Totals
- Total revenue
- $80,452,058
- Total expenses
- $81,284,787
- Contributions and grants received
- $9,236,745
- Grants paid
- $27,211,830
- Program service revenue
- $63,632,014
- Investment income
- $7,583,299
- Other revenue
- $0
- Total assets, end of year
- $274,468,737
- Total liabilities, end of year
- $81,878,800
- Net assets or fund balances, end of year
- $192,589,937
- Program services expenses (Part IX)
- $70,355,153
- Management and general expenses
- $9,895,885
- Fundraising expenses
- $1,033,749
- Program service expenses (Part III)
- $70,355,153
Program services were 86.6% 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)
$174,256
-
1f · All other contributions, gifts and grants
$9,062,489
-
1g · Noncash contributions included above
$8,253,439
-
2a · Program service revenue: TUITION & FEES
total $47,191,850 · related or exempt $47,191,850
-
2b · Program service revenue: SALES - AUXILLIARIES
total $12,611,462 · related or exempt $12,611,462
-
2c · Program service revenue: OTHER PROGRAMS
total $3,828,702 · related or exempt $3,828,702
-
3 · Investment income
total $2,281,261 · excluded $2,281,261
-
7a · Gross sales of assets other than inventory
securities $5,302,038
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $5,302,038
-
7d · Net gain or loss
total $5,302,038 · excluded $5,302,038
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $27,211,830 · program services $27,211,830
-
5 · Compensation of officers, directors and key employees
total $432,698 · management and general $432,698
-
7 · Other salaries and wages
total $19,381,521 · program services $16,319,560 · management and general $2,316,516 · fundraising $745,445
-
8 · Pension plan contributions
total $445,557 · program services $372,048 · management and general $73,509
-
9 · Other employee benefits
total $2,364,429 · program services $1,869,073 · management and general $365,744 · fundraising $129,612
-
10 · Payroll taxes
total $1,398,518 · program services $1,158,811 · management and general $239,707
-
11b · Fees: legal
total $132,778 · program services $8,210 · management and general $124,568
-
11c · Fees: accounting
total $105,115 · management and general $105,115
-
11f · Fees: investment management
total $579,860 · management and general $579,860
-
11g · Fees: other
total $196,043 · program services $7,863 · management and general $171,513 · fundraising $16,667
-
12 · Advertising and promotion
total $470,367 · program services $82,235 · management and general $388,132
-
13 · Office expenses
total $1,280,083 · program services $1,032,798 · management and general $200,714 · fundraising $46,571
-
16 · Occupancy
total $4,148,132 · program services $3,684,797 · management and general $463,335
-
17 · Travel
total $709,583 · program services $623,832 · management and general $59,324 · fundraising $26,427
-
20 · Interest
total $2,287,633 · program services $2,086,508 · management and general $201,125
-
22 · Depreciation, depletion and amortization
total $4,616,764 · program services $4,156,303 · management and general $460,461
-
23 · Insurance
total $994,938 · program services $850,098 · management and general $144,840
-
24a · Other expenses: CONTRACT SERVICES
total $9,951,692 · program services $7,297,496 · management and general $2,654,196
-
24b · Other expenses: OTHER PROGRAMS & SERVIC
total $3,948,178 · program services $3,176,080 · management and general $703,071 · fundraising $69,027
-
24c · Other expenses: MEMBERSHIPS/DUES
total $243,919 · program services $175,744 · management and general $68,175
-
24d · Other expenses: LICENSE FEES
total $185,603 · program services $51,228 · management and general $134,375
