University of Dayton

EIN: 310536715 501(c)(3) Education

Dayton, OH

Total Revenue
$958,129,377
Total Expenses
$906,753,193
Total Assets
$2,154,896,182
Net Assets
$1,640,425,540
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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
1850
Legal Domicile
OH
Phone
9372292890
Tax Period
2023-07-01 to 2024-06-30

University of Dayton, founded in 1850, is a major nonprofit in the Education sector that reported $958.1M in total revenue in fiscal year 2023. Expenses of $906.8M left a modest 5% surplus.

Mission

THE UNIVERSITY OF DAYTON IS A TOP-TIER CATHOLIC RESEARCH UNIVERSITY WITH ACADEMIC OFFERINGS FROM THE UNDERGRADUATE TO THE DOCTORAL LEVELS. WE ARE A DIVERSE COMMUNITY COMMITTED, IN THE MARIANIST TRADITION, TO EDUCATING THE WHOLE PERSON AND TO LINKING LEARNING AND SCHOLARSHIP WITH LEADERSHIP AND SERVICE.

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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 $48,595,106
Program Service Revenue $813,273,237
Investment Income $90,370,014
Other Revenue $5,891,020
TOTAL REVENUE $958,129,377

Expense Breakdown

Grants Paid $270,249,912
Salaries & Benefits $349,710,559
Fundraising Expenses $10,090,357
Program Expenses $810,840,542
Other Expenses $286,579,674
TOTAL EXPENSES $906,753,193

Year-over-Year Comparison

2023 2022 Change
Revenue $958,129,377 $887,642,083 +0.1%
Expenses $906,753,193 $879,160,283 +0.0%
Net Income $51,376,184 $8,481,800 +5.1%
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
36
Independent Members
34
Employees
8792
Volunteers
315

