William Penn University

Organization Overview

William Penn University is located in Oskaloosa, IA. The organization was established in 1939. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, William Penn University employed 770 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Penn University 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, William Penn University generated $45.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $41.4m during the year ending 06/2021. While expenses have increased by 0.8% 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

WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY.

Describe the Organization's Program Activity:

INSTRUCTION AND ACADEMIC SUPPORT PROVIDED TO 1,505 FULL AND PART-TIME STUDENTS. ALSO PROVIDED SCHOLARSHIPS AND GRANTS TO STUDENTS.


QUALITY FOOD SERVICES PROVIDED AT REASONABLE COST TO STUDENTS, FACULTY AND STAFF. SUPPORT AND MAINTENANCE OF STUDENT DORMITORIES ON CAMPUS, INCLUDING STAFFING RESIDENT ADVISORS AND VENDING SERVICES FOR STUDENTS.


STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNSELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,505 FULL AND PART TIME STUDENTS. COST OF SALES, SUPPORT AND MAINTENANCE OF CAMPUS BOOKSTORE FOR STUDENTS, FACULTY AND STAFF.


INSTRUCTION AND ACADEMIC SUPPORT PROVIDED TO 1,505 FULL AND PART-TIME STUDENTS. ALSO PROVIDED SCHOLARSHIPS AND GRANTS TO STUDENTS.


QUALITY FOOD SERVICES PROVIDED AT REASONABLE COST TO STUDENTS, FACULTY AND STAFF. SUPPORT AND MAINTENANCE OF STUDENT DORMITORIES ON CAMPUS, INCLUDING STAFFING RESIDENT ADVISORS AND VENDING SERVICES FOR STUDENTS.


STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNSELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,505 FULL AND PART TIME STUDENTS. COST OF SALES, SUPPORT AND MAINTENANCE OF CAMPUS BOOKSTORE FOR STUDENTS, FACULTY AND STAFF.


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Board, Officers & Key Employees

Name (title)Compensation
John Ottosson
President
$200,609
Bonnie L Johnson
CFO
$123,045
Noel Stahle
VP Of Academ
$103,007
Todd Hafner
Football Co
$101,259
Jared Pearce
Faculty
$100,155
Joe P Crookham
Vice Chairma
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sodexo Services
Food Service
$2,275,598
Sodexo Facilities Inc
Facilities
$1,591,989
Excel Mech Co
Mechanical
$689,835
Mahaska Communications Group
Media Services
$192,922
Neumann Construction Inc
Construction
$1,382,196
Sodexo Facilities Inc
Facilities
$1,591,989
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,007,303
All other contributions, gifts, grants, and similar amounts not included above$8,487,487
Noncash contributions included in lines 1a–1f $1,751
Total Revenue from Contributions, Gifts, Grants & Similar$9,494,790
Total Program Service Revenue$35,327,841
Investment income $180,906
Tax Exempt Bond Proceeds $0
Royalties $14,744
Net Rental Income -$99,340
Net Gain/Loss on Asset Sales $333,501
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $45,471,214

Grants Recieved

Over the last fiscal year, we have identified 1 grants that William Penn University has recieved totaling $1,000.

Awarding OrganizationAmount
Brouwer Family Foundation

Oskaloosa, IA

PURPOSE: COLLEGE PARENT'S WEEKEND

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,693,989
Earnings$623,233
Net Contributions$125,925
Other Expense$225,065
Ending Balance$7,218,082

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$111,513,726
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$108,114,364
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$99,425,882
Columbia College
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$84,570,180
University Of Dubuque
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$110,402,473

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