Civic Intelligence

South University - Member Inc

EIN 81-5128459 • 501(c)3 • Savannah, GA

Profile

NONE

709 Mall BoulevardSavannah, GA 31406

www.southuniversity.edu

Siviq Scores

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

Liabilities / Assets

80th percentile

0.73x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.37x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

65th percentile

9.2%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

30th percentile

$494,271

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.2% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2022

Asset Growth

25th percentile

-0.2%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2024

Assets

Up

$156,264,687

Up $6,181,264 (+4.1%) from 2023

Liabilities

Down

$113,513,164

Down $22,039,268 (-16%) from 2023

Net Assets

Up

$42,751,523

Up $28,220,532 (+194%) from 2023

Revenue

Up

$305,449,830

Up $38,714,643 (+15%) from 2023

Expenses

Up

$277,229,298

Up $23,348,905 (+9.2%) from 2023

Net Income

Up

$28,220,532

Up $15,365,738 (+120%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200M$150M$100M$50M$0-$50MAssets 2020: $77,423,940Liabilities 2020: $92,307,731Net Assets 2020: -$14,883,7912020Assets 2021: $83,490,080Liabilities 2021: $93,113,402Net Assets 2021: -$9,623,3222021Assets 2022: $156,774,409Liabilities 2022: $155,100,012Net Assets 2022: $1,674,3972022Assets 2023: $150,083,423Liabilities 2023: $135,552,432Net Assets 2023: $14,530,9912023Assets 2024: $156,264,687Liabilities 2024: $113,513,164Net Assets 2024: $42,751,5232024

Highlighted filing

2024

Assets$156,264,687
Liabilities$113,513,164
Net Assets$42,751,523

Operations Trend

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

$400M$300M$200M$100M$0-$100MRevenue 2020: $193,567,087Expenses 2020: $199,620,159Net Income 2020: -$6,053,0722020Revenue 2021: $200,661,342Expenses 2021: $195,406,402Net Income 2021: $5,254,9402021Revenue 2022: $238,455,229Expenses 2022: $227,157,510Net Income 2022: $11,297,7192022Revenue 2023: $266,735,187Expenses 2023: $253,880,393Net Income 2023: $12,854,7942023Revenue 2024: $305,449,830Expenses 2024: $277,229,298Net Income 2024: $28,220,5322024

Highlighted filing

2024

Revenue$305,449,830
Expenses$277,229,298
Net Income$28,220,532

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$305,449,830
Mission and Program Overview

Mission

South university is an academic institution dedicated to providing educational opportunities for the intellectual, social, and professional development of a diverse student population. To achieve this purpose, the institution offers focused and balanced curricula at the associate's, baccalaureate, master's and doctoral levels. A broad-based core curriculum is offered, promoting critical thinking, effective verbal and written communication, and skills for life-long learning. Additionally, the university focuses on developing the requisites to pursue and appreciate knowledge. South university's approach to higher education and the resulting varied academic experiences provide students with the intellectual acumen and pragmatic approach necessary to create the foundation for personal and professional fulfillment. South university attempts to provide a comprehensive education that instills within its students a philosophy that values not only learning and professionalism, but also contribu

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$56,408,001$65,172,980▲ $8,764,979
Savings and Temporary Cash Investments$7,918,509$18,372,579▲ $10,454,070
Land, Buildings, and Equipment, Net$18,222,245$17,580,199▼ $642,046
Intangible Assets$4,962,113$5,744,908▲ $782,795
Prepaid Expenses and Deferred Charges$3,490,813$3,727,393▲ $236,580
Cash and Non-Interest-Bearing Accounts$688,007$876,669▲ $188,662
Total Assets$150,083,423$156,264,687▲ $6,181,264
Other Assets Total$58,393,735$44,789,959▼ $13,603,776
Liabilities
Other Liabilities$111,041,217$87,523,481▼ $23,517,736
Deferred Revenue$16,702,531$18,528,474▲ $1,825,943
Accounts Payable and Accrued Expenses$7,808,684$7,461,209▼ $347,475
Total Liabilities$135,552,432$113,513,164▼ $22,039,268
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,496,415$42,701,647▲ $28,205,232
Net Assets With Donor Restrictions$34,576$49,876▲ $15,300
Total Net Assets Fund Balance$14,530,991$42,751,523▲ $28,220,532
Total Liabilities and Net Assets / Fund Balance$150,083,423$156,264,687▲ $6,181,264

