Totals
- Total revenue
- $43,373,851
- Total expenses
- $42,586,174
- Contributions and grants received
- $8,196,001
- Grants paid
- $5,587,373
- Program service revenue
- $32,918,677
- Investment income
- $981,778
- Other revenue
- $1,277,395
- Total assets, end of year
- $85,182,991
- Total liabilities, end of year
- $13,126,875
- Net assets or fund balances, end of year
- $72,056,116
- Program services expenses (Part IX)
- $34,668,483
- Management and general expenses
- $7,481,624
- Fundraising expenses
- $436,067
- Program service expenses (Part III)
- $34,668,483
Program services were 81.4% 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.
-
1c · Fundraising events
$64,614
-
1f · All other contributions, gifts and grants
$8,131,387
-
1g · Noncash contributions included above
$3,864,406
-
2a · Program service revenue: TUITION AND FEES
total $28,809,570 · related or exempt $28,809,570
-
2b · Program service revenue: SPONSORED PROGRAMS
total $2,347,200 · related or exempt $2,347,200
-
2c · Program service revenue: RESIDENCE HALL
total $1,228,926 · related or exempt $1,228,926
-
2d · Program service revenue: MASTERS OF FINE ARTS
total $154,664 · related or exempt $154,664
-
2e · Program service revenue: REHAB CLINIC
total $141,150 · related or exempt $141,150
-
2f · All other program service revenue
total $237,167 · related or exempt $237,167
-
3 · Investment income
total $600,585 · excluded $600,585
-
6a · Gross rents
real property $44,736
-
6b · Less rental expenses
real property $3,421
-
6c · Rental income or loss
real property $41,315
-
6d · Net rental income or loss
total $41,315 · excluded $41,315
-
7a · Gross sales of assets other than inventory
securities $9,848,233 · other assets $20,314
-
7b · Less cost or other basis and sales expenses
securities $9,456,590 · other assets $30,764
-
7c · Gain or loss
securities $391,643 · other assets -$10,450
-
7d · Net gain or loss
total $381,193 · excluded $381,193
-
8a · Fundraising events: gross income
$58,072
-
8a · Fundraising events: contributions included on line 1c
$64,614
-
8b · Fundraising events: direct expenses
$70,360
-
8c · Net income from fundraising events
total -$12,288 · excluded -$12,288
-
9a · Gaming: gross income
$31,070
-
9b · Gaming: direct expenses
$11,420
-
9c · Net income from gaming
total $19,650 · excluded $19,650
-
10a · Gross sales of inventory
$322,953
-
10b · Cost of goods sold
$163,651
-
10c · Net income from sales of inventory
total $159,302 · related or exempt $159,302
-
11a · Other revenue: FOOD SERVICE
total $697,349 · excluded $697,349
-
11b · Other revenue: OTHER STUDENT FEES
total $245,945 · related or exempt $245,945
-
11c · Other revenue: CREDIT CARD PROGRAM REBATES
total $38,041 · related or exempt $38,041
-
11d · All other revenue
total $88,081 · related or exempt $88,081
-
11e · Other revenue, total
$1,069,416
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $5,587,373 · program services $5,587,373
-
5 · Compensation of officers, directors and key employees
total $1,083,874 · program services $471,108 · management and general $612,766
-
7 · Other salaries and wages
total $17,350,345 · program services $15,187,273 · management and general $1,848,563 · fundraising $314,509
-
8 · Pension plan contributions
total $574,936 · program services $483,172 · management and general $79,200 · fundraising $12,564
-
9 · Other employee benefits
total $2,048,718 · program services $1,220,563 · management and general $798,696 · fundraising $29,459
-
10 · Payroll taxes
total $1,389,492 · program services $1,170,001 · management and general $196,558 · fundraising $22,933
-
11b · Fees: legal
total $6,591 · management and general $6,591
