Civic Intelligence

Wilmington University Inc.

990 • Fiscal year 2013 • EIN 51-0107088

Jul 01, 2012 to Jun 30, 2013 • Filed on Jan 29, 2014

320 North Dupont Highway19720
Siviq Scores

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

Liabilities / Assets

44th percentile

0.29x

Higher debt load relative to assets than 44% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

82nd percentile

14%

Faster asset growth than 82% of similar nonprofits.

2013 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$166,346,339

Up $20,961,842 (+14%) from 2012

Net Assets

Up

$118,687,920

Up $16,420,298 (+16%) from 2012

Liabilities

Up

$47,658,419

Up $4,541,544 (+11%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$98,960,911

Up $7,066,004 (+7.7%) from 2012

Net Income

-

No earlier filing loaded for comparison.

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: $101,837,156Liabilities 2010: $24,443,697Net Assets 2010: $77,393,4592010Assets 2011: $120,663,528Liabilities 2011: $29,195,809Net Assets 2011: $91,467,7192011Assets 2012: $145,384,497Liabilities 2012: $43,116,875Net Assets 2012: $102,267,6222012Assets 2013: $166,346,339Liabilities 2013: $47,658,419Net Assets 2013: $118,687,9202013Assets 2014: $183,431,494Liabilities 2014: $42,074,993Net Assets 2014: $141,356,5012014Assets 2015: $210,099,810Liabilities 2015: $45,691,465Net Assets 2015: $164,408,3452015Assets 2017: $246,599,408Liabilities 2017: $36,669,779Net Assets 2017: $209,929,6292017Assets 2018: $265,600,784Liabilities 2018: $44,236,265Net Assets 2018: $221,364,5192018Assets 2019: $274,872,284Liabilities 2019: $44,403,004Net Assets 2019: $230,469,2802019Assets 2020: $264,863,529Liabilities 2020: $22,561,119Net Assets 2020: $242,302,4102020Assets 2021: $306,496,954Liabilities 2021: $20,560,985Net Assets 2021: $285,935,9692021Assets 2022: $291,760,814Liabilities 2022: $20,405,983Net Assets 2022: $271,354,8312022Assets 2023: $357,282,631Liabilities 2023: $68,390,456Net Assets 2023: $288,892,1752023

Highlighted filing

2013

Assets$166,346,339
Liabilities$47,658,419
Net Assets$118,687,920

Operations Trend

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

$150M$100M$50M$0Expenses 2010: $74,404,6552010Expenses 2011: $84,325,9382011Revenue 2012: $103,507,315Expenses 2012: $91,894,907Net Income 2012: $11,612,4082012Expenses 2013: $98,960,9112013Revenue 2014: $128,313,613Expenses 2014: $104,772,343Net Income 2014: $23,541,2702014Revenue 2015: $131,851,553Expenses 2015: $109,751,202Net Income 2015: $22,100,3512015Revenue 2017: $131,256,542Expenses 2017: $114,954,510Net Income 2017: $16,302,0322017Revenue 2018: $130,894,340Expenses 2018: $116,485,812Net Income 2018: $14,408,5282018Revenue 2019: $123,116,755Expenses 2019: $120,242,198Net Income 2019: $2,874,5572019Revenue 2020: $134,526,149Expenses 2020: $121,216,156Net Income 2020: $13,309,9932020Revenue 2021: $148,642,750Expenses 2021: $114,660,396Net Income 2021: $33,982,3542021Revenue 2022: $129,795,391Expenses 2022: $119,415,820Net Income 2022: $10,379,5712022Revenue 2023: $123,946,874Expenses 2023: $121,397,331Net Income 2023: $2,549,5432023

Highlighted filing

2013

Revenue-
Expenses$98,960,911
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Jan 29, 2014
Return Version
2012v2.1
Gross Receipts
$147,217,762
Mission and Program Overview

Mission

Wilmington university is committed to excellence in teaching, relevancy of the curriculum, and individual attention to students. As an institution with admissions policies that provide access for all, it offers opportunity for higher education to students of varying ages, interests and aspirations.the university provides a range of exemplary career-oriented undergraduate, graduate and doctoral degree programs for a growing and diverse student population. It delivers these programs at locations and times convenient to students and at an affordable price. A highly qualified full-time faculty works closely with part-time faculty drawn from the workplace to ensure that the university's programs prepare students to begin or continue their career, improve their competitiveness in the job market, and engage in lifelong learning.

