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FERRUM COLLEGE

EIN 54-0506457 FERRUM, VA

Revenue 2024
$40,045,924
Expenses 2024
$41,442,376

Program services were 85.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B420
Classification
2000
Street
PO BOX 1000

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

OUR STUDENTS ENTER WITH PROMISE AND LEAVE WITH PURPOSE. WE FOSTER PERSONAL GROWTH, ACADEMIC EXCELLENCE, CAREER-READY SKILLS, AND A COMPASSION FOR SERVICE GROUNDED IN FAITH. WE EMPOWER INDIVIDUALS TO LEAD PURPOSEFUL LIVES, GUIDED BY FERRUM COLLEGE VALUES AND A COMMITMENT TO IMPACT THEIR COMMUNITIES AND THE WORLD.

Activities or mission (Part I)

FERRUM COLLEGE IS A PRIVATE LIBERAL ARTS INSTITUTION THAT PROVIDES BOTH UNDERGRADUATE AND GRADUATE DEGREES. WE ARE A DYNAMIC LEARNING COMMUNITY WHERE STUDENTS ENTER WITH PROMISE AND LEAVE WITH PURPOSE. THE MISSION IS SUPPORTED BY OUR VISION TO INSPIRE EVERYONE TO DO GOOD WORK, BUILD GOOD FUTURES, AND LIVE GOOD LIVES. THROUGH GENEROSITY OF SPIRIT, BEING A COMMUNITY THAT CONNECTS AND INSPIRES, PROVIDING OPPORTUNITY, REGARDLESS OF BACKGROUND, AND EXHIBITING RESILIENCE THROUGH INNOVATION AND RESOURCEFULNESS, WE STRENGTHEN OUR MISSION AND VISION. OUR ONE PRIORITY IS TO FULFILL THE PROMISE OF COLLEGE BY PROVIDING PATHWAYS TO MEANINGFUL WORK, MAKING EDUCATION ATTAINABLE, AND STAYING CONNECTED FOR A LIFETIME.

  • INSTRUCTION - FERRUM MAINTAINS A TRADITION OF OFFERING A COMPREHENSIVE ACADEMIC PROGRAM IN ACCORD WITH A LIBERAL ARTS CORE. WE STRIVE TO PROVIDE EDUCATION AND TO MAXIMIZE STUDENTS' CHANCES FOR SUCCESS BY PROVIDING ONE-ON-ONE SUPPORT, INDIVIDUAL ATTENTION AND POSITIVE REINFORCEMENT. THE CURRICULUM INCLUDES OPPORTUNITIES FOR CAREER PREPARATION AS WELL AS PERSONAL DEVELOPMENT IN ORDER TO HELP EACH STUDENT FULFILL HIS OR HER PERSONAL EDUCATIONAL GOALS. FERRUM COLLEGE OFFERS 32 MAJORS AND 41 MINORS, AS WELL AS A STUDENT-FACULTY RATIO OF 11:1. THE COLLEGE STRIVES TO PROVIDE PRE-PROFESSIONAL LEARNING OPPORTUNITIES BY OFFERING A WIDE ARRAY OF INTERNSHIPS IN ITS MAJORS. THE COLLEGE ALSO OFFERS SEVERAL GRADUATE PROGRAMS. FERRUM COLLEGE PROVIDES ONE-ON-ONE SUPPORT THROUGH TUTORING, ACADEMIC ADVISING AND ACADEMIC COUNSELING THROUGH THE CARTER CENTER FOR ACADEMIC SUCCESS. THE COLLEGE ALSO OPERATES A FITNESS CENTER THAT PROVIDES OPPORTUNITIES FOR STUDENTS TO PUT INTO PRACTICE WHAT THEY ARE LEARNING IN THE CLASSROOM.

