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Nonprofiteer
← DEFIANCE COLLEGE

Form 990 for tax year 2024

Filed by DEFIANCE COLLEGE.

Totals

Total revenue
$24,838,658
Total expenses
$25,990,216
Contributions and grants received
$4,178,077
Grants paid
$7,203,933
Program service revenue
$17,952,411
Investment income
$2,357,018
Other revenue
$351,152
Total assets, end of year
$40,654,726
Total liabilities, end of year
$8,400,172
Net assets or fund balances, end of year
$32,254,554
Program services expenses (Part IX)
$20,991,894
Management and general expenses
$4,223,991
Fundraising expenses
$774,331
Program service expenses (Part III)
$20,991,894

Program services were 80.8% 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)

    $922,709

  • 1f · All other contributions, gifts and grants

    $3,255,368

  • 2a · Program service revenue: TUITION & FEES

    total $13,701,354 · related or exempt $13,701,354

  • 2b · Program service revenue: AUXILIARY SERVICES

    total $4,251,057 · related or exempt $4,251,057

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $553,704 · excluded $553,704

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $2,942,416

  • 7b · Less cost or other basis and sales expenses

    securities $1,139,102

  • 7c · Gain or loss

    securities $1,803,314 · other assets $0

  • 7d · Net gain or loss

    total $1,803,314 · excluded $1,803,314

  • 11a · Other revenue: OTHER REVENUE

    total $351,152 · excluded $351,152

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $351,152

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $7,203,933 · program services $7,203,933

  • 5 · Compensation of officers, directors and key employees

    total $597,099 · program services $408,844 · management and general $172,191 · fundraising $16,064

  • 7 · Other salaries and wages

    total $6,825,233 · program services $4,673,352 · management and general $1,968,256 · fundraising $183,625

  • 8 · Pension plan contributions

    total $257,280 · program services $176,164 · management and general $74,194 · fundraising $6,922

  • 9 · Other employee benefits

    total $706,282 · program services $483,603 · management and general $203,677 · fundraising $19,002

  • 10 · Payroll taxes

    total $545,272 · program services $373,357 · management and general $157,245 · fundraising $14,670

  • 11b · Fees: legal

    total $1,810 · management and general $1,810

  • 11c · Fees: accounting

    total $54,000 · management and general $54,000

  • 11f · Fees: investment management

    total $117,056 · management and general $117,056

  • 11g · Fees: other

    total $1,297,844 · program services $765,694 · management and general $480,424 · fundraising $51,726

  • 12 · Advertising and promotion

    total $249,269 · program services $165,386 · fundraising $83,883

  • 13 · Office expenses

    total $1,027,746 · program services $861,054 · management and general $96,414 · fundraising $70,278

  • 14 · Information technology

    total $492,912 · program services $280,345 · management and general $212,567 · fundraising $0

  • 16 · Occupancy

    total $1,876,130 · program services $1,828,711 · management and general $32,062 · fundraising $15,357

  • 17 · Travel

    total $466,606 · program services $436,494 · management and general $28,462 · fundraising $1,650

  • 20 · Interest

    total $431,404 · program services $89,933 · management and general $341,471

  • 22 · Depreciation, depletion and amortization

    total $1,354,829 · program services $1,307,410 · management and general $31,974 · fundraising $15,445

  • 23 · Insurance

    total $174,708 · program services $153,489 · management and general $21,219

  • 24a · Other expenses: CREDIT LOSSES

    total $108,087 · management and general $108,087

  • 24b · Other expenses: FOOD SERVICE

    total $1,269,801 · program services $1,269,801

  • 24c · Other expenses: MEMBERSHIPS

    total $360,091 · program services $187,867 · management and general $119,541 · fundraising $52,683

  • 24d · Other expenses: OTHER

    total $572,824 · program services $326,457 · management and general $3,341 · fundraising $243,026

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,850 · end of year $2,735

  • 2 · Savings and temporary cash investments

    beginning of year $30,859 · end of year $736,403

  • 3 · Pledges and grants receivable

    beginning of year $219,497 · end of year $1,602,639

  • 4 · Accounts receivable

    beginning of year $1,265,459 · end of year $1,460,285

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $1,878,487 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $29,609 · end of year $39,982

