Form 990 for tax year 2024

Filed by TEXAS WESLEYAN UNIVERSITY.

Totals

Total revenue: $112,674,924
Total expenses: $110,557,250
Contributions and grants received: $13,106,767
Grants paid: $47,988,619
Program service revenue: $93,549,610
Investment income: $3,788,805
Other revenue: $2,229,742
Total assets, end of year: $195,298,825
Total liabilities, end of year: $19,832,984
Net assets or fund balances, end of year: $175,465,841
Program services expenses (Part IX): $96,821,261
Management and general expenses: $12,965,194
Fundraising expenses: $770,795
Program service expenses (Part III): $96,821,261

Program services were 87.6% 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.

1c · Fundraising events

$329,078
1e · Government grants (contributions)

$6,247,339
1f · All other contributions, gifts and grants

$6,530,350
2a · Program service revenue: TUITION AND FEES

total $86,829,134 · related or exempt $86,829,134
2b · Program service revenue: HOUSING AND MEALS

total $4,496,176 · related or exempt $4,496,176
2c · Program service revenue: BOOKSTORE

total $12,609 · related or exempt $12,609
2d · Program service revenue: AUXILIARY

total $2,211,691 · related or exempt $2,211,691
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $3,599,237 · unrelated business $145,870 · excluded $3,453,367
5 · Royalties

total $1,718,650 · excluded $1,718,650
6a · Gross rents

real property $438,278
6b · Less rental expenses

real property $23,872
6c · Rental income or loss

real property $414,406 · personal property $0
6d · Net rental income or loss

total $414,406 · excluded $414,406
7a · Gross sales of assets other than inventory

securities $11,167,909
7b · Less cost or other basis and sales expenses

securities $10,978,341
7c · Gain or loss

securities $189,568 · other assets $0
7d · Net gain or loss

total $189,568 · excluded $189,568
8a · Fundraising events: gross income

$114,047
8a · Fundraising events: contributions included on line 1c

$329,078
8b · Fundraising events: direct expenses

$133,465
8c · Net income from fundraising events

total -$19,418 · excluded -$19,418
11a · Other revenue: FORFEITED DEPOSITS

total $116,104 · related or exempt $116,104
11d · All other revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$116,104

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $43,205,720 · program services $43,205,720
3 · Grants to foreign organizations and individuals

total $4,782,899 · program services $4,782,899
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $971,623 · program services $0 · management and general $674,468 · fundraising $297,155
7 · Other salaries and wages

total $25,904,820 · program services $22,806,100 · management and general $2,935,629 · fundraising $163,091
8 · Pension plan contributions

total $1,130,350 · program services $1,021,133 · management and general $109,217 · fundraising $0
9 · Other employee benefits

total $3,350,831 · program services $3,003,140 · management and general $347,269 · fundraising $422
10 · Payroll taxes

total $1,911,180 · program services $1,672,317 · management and general $223,821 · fundraising $15,042
11a · Fees: management

total $1,912,884 · program services $881,814 · management and general $1,020,609 · fundraising $10,461
11b · Fees: legal

total $65,785 · management and general $65,785
11c · Fees: accounting

total $168,296 · management and general $168,296
11e · Fees: professional fundraising services

total $95,156 · fundraising $95,156
11f · Fees: investment management

total $204,546 · management and general $204,546
11g · Fees: other

total $4,999,267 · program services $2,412,503 · management and general $2,558,144 · fundraising $28,620
12 · Advertising and promotion

total $1,012,434 · program services $466,718 · management and general $540,179 · fundraising $5,537
13 · Office expenses

total $1,960,351 · program services $903,695 · management and general $1,045,935 · fundraising $10,721
14 · Information technology

total $515,238 · program services $237,518 · management and general $274,902 · fundraising $2,818
16 · Occupancy

total $1,381,454 · program services $684,989 · management and general $689,449 · fundraising $7,016
17 · Travel

