CAIRN UNIVERSITY

EIN: 230973290 501(c)(3) Education

LANGHORNE, PA

Total Revenue
$31,455,424
Total Expenses
$33,452,586
Total Assets
$51,365,571
Net Assets
$36,941,151
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
PA
Principal Officer
TODD J WILLIAMS
Phone
2157525800
Tax Period
2023-07-01 to 2024-06-30

CAIRN UNIVERSITY, founded in 1913, is a mid-sized nonprofit in the Education sector that reported $31.5M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

TO EDUCATE STUDENTS TO SERVE CHRIST IN THE CHURCH, SOCIETY, AND THE WORLD AS BIBLICALLY MINDED, WELL-EDUCATED, AND PROFESSIONALLY COMPETENT MEN AND WOMEN OF CHARACTER.

Program Service Accomplishments

Program 1
Expenses: $27,820,543 Revenue: $27,337,520

EDUCATION OF STUDENTS IN THE SIX DIFFERENT SCHOOLS/DEPARTMENTS OFFERED AT CAIRN UNIVERSITY. THE 6 SCHOOLS ARE: THE SCHOOL OF EDUCATION, THE SCHOOL OF BUSINESS, THE SCHOOL OF DIVINITY, THE SCHOOL OF...

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EDUCATION OF STUDENTS IN THE SIX DIFFERENT SCHOOLS/DEPARTMENTS OFFERED AT CAIRN UNIVERSITY. THE 6 SCHOOLS ARE: THE SCHOOL OF EDUCATION, THE SCHOOL OF BUSINESS, THE SCHOOL OF DIVINITY, THE SCHOOL OF MUSIC, THE SCHOOL OF LIBERAL ARTS & SCIENCES AND THE SCHOOL OF SOCIAL WORK.

Program 2
Expenses: $1,523,899

OPERATING STUDENT HOUSING FACILITIES INCLUDING MANOR RESIDENCE HALLS AND HERITAGE HALL, AS WELL AS THE FURMAN DINING COMMONS AND THE CAFE. TOGETHER THESE FACILITIES PROVIDE ROOM AND BOARD FOR THE...

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OPERATING STUDENT HOUSING FACILITIES INCLUDING MANOR RESIDENCE HALLS AND HERITAGE HALL, AS WELL AS THE FURMAN DINING COMMONS AND THE CAFE. TOGETHER THESE FACILITIES PROVIDE ROOM AND BOARD FOR THE STUDENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,443,036
Program Service Revenue $27,337,520
Investment Income $952,707
Other Revenue $722,161
TOTAL REVENUE $31,455,424

Expense Breakdown

Grants Paid $11,963,083
Salaries & Benefits $12,584,621
Fundraising Expenses $308,932
Program Expenses $29,344,442
Other Expenses $8,904,882
TOTAL EXPENSES $33,452,586

Year-over-Year Comparison

2023 2022 Change
Revenue $31,455,424 $33,531,394 -0.1%
Expenses $33,452,586 $33,907,853 0.0%
Net Income $-1,997,162 $-376,459 +4.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
15
Employees
630
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$214,165
Total Directors
16
$214,165
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DRTODD J WILLIAMS PRESIDENT 45.00
Officer Director
$197,061 $17,104 $214,165
BETTY JANE HESS CHAIR 2.00
Officer Director
$0 $0 $0
JOHN W SCHEFLEN VICE CHAIR 2.00
Officer Director
$0 $0 $0
ELIZABETH MASON GIVENS SECRETARY 2.00
Officer Director
$0 $0 $0
ED STILLMAN TRUSTEE 2.00
Director
$0 $0 $0
S ERIC BEATTIE TRUSTEE 2.00
Director
$0 $0 $0
LEE W HIMMELMANN TRUSTEE 2.00
Director
$0 $0 $0
ARNE L CHRISTENSON TRUSTEE 2.00
Director
$0 $0 $0
CLARENCE E LOCKETT TRUSTEE 2.00
Director
$0 $0 $0
DONALD HAWK TRUSTEE 2.00
Director
$0 $0 $0
DRPAMELA J OKADA TRUSTEE 2.00
Director
$0 $0 $0
MATTHEW HANCOCK TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM NEWMAN TRUSTEE 2.00
Director
$0 $0 $0
ROBERT DOLL TRUSTEE 2.00
Director
$0 $0 $0
ANNE FURMAN TRUSTEE 2.00
Director
$0 $0 $0
G PATRICK STILLMAN TRUSTEE 2.00
Director
$0 $0 $0
GREGORY SCHALLER CHAIR, SOCIAL SCIENCES DEP 40.00
Highest
$143,038 $20,024 $163,062
SCOTT CAWOOD SR. VP FOR STUDENT AFFAIRS 40.00
Highest
$124,348 $15,766 $140,114
YUNN KANG SENIOR VP , FINANCE 40.00
Highest
$116,677 $16,637 $133,314
GRAHAM THORPE VP STEWARDSHIP & DEVELOPMEN 40.00
Highest
$104,638 $16,512 $121,150
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $31,455,424 $33,452,586 $51,365,571 $-1,997,162
2023 $33,531,394 $33,907,853 $52,830,929 $-376,459
2022 $37,265,349 $34,968,538 $53,003,415 $2,296,811
2021 $36,996,664 $32,433,983 $53,369,669 $4,562,681
2020 $33,065,518 $34,407,877 $46,828,871 $-1,342,359
2019 $30,587,348 $32,928,154 $46,073,069 $-2,340,806
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