Civic Intelligence

Fontbonne University

EIN 43-0694556 • 501(c)3 • St Louis, MO

Profile

Fontbonne university is a coeducational institution of higher learning dedicated to the discovery, understanding, preservation, and dissemination of truth. Fontbonne seeks to educate students to think critically, to act ethically, and to assume responsibility as citizens and leaders. Fontbonne offers both undergraduate and graduate programs in an atmosphere characterized by inclusion, open communication, and personal concern. The undergraduate programs provide a synthesis of liberal and professional education. As a catholic university founded by the sisters of st. Joseph of carondelet, fontbonne is rooted in the judeo-christian tradition.

9920 Watson Rd Ste 115St Louis, MO 63126

www.fontbonne.edu

Siviq Scores

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

Liabilities / Assets

77th percentile

0.56x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.75x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

14th percentile

-15%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

57th percentile

$284,151

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

8th percentile

-10%

Faster asset growth than 8% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-13%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Down

$14,698,283

Down $12,505,213 (-46%) from 2024

Liabilities

Down

$487,156

Down $933,854 (-66%) from 2024

Net Assets

Down

$14,211,127

Down $11,571,359 (-45%) from 2024

Revenue

Down

$8,096,457

Down $36,208,416 (-82%) from 2024

Expenses

Down

$18,757,094

Down $19,225,926 (-51%) from 2024

Net Income

Down

-$10,660,637

Down $16,982,490 (-269%) from 2024

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $68,839,758Liabilities 2010: $21,515,963Net Assets 2010: $47,323,7952010Assets 2011: $68,497,366Liabilities 2011: $19,860,435Net Assets 2011: $48,636,9312011Assets 2012: $64,960,796Liabilities 2012: $19,361,814Net Assets 2012: $45,598,9822012Assets 2013: $60,353,497Liabilities 2013: $15,956,467Net Assets 2013: $44,397,0302013Assets 2014: $60,679,110Liabilities 2014: $16,234,072Net Assets 2014: $44,445,0382014Assets 2015: $56,144,938Liabilities 2015: $15,455,941Net Assets 2015: $40,688,9972015Assets 2016: $51,151,186Liabilities 2016: $15,984,165Net Assets 2016: $35,167,0212016Assets 2017: $49,064,362Liabilities 2017: $16,265,754Net Assets 2017: $32,798,6082017Assets 2018: $54,765,773Liabilities 2018: $22,970,680Net Assets 2018: $31,795,0932018Assets 2019: $59,021,704Liabilities 2019: $28,902,316Net Assets 2019: $30,119,3882019Assets 2020: $51,486,952Liabilities 2020: $32,156,506Net Assets 2020: $19,330,4462020Assets 2021: $54,325,059Liabilities 2021: $28,964,586Net Assets 2021: $25,360,4732021Assets 2022: $47,781,957Liabilities 2022: $23,970,412Net Assets 2022: $23,811,5452022Assets 2023: $42,986,299Liabilities 2023: $24,185,186Net Assets 2023: $18,801,1132023Assets 2024: $27,203,496Liabilities 2024: $1,421,010Net Assets 2024: $25,782,4862024Assets 2025: $14,698,283Liabilities 2025: $487,156Net Assets 2025: $14,211,1272025

