UNIVERSITY OF NORTHWESTERN - ST PAUL (EIN 410711610) - Form 990 Financial Analysis & Trantor Score

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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

1902

Legal Domicile

Principal Officer

DR CORBIN HOORNBEEK

Phone

6516315100

Tax Period

2022-07-01 to 2023-06-30

UNIVERSITY OF NORTHWESTERN - ST PAUL, founded in 1902, is a major nonprofit in the Education sector that reported $124.3M in total revenue in fiscal year 2022. Expenses of $113.4M left a modest 9% surplus.

Mission

WE SEEK TO REACH ALL NATIONS FOR JESUS, THROUGH CHRIST-CENTERED HIGHER EDUCATION AND MEDIA.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $38,339,415

Program Service Revenue $78,813,122

Investment Income $6,652,827

Other Revenue $454,211

TOTAL REVENUE $124,259,575

Expense Breakdown

Grants Paid $22,737,804

Salaries & Benefits $48,798,170

Fundraising Expenses $3,773,629

Program Expenses $100,209,126

Other Expenses $40,942,812

TOTAL EXPENSES $113,437,327

Year-over-Year Comparison

	2022	2021	Change
Revenue	$124,259,575	$124,304,779	0.0%
Expenses	$113,437,327	$113,127,887	+0.0%
Net Income	$10,822,248	$11,176,892	0.0%

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

Governance

Voting Members

Independent Members

Employees

1764

Volunteers

707

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

$977,385

Total Directors

$797,170

Key Employees

$379,895

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR ALAN CURETON	PRESIDENT THRU 7/22	45.00	Officer Director	$593,100	$22,360	$615,460
DR CORBIN HOORNBEEK	PRESIDENT	45.00	Officer Director	$167,942	$13,069	$181,011
ARNOLD LINDSTRAND	TRUSTEE	2.00	Director	$699	$0	$699
GROVER SAYRE	CHAIR	2.00	Officer Director	$0	$0	$0
DR NEAL RICH	VICE CHAIR	2.00	Officer Director	$0	$0	$0
GINGER EWING	SECRETARY THRU 9/22	2.00	Officer Director	$0	$0	$0
DR GEORGE KENWORTHY	SECRETARY	2.00	Officer Director	$0	$0	$0
PAUL BIERHAUS	TRUSTEE	2.00	Director	$0	$0	$0
DR MARGARET DIDDAMS	TRUSTEE	2.00	Director	$0	$0	$0
MEGAN DOYLE	TRUSTEE	2.00	Director	$0	$0	$0
MARY EDWARDS	TRUSTEE	2.00	Director	$0	$0	$0
STAN ERICKSON	TRUSTEE	2.00	Director	$0	$0	$0
JOHN FULLER	TRUSTEE	2.00	Director	$0	$0	$0
LEIGH HARRISON	TRUSTEE	2.00	Director	$0	$0	$0
DEBORAH HEDLUND	TRUSTEE	2.00	Director	$0	$0	$0
MARK JOHNSON	TRUSTEE	2.00	Director	$0	$0	$0
DR RAMON PASTRANO	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT RICHERT	TRUSTEE	2.00	Director	$0	$0	$0
TOM THOMPSON	TRUSTEE	2.00	Director	$0	$0	$0
STEWART VAN DUZER	TRUSTEE	2.00	Director	$0	$0	$0
PHILIP VIERLING	TRUSTEE	2.00	Director	$0	$0	$0
TERESA WILLIAMS	TRUSTEE	2.00	Director	$0	$0	$0
SUSAN WILSON	TRUSTEE	2.00	Director	$0	$0	$0
JOHN SOMMERVILLE	CFO / TREASURER	45.00	Officer	$158,009	$22,905	$180,914
JASON SHARP	SR. VP FOR MEDIA	45.00	Key Emp	$160,064	$29,938	$190,002
DR JANET SOMMERS	PROVOST/SR. VP FOR ACADEMIC AFFAIRS	45.00	Key Emp	$157,931	$31,962	$189,893
DR APRIL MORETON	VP FOR INST. ADVANCEMENT THRU 11/22	45.00	Highest	$187,209	$35,570	$222,779
SCOTT JONES	ASST VP FOR BUS OPS & TECH/MEDIA	45.00	Highest	$128,127	$30,569	$158,696
DAVID GATTORNA	MEDIA STATION MANAGER	45.00	Highest	$125,808	$32,379	$158,187
DAVE GORDON	MEDIA STATION MANAGER	45.00	Highest	$120,921	$33,175	$154,096
NINA BARNES	VP FOR STUDENT LIFE AND HR	45.00	Highest	$135,104	$17,887	$152,991

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	$124,259,575	$113,437,327	$153,074,930	$10,822,248
2022	$124,304,779	$113,127,887	$139,959,111	$11,176,892
2021	$110,000,439	$101,482,362	$144,732,947	$8,518,077
2020	$107,527,450	$104,287,544	$137,447,800	$3,239,906
2019	$106,696,641	$103,642,524	$134,264,432	$3,054,117
2018	$100,142,048	$97,855,261	$134,424,847	$2,286,787

UNIVERSITY OF NORTHWESTERN - ST PAUL