Totals
- Total revenue
- $266,735,187
- Total expenses
- $253,880,393
- Contributions and grants received
- $0
- Grants paid
- $31,677,305
- Program service revenue
- $266,735,187
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $150,083,423
- Total liabilities, end of year
- $135,552,432
- Net assets or fund balances, end of year
- $14,530,991
- Program services expenses (Part IX)
- $228,597,349
- Management and general expenses
- $25,283,044
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $228,597,349
Program services were 90.0% 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.
-
2a · Program service revenue: TUITION AND FEES
total $261,829,027 · related or exempt $261,829,027
-
2b · Program service revenue: OTHER AUXILIARY SERVICES
total $4,896,608 · related or exempt $4,896,608
-
2c · Program service revenue: OTHER
total $9,552 · related or exempt $9,552
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $31,677,305 · program services $31,677,305
-
5 · Compensation of officers, directors and key employees
total $2,332,643 · program services $2,099,527 · management and general $233,116
-
6 · Compensation of disqualified persons
total $158,289 · program services $142,470 · management and general $15,819
-
7 · Other salaries and wages
total $92,406,676 · program services $83,171,876 · management and general $9,234,800
-
11g · Fees: other
total $7,163,752 · program services $6,447,832 · management and general $715,920
-
12 · Advertising and promotion
total $47,226,491 · program services $42,506,840 · management and general $4,719,651
-
16 · Occupancy
total $16,250,955 · program services $14,626,891 · management and general $1,624,064
-
20 · Interest
total $6,193,038 · management and general $6,193,038
-
22 · Depreciation, depletion and amortization
total $5,028,455 · program services $5,028,455
-
24a · Other expenses: OTHER EXPENSES
total $25,482,537 · program services $22,935,901 · management and general $2,546,636
-
24b · Other expenses: BAD DEBT EXPENSE
total $19,960,252 · program services $19,960,252
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $15,435,777 · end of year $688,007
-
2 · Savings and temporary cash investments
beginning of year $1,235,011 · end of year $7,918,509
-
4 · Accounts receivable
beginning of year $44,408,369 · end of year $56,408,001
-
9 · Prepaid expenses and deferred charges
beginning of year $2,112,972 · end of year $3,490,813
-
10a · Land, buildings and equipment: cost or other basis
$48,054,881
-
10b · Land, buildings and equipment: accumulated depreciation
$29,832,636
-
10c · Land, buildings and equipment, net
beginning of year $19,133,753 · end of year $18,222,245
-
14 · Intangible assets
beginning of year $3,400,290 · end of year $4,962,113
-
15 · Other assets
beginning of year $71,048,237 · end of year $58,393,735
-
17 · Accounts payable and accrued expenses
beginning of year $7,517,508 · end of year $7,808,684
-
19 · Deferred revenue
beginning of year $15,007,720 · end of year $16,702,531
-
25 · Other liabilities
beginning of year $132,574,784 · end of year $111,041,217
-
27 · Net assets without donor restrictions
beginning of year $1,639,821 · end of year $14,496,415
-
28 · Net assets with donor restrictions
beginning of year $34,576 · end of year $34,576
Mission and programs · 2023
Mission
SEE SCHEDULE O.
Activities or mission (Part I)
SEE SCHEDULE O
-
SOUTH 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 2023, A TOTAL OF 12,577 STUDENTS ENROLLED AT SOUTH UNIVERSITYCAMPUSES AND ONLINE WITH 82% WHO ATTEND FULLY ONLINE. MORE THAN 28% OFSTUDENTS ARE ENROLLED IN GRADUATE PROGRAMS. 68% OF STUDENTSARE FROM DIVERSE POPULATIONS - AND 78% OF STUDENTS ARE FEMALE.
Expenses $228,597,349 · Grants $31,677,305 · Revenue $266,735,987
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael ColegroveMICHAEL COLEGROVE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathleen FarleyKATHLEEN FARLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Maria RussMARIA RUSS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steven YohoSTEVEN YOHO
CHANCELLOR & CEO
- Total calculated
- $534,669
- From this org
- $534,669
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $534,669
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $534,669
-
Adriann SaxADRIANN SAX
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alisa KrouseALISA KROUSE
VC STUDENT AFFAIRS
- Total calculated
- $259,854
- From this org
- $259,854
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $259,854
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $259,854
-
Teresa HainesTERESA HAINES
VC FOR HR & CHRO
- Total calculated
- $230,779
- From this org
- $230,779
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $230,779
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $230,779
-
Deana Echols HopperDEANA ECHOLS HOPPER
VC FINANCIAL AID
- Total calculated
- $207,436
- From this org
- $207,436
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $207,436
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $207,436
-
Ricardo MendozaRICARDO MENDOZA
VC ADMISSIONS
- Total calculated
- $237,184
- From this org
- $237,184
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $237,184
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $237,184
-
Gilbert SingletaryGILBERT SINGLETARY
VC ACADEMIC AFFAIRS
- Total calculated
- $298,747
- From this org
- $298,747
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $298,747
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $298,747
-
Michelle KrawczykMICHELLE KRAWCZYK
DEAN NURSING/PUBLIC HEALTH
- Total calculated
- $221,168
- From this org
- $221,168
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $221,168
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $221,168
-
Ilaria GadallaILARIA GADALLA
DEAN HEALTH PROFESSIONS
- Total calculated
- $207,499
- From this org
- $207,499
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $207,499
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $207,499
-
Matthew GavlikMATTHEW GAVLIK
AVC STUDENT SUCCESS
- Total calculated
- $184,227
- From this org
- $184,227
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $184,227
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $184,227
-
Kenneth BakerKENNETH BAKER
VP OF MARKETING
- Total calculated
- $157,361
- From this org
- $157,361
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $157,361
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $157,361
-
James CarusoJAMES CARUSO
TREASURER
- Total calculated
- $158,289
- From this org
- $158,289
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $158,289
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $158,289
-
Gregory ReedGREGORY REED
CONTROLLER
- Total calculated
- $153,857
- From this org
- $153,857
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $153,857
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $153,857
-
Jessica MasonerJESSICA MASONER
DEAN ARTS AND SCIENCES
- Total calculated
- $135,306
- From this org
- $135,306
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
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
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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
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.
-
SOUTH UNIVERSITY SAVANNAH LLC
EDUCATION · GA · income $183,755,328 · assets $59,441,158
Directly controlled by SU
-
SOUTH UNIVERSITY OF ALABAMA LLC
EDUCATION · AL · income $7,585,589 · assets $6,772,838
Directly controlled by SU
-
SOUTH UNIVERSITY OF FLORIDA LLC
EDUCATION · FL · income $35,985,350 · assets $36,950,323
Directly controlled by SU
-
SOUTH UNIVERSITY RESEARCH II LLC
EDUCATION · AZ · income $0 · assets $0
Directly controlled by SU
-
SOUTH UNIVERSITY OF NORTH CAROLINA LLC
EDUCATION · NC · income $1,694,996 · assets $5,359,205
Directly controlled by SU
-
SOUTH UNIVERSITY OF CAROLINA LLC
EDUCATION · SC · income $12,295,615 · assets $15,463,928
Directly controlled by SU
-
SOUTH EDUCATION OF TEXAS LLC
EDUCATION · TX · income $8,793,711 · assets $13,188,542
Directly controlled by SU
-
SOUTH UNIVERSITY OF VIRGINIA LLC
EDUCATION · VA · income $16,624,598 · assets $12,907,430
Directly controlled by SU
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413199349312481
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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