Highlighted filing

2025

Assets$14,698,283
Liabilities$487,156
Net Assets$14,211,127

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $42,932,2232010Expenses 2011: $43,744,9382011Expenses 2012: $43,825,6682012Expenses 2013: $41,390,3032013Revenue 2014: $40,002,058Expenses 2014: $40,645,070Net Income 2014: -$643,0122014Revenue 2015: $35,644,355Expenses 2015: $39,443,038Net Income 2015: -$3,798,6832015Revenue 2016: $35,935,587Expenses 2016: $41,350,665Net Income 2016: -$5,415,0782016Revenue 2017: $37,384,754Expenses 2017: $39,181,148Net Income 2017: -$1,796,3942017Revenue 2018: $37,611,753Expenses 2018: $38,928,030Net Income 2018: -$1,316,2772018Revenue 2019: $35,937,986Expenses 2019: $37,890,144Net Income 2019: -$1,952,1582019Revenue 2020: $33,146,168Expenses 2020: $36,327,397Net Income 2020: -$3,181,2292020Revenue 2021: $38,582,206Expenses 2021: $34,992,996Net Income 2021: $3,589,2102021Revenue 2022: $36,840,552Expenses 2022: $34,939,671Net Income 2022: $1,900,8812022Revenue 2023: $32,156,221Expenses 2023: $36,977,822Net Income 2023: -$4,821,6012023Revenue 2024: $44,304,873Expenses 2024: $37,983,020Net Income 2024: $6,321,8532024Revenue 2025: $8,096,457Expenses 2025: $18,757,094Net Income 2025: -$10,660,6372025

Highlighted filing

2025

Revenue$8,096,457
Expenses$18,757,094
Net Income-$10,660,637

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$14.7$0.49$14.2$8.10$18.8$10.7
2024Detailed filing. Detailed filing data is available for this year.$27.2$1.42$25.8$44.3$38.0$6.32
2023Detailed filing. Detailed filing data is available for this year.$43.0$24.2$18.8$32.2$37.0$4.82
2022Detailed filing. Detailed filing data is available for this year.$47.8$24.0$23.8$36.8$34.9$1.90
2021Detailed filing. Detailed filing data is available for this year.$54.3$29.0$25.4$38.6$35.0$3.59
2020Detailed filing. Detailed filing data is available for this year.$51.5$32.2$19.3$33.1$36.3$3.18
2019Detailed filing. Detailed filing data is available for this year.$59.0$28.9$30.1$35.9$37.9$1.95
2018Detailed filing. Detailed filing data is available for this year.$54.8$23.0$31.8$37.6$38.9$1.32
2017Detailed filing. Detailed filing data is available for this year.$49.1$16.3$32.8$37.4$39.2$1.80
2016Detailed filing. Detailed filing data is available for this year.$51.2$16.0$35.2$35.9$41.4$5.42
2015Detailed filing. Detailed filing data is available for this year.$56.1$15.5$40.7$35.6$39.4$3.80
2014Detailed filing. Detailed filing data is available for this year.$60.7$16.2$44.4$40.0$40.6$0.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.4$16.0$44.4$41.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.0$19.4$45.6$43.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.5$19.9$48.6$43.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$68.8$21.5$47.3$42.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 6, 2026
Return Version
2024v5.5
Gross Receipts
$10,819,713
Mission and Program Overview

Mission

Fontbonne university is a coeducational institution of higher learning dedicated to the discovery, understanding, preservation, and dissemination of truth. Fontbonne seeks to educate students to think critically, to act ethically, and to assume responsibilty as citizens and leaders. Fontbonne offers both undergraduate and graduate programs in an atmosphere characterized by inclusion, open communication, and personal concern. The undergraduate programs provide a synthesis of liberal and professional education. As a catholic university sponsored by the sisters of st. Joseph of carondelet, fontbonne is rooted in the judeo-christian tradition.

Fontbonne university is a coeducational institution of higher learning that seeks to educate students to think critically, to act ethically and to assume responsibility as citizens and leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$18,099,554$10,488,083▼ $7,611,471
Investments in Publicly Traded Securities$4,703,993$2,215,614▼ $2,488,379
Land, Buildings, and Equipment, Net$1,405,866$1,074,454▼ $331,412
Prepaid Expenses and Deferred Charges$378,074$592,243▲ $214,169
Pledges and Grants Receivable$1,557,573$227,889▼ $1,329,684
Accounts Receivable$1,029,780$100,000▼ $929,780
Investments Program Related$28,656$0▼ $28,656
Total Assets$27,203,496$14,698,283▼ $12,505,213
Liabilities
Accounts Payable and Accrued Expenses$896,809$444,335▼ $452,474
Other Liabilities$524,201$42,821▼ $481,380
Total Liabilities$1,421,010$487,156▼ $933,854
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,116,107$13,983,238▼ $11,132,869
Net Assets With Donor Restrictions$666,379$227,889▼ $438,490
Total Net Assets Fund Balance$25,782,486$14,211,127▼ $11,571,359
Total Liabilities and Net Assets / Fund Balance$27,203,496$14,698,283▼ $12,505,213