Filing and Contact Details

Filer

EIN
51-0107088
Raw XML AppendixShowing 400 of 1,046 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/ActivityOrMissionDescription0ESTABLISHED IN 1968, WILMINGTON UNIVERSITY, INC. IS AN OPEN ACCESS PRIVATE INSTITUTION OF HIGHER EDUCATION WITH LOCATIONS IN DELAWARE, NEW JERSEY AND MARYLAND OFFERING UNDERGRADUATE, GRADUATE AND DOCTORAL DEGREES.
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IRS990/Description0WILMINGTON UNIVERSITY IS COMMITTED TO BEING A UNIVERSITY WHERE RESPECT FOR EACH OTHER IS PARAMOUNT, INTEGRITY GUIDES ALL OF OUR CHOICES, PROVIDING EDUCATIONAL OPPORTUNITY IS OUR PRIMARY PURPOSE, AND RESPONSIVENESS TO COMMUNITY NEEDS IS KEY. IN DESIGNING ACADEMIC PROGRAMS AND STUDENT SERVICES, WE SUPPORT INNOVATION AND ACTIVELY SEEK FACULTY WITH EXPERIENCE IN THEIR FIELDS WHO CAN PROVIDE STUDENTS WITH AN EDUCATION FOCUSED ON PRACTICAL APPLICATION.WILMINGTON UNIVERSITY IS CLASSIFIED BY THE CARNEGIE COMMISSION AS A DOCTORAL/RESEARCH UNIVERSITY. THE UNIVERSITY OFFERS 62 DEGREE PROGRAMS AT THE ASSOCIATE'S, BACHELOR'S, MASTER'S AND DOCTORAL LEVELS. THE UNIVERSITY OFFERS DEGREE PROGRAMS IN THE COLLEGE OF ARTS AND SCIENCES, THE COLLEGE OF BUSINESS, THE COLLEGE OF EDUCATION, THE COLLEGE OF HEALTH PROFESSIONS, THE COLLEGE OF SOCIAL AND BEHAVIORAL SCIENCES AND THE COLLEGE OF TECHNOLOGY. THE UNIVERSITY SERVED 17,749 (UNDUPLICATED) STUDENTS DURING FISCAL 2013, OFFERING PROGRAMS AT MULTIPLE LOCATIONS IN DELAWARE, NEW JERSEY AND MARYLAND AS WELL AS PROVIDING AN ON-LINE MODALITY. IN ADDITION THE FOLLOWING WERE ACCOMPLISHED IN FISCAL 2013. THE COLLEGE OF EDUCATION SUCCESSFULLY COMPLETED A NACATE ACCREDITATION REVIEW AND VISIT. THE NACATE EXAMINERS RECOMMENDED FULL, UNCONDITIONAL NCATE ACCREDITATION THROUGH 2020, WITH COMMENDATIONS FOR THE COLLEGE IN THREE OF THE SIX STANDARDS, OUTCOMES ASSESSMENT, FACULTY AND GOVERNANCE. AN EDD IN HIGHER EDUCATION LEADERSHIP WILL BE AVAILABLE AS A COMPLETELY ON-LINE OPTION BEGINNING WITH THE COHORT ENROLLING FOR THE FALL SEMESTER OF 2013. THE COLLEGE OF SOCIAL AND BEHAVIORAL SCIENCES MASTERS PROGRAM IN CLINICAL MENTAL HEALTH COUNSELING RECEIVED ITS CACREP ACCREDITATION. THE COLLEGE OF HEALTH PROFESSIONS INITIATED A DOCTORAL, DNP PROGRAM, WITH THE FIRST COURSE OFFERING IN JANUARY 2013. SIXTEEN STUDENTS WERE ACCEPTED INTO THIS INAUGURAL COHORT. THE UNIVERSITY HAS CONTINUED TO EXPAND AND NUTURE ITS COOPERATIVE EDUCATION PROGRAM WHICH CURRENTLY HAS RELATIONSHIPS WITH APPROXIMATELY 860 BUSINESSES IN WHICH TO PLACE STUDENTS. THE UNIVERSITY SUPPORTS THE MILITARY AND DURING FISCAL 2013 SECURED RECOGNITION AS A MILITARY FRIENDLY SCHOOL AS WELL AS SECURING FULL SERVICEMEMBER OPPORTUNITY COLLEGES CONSORTIUM MEMBERSHIP. THE UNIVERSITY DEVELOPED THREE NEW ACADEMIC PARTNERSHIPS WITH MONTGOMERY AND BUCKS COMMUNITY COLLEGES IN PENNSYLVANIA, AND HOWARD COMMUNITY COLLEGE IN MARYLAND. THE UNIVERSITY INCREASED THE NUMBER OF ON-LINE PROGRAMS BY 11 (22%), AND DEVELOPED 91 NEW ON-LINE COURSES REPRESENTING AN 18% INCREASE. THE NEW JERSEY SITE ADDED FACE TO FACE TUTORING IN MATH AND STATISTICS. THE UNIVERSITY IS CURRENTLY IMPLEMENTING AN IDENTIFICATION CARD PROCESS WHICH WILL BE IMPLEMENTED IN A MULTI STAGE APPROACH. THE FIRST PHASE, WHICH HAS BEEN COMPLETED, WAS ISSUING SMARTCARD IDENTIFICATION BADGES TO ALL FULL TIME FACULTY, STAFF AND STUDENT ATHLETES. THE UNIVERSITY OPENED A NEW 20,000 SQUARE FOOT ATHLETIC FACILTY AND GYMNASIUM ALONG WITH NEW MULTIPURPOSE FIELDS TO SERVICE THE UNIVERSITYS MENS AND WOMENS SOCCER AND LACROSSE TEAMS. IN ADDITION A STUDENT CENTER WAS OPENED TO PROVIDE STUDENTS WITH AN INVITING ATMOSPHERE TO STUDY OR GATHER AND SOCIALIZE WITH THEIR PEERS. WE ARE ESPECIALLY COMMITTED TO CARING FOR OUR STUDENTS AS CUSTOMERS AND PARTNERS AS SUCH THE UNIVERSITY SERVED A TOTAL OF 17,749 STUDENTS INCLUDING 10,992 UNDERGRADUATE AND 6,757 GRADUATE STUDENTS DURING FISCAL 2013. THE UNIVERSITY AWARDED 2,359 TOTAL DEGREES, INCLUDING 1,270 UNDERGRADUATE AND 1,089 GRADUATE DURING FISCAL 2013.
