Civic Intelligence

Hampton University

990 • Fiscal year 2018 • EIN 54-0505990

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

Organization ProfileWWW.HAMPTONU.EDU

View Organization Page

200 William R Harvey WayHampton, VA 23668

(757) 727-5213

Siviq Scores

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

Liabilities / Assets

46th percentile

0.29x

Higher debt load relative to assets than 46% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

77th percentile

1.05x

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

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Net Margin

75th percentile

14%

Higher net margin than 75% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

54th percentile

$959,484

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Asset Growth

51st percentile

3.6%

Faster asset growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

51st percentile

5.3%

Faster revenue growth than 51% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets46th percentile

Assets

Up

$778,746,273

Up $27,113,925 (+3.6%) from 2017

Net Assets

Up

$555,986,622

Up $34,928,284 (+6.7%) from 2017

Liabilities

Down

$222,759,651

Down $7,814,359 (-3.4%) from 2017

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin75th percentile

Revenue

Up

$213,021,748

Up $10,743,405 (+5.3%) from 2017

Expenses

Down

$183,112,357

Down $953,363 (-0.5%) from 2017

Net Income

Up

$29,909,391

Up $11,696,768 (+64%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$1.0B$500M$0Assets 2010: $647,560,316Liabilities 2010: $270,491,681Net Assets 2010: $377,068,6352010Assets 2011: $694,161,356Liabilities 2011: $278,930,710Net Assets 2011: $415,230,6462011Assets 2012: $704,745,249Liabilities 2012: $280,028,096Net Assets 2012: $424,717,1532012Assets 2013: $717,076,637Liabilities 2013: $272,353,419Net Assets 2013: $444,723,2182013Assets 2014: $745,312,279Liabilities 2014: $260,123,531Net Assets 2014: $485,188,7482014Assets 2015: $733,361,256Liabilities 2015: $247,711,371Net Assets 2015: $485,649,8852015Assets 2016: $718,822,876Liabilities 2016: $235,671,008Net Assets 2016: $483,151,8682016Assets 2017: $751,632,348Liabilities 2017: $230,574,010Net Assets 2017: $521,058,3382017Assets 2018: $778,746,273Liabilities 2018: $222,759,651Net Assets 2018: $555,986,6222018Assets 2019: $785,380,790Liabilities 2019: $214,561,185Net Assets 2019: $570,819,6052019Assets 2020: $779,168,098Liabilities 2020: $204,832,961Net Assets 2020: $574,335,1372020Assets 2021: $893,877,520Liabilities 2021: $164,707,869Net Assets 2021: $729,169,6512021Assets 2022: $891,896,119Liabilities 2022: $158,213,151Net Assets 2022: $733,682,9682022Assets 2023: $883,846,859Liabilities 2023: $154,516,355Net Assets 2023: $729,330,5042023Assets 2024: $864,544,695Liabilities 2024: $185,568,677Net Assets 2024: $678,976,0182024

Highlighted filing

2018

Assets$778,746,273
Liabilities$222,759,651
Net Assets$555,986,622
Open 2018 Filing

Operations Trend

Revenue Growth51st percentile

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

$300M$200M$100M$0-$100MExpenses 2010: $141,813,0402010Expenses 2011: $140,141,7602011Expenses 2012: $161,245,0512012Expenses 2013: $163,704,8482013Revenue 2014: $169,223,018Expenses 2014: $150,995,736Net Income 2014: $18,227,2822014Revenue 2015: $168,437,750Expenses 2015: $159,558,220Net Income 2015: $8,879,5302015Revenue 2016: $170,985,690Expenses 2016: $161,141,132Net Income 2016: $9,844,5582016Revenue 2017: $202,278,343Expenses 2017: $184,065,720Net Income 2017: $18,212,6232017Revenue 2018: $213,021,748Expenses 2018: $183,112,357Net Income 2018: $29,909,3912018Revenue 2019: $202,036,791Expenses 2019: $189,492,542Net Income 2019: $12,544,2492019Revenue 2020: $206,010,995Expenses 2020: $186,364,893Net Income 2020: $19,646,1022020Revenue 2021: $270,327,094Expenses 2021: $171,585,436Net Income 2021: $98,741,6582021Revenue 2022: $241,045,941Expenses 2022: $194,863,684Net Income 2022: $46,182,2572022Revenue 2023: $197,393,064Expenses 2023: $212,786,790Net Income 2023: -$15,393,7262023Revenue 2024: $204,439,563Expenses 2024: $240,073,296Net Income 2024: -$35,633,7332024

