

Filer Name
Susquehanna University
EIN
23-1353385
Phone
5703724128
Address
514 UNIVERSITY AVENUE, SELINSGROVE, PA 17870-1164

Signing Officer

Name
Michael a Coyne
Title
Executive Vice President
Phone
5703724128
Signed
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Green
Formed
1859
Legal Domicile
Pa
Voting Board Members
31
Independent Board Members
27
Employees
2,043
Volunteers
354

Preparer

Firm
Baker Tilly US Llp
Address
777 E WISCONSIN AVENUE 32ND FLOOR, MILWAUKEE, WI 53202
Preparer
Troy Marine CPA
Phone
4147775500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Endowment income 7,074,085. Change in split interest 223,758. Other nonoperating activities 32,023.

Financial Statement Notes

PART III, LINE 4:

The majority of the university's art collection is 1,600 french posters. The french posters are researched and exhibited by french students and faculty members. They are archived in a vault for preservation.

PART V, LINE 4:

Su's endowment supports the following areas: academic & student support (40%), scholarships (44%), other operations & facilities (16%).

PART X, LINE 2:

The university follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the university for uncertain tax positions as of june 30, 2020 and 2019. The university's tax returns are subject to review and examination by federal and state authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Endowment income 7,074,085. Change in split interest agreements 223,758. Other nonoperating activities 32,023.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Pledge write offs 15,000.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Pledge write offs 15,000.

Raw XML AppendixShowing 400 of 1,368 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/Desc0SUSQUEHANNA UNIVERSITY IS A NATIONAL LIBERAL ARTS COLLEGE CURRENTLY ENROLLING APPROXIMATELY 2,300 FULL-TIME STUDENTS. FOUNDED IN 1858, THE UNIVERSITY GRANTS BACHELOR OF ARTS, BACHELOR OF MUSIC, AND BACHELOR OF SCIENCE DEGREES.
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IRS990/Form990PartVIISectionAGrp/PersonNm15BRUCE FICKEN
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IRS990/Form990PartVIISectionAGrp/PersonNm17DOUGLAS KNISS
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IRS990/Form990PartVIISectionAGrp/PersonNm19FRANK LEBER
IRS990/Form990PartVIISectionAGrp/PersonNm20GEORGE LIBEROPOULOS
IRS990/Form990PartVIISectionAGrp/PersonNm21JACK OHLE
IRS990/Form990PartVIISectionAGrp/PersonNm22JAMES DUNLOP
IRS990/Form990PartVIISectionAGrp/PersonNm23JAMES STOWE
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IRS990/Form990PartVIISectionAGrp/PersonNm33MARY CIANNI
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IRS990/Form990PartVIISectionAGrp/PersonNm40TALIA BASCH
IRS990/Form990PartVIISectionAGrp/PersonNm41TIMOTHY ROBESON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VP
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT EMERITUS & SR FE
IRS990/Form990PartVIISectionAGrp/TitleTxt4COORDINATOR/PROF LEADERSHIP
IRS990/Form990PartVIISectionAGrp/TitleTxt5DEAN SCHOOL OF BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt6PROVOST & DEAN OF FACULTY
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSOC PROV/DEAN OF ARTS &
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP STUDENT LIFE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Summary only. Only limited summary data is available for this year.$351$56.5$294$156$171$15.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$352$61.4$290$170$164$5.80
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$375$68.1$307$150$155$4.20
2020Detailed filing. Detailed filing data is available for this year.$340$67.2$272$143$153$10.6
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$349$68.5$280$146$153$7.51
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$350$71.1$279$136$144$8.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$349$73.7$275$137$137$0.17
2016Detailed filing. Detailed filing data is available for this year.$333$76.4$256$123$127$3.77
2015Detailed filing. Detailed filing data is available for this year.$339$76.0$263$119$118$1.00
2014Detailed filing. Detailed filing data is available for this year.$341$80.2$261$115$117$1.91
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$322$80.2$241$112
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$312$81.3$230$107
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$311$84.3$227$103
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$286$86.5$200$95.1
Peer Organizations

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