-
24e · All other expenses
total $199,546 · program services $190,639 · management and general $8,907
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $7,850 · end of year $7,850
-
2 · Savings and temporary cash investments
beginning of year $4,157,855 · end of year $5,776,648
-
3 · Pledges and grants receivable
beginning of year $1,137,356 · end of year $1,018,704
-
4 · Accounts receivable
beginning of year $6,421,503 · end of year $1,859,334
-
7 · Other notes and loans receivable
beginning of year $9,246 · end of year $114,359
-
8 · Inventories for sale or use
beginning of year $276,110 · end of year $271,844
-
9 · Prepaid expenses and deferred charges
beginning of year $457,694 · end of year $425,850
-
10a · Land, buildings and equipment: cost or other basis
$228,190,893
-
10b · Land, buildings and equipment: accumulated depreciation
$73,383,447
-
10c · Land, buildings and equipment, net
beginning of year $154,414,228 · end of year $154,807,446
-
11 · Investments: publicly traded securities
beginning of year $74,545,205 · end of year $71,069,425
-
12 · Investments: other securities
beginning of year $25,818,987 · end of year $31,854,040
-
13 · Investments: program-related
beginning of year $3,723,028 · end of year $3,716,158
-
15 · Other assets
beginning of year $3,417,618 · end of year $3,547,079
-
17 · Accounts payable and accrued expenses
beginning of year $8,009,002 · end of year $5,403,422
-
18 · Grants payable
beginning of year $281,442 · end of year $383,889
-
19 · Deferred revenue
beginning of year $1,590,000 · end of year $1,370,000
-
20 · Tax-exempt bond liabilities
beginning of year $2,625,915 · end of year $2,392,271
-
23 · Secured mortgages and notes payable
beginning of year $63,571,681 · end of year $64,713,027
-
24 · Unsecured notes and loans payable
beginning of year $6,596,848 · end of year $6,426,426
-
25 · Other liabilities
beginning of year $1,681,850 · end of year $1,189,765
-
27 · Net assets without donor restrictions
beginning of year $71,170,911 · end of year $73,371,625
-
28 · Net assets with donor restrictions
beginning of year $118,859,031 · end of year $119,218,312
Mission and programs · 2024
Mission
EMORY & HENRY UNIVERSITY IS A LEARNING COMMUNITY IN PURSUIT OF EXCELLENCE, ENGAGING A DIVERSE GROUP OF WELL-QUALIFIED MEN AND WOMEN IN EDUCATIONAL EXPERIENCES IN WHICH STUDENTS CONFRONT HISTORICAL AND CONTEMPORARY IDEAS AND ISSUES, AND DEVELOP THE ABILITY TO THINK CRITICALLY ABOUT ALL AREAS OF HUMAN EXPERIENCE. THESE EDUCATIONAL EXPERIENCES LEAD TO LIVES OF SERVICE, PRODUCTIVE CAREERS AND GLOBAL CITIZENSHIP. E&H STRIVES TO PROVIDE THE HIGHEST QUALITY EDUCATION COMBINING TRADITION AND INNOVATION AS IT TRANSFORMS LIVES AND CREATES POSITIVE SOCIAL CHANGE IN OUR REGION, OUR NATION, AND OUR WORLD.
Activities or mission (Part I)
WITH A MISSION STATEMENT FOUNDED UPON "INCREASE IN EXCELLENCE", THE UNIVERSITY IS CONSISTENTLY RANKED AMONG THE NATION'S BEST PRIVATE LIBERAL ARTS INSTITUTIONS. EMORY & HENRY UNIVERSITY IS AMONG THE TOP 40 INSTITUIONS IN THE NATION THAT TRANSFORMS STUDENTS LIVES. AS NOTED IN ONE OF THE NATION'S BEST SELLING COLLEGE GUIDE BOOKS, "VIRGINIA HAS NO SHORTAGE OF FAMILIAR SCHOOLS WITH ROBUST REPUTATIONS. BUT EMORY & HENRY DOES THE FINEST JOB OF THEM ALL PRODUCING CONTRIBUTORS TO SOCIETY" (OSWOLS, COLLEGES THAT CHANGE LIVES). AMONG OTHER TOP RANKINGS, THE INSTITUTION IS RECOGNIZED FOR ITS SERVICE TO COMMUNITIES AND RECEIVED TOP TIER RECOGNITION IN THE WASHINGTON MONTHLY, US NEWS AND WORLD REPORT, NEWSWEEK AND MANY OTHER PUBLICATIONS. MOST RECENTLY, IT WAS NAMED A TOP 25 RURAL COLLEGE IN THE NATION BY COLLEGE RAPTOR.
