Skip to content
Nonprofiteer
← ROCKHURST UNIVERSITY

Form 990 for tax year 2022

Filed by ROCKHURST UNIVERSITY.

Totals

Total revenue
$102,469,832
Total expenses
$112,073,984
Contributions and grants received
$6,496,274
Grants paid
$42,798,668
Program service revenue
$89,394,232
Investment income
$1,995,244
Other revenue
$4,584,082
Total assets, end of year
$166,327,051
Total liabilities, end of year
$47,910,763
Net assets or fund balances, end of year
$118,416,288
Program services expenses (Part IX)
$98,987,501
Management and general expenses
$11,289,001
Fundraising expenses
$1,797,482
Program service expenses (Part III)
$98,987,501

Program services were 88.3% 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

    $34,020

  • 1e · Government grants (contributions)

    $1,007,450

  • 1f · All other contributions, gifts and grants

    $5,454,804

  • 1g · Noncash contributions included above

    $53,338

  • 2a · Program service revenue: TUITION AND FEES

    total $84,156,502 · related or exempt $84,156,502

  • 2b · Program service revenue: HOUSING INCOME

    total $5,237,730 · related or exempt $5,237,730

  • 3 · Investment income

    total $1,460,497 · excluded $1,460,497

  • 6a · Gross rents

    real property $113,144

  • 6b · Less rental expenses

    real property $55,775

  • 6c · Rental income or loss

    real property $57,369

  • 6d · Net rental income or loss

    total $57,369 · excluded $57,369

  • 7a · Gross sales of assets other than inventory

    securities $20,059,904 · other assets $1,161,643

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

    securities $19,665,623 · other assets $1,021,177

  • 7c · Gain or loss

    securities $394,281 · other assets $140,466

  • 7d · Net gain or loss

    total $534,747 · related or exempt $140,466 · excluded $394,281

  • 8a · Fundraising events: gross income

    $15,315

  • 8a · Fundraising events: contributions included on line 1c

    $34,020

  • 8b · Fundraising events: direct expenses

    $19,730

  • 8c · Net income from fundraising events

    total -$4,415 · excluded -$4,415

  • 11a · Other revenue: CAFETERIA INCOME

    total $2,457,073 · related or exempt $2,457,073

  • 11b · Other revenue: BOOKSTORE INCOME

    total $80,609 · related or exempt $80,609

  • 11c · Other revenue: ATHLETIC INCOME

    total $50,354 · related or exempt $50,354

  • 11d · All other revenue

    total $1,943,092 · related or exempt $1,943,092

  • 11e · Other revenue, total

    $4,531,128

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $41,080,681 · program services $41,080,681

  • 3 · Grants to foreign organizations and individuals

    total $1,717,987 · program services $1,717,987

  • 5 · Compensation of officers, directors and key employees

    total $768,745 · management and general $603,784 · fundraising $164,961

  • 7 · Other salaries and wages

    total $28,462,657 · program services $25,075,896 · management and general $2,494,592 · fundraising $892,169

  • 8 · Pension plan contributions

    total $771,522 · program services $663,509 · management and general $77,152 · fundraising $30,861

  • 9 · Other employee benefits

    total $4,322,047 · program services $3,716,960 · management and general $432,205 · fundraising $172,882

  • 10 · Payroll taxes

    total $2,067,587 · program services $1,778,125 · management and general $206,759 · fundraising $82,703

  • 11b · Fees: legal

    total $275,679 · management and general $275,679

  • 11c · Fees: accounting

    total $200,094 · management and general $200,094

  • 11f · Fees: investment management

    total $111,636 · management and general $111,636

  • 11g · Fees: other

    total $2,395,621 · program services $1,796,716 · management and general $598,905

  • 12 · Advertising and promotion

    total $469,349 · program services $402,612 · management and general $56,585 · fundraising $10,152

  • 13 · Office expenses

    total $867,844 · program services $744,443 · management and general $104,628 · fundraising $18,773

  • 14 · Information technology

    total $1,215,013 · program services $1,042,248 · management and general $146,482 · fundraising $26,283

  • 16 · Occupancy

    total $3,784,907 · program services $3,238,794 · management and general $463,033 · fundraising $83,080

  • 17 · Travel

    total $1,068,981 · program services $916,980 · management and general $128,877 · fundraising $23,124

