UNIVERSITY OF THE SCIENCES IN PHILADELPHIA

EIN: 231352668 501(c)(3)

PHILADELPHIA, PA

Total Revenue
$103,021,766
Total Expenses
$123,293,913
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1821
Legal Domicile
PA
Principal Officer
DAVID R BEAUPRE
Phone
2155968862
Tax Period
2021-07-01 to 2022-05-31

UNIVERSITY OF THE SCIENCES IN PHILADELPHIA, founded in 1821, is a major nonprofit that reported $103.0M in total revenue in fiscal year 2021. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $123.3M exceeded revenue, resulting in a 20% operating deficit.

Mission

UNIVERSITY OF THE SCIENCES PREPARES STUDENTS TO BECOME LEADERS, INNOVATORS, AND SKILLED PRACTITIONERS IN THE SCIENCES, THE HEALTH PROFESSIONS, AND RELATED DISCIPLINES. WE DELIVER EXCELLENCE IN TEACHING, RESEARCH, AND SERVICE THROUGH A SAFE AND SUPPORTIVE ENVIRONMENT IN WHICH OUR STUDENTS LIVE, LEARN, AND SUCCEED.

Program Service Accomplishments

Program 1
Expenses: $55,528,125 Revenue: $79,375,335

UNIVERSITY OF THE SCIENCES: SEE SCHEDULE OTHE MISSION OF UNIVERSITY OF THE SCIENCES (USCIENCES) IS TO EDUCATE STUDENTS TO BECOME LEADERS AND INNOVATORS IN THE SCIENCES, THE HEALTH PROFESSIONS, AND...

