PHILADELPHIA UNIVERSITY

EIN: 231352294 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$173,300,706
Total Expenses
$182,408,458
Total Assets
$209,444,712
Net Assets
$78,732,799
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
PA
Principal Officer
SUSAN C ALDRIDGE PHD
Phone
2155038344
Tax Period
2023-07-01 to 2024-06-30

PHILADELPHIA UNIVERSITY, founded in 1949, is a major nonprofit in the Education sector that reported $173.3M in total revenue in fiscal year 2023.

Mission

TO IMPROVE LIVES AND PROVIDE STUDENTS WITH EXCEPTIONAL VALUE IN 21ST CENTURY PROFESSIONAL EDUCATION.

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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 $4,339,877
Program Service Revenue $167,523,618
Investment Income $1,295,378
Other Revenue $141,833
TOTAL REVENUE $173,300,706

Expense Breakdown

Grants Paid $76,278,262
Salaries & Benefits $59,225,961
Fundraising Expenses $353,272
Program Expenses $163,610,678
Other Expenses $46,904,235
TOTAL EXPENSES $182,408,458

Year-over-Year Comparison

2023 2022 Change
Revenue $173,300,706 $163,541,720 +0.1%
Expenses $182,408,458 $173,525,257 +0.1%
Net Income $-9,107,752 $-9,983,537 -0.1%
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
20
Independent Members
19
Employees
1249
Volunteers
19

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
7
$0
Total Directors
20
$0
Key Employees
1
$626,205
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT D BAKER PA-C DHSC FORMER OFFICER 55.0
$0 $63,042 $739,805
GEOFFREY CROMARTY EDD SVP, OPERATIONS EAST FALLS 55.0
Key Emp
$0 $73,102 $626,205
MICHAEL DRYER DEAN, COLLEGE OF HEALTH PROF 55.0
Highest
$407,943 $31,032 $438,975
RONALD G KANDER PHD EXECUTIVE DEAN 55.0
Highest
$298,415 $135,419 $433,834
WENDY JOY ROSS DIR, CENTER OF AUTISM & ND 55.0
Highest
$1,650 $26,985 $432,326
BARBARA KLINKHAMMER EXEC DEAN, COLLEGE OF ARCHIT 55.0
Highest
$374,409 $39,594 $414,003
SAQIB BAIG Co-Dir, COPD PrOG & PROFESSOR 55.0
Highest
$8,700 $65,249 $400,349
PATRICIA WELLENBACH CHAIR - TRUSTEE 5.0
Officer Director
$0 $0 $0
LESLIE J MCNAMARA VICE CHAIR - TRUSTEE 5.0
Officer Director
$0 $0 $0
MICHAEL E SNEED VICE CHAIR - TRUSTEE 5.0
Officer Director
$0 $0 $0
ROBERT S ADELSON ESQ TRUSTEE 5.0
Director
$0 $0 $0
JOSEPH G CACCHIONEMDFACC TRUSTEE - CEO TJU/JEFF HEALTH 60.0
Officer Director
$0 $0 $0
STEPHEN P CRANE TRUSTEE 5.0
Director
$0 $0 $0
MIMI DRAKE TRUSTEE 5.0
Director
$0 $0 $0
JOHN J FUNG MD PHD TRUSTEE 5.0
Director
$0 $0 $0
LEA D KNIGHT TRUSTEE 5.0
Director
$0 $0 $0
MATTHEW S LEVITTIES TRUSTEE 5.0
Director
$0 $0 $0
ANDREW MORRISROE TRUSTEE 5.0
Director
$0 $0 $0
DEBRA L NESS TRUSTEE 5.0
Director
$0 $0 $0
TIM O'ROURKE TRUSTEE 5.0
Director
$0 $0 $0
MELANIE M PENNA TRUSTEE 5.0
Director
$0 $0 $0
LAWRENCE S REICHLIN TRUSTEE 5.0
Director
$0 $0 $0
RICHARD T RILEY TRUSTEE 5.0
Director
$0 $0 $0
RAMONA ROGERS-WINDSOR TRUSTEE 5.0
Director
$0 $0 $0
RICHARD C SHEERR TRUSTEE 5.0
Director
$0 $0 $0
JOHN P SILVESTRI TRUSTEE 5.0
Director
$0 $0 $0
TRISTA M WALKER TRUSTEE 5.0
Director
$0 $0 $0
CRISTINA G CAVALIERI ESQ SECRETARY 60.0
Officer
$0 $0 $0
JOHN P MORDACH TREASURER 60.0
Officer
$0 $0 $0
SUSAN C ALDRIDGE PHD PRESIDENT - TJU 60.0
Officer
$0 $0 $0
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 $173,300,706 $182,408,458 $209,444,712 $-9,107,752
2023 $163,541,720 $173,525,257 $203,465,513 $-9,983,537
2022 $148,568,665 $161,973,517 $207,932,733 $-13,404,852
2021 $140,684,095 $150,966,780 $230,076,854 $-10,282,685
2020 $142,763,642 $151,135,364 $231,939,854 $-8,371,722
2019 $152,229,110 $141,566,564 $244,530,308 $10,662,546
2018 $143,136,789 $138,683,643 $232,436,745 $4,453,146
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