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
15
$6,065,657
Total Directors
36
$1,305,332
Key Employees
7
$2,378,400
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC F SPINA PHD PRESIDENT OF THE UNIVERSITY/SECRETARY OF THE BOARD 40.0
Officer Director
$994,523 $310,809 $1,305,332
REV JAMES F FITZ SM VP FOR MISSION AND RECTOR 40.0
Officer Director
$0 $0 $0
BRENTON AHRENS DIRECTOR 5.0
Director
$0 $0 $0
BRO BERNARD J PLOEGER SM DIRECTOR 5.0
Director
$0 $0 $0
BRO EDWARD VIOLETT SM DIRECTOR 5.0
Director
$0 $0 $0
BRO FRANCISCO T GONZALEZ SM DIRECTOR 5.0
Director
$0 $0 $0
BRO JESSE ONEILL SM DIRECTOR 5.0
Director
$0 $0 $0
BRO TIMOTHY DRISCOLL SM DIRECTOR 5.0
Director
$0 $0 $0
BRO WILLIAM J CAMPBELL SM DIRECTOR 5.0
Director
$0 $0 $0
CARY J STIER DIRECTOR 5.0
Director
$0 $0 $0
CATHERINE BABINGTON DIRECTOR 5.0
Director
$0 $0 $0
D DARLENE MARLOWE DIRECTOR 5.0
Director
$0 $0 $0
DEBORAH TOBIAS DIRECTOR 5.0
Director
$0 $0 $0
DEBRA PLOUSHA MOORE DIRECTOR 5.0
Director
$0 $0 $0
DENISE E PALMER DIRECTOR 5.0
Director
$0 $0 $0
GEORGE P HANLEY DIRECTOR 5.0
Director
$0 $0 $0
JENELL R ROSS DIRECTOR 5.0
Director
$0 $0 $0
JENNIFER WEED DIRECTOR 5.0
Director
$0 $0 $0
JOHN M FOY DIRECTOR 5.0
Director
$0 $0 $0
JOHN R BERAN DIRECTOR 5.0
Director
$0 $0 $0
JOSEPH L WEIDENBACH DIRECTOR 5.0
Director
$0 $0 $0
KHRISTIAN SANTIAGO DIRECTOR 5.0
Director
$0 $0 $0
LAWRENCE W WOERNER DIRECTOR 5.0
Director
$0 $0 $0
LYRIC FIELDS DIRECTOR 5.0
Director
$0 $0 $0
MARGARET A CAVANAUGH PHD DIRECTOR 5.0
Director
$0 $0 $0
MICHAEL R HERR DIRECTOR 5.0
Director
$0 $0 $0
MICHELLE MATHILE DIRECTOR 5.0
Director
$0 $0 $0
NANCEE BERGER DIRECTOR 5.0
Director
$0 $0 $0
RAYFORD BLAKENEY DIRECTOR 5.0
Director
$0 $0 $0
REV OSCAR VASQUEZ SM VICE CHAIRPERSON OF THE BOARD 5.0
Director
$0 $0 $0
RICHARD J OMLOR CHAIRPERSON OF THE BOARD 5.0
Director
$0 $0 $0
SUSAN G GRIFFITH DIRECTOR 5.0
Director
$0 $0 $0
TERRI L FREEMAN DIRECTOR 5.0
Director
$0 $0 $0
THOMAS BARKER DIRECTOR 5.0
Director
$0 $0 $0
THOMAS W ALBRECHT DIRECTOR 5.0
Director
$0 $0 $0
WILLIAM L KLESSE JR DIRECTOR 5.0
Director
$0 $0 $0
ANDREW T HORNER EXE VP BUSINESS AND ADMINISTRATIVE SERVICES 40.0
Officer
$504,238 $104,457 $608,695
CHRISTOPHER J MORRISON VICE PRESIDENT ADVANCEMENT 40.0
Officer
$382,025 $80,430 $462,455
DARLENE F WEAVER PHD PROVOST & EXE VP OF ACADEMIC AFFAIRS 40.0
Officer
$225,694 $20,879 $246,573
GURVINDER S REKHI VP & CIO N/A
Officer
$166,120 $7,397 $173,517
JASON K REINOEHL PHD VP STRATEGIC ENROLLMENT MGT 40.0
Officer
$320,623 $53,560 $374,183
MARY ANN P RECKER JD VICE PRESIDENT AND GENERAL COUNSEL 40.0
Officer
$339,335 $37,472 $376,807
MOLLY C WILSON VP MARKETING AND COMMUNICATIONS 40.0
Officer
$311,763 $71,283 $383,046
NEIL G SULLIVAN VP AND DIRECTOR OF ATHLETICS 40.0
Officer
$419,419 $67,546 $486,965
RICHARD S KRYSIAK VP FACILITIES MANAGEMENT AND PLANNING 40.0
Officer
$270,999 $24,035 $295,034
SUKHJINDER SIDHU EXECUTIVE DIRECTOR RESEARCH INSTITUTE 40.0
Officer
$304,872 $83,887 $388,759
TIFFANY TAYLOR VP DIVERSITY AND INCLUSION 40.0
Officer
$227,523 $70,310 $297,833
TROY W WASHINGTON VP HUMAN RESOURCES 40.0
Officer
$287,893 $36,460 $324,353
WILLIAM M FISCHER JD VP STUDENT DEVELOPMENT 40.0
Officer
$296,369 $45,736 $342,105
ALISON CARR-CHELLMAN PHD DEAN SCHOOL OF EDUCATION 40.0
Key Emp
$290,630 $130,323 $420,953
ANDREW L STRAUSS JD DEAN SCHOOL OF LAW 40.0
Key Emp
$342,008 $38,307 $380,315
CAROLYN PHELPS PHD ASSOCIATE PROVOST FACULTY AND ADMINISTRATIVE AFFAIRS 40.0
Key Emp
$182,840 $63,490 $246,330
DANIELLE M POE DEAN COLLEGE OF ARTS AND SCIENCES 40.0
Key Emp
$282,931 $62,175 $345,106
GUL S KREMER PHD DEAN SCHOOL OF ENGINEERING 40.0
Key Emp
$350,527 $28,796 $379,323
KATHLEEN M WEBB DEAN UNIVERSITY LIBRARIES 40.0
Key Emp
$209,122 $19,565 $228,687
TREVOR C COLLIER DEAN SCHOOL OF BUSINESS 40.0
Key Emp
$322,683 $55,003 $377,686
ANTHONY D GRANT HEAD COACH MEN'S BASKETBALL 40.0
Highest
$2,482,733 $51,658 $2,534,391
JOSEPH SALIBA PROFESSOR 40.0
Highest
$268,361 $47,248 $315,609
MICHAEL F GORMAN PROFESSOR 40.0
Highest
$270,339 $45,260 $315,599
RICARDO GREER ASSISTANT MEN'S BASKETBALL COACH 40.0
Highest
$388,290 $37,526 $425,816
TAMIKA D JETER HEAD COACH WOMEN'S BASKETBALL 40.0
Highest
$539,948 $43,514 $583,462
CORINNE G DAPRANO PHD CURRENT FACULTY/FORMER KEY EMPLOYEE 40.0
$145,197 $39,485 $184,682
KEVIN R KELLY PHD CURRENT FACULTY/FORMER KEY EMPLOYEE 40.0
$191,450 $35,360 $226,810
MARGARET F PINNELL CURRENT FACULTY MEMBER/FORMER KEY EMPLOYEE 40.0
$189,291 $42,249 $231,540
PAUL H BENSON PHD CURRENT EMPLOYEE/FORMER OFFICER 40.0
$268,364 $35,009 $303,373
THOMAS D SKILL PHD CURRENT EMPLOYEE/FORMER KEY EMPLOYEE 40.0
$259,308 $58,273 $317,581
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 $958,129,377 $906,753,193 $2,154,896,182 $51,376,184
2023 $887,642,083 $879,160,283 $2,104,612,847 $8,481,800
2022 $911,432,367 $836,348,600 $2,024,377,510 $75,083,767
2021 $826,984,131 $763,108,188 $2,074,626,748 $63,875,943
2020 $747,930,230 $718,309,190 $1,782,604,426 $29,621,040
2019 $774,902,657 $743,966,284 $1,763,815,306 $30,936,373
2018 $744,939,324 $682,710,203 $1,741,014,706 $62,229,121
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