-
E&H UNIVERSITY PROVIDED FORMAL INSTRUCTION AND RELATED ACADEMIC SUPPORT FOR 1,190 FULL-TIME EQUIVALENT UNDERGRADUATE AND GRADUATE STUDENTS TOWARD THE FULFILLMENT OF BACHELOR OF SCIENCE AND BACHELOR OF ART DEGREES IN A VARIETY OF FIELDS OF STUDY, AS WELL AS GRADUATE DEGREES IN PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND PHYSICIAN ASSISTANCE. THE UNIVERSITY'S UNDERGRADUATE ACADEMIC PROGRAM IS SHAPED BY GOALS TO DEVELOP THE STUDENTS' INTELLECTUAL ABILITIES, TO STRENGTHEN THEIR ABILITY TO THINK CRITICALLY ABOUT ETHICAL DECISIONS AND RESPONSIBLE ACTIONS, TO EVOKE A COMMITMENT TO SERVE OTHERS, AND TO NURTURE THEIR CURIOSITY THROUGH LIFELONG LEARNING. STUDENT FINANCIAL AID WAS PROVIDED TO MOST UNDERGRADUATE STUDENTS THROUGH A VARIETY OF SCHOLARSHIPS AND GRANTS, SUPPORTING THE PURSUIT OF DEGREES. FORMAL CLASSROOM INSTRUCTION WAS PROVIDED BY FACULTY MEMBERS IN SMALL CLASSROOM SETTINGS. TO ENHANCE THE ACADEMIC EXPERIENCE FOR STUDENTS, SERVICES WERE PROVIDED THROUGH THE LIBRARY, THE POWELL RESOURCE CENTER(FOR ACADEMC COUNSELING, PERSONAL COUNSELING, SKILL DEVELOPMENT, TESTING RESOURCES, TUTORING, WORKSHOPS, AND ACADEMIC ACCOMMODATIONS FOR STUDENTS WITH DOCUMENTED DISABILITIES), THE AMPERSAND CENTER (PROJECT LEARNING AND CAREER COUNSELING), AND THE OFFICE OF THE ACADEMIC DEAN. WRITING LABS AND QUANTITATIVE LABS WERE AVAILABLE TO STUDENTS ON AN ONGOING BASIS.
Expenses $54,232,505 · Grants $27,211,830 · Revenue $47,191,850
-
AUXILIARY SERVICES WERE PROVIDED TO ALL STUDENTS. AS A PRIMARILY RESIDENTIAL CAMPUS, MOST UNDERGRADUATE STUDENTS WERE PROVIDED HOUSING AND MEALS. THE MERCANTILE CONTINUED TO PROVIDE BOOKS, ART AND SCHOOL SUPPLIES, MEDICAL EQUIPMENT AND ESSENTIAL GROCERY AND HEALTH PRODUCTS TO STUDENTS FOR THEIR CONVENIENCE.
Expenses $8,096,319 · Revenue $12,611,462
-
VARIOUS SERVICES WERE PROVIDED TO STUDENTS THROUGH MANY PROGRAMS AND OFFICES, INCLUDING INTRAMURAL SPORTS, GENERAL ATHLETICS, THE OUTDOOR PROGRAM, SPIRITUAL LIFE, THE MARTIN BROCK STUDENT CENTER, ADMISSIONS, FINANCIAL AID, THE REGISTRAR, THE STUDENT HEALTH CENTER, THE APPALACHIAN CENTER FOR COMMUNITY SERVICE, THE BONNER PROGRAM, THE CENTRALIZED STUDENT ASSISTANCE OFFICE, AND THE OFFICE OF THE DEAN OF STUDENTS. MOST STUDENTS RECEIVED SOME FORM OF FINANCIAL AID THROUGH VARIOUS SCHOLARSHIPS AND GRANTS, PROVIDING THE OPPORTUNITY TO PURSUE DEGREES. CAMPUS EMPLOYMENT AND INTERNSHIPS WERE MADE AVAILABLE TO MANY STUDENTS, PROVIDING FINANCIAL RESOURCES AND VALUABLE WORK EXPERIENCES. MANY COMMUNITY SERVICE OPPORTUNITIES WERE PROVIDED THROUGH THE APPALACHIAN CENTER, THE OUTDOOR PROGRAM, AND THE CHAPLAIN'S OFFICE. THE COLLEGE'S EQUESTRIAN RIDING TEAM CONTINUED TO BE SUCCESSFUL, OFFERING OPPORTUNITIES FOR STUDENTS TO GAIN EXPERTISE IN THE HUNTER, JUMPER, AND DRESSAGE AREAS. RIDING IS OPEN TO ALL STUDENTS AT EMORY & HENRY, REGARDLESS OF THEIR MAJOR OR LEVEL OF RIDING.
