Civic Intelligence

Whitworth University

990 • Fiscal year 2021 • EIN 91-0473310

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 03, 2022

300 W Hawthorne RoadSpokane, WA 99251

(509) 777-4225

Siviq Scores

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

Liabilities / Assets

51st percentile

0.30x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.54x

Higher debt load relative to revenue than 51% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

82nd percentile

33%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

61st percentile

$1,033,664

Higher top officer pay than 61% of similar nonprofits.

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

60th percentile

16%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

85th percentile

51%

Faster revenue growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Assets

Up

$388,239,999

Up $53,234,462 (+16%) from 2020

Net Assets

Up

$272,646,282

Up $52,430,629 (+24%) from 2020

Liabilities

Up

$115,593,717

Up $803,833 (+0.7%) from 2020

Revenue

Up

$215,340,115

Up $72,862,618 (+51%) from 2020

Expenses

Down

$145,036,848

Down $3,092,431 (-2.1%) from 2020

Net Income

Up

$70,303,267

Up $75,955,049 (+1344%) from 2020

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: $204,464,085Liabilities 2010: $83,504,504Net Assets 2010: $120,959,5812010Assets 2011: $223,835,836Liabilities 2011: $78,771,688Net Assets 2011: $145,064,1482011Assets 2012: $247,032,756Liabilities 2012: $99,446,280Net Assets 2012: $147,586,4762012Assets 2013: $257,428,452Liabilities 2013: $98,782,715Net Assets 2013: $158,645,7372013Assets 2014: $275,488,332Liabilities 2014: $97,584,749Net Assets 2014: $177,903,5832014Assets 2015: $280,248,856Liabilities 2015: $95,178,655Net Assets 2015: $185,070,2012015Assets 2016: $278,906,508Liabilities 2016: $94,764,725Net Assets 2016: $184,141,7832016Assets 2017: $293,527,059Liabilities 2017: $101,099,692Net Assets 2017: $192,427,3672017Assets 2018: $303,325,627Liabilities 2018: $97,838,558Net Assets 2018: $205,487,0692018Assets 2019: $310,186,327Liabilities 2019: $95,007,313Net Assets 2019: $215,179,0142019Assets 2020: $335,005,537Liabilities 2020: $114,789,884Net Assets 2020: $220,215,6532020Assets 2021: $388,239,999Liabilities 2021: $115,593,717Net Assets 2021: $272,646,2822021Assets 2022: $369,174,535Liabilities 2022: $113,749,497Net Assets 2022: $255,425,0382022Assets 2023: $369,290,279Liabilities 2023: $109,523,869Net Assets 2023: $259,766,4102023

Highlighted filing

2021

Assets$388,239,999
Liabilities$115,593,717
Net Assets$272,646,282

Operations Trend

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

$300M$200M$100M$0-$100MExpenses 2010: $86,350,9772010Expenses 2011: $93,767,6122011Expenses 2012: $98,851,7662012Expenses 2013: $107,013,5982013Revenue 2014: $120,113,617Expenses 2014: $114,460,027Net Income 2014: $5,653,5902014Revenue 2015: $124,614,028Expenses 2015: $118,616,272Net Income 2015: $5,997,7562015Revenue 2016: $128,866,190Expenses 2016: $124,768,769Net Income 2016: $4,097,4212016Revenue 2017: $132,364,141Expenses 2017: $128,214,211Net Income 2017: $4,149,9302017Revenue 2018: $136,975,730Expenses 2018: $128,239,006Net Income 2018: $8,736,7242018Revenue 2019: $145,297,240Expenses 2019: $140,535,961Net Income 2019: $4,761,2792019Revenue 2020: $142,477,497Expenses 2020: $148,129,279Net Income 2020: -$5,651,7822020Revenue 2021: $215,340,115Expenses 2021: $145,036,848Net Income 2021: $70,303,2672021Revenue 2022: $162,022,483Expenses 2022: $154,894,972Net Income 2022: $7,127,5112022Revenue 2023: $141,406,517Expenses 2023: $144,978,014Net Income 2023: -$3,571,4972023

Highlighted filing

2021

Revenue$215,340,115
Expenses$145,036,848
Net Income$70,303,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 3, 2022
Return Version
2020v4.2
Gross Receipts
$315,572,173
Mission and Program Overview

Mission

Since 1890, Whitworth has held fast to its founding mission of providing "an education of mind and heart" through rigorous intellectual inquiry guided by dedicated Christian scholars.