    Expenses $19,689,971 · Grants $13,172,106 · Revenue $20,700,841

  • ACADEMIC SUPPORT STANLEY LIBRARY CONSISTS OF THE 21ST CENTURY LEARNING AREA WHICH HOUSES OUR LEARNING ENGAGEMENT AND PRACTICE (LEAP) STUDIO FOR LIBRARY INSTRUCTION, OUR DIGITAL MEDIA CENTER, OUR DIGITAL AUDIO LAB, AND OUR "GREEN SCREEN" ROOM. THE LIBRARY ALSO HAS A SUFFICIENT PRINT COLLECTION, A LEARNING COMMONS STUDY AREA, FULL RANGE OF RESOURCE SHARING SERVICES, AND OTHER QUIET STUDY AREAS. THE MICHAEL CHRISTIAN '63 FOR FIRST-YEAR EXPERIENCE IS DESIGNED TO HELP STUDENTS ADJUST TO FERRUM COLLEGE AND OBTAIN THE NECESSARY SKILLS TO BECOME A SUCCESSFUL COLLEGE STUDENT. THE PROGRAM ENGAGES NEW STUDENTS TO CULTIVATE A BETTER UNDERSTANDING OF THE LEARNING PROCESS, AND TO TAKE ADVANTAGE OF THE CAMPUS RESOURCES AND COMMUNITY AVAILABLE TO THEM. THE STATE CENTER FOR BLUE RIDGE FOLKLORE, FERRUM COLLEGE'S BLUE RIDGE INSTITUTE AND MUSEUM (BRIM) HAS DOCUMENTED THE FOLKWAYS OF THE PEOPLE LIVING IN AND AROUND THE BLUE RIDGE MOUNTAINS. THE BRIM ADDS A UNIQUE ELEMENT TO FERRUM COLLEGE'S MODERN ACADEMIC PROGRAMS. THESE SERVICES ARE PROVIDED FREE OF CHARGE TO STUDENTS. THE BLUE RIDGE INSTITUTE FARM MUSEUM IS AVAILABLE TO THE GENERAL PUBLIC FOR A SMALL FEE.

    Expenses $1,770,276

  • STUDENT SERVICES - STUDENT LEADERSHIP AND ENGAGEMENT FACILITATES A DIVERSE CALENDAR OF EVENTS THAT ENHANCES AND COMPLIMENTS THE CURRICULUM AND CO-CURRICULUM; SUPPORTS CLUBS AND ORGANIZATIONS THAT NOT ONLY INVOLVE, BUT ENGAGES STUDENTS, AND PROMOTES SERVICE LEARNING. ATHLETICS - FERRUM COLLEGE CONSIDERS INTERCOLLEGIATE ATHLETICS TO BE AN INTEGRAL PART OF THE COLLEGE EXPERIENCE AND SEEKS TO PROVIDE POSITIVE AND ENRICHING PROGRAMS THAT COMPLEMENT AND REINFORCE THE EDUCATIONAL PURSUITS, ACADEMIC SUCCESS, AND ATHLETIC EXCELLENCE OF STUDENT ATHLETES. ADMISSIONS PROMOTES FERRUM COLLEGE THROUGH VARIOUS MARKETING PROGRAMS INCLUDING MAILINGS, ATTENDANCE AT VARIOUS HIGH SCHOOL COLLEGE FAIRS, AND PERSONAL TOURS OF THE CAMPUS IN ORDER TO ENROLL STUDENTS. FINANCIAL AID COMPLEMENTS THE ADMISSIONS PROCESS BY WORKING WITH FAMILIES TO SECURE FINANCIAL RESOURCES REQUIRED FOR ATTENDANCE. REGISTRAR ASSISTS AS WELL BY VERIFYING THE ACADEMIC CREDENTIALS OF POTENTIAL STUDENTS AND THEN FOLLOWS THE STUDENT THROUGH THEIR ACADEMIC PROGRESS TO GRADUATION. TRI-AREA COMMUNITY HEALTH CENTER (3RD PARTY PARTNER) AND FERRUM COLLEGE COUNSELING SERVICES PROVIDE HEALTH SERVICES TO OUR STUDENTS.

    Expenses $6,620,456

  • AUXILIARIES - THE TWO MAJOR AREAS OF AUXILIARIES ARE RESIDENCE LIFE AND DINING SERVICES. RESIDENCE LIFE INCLUDES RESIDENTIAL FACILITIES AND STAFF THAT SUPPORT THE ON CAMPUS STUDENT HOUSING EXPERIENCE. DINING SERVICES INCLUDES COST OF MEAL PLANS AND EQUIPMENT REPLACEMENT OR REPAIRS. OTHER AUXILIARY ITEMS INCLUDE THE CAMPUS SPIRIT STORE, SUMMER PROGRAMS, AND FACULTY/STAFF RENTAL HOUSING.

