Moravian University
- Assets
- $285.0m
- Revenue
- $122.5m
- Investments
- $30.9m
- Employees
- 1,685
- Location
- Bethlehem, PA
- Founding
- 01/1943
- Data as of
- 06/2020
- EIN
- 24-0795460
Organization Overview
Moravian University is located in Bethlehem, PA. The organization was established in 1943. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Moravian University employed 1,685 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, Moravian University generated $122.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $116.4m during the year ending 06/2020. While expenses have increased by 5.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
MORAVIAN COLLEGE'S LIBERAL ARTS EDUCATION PREPARES EACH INDIVIDUAL FOR A REFLECTIVE LIFE, FULFILLING CAREERS, AND TRANSFORMATIVE LEADERSHIP IN A WORLD OF CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBERAL ARTS COLLEGE: MORAVIAN COLLEGE OPERATES AN INDEPENDENT, RESIDENTIAL LIBERAL ARTS COLLEGE AFFILIATED WITH THE MORAVIAN CHURCH IN AMERICA. THE COLLEGE OFFERS UNDERGRADUATE AND GRADUATE PROGRAMS TO PREPARE MEN AND WOMEN FOR ADVANCED STUDY AND CONTINUOUS LEARNING, INDIVIDUAL ACHIEVEMENT, AND LEADERSHIP AND SERVICE FOR THE COMMON GOOD. MORAVIAN COLLEGE AND ITS THEOLOGICAL SEMINARY EDUCATE A DIVERSE GROUP OF STUDENTS FROM A VARIETY OF SOCIOECONOMIC, RELIGIOUS, RACIAL AND ETHNIC BACKGROUNDS. DURING THE YEAR ENDED JUNE 30, 2020, THE COLLEGE HAD ENROLLMENT OF 2,134 FULL-TIME EQUIVALENT STUDENTS IN THE UNDERGRADUATE PROGRAM AND 388 FULL-TIME EQUIVALENT STUDENTS IN THE GRADUATE PROGRAMS.
THEOLOGICAL SEMINARY: MORAVIAN THEOLOGICAL SEMINARY OFFERS GRADUATE DEGREES AND CONTINUING EDUCATION PROGRAMS TO PREPARE MEN AND WOMEN FOR EFFECTIVE LEADERSHIP AND SERVICE IN CONGREGATIONAL, COUNSELING, CHAPLAINCY, TEACHING, AND OTHER MINISTRIES. THE SEMINARY IS ROOTED IN THE MORAVIAN FAITH TRADITION-CENTERED IN JESUS CHRIST, GROUNDED IN SCRIPTURE, ECUMENICAL IN SPIRIT, COMMITTED TO COMMUNITY, AND FOCUSED ON MISSIONAL LEADERSHIP. AVERAGE FULL-TIME EQUIVALENT ENROLLMENT FOR THE YEAR ENDED JUNE 30, 2020 WAS 39.