Expenses $8,026,329 · Revenue $3,828,702
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Anne E SluderDR ANNE E SLUDER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Tyler G KiddTYLER G KIDD
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Kyra K BishopKYRA K BISHOP
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Robert W Thomas-GarciaROBERT W THOMAS-GARCIA
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Emily Blesi AndersonEMILY BLESI ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John W Ashworth IIIJOHN W ASHWORTH III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eugene M Beck JrEUGENE M BECK JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brooklyn Sawyers BelkBROOKLYN SAWYERS BELK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Br Blevins IIIBR BLEVINS III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen E CallahanSTEPHEN E CALLAHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan D CooperJONATHAN D COOPER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Harold E Craw JrHAROLD E CRAW JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Priscilla M DanielsonPRISCILLA M DANIELSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lina Altom DrinkardLINA ALTOM DRINKARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Peter G GerryPETER G GERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr January D HaileDR JANUARY D HAILE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Oliver W Jordan IIIOLIVER W JORDAN III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Pamela G KestnerPAMELA G KESTNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Larry J LenhartLARRY J LENHART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Catherine L LoweCATHERINE L LOWE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Molly Metke LutonMOLLY METKE LUTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elliott G MooreELLIOTT G MOORE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Darion A MorganDARION A MORGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Israel D O'QuinnISRAEL D O'QUINN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia Kennedy ReedyCYNTHIA KENNEDY REEDY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aubrey J Rosser IIIAUBREY J ROSSER III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael A SpieglerMICHAEL A SPIEGLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen G ToddKAREN G TODD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Donna Proffit VaughnDONNA PROFFIT VAUGHN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Walter P WeikelWALTER P WEIKEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr L Carole WhartonDR L CAROLE WHARTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Brian D WolfeDR BRIAN D WOLFE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr John W WellsDR JOHN W WELLS
FORMER PRESIDENT
- Total calculated
- $218,166
- From this org
- $208,954
- From related orgs
- $0
- Other
- $9,212
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,954
- Bonus
- $0
- Other
- $0
- Deferred
- $6,417
- Nontaxable benefits
- $2,795
- Filer's total
- $218,166
-
Dr A Louise FincherDR A LOUISE FINCHER
PRESIDENT
- Total calculated
- $214,532
- From this org
- $205,962
- From related orgs
- $0
- Other
- $8,570
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $205,962
- Bonus
- $0
- Other
- $0
- Deferred
- $6,921
- Nontaxable benefits
- $1,649
- Filer's total
- $214,532
-
Laurie FergusonLAURIE FERGUSON
DEAN, SCHOOL OF NURSING
- Total calculated
- $184,513
- From this org
- $177,703
- From related orgs
- $0
- Other
- $6,810
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $177,703
- Bonus
- $0
- Other
- $0
- Deferred
- $5,980
- Nontaxable benefits
- $830
- Filer's total
- $184,513
-
Robert ParkerROBERT PARKER
VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT
- Total calculated
- $175,514
- From this org
- $166,452
- From related orgs
- $0
- Other
- $9,062
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,452
- Bonus
- $0
- Other
- $0
- Deferred
- $5,833
- Nontaxable benefits
- $3,229
- Filer's total
- $175,514
-
Robert StalderROBERT STALDER
CHIEF INFORMATION OFFICER
- Total calculated
- $156,773
- From this org
- $149,429
- From related orgs
- $0
- Other
- $7,344
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,429
- Bonus
- $0
- Other
- $0
- Deferred
- $4,713
- Nontaxable benefits
- $2,631
- Filer's total
- $156,773
-
Michael PuglisiMICHAEL PUGLISI
EVP & PROVOST
- Total calculated
- $150,922
- From this org
- $143,764
- From related orgs
- $0
- Other
- $7,158
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,764
- Bonus
- $0
- Other
- $0
- Deferred
- $4,881
- Nontaxable benefits
- $2,277
- Filer's total
- $150,922
-
Emmet TracyEMMET TRACY
DEAN, SCHOOL OF BUSINESS
- Total calculated
- $151,325
- From this org
- $143,164
- From related orgs
- $0
- Other
- $8,161
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,164
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,161
- Filer's total
- $151,325
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 · Travel for companions
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
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
The filer's explanations (Part III)
- PART I, LINE 1A
- HOUSING PROVIDED IS TO THE PRESIDENT OF THE UNIVERSITY. THE HOUSE IS LOCATED ON CAMPUS, IS FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY, AND IS A CONDITION OF EMPLOYMENT. HOUSEKEEPING IS PROVIDED AT THE RESIDENCE IN ALL PUBLIC AREAS, AS IT IS USED FOR ENTERTAINMENT AND BUSINESS ACTIVITIES OF THE UNIVERSITY.
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
E&H 1836 LLC
REAL ESTATE LEASING · VA · income $2,500,000 · assets $47,380,006
Directly controlled by EMORY & HENRY COLLEGE
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
E&H STATE INVESTOR LLC
REAL ESTATE INVESTMENT · VA · 1% owned · share of assets $3,010,990
-
E&H LANDLORD LLC
RENTAL REAL ESTATE · VA · 89% owned · share of assets $40,048,310
-
E&H MASTER TENANT 2 LLC
RENTAL REAL ESTATE · VA · 1% owned · share of assets $1,484,713
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
E&H MANAGER LLC
C · REAL ESTATE INVESTMENT · VA · 100% owned · share of assets $11,405,943
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621319349303457
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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