Totals
- Total revenue
- $37,833,715
- Total expenses
- $37,637,756
- Contributions and grants received
- $11,529,723
- Grants paid
- $2,941,009
- Program service revenue
- $25,936,683
- Investment income
- $9,762
- Other revenue
- $357,547
- Total assets, end of year
- $62,399,436
- Total liabilities, end of year
- $13,622,619
- Net assets or fund balances, end of year
- $48,776,817
- Program services expenses (Part IX)
- $28,101,162
- Management and general expenses
- $9,122,614
- Fundraising expenses
- $413,980
- Program service expenses (Part III)
- $28,101,162
Program services were 74.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$10,111,409
-
1f · All other contributions, gifts and grants
$1,418,314
-
2a · Program service revenue: Tuition Fees
total $19,359,919 · related or exempt $19,359,919
-
2b · Program service revenue: Sales Services of Auxiliary Enterprises
total $6,576,764 · related or exempt $6,576,764
-
3 · Investment income
total $9,762 · related or exempt $9,762
-
11a · Other revenue: Other income
total $357,547 · related or exempt $357,547
-
11e · Other revenue, total
$357,547
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $2,941,009 · program services $2,941,009
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $1,327,292 · management and general $1,327,292
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Instruction
total $6,236,559 · program services $6,236,559
-
24b · Other expenses: Public Service/Student Services
total $9,406,430 · program services $9,406,430
-
24c · Other expenses: Academic Support
total $2,726,531 · program services $2,038,065 · management and general $688,466
-
24d · Other expenses: Institutional Support
total $10,063,671 · program services $2,542,835 · management and general $7,106,856 · fundraising $413,980
-
24e · All other expenses
total $4,936,264 · program services $4,936,264
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,460,675 · end of year $3,677,821
-
2 · Savings and temporary cash investments
beginning of year $188,085 · end of year $201,210
-
3 · Pledges and grants receivable
beginning of year $1,044,921 · end of year $1,729,941
-
4 · Accounts receivable
beginning of year $7,230,851 · end of year $6,329,224
-
9 · Prepaid expenses and deferred charges
beginning of year $199,634 · end of year $33,176
-
10a · Land, buildings and equipment: cost or other basis
$82,627,225
-
10b · Land, buildings and equipment: accumulated depreciation
$38,107,460
-
10c · Land, buildings and equipment, net
beginning of year $38,526,323 · end of year $44,519,765
-
11 · Investments: publicly traded securities
beginning of year $4,851,918 · end of year $5,364,726
-
12 · Investments: other securities
beginning of year $487,912 · end of year $543,573
-
17 · Accounts payable and accrued expenses
beginning of year $2,923,551 · end of year $3,841,461
-
19 · Deferred revenue
beginning of year $147,916 · end of year $389,841
-
20 · Tax-exempt bond liabilities
beginning of year $6,611,473 · end of year $6,402,374
-
25 · Other liabilities
end of year $2,988,943
-
27 · Net assets without donor restrictions
beginning of year $42,821,531 · end of year $45,119,187
-
28 · Net assets with donor restrictions
beginning of year $3,485,848 · end of year $3,657,630
Mission and programs · 2024
Mission
The University strives to prepare students holistically to advance in a global society through the provision of intellectually stimulating programs and an environment which emphasizes high moral and spiritual values in keeping with the African Methodist Episcopal Church.
Activities or mission (Part I)
The University strives to prepare students holistically to advance in a global society through the provision of intellectually stimulating programs and an environment which emphasizes high moral and spiritual values.
-
To sustain a learning community in which students can prepare academically, socially, and spiritually for leadership in a complex, diverse and rapidly changing world.
Expenses $23,164,898 · Grants $2,941,009 · Revenue $19,359,919
-
Auxiliary enterprises support the Universitys mission of providing quality educational opportunities. These services include but are not limited to food service, campus housing, campus post office, vending, campus stores and athletics.
Expenses $4,936,264 · Revenue $6,576,764
As filed on the 2024 return.
Listed in Part VII
-
Dr Alderman Zachary Faison
President
- Total calculated
- $406,386
- From this org
- $406,386
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $406,386
- Bonus
- not reported
- Other
- $34,159
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $440,545
-
Dr Genyne Boston
Provost Senior Vice President for Academic Affairs
- Total calculated
- $178,500
- From this org
- $178,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $178,500
- Bonus
- not reported
- Other
- $2,400
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $180,900
-
Erika Ancrum
VP CFO
- Total calculated
- $156,000
- From this org
- $156,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $156,000
- Bonus
- not reported
- Other
- $15,719
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $171,719
-
Dr Ivana Rich
VP and Director of Intercollegiate Athletics
- Total calculated
- $125,627
- From this org
- $125,627
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
-
Dr Jennifer Price
Vice President for Enrollment Management Strategic Matriculate Services
- Total calculated
- $123,000
- From this org
- $123,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
-
Dr Jame'l Hodges
Vice President of Student Success and Engagement
- Total calculated
- $121,000
- From this org
- $121,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
-
Dr Michael West
Vice President for Institutional Effectiveness, Operations, Systems Management, Process Optimization
- Total calculated
- $118,627
- From this org
- $118,627
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
-
Dr Vonnice Boone
Special Assistant and Director
- Total calculated
- $50,000
- From this org
- $50,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $50,000
- Bonus
- not reported
- Other
- $2,500
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $52,500
-
Luz Randolph
Chief of Staff and Asst to the President for Strategic Initiatives
- Total calculated
- $48,152
- From this org
- $48,152
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40 + 1 related
-
Rev Ronnie Clark
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rev Victor D Cole
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rev Henry E Green
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dr Freddie Groomes-McLendon
Vice Chairperson
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rev Dr R B Holmes
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ms Demetria Merritt-Bell
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rev Dr Julius H McAllister Jr
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ms Sanjena V Clay
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rev Clifton Riley
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dr Rosa Simmons
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ms Pamela D Prier
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mr Charles Spencer
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rev Elizabeth E Yates
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rev Clarence Williams
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bishop Frank M Reid III
Board Chairman
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dr Benjamin Okafor
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mr Malachi Beyah
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mr Michael Ward
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mr Philip Zoller
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dr Edward Wheeler
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dr Archie Bouie
Vice President for Business Finance
- Total calculated
- $0
- Hours/week
- 40 + 1 related
-
Dr Sharron Taylor Burnett
Executive Vice President and Chief Operating Officer
- Total calculated
- $0
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Mr Tourea Robinson
Vice President of Institutional Advancement, Development, Marketing Communications
- Total calculated
- $0
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Ms Angela Getter
VP of Institutional Advancement
- Total calculated
- $0
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601339349302560
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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