Highlighted filing

2018

Revenue$213,021,748
Expenses$183,112,357
Net Income$29,909,391
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$336,792,319
Mission and Program Overview

Mission

Hampton university is a comprehensive institution of higher education, dedicated to the promotion of learning, building of character and preparation of promising students for positions of leadership and service. Its curriculum emphasis is scientific and professional with a strong liberal arts undergirding. In carrying out its mission, the university requires that everything that it does be of the highest quality. Research and public service are integral parts of hampton's mission. In order to enhance scholarship and discovery, faculty are engaged in writing, research, and grantsmanship. Faculty, staff and students provide leadership and service to the university as well as the global community. In achieving its mission, hampton university offers exemplary programs and opportunities which enable students, faculty and staff to grow, develop and contribute to our society in a productive, useful manner.

Hampton university is a comprehensive institution of higher education, dedicated to the promotion of learning, building of character, and the preparation of promising students for positions of leadership and service. Its curricular emphasis is scientific and professional with strong liberal arts undergirding. In carrying out its mission, the university requires that everything that it does be of the highest quality. A historically black institution, hampton university is committed to multiculturalism. The university serves students from diverse national, cultural, and economic backgrounds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$396,603,737$408,613,295▲ $12,009,558
Investments Other Securities$156,359,379$172,673,435▲ $16,314,056
Investments in Publicly Traded Securities$137,485,822$130,659,249▼ $6,826,573
Pledges and Grants Receivable$17,661,490$18,842,295▲ $1,180,805
Cash and Non-Interest-Bearing Accounts$10,489,596$14,146,973▲ $3,657,377
Other Notes and Loans Receivable, Net$10,934,532$10,881,557▼ $52,975
Accounts Receivable$9,513,020$9,740,625▲ $227,605
Savings and Temporary Cash Investments$6,474,123$6,768,535▲ $294,412
Prepaid Expenses and Deferred Charges$6,012,115$6,420,309▲ $408,194
Total Assets$751,533,814$778,746,273▲ $27,212,459
Liabilities
Tax Exempt Bond Liabilities$177,061,581$169,237,802▼ $7,823,779
Accounts Payable and Accrued Expenses$18,105,561$19,910,024▲ $1,804,463
Deferred Revenue$20,907,595$19,361,819▼ $1,545,776
Mortgage Notes Payable Secured by Investment Property$7,629,985$7,226,833▼ $403,152
Other Liabilities$6,869,288$7,023,173▲ $153,885
Total Liabilities$230,574,010$222,759,651▼ $7,814,359
Net Assets / Fund Balance
Unrestricted Net Assets$450,385,216$482,169,274▲ $31,784,058
Permanently Rstr Net Assets$57,978,903$59,501,515▲ $1,522,612
Temporarily Rstr Net Assets$12,595,685$14,315,833▲ $1,720,148
Total Net Assets Fund Balance$520,959,804$555,986,622▲ $35,026,818
Total Liabilities and Net Assets / Fund Balance$751,533,814$778,746,273▲ $27,212,459

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$267,649,955$190,241,293$457,891,248
Equipment$113,529,922$90,130,290$203,660,212
Other Land Buildings$23,427,775-$23,427,775
Land$4,005,643-$4,005,643
Other Securities$4,457,134--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$285,946,443$1,522,612▲ $17,175,650$9,250,000$295,394,705
2016$259,112,049$2,233,478▲ $32,111,203$7,510,287$285,946,443
2015$310,130,259$1,288,208▼ $7,259,134$45,047,284$259,112,049
2014$332,077,910$742,227▲ $2,310,122$25,000,000$310,130,259
2013$291,403,104$1,646,891▲ $39,027,915-$332,077,910
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr William R HarveyPresidentFT$495,073$464,411$959,484
Dr James RussellResearch ProfessorFT$259,879$60,058$319,937
Dr Michael MccormickResearch ProfessorFT$256,114$59,188$315,302
Connell MaynorHead Football CoachFT$215,939$49,903$265,842
William B MooreResearch ProfessorFT$189,859$43,876$233,735
Joann W HaysbertChancellor and ProvostFT$182,473$42,170$224,643
Attorney Faye Hardy-lucasVice President and GeneralFT$161,560$37,337$198,897
Mrs Doretha J SpellsVice President for BusinesFT$156,390$36,142$192,532
Dr Sylvia RoseBoard Member-$79,315$18,330$97,645