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$12,297,871$17,554,591$29,852,462
Equipment$4,326,715$8,163,857$12,490,572
Other Land Buildings$955,613$8,080,581$9,036,194
Other Assets Org$44,789,959--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steven YohoChancellor & CEOFT$645,460$645,460
Gilbert SingletaryVc Academic AffairsFT$330,088$330,088
Alisa KrouseVc Student AffairsFT$276,402$276,402
Teresa HainesVc for Hr & ChroFT$264,507$264,507
Ricardo MendozaVc AdmissionsFT$256,128$256,128
Michelle KrawczykDean Nursing/public HealthFT$229,018$229,018
Deana Echols HopperVc Financial AidFT$223,069$223,069
Abir KahalehDean Pharmacy (former)FT$220,422$220,422
Ilaria GadallaDean Health ProfessionsFT$216,139$216,139
Gregory ReedControllerFT$210,639$210,639
Matthew GavlikAvc Student SuccessFT$190,523$190,523
Jessica MasonerDean Arts and SciencesFT$162,001$162,001
Christian WrightAvc Academic AffairsFT$161,793$161,793
Kenneth BakerVP of MarketingFT$158,944$158,944
Erik SpoelstraDean Business/info TechFT$140,906$140,906

Board Members and Trustees

NameTitle
Adriann SaxBoard Member
Brad TalbertBoard Member
Brock HaasBoard Member
Maria RussBoard Member
Steven GordonBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$305,449,830
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$28,220,532

Audited Revenue Reconciliation

Revenue per Audited Statements
$272,390,553
Revenue Not Reported on Financial Statements
$33,059,277
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$33,059,277
Total Revenue per Audited Statements
$272,390,553
Total Revenue per Form 990
$305,449,830
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$138,670,395
Salaries, Compensation, and Employee Benefits$105,499,626
Grants and Similar Amounts Paid$33,059,277
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,525,759$10,150,842-$102,676,601
Advertising$44,404,001$4,871,486-$49,275,487
Grants to Domestic Individuals$33,059,277--$33,059,277
Other Expenses$27,166,542$2,854,166-$27,166,542
Occupancy$14,043,248$1,540,661-$15,583,909
Fees for Services Other$7,179,350$787,634-$7,966,984
Depreciation Depletion$4,943,055--$4,943,055
Interest-$4,864,297-$4,864,297
Current Officers, Directors, Trustees, and Key Employees$2,345,304$257,299-$2,602,603
Comp Disqual Persons$198,631$21,791-$220,422
Total Functional Expenses$251,881,122$25,348,176$0$277,229,298

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$277,229,298
Expenses per Audited Statements$244,170,021
Total Expenses per Audited Statements$244,170,021
Expenses Not Reported on Financial Statements$33,059,277
Other Expense Adjustments$33,059,277
Expenses Not Reported on Form 990$0
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
Right of Use Liabilities$51,345,852
Current Portion of Long Term Debt$35,407,495
Deferred Rent$651,422
Long Term Debt$118,712
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

Form 990 will be reviewed and approved by the finance team and ceo.

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

Each director, principal officer, and member of a committee with governing board delegated powers should annually sign a statement which affirms that person: (a) has received a copy of the conflicts of interest policy; (b) has read and understands the policy; (c) has agreed to comply with the policy; and (d) understands that the organization is charitable and that in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure that the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic review should be conducted at least annually. The periodic review should, at a minimum, include: (a) whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining; and (b) whether partnerships, joint ventures, and arrangements with management corporations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Part VI, Section B, Line 15

The board of trustees of south university develops the compensation arrangements for chief employed executives, officers, and key employees. The arrangements are reviewed and approved by the south university board or delegated commitee of the board. The process utilizes impartial decision makers, comparability data, and concurrent documentation in setting compensation.

Form 990, Part VI, Section C, Line 19

Governing documents can be made available upon request

Filing and Contact Details

Filer

Filer Name
South University - Member Inc
EIN
81-5128459
Phone
8884443404
Address
709 MALL BOULEVARD, SAVANNAH, GA 31406

Signing Officer

Name
Greg Reed
Title
Vice Chancellor of Finance and Acct
Phone
8884443404
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Reed
Formed
2023
Legal Domicile
De
Voting Board Members
6
Independent Board Members
6
Employees
2,362
Volunteers
0

Preparer

Firm
Symphona Llp
Address
118 PARK OF COMMERCE DR STE 200, SAVANNAH, GA 31405
Preparer
Taylor M Roop
Phone
9122381001
Supplemental Narrative

Additional Explanations

ORGANIZATION'S MISSION

South university is an academic institution dedicated to providing educational opportunities for the intellectual, social, and professional development of a diverse student population. To achieve this purpose, the institution offers focused and balanced curricula at the associate's, baccalaureate, master's and doctoral levels. A broad-based core curriculum is offered, promoting critical thinking, effective verbal and written communication, and skills for life-long learning. Additionally, the university focuses on developing the requisites to pursue and appreciate knowledge as well as a pursuit of lifelong learning. South university's approach to higher education and the resulting flexible academic experiences provide students with the intellectual insight and sensible approach necessary to create the foundation for personal and professional fulfillment. South university has a goal to provide a comprehensive education that instills within its students a philosophy that values not only learning and professionalism, but also contribution and commitment to the advancement of community. Believing that qualified individuals should have the privilege of formal academic training, south university welcomes those who seek educational challenges. To this end, the university provides a learning environment, both on campus and online, that helps students identify goals and the means to achieve them. With this philosophy in mind, students learn by interacting with a community of faculty, staff, and administration dedicated to south university's academic purpose.