    Expenses $7,134,268 · Revenue $8,128,909

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

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • D SCOTT SHOWALTER

    CHAIR OF THE BOARD OF TRUS

    Total calculated
    $0
    Hours/week
    4

  • W JEFFREY BOOKER

    1ST VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.8

  • EVERETT FOXX

    2ND VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • AMANDA COX

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.8

  • DAVID ARRINGTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • REV DR SARAH CALVERT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JOHN P COUGILL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • F ABE DYMOND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JAMIE GREEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • CLYDE HOLLAND PERDUE III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • GERARD ROBINSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • BISHOP SUE HAUPERT-JOHNSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • GLENN LOOPE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • DR KAREN MCELFISH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JUDSON MASON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • ANNITA P NELSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • BAXTER F PHILLIPS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.8

  • NANCY WALSH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • FRANCES DYMOND

    CHIEF LEGAL OFFICER

    Total calculated
    $5,216
    From this org
    $5,216
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • JESSICA LUTHER

    ASSOC CHIEF ACCOUNTING OFFICER/CFO

    Total calculated
    $95,435
    From this org
    $84,509
    From related orgs
    $0
    Other
    $10,926
    Hours/week
    55

  • DR MIRTA M MARTIN

    PRESIDENT

    Total calculated
    $223,255
    From this org
    $204,188
    From related orgs
    $0
    Other
    $19,067
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $203,000
    Bonus
    $0
    Other
    $1,188
    Deferred
    $0
    Nontaxable benefits
    $19,067
    Filer's total
    $223,255

  • LISA BOWLING

    VP FOR INSTITUTIONAL ADVAN

    Total calculated
    $142,362
    From this org
    $130,049
    From related orgs
    $0
    Other
    $12,313
    Hours/week
    40

  • MARK POORE

    VICE PRESIDENT OF TECHNOLOGY

    Total calculated
    $126,384
    From this org
    $125,879
    From related orgs
    $0
    Other
    $505
    Hours/week
    40

  • DELIA HECK

    PROVOST

    Total calculated
    $123,718
    From this org
    $111,138
    From related orgs
    $0
    Other
    $12,580
    Hours/week
    55

  • JASON POWELL

    ASSOC VP ACADEMIC AFFAIRS

    Total calculated
    $116,795
    From this org
    $104,215
    From related orgs
    $0
    Other
    $12,580
    Hours/week
    40

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $40,045,924
    Expenses
    $41,442,376
    Contributions
    $8,990,855
    Grants paid
    $13,172,106
  • 2023
    Revenue
    $43,150,167
    Expenses
    $47,747,076
    Contributions
    $2,831,366
    Grants paid
    $18,894,999
  • 2022
    Revenue
    $43,486,308
    Expenses
    $48,426,770
    Contributions
    $4,785,785
    Grants paid
    $17,927,398

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2021 · 990

    Revenue
    $48,896,269
    Expenses
    $51,555,496
    Assets (EOY)
    $126,663,415

  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2020 · 990

    Revenue
    $55,095,232
    Expenses
    $50,724,669
    Assets (EOY)
    $138,488,654

  • 2020 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2019 · 990

    Revenue
    $50,862,337
    Expenses
    $53,101,585
    Assets (EOY)
    $125,611,329

  • 2018 · 990

    Revenue
    $52,056,769
    Expenses
    $53,791,127
    Assets (EOY)
    $124,844,640

  • 2017 · 990

    Revenue
    $51,272,796
    Expenses
    $53,566,276
    Assets (EOY)
    $125,074,857

  • 2016 · 990

    Revenue
    $57,698,507
    Expenses
    $54,376,055
    Assets (EOY)
    $124,203,089

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

Related partnerships on its 2024 return

  • R-B LP

    INVESTMENT INCOME · REAL ESTATE DEVELOPMENT · VA · 1% owned · general or managing partner

Related corporations and trusts on its 2024 return

  • RS MOORE TESTAMENTARY TRUST FBO FERRUM COLLEGE

    T · SUPPORT OF CHARITABLE PURPOSE OF FERRUM COLLEGE · VA

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.