Totals
- Total revenue
- $36,315,893
- Total expenses
- $39,736,752
- Contributions and grants received
- $11,821,255
- Grants paid
- $5,290,584
- Program service revenue
- $21,412,792
- Investment income
- $1,255,721
- Other revenue
- $1,826,125
- Total assets, end of year
- $73,318,435
- Total liabilities, end of year
- $32,659,240
- Net assets or fund balances, end of year
- $40,659,195
- Program services expenses (Part IX)
- $24,561,643
- Management and general expenses
- $15,175,109
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $24,561,643
Program services were 61.8% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$6,740,361
-
1f · All other contributions, gifts and grants
$5,080,894
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: TUITION AND FEES
total $14,686,578 · related or exempt $14,686,578 · unrelated business $0 · excluded $0
-
2b · Program service revenue: AUXILIARY INCOME
total $6,726,214 · related or exempt $6,726,214 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $405,276 · related or exempt $0 · unrelated business $0 · excluded $405,276
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $6,535,126 · other assets $409,374
-
7b · Less cost or other basis and sales expenses
securities $6,094,055 · other assets $0
-
7c · Gain or loss
securities $441,071 · other assets $409,374
-
7d · Net gain or loss
total $850,445 · related or exempt $0 · unrelated business $0 · excluded $850,445
-
11a · Other revenue: NONRECURRING REFUNDABLE CREDIT
total $1,179,183 · related or exempt $1,179,183 · unrelated business $0 · excluded $0
-
11b · Other revenue: OTHER INCOME
total $646,942 · related or exempt $646,942 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$1,826,125
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $79,750 · program services $79,750
-
2 · Grants to domestic individuals
total $5,210,834 · program services $5,210,834
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $1,167,364 · program services $0 · management and general $1,167,364 · fundraising $0
-
7 · Other salaries and wages
total $12,152,541 · program services $7,201,469 · management and general $4,951,072 · fundraising $0
-
9 · Other employee benefits
total $79,750 · program services $0 · management and general $79,750 · fundraising $0
-
10 · Payroll taxes
total $888,238 · program services $415,645 · management and general $472,593 · fundraising $0
-
11b · Fees: legal
total $97,776 · program services $0 · management and general $97,776 · fundraising $0
-
11c · Fees: accounting
total $269,835 · program services $0 · management and general $269,835 · fundraising $0
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $4,099 · program services $0 · management and general $4,099 · fundraising $0
-
13 · Office expenses
total $1,475,736 · program services $163,200 · management and general $1,312,536 · fundraising $0
-
14 · Information technology
total $5,616,179 · program services $2,211,402 · management and general $3,404,777 · fundraising $0
-
16 · Occupancy
total $1,530,317 · program services $1,530,317 · management and general $0 · fundraising $0
-
17 · Travel
total $809,158 · program services $692,411 · management and general $116,747 · fundraising $0
-
20 · Interest
total $874,903 · program services $874,903 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $1,372,705 · program services $198,821 · management and general $1,173,884 · fundraising $0
-
23 · Insurance
total $1,123,191 · program services $0 · management and general $1,123,191 · fundraising $0
-
24a · Other expenses: FOOD SERVICES
total $2,565,947 · program services $2,565,947 · management and general $0 · fundraising $0
-
24b · Other expenses: BAD DEBT EXPENSES
total $416,156 · program services $416,156 · management and general $0 · fundraising $0
-
24c · Other expenses: CONSTR., RENOVATION & MAINT.
total $1,025,845 · program services $38,016 · management and general $987,829 · fundraising $0
-
24d · Other expenses: OTHER EXPENSES
total $2,976,428 · program services $2,962,772 · management and general $13,656 · fundraising $0
-
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 $100,026 · end of year $3,217,550
-
2 · Savings and temporary cash investments
beginning of year $350,307 · end of year $508,703
-
3 · Pledges and grants receivable
beginning of year $2,222,557 · end of year $2,180,481
-
4 · Accounts receivable
beginning of year $2,718,739 · end of year $3,709,623
-
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 $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $642,927 · end of year $494,068
-
10a · Land, buildings and equipment: cost or other basis
$89,024,279
-
10b · Land, buildings and equipment: accumulated depreciation
$47,847,312
-
10c · Land, buildings and equipment, net
beginning of year $39,036,998 · end of year $41,176,967
-
11 · Investments: publicly traded securities
beginning of year $20,864,307 · end of year $22,031,043
-
12 · Investments: other securities
beginning of year $0
-
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 $0
-
17 · Accounts payable and accrued expenses
beginning of year $6,660,822 · end of year $7,508,711
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $5,205,907 · end of year $4,392,399
-
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 $11,242,969 · end of year $20,758,130
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $26,022,888 · end of year $22,187,745
-
28 · Net assets with donor restrictions
beginning of year $16,803,275 · end of year $18,471,450
Mission and programs · 2024
Mission
Shaw University's mission centers on teaching and maintaining excellence in research and academic programs that enhance intellectual and technological development. The University also emphasizes character formation through religious, cultural, social, and ethical values, aiming to graduate students with strong competencies and preparation for leadership and service in their chosen fields.