FORM 990, PART XII, LINE 2C:

The committee has not changed its oversight or selection process.

Financial Statement Notes

PART X, LINE 2:

The university is a corporation that is exempt from federal income taxes under section 501(c)(3) of the internal revenue code (irc) whereby only unrelated business income as defined by section 512(a)(1) of the irc is subject to federal income tax. Any tax on the unrelated business activities is not significant to the consolidated financial statements. Accordingly, no provision or liability for federal or state income taxes is recorded in these consolidated financial statements. The fasb requires management to annually evaluate the university's tax position, including accounting for and measurement of uncertain tax positions. For the year ended december 31, 2023, management concluded that no uncertain tax positions had been taken that would require adjustment to or disclosure in the consolidated financial statements. With few exceptions, the organization is no longer subject to income tax examinations by federal, state, or local tax authorities for years before 2020.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and grants 26,017,316. Aid waivers and adjustments 7,041,961.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Scholarships and grants 26,017,316. Aid waivers and adjustments 7,041,961.

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IRS990/Desc0SOUTH UNIVERSITY IS AN ACADEMIC INSTITUTION DEDICATED TO PROVIDING EDUCATIONAL OPPORTUNITIES FOR THE INTELLECTUAL, SOCIAL AND PROFESSIONAL DEVELOPMENT OF A DIVERSE STUDENT POPULATION. SOUTH UNIVERSITY IS RECOGNIZED AS A 501(C)(3) ENTITY BY THE INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY. SOUTH UNIVERSITY IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO AWARD ASSOCIATE, BACCALAUREATE, MASTERS AND DOCTORATE DEGREES. WITH 11 LOCATIONS IN ALABAMA, FLORIDA, GEORGIA, NORTH CAROLINA,SOUTH CAROLINA, TEXAS, AND VIRGINIA,SOUTH UNIVERSITY'S APPROACH TO HIGHER EDUCATION, AND THE RESULTING VARIED ACADEMIC EXPERIENCES, PROVIDES STUDENTS WITH THE PRAGMATIC APPROACH NECESSARY TO CREATE THE FOUNDATION FOR PERSONAL AND PROFESSIONAL FULFILLMENT. THE UNIVERSITY PROVIDES A LEARNING ENVIRONMENT, BOTH ON-CAMPUS AND ONLINE, THAT HELPS STUDENTS IDENTIFY GOALS AND THE MEANS TO ACHIEVE THEM. WITH THIS PHILOSOPHY IN MIND, STUDENTS CAN LEARN BY INTERACTING WITH A COMMUNITY OF FACULTY, STAFF AND ADMINISTRATION DEDICATED TO SOUTH UNIVERSITY'S ACADEMIC PURPOSE. SOUTH UNIVERSITY OFFERS ACADEMIC PROGRAMS ACROSS ITS 11 CAMPUSES AND THROUGH ONLINE PROGRAMS. THE UNIVERSITY'S ACADEMICS ARE ORGANIZED ACROSS FIVE COLLEGES: ARTS AND SCIENCES, BUSINESS, HEALTH PROFESSIONS, NURSING AND PUBLIC HEALTH, THEOLOGY - AND A SCHOOL OF PHARMACY.IN FALL 2024, A TOTAL OF 12,528 STUDENTS ENROLLED AT SOUTH UNIVERSITYCAMPUSES AND ONLINE WITH 84% WHO ATTEND FULLY ONLINE. MORE THAN 29% OFSTUDENTS ARE ENROLLED IN GRADUATE PROGRAMS. 71% OF STUDENTSARE FROM DIVERSE POPULATIONS - AND 75% OF STUDENTS ARE FEMALE.
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IRS990/Form990PartVIISectionAGrp/PersonNm13MATTHEW GAVLIK
IRS990/Form990PartVIISectionAGrp/PersonNm14KENNETH BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm15GREGORY REED
IRS990/Form990PartVIISectionAGrp/PersonNm16JESSICA MASONER
IRS990/Form990PartVIISectionAGrp/PersonNm17CHRISTIAN WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm18ERIK SPOELSTRA
IRS990/Form990PartVIISectionAGrp/PersonNm19ABIR KAHALEH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2645460
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6276402
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7264507
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8223069
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9256128
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10330088
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11229018
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12216139
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13190523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14158944
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15210639
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16162001
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17161793
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18140906
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19220422
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHANCELLOR & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VC STUDENT AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt7VC FOR HR & CHRO
IRS990/Form990PartVIISectionAGrp/TitleTxt8VC FINANCIAL AID
IRS990/Form990PartVIISectionAGrp/TitleTxt9VC ADMISSIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt10VC ACADEMIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt11DEAN NURSING/PUBLIC HEALTH
IRS990/Form990PartVIISectionAGrp/TitleTxt12DEAN HEALTH PROFESSIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13AVC STUDENT SUCCESS
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt15CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt16DEAN ARTS AND SCIENCES
IRS990/Form990PartVIISectionAGrp/TitleTxt17AVC ACADEMIC AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt18DEAN BUSINESS/INFO TECH
IRS990/Form990PartVIISectionAGrp/TitleTxt19DEAN PHARMACY (FORMER)
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02023
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt033059277
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt033059277
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt033059277