Board Members and Trustees

NameTitle
Mr Calvin L Butts JrBoard Member
Mr Charles a HarveyBoard Member
Mr Derek R LewisBoard Member
Mr Ed Buddy David EsqBoard Member
Mr James T GeorgeBoard Member
Mr Michael D ArmstrongBoard Member
Mr Sashi Brown EsqBoard Member
Mr Wesley a ColemanBoard Member
Mrs Andrea M WeissBoard Member
Mrs Courtney Dunbar Jones EsqBoard Member
Mrs Leslie Dj PattersonBoard Member
The Honorable Alphonso JacksonBoard Member
Miss Whitney PannellStudent Representative

Highest Paid Contractors

ContractorServicesLocationCompensation
Adrian Builders Group LLCRenovations/repairs213 FIRST COLONIAL ROAD SUITE 119, Virginia Beach, VA 23454$14,369,164
Gourmet Services INCFood Service82 PIEDMONT AVENUE NE, Atlanta, GA 30303$9,126,051
Armada Hoffler Construction CompanyConstruction/repairs249 CENTRAL PARK AVENUE SUITE 300, Virginia Beach, VA 23462$5,813,056
Damuth Trane CompanyHvac Parts And Supplies/repairPO BOX 6276, Chesapeake, VA 23323$3,705,604
Mk Taylor Contractors INCConstruction/repairsPO BOX 519, Hampton, VA 23669$1,499,843
Revenue and Support

Revenue Composition

Contributions and Grants
$52,864,721
Program Service Revenue
$141,944,095
Investment Income
$18,739,767
Other Revenue
$-526,835
All Other Contributions
$20,522,244
Change in Net Assets
$29,909,391

Audited Revenue Reconciliation

Revenue per Audited Statements
$213,295,284
Revenue Not Reported on Financial Statements
$-273,536
Revenue Not Reported on Form 990
$5,117,427
Other Revenue Adjustments
$-273,536
Total Revenue per Audited Statements
$218,412,711
Total Revenue per Form 990
$213,021,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$114,200,349
Salaries, Compensation, and Employee Benefits$67,397,267
Grants and Similar Amounts Paid$1,514,741
Total Fundraising Expense$488,756
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,717,860$9,551,103$139,497$50,408,460
Depreciation Depletion$15,625,317$3,665,198-$19,290,515
Office Expenses$14,262,685$3,344,575$33,064$17,640,324
Occupancy$10,789,701$2,484,572-$13,274,273
Payroll Taxes$9,292,335$2,179,683-$11,472,018
Fees for Services Other$6,058,119$1,395,018-$7,453,137
Interest$5,471,278$1,283,386-$6,754,664
Other Employee Benefits$3,521,406$826,009$9,058$4,356,473
Travel$2,970,563$696,799$11,495$3,678,857
Insurance$1,917,494$449,782-$2,367,276
Information Technology$1,438,141$331,164-$1,769,305
Grants to Domestic Individuals$1,514,741--$1,514,741
Fees for Services Legal$1,169,522$269,309-$1,438,831
Current Officers, Directors, Trustees, and Key Employees$939,856$220,460-$1,160,316
Advertising$508,628$117,123-$625,751
All Other Expenses$299,479$68,961-$368,440
Other Expenses$224,969$51,804$295,642$276,773
Total Functional Expenses$148,789,878$33,833,723$488,756$183,112,357

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$183,385,893
Total Expenses per Audited Statements$183,385,893
Total Expenses per Form 990$183,112,357
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-273,536
Other Expense Adjustments$-273,536
International Activity

International Summary

Offices
0
Employees
0
Spending
$60,877,627

International Compliance

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
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
UnidentifiedInvestment-00$60,877,627
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investment-00-
East Asia and the Pacific - Australia, Brunei, Burma, Cambodia,Investment-00-
Europe (including Iceland & Greenland) - Albania, Andorra, Austria, BelgiumInvestment-00-
Middle East and North Africa - Algeria, Bahrain, Djibouti, Egypt,Investment-00-
North America - Canada and Mexico, But Not the United StatesInvestment-00-
South Asia - Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal,Investment-00-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$373,796
Fundraising Direct Expenses$273,536
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala of Hope$823,588$373,796$166,298$207,498
Total Events$823,588$373,796$273,536$100,260
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
Norma HarveyFirst LadyFor Services Rendered by Her Directly for the Benefit of the University for Events and Related Duties as First LadyNo$40,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loans Refundable$7,023,173