total $2,142,594 · program services $2,068,218 · management and general $58,588 · fundraising $15,788
19 · Conferences, conventions and meetings

total $84,814 · program services $65,473 · management and general $16,897 · fundraising $2,444
20 · Interest

total $255,175 · program services $221,814 · management and general $33,361
22 · Depreciation, depletion and amortization

total $4,157,581 · program services $3,921,378 · management and general $236,203
23 · Insurance

total $1,331,016 · program services $1,027,498 · management and general $265,166 · fundraising $38,352
24a · Other expenses: REPAIRS & MAINTENANCE

total $3,815,154 · program services $3,013,179 · management and general $783,770 · fundraising $18,205
24b · Other expenses: SUPPLIES

total $3,116,919 · program services $2,818,570 · management and general $298,349
24c · Other expenses: DUES & SUBSCRIPTIONS

total $1,245,981 · program services $961,854 · management and general $248,225 · fundraising $35,902
24d · Other expenses: BAD DEBT

total $835,182 · program services $644,731 · management and general $166,386 · fundraising $24,065
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 $27,228,462 · end of year $29,865,502
3 · Pledges and grants receivable

beginning of year $5,879,173 · end of year $4,937,162
4 · Accounts receivable

beginning of year $4,663,144 · end of year $2,330,062
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
9 · Prepaid expenses and deferred charges

beginning of year $1,377,291 · end of year $1,533,903
10a · Land, buildings and equipment: cost or other basis

$141,486,629
10b · Land, buildings and equipment: accumulated depreciation

$68,719,886
10c · Land, buildings and equipment, net

beginning of year $69,977,403 · end of year $72,766,743
11 · Investments: publicly traded securities

beginning of year $58,220,809 · end of year $66,890,695
12 · Investments: other securities

beginning of year $8,056,405 · end of year $3,358,557
13 · Investments: program-related

beginning of year $0
15 · Other assets

beginning of year $13,171,245 · end of year $13,616,201
17 · Accounts payable and accrued expenses

beginning of year $5,427,424 · end of year $5,993,256
19 · Deferred revenue

beginning of year $5,308,524 · end of year $6,682,132
20 · Tax-exempt bond liabilities

beginning of year $7,291,156 · end of year $6,714,021
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 $16,673 · end of year $9,226
24 · Unsecured notes and loans payable

beginning of year $571,579 · end of year $0
25 · Other liabilities

beginning of year $539,134 · end of year $434,349
27 · Net assets without donor restrictions

beginning of year $91,942,969 · end of year $92,855,503
28 · Net assets with donor restrictions

beginning of year $77,476,473 · end of year $82,610,338

Mission and programs · 2024

Mission

TEXAS WESLEYAN UNIVERSITY, GUIDED BY ITS DEEP METHODIST HERITAGE, PROVIDES TRANSFORMATIONAL LEARNING EXPERIENCES AND RESEARCH OPPORTUNITIES TO A DIVERSE GROUP OF STUDENTS TO DEVELOP THEIR FULL POTENTIAL AS INDIVIDUALS AND AS MEMBERS OF THE WORLD COMMUNITY. (CONTINUED ON SCH O)

Activities or mission (Part I)

OUR MISSION AT TEXAS WESLEYAN UNIVERSITY IS TO DEVELOP STUDENTS TO THEIR FULL POTENTIAL AS INDIVIDUALS AND AS MEMBERS OF THE WORLD COMMUNITY.