-
11c · Fees: accounting
total $156,983 · management and general $156,983
-
11f · Fees: investment management
total $89,067 · management and general $89,067
-
11g · Fees: other
total $3,966,804 · program services $3,554,086 · management and general $392,549 · fundraising $20,169
-
12 · Advertising and promotion
total $411,426 · management and general $411,426
-
13 · Office expenses
total $962,481 · program services $499,293 · management and general $449,559 · fundraising $13,629
-
14 · Information technology
total $892,578 · management and general $892,578
-
16 · Occupancy
total $993,894 · program services $976,865 · management and general $14,222 · fundraising $2,807
-
17 · Travel
total $845,388 · program services $821,230 · management and general $23,238 · fundraising $920
-
20 · Interest
total $240,147 · program services $236,033 · management and general $3,436 · fundraising $678
-
22 · Depreciation, depletion and amortization
total $2,111,464 · program services $2,075,287 · management and general $30,215 · fundraising $5,962
-
23 · Insurance
total $306,876 · program services $306,876
-
24a · Other expenses: GRANT STIPENDS
total $765,160 · management and general $765,160
-
24b · Other expenses: MAINTENANCE & REPAIRS
total $484,153 · program services $475,874 · management and general $6,923 · fundraising $1,356
-
24c · Other expenses: BAD DEBT EXPENSE
total $466,222 · management and general $466,222
-
24d · Other expenses: TRAVEL & ENTERTAINMENT
total $341,346 · program services $329,696 · management and general $9,784 · fundraising $1,866
-
24e · All other expenses
total $1,510,856 · program services $1,273,753 · management and general $227,888 · fundraising $9,215
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,475,405 · end of year $991,003
-
2 · Savings and temporary cash investments
beginning of year $7,180,784 · end of year $4,446,358
-
3 · Pledges and grants receivable
beginning of year $1,150,865 · end of year $1,868,191
-
4 · Accounts receivable
beginning of year $544,033 · end of year $447,825
-
7 · Other notes and loans receivable
beginning of year $849,527 · end of year $668,511
-
8 · Inventories for sale or use
beginning of year $12,607 · end of year $15,474
-
9 · Prepaid expenses and deferred charges
beginning of year $729,162 · end of year $931,689
-
10a · Land, buildings and equipment: cost or other basis
$84,341,219
-
10b · Land, buildings and equipment: accumulated depreciation
$37,228,797
-
10c · Land, buildings and equipment, net
beginning of year $47,646,631 · end of year $47,112,422
-
11 · Investments: publicly traded securities
beginning of year $21,639,013 · end of year $26,914,778
-
15 · Other assets
beginning of year $2,462,409 · end of year $1,786,740
-
17 · Accounts payable and accrued expenses
beginning of year $3,504,642 · end of year $2,446,940
-
19 · Deferred revenue
beginning of year $816,519 · end of year $1,694,726
-
24 · Unsecured notes and loans payable
beginning of year $7,183,404 · end of year $6,878,723
-
25 · Other liabilities
beginning of year $2,096,974 · end of year $2,106,486
-
27 · Net assets without donor restrictions
beginning of year $40,612,470 · end of year $38,552,246
-
28 · Net assets with donor restrictions
beginning of year $29,476,427 · end of year $33,503,870
Mission and programs · 2022
Mission
SPALDING UNIVERSITY IS A DIVERSE COMMUNITY OF LEARNERS DEDICATED TO MEETING THE NEEDS OF THE TIMES IN THE TRADITION OF THE SISTERS OF CHARITY OF NAZARETH THROUGH QUALITY UNDERGRADUATE AND GRADUATE LIBERAL AND PROFESSIONAL STUDIES, GROUNDED IN SPIRITUAL VALUES, WITH EMPHASIS ON SERVICE AND THE PROMOTION OF PEACE AND JUSTICE.
