Civic Intelligence

Waynesburg University

EIN 25-0965603 • 501(c)3 • Waynesburg, PA

Profile

Waynesburg university educates students to make connections between faith, learning and serving so they might faithfully transform their communities and the world. As a christian comprehensive university, we strive to inspire and challenge every undergraduate and graduate student to a life of leadership and purpose for the glory of god.

Refreshing map…

51 West College StreetWaynesburg, PA 15370

www.waynesburg.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

58th percentile

0.35x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Liabilities / Revenue

66th percentile

0.73x

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

501(c)3 • $100M-$250M nonprofits • Source year 2025

Net Margin

29th percentile

-0.9%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Top Officer Pay

32nd percentile

$352,456

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2025

Asset Growth

18th percentile

-1.7%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Revenue Growth

14th percentile

-11%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2024 to 2025

Assets

Down

$120,357,164

Down $3,759,168 (-3.0%) from 2022

Liabilities

Down

$41,968,771

Down $4,900,851 (-10%) from 2022

Net Assets

Up

$78,388,393

Up $1,141,683 (+1.5%) from 2022

Revenue

Down

$57,842,211

Down $761,775 (-1.3%) from 2022

Expenses

Up

$58,376,086

Up $278,889 (+0.5%) from 2022

Net Income

Down

-$533,875

Down $1,040,664 (-205%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200M$150M$100M$50M$0Assets 2011: $138,422,784Liabilities 2011: $44,737,517Net Assets 2011: $93,685,2672011Assets 2012: $136,199,845Liabilities 2012: $43,616,635Net Assets 2012: $92,583,2102012Assets 2013: $149,103,769Liabilities 2013: $53,454,273Net Assets 2013: $95,649,4962013Assets 2014: $152,504,455Liabilities 2014: $51,232,394Net Assets 2014: $101,272,0612014Assets 2016: $138,915,233Liabilities 2016: $51,339,814Net Assets 2016: $87,575,4192016Assets 2018: $135,114,999Liabilities 2018: $49,598,942Net Assets 2018: $85,516,0572018Assets 2019: $129,891,004Liabilities 2019: $47,494,564Net Assets 2019: $82,396,4402019Assets 2020: $127,676,659Liabilities 2020: $50,149,420Net Assets 2020: $77,527,2392020Assets 2021: $131,546,059Liabilities 2021: $45,792,723Net Assets 2021: $85,753,3362021Assets 2022: $124,116,332Liabilities 2022: $46,869,622Net Assets 2022: $77,246,7102022Assets 2025: $120,357,164Liabilities 2025: $41,968,771Net Assets 2025: $78,388,3932025

Highlighted filing

2025

Assets$120,357,164
Liabilities$41,968,771
Net Assets$78,388,393

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2011: $48,535,1312011Expenses 2012: $49,841,3182012Expenses 2013: $50,952,6602013Revenue 2014: $54,651,159Expenses 2014: $54,762,879Net Income 2014: -$111,7202014Revenue 2016: $52,285,700Expenses 2016: $55,418,681Net Income 2016: -$3,132,9812016Revenue 2018: $52,198,681Expenses 2018: $54,592,562Net Income 2018: -$2,393,8812018Revenue 2019: $53,286,598Expenses 2019: $55,836,294Net Income 2019: -$2,549,6962019Revenue 2020: $52,759,639Expenses 2020: $55,383,486Net Income 2020: -$2,623,8472020Revenue 2021: $60,055,490Expenses 2021: $60,137,260Net Income 2021: -$81,7702021Revenue 2022: $58,603,986Expenses 2022: $58,097,197Net Income 2022: $506,7892022Revenue 2025: $57,842,211Expenses 2025: $58,376,086Net Income 2025: -$533,8752025

Highlighted filing

2025

Revenue$57,842,211
Expenses$58,376,086
Net Income-$533,875

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$71,173,745
Mission and Program Overview

Mission

Waynesburg university educates students to make connections between faith, learning and serving so they might faithfully transform their communities and the world. As a christian comprehensive university, we strive to inspire and challenge every undergraduate and graduate student to a life of leadership and purpose for the glory of god.