TEXAS WESLEYAN UNIVERSITY WAS FOUNDED BY THE METHODIST EPISCOPAL CHURCH IN 1890 AND IS THE LONGEST SERVING HIGHER EDUCATION INSTITUTION IN FORT WORTH, LED BY PRESIDENT EMILY MESSER. TEXAS WESLEYAN UNIVERSITY LAUNCHED A NEW STRATEGIC PLAN IN 2021 CALLED ENGAGE 2025. THE NEW STRATEGIC PLAN FOCUSES ON ENGAGE IN LEARNING, ENGAGE IN COMMUNITY AND ENGAGE IN LEADERSHIP. TEXAS WESLEYAN UNIVERSITY OFFERS UNDERGRADUATE DEGREES IN THE SCHOOLS OF ARTS AND SCIENCES, BUSINESS AND EDUCATION. ADDITIONALLY, THE UNIVERSITY OFFERS GRADUATE DEGREES IN THE SCHOOLS OF BUSINESS, EDUCATION AND HEALTH PROFESSIONS. THE UNIVERSITY HAS LAUNCHED SEVERAL ONLINE GRADUATE PROGRAMS WITHIN THE PAST SEVERAL YEARS. THE UNIVERSITY ALSO OFFERS AN HONORS CURRICULUM AND A PRE-HEALTH SCIENCE PROGRAM. ENDOWED FUNDS SUPPORT SCHOLARSHIPS, SPEAKER SERIES AND MANY ACADEMIC PROGRAMS BEYOND THE CLASSROOM. OFFICIAL ENROLLMENT FOR THE FALL 2024 TERM INCLUDE 1,839 UNDERGRADUATE AND 693 GRADUATE AND DOCTORAL STUDENTS FOR A TOTAL ENROLLMENT OF 2,532.

Expenses $60,997,394 · Grants $47,927,681 · Revenue $89,919,085
STUDENT SERVICES AND ACADEMIC SUPPORT: CAREER SERVICES PROVIDES ACADEMIC SUPPORT SERVICES THROUGH PROGRAMMING, CLASSROOM ENGAGEMENT, JOB/INTERN PLACEMENT OPPORTUNITIES, AND INDIVIDUAL COUNSELING APPOINTMENTS. PROGRAMMING INCLUDES EVENTS FOCUSED ON PROFESSIONAL DEVELOPMENT INCLUDING BUSINESS ETIQUETTE, DIGITAL NETWORKING PLATFORMS, INTERVIEW STRATEGIES, AND GRADUATE SCHOOL PREPARATION. PLACEMENT OPPORTUNITIES ARE AVAILABLE THROUGH STUDENT EMPLOYMENT FAIR, GRADUATE SCHOOL FAIR, CAREER FAIR, AND INDIVIDUAL ACADEMIC PROGRAM SHOWCASES SUCH AS COUNSELING GRADUATE STUDENT CAREER FAIR. CAREER SERVICES CONDUCTED 274 CAREER CONSULTATIONS IN 2024-2025 ADDRESSING TOPICS SUCH AS GRADUATE SCHOOL, TYPOLOGY ASSESSMENTS, JOB SEARCH, INTERNSHIP COUNSELING, MAJOR ADVISING, MOCK INTERVIEWS, RESUME REVIEWS, AND OTHER CAREER RELATED MATTERS. ORIENTATION AND NEW STUDENT EXPERIENCES CONDUCTED 19 REGISTRATION DATES WITH 926 ATTENDEES FOR 2024-2025. THE OFFICE OF THE DEAN OF STUDENTS ADDRESSES MATTERS CONCERNING ALLEGED MISCONDUCT, CRISIS INTERVENTION, AND CONFLICT RESOLUTION. PROACTIVE EDUCATIONAL INITIATIVES INCLUDE PROGRAMMING FOR SEXUAL ASSAULT AWARENESS MONTH, DOMESTIC VIOLENCE AWARENESS MONTH, AND SAFE-ZONE TRAINING IN ADDITION TO PUBLISHING PREVENTION AND RESPONSE, WHICH IS A TITLE IX RESOURCE. THE TITLE IX POLICY AND WEBSITE WERE UPDATED TO REFLECT THE NEW REGULATIONS. THE DIVISION OF STUDENT AFFAIRS PROMOTES NUMEROUS SUPPORT SERVICES INCLUDING STUDENT ORGANIZATIONS, GREEK LIFE, SOCIAL PROGRAMMING, AND SERVICE LEARNING PROGRAMS. THE MORTON FITNESS CENTER PROVIDES EQUIPMENT AND FACILITIES TO ENCOURAGE WELLNESS AND COMPETITIVE EXCELLENCE INCLUDING WEIGHT TRAINING, CARDIO, AND GROUP FITNESS CLASSES.