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IRS990/Form990PartVIISectionA/Title5TRUSTEE
IRS990/Form990PartVIISectionA/Title6TRUSTEE
IRS990/Form990PartVIISectionA/Title7TRUSTEE
IRS990/Form990PartVIISectionA/Title8TRUSTEE
IRS990/Form990PartVIISectionA/Title9PRESIDENT
IRS990/Form990PartVIISectionA/Title10SR. VP
IRS990/Form990PartVIISectionA/Title11CHAIRMAN
IRS990/Form990PartVIISectionA/Title12VICE CHAIRMAN & TREASURER
IRS990/Form990PartVIISectionA/Title13VICE CHAIRMAN
IRS990/Form990PartVIISectionA/Title14SECRETARY
IRS990/Form990PartVIISectionA/Title15VICE CHAIRMAN
IRS990/Form990PartVIISectionA/Title16VP
IRS990/Form990PartVIISectionA/Title17VP
IRS990/Form990PartVIISectionA/Title18VP
IRS990/Form990PartVIISectionA/Title19VP
IRS990/Form990PartVIISectionA/Title20VP
IRS990/Form990PartVIISectionA/Title21ASST. VP
IRS990/Form990PartVIISectionA/Title22ASST. VP
IRS990/Form990PartVIISectionA/Title23ASST, VP
IRS990/Form990PartVIISectionA/Title24ASST, VP
IRS990/Form990PartVIISectionA/Title25ASST, VP
IRS990/Form990PartVIISectionA/Title26FORMER PROVOST & VP
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IRS990/MissionDescription0WILMINGTON UNIVERSITY IS COMMITTED TO EXCELLENCE IN TEACHING, RELEVANCY OF THE CURRICULUM, AND INDIVIDUAL ATTENTION TO STUDENTS. AS AN INSTITUTION WITH ADMISSIONS POLICIES THAT PROVIDE ACCESS FOR ALL, IT OFFERS OPPORTUNITY FOR HIGHER EDUCATION TO STUDENTS OF VARYING AGES, INTERESTS AND ASPIRATIONS.THE UNIVERSITY PROVIDES A RANGE OF EXEMPLARY CAREER-ORIENTED UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS FOR A GROWING AND DIVERSE STUDENT POPULATION. IT DELIVERS THESE PROGRAMS AT LOCATIONS AND TIMES CONVENIENT TO STUDENTS AND AT AN AFFORDABLE PRICE. A HIGHLY QUALIFIED FULL-TIME FACULTY WORKS CLOSELY WITH PART-TIME FACULTY DRAWN FROM THE WORKPLACE TO ENSURE THAT THE UNIVERSITY'S PROGRAMS PREPARE STUDENTS TO BEGIN OR CONTINUE THEIR CAREER, IMPROVE THEIR COMPETITIVENESS IN THE JOB MARKET, AND ENGAGE IN LIFELONG LEARNING.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$357$68.4$289$124$121$2.55
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$292$20.4$271$130$119$10.4
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$306$20.6$286$149$115$34.0
2020Summary only. Only limited summary data is available for this year.$265$22.6$242$135$121$13.3
2019Summary only. Only limited summary data is available for this year.$275$44.4$230$123$120$2.87
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$266$44.2$221$131$116$14.4
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$247$36.7$210$131$115$16.3
2015Detailed filing. Detailed filing data is available for this year.$210$45.7$164$132$110$22.1
2014Detailed filing. Detailed filing data is available for this year.$183$42.1$141$128$105$23.5
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$166$47.7$119$99.0
2012Summary only. Only limited summary data is available for this year.$145$43.1$102$104$91.9$11.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$121$29.2$91.5$84.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$102$24.4$77.4$74.4