  • 19 · Conferences, conventions and meetings

    total $972,339 · program services $834,081 · management and general $117,225 · fundraising $21,033

  • 20 · Interest

    total $1,789,460 · program services $447,365 · management and general $1,342,095

  • 22 · Depreciation, depletion and amortization

    total $5,074,217 · program services $4,352,705 · management and general $611,748 · fundraising $109,764

  • 23 · Insurance

    total $1,567,156 · program services $391,789 · management and general $1,175,367

  • 24a · Other expenses: STUDENT AID

    total $3,592,092 · program services $3,592,092

  • 24b · Other expenses: CONTRACTUAL SERVICES

    total $3,391,498 · program services $2,909,255 · management and general $408,879 · fundraising $73,364

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $1,270,377 · program services $1,089,740 · management and general $153,157 · fundraising $27,480

  • 24d · Other expenses: TUITION REMISSION

    total $1,131,006 · management and general $1,131,006

  • 24e · All other expenses

    total $3,705,489 · program services $3,195,523 · management and general $449,113 · fundraising $60,853

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,119 · end of year $6,782,261

  • 2 · Savings and temporary cash investments

    beginning of year $1,548,783 · end of year $1,587,436

  • 3 · Pledges and grants receivable

    beginning of year $5,913,577 · end of year $2,737,685

  • 4 · Accounts receivable

    beginning of year $2,472,842 · end of year $2,826,442

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,608,554 · end of year $2,568,415

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

    $190,027,491

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

    $82,777,290

  • 10c · Land, buildings and equipment, net

    beginning of year $108,331,353 · end of year $107,250,201

  • 11 · Investments: publicly traded securities

    beginning of year $45,308,909 · end of year $35,004,978

  • 13 · Investments: program-related

    beginning of year $1,195,188 · end of year $717,453

  • 14 · Intangible assets

    beginning of year $2,724,518 · end of year $2,342,204

  • 15 · Other assets

    beginning of year $7,600,635 · end of year $4,509,976

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,816,674 · end of year $4,137,324

  • 19 · Deferred revenue

    beginning of year $6,311,460 · end of year $7,149,575

  • 20 · Tax-exempt bond liabilities

    beginning of year $27,702,598 · end of year $25,523,977

  • 23 · Secured mortgages and notes payable

    beginning of year $8,205,034 · end of year $6,841,837

  • 25 · Other liabilities

    beginning of year $3,575,365 · end of year $4,258,050

  • 27 · Net assets without donor restrictions

    beginning of year $64,846,665 · end of year $71,742,170

  • 28 · Net assets with donor restrictions

    beginning of year $60,248,682 · end of year $46,674,118

Mission and programs · 2022

Mission

ROCKHURST IS A COMPREHENSIVE UNIVERSITY AND A SUPPORTIVE COMMUNITY THAT FORMS LIFELONG LEARNERS IN THE CATHOLIC, JESUIT, LIBERAL ARTS TRADITION WHO ENGAGE WITH THE COMPLEXITIES OF OUR WORLD AND SERVE OTHERS AS COMPASSIONATE, THOUGHTFUL LEADERS.

Activities or mission (Part I)

ROCKHURST IS A COMPREHENSIVE UNIVERSITY IN THE CATHOLIC, JESUIT, LIBERAL ARTS TRADITION.

  • ROCKHURST UNIVERSITY IS COMMITTED TO PROVIDING A QUALITY, PRIVATE EDUCATION AT A REASONABLE COST. DURING THE FISCAL YEAR ENDED JUNE 30, 2023 THE UNIVERSITY OFFERED INSTITUTIONAL FINANCIAL AID TO OVER 80% OF ITS GRADUATE AND UNDERGRADUATE STUDENTS.

    Expenses $45,479,819 · Grants $42,798,668 · Revenue $35,886,550

  • INSTRUCTIONAL EXPENSES REPRESENT THE COST OF DELIVERING THE ROCKHURST EDUCATIONAL EXPERIENCE TO APPROXIMATELY 3,400 UNDERGRADUATE AND GRADUATE STUDENTS. THIS INCLUDES THE SALARIES AND BENEFITS FOR FULL-TIME AND PART-TIME FACULTY MEMBERS, INSTRUCTIONAL MATERIALS, BOOKS AND SUPPLIES, TRAVEL AND PROFESSIONAL DEVELOPMENT, AND DEPRECIATION, MAINTENANCE AND INTEREST COSTS ASSOCIATED WITH VARIOUS CAMPUS FACILITIES.