Read more

UNIVERSITY OF THE SCIENCES: SEE SCHEDULE OTHE MISSION OF UNIVERSITY OF THE SCIENCES (USCIENCES) IS TO EDUCATE STUDENTS TO BECOME LEADERS AND INNOVATORS IN THE SCIENCES, THE HEALTH PROFESSIONS, AND EMERGING RELATED DISCIPLINES BY PROVIDING EXCELLENCE IN TEACHING, RESEARCH, AND SERVICE. THE UNIVERSITY PREPARES STUDENTS TO ENTER THE MARKETPLACE STRAIGHT FROM GRADUATION OR SEEK HIGHER DEGREES. FULLY ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, USCIENCES WAS FOUNDED IN 1821 AS PHILADELPHIA COLLEGE OF PHARMACY, THE FIRST COLLEGE OF PHARMACY IN NORTH AMERICA. THE INSTITUTION CHANGED ITS NAME IN 1998 TO REFLECT THE BROADER RANGE OF ACADEMIC OPPORTUNITIES THE UNIVERSITY CURRENTLY OFFERS. USCIENCES BUILDS THE FOUNDATION FOR PROFESSIONAL SUCCESS BY PROVIDING STUDENTS WITH A CONCENTRATED CURRICULUM, HANDS-ON EDUCATION, AND REAL-WORLD EXPERIENCES. THE RESULTS ARE REWARDING, WELL-PAYING CAREERS AND DISCOVERIES ACROSS THE PHARMACEUTICAL, MEDICAL, HEALTHCARE, AND BIOTECH SPECTRUMS WORLDWIDE WHERE USCIENCES ALUMNI, FACULTY, AND STUDENTS ARE PROVEN EVERYWHERE THEY GO.TODAY, APPROXIMATELY 2,423 (1,387 UNDERGRADUATE STUDENTS, 1036 GRADUATE STUDENTS) STUDENTS ARE ENROLLED IN TOP MAJORS SUCH AS (WITH THE HIGHEST ENROLLMENT) PHARMACY, PHYSICAL THERAPY, BIOLOGY, AND OCCUPATIONAL THERAPY. THE UNIVERSITY STUDENT BODY IS >46% NON-WHITE AND 67% FEMALE. STUDENTS ENJOY A STUDENT/FACULTY RATIO OF 7:1 AND ACCESS TO MORE THAN 100 LABORATORIES AND COMPUTER LABS AND OVER 60 CLUBS AND CAMPUS ORGANIZATIONS. THROUGHOUT ITS HISTORY, THE UNIVERSITY HAS BEEN, AND CONTINUES TO BE, AN INCUBATOR FOR A THRIVING ALUMNI NETWORK WHO SHARE A PASSION FOR EXPLORATION AND DISCOVERY IN PHARMACY, SCIENCE, AND HEALTHCARE AS WELL AS FOR GOVERNMENTAL, BUSINESS, AND ADMINISTRATIVE PROFESSIONS. THE RESULTS OF A USCIENCES EDUCATION ARE REWARDING, WELL-PAYING CAREERS AND DISCOVERIES ACROSS THE PHARMACEUTICAL, MEDICAL, HEALTHCARE, AND BIOTECH SPECTRUMS WORLDWIDE: USCIENCES IS #1 IN PA, NJ, DE AND TOP 10 IN U.S. FOR RETURN ON INVESTMENT 40 YEARS AFTER ENROLLMENT AMONG PRIVATE FOUR-YEAR INSTITUTIONS, ACCORDING TO A REPORT ENTITLED "A FIRST TRY AT ROI: RANKING 4,500 COLLEGES" PUBLISHED BY GEORGETOWN UNIVERSITY IN 2019. USCIENCES PREPARES STUDENTS FOR IN-DEMAND HEALTH PROFESSIONS THAT RANK AMONG THE BEST JOBS IN THE U.S. INCLUDING DENTIST, PHYSICIAN, PHYSICAL THERAPIST, PHYSICIAN ASSISTANT, VETERINARIAN, AND OCCUPATIONAL THERAPIST (U.S. NEWS AND WORLD REPORT 2021) THE UNIVERSITY CAMPUS IS LOCATED ON A 24-ACRE SITE COMPRISED OF 23 BUILDINGS IN THE UNIVERSITY CITY SECTION OF PHILADELPHIA. AMONG USCIENCES NEWEST BUILDINGS IS THE LIVING & LEARNING COMMONS, A MIXED-USE RESIDENCE HALL WHICH SETS THE STANDARD FOR DYNAMIC LIVING AND LEARNING COMMUNITIES FOR SCIENCE AND HEALTH PROFESSIONAL STUDENTS. THE 436-BED RESIDENCE HALL OFFERS PRIVATE BATHROOMS, AND INCLUDES CLASSROOM, RETAIL, OFFICE AND STUDENT STUDY SPACE. THE INTEGRATED PROFESSIONAL EDUCATION COMPLEX A 57,000-SQUARE-FOOT, A THREE-STORY BUILDING WHICH OPENED IN 2014, SHOWCASES AN INTERPROFESSIONAL EDUCATION MODEL THAT PERMITS STUDENTS FROM SEVERAL DISCIPLINES, INCLUDING PHARMACY, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, EXERCISE SCIENCE, PSYCHOLOGY, AND HEALTHCARE BUSINESS AND POLICY, TO OBTAIN TRADITIONAL AND HANDS-ON EXPERIENCE. NEWLY ADDED USCIENCES ONLINE OFFERS HIGH-QUALITY MASTER'S AND BACHELOR'S DEGREES AND CERTIFICATES THAT ARE IN-DEMAND AND ON A FLEXIBLE SCHEDULE ONLINE.

Program 2
Expenses: $6,690,453

ACADEMIC SUPPORT: SEE SCHEDULE OACADEMIC SUPPORT - USCIENCES PROVIDES COMPREHENSIVE STUDENT-CENTERED LEARNING ASSISTANCE PROGRAMS, SERVICES, AND RESOURCES FOR ALL STUDENTS TO SUCCEED. USCIENCES...