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,074,454$13,953,565$15,028,019
Leasehold Improvements$0$542,368$542,368

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$4,975,255---$4,975,255
2023$10,251,808$1,325▲ $917,346$6,195,224$4,975,255
2022$12,589,330$525,000▲ $1,239,337$4,101,859$10,251,808
2021$16,817,982$1,000,000▼ $1,943,819$3,284,833$12,589,330
2020$15,162,956$251,329▲ $3,293,967$1,890,270$16,817,982
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy BlattnerPresidentFT$391,658$45,577$437,235
Adam WeyhauptExecutive VP and ProvostFT$238,469$60,824$299,293
Ann SpallCFO/VP of Finance & AdminFT$140,778$30,778$171,556
Raymond KarasekVP for OperationsFT$120,156$45,807$165,963
Meaghan OngAssociate Provost and RegistrarFT$107,733$45,348$153,081
Gale Borkowski RiceFacultyFT$108,875$18,460$127,335

Highest Paid Contractors

ContractorServicesLocationCompensation
Aladdin Food ManagementFood Service16567 COLLECTIONS CENTER DR, Chicago, IL 60693$727,642
National Management ResourcesFacilities ManagementPO BOX 1224, Lagrange, GA 30241$704,278
Per Mar SecurityPublic SafetyPO BOX 1101, Davenport, IA 52805$305,666
Ub GreensfelderLegal Services10 S BROADWAY STE 2000, St Louis, MO 63102$190,374
Huskey TrailwaysTransportation Services1 CAVE INDUSTRIAL DR, Festus, MO 63028$165,707
Revenue and Support

Revenue Composition

Contributions and Grants
$1,215,395
Program Service Revenue
$6,280,188
Investment Income
$599,874
Other Revenue
$1,000
All Other Contributions
$582,078
Change in Net Assets
$-10,660,637

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,089,672
Revenue Not Reported on Financial Statements
$6,785
Revenue Not Reported on Form 990
$-2,976,953
Total Revenue per Audited Statements
$5,112,719
Total Revenue per Form 990
$8,096,457
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,932,256
Other Expenses$6,495,661
Grants and Similar Amounts Paid$3,329,177
Total Fundraising Expense$582,113
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,421,926$269,258$188,271$5,879,455
Grants to Domestic Individuals$3,329,177--$3,329,177
Occupancy$2,019,386--$2,019,386
Current Officers, Directors, Trustees, and Key Employees$189,667$682,548$271,649$1,143,864
Other Employee Benefits$966,785$70,015$43,128$1,079,928
All Other Expenses$516,362$333,236$41,384$890,982
Office Expenses$163,275$484,270$13,072$660,617
Payroll Taxes$406,100$98,020$10,006$514,126
Insurance$439,316--$439,316
Information Technology$238,351$104,949-$343,300
Pension Plan Contributions$250,601$49,679$14,603$314,883
Depreciation Depletion$197,655--$197,655
Fees for Services Legal-$170,342-$170,342
Other Expenses$112,373--$112,373
Fees for Services Accounting-$77,500-$77,500
Fees for Services Other-$50,377-$50,377
Travel$34,094$15,171-$49,265
Advertising$48,050--$48,050
Interest$10,506--$10,506
Fees for Service Investment Mgmnt Fees-$6,785-$6,785
Conferences and Meetings$912--$912
Total Functional Expenses$15,762,831$2,412,150$582,113$18,757,094

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,757,094
Total Expenses per Audited Statements$16,684,078
Expenses per Audited Statements$15,684,078
Expenses Not Reported on Financial Statements$3,073,016
Other Expense Adjustments$3,066,231
Expenses Not Reported on Form 990$1,000,000
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contract Liabilities$29,198
Refundable Government Loans$13,623
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
No
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 form 990 is reviewed by management and the board of trustees. Once the form 990 is approved by the board of trustees it is filed with the irs by management.

