University Of Findlay
- Assets
- $214.4m
- Revenue
- $134.7m
- Investments
- $11.7m
- Employees
- 2,372
- Location
- Findlay, OH
- Founding
- 10/1949
- Data as of
- 07/2020
- EIN
- 34-4431169
Organization Overview
University Of Findlay is located in Findlay, OH. The organization was established in 1949. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 07/2021, University Of Findlay employed 2,372 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Findlay is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2020, University Of Findlay generated $134.7m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $133.3m during the year ending 07/2020. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. 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
THE MISSION OF THE UNIVERSITY OF FINDLAY IS TO EQUIP OUR STUDENTS FOR MEANINGFUL LIVES AND PRODUCTIVE CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF FINDLAY IS A COMPREHENSIVE, PRIVATE UNIVERSITY THAT OFFERS BOTH UNDERGRADUATE AND GRADUATE STUDIES AND IS ACCREDITED BY THE HIGHER LEARNING COMMISSION. UNIVERSITY OF FINDLAY OFFERS MORE THAN 44 AREAS OF UNDERGRADUATE STUDY AND HAS A CURRENT UNDERGRADUATE ENROLLMENT OF NEARLY 2,210 STUDENTS. SOME OF THE MORE POPULAR UNDERGRADUATE PROGRAMS INCLUDE: BUSINESS (312 STUDENTS) , EDUCATION (160 STUDENTS), HEALTH PROFESSIONS (399 STUDENTS), PHARMACY (167 STUDENTS), LIBERAL ARTS (161 STUDENTS), NATURAL SCIENCE (911 STUDENTS) AND OTHER (105 STUDENTS). MANY OF THE UNIVERSITY'S PROGRAMS HAVE A NATIONAL REPUTATION INCLUDING PRE-VETERINARY MEDICINE AND EQUESTRIAN STUDIES.
UNIVERSITY OF FINDLAY OFFERS A VARIETY OF GRADUATE PROGRAMS INCLUDING: MASTERS OF BUSINESS (153 STUDENTS), EDUCATION (238 STUDENTS), HEALTH PROFESSIONS SUCH AS PHYSICAL THERAPY, OCCUPATIONAL THERAPY, ATHLETIC TRAINING, PHYSICIAN ASSISTANT, AND HEALTH INFORMATICS (448 STUDENTS), PHARMACY (101 STUDENTS), LIBERAL STUDIES (39 STUDENTS) AND SCIENCE (62 STUDENTS). TOTAL GRADUATE STUDENTS CURRENTLY ENROLLED ARE MORE THAN 1,040.
UNIVERSITY OF FINDLAY HAS MANY AUXILIARY DEPARTMENTS THAT PROVIDE SERVICES TO THEIR STUDENTS, THESE AUXILIARY DEPARTMENTS INCLUDE DORMITORIES FOR STUDENT LIVING, DINING HALLS, CAMPUS STORES FOR STUDENTS AND THE UNIVERSITY'S ON-CAMPUS VETERINARY CLINIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wiley Edu Llc Online Academic Course Program | 7/30/21 | $472,930 |
Clean Team Cleaning | 7/30/21 | $217,534 |
Workday Inc Software | 7/30/21 | $307,500 |
Collaborative Solutions Software | 7/30/21 | $2,956,285 |
Jenzabar Inc Software | 7/30/21 | $227,829 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,574,946 |
| Investment income | $1,130,188 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $76,204 |
| Net Gain/Loss on Asset Sales | $144,500 |
| Net Income from Fundraising Events | $1,878 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,687,937 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $52,343,545 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,465,086 |
| Compensation to disqualified persons | $87,545 |
| Other salaries and wages | $37,261,767 |
| Pension plan accruals and contributions | $1,116,867 |
| Other employee benefits | $6,740,014 |
| Payroll taxes | $2,762,783 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $155,426 |
| Fees for services: Accounting | $106,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $269,988 |
| Fees for services: Other | $5,016,574 |
| Advertising and promotion | $465,963 |
| Office expenses | $4,818,181 |
| Information technology | $1,640,620 |
| Royalties | $0 |
| Occupancy | $2,588,648 |
| Travel | $2,478,552 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $45,985 |
| Interest | $1,945,402 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,264,168 |
| Insurance | $976,683 |
| All other expenses | $0 |
| Total functional expenses | $133,328,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,601,683 |
| Savings and temporary cash investments | $10,938,286 |
| Pledges and grants receivable | $3,119,460 |
| Accounts receivable, net | $1,570,189 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,092,644 |
| Inventories for sale or use | $491,647 |
| Prepaid expenses and deferred charges | $1,397,603 |
| Investments—publicly traded securities | $34,379,259 |
| Investments—other securities | $11,693,633 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,898,597 |
| Total assets | $214,426,229 |
| Accounts payable and accrued expenses | $8,251,460 |
| Grants payable | $0 |
| Deferred revenue | $2,927,504 |
| Tax-exempt bond liabilities | $45,781,630 |
| Escrow or custodial account liability | $1,769,503 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,824,967 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,951,454 |
| Total liabilities | $64,506,518 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $149,919,711 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of Findlay has recieved totaling $8,349.
| Awarding Organization | Amount |
|---|---|
Hobart W And C Faulkner Foundation Phoenix, AZ PURPOSE: EDUCATION | $8,349 |
Endowment Analysis
| Beg. Balance | $44,054,085 |
| Earnings | $11,508,978 |
| Net Contributions | $1,404,023 |
| Other Expense | $267,575 |
| Grants | $1,161,265 |
| Ending Balance | $55,538,246 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Josephs University Philadelphia, PA | $901,366,941 | $347,052,680 |
Oberlin College Oberlin, OH | $1,432,118,020 | $305,531,376 |
Lafayette College Easton, PA | $1,381,563,896 | $228,460,340 |
Swarthmore College Swarthmore, PA | $3,573,029,000 | $364,464,007 |
Denison University Granville, OH | $1,502,847,785 | $275,909,448 |
Indiana Wesleyan University Marion, IN | $535,078,455 | $212,201,058 |
Gettysburg College Gettysburg, PA | $570,755,194 | $196,773,554 |
Franklin & Marshall College Lancaster, PA | $899,256,737 | $209,519,207 |
Dickinson College Carlisle, PA | $727,423,592 | $183,897,570 |
Depauw University Greencastle, IN | $1,044,669,443 | $170,125,801 |
Hillsdale College Hillsdale, MI | $1,230,310,896 | $287,422,849 |
Bryn Mawr College Bryn Mawr, PA | $1,564,567,339 | $239,161,459 |