Provide higher education to students in undergraduate and graduate programs

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$76,175,546$76,957,257▲ $781,711
Investments in Publicly Traded Securities$31,348,037$24,969,181▼ $6,378,856
Investments Other Securities$2,520,000$6,431,000▲ $3,911,000
Savings and Temporary Cash Investments$3,641,626$3,305,730▼ $335,896
Other Notes and Loans Receivable, Net$3,015,873$2,820,007▼ $195,866
Accounts Receivable$1,505,381$2,361,108▲ $855,727
Cash and Non-Interest-Bearing Accounts$1,657,342$1,663,732▲ $6,390
Intangible Assets$992,933$496,467▼ $496,466
Prepaid Expenses and Deferred Charges$118,638$121,286▲ $2,648
Inventories for Sale or Use$2,403$4,369▲ $1,966
Total Assets$122,417,375$120,357,164▼ $2,060,211
Other Assets Total$1,439,596$1,227,027▼ $212,569
Liabilities
Tax Exempt Bond Liabilities$28,001,497$26,529,609▼ $1,471,888
Unsecured Notes Loans Payable$6,832,454$7,147,366▲ $314,912
Grants Payable$3,645,374$3,640,754▼ $4,620
Accounts Payable and Accrued Expenses$2,776,170$2,495,770▼ $280,400
Other Liabilities$2,301,418$2,155,272▼ $146,146
Total Liabilities$43,556,913$41,968,771▼ $1,588,142
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$44,460,868$46,915,197▲ $2,454,329
Net Assets With Donor Restrictions$34,399,594$31,473,196▼ $2,926,398
Total Net Assets Fund Balance$78,860,462$78,388,393▼ $472,069
Total Liabilities and Net Assets / Fund Balance$122,417,375$120,357,164▼ $2,060,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$64,333,793$60,670,345$124,726,100
Equipment$4,221,540$24,017,160$28,238,700
Other Land Buildings$4,025,998$5,288,991$9,314,989
Land$4,375,926-$4,375,926
Other Securities$6,431,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$36,083,887$609,539▲ $3,411,547$7,508,750$32,596,223
2023$35,720,218$1,409,038▲ $3,636,352$4,681,721$36,083,887
2022$41,032,204$1,558,443▲ $3,351,635$10,222,064$35,720,218
2021$51,964,881$1,180,591▼ $6,127,159$5,986,109$41,032,204
2020$43,365,924$599,889▲ $11,396,973$3,397,905$51,964,881
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Douglas LeePresidentFT$301,122$51,334$352,456
Dana Baer Provost Thru 824Professor of Cj (as of 8/24)FT$200,926$19,932$220,858
Stacey BrodakVP of AdvancementFT$184,786$28,910$213,696
Adam JackVP of EnrollmentFT$179,577$25,599$205,176
Melinda Walls Interim Provost(as of 8/24) Director Entr & Innov. Prog.FT$172,861$28,478$201,339
Melinda Walls Interim Provost(as of 8/24) Director Entr & Innov. Prog-$172,861$28,478$201,339
Lawrence Stratton JrAssociate Prof of Ethics and LawFT$157,807$16,126$173,933
William DumireChief Information Officer/VP ItFT$129,080$39,251$168,331
Sherry ZakDirector Health Services. Chair Nursing Dept.FT$140,294$9,380$149,674
David MarinerAssoc. VP for Enrollment ManagementFT$121,754$26,639$148,393
Laura K Coss CFO Thru 0924Controller (as of 9/24)FT$141,658$6,359$148,017
Cornelius ColemanAsst Provost/head Football CoachFT$121,060$16,406$137,466
Thomas E SzejkoVP for Finance & COO (enter 9/24)FT$50,307$3,759$54,066

Highest Paid Contractors

ContractorServicesLocationCompensation
Aladdin Food ManagementFood Management16567 COLLECTIONS CENTER DRIVE, Chicago, IL 60693$3,722,664
Huckestein Mechanical ServicesFacilities Maintenance1505 METROPOLITAN STREET, Pittsburgh, PA 15233$213,458
Ellucian CompanySoftware Services62578 COLLECTIONS CENTER DRIVE, Chicago, IL 60693$169,858
Mcvehil INCFacilities Maintenance46 EAST WHEELING STREET, Washington, PA 15301$165,111
Carnegie Dartlet LLCMarketing Services210 LITTLETON ROAD SUITE 100, Westford, MA 01886$160,947
Revenue and Support

