Shorter University Inc

Organization Overview

Shorter University Inc is located in Rome, GA. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 05/2022, Shorter University Inc employed 514 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shorter 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 05/2022, Shorter University Inc generated $39.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $38.9m during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SHORTER UNIVERSITY IS A PRIVATE CHRISTIAN NON-PROFIT COMPREHENSIVE LIBERAL ARTS INSTITUTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTIONAL - FUNDS EXPENDED FOR INSTRUCTIONAL ACTIVITIES IN ASSOCIATE, BACHELOR, AND MASTER DEGREE PROGRAMS. ENROLLMENT IN 2021-2022 INCLUDED 1,807 STUDENTS.SCHOLARSHIP AND FINANCIAL AID - COMPREHENSIVE FINANCIAL ASSISTANCE PROGRAM INCLUDES SCHOLARSHIPS, GRANTS, LOANS AND PART-TIME CAMPUS EMPLOYMENT. EVERY STUDENT ENROLLED FULL-TIME AT SHORTER UNIVERSITY RECEIVES SOME FORM OF FINANCIAL ASSISTANCE.


STUDENT SUPPORT - FUNDS EXPENDED FOR ACTIVITIES CONTRIBUTING TO STUDENTS' WELL BEING AND INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE OF FORMAL INSTRUCTION.


ACADEMIC SUPPORT - EXPENDITURES INTEGRAL TO THE OPERATION AND SUPPORT OF THE ACADEMIC SERVICES OF THE UNIVERSITY.AUXILIARY ENTERPRISES - EXPENDITURES TO PROVIDE SERVICES TO STUDENT, FACULTY, AND STAFF INCLUDING HOUSING, CAFETERIA, AND BOOKSTORE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Shaw Contract Flooring Services Inc
Turf Field Maintenance
$458,955
Clark Communications
Marketing Service
$281,464
Advanced Facilities Services Inc
Ground And Building Maintenance
$348,475
Sysco Atlanta Llc
Food Service
$445,158
Jenzabar
Database Service
$248,490
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$117,373
Related organizations$2,338,769
Government grants $3,498,218
All other contributions, gifts, grants, and similar amounts not included above$1,353,410
Noncash contributions included in lines 1a–1f $26,102
Total Revenue from Contributions, Gifts, Grants & Similar$7,307,770
Total Program Service Revenue$32,367,594
Investment income $224,355
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,800
Net Gain/Loss on Asset Sales -$39,822
Net Income from Fundraising Events -$56,175
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $39,807,545

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Shorter University Inc has recieved totaling $524,526.

Awarding OrganizationAmount
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For general scholarship support.

$267,000
The Benjamin F Brady Charitable Foundation

Cumming, GA

PURPOSE: TO FUND DORMITORY RENOVATIONS

$100,000
Georgia Independent College Association Inc

Atlanta, GA

PURPOSE: TO PROVIDE SUPPORT FOR PRIVATE COLLEGES AND UNIVERSITIES IN GEORGIA

$56,151
Fisher-Crum Foundation Inc

Albany, GA

PURPOSE: CHARITABLE, EDUCATIONAL OR RELIGIOUS

$41,375
Tiscornia Foundation Incorporated

St Joseph, MI

PURPOSE: EDUCATION

$15,000
Paul C And Velma Smith Maddox Foundation Inc

Orlando, FL

PURPOSE: GENERAL OPERATING

$13,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$10,457,066
Earnings$195,803
Net Contributions$105,420
Grants$667,600
Ending Balance$10,090,689

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