Avila University
- Assets
- $58.4m
- Revenue
- $39.3m
- Investments
- $0.0
- Employees
- 712
- Location
- Kansas City, MO
- Founding
- 09/2019
- Data as of
- 06/2021
- EIN
- 44-0617326
Organization Overview
Avila University is located in Kansas City, MO. The organization was established in 2019. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2023, Avila University employed 712 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Avila 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, Avila University generated $39.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $33.7m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AVILA UNIVERSITY IS A VALUES-BASED COMMUNITY OF LEARNING PROVIDING EDUCATION TO PREPARE STUDENTS FOR RESPONSIBLE LIFELONG CONTRIBUTIONS TO THE GLOBAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Ronald Slepitza President Ending 07/22 | Officer | 40 | $310,160 |
Mr James Burkee President Beginning 03/22 | Officer | 40 | $258,080 |
Mr Tim Klocko VP Fin & Admin Ending 03/2023 | Officer | 40 | $164,837 |
Ms Alexandra Adams Executive VP | 40 | $146,614 | |
Mr Joseph Snorgrass Faculty | 40 | $149,713 | |
Ms Maggie Mohrfeld VP Advancement | 40 | $140,135 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Great Western Dining Service Inc Food Service | 6/29/23 | $973,163 |
National Management Resources Corp Maintenance Service | 6/29/23 | $250,071 |
Penn Tech Inc Hvac Service | 6/29/23 | $251,167 |
Eab Global Inc Advertising Service | 6/29/23 | $573,351 |
Akademos Inc Book Service | 6/29/23 | $585,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,819,254 |
| Investment income | $3,967,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $25,415 |
| Net Gain/Loss on Asset Sales | $675,267 |
| Net Income from Fundraising Events | -$27,047 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $90,788 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,334,060 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $6,769,520 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $440,183 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,059,308 |
| Pension plan accruals and contributions | $82,461 |
| Other employee benefits | $2,076,983 |
| Payroll taxes | $799,404 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,944 |
| Fees for services: Accounting | $94,524 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $85,541 |
| Fees for services: Other | $2,559,517 |
| Advertising and promotion | $909,041 |
| Office expenses | $953,093 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $822,123 |
| Travel | $289,515 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,758 |
| Interest | $822,606 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,248,615 |
| Insurance | $401,633 |
| All other expenses | $0 |
| Total functional expenses | $33,669,186 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,917,650 |
| Savings and temporary cash investments | $329,202 |
| Pledges and grants receivable | $733,417 |
| Accounts receivable, net | $1,661,897 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $62,674 |
| Prepaid expenses and deferred charges | $313,824 |
| Investments—publicly traded securities | $18,479,168 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $58,447,950 |
| Accounts payable and accrued expenses | $1,751,402 |
| Grants payable | $0 |
| Deferred revenue | $769,341 |
| Tax-exempt bond liabilities | $13,191,389 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,082,541 |
| Unsecured mortgages and notes payable | $1,060,373 |
| Other liabilities | $273,596 |
| Total liabilities | $24,128,642 |
| 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 | $34,319,308 |