Revenue Composition

Contributions and Grants
$11,806,960
Program Service Revenue
$42,194,478
Investment Income
$3,553,899
Other Revenue
$286,874
All Other Contributions
$9,484,678
Change in Net Assets
$-533,875

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$5,434,443Fair Market Value (FMV)
Securities Publicly Traded7$144,809Fair Market Value (FMV)
Total Noncash Contributions8$5,579,252-

Audited Revenue Reconciliation

Revenue per Audited Statements
$40,731,072
Revenue Not Reported on Financial Statements
$17,111,139
Revenue Not Reported on Form 990
$63,437
Other Revenue Adjustments
$16,985,233
Total Revenue per Audited Statements
$40,794,509
Total Revenue per Form 990
$57,842,211
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,684,881
Salaries, Compensation, and Employee Benefits$19,705,972
Grants and Similar Amounts Paid$16,985,233
Total Fundraising Expense$1,172,395
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$16,975,233--$16,975,233
Other Salaries and Wages$12,221,943$1,709,024$187,755$14,118,722
Depreciation Depletion$5,024,762$441,342-$5,466,104
Fees for Services Other$3,188,068$470,582-$3,658,650
Other Employee Benefits$2,375,578$332,183$36,494$2,744,255
Occupancy$2,396,463--$2,396,463
Interest$1,255,308--$1,255,308
Current Officers, Directors, Trustees, and Key Employees$102,987$594,710$510,348$1,208,045
Payroll Taxes$1,019,147$142,510$15,656$1,177,313
Office Expenses$637,849$140,721$98,606$877,176
Insurance$406,542$347,009-$753,551
Information Technology$240,583$504,115-$744,698
Advertising$401,867$293,586-$695,453
Pension Plan Contributions$367,896$89,741-$457,637
Other Expenses$374,324$8,162$249,783$382,486
Travel$189,195$35,256$10,020$234,471
Fees for Services Legal-$190,690-$190,690
Fees for Services Accounting-$133,117-$133,117
Fees for Service Investment Mgmnt Fees-$125,906-$125,906
Fees for Services Management--$63,733$63,733
Foreign Grants$10,000--$10,000
Fees for Services Lobbying-$4,249-$4,249
Total Functional Expenses$51,129,983$6,073,708$1,172,395$58,376,086

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$58,376,086
Total Expenses per Audited Statements$41,266,578
Expenses per Audited Statements$41,264,947
Expenses Not Reported on Financial Statements$17,111,139
Other Expense Adjustments$16,985,233
Expenses Not Reported on Form 990$1,631
International Activity

International Summary

Offices
0
Employees
0
Spending
$10,000

International Compliance

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

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Program ServicesEducation Programs00$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
H KnauffFamily of Board MemberEmployee CompensationNo$112,228
D WilsonFamily of Board MemberEmployee CompensationNo$17,550
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$1,230,223
Funds Held in Trust$531,153
Student Deposits$244,952
Annuities Payable$148,944

Bond Issues

BondIssuerIssuedIssue PricePurpose
DGreene County Industrial Development Authority 20162016-06-30$10,000,000To refund series 2006 bonds
AWashington County Industrial Development Authority 2017a2017-07-27$9,000,000To refund series 2007 and 2011 bonds
BWashington County Industrial Development Authority 20132013-06-12$9,000,000Renovate stewart science hall
BWashington County Industrial Development Authority 2017b2017-10-12$5,350,000To refund series 2011 bonds
AWashington Country Industrial Development Authority 20102010-06-09$4,200,000Construction of lower level of multi-purpose facility
CWashington County Industrial Development Authority 20152015-06-30$3,500,000To refund series 1998 and 2004 bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
D$10,000,000$5,248,537$3,947,173$101,463
A$9,000,000-$1,620,851-
B$9,000,000$10,000,000$4,320,000$71,982
B$5,350,000-$817,370-
A$4,200,000$3,500,000$2,383,803$82,500
C$3,500,000$8,844,250$1,095,483$155,750

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
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
No
Business relationship with family members
Yes
Business relationship with organization members
No
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

The audit committee and finance & property committee review the form 990 prior to filing with the internal revenue service. A copy of the form 990 is made available to the full board prior to filing with the internal revenue service.

