Civic Intelligence

Ferrum College

990T • Fiscal year 2024 • EIN 54-0506457

Jul 01, 2023 to Jun 30, 2024 • Filed on May 15, 2025

Organization ProfileWWW.FERRUM.EDU

View Organization Page

P O Box 1000Ferrum, VA 24088

(540) 365-4231

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

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.

$150M$100M$50M$0Assets 2010: $89,219,388Liabilities 2010: $29,720,174Net Assets 2010: $59,499,2142010Assets 2011: $100,097,838Liabilities 2011: $29,929,425Net Assets 2011: $70,168,4132011Assets 2012: $105,110,578Liabilities 2012: $32,700,742Net Assets 2012: $72,409,8362012Assets 2013: $114,229,674Liabilities 2013: $35,680,653Net Assets 2013: $78,549,0212013Assets 2014: $121,113,100Liabilities 2014: $35,031,855Net Assets 2014: $86,081,2452014Assets 2015: $120,240,510Liabilities 2015: $33,319,540Net Assets 2015: $86,920,9702015Assets 2016: $116,739,301Liabilities 2016: $32,056,116Net Assets 2016: $84,683,1852016Assets 2017: $124,203,089Liabilities 2017: $31,439,613Net Assets 2017: $92,763,4762017Assets 2018: $125,074,857Liabilities 2018: $32,589,860Net Assets 2018: $92,484,9972018Assets 2019: $124,844,640Liabilities 2019: $32,443,032Net Assets 2019: $92,401,6082019Assets 2020: $125,611,329Liabilities 2020: $34,556,847Net Assets 2020: $91,054,4822020Assets 2021: $138,488,654Liabilities 2021: $31,535,326Net Assets 2021: $106,953,3282021Assets 2022: $126,663,415Liabilities 2022: $28,348,191Net Assets 2022: $98,315,2242022Assets 2023: $126,357,545Liabilities 2023: $28,152,478Net Assets 2023: $98,205,0672023Assets 2024: $124,498,875Liabilities 2024: $25,229,066Net Assets 2024: $99,269,8092024

Latest loaded filing

2024

Assets$124,498,875
Liabilities$25,229,066
Net Assets$99,269,809
Open 2024 Filing

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $41,383,6792010Revenue 2011: $50,466,390Expenses 2011: $44,925,689Net Income 2011: $5,540,7012011Expenses 2012: $48,958,5252012Expenses 2013: $52,553,6342013Revenue 2014: $56,312,691Expenses 2014: $53,793,788Net Income 2014: $2,518,9032014Revenue 2015: $58,441,065Expenses 2015: $56,950,012Net Income 2015: $1,491,0532015Revenue 2016: $53,961,422Expenses 2016: $54,484,433Net Income 2016: -$523,0112016Revenue 2017: $57,698,507Expenses 2017: $54,376,055Net Income 2017: $3,322,4522017Revenue 2018: $51,272,796Expenses 2018: $53,566,276Net Income 2018: -$2,293,4802018Revenue 2019: $52,056,769Expenses 2019: $53,791,127Net Income 2019: -$1,734,3582019Revenue 2020: $50,862,337Expenses 2020: $53,101,585Net Income 2020: -$2,239,2482020Revenue 2021: $55,095,232Expenses 2021: $50,724,669Net Income 2021: $4,370,5632021Revenue 2022: $48,896,269Expenses 2022: $51,555,496Net Income 2022: -$2,659,2272022Revenue 2023: $43,486,308Expenses 2023: $48,426,770Net Income 2023: -$4,940,4622023Revenue 2024: $43,150,167Expenses 2024: $47,747,076Net Income 2024: -$4,596,9092024

Latest loaded filing

2024

Revenue$43,150,167
Expenses$47,747,076
Net Income-$4,596,909
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v8.0
Mission and Program Overview

Mission

Ferrum college is a 4 year liberal arts institution founded on christian principles and related to the united methodist church. It is our mission to educate students in the disciplines of higher learning and to help them be thoughtful and perceptive, to be articulate and professionally capable, and to be caring and concerned citizens in their community, nation, and world.

Filing and Contact Details

Filer

Filer Name
Ferrum College
EIN
54-0506457
Phone
5403654231
Address
P O BOX 1000, FERRUM, VA 24088

Signing Officer

Name
Dr Mirta M Martin
Title
President
Phone
5403654231
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Brown Edwards & Company Llp
Address
105 ARBOR DRIVE 3RD FLOOR, CHRISTIANSBURG, VA 24073
Preparer
Mark Woolwine
Phone
5404433606
Raw XML Appendix182 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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IRS990TScheduleA/TotalRentDeductionsAmt00
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ReturnHeader/ReturnTs02025-05-15T10:49:31-05:00
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ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990TFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
-
Liabilities
-
Net assets
-
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$124$25.2$99.3$43.2$47.7$4.60
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.
2023Detailed filing. Detailed filing data is available for this year.$126$28.2$98.2$43.5$48.4$4.94
2022Detailed filing. Detailed filing data is available for this year.$127$28.3$98.3$48.9$51.6$2.66
2021Detailed filing. Detailed filing data is available for this year.$138$31.5$107$55.1$50.7$4.37
2020Detailed filing. Detailed filing data is available for this year.$126$34.6$91.1$50.9$53.1$2.24
2019Detailed filing. Detailed filing data is available for this year.$125$32.4$92.4$52.1$53.8$1.73
2018Detailed filing. Detailed filing data is available for this year.$125$32.6$92.5$51.3$53.6$2.29
2017Detailed filing. Detailed filing data is available for this year.$124$31.4$92.8$57.7$54.4$3.32
2016Detailed filing. Detailed filing data is available for this year.$117$32.1$84.7$54.0$54.5$0.52
2015Detailed filing. Detailed filing data is available for this year.$120$33.3$86.9$58.4$57.0$1.49
2014Detailed filing. Detailed filing data is available for this year.$121$35.0$86.1$56.3$53.8$2.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$114$35.7$78.5$52.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$32.7$72.4$49.0
2011Summary only. Only limited summary data is available for this year.$100$29.9$70.2$50.5$44.9$5.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$89.2$29.7$59.5$41.4