UNIVERSITY OF NORTHWESTERN OHIO

EIN: 341695897 501(c)(3) Education

LIMA, OH

Total Revenue
$41,513,011
Total Expenses
$42,370,942
Total Assets
$117,351,973
Net Assets
$87,946,907
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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
1992
Legal Domicile
OH
Principal Officer
DR JEFFREY JARVIS
Phone
4192273141
Tax Period
2022-07-01 to 2023-06-30

UNIVERSITY OF NORTHWESTERN OHIO, founded in 1992, is a mid-sized nonprofit in the Education sector that reported $41.5M in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring. Net assets of $87.9M represent 25 months of operating reserves.

Mission

THE UNIVERSITY OF NORTHWESTERN OHIO IS AN ENTREPRENEURIAL, NOT-FOR-PROFIT INSTITUTION OF HIGHER LEARNING, PREPARING STUDENTS FOR CAREERS AND PRODUCTIVE CITIZENSHIP.

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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 (2022)

Revenue Breakdown

Contributions & Grants $659,983
Program Service Revenue $41,410,607
Investment Income $324,336
Other Revenue $-881,915
TOTAL REVENUE $41,513,011

Expense Breakdown

Grants Paid $2,780,062
Salaries & Benefits $20,823,109
Fundraising Expenses $237,326
Program Expenses $33,412,555
Other Expenses $18,767,771
TOTAL EXPENSES $42,370,942

Year-over-Year Comparison

2022 2021 Change
Revenue $41,513,011 $53,295,446 -0.2%
Expenses $42,370,942 $46,870,590 -0.1%
Net Income $-857,931 $6,424,856 -1.1%
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
12
Independent Members
9
Employees
470
Volunteers
9

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
$1,231,490
Total Directors
12
$1,107,009
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY JARVIS PRESIDENT 40.0
Officer Director
$636,297 $23,460 $659,757
DEAN HOBLER VP OF ACADEMIC AFFAIRS 40.0
Officer Director
$244,414 $15,639 $260,053
MARCIA EICKHOLT VP OF FINANCE 40.0
Officer
$147,770 $9,711 $157,481
JAMES BRONDER CONTROLLER 40.0
Officer Director
$139,162 $15,037 $154,199
JACLYN JARVIS VP OF COUNSELING SERVICES 40.0
Highest
$129,296 $4,993 $134,289
DONALD LOWDEN VP OF ADMISSIONS 40.0
Highest
$112,283 $8,553 $120,836
BRUCE PATTON ADMISSIONS SUPERVISOR 40.0
Highest
$109,594 $6,776 $116,370
JEFFERY LE BLANC VP OF INFORMATION TECHNOLOGY 40.0
Highest
$106,627 $8,412 $115,039
RANDY HERROD-GONZALEZ VP OF UNIVERSITY SERVICES 40.0
Highest
$110,752 $2,010 $112,762
MARK STOLLY TRUSTEE 1.0
Director
$4,000 $0 $4,000
TOM AHL TRUSTEE 1.0
Director
$4,000 $0 $4,000
DAVID CHENEY TRUSTEE 1.0
Director
$4,000 $0 $4,000
TODD SCHAUB TRUSTEE 1.0
Director
$4,000 $0 $4,000
TROY BREIDENBACH TRUSTEE 1.0
Director
$4,000 $0 $4,000
JEFF HARDY TRUSTEE 1.0
Director
$4,000 $0 $4,000
DAN KLOPP TRUSTEE 1.0
Director
$4,000 $0 $4,000
SAM HALKER TRUSTEE 1.0
Director
$4,000 $0 $4,000
DAN BRIGGS TRUSTEE 1.0
Director
$1,000 $0 $1,000
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 No data No data No data No data
2023 $41,513,011 $42,370,942 $117,351,973 $-857,931
2022 $53,295,446 $46,870,590 $118,105,125 $6,424,856
2021 $54,604,805 $44,260,130 $114,514,487 $10,344,675
2020 $46,070,078 $44,513,161 $102,608,662 $1,556,917
2019 $48,378,091 $45,746,980 $105,081,604 $2,631,111
2018 $48,649,141 $45,155,002 $106,937,122 $3,494,139
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