Logan University
- Assets
- $101.7m
- Revenue
- $38.5m
- Investments
- $0.0
- Employees
- 490
- Location
- Chesterfield, MO
- Founding
- 09/1976
- Data as of
- 08/2020
- EIN
- 43-0746185
Organization Overview
Logan University, operating under the name Logan College Of Chiropractic, is located in Chesterfield, MO. The organization was established in 1976. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 08/2021, Logan College Of Chiropractic employed 490 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan College Of Chiropractic 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 08/2020, Logan College Of Chiropractic generated $38.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $34.6m during the year ending 08/2020. While expenses have increased by 4.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A DIVERSE AND ENGAGING COMMUNITY COMMITTED TO EXCELLENCE IN HEALTH SCIENCES, EDUCATION, AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOGAN UNIVERSITY IS DEDICATED TO MAXIMIZING HUMAN PERFORMANCE THROUGH INNOVATIVE HEALTH EDUCATION AND CLINICAL IMMERSION OPPORTUNITIES. OUR FLAGSHIP DOCTOR OF CHIROPRACTIC DEGREE PROGRAM IS COMPLEMENTED BY THE COLLEGE OF HEALTH SCIENCES, WHICH OFFERS A DOCTORATE DEGREE IN HEALTH PROFESSIONS EDUCATION, ACCELERATED UNDERGRADUATE CURRICULUM AND MASTER'S DEGREE LEVEL CURRICULUM, INCLUDING MASTERS DEGREES IN SPORTS SCIENCE AND REHABILITATION, NUTRITION AND HUMAN PERFORMANCE, AND INFORMATICS. OUR STUDENTS COLLABORATE WITH OTHER HEALTH CARE PROFESSIONALS TO PROVIDE THE BEST PRACTICES FOR SUCCESSFUL PATIENT OUTCOMES.
LOGAN UNIVERSITY'S CLINICAL SYSTEM PROVIDES AN INTEGRATED CARE ENVIRONMENT IN WHICH STUDENT INTERNS LEARN THE ROLE OF PRIMARY CARE PHYSICIANS BY OFFERING CHIROPRACTIC CARE TO PATIENTS UNDER THE GUIDANCE OF SUPERVISING, LICENSED DOCTORS OF CHIROPRACTIC. LOGAN ALSO HAS A LONG HISTORY OF ASSISTING THE LESS FORTUNATE IN THE ST. LOUIS COMMUNITY. LOGAN OPERATES SEVERAL COMMUNITY HEALTH CENTERS, WHICH ARE STAFFED BY LOGAN CLINICIANS, WHO OVERSEE ALL PATIENT CARE AS WELL AS THE STUDENT INTERNS WHO ARE PARTICIPATING IN THIS UNIQUE EXPERIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clay Mcdonald Dc MBA JD President | Officer | 40 | $503,078 |
Adil Khan CPA Treasurer & CFO | Officer | 40 | $293,915 |
Kimberly O'reilly PHD Secretary & Provost | Officer | 40 | $271,517 |
Ralph Barrale Dc Vp, Alumni | Officer | 40 | $231,490 |
Brad Hough PHD Cio | Officer | 40 | $208,904 |
Natacha Douglas MBA Vp, Enrollment | Officer | 40 | $191,579 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tsi Global Companies Llc Contractor | 8/30/21 | $113,628 |
Hanover Research Council Research | 8/30/21 | $110,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $493,936 |
| Investment income | $1,046,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$573,389 |
| Net Gain/Loss on Asset Sales | $537,336 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,500,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $659,401 |
| Grants and other assistance to Foreign Orgs/Individuals | $54,850 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,445,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,458,326 |
| Pension plan accruals and contributions | $641,689 |
| Other employee benefits | $2,385,341 |
| Payroll taxes | $1,159,561 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $33,647 |
| Fees for services: Accounting | $81,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $95,765 |
| Fees for services: Other | $1,483,086 |
| Advertising and promotion | $2,040,569 |
| Office expenses | $424,550 |
| Information technology | $783,708 |
| Royalties | $0 |
| Occupancy | $1,039,858 |
| Travel | $766,294 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,465,650 |
| Insurance | $375,290 |
| All other expenses | $0 |
| Total functional expenses | $34,557,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $275 |
| Savings and temporary cash investments | $5,154,564 |
| Pledges and grants receivable | $1,130,777 |
| Accounts receivable, net | $314,628 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,415,960 |
| Inventories for sale or use | $22,744 |
| Prepaid expenses and deferred charges | $501,314 |
| Investments—publicly traded securities | $57,160,312 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $549,216 |
| Total assets | $101,664,851 |
| Accounts payable and accrued expenses | $1,597,910 |
| Grants payable | $0 |
| Deferred revenue | $582,872 |
| Tax-exempt bond liabilities | $0 |
| 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 | $6,108,974 |
| Total liabilities | $8,289,756 |
| 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 | $93,375,095 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Logan University has recieved totaling $152,526.
| Awarding Organization | Amount |
|---|---|
William M Harris Family Foundation Roswell, GA PURPOSE: EDUCATION | $125,000 |
Commerce Foundation Kansas City, MO PURPOSE: ADVANCING EDUCATION, TRANSFORMING LIVES CAPITAL CAMPAIGN | $20,000 |
Grimes Foundation Urbana, OH PURPOSE: SCHOLARSHIP | $3,000 |
Commerce Foundation Kansas City, MO PURPOSE: ADVANCING EDUCATION, TRANSFORMING LIVES CAPITAL CAMPAIGN | $2,500 |
Moneta Group Charitable Foundation Saint Louis, MO PURPOSE: CREATE A SAFER & HEALTHIER WORLD THROUGH EDUCATION, SERVICE, & HEALTH SCIENCE | $1,000 |
Commerce Foundation Kansas City, MO PURPOSE: USED AT THE DISCRETION OF THE BOARD OF DIRECTORS OR TRUSTEES AS THEY SEE FIT FOR OPERATING THEIR ORGANIZATION. | $1,000 |
Endowment Analysis
| Beg. Balance | $27,210,932 |
| Earnings | $7,278,059 |
| Net Contributions | $297,313 |
| Grants | $27,725 |
| Ending Balance | $34,758,579 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rosalind Franklin University Of Medicine & Science North Chicago, IL | $321,942,163 | $130,066,998 |
Moody Bible Institute Of Chicago Chicago, IL | $517,402,862 | $263,295,292 |
Kansas City University Kansas City, MO | $396,275,959 | $114,344,236 |
Concordia University Seward, NE | $159,765,719 | $82,672,244 |
Des Moines University Osteopathic Medical Center Des Moines, IA | $450,267,375 | $87,558,866 |
Palmer College Foundation Davenport, IA | $257,383,249 | $91,492,236 |
Accreditation Council For Graduate Medical Education Chicago, IL | $103,044,710 | $71,823,147 |
University Of Health Sciences And Pharmacy In St Louis Saint Louis, MO | $314,379,266 | $75,273,875 |
Asbury Theological Seminary Wilmore, KY | $333,796,449 | $52,800,131 |
Illinois College Of Optometry Chicago, IL | $110,244,360 | $41,438,897 |
Clarkson College Omaha, NE | $27,180,320 | $38,123,040 |
Logan University Chesterfield, MO | $101,664,851 | $38,500,877 |