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

The university requires each trustee of the board to complete a conflict of interest statement on an annual basis. The process is monitored by the president's office. Conflicts of interest are summarized by the president's office and, when applicable, key employees and/or board trustees are excused from meetings and votes when a topic related to the conflict is being discussed or voted on by the university.

Form 990, Part VI, Section B, Line 15

Salary adjustments for faculty and staff are typically made effective either at the beginning of the fiscal year, beginning of a new contract period or at the beginning of the calendar year. Any salary adjustments made are subject to review and approval by the employee's immediate supervisor unless an across the board adjustment is made for all faculty and staff. Those across the board adjustments would be approved by the executive leadership team. The total compensation provided to the university president is reviewed and approved by the executive committee of the university's board of trustees.

Form 990, Part VI, Section C, Line 19

The documents are available upon written request addressed to the university institutional advancement office.

Filing and Contact Details

Filer

Filer Name
Fontbonne University
EIN
43-0694556
Phone
3148894586
Address
9920 WATSON RD STE 115, ST LOUIS, MO 63126

Signing Officer

Name
Ann Spall
Title
CFO/VP of Finance & Admin
Phone
3148894586
Signed
2026-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ann Spall
Formed
1923
Legal Domicile
Mo
Voting Board Members
21
Independent Board Members
21
Employees
442
Volunteers
50

Preparer

Firm
Rubinbrown Llp
Address
7676 FORSYTH BLVD SUITE 2100, SAINT LOUIS, MO 63105
Preparer
Kimberly a Ryan
Phone
3142903300
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There is no change from the prior year.

Schedule O, Additional Disclosure

On march 10, 2024, the university's board of trustees voted to close the university. The university anticipates to continue to provide educational services to students through the summer of 2025, after which it will liquidate any remaining assets and formally wind down operations of the not-for-profit corporation over the next several subsequent years. Management's plans to execute the closure of the university include certain reductions in operations and costs savings, inclusive of severance to applicable employees. The university will not accept new students and will only continue to provide educational services to students that were currently enrolled as of this date. Management anticipates that the proceeds from the sale of the university's campus, along with other sources of revenue, will provide sufficient cash flows over the period of closure that will allow the university to meet its obligations as they come due.

Financial Statement Notes

PART III, LINE 4:

Fontbonne presents artwork throughout the library.

PART V, LINE 4:

The university's endowment funds were established for a variety of purposes, mostly to provide scholarships for students and to support a variety of academic programs offered by the university. The endowment includes both donor-restricted endowment funds and funds designated by the board of trustees to function as endowments (including the long-term reserves).

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Financial aid netted against revenues on financial statements -3,066,231.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Financial aid netted against revenues on financial statements 3,066,231.

Raw XML AppendixShowing 400 of 806 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/MissionDesc0FONTBONNE UNIVERSITY IS A COEDUCATIONAL INSTITUTION OF HIGHER LEARNING DEDICATED TO THE DISCOVERY, UNDERSTANDING, PRESERVATION, AND DISSEMINATION OF TRUTH. FONTBONNE SEEKS TO EDUCATE STUDENTS TO THINK CRITICALLY, TO ACT ETHICALLY, AND TO ASSUME RESPONSIBILITY AS CITIZENS AND LEADERS. FONTBONNE OFFERS BOTH UNDERGRADUATE AND GRADUATE PROGRAMS IN AN ATMOSPHERE CHARACTERIZED BY INCLUSION, OPEN COMMUNICATION, AND PERSONAL CONCERN. THE UNDERGRADUATE PROGRAMS PROVIDE A SYNTHESIS OF LIBERAL AND PROFESSIONAL EDUCATION. AS A CATHOLIC UNIVERSITY FOUNDED BY THE SISTERS OF ST. JOSEPH OF CARONDELET, FONTBONNE IS ROOTED IN THE JUDEO-CHRISTIAN TRADITION.
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