Activities or mission (Part I)
SPALDING UNIVERSITY IS A CO-EDUCATIONAL, INDEPENDENT INSTITUTION ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS AS A DOCTORAL LEVEL INSTITUTION. THE UNIVERSITY OFFERS PROGRAMS IN BUSINESS, NURSING, OCCUPATIONAL THERAPY, SOCIAL WORK, PYSCHOLOGY, CREATIVE WRITING, EDUCATION, AND OTHERS.
-
INSTRUCTION FOR STUDENTS: AS A DOCTORAL LEVEL INSTITUTION WITH 1,555 STUDENTS, THE UNIVERSITY OFFERS DEGREE PROGRAMS IN HUMANITIES, SOCIAL SCIENCE, HEALTH AND NATURAL SCIENCE, EDUCATION, BUSINESS, AND COMMUNICATION. SOME EXAMPLES OF PROGRAMS OFFERED ARE PSYCHOLOGY, CREATIVE WRITING, NURSING, OCCUPATIONAL THERAPY, ART, SOCIAL WORK, BUSINESS, AND ADVANCED TEACHER EDUCATION.
Expenses $24,247,305 · Grants $5,587,373 · Revenue $29,130,970
-
STUDENT SERVICES: A COMPREHENSIVE SUPPORT SYSTEM FOR STUDENTS FROM INITIAL INQUIRY TO GRADUATION IS AVAILABLE. SERVICES ARE PROVIDED BY THE OFFICES OF ADMISSIONS, FINANCIAL AID, REGISTRAR, BURSAR, CAMPUS DEVELOPMENT AND STUDENT LIFE, AND ATHLETICS. ADDITIONAL STUDENT ENGAGEMENT ACTIVITIES INCLUDE THE STUDENT GOVERNMENT ASSOCIATION, STUDENT-RUN ORGANIZATIONS, AS WELL AS ON-CAMPUS EXTRACURRICULAR AND CULTURAL EVENTS.
Expenses $7,904,203 · Revenue $4,111,789
-
ACADEMIC SUPPORT: ORGANIZED ACTIVITIES RELATED TO EDUCATIONAL DEPARTMENTS AIM TO BOLSTER THE ACADEMIC SUCCESS OF STUDENTS BY MEETING THEIR INDIVIDUAL NEEDS. THESE INCLUDE THE LIBRARY, AND THE ACADEMIC RESOURCE CENTER. THE ACADEMIC RESOURCE CENTER SUPPORTS STUDENTS WITH TUTORING AND ADVISING PROGRAMS, A MATH LAB AND WRITING CENTER. ADDITIONAL SUPPORT FOR ENGLISH-LANGUAGE LEARNERS (ELL) AND FIRST-GENERATION COLLEGE STUDENTS IS ALSO OFFERED.
Expenses $2,516,975 · Revenue $207,287
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Kellie SheryakKELLIE SHERYAK
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
James MorrisJAMES MORRIS
FIRST VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Alfonso CornishALFONSO CORNISH
SECOND VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Rick BlackwellRICK BLACKWELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Angela LeetANGELA LEET
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brenda Gonzales ScnBRENDA GONZALES SCN
TRUSTEE (START 9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Bridget PapaliaBRIDGET PAPALIA
TRUSTEE (START 9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Christe CoeCHRISTE COE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Mary Beth BowlingDR MARY BETH BOWLING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gene SmithGENE SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Isaac MyersISAAC MYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jacqueline WoodJACQUELINE WOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James RisslerJAMES RISSLER
TRUSTEE (END 6/23)
- Total calculated
- $0
- Hours/week
- 1
-
M Serra Goethals ScnM SERRA GOETHALS SCN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark CarterMARK CARTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marsha WeinsteinMARSHA WEINSTEIN
TRUSTEE (START 9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Mary WolfordMARY WOLFORD
TRUSTEE (END 12/22)
- Total calculated
- $0
- Hours/week
- 1
-