Bond Issues

BondIssuerIssuedIssue PricePurpose
CVirginia Small Business Financing Authority - 2014 Series2014-11-26$115,090,000To refinance 2008 and 2009 series
AHistorically Black Colleges and Universities Capital Financing Program-20132013-05-31$57,604,377To legally defease 2009 series bonds
DVirginia College Building Authority Refunding Revenue Bonds - 2015 Series2015-07-23$14,240,000To refinance 2005 series educational facilities revenue and refunding bonds
BVirginia Small Business Financing Authority-2010 Series2010-01-01$3,240,000To finance capital improvements at the university

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$115,090,000-$8,865,000-
A$57,604,377$53,213,905$7,375,720$941,500
D$14,240,000-$6,617,000-
B$3,240,000$114,442,838$3,240,000$647,162

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
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 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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The audit committee of the board of trustees reviews the form 990 prior to its submission at their scheduled meeting. They receive a copy in advance of the meeting.”

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

“This policy is reviewed by a committee appointed by the provost for violations of, or requests for exceptions. If violations to these standards are found, officers, employees or agents will be subject to disciplinary actions as recommended by the committee. Disciplinary actions may include letters of reprimand, suspensions, or termination of employment. The review process is to be completed within 30 days and a written recommendation made to the provost at that time.”

Form 990, Part VI, Section B, Line 15

“The board reviews the current salary, compares to comparables, and approves a yearly salary increase.”

Form 990, Part VI, Section C, Line 19

“Copies are provided upon request and or inspection in the comptroller's office”

Filing and Contact Details

Filer

Filer Name
Hampton University
EIN
54-0505990
Phone
7577275213
Address
200 WILLIAM R HARVEY WAY, HAMPTON, VA 23668

Signing Officer

Name
Doretha J Spells
Title
Treasurer
Phone
7577275213
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doretha J Spells
Formed
1868
Legal Domicile
Va
Voting Board Members
15
Independent Board Members
13
Employees
2,086
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
701 TOWN CENTER DRIVE, NEWPORT NEWS, VA 23606
Preparer
Hugh Barlow
Phone
7578731033
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Hampton university has an audit committee that assumes responsibility for oversight of the audit of its financial statements and is charged with selection of an independent accountant. There has been no change in the process from prior years.”

Financial Statement Notes

PART III, LINE 1A:

“The university has extensive collections of works of art, historical treasures, and similar assets along with library materials, including books, periodicals, and other items. These collections are maintained and held for research, education, and public exhibition in furtherance of public service. Proceeds from any sales of collections are used to acquire other items for collections. The cost of collections purchased by the university is charged to expense in the year purchased and donated collection items are not recorded. The value of the university's collection has not been determined.”

PART III, LINE 4:

“In 2008, the hampton university museum and archives was one of 10 institutions and individuals recognized and honored as virginia's best artistic and cultural innovators. The museum received an original work of art as its reward and was honored at a ceremony held by governor kaine in richmond.”

PART V, LINE 4:

“The primary objectives for the endowment funds shall be: 1) to maximize the long run total return on the funds entrusted to the endowment consistent with prudent investment practice. Specifically, the goal will be to earn a real return with inflation adjusted of at least 5% over the long term. 2) to provide a reliable source of operating funds to the university.”

PART X, LINE 2:

“Tax positions are recognized or derecognized based on a more-likely-than-not threshold. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which change in judgment occurs. This applies to positions taken or expected to be taken in a tax return. The university recognizes interest accrued related to unrecognized tax benefits and penalties related to unrecognized tax benefits in accounts payable and accrued liabilties, if assessed. No interest expense or penalties have been recognized as of and for the years ended june 30, 2016 and 2015. The university does not believe its consolidated financial statements include (or reflect) any uncertain tax positions.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising expenses reclassed from expense to net revenue -273,536.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Fundraising expense reclassed to net revenue -273,536.”