Read more

ACADEMIC SUPPORT: SEE SCHEDULE OACADEMIC SUPPORT - USCIENCES PROVIDES COMPREHENSIVE STUDENT-CENTERED LEARNING ASSISTANCE PROGRAMS, SERVICES, AND RESOURCES FOR ALL STUDENTS TO SUCCEED. USCIENCES UNDERGRADUATE STUDENTS HAVE ACCESS TO RESEARCH AS EARLY AS THEIR FIRST YEAR, STATE-OF-THE-ART EQUIPMENT IN OVER 100 LABS, AND QUALITY INTERNSHIP OPPORTUNITIES IN A CLOSE-KNIT LEARNING ENVIRONMENT. STUDENTS RECEIVE ONE-ON-ONE TUTORING ASSISTANCE FOR NUMEROUS LOWER-LEVEL AND UPPER-LEVEL COURSES. ADDITIONALLY, STUDENT SUCCESS WORKSHOPS ARE DESIGNED TO HELP STUDENTS DEVELOP EFFECTIVE STUDY SKILLS AND UTILIZE EFFECTIVE STRATEGIES. THE J.W. ENGLAND LIBRARY PROVIDES ACCESS TO SCHOLARLY MATERIALS AND INSTRUCTION IN THEIR USE. THE WRITING CENTER PROVIDES ONE-ON-ONE TUTORING FOR ANYONE IN THE UNIVERSITY COMMUNITY WORKING ON ANY KIND OF WRITING IN ANY STAGE OF DEVELOPMENT. THE HONORS PROGRAM AT USCIENCES OFFERS EXCEPTIONAL STUDENTS THE OPPORTUNITY FOR SPECIALIZED, INTENSIVE LEARNING EXPERIENCES BOTH INSIDE AND OUTSIDE THE CLASSROOM.

Program 3
Expenses: $20,356,295

STUDENT SERVICES: SEE SCHEDULE OSTUDENT SERVICES -USCIENCES SEEKS TO ENRICH THE STUDENT'S EXPERIENCES ACADEMICALLY, CULTURALLY, AND SOCIALLY. THE STUDENT SERVICES UNITS ARE DESIGNED TO SUPPORT...

Read more

STUDENT SERVICES: SEE SCHEDULE OSTUDENT SERVICES -USCIENCES SEEKS TO ENRICH THE STUDENT'S EXPERIENCES ACADEMICALLY, CULTURALLY, AND SOCIALLY. THE STUDENT SERVICES UNITS ARE DESIGNED TO SUPPORT STUDENT SUCCESS IN THE AREAS OF CAMPUS ENGAGEMENT AND HOLISTIC WELLNESS THROUGH PROVIDING DEVELOPMENTAL OPPORTUNITIES. FROM ENROLLMENT TO GRADUATION, WE SUPPORT THE STUDENT THROUGH QUALITY STUDENT-CENTERED PROGRAMMING AND SERVICES THAT SUPPORT THE EMOTIONAL, INTELLECTUAL, PERSONAL, AND ETHICAL GROWTH OF THE INDIVIDUAL STUDENT BY PROMOTING SUCCESS. THIS SUPPORT STARTS WITH PROGRAMS AT ORIENTATION AND CONTINUES WITH PROGRAMS IN INTERCOLLEGIATE ATHLETICS, GREEK LIFE, STUDENT GOVERNMENT, RESIDENCE LIFE, INTERNATIONAL STUDENT SERVICES, HEALTH AND COUNSELING, AND CAREER SERVICES. THE UNIVERSITY OFFERS MANY INTERCOLLEGIATE SPORTS COMPETING AT THE NCAA DIVISION II LEVEL. OUR STUDENT HEALTH AND COUNSELING CENTER OFFERS A FULL RANGE OF CLINICAL SERVICES ACCESSIBLE TO ALL OF OUR STUDENTS. CAREER SERVICES FACILITATES THE PROCESS OF CAREER PLANNING AND HOSTS OPPORTUNITIES FOR STUDENTS TO EXPLORE CAREER OPPORTUNITIES (I.E. CAREER FAIR, NETWORKING EVENTS). STUDENT LIFE ENGAGES STUDENT LEADERS THROUGH A PROGRAM DESIGNED TO HELP STUDENTS DEVELOP LEADERSHIP SKILLS WHILE AT THE UNIVERSITY AND BEYOND. ACADEMIC ADVISING SUPPORTS STUDENT SUCCESS THROUGH AN INTENTIONAL ADVISING MODEL THAT FOCUSES ON DEVELOPING STUDENT HOLISTICALLY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $10,143,477
Program Service Revenue $79,375,335
Investment Income $11,163,558
Other Revenue $2,339,396
TOTAL REVENUE $103,021,766