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

Both board members and senior staff complete a conflict of interest questionnaire each year and submit it to the board chair. Senior staff are responsible for monitoring faculty and staff in any agreements that the university enters into with those individuals. Conflicts will be handled by the president and the board of trustees along with university counsel on a case by case basis.

Form 990, Part VI, Section B, Line 15

The independent board compensation committee reviews the performance of the president, comparative pay statistics, as well as the president's multiyear contract in determining compensation. The desicion is documented in the minutes of the committee's meeting. The president reviews performance and comparative pay statistics for all vice presidential and higher positions. Any pay adjustments are recorded in each employee's file.

Form 990, Part VI, Section C, Line 18

The organization will make its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Form 990, Part VI, Section C, Line 19

The organization will make its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Waynesburg University
EIN
25-0965603
Phone
7248527629
Address
51 WEST COLLEGE STREET, WAYNESBURG, PA 15370

Signing Officer

Name
Thomas E Szejko
Title
VP Finance/chief Operating Officer
Phone
7248527629
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas E Szejko
Formed
1850
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
19
Employees
695
Volunteers
25

Preparer

Firm
Schneider Downs & Co Inc
Address
ONE PPG PLACE SUITE 1700, PITTSBURGH, PA 15222
Preparer
Sarah R Piot
Phone
4122613644
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The university qualifies as a tax-exempt, non-for-profit organization under section 501(c)(3) of the internal revenue code. Accordingly, there is no provision for federal or state income taxes. 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, 2025 and 2024. The university is no longer subject to examination of its tax returns for years before 2022.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 1,631.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

STUDENT AID 16,985,233.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 1,631.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

STUDENT AID 16,985,233.

PART III, LINE 4:

Waynesburg university showcases artifacts, pottery, and records dating from 1817 to the present in the university museum which are available for student and public viewing. In addition, the library maintains a collection of old books for research.

PART V, LINE 4:

The university's endowment consists of individual funds established for a variety of purposes and endowment includes both donor-restricted endowment funds and funds designated by the board to function as endowments. As required by accounting principles generally accepted in the united states of america, net assets associated with endowment funds, including funds designated by the board to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The board has developed a policy requiring the preservation of the fair value of the original gift as of the gift date of the donor-restricted endowment funds absent explicit donor stipulations to the contrary. As a result of this interpretation, the university classifies as net assets with donor restrictions (a) the original value of gifts donated to the endowment, (b) the original value of subsequent gifts to the endowment and (c) accumulations to the endowment made in accordance with the direction of the applicable donor gift instrument at the time the accumulation is added to the fund. Board-designated investment funds are balances functioning as an endowment that are established by the university from either donor or institutional monies and are usually to be retained and invested rather than expended. Since board-designated investment funds are established by the university rather than an external source, the principal may be expended, as directed by the board.

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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/Desc0INSTRUCTIONAL:WAYNESBURG UNIVERSITY (UNIVERSITY) IS A PRIVATE, NOT-FOR-PROFIT, COEDUCATIONAL UNIVERSITY CHARTERED BY THE COMMONWEALTH OF PENNSYLVANIA IN 1850 SITUATED IN THE SOUTHWESTERN CORNER OF PENNSYLVANIA. THE UNIVERSITY IS ACCREDITED BY THE MIDDLE STATES ASSOCIATION OF UNIVERSITIES AND SCHOOLS AND HAS A STUDENT BODY OF APPROXIMATELY 1,300.SEE CONTINUATION ON SCHEDULE O.A COMMITMENT TO THE INTEGRATION OF CHRISTIAN FAITH WITHIN THE VARIOUS ACADEMIC DISCIPLINES AND PROFESSIONAL PROGRAMS FOR BOTH UNDERGRADUATE AND GRADUATE STUDENTS.A COMMITMENT TO STUDENT-CENTERED EDUCATION WHERE THE INTERESTS, ASPIRATIONS AND NEEDS OF EACH STUDENT ARE VALUED AND ENCOURAGED.RECOGNITION AS A "COLLEGE OF DISTINCTION" FOR ITS CONTINUED COMMITMENT TO ENGAGED, HANDS-ON EDUCATION, FOSTERING A DYNAMIC LEARNING COMMUNICATION THROUGH A SPECIALIZED FOCUS OF STUDENT-CENTERED EDUCATION AND HIGH-QUALITY OUTCOMES.
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