MAHARISHI INTERNATIONAL UNIVERSITY

EIN: 421315493 501(c)(3) Education

FAIRFIELD, IA

Total Revenue
$53,412,552
Total Expenses
$55,259,110
Total Assets
$81,171,830
Net Assets
$52,892,143
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
IA
Principal Officer
DR JOHN HAGELIN
Phone
6414727000
Tax Period
2024-07-01 to 2025-06-30

MAHARISHI INTERNATIONAL UNIVERSITY, founded in 1988, is a mid-sized nonprofit in the Education sector that reported $53.4M in total revenue in fiscal year 2024.

Mission

EDUCATION USED TO DEVELOP EVERY STUDENT'S CREATIVE POTENTIAL THROUGH MAHARISHI'S CONSCIOUSNESS-BASED EDUCATION, THEREBY RAISING EVERY NATION TO INVINCIBILITY AND CREATING PEACE AND PROSPERITY FOR OUR WORLD FAMILY.

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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 $12,013,304
Program Service Revenue $39,975,961
Investment Income $211,820
Other Revenue $1,211,467
TOTAL REVENUE $53,412,552

Expense Breakdown

Grants Paid $4,363,401
Salaries & Benefits $26,231,207
Fundraising Expenses $602,713
Program Expenses $34,398,111
Other Expenses $24,664,502
TOTAL EXPENSES $55,259,110

Year-over-Year Comparison

2024 2023 Change
Revenue $53,412,552 $55,349,155 0.0%
Expenses $55,259,110 $59,432,190 -0.1%
Net Income $-1,846,558 $-4,083,035 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
35
Independent Members
29
Employees
1013
Volunteers
3