Since 1890, whitworth has held fast to its founding mission of providing "an education of mind and heart" through rigorous intellectual inquiry guided by dedicated christian scholars. Recognized as one of the top regional colleges and universities in the west, whitworth university has an enrollment of over 3,100 students as of the fall of 2020 and offers 76 undergraduate and graduate degree programs. In recent years, whitworth has enjoyed record levels of student enrollment and retention, a very strong financial position, and increased external visibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$104,146,285$134,760,095▲ $30,613,810
Land, Buildings, and Equipment, Net$115,633,519$129,010,580▲ $13,377,061
Investments Other Securities$50,442,727$54,688,587▲ $4,245,860
Savings and Temporary Cash Investments$3,239,319$11,024,828▲ $7,785,509
Pledges and Grants Receivable$5,123,906$10,224,508▲ $5,100,602
Accounts Receivable$3,366,521$3,744,239▲ $377,718
Other Notes and Loans Receivable, Net$2,906,176$2,297,361▼ $608,815
Prepaid Expenses and Deferred Charges$886,936$1,197,308▲ $310,372
Inventories for Sale or Use$155,532$93,941▼ $61,591
Total Assets$335,005,537$388,239,999▲ $53,234,462
Other Assets Total$49,104,616$41,198,552▼ $7,906,064
Liabilities
Tax Exempt Bond Liabilities$87,325,717$86,866,796▼ $458,921
Accounts Payable and Accrued Expenses$9,482,672$9,942,998▲ $460,326
Mortgage Notes Payable Secured by Investment Property$8,380,000$6,785,000▼ $1,595,000
Other Liabilities$5,248,541$6,230,051▲ $981,510
Deferred Revenue$2,012,672$4,015,919▲ $2,003,247
Grants Payable$2,340,282$1,752,953▼ $587,329
Total Liabilities$114,789,884$115,593,717▲ $803,833
Net Assets / Fund Balance
Net Assets With Donor Restrictions$154,716,297$197,984,148▲ $43,267,851
Net Assets Without Donor Restrictions$65,499,356$74,662,134▲ $9,162,778
Total Net Assets Fund Balance$220,215,653$272,646,282▲ $52,430,629
Total Liabilities and Net Assets / Fund Balance$335,005,537$388,239,999▲ $53,234,462

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$107,091,737$74,335,641$181,427,378
Other Land Buildings$13,308,003$15,573,441$28,881,444
Equipment$2,979,527$15,696,001$18,675,528
Land$5,631,313-$5,631,313
Other Assets Org$1,000,000--
Other Securities$9,778,328--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$165,245,719$3,685,641▲ $39,013,233-$203,207,179
2019$156,047,569$3,664,905▲ $10,025,652-$165,245,719
2018$151,179,044$1,966,607▲ $7,201,718-$156,047,569
2017$141,884,815$4,575,301▲ $9,436,289-$151,179,044
2016$127,378,713$2,743,604▲ $15,525,736-$141,884,815
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beck TaylorTrustee & President (outgoing)FT$285,602$748,062$1,033,664
Greg OrwigVP Admissions & FinanceFT$132,517$80,558$213,075
Lawrence ProbusVP for Finance & AdminFT$137,232$62,977$200,209
Dr Scott McquilkinVP & Interim PresidentFT$152,667$46,005$198,672
Dr Timothy WilkinsonDean, School of BusinessFT$132,454$60,497$192,951
Gregory WintzProgram Director-occupational TherapyFT$153,893$16,604$170,497
Gregory WintzProgram Director-occupational Therap-$145,215$25,282$170,497
Dr Noelle WiersmaDean, College of Arts & SciencesFT$140,756$21,876$162,632
Kenneth BrownChief Information OfficerFT$118,919$40,077$158,996
Ronald JacobsonDean, School of EducationFT$136,848$19,439$156,287
Rhosetta RhodesVP for Student LifeFT$139,563$15,482$155,045
Gregor ThuswaldnerProvost & Executive VPFT$62,342$65,499$127,841
Dr Caroline SimonFormer Provost & EvpFT$77,585$39,898$117,483

