ANDERSON UNIVERSITY INC

EIN: 350867954 501(c)(3) Education

ANDERSON, IN

Total Revenue
$61,014,638
Total Expenses
$68,167,577
Total Assets
$122,521,597
Net Assets
$73,597,500
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
IN
Phone
7656414001
Tax Period
2024-06-01 to 2025-05-31

ANDERSON UNIVERSITY INC, founded in 1917, is a mid-sized nonprofit in the Education sector that reported $61.0M in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $68.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

To educate persons for a life of faith and service in the church and society

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,407,014
Program Service Revenue $51,151,463
Investment Income $4,049,429
Other Revenue $406,732
TOTAL REVENUE $61,014,638

Expense Breakdown

Grants Paid $22,740,445
Salaries & Benefits $20,025,898
Fundraising Expenses $1,039,772
Program Expenses $58,939,621
Other Expenses $25,401,234
TOTAL EXPENSES $68,167,577

Year-over-Year Comparison

2024 2023 Change
Revenue $61,014,638 $75,597,456 -0.2%
Expenses $68,167,577 $69,299,441 0.0%
Net Income $-7,152,939 $6,298,015 -2.1%
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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Governance

Voting Members
24
Independent Members
23
Employees
1049
Volunteers
25

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
9
$987,345
Total Directors
24
$261,786
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jay B Ricker Vice Chair 1.0
Officer Director
$0 $0 $0
John Pistole President 35.0
Officer Director
$209,755 $52,031 $261,786
Rev Doug Tally Chair 1.0
Officer Director
$0 $0 $0
Beth S Tharp TRUSTEE 1.0
Director
$0 $0 $0
Charles R Carroll TRUSTEE 1.0
Director
$0 $0 $0
Donna A Harman TRUSTEE 1.0
Director
$0 $0 $0
Dr Thomas J Snyder TRUSTEE 1.0
Director
$0 $0 $0
Guy F Perry TRUSTEE 1.0
Director
$0 $0 $0
James W Ostrognai TRUSTEE 1.0
Director
$0 $0 $0
Kimberly Johnson TRUSTEE 1.0
Director
$0 $0 $0
Kyle M Schoeder TRUSTEE 1.0
Director
$0 $0 $0
Mary E Jamerson TRUSTEE 1.0
Director
$0 $0 $0
Mitchell Benbow TRUSTEE 1.0
Director
$0 $0 $0
PhD Priscilla Archangel TRUSTEE 1.0
Director
$0 $0 $0
Rev Charles J Myricks Jr TRUSTEE 1.0
Director
$0 $0 $0
Rev Deidre D Franklin TRUSTEE 1.0
Director
$0 $0 $0
Rev Erin M Taylor TRUSTEE 1.0
Director
$0 $0 $0
Rev Jessica S Uitvlugt TRUSTEE 1.0
Director
$0 $0 $0
Rev Mark S Krenz TRUSTEE 1.0
Director
$0 $0 $0
Rev Martin D Grubbs TRUSTEE 1.0
Director
$0 $0 $0
Rev Nabil F Safi TRUSTEE 1.0
Director
$0 $0 $0
Rev Steve L Rennick TRUSTEE 1.0
Director
$0 $0 $0
Robrt C Byers TRUSTEE 1.0
Director
$0 $0 $0
Steven R Davis TRUSTEE 1.0
Director
$0 $0 $0
Brent Baker VP Advancement and Secretary 35.0
Officer
$120,078 $13,236 $133,314
Courtney Taylor Provost and VP of Corporation 35.0
Officer
$118,973 $13,788 $132,761
Lara Mann VP for Enrollment and Marketing 35.0
Officer
$147,338 $18,036 $165,374
Mischon Hart VP MARKETING AND COMMUNICATION 35.0
Officer
$98,819 $13,629 $112,448
Ronda Reemer Assistant Secretary 35.0
Officer
$45,816 $450 $46,266
Suahil Housholder VP for Finance and Treasurer 35.0
Officer
$122,160 $13,236 $135,396
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 $61,014,638 $68,167,577 $122,521,597 $-7,152,939
2024 $75,597,456 $69,299,441 $130,755,276 $6,298,015
2023 $62,889,443 $63,953,678 $123,625,444 $-1,064,235
2022 $63,226,796 $61,763,774 $135,263,076 $1,463,022
2021 $56,617,560 $55,933,458 $141,012,159 $684,102
2020 $63,220,268 $60,379,412 $132,256,277 $2,840,856
2019 $60,516,320 $62,723,228 $129,633,129 $-2,206,908
2018 $66,599,442 $63,736,918 $134,547,786 $2,862,524
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