    Expenses $42,798,668 · Revenue $42,798,668

  • AUXILIARY EXPENSES INCLUDE COSTS ASSOCIATED WITH PROVIDING STUDENT HOUSING AND FOOD SERVICE, EXPENSES RELATING TO THE UNIVERSITY'S PARTICIPATION IN THE NCAA ATHLETIC PROGRAMS, AND DEPRECIATION, MAINTENANCE, AND INTEREST COSTS ASSOCIATED WITH VARIOUS CAMPUS FACILITIES.

    Expenses $10,709,014 · Revenue $10,709,014

As filed on the 2022 return.

Listed in Part VII

  • DOUGLAS DUNHAM

    VPAA/PROVOST - UNTIL 6/3/23

    Total calculated
    $222,396
    From this org
    $198,483
    From related orgs
    $0
    Other
    $23,913
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,483
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $23,913
    Filer's total
    $222,396

  • SANDRA CASSADY PHD

    TRUSTEE/PRESIDENT

    Total calculated
    $178,984
    From this org
    $169,643
    From related orgs
    $0
    Other
    $9,341
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,643
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,341
    Filer's total
    $178,984

  • NANCY CREASY

    TRUSTEE/CHAIR

    Total calculated
    $0
    Hours/week
    1

  • GARY BELSKE

    TRUSTEE/VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KUSH PATEL MD

    TRUSTEE/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • THOMAS HASTINGS MD

    TRUSTEE/FORMER CHAIR - UNTIL 6/1/23

    Total calculated
    $0
    Hours/week
    1

  • KENNETH GARRETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KENT BEAUSOLEIL SJ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HUNG PHAM SJ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CAROL GRIMALDI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • REED MURPHY III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TOM SACK PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW STEWART SJ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SYLVESTER JAMES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JIM GLYNN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT BONNEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK BOSCO SJ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PEGGY DUNN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JUAN RANGEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DIANE TRIMBLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LISA VANSAGHI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CAROLINA CRUZ DAVIS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAMON DANIEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BRIDGETTE WILLIAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KEVIN BURKE SJ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KERM FENDLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ZACH POHLMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARNY SHERMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DERRICK WEINGARTNER SJ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MATTHEW QUICK

    VP STUDENT DEV/DEAN OF STUDENTS

    Total calculated
    $164,570
    From this org
    $151,722
    From related orgs
    $0
    Other
    $12,848
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,722
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,848
    Filer's total
    $164,570

  • ANTHONY TOCCO

    PROFESSOR/HEAD SOCCER COACH

    Total calculated
    $180,047
    From this org
    $169,606
    From related orgs
    $0
    Other
    $10,441
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $169,606
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $10,441
    Filer's total
    $180,047

  • MARY MOONEY BURNS

    VP ADVANCEMENT

    Total calculated
    $175,693
    From this org
    $154,769
    From related orgs
    $0
    Other
    $20,924
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,769
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $20,924
    Filer's total
    $175,693

  • MYLES GARTLAND

    DEAN-COLLEGE OF BUSINESS

    Total calculated
    $200,242
    From this org
    $178,905
    From related orgs
    $0
    Other
    $21,337
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,905
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,337
    Filer's total
    $200,242

  • JENNIFER FRIEND

    DEAN-COL. OF A&S - UNTIL 1/7/23

    Total calculated
    $161,482
    From this org
    $145,258
    From related orgs
    $0
    Other
    $16,224
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,258
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,224
    Filer's total
    $161,482

  • GERALD MOENCH

    CFO - UNTIL 6/11/22

    Total calculated
    $103,403
    From this org
    $90,897
    From related orgs
    $0
    Other
    $12,506
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $90,897
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,506
    Filer's total
    $103,403

  • HUBERT BENITEZ

    VP STRAT. INIT - UNTIL 3/18/22

    Total calculated
    $129,810
    From this org
    $122,164
    From related orgs
    $0
    Other
    $7,646
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $122,164
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $7,646
    Filer's total
    $129,810

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

  • 2 · Substantiation required before reimbursing expenses
  • 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.

Provenance

Return type
form_990
Tax year
2022
Filed
28 February 2024
IRS schema version
2022v5.0
Source object
202400609349302000

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.