  • 9 · Prepaid expenses and deferred charges

    beginning of year $108,596 · end of year $150,006

  • 10a · Land, buildings and equipment: cost or other basis

    $55,806,059

  • 10b · Land, buildings and equipment: accumulated depreciation

    $39,256,006

  • 10c · Land, buildings and equipment, net

    beginning of year $17,303,443 · end of year $16,550,053

  • 11 · Investments: publicly traded securities

    beginning of year $20,579,085 · end of year $13,794,892

  • 12 · Investments: other securities

    beginning of year $152,811 · end of year $5,541,992

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $775,739

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,058,908 · end of year $1,057,237

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $174,155 · end of year $65,707

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $950,000 · end of year $2,050,150

  • 24 · Unsecured notes and loans payable

    beginning of year $5,322,220 · end of year $4,763,511

  • 25 · Other liabilities

    beginning of year $404,576 · end of year $463,567

  • 27 · Net assets without donor restrictions

    beginning of year $12,316,345 · end of year $10,015,981

  • 28 · Net assets with donor restrictions

    beginning of year $21,344,492 · end of year $22,238,573

Mission and programs · 2024

Mission

Defiance College graduates students to lead distinctive lives in their chosen professions through a spirit of service by preparing them to Know, To Understand, To Lead, and To Serve.

  • Defiance College is a post-secondary, four-year private liberal arts, residential college accredited by the Higher Learning Commission (HLC) of the North Central Association of Colleges and Universities serving approximately 600 students on a 150 acre campus in Northwest, Ohio. Degrees awarded are Associated of Arts, Bachelor of Science, Bachelor of Arts, Masters of Arts in Education, and Masters in Business Administration. The college support is derived from student tuition, fees, grants, private gifts and auxiliary services.

    Expenses $20,991,894 · Grants $7,203,933 · Revenue $17,952,411

As filed on the 2024 return.

Listed in Part VII

  • MR EDD BUDLY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Mr Michael D Miller

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • MR ROBERT HEAD

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Ms Barb J Silvis

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Dr Antonio Linares

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Dr Holli Seabury

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Donald P Hileman

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Edward R Buhl

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Grant Phillips

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr James Weber

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Jeremy Ball

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr John W Weaner

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Karl E Ideman

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Michael McCann

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Randall L Buchman II

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mr Robert E Mills

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mrs Joyce C Anderson

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Mrs Pamela D Borton

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Ms Margaret R Mills

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Ms Sonya Selhorst

    Board of Trustees

    Total calculated
    $0
    Hours/week
    1
  • Dr Richanne C Mankey

    President

    Total calculated
    $295,271
    From this org
    $235,271
    From related orgs
    $0
    Other
    $60,000
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $235,271
    Bonus
    $0
    Other
    $0
    Deferred
    $30,000
    Nontaxable benefits
    $30,000
    Filer's total
    $295,271
  • Dr Thomas Stuckey

    VP for Finance and Administration

    Total calculated
    $169,367
    From this org
    $138,867
    From related orgs
    $0
    Other
    $30,500
    Hours/week
    32

    Schedule J breakdown matched by us

    Base
    $138,867
    Bonus
    $0
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $0
    Filer's total
    $169,367
  • Dr Agnes I Caldwell

    Executive VP and Academic Dean

    Total calculated
    $190,294
    From this org
    $184,894
    From related orgs
    $0
    Other
    $5,400
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $184,894
    Bonus
    $0
    Other
    $0
    Deferred
    $5,400
    Nontaxable benefits
    $0
    Filer's total
    $190,294
  • Bridgette A Winslow

    Assoc. VP for Academic

    Total calculated
    $105,301
    From this org
    $102,325
    From related orgs
    $0
    Other
    $2,976
    Hours/week
    50
  • Dr Jermy Taylor

    VP for Enrollment Management

    Total calculated
    $133,278
    From this org
    $130,741
    From related orgs
    $0
    Other
    $2,537
    Hours/week
    50
  • Mrs Lisa Marsalek

    VP and Dean of Students

    Total calculated
    $130,744
    From this org
    $102,716
    From related orgs
    $0
    Other
    $28,028
    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

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 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

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
HOUSING IS PROVDED FOR THE PRESIDENT BY DEFIANCE COLLEGE. THIS BENEFIT DOES MEET THE SECT. 119 EXCLUSION AND, THEREFORE, IS A NONTAXABLE BENEFIT.

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
5 March 2026
IRS schema version
2024v5.1
Source object
202620649349301527

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