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Nonprofiteer
← CLARK SUMMIT UNIVERSITY

Form 990 for tax year 2024

Filed by CLARK SUMMIT UNIVERSITY.

Totals

Total revenue
$1,449,890
Total expenses
$3,311,115
Contributions and grants received
$419,640
Grants paid
$0
Program service revenue
$542,825
Investment income
$415,798
Other revenue
$71,627
Total assets, end of year
$8,352,349
Total liabilities, end of year
$9,911,390
Net assets or fund balances, end of year
-$1,559,041
Program services expenses (Part IX)
$1,713,915
Management and general expenses
$1,597,200
Fundraising expenses
$0
Program service expenses (Part III)
$1,713,915

Program services were 51.8% 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)

    $4,066

  • 1f · All other contributions, gifts and grants

    $415,574

  • 2a · Program service revenue: TUITION & FEES

    total $319,773 · related or exempt $319,773

  • 2b · Program service revenue: AUXILIARY ENTERPRISES

    total $223,052 · related or exempt $223,052

  • 3 · Investment income

    total $137,918 · excluded $137,918

  • 7a · Gross sales of assets other than inventory

    other assets $277,880

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

    other assets $0

  • 7c · Gain or loss

    other assets $277,880

  • 7d · Net gain or loss

    total $277,880 · excluded $277,880

  • 11a · Other revenue: MISCELLANEOUS

    total $71,627 · excluded $71,627

  • 11e · Other revenue, total

    $71,627

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $44,295 · program services $17,718 · management and general $26,577

  • 7 · Other salaries and wages

    total $103,387 · program services $82,710 · management and general $20,677

  • 9 · Other employee benefits

    total $167,948 · program services $125,961 · management and general $41,987

  • 11c · Fees: accounting

    total $31,500 · management and general $31,500

  • 11g · Fees: other

    total $371,298 · management and general $371,298

  • 12 · Advertising and promotion

    total $29,701 · management and general $29,701

  • 13 · Office expenses

    total $649,651 · management and general $649,651

  • 20 · Interest

    total $493,363 · program services $483,496 · management and general $9,867

  • 22 · Depreciation, depletion and amortization

    total $463,485 · program services $454,215 · management and general $9,270

  • 23 · Insurance

    total $406,672 · management and general $406,672

  • 24a · Other expenses: EDUCATIONAL EXPENSES

    total $549,815 · program services $549,815

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $88,353 · end of year $334,070

  • 4 · Accounts receivable

    beginning of year $192,141 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $195,692 · end of year $169,635

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

    $25,102,500

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

    $18,262,901

  • 10c · Land, buildings and equipment, net

    beginning of year $7,355,875 · end of year $6,839,599

  • 15 · Other assets

    beginning of year $996,823 · end of year $1,009,045

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,087,390 · end of year $1,377,033

  • 19 · Deferred revenue

    beginning of year $581,058 · end of year $302,867

  • 23 · Secured mortgages and notes payable

    beginning of year $4,543,712 · end of year $4,765,360

  • 25 · Other liabilities

    beginning of year $1,314,540 · end of year $3,466,130

  • 27 · Net assets without donor restrictions

    beginning of year -$1,810,695 · end of year -$3,698,379

  • 28 · Net assets with donor restrictions

    beginning of year $2,112,879 · end of year $2,139,338

Mission and programs · 2024

Mission

CLARKS SUMMIT UNIVERSITY IS A FULLY ACCREDITED, CHRIST-CENTERED EDUCATIONAL INSTITUTION LOCATED IN A SUBURBAN AREA OF THE SCRANTON/WILKES-BARRE, PA METROPOLITAN AREA. OUTSTANDING BIBLICAL HIGHER EDUCATION IS OFFERED THROUGH ON-CAMPUS, ONLINE, AND OTHER DISTANCE LEARNING OPTIONS. STUDENTS LEARN TO SERVE AND LEAD AS THEY GAIN CRITICAL LEADERSHIP AND LIFE SKILLS. OUR STUDENTS, FACULTY, AND STAFF CONTRIBUTE TO A BETTER QUALITY OF LIFE IN NORTHEASTERN PENNSYLVANIA AND AROUND THE WORLD. OUR SCENIC 114-ACRE CAMPUS INCLUDES 17 MAJOR BUILDINGS, ATHLETIC FACILITIES, AND A 4 1/2-ACRE LAKE. NEARLY 13,000 PEOPLE HAVE EARNED DEGREES AND HAVE LIVED IN ALL 50 STATES AND AS MANY FOREIGN COUNTRIES.

Activities or mission (Part I)

ACCREDITED, PRIVATE CHRISTIAN ORGANIZATION PROVIDING UNDERGRADUATE, GRADUATE, AND SEMINARY DEGREE PROGRAMS.

  • REVENUE FROM TUITION AND FEES PAYS FOR A RANGE OF TEACHING, MATERIALS, ADMINISTRATIVE, AND TECHNICAL EXPENSES. WITH NEARLY 1,100 STUDENTS, CLARKS SUMMIT UNIVERSITY OFFERS STUDIES FROM A ONE-YEAR BIBLE CERTIFICATE TO FULL DOCTORATE PROGRAMS. UNDERGRADUATE MAJORS RANGE FROM INTERCULTURAL YOUTH MINISTRIES AND WORSHIP PASTOR TO BUSINESS ADMINISTRATION AND TEACHER EDUCATION. THE COLLEGE AND SEMINARY STAFF INCLUDES 23 FULL-TIME FACULTY, 16 OF WHOM HOLD TERMINAL DOCTORATE DEGREES. ACCREDITATION IS PROVIDED BY BOTH THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS AND THE ASSOCIATION FOR BIBLICAL HIGHER EDUCATION. ALL DEGREES ARE APPROVED BY THE COMMONWEALTH OF PENNSYLVANIA. MORE THAN 95 PERCENT OF UNDERGRADUATE STUDENTS RECEIVE SOME FORM OF FINANCIAL AID.

    Expenses $738,526 · Revenue $319,773

  • AUXILIARY ENTERPRISES INCLUDE ROOM, BOARD, CAFE AND OTHER ANCILLARY FUNCTIONS OF THE INSTITUTION.

    Expenses $975,389 · Revenue $223,052

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James Lytle

    PRESIDENT

    Total calculated
    $2,400
    From this org
    $2,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    45
  • Jeff Howell

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Dan Kallman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Larry Green

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Donn Hauser

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Kezia Curry

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Grace Dyson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Scott Greening

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Tom Benefiel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Matt Calderon

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Milt Kornegay

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Randy Carman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • William Higley

    ASSISTANT SECRETARY

    Total calculated
    $13,898
    From this org
    $13,898
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Paul Golden

    DIRECTOR OF ALUMNI SERVICE

    Total calculated
    $12,869
    From this org
    $12,869
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Allen Dreyer

    EXECUTIVE DIRECTOR FOR ADM

    Total calculated
    $12,728
    From this org
    $12,728
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Catherine Moynihan To 22024

    CONTROLLER

    Total calculated
    $2,400
    From this org
    $2,400
    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.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 April 2026
IRS schema version
2024v5.5
Source object
202611059349300441

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