Highest Paid Contractors

ContractorServicesLocationCompensation
Walker ConstructionConstruction/landscapePO BOX 3901, Spokane, WA 99220-3901$8,683,281
Sodexo Campus ServicesFood Services9801 WASHINGTONIAN BLVD MS 31, Gaithersburg, MD 20878$4,096,807
Leone & Keeble INCConstruction/landscapePO BOX 2747, Spokane, WA 99220-2747$3,093,038
Ellucian Company LPComputer Services4 COUNTRY VIEW RD, Malvern, PA 19355$610,125
Compunet INCComputer Equpment505 S FLORENCE ST, Grangeville, ID 83530-2324$503,178
Revenue and Support

Revenue Composition

Contributions and Grants
$24,338,552
Program Service Revenue
$129,928,650
Investment Income
$61,018,866
Other Revenue
$54,047
All Other Contributions
$16,831,094
Change in Net Assets
$70,303,267

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$188,996Fair Market Value
Other Non Cash Contri Table4$12,806Fair Market Value
Total Noncash Contributions13$201,802-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$65,870,564
Salaries, Compensation, and Employee Benefits$49,308,247
Other Expenses$29,858,037
Total Fundraising Expense$2,908,106
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$65,870,564--$65,870,564
Other Salaries and Wages$23,617,960$10,575,206$1,057,521$35,250,687
Other Employee Benefits$5,774,726$2,547,673$169,845$8,492,244
Depreciation Depletion$4,911,815$940,496$60,517$5,912,828
Interest$3,644,339--$3,644,339
Conferences and Meetings$1,892,543$847,407$84,741$2,824,691
Information Technology$1,676,480$1,033,829$83,824$2,794,133
Payroll Taxes$1,720,871$770,539$77,059$2,568,469
Current Officers, Directors, Trustees, and Key Employees$371,171$1,397,351$414,839$2,183,361
Office Expenses$1,235,310$851,938$42,596$2,129,844
Fees for Services Other$843,763$605,761$76,706$1,526,230
Occupancy$223,975$927,845$33,137$1,184,957
Fees for Service Investment Mgmnt Fees$887,734-$295,911$1,183,645
Advertising$570,586$163,025$81,512$815,123
Pension Plan Contributions$545,035$244,046$24,405$813,486
Travel$257,594$286,216$28,621$572,431
Other Expenses$256,962$285,512$28,550$571,024
Insurance$229,996$70,532$6,132$306,660
Fees for Services Accounting-$116,990-$116,990
Fees for Services Legal$38,969$51,633$6,819$97,421
Fees for Services Lobbying-$7,885-$7,885
Royalties$425--$425
Total Functional Expenses$119,248,188$22,880,554$2,908,106$145,036,848
International Activity

International Summary

Offices
1
Employees
2
Spending
$2,005,676

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestment-00$1,800,976
Central America and the CaribbeanProgram ServicesCaring of Assets Formerly Used for Academic Program12$204,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$64,859
Fundraising Direct Expenses$19,701
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf$44,810$36,200$350$35,850
Pirate Night$33,665$7,500-$7,500
Total Events$105,634$64,859$19,701$45,158
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Jason Thackston (trustee) Is an Officer of Avista Utilities.Utility ExpenseNo$1,249,165
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Student Deposits$3,953,377
Asset Retirement Obligation$1,179,834
Interest Rate Exchange Liability$1,096,840

Bond Issues

BondIssuerIssuedIssue PricePurpose
BWashington Higher Education Facilities Authority2016-12-22$50,409,479SEE PART VI
AWashington Higher Education Facilities Authority2012-03-01$20,065,060SEE PART VI
CWashington Higher Education Facilities Authority2019-12-20$19,485,000SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$52,041,213-$6,090,000$532,079
C$20,828,660--$328,744
A$20,141,992$47,467,060$2,275,000$372,499

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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

Form 990 is prepared by an independent cpa firm, then reviewed by senior management and the audit committee of the board. The public version of form 990 is then placed in a secure website for inspection and review by the full board of trustees before filing.

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

Staff and faculty: at the beginning of the year, we tie the completion of the conflict of interest disclosure form to being able to authorize or request any payment for the university. This is tracked in a database. Trustees: the secretary of the board ensures that every trustee completes the disclosure form every fall meeting. If anyone's form is missing, she or her assistant follow up until the form is completed. Then, the audit committee reviews those forms with disclosed conflict during the fall meeting for the staff and faculty and during the spring for trustees.