Neville BlakemoreNEVILLE BLAKEMORE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul RattermanPAUL RATTERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ralph De ChabertRALPH DE CHABERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Roger McClendonROGER MCCLENDON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sister Sharon GraySISTER SHARON GRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas F Williams Jr PhDTHOMAS F WILLIAMS JR PHD
TRUSTEE (START 9/22)
- Total calculated
- $0
- Hours/week
- 1
-
Pattie DillonPATTIE DILLON
FACULTY TRUSTEE (END 9/22)
- Total calculated
- $109,522
- From this org
- $100,145
- From related orgs
- $0
- Other
- $9,377
- Hours/week
- 40
-
John WilcoxJOHN WILCOX
FACULTY TRUSTEE (START 9/22)
- Total calculated
- $114,866
- From this org
- $101,502
- From related orgs
- $0
- Other
- $13,364
- Hours/week
- 40
-
Tori M McClureTORI M MCCLURE
PRESIDENT
- Total calculated
- $266,721
- From this org
- $243,383
- From related orgs
- $0
- Other
- $23,338
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $241,448
- Bonus
- $0
- Other
- $1,935
- Deferred
- $9,400
- Nontaxable benefits
- $13,938
- Filer's total
- $266,721
-
Ezra L KrumhanslEZRA L KRUMHANSL
COO/CFO
- Total calculated
- $174,868
- From this org
- $146,752
- From related orgs
- $0
- Other
- $28,116
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,679
- Bonus
- $0
- Other
- $1,073
- Deferred
- $5,546
- Nontaxable benefits
- $22,570
- Filer's total
- $174,868
-
John BurdenJOHN BURDEN
PROVOST
- Total calculated
- $178,513
- From this org
- $157,977
- From related orgs
- $0
- Other
- $20,536
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,758
- Bonus
- $0
- Other
- $1,219
- Deferred
- $6,213
- Nontaxable benefits
- $14,323
- Filer's total
- $178,513
-
Emily NorrisEMILY NORRIS
GENERAL COUNSEL
- Total calculated
- $144,958
- From this org
- $117,899
- From related orgs
- $0
- Other
- $27,059
- Hours/week
- 40
-
Steven D KniffleySTEVEN D KNIFFLEY
CDO/ASSOCIATE PROFESSOR (END 4/23)
- Total calculated
- $165,072
- From this org
- $153,101
- From related orgs
- $0
- Other
- $11,971
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,067
- Bonus
- $0
- Other
- $34
- Deferred
- $3,625
- Nontaxable benefits
- $8,346
- Filer's total
- $165,072
-
Elisa M ZuberELISA M ZUBER
DIRECTOR OF DOCTOR IN PHYSICAL THERAPY PROGRAM
- Total calculated
- $142,065
- From this org
- $132,004
- From related orgs
- $0
- Other
- $10,061
- Hours/week
- 40
-
Svjetlana WatsonSVJETLANA WATSON
CHAIR OF NURSING
- Total calculated
- $143,311
- From this org
- $136,315
- From related orgs
- $0
- Other
- $6,996
- Hours/week
- 40
-
Kurt JeffersonKURT JEFFERSON
DEAN OF GRADUATE EDUCATION
- Total calculated
- $154,544
- From this org
- $130,063
- From related orgs
- $0
- Other
- $24,481
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,882
- Bonus
- $0
- Other
- $181
- Deferred
- $6,406
- Nontaxable benefits
- $18,075
- Filer's total
- $154,544
-
Michelle C ReissMICHELLE C REISS
CHAIR OF BUSINESS ADMINISTRATION
- Total calculated
- $152,369
- From this org
- $137,530
- From related orgs
- $0
- Other
- $14,839
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,349
- Bonus
- $0
- Other
- $181
- Deferred
- $6,489
- Nontaxable benefits
- $8,350
- Filer's total
- $152,369
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
None.
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUST
T · INVESTMENTS · KY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441349349300539
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.