Raw XML AppendixShowing 400 of 1,180 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/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1GOURMET SERVICES INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2ARMADA HOFFLER CONSTRUCTION COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3DAMUTH TRANE COMPANY
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4MK TAYLOR CONTRACTORS INC
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IRS990/Form990PartVIISectionAGrp/PersonNm3MR CALVIN L BUTTS JR
IRS990/Form990PartVIISectionAGrp/PersonNm4MR WESLEY A COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5MR ED BUDDY DAVID ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm6MR JAMES T GEORGE
IRS990/Form990PartVIISectionAGrp/PersonNm7MR CHARLES A HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm8THE HONORABLE ALPHONSO JACKSON
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IRS990/Form990PartVIISectionAGrp/PersonNm10MR DEREK R LEWIS
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IRS990/Form990PartVIISectionAGrp/PersonNm14MISS WHITNEY PANNELL
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IRS990/Form990PartVIISectionAGrp/PersonNm18DR MICHAEL MCCORMICK
IRS990/Form990PartVIISectionAGrp/PersonNm19CONNELL MAYNOR
IRS990/Form990PartVIISectionAGrp/PersonNm20WILLIAM B MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm21JOANN W HAYSBERT
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14STUDENT REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT FOR BUSINES
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT AND GENERAL
IRS990/Form990PartVIISectionAGrp/TitleTxt17RESEARCH PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18RESEARCH PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19HEAD FOOTBALL COACH
IRS990/Form990PartVIISectionAGrp/TitleTxt20RESEARCH PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHANCELLOR AND PROVOST
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IRS990/MissionDesc0HAMPTON UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION, DEDICATED TO THE PROMOTION OF LEARNING, BUILDING OF CHARACTER AND PREPARATION OF PROMISING STUDENTS FOR POSITIONS OF LEADERSHIP AND SERVICE. ITS CURRICULUM EMPHASIS IS SCIENTIFIC AND PROFESSIONAL WITH A STRONG LIBERAL ARTS UNDERGIRDING. IN CARRYING OUT ITS MISSION, THE UNIVERSITY REQUIRES THAT EVERYTHING THAT IT DOES BE OF THE HIGHEST QUALITY. RESEARCH AND PUBLIC SERVICE ARE INTEGRAL PARTS OF HAMPTON'S MISSION. IN ORDER TO ENHANCE SCHOLARSHIP AND DISCOVERY, FACULTY ARE ENGAGED IN WRITING, RESEARCH, AND GRANTSMANSHIP. FACULTY, STAFF AND STUDENTS PROVIDE LEADERSHIP AND SERVICE TO THE UNIVERSITY AS WELL AS THE GLOBAL COMMUNITY. IN ACHIEVING ITS MISSION, HAMPTON UNIVERSITY OFFERS EXEMPLARY PROGRAMS AND OPPORTUNITIES WHICH ENABLE STUDENTS, FACULTY AND STAFF TO GROW, DEVELOP AND CONTRIBUTE TO OUR SOCIETY IN A PRODUCTIVE, USEFUL MANNER.
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IRS990/OtherExpensesGrp/Desc0HAMPTON UNIVERSITY PROT
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03627910
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13132174
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2138693
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt351804
IRS990/OtherExpensesGrp/ProgramServicesAmt015754854
IRS990/OtherExpensesGrp/ProgramServicesAmt115710632
IRS990/OtherExpensesGrp/ProgramServicesAmt2602298
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IRS990/OtherExpensesGrp/TotalAmt119138448
IRS990/OtherExpensesGrp/TotalAmt2740991
IRS990/OtherExpensesGrp/TotalAmt3276773
IRS990/OtherLiabilitiesGrp/BOYAmt06869288
IRS990/OtherLiabilitiesGrp/EOYAmt07023173
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0139497

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$778,746,273
Liabilities
$222,759,651
Net assets
$555,986,622
Revenue
$213,021,748
Expenses
$183,112,357
Net income
$29,909,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$865$186$679$204$240$35.6
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$884$155$729$197$213$15.4
2022Detailed filing. Detailed filing data is available for this year.$892$158$734$241$195$46.2
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$894$165$729$270$172$98.7
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$779$205$574$206$186$19.6
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$785$215$571$202$189$12.5
2018Detailed filing. Detailed filing data is available for this year.$779$223$556$213$183$29.9
2017Detailed filing. Detailed filing data is available for this year.$752$231$521$202$184$18.2
2016Detailed filing. Detailed filing data is available for this year.$719$236$483$171$161$9.84
2015Detailed filing. Detailed filing data is available for this year.$733$248$486$168$160$8.88
2014Detailed filing. Detailed filing data is available for this year.$745$260$485$169$151$18.2
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$717$272$445$164
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$705$280$425$161
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$694$279$415$140
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$648$270$377$142