Carroll University Inc

Organization Overview

Carroll University Inc is located in Waukesha, WI. The organization was established in 1942. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Carroll University Inc employed 2,783 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carroll University Inc 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 06/2021, Carroll University Inc generated $141.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $135.3m during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CARROLL UNIVERSITY PROVIDES A SUPERIOR EDUCATION, ROOTED IN ITS PRESBYTERIAN AND LIBERAL ARTS HERITAGE, AND DRAWS UPON ITS CHRISTIAN TRADITION TO PREPARE ALL STUDENTS FOR VOCATIONAL SUCCESS, LIFELONG LEARNING AND SERVICE IN A DIVERSE AND GLOBAL SOCIETY.

Describe the Organization's Program Activity:

INSTRUCTION & ACADEMIC SUPPORT - SERVICES PROVIDED TO SUPPORT STUDENTS IN THE CLASSROOM AND SUPPORT OF CLASSROOM.


AUXILIARY & STUDENT SERVICES - SERVICES PROVIDED TO STUDENTS NOT RELATED TO THE CLASSROOM SUCH AS DORMITORY CHARGES AND BOARD PLANS AND SERVICES TO STUDENTS THAT ARE RELATED TO ACTIVITIES OUTSIDE THE CLASSROOM SUCH AS ATHLETICS, FINANCIAL AID AND ADMISSION.


INSTITUTIONAL SUPPORT - SERVICES THAT SUPPORT THE ADMINISTRATIVE FUNCTIONS OF THE INSTITUTION INCLUDING DEPRECIATION, DEPLETION AND AMORTIZATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jenzabar Inc
Management Company
$601,581
Froedtert Healthworkforce Health
Health Services
$342,790
Campusworks Inc
Consulting Services
$513,847
Campus Management Corporation
Management Company
$1,067,584
Kleenmark Services Corp
Cleaning Services
$431,333
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$30,525
Related organizations$0
Government grants $7,890,944
All other contributions, gifts, grants, and similar amounts not included above$4,863,664
Noncash contributions included in lines 1a–1f $98,269
Total Revenue from Contributions, Gifts, Grants & Similar$12,785,133
Total Program Service Revenue$123,572,213
Investment income $3,501,203
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,521,291
Net Income from Fundraising Events $16,127
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $140,965,442

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Carroll University Inc has recieved totaling $28,600.

Awarding OrganizationAmount
$15,000
Audrey Jane Pavlik Charitable Tr

Wauwatosa, WI

PURPOSE: SUPPOT TO THE SCHOOLSUPPORT TO THE SCHOOLSUPPORT TO THE SCHOOL

$10,000
William And Harriet Gould Foundation

Salida, CO

PURPOSE: EDUCATIONAL RESOURCESSCHOLARSHIP ENDOWMENT

$3,000
Advent Angels In My Hair Inc

Monticello, MN

PURPOSE: EDUCATION

$500
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$73,553,801
Earnings$20,462,586
Net Contributions$3,450,259
Other Expense$2,743,589
Ending Balance$94,723,057

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$161,551,169
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$136,689,038

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