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0305449830
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt015
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt04962113
IRS990/IntangibleAssetsGrp/EOYAmt05744908
IRS990/InterestGrp/ManagementAndGeneralAmt04864297
IRS990/InterestGrp/TotalAmt04864297
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0938
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt033799029
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018222245
IRS990/LandBldgEquipBasisNetGrp/EOYAmt017580199
IRS990/LandBldgEquipCostOrOtherBssAmt051379228
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014530991
IRS990/NetAssetsOrFundBalancesEOYAmt042751523
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014496415
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt042701647
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01540661
IRS990/OccupancyGrp/ProgramServicesAmt014043248
IRS990/OccupancyGrp/TotalAmt015583909
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt058393735
IRS990/OtherAssetsTotalGrp/EOYAmt044789959
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02854166
IRS990/OtherExpensesGrp/ProgramServicesAmt026015955
IRS990/OtherExpensesGrp/ProgramServicesAmt127166542
IRS990/OtherExpensesGrp/TotalAmt028870121
IRS990/OtherExpensesGrp/TotalAmt127166542
IRS990/OtherLiabilitiesGrp/BOYAmt0111041217
IRS990/OtherLiabilitiesGrp/EOYAmt087523481
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010150842
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt092525759
IRS990/OtherSalariesAndWagesGrp/TotalAmt0102676601
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03490813
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03727393
IRS990/PrincipalOfficerNm0GREG REED
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1OTHER AUXILIARY SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0299894192
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt15540638
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0299894192
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt15540638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt031677305
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0127305480
IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt012854794
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0266735187
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0305449830
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07918509
IRS990/SavingsAndTempCashInvstGrp/EOYAmt018372579
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04326715
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08163857
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012490572
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt033059277
IRS990ScheduleD/ExpensesSubtotalAmt0244170021
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt012297871
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt017554591
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt029852462
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt044789959
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSETS
IRS990ScheduleD/OtherExpensesNotIncludedAmt033059277
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0955613
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08080581
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09036194
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt051345852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1118712
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt235407495
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3651422
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RIGHT OF USE LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CURRENT PORTION OF LONG TERM DEBT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED RENT
IRS990ScheduleD/OtherRevenuesNotIncludedAmt033059277
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt033059277
IRS990ScheduleD/RevenueSubtotalAmt0272390553
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE UNIVERSITY IS A CORPORATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) WHEREBY ONLY UNRELATED BUSINESS INCOME AS DEFINED BY SECTION 512(A)(1) OF THE IRC IS SUBJECT TO FEDERAL INCOME TAX. ANY TAX ON THE UNRELATED BUSINESS ACTIVITIES IS NOT SIGNIFICANT TO THE CONSOLIDATED FINANCIAL STATEMENTS. ACCORDINGLY, NO PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES IS RECORDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE FASB REQUIRES MANAGEMENT TO ANNUALLY EVALUATE THE UNIVERSITY'S TAX POSITION, INCLUDING ACCOUNTING FOR AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. FOR THE YEAR ENDED DECEMBER 31, 2023, MANAGEMENT CONCLUDED THAT NO UNCERTAIN TAX POSITIONS HAD BEEN TAKEN THAT WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2020.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIPS AND GRANTS 26,017,316. AID WAIVERS AND ADJUSTMENTS 7,041,961.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS AND GRANTS 26,017,316. AID WAIVERS AND ADJUSTMENTS 7,041,961.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017580199
IRS990ScheduleD/TotalBookValueOtherAssetsAmt044789959
IRS990ScheduleD/TotalExpensesPerForm990Amt0277229298
IRS990ScheduleD/TotalLiabilityAmt087523481
IRS990ScheduleD/TotalRevenuePerForm990Amt0305449830
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0272390553
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0244170021
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00

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