Form 990, Part VI, Section B, Line 15

Compensation for the president was reviewed by the executive compensation committee of the board of trustees in june 2020; this process involved an independent analysis by an outside consultant who compared compensation for this individual against peer institutions. Compensation for key officers reporting to the president was reviewed by the executive compensation committee of the board of trustees in june 2020; this process involved an independent analysis by an outside consultant who compared compensation for these individuals against peer institutions. These key employees include the executive vice president for academic affairs, the vice president for institutional advancement, the vice president for student life, the vice president for admissions and financial aid, and the vice president for finance and administration.

Form 990, Part VI, Section C, Line 19

Governing documents and conflict of interest statements are available upon request. Financial statements are available at the university's website.

Filing and Contact Details

Filer

Filer Name
Whitworth University
EIN
91-0473310
Phone
5097774225
Address
300 W HAWTHORNE ROAD, SPOKANE, WA 99251

Signing Officer

Name
Lawrence Probus
Title
VP, Finance & Administration
Phone
5097774225
Signed
2022-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Mcquikin
Formed
1890
Legal Domicile
Wa
Voting Board Members
35
Independent Board Members
34
Employees
2,127
Volunteers
67

Preparer

Firm
Baker Tilly US Llp
Address
225 S 6TH ST 2300, MINNEAPOLIS, MN 55402
Preparer
Lawrence H Mohr CPA
Phone
6128764500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Adjustment to prior service cost and actuarial liability for retiree health 207,997. Change in value of outside trusts 3,692,107.

FORM 990, PART XII, LINE 2C:

Neither the oversight process of the audit or the selection process of the independent accountant changed during the current year.

Financial Statement Notes

PART V, LINE 4:

The endowment funds are mainly used to provide scholarship support to students so that they can attend the university. Some of the funds are also used to provide funding support for research and departmental activities.

PART X, LINE 2:

The university follows the accounting standards for contingencies in evaluating uncertain tax positions. This guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the university for uncertain tax positions as of june 30, 2021 and 2020. The university's tax returns are subject to review and examination by federal authorities.

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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/Desc0WHITWORTH UNIVERSITY'S ENROLLMENT (2020-21): UNDERGRADUATE: 2,630 GRADUATE: 389. UNDER-REPRESENTED ETHNIC ENROLLMENT UNDERGRADUATE: 32 PERCENT. SIX-YEAR GRADUATION RATE (2020-21): 76.5 PERCENT OF FIRST-TIME, FULL-TIME STUDENTS ENROLLED IN FALL 2014 GRADUATED WITHIN SIX YEARS. FRESHMAN-TO-SOPHOMORE RETENTION RATE (2020-21): 80.8 PERCENT. THE UNIVERSITY UNDERGRADUATE STUDENT BODY HAS A COMPOSITION OF 64.1%/35.9% WHITE/NON-WHITE; 62.2%/37.8% FEMALE/MALE AND REPRESENTATION OF 34 COUNTRIES. THE UNIVERSITY OFFERS 60 UNDERGRADUATE AND 16 GRADUATE DEGREE PROGRAMS; THE MOST PROMINENT UNDERGRADUATE DEGREES ARE BUSINESS/ECONOMICS, HEALTH SCIENCE, BIOLOGY, EDUCATION, MATH AND COMPUTER SCIENCE, AND PSYCHOLOGY. FISCAL YEAR 2020-21 IS ALSO THE 20TH YEAR IN A ROW THAT WHITWORTH UNIVERSITY HAS BEEN IN THE TOP RANKINGS OF U.S. NEWS AND WORLD REPORT.
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$369$110$260$141$145$3.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$369$114$255$162$155$7.13
2021Detailed filing. Detailed filing data is available for this year.$388$116$273$215$145$70.3
2020Summary only. Only limited summary data is available for this year.$335$115$220$142$148$5.65
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$310$95.0$215$145$141$4.76
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$303$97.8$205$137$128$8.74
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$294$101$192$132$128$4.15
2016Detailed filing. Detailed filing data is available for this year.$279$94.8$184$129$125$4.10
2015Summary only. Only limited summary data is available for this year.$280$95.2$185$125$119$6.00
2014Summary only. Only limited summary data is available for this year.$275$97.6$178$120$114$5.65
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$257$98.8$159$107
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$247$99.4$148$98.9
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$224$78.8$145$93.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$204$83.5$121$86.4