Expense Breakdown

Grants Paid $17,724,154
Salaries & Benefits $50,799,080
Fundraising Expenses $904,963
Program Expenses $97,726,355
Other Expenses $54,770,679
TOTAL EXPENSES $123,293,913

Year-over-Year Comparison

2021 2020 Change
Revenue $103,021,766 $94,165,639 +0.1%
Expenses $123,293,913 $116,578,577 +0.1%
Net Income $-20,272,147 $-22,412,938 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
2117
Volunteers
87

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
8
$2,691,448
Total Directors
14
$0
Key Employees
4
$912,182
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED MERCADANTE BOARD MEMBER 1.00
Director
$0 $0 $0
CEDRIC H JONES BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN L KEYACK BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL J SOFIA BOARD MEMBER 1.00
Director
$0 $0 $0
SAM WETHERILL BOARD MEMBER 1.00
Director
$0 $0 $0
ROSE MARY B HOY BOARD MEMBER 3.00
Director
$0 $0 $0
JAY BORNEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL C HEMSLEY BOARD MEMBER 3.00
Director
$0 $0 $0
CARLA HENDRICKS BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD HOWARD BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES J RIVARD BOARD MEMBER 1.00
Director
$0 $0 $0
EJ JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
LOUIS J LUPO BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH F RITCHIE BOARD MEMBER 1.00
Director
$0 $0 $0
VALERIE WEIL PRESIDENT 40.00
Officer
$430,243 $44,500 $474,743
PAUL KATZ PRESIDENT (THRU 7/21) 40.00
Officer
$369,736 $38,287 $408,023
JILL BAREN PROVOST & VP OF ACADEMIC AFFAIRS 40.00
Officer
$343,047 $27,603 $370,650
RONALD KISHEN VP, UNSCIENCES ONLINE 40.00
Officer
$281,955 $43,772 $325,727
ODESSA JACKSON GEN. COUNSEL, SEC, CCO (THRU 3/22) 40.00
Officer
$281,661 $32,435 $314,096
PATRICIA VANSTON VP BUS DEV.& ENROLL. MGMT 40.00
Officer
$265,517 $23,467 $288,984
BRIGID ISACKMAN INTERIM CHIEF, FINANCIAL & OPERATING OFFICER 40.00
Officer
$200,928 $34,278 $235,206
ROBERT RUDD VP INST. ADVANCEMENT (THRU 5/22) 40.00
Officer
$237,727 $36,292 $274,019
EDWARD FOOTE DEAN OF PHARMACY 40.00
Key Emp
$258,127 $40,484 $298,611
SINCLAIR SMITH DEAN, SAMSON COLLEGE OF HEALTH SCI. 40.00
Key Emp
$197,356 $22,506 $219,862
MARK NESTOR ASSOCIATE VP, CIO 40.00
Key Emp
$169,466 $30,888 $200,354
NATHAN BAIRD INTERIM DEAN, MCAS 40.00
Key Emp
$162,848 $30,507 $193,355
CATHY POON CHAIR OF PHARM PRACTICE 40.00
Highest
$212,663 $24,940 $237,603
ANDREW PETERSON EXECUTIVE DIRECTOR SUDI 40.00
Highest
$206,667 $36,233 $242,900
PARDEEP GUPTA PROFESSOR 40.00
Highest
$180,269 $32,006 $212,275
ADEBOYE ADEJARE PROFESSOR OF PHARMACEUTICAL SCIENCES 40.00
Highest
$168,782 $21,128 $189,910
LAURA WAITE ASSO. PROF. OF CLINICAL PHARMACY 40.00
Highest
$163,994 $23,700 $187,694
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
2022 $103,021,766 $123,293,913 No data $-20,272,147
2021 $94,165,639 $116,578,577 $406,870,373 $-22,412,938
2020 $107,500,197 $118,884,371 $394,161,147 $-11,384,174
2019 $109,936,065 $119,893,023 $418,938,897 $-9,956,958
2018 $122,745,256 $121,740,591 $432,505,778 $1,004,665
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare UNIVERSITY OF THE SCIENCES IN PHILADELPHIA with other nonprofits in Pennsylvania and across the country.