AUXILIARY ENTERPRISES: MORAVIAN COLLEGE PROVIDES TEXTBOOKS, EDUCATIONAL MATERIALS AND SUPPLIES THROUGH ITS BOOKSTORE, LIVING ACCOMMODATIONS THROUGH ITS DORMITORIES AND PROVIDES NUTRITIOUS MEALS THROUGH ITS FOOD SERVICES TO THE STUDENTS LISTED IN PART III, LINES 4A AND 4B.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Bryon L Grigsby President/college & Seminary Trustee | OfficerTrustee | 40 | $366,715 |
Cynthia K Kosso Provost & Dean Of Faculty | Officer | 40 | $188,046 |
Mark F Reed VP For Finance & Administration | Officer | 40 | $182,220 |
Ms Nicole Loyd VP Student Life/dean Of Students | Officer | 40 | $165,526 |
Bernardo J Cantens Philosophy Dept Chair | 40 | $141,569 | |
James Reece Scifers Chair Of Rehabilitation Sciences | 40 | $141,044 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Csi International Inc Contract Custodial Services | 6/29/20 | $730,629 |
Adams Outdoor Advertising Advertising | 6/29/20 | $152,768 |
Sodexo Inc & Affiliates Contract Food Service Management | 6/29/20 | $5,568,826 |
Sei Investments Investment Management | 6/29/20 | $427,767 |
Extensionengine Llc Consulting-online Course Design | 6/29/20 | $1,095,726 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,017,220 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,592,822 |
| Noncash contributions included in lines 1a–1f | $959,810 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,610,042 |
| Total Program Service Revenue | $104,284,977 |
| Investment income | $4,716,778 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $73,059 |
| Net Gain/Loss on Asset Sales | $1,129,784 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $122,475,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $44,029,558 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,442,430 |
| Compensation of current officers, directors, key employees. | $777,342 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,806,425 |
| Pension plan accruals and contributions | $1,752,286 |
| Other employee benefits | $4,806,459 |
| Payroll taxes | $2,266,571 |
| Fees for services: Management | $374,240 |
| Fees for services: Legal | $53,859 |
| Fees for services: Accounting | $94,726 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $467,025 |
| Fees for services: Other | $1,024,030 |
| Advertising and promotion | $678,992 |
| Office expenses | $1,221,590 |
| Information technology | $1,934,203 |
| Royalties | $0 |
| Occupancy | $4,512,403 |
| Travel | $812,892 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,452,942 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,325,894 |
| Insurance | $509,551 |
| All other expenses | $2,450,678 |
| Total functional expenses | $116,380,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,856 |
| Savings and temporary cash investments | $9,932,864 |
| Pledges and grants receivable | $11,795,744 |
| Accounts receivable, net | $2,891,697 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,068,341 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,460,481 |
| Net Land, buildings, and equipment | $129,742,462 |
| Investments—publicly traded securities | $80,726,884 |
| Investments—other securities | $30,879,044 |
| Investments—program-related | $5,997,614 |
| Intangible assets | $0 |
| Other assets | $7,508,184 |
| Total assets | $285,011,171 |
| Accounts payable and accrued expenses | $5,715,984 |
| Grants payable | $0 |
| Deferred revenue | $3,960,727 |
| Tax-exempt bond liabilities | $67,753,053 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,834,216 |
| Total liabilities | $86,263,980 |
| Net assets without donor restrictions | $83,241,815 |
| Net assets with donor restrictions | $115,505,376 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $285,011,171 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Moravian University has recieved totaling $226,083.
| Awarding Organization | Amount |
|---|---|
United Way Of The Greater Lehigh Valley Allentown, PA PURPOSE: DONOR DESIGNATED FOR GENERAL SUPPORT; PROGRAM OPERATING COSTS | $150,421 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $30,387 |
William And Patricia Straccia Tr Las Vegas, NV PURPOSE: GENERAL OPERATING | $10,000 |
Trust Under Will Of John Mckee Dated December 8 1899 Malvern, PA PURPOSE: INDIVIDUAL STUDENT SCHOLARSHIP GRANT | $8,000 |
Tiaa Charitable Inc Charlotte, NC PURPOSE: Annual Suuport | $6,500 |
Hollander Memorial Foundation Inc Linwood, NJ PURPOSE: SCHOLARSHIP | $5,000 |
Endowment Analysis
| Beg. Balance | $115,010,908 |
| Earnings | -$379,148 |
| Admin Expense | $467,025 |
| Net Contributions | $2,539,501 |
| Other Expense | $3,354,664 |
| Grants | $1,966,152 |
| Ending Balance | $111,383,420 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fordham University Bronx, NY | $2,146,125,008 | $936,054,028 |
Rochester Institute Of Technology Rochester, NY | $2,165,976,339 | $849,584,640 |
St Johns University New York Jamaica, NY | $1,490,909,375 | $810,687,746 |
University Of Dayton Dayton, OH | $1,782,604,426 | $747,930,230 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Villanova University Villanova, PA | $1,878,489,443 | $644,725,997 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,235,224,804 | $592,927,157 |
Rockefeller University New York, NY | $3,879,645,094 | $455,447,251 |
Lehigh University Bethlehem, PA | $2,533,120,795 | $506,773,429 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Seton Hall University South Orange, NJ | $814,560,000 | $456,494,000 |