Expenses $30,014,591
HOUSING AND RESIDENCE LIFE: THE UNIVERSITY OFFERS TRADITIONAL, SUITE-STYLE, AND APARTMENT STYLE HALLS ON-CAMPUS WITH OVER 500 RESIDENTS IN FALL 2024. RESIDENCE LIFE STAFF FOCUSES ON REGULAR ONE-ON-ONE INTERACTIONS WITH EACH RESIDENT FOCUSED ON BUILDING RELATIONSHIPS, STIMULATING COMMUNITY, AND HELPING EACH RESIDENT FIND SUCCESS AT TEXAS WESLEYAN. RESIDENCE LIFE HOSTS PROGRAMS IN THE RESIDENCE HALLS THAT HELP STUDENTS DEVELOP IN THE AREAS OF HEALTHY LIVING, MULTICULTURAL COMPETENCE, GLOBAL CITIZENSHIP, LEADERSHIP DEVELOPMENT, PROFESSIONAL DEVELOPMENT, AND EDUCATIONAL EXPLORATION. PROGRAMMING IN THE HALLS IS BASED ON CURRENT STUDENT NEEDS.

Expenses $5,809,276 · Grants $60,938 · Revenue $3,746,629

As filed on the 2024 return.

Listed in Part VII

Glenn O Lewis

Chairman

Total calculated

$0

Hours/week

2
Greg Phillips

Secretary

Total calculated

$0

Hours/week

2
Tim Carter

Immediate Past Chairman

Total calculated

$0

Hours/week

2
Vickie Stevens

Vice-Chairman

Total calculated

$0

Hours/week

2
Anne Street

Trustee

Total calculated

$0

Hours/week

2
Aslam M Khan

Trustee

Total calculated

$0

Hours/week

2
Chris Nettles

Trustee

Total calculated

$0

Hours/week

2
Claudia Stepp

Trustee

Total calculated

$0

Hours/week

2
David D Parker

Trustee

Total calculated

$0

Hours/week

2
Gary Cumbie

Trustee

Total calculated

$0

Hours/week

2
Glenn Whitley

Trustee

Total calculated

$0

Hours/week

2
James P Thompson

Trustee

Total calculated

$0

Hours/week

2
James Richard Barajas

Trustee

Total calculated

$0

Hours/week

2
John Maddux

Trustee

Total calculated

$0

Hours/week

2
John Terry O'Halloran

Trustee

Total calculated

$0

Hours/week

2
Karen Burchfield

Trustee

Total calculated

$0

Hours/week

2
Karen Cramer

Trustee

Total calculated

$0

Hours/week

2
Kay Granger

Trustee

Total calculated

$0

Hours/week

2
Kenneth H Jones

Trustee

Total calculated

$0

Hours/week

2
Kerry Getter

Trustee

Total calculated

$0

Hours/week

2
Kimberly Persley

Trustee

Total calculated

$0

Hours/week

2
Larry Anfin

Trustee

Total calculated

$0

Hours/week

2
Louella Martin

Trustee

Total calculated

$0

Hours/week

2
Lowisa Rainwater

Trustee

Total calculated

$0

Hours/week

2
Marc Veasey

Trustee

Total calculated

$0

Hours/week

2
Marsha Hilcher

Trustee

Total calculated

$0

Hours/week

2
Max M Wayman

Trustee

Total calculated

$0

Hours/week

2
Richard Roby

Trustee

Total calculated

$0

Hours/week

2
Rick Whorter

Trustee

Total calculated

$0

Hours/week

2
Rosa L Navejar

Trustee

Total calculated

$0

Hours/week

2
Roy Charles Brooks

Trustee

Total calculated

$0

Hours/week

2
Susan L Coultas

Trustee

Total calculated

$0

Hours/week

2
Susan Lyons

Trustee

Total calculated

$0

Hours/week

2
Thomas R Locke

Trustee

Total calculated

$0

Hours/week

2
Timothy K Bruster

Trustee

Total calculated

$0

Hours/week

2
Vanisha Lunia

Trustee

Total calculated

$0

Hours/week

2
Virginia Tigue

Trustee

Total calculated

$0

Hours/week

2
Donna Nance

VP, Finance and Admin