Activities or mission (Part I)
SEE SCHEDULE O.
-
THE SHAW UNIVERSITY IS A COEDUCATIONAL INSTITUTION OF LIBERAL ARTS, OFFERING UNDERGRADUATE DEGREES AND A MASTERS OF DIVINITY DEGREE, MASTERS OF RELIGIOUS EDUCATION AND A MASTER OF SCIENCE IN CURRICULUM AND INSTRUCTION WITH A CONCENTRATION IN EARLY CHILDHOOD EDUCATION. THE UNIVERSITY PROVIDES STUDENT AID TO QUALIFIED STUDENTS WHO EXPRESS A FINANCIAL NEED IN ORDER TO COMPLETE THEIR EDUCATION. THERE ARE APPROXIMATELY 964 FULL-TIME AND PART-TIME STUDENTS. THE UNIVERSITY ALSO OFFERS STUDENT HOUSING.
Expenses $24,561,643 · Grants $5,290,584 · Revenue $23,238,917
As filed on the 2024 return.
Listed in Part VII
-
Dr H Donell LewisDR H DONELL LEWIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dr James A ThortonDR JAMES A THORTON
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dr Joseph BellDR JOSEPH BELL
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mr Jermaine SimmonsMR JERMAINE SIMMONS
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Aydia CobbAYDIA COBB
PRESIDENT, SGA
- Total calculated
- $0
- Hours/week
- 1
-
Dr Adrian AllenDR ADRIAN ALLEN
PRESIDENT, FACULTY SENATE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ida Silver WigginsDR IDA SILVER WIGGINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr John H LucasDR JOHN H LUCAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Lorenzo WilliamsDR LORENZO WILLIAMS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Mack SowellDR MACK SOWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Michael UgwuekeDR MICHAEL UGWUEKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Nilous M Avery IIDR NILOUS M AVERY II
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Ol'Bunmi PetersDR OL'BUNMI PETERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Willie E GaryDR WILLIE E GARY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Andre SheppardMR ANDRE SHEPPARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Dallas W Joseph IIMR DALLAS W JOSEPH II
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MR ISAAC b WHEELER SR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Sean N WoodroffeMR SEAN N WOODROFFE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Thomas F DardenMR THOMAS F DARDEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Tim CatlettMR TIM CATLETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Travis MitchellMR TRAVIS MITCHELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Lena JohnsonMRS LENA JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Dr Ricky BanksREV DR RICKY BANKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Linda InmanREV LINDA INMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stanley Eric HowardSTANLEY ERIC HOWARD
PRESIDENT, NAT'L ALUMNI ASSOCIATION
- Total calculated
- $0
- Hours/week
- 1
-
David ByrdDAVID BYRD
VP FOR FINANCE AND ADMIN/CFO
- Total calculated
- $142,887
- From this org
- $142,887
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dr Paulette DillardDR PAULETTE DILLARD
PRESIDENT/CEO
- Total calculated
- $253,667
- From this org
- $253,667
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $253,667
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $253,667
-
Marilyn RichardsMARILYN RICHARDS
VP INSTITUTIONAL ADVANCEMENT
- Total calculated
- $127,917
- From this org
- $127,917
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Renata DusenburyRENATA DUSENBURY
VP FOR ACADEMIC AFFAIRS
- Total calculated
- $117,782
- From this org
- $117,782
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dr Stacey SowellDR STACEY SOWELL
VP ENROLLMENT MGMT AND STUDENT SUCCESS
- Total calculated
- $145,891
- From this org
- $145,891
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Dr Vanessa Raynor-MooneDR VANESSA RAYNOR-MOONE
ACTING VP STUDENT AFFAIRS/DEAN ACADEMIC SUPPORT
- Total calculated
- $106,167
- From this org
- $106,167
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Leon LewisLEON LEWIS
CHIEF INFORMATION OFFICER
- Total calculated
- $109,766
- From this org
- $109,766
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lynette WoodLYNETTE WOOD
DEAN - SCHOOL OF BUSINESS
- Total calculated
- $148,952
- From this org
- $148,952
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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 · Written employment contract
- 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
- THE HOUSING ALLOWANCE IS FOR THE PRESIDENT AND SEVERAL CLERGY EMPLOYEES.
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
-
United Negro College Fund (UNCF)
$79,750
FUND EDUCATION
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202601359349304605
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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