Total calculated

$228,736

From this org

$201,211

From related orgs

$0

Other

$27,525

Hours/week

50

Schedule J breakdown matched by us

Base

$201,188

Bonus

$0

Other

$23

Deferred

$12,747

Nontaxable benefits

$14,778

Filer's total

$228,736
Emily Messer

President

Total calculated

$521,222

From this org

$466,786

From related orgs

$0

Other

$54,436

Hours/week

50

Schedule J breakdown matched by us

Base

$403,959

Bonus

$0

Other

$62,827

Deferred

$13,510

Nontaxable benefits

$40,926

Filer's total

$521,222
Hector Quintanilla

Provost & Senior Vice President of Academic Affairs

Total calculated

$221,665

From this org

$185,113

From related orgs

$0

Other

$36,552

Hours/week

40

Schedule J breakdown matched by us

Base

$185,090

Bonus

$0

Other

$23

Deferred

$10,997

Nontaxable benefits

$25,555

Filer's total

$221,665
Brian Cornelius

Associate Professor of Nurse Anesthesia

Total calculated

$202,862

From this org

$189,935

From related orgs

$0

Other

$12,927

Hours/week

40

Schedule J breakdown matched by us

Base

$189,912

Bonus

$0

Other

$23

Deferred

$11,782

Nontaxable benefits

$1,145

Filer's total

$202,862
Jose Castillo

Associate Professor of Nurse Anesthesia

Total calculated

$202,097

From this org

$174,143

From related orgs

$0

Other

$27,954

Hours/week

40

Schedule J breakdown matched by us

Base

$174,120

Bonus

$0

Other

$23

Deferred

$11,183

Nontaxable benefits

$16,771

Filer's total

$202,097
Scott Shaffer

Associate Professor of Nurse Anesthesia

Total calculated

$194,929

From this org

$182,012

From related orgs

$0

Other

$12,917

Hours/week

40

Schedule J breakdown matched by us

Base

$181,989

Bonus

$0

Other

$23

Deferred

$11,319

Nontaxable benefits

$1,598

Filer's total

$194,929
Terri Kane

Professor of Nurse Anesthesia

Total calculated

$258,468

From this org

$231,284

From related orgs

$0

Other

$27,184

Hours/week

40

Schedule J breakdown matched by us

Base

$231,261

Bonus

$0

Other

$23

Deferred

$14,513

Nontaxable benefits

$12,671

Filer's total

$258,468
Tito Tubog

Associate Professor of GPNA

Total calculated

$231,928

From this org

$207,647

From related orgs

$0

Other

$24,281

Hours/week

40

Schedule J breakdown matched by us

Base

$207,624

Bonus

$0

Other

$23

Deferred

$12,976

Nontaxable benefits

$11,305

Filer's total

$231,928

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 · 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: DESCRIPTION OF BENEFITS: THE HOUSING ALLOWANCE IS INCLUDED IN EMPLOYEE FORMS W-2 TAXABLE INCOME (EMILY MESSER)

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 TRUST (7)

Trust · TRUST · TX

Directly controlled by NA
CHARITABLE TRUST (1)

Trust · TRUST · IL

Directly controlled by NA
Charitable Trust (2)

Trust · TRUST · TN

Directly controlled by NA

Provenance

Return type: form_990
Tax year: 2024
Filed: 13 April 2026
IRS schema version: 2024v5.1
Source object: 202641039349301014

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