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
25
$1,927,485
Total Directors
44
$410,378
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JOHN HAGELIN PRESIDENT EM 35.00
Officer Director
$129,243 $9,230 $138,473
DR KEITH WALLACE PRESIDENT EM 35.00
Director
$66,595 $24,700 $91,295
DR BEVAN MORRIS PRES-CHAIR E 0.50
Director
$0 $7,020 $34,520
DR CAROLYN KING TRUSTEE 0.50
Director
$10,500 $7,020 $17,520
LEILA IZADIAN VP DEVELOPME 35.00
Officer
$162,920 $0 $162,920
LESLIE CIUPPA VP OP. EXCEL 35.00
Officer
$150,000 $0 $150,000
DR BRUCE CURRIVAN TRUSTEE 0.50
Director
$0 $0 $0
MR JIM DAVIS TRUSTEE 0.50
Director
$0 $0 $0
MRS DIANE DAVIS TRUSTEE 0.50
Director
$0 $0 $0
DR MARTIN DAVY TRUSTEE 0.50
Director
$0 $0 $0
DR SUSAN DILLBECK TRUSTEE 0.50
Director
$0 $0 $0
MR MICHAEL DIMICK TRUSTEE 0.50
Director
$0 $0 $0
DR BARBARA DREIER TRUSTEE 0.50
Director
$0 $0 $0
DR TOM FACTOR TRUSTEE 0.50
Director
$0 $0 $0
MRS JOSEPHINE B FAUERSO TRUSTEE 0.50
Director
$0 $0 $0
MR W SCOTT GOULD TRUSTEE 0.50
Director
$0 $0 $0
MR MICHAEL HEINRICH TRUSTEE 0.50
Director
$0 $0 $0
RON BARNETT VP MARKETING 35.00
Officer
$64,100 $24,700 $88,800
MRS TOBY LIEB RESIGNED 724 TRUSTEE N/A
Director
$0 $0 $0
MR ED MALLOY TRUSTEE/CHAI 0.50
Officer Director
$0 $0 $0
ASTER HESSE DEAN OF ADMI 35.00
Officer
$56,690 $0 $56,690
DR NEIL PATERSON TRUSTEE 0.50
Director
$0 $0 $0
MR ERIC SCHWARTZ RESIGNED 724 TRUSTEE N/A
Director
$0 $0 $0
MR RAM SHRIVASTAVA TRUSTEE 0.50
Director
$0 $0 $0
DR TOM STANLEY TRUSTEE/VICE 0.50
Officer Director
$0 $0 $0
DR LAURA WEGE RESIGNED 724 TRUSTEE/VICE N/A
Officer Director
$0 $0 $0
DR MAUREEN WYNNE TRUSTEE 0.50
Director
$0 $0 $0
MS RENA BOONE TRUSTEE 0.50
Director
$0 $0 $0
DR LORENZA GARGHETTIRESIGNED 724 TRUSTEE N/A
Director
$0 $0 $0
DR NAKISHA HOBBS RESIGNED 724 TRUSTEE N/A
Director
$0 $0 $0
DR KWESI ORGLE TRUSTEE 0.50
Director
$0 $0 $0
DR ANDY ZHONG TRUSTEE 0.50
Director
$0 $0 $0
DR JANE SCHMIDT-WILK FACULTY TRUS 0.50
Director
$0 $0 $0
DR SCOTT HERRIOTT VP ACADEMIC 35.00
Officer Director
$63,620 $24,700 $88,320
DR NAT GOLDHABER VICE CHAIR 0.50
Officer Director
$0 $0 $0
TOM SCORZELLI CIO 35.00
Officer
$134,901 $2,600 $137,501
DR RAFAEL DAVID TRUSTEE 0.50
Director
$0 $0 $0
ROXANNA MEDEIROS VP ONLINE ED 35.00
Officer
$97,343 $2,600 $99,943
CAROL PASSOS VP HUMAN RES 35.00
Officer
$148,025 $0 $148,025
ERIC LIU CHIEF DIGITA 35.00
Officer
$120,839 $7,020 $127,859
CATHERINE GORINI DEAN OF FACU 35.00
Officer
$40,300 $24,700 $65,000
YUNXIANG ZHU VP ASIAN EXP 35.00
Officer
$42,000 $24,700 $66,700
DR TONY NADER PRESIDENT 35.00
Officer Director
$40,250 $0 $40,250
MS ELIZABETH FAUERSO TRUSTEE 0.50
Director
$0 $0 $0
MS DONNA JONES TRUSTEE 0.50
Director
$0 $0 $0
MS RACHEL LANSKY TRUSTEE 0.50
Director
$0 $0 $0
MR BRIAN LEVINE TRUSTEE 0.50
Director
$0 $0 $0
DR ROD EASON VP STUDENT A 35.00
Officer
$50,400 $2,600 $53,000
MR MICHAEL SPIVAK TREASURER 35.00
Officer
$9,500 $24,700 $34,200
MRS SUSAN TRACY RESIGNED 72024 ASSISTANT SE N/A
Officer
$0 $0 $0
MR TOM BROOKS VP OF OPERAT 35.00
Officer
$48,816 $24,700 $73,516
DR H CHENCELLOR CHANDLER TRUSTEE 0.50
Director
$0 $0 $0
CHRIS MULLER RESIGNED 724 COO N/A
Officer
$0 $0 $0
DR CRAIG PEARSON VP GROWTH OF 35.00
Officer
$50,384 $24,700 $75,084
GAURAV RIJAL VP FINANCE 35.00
Officer
$116,004 $2,600 $118,604
MR BILL SMITH CEO 35.00
Officer
$200,000 $2,600 $202,600
DRMICHAEL BUSCH TRUSTEE 0.50
Director
$0 $0 $0
DR PEGI BUSCH TRUSTEE 0.50
Director
$0 $0 $0
DR LEON GATYS TRUSTEE 0.50
Director
$0 $0 $0
MRS ELLANA FREEMAN CARTER TRUSTEE 0.50
Director
$0 $0 $0
MR AIMINE KOULDER FACULTY TRUS 0.50
Director
$0 $0 $0
DR SANKARI WEGMAN FACULTY TRUS 0.50
Director
$0 $0 $0
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 $53,412,552 $55,259,110 $81,171,830 $-1,846,558
2024 $55,349,155 $59,432,190 $87,333,276 $-4,083,035
2023 $62,594,792 $59,232,944 $94,352,815 $3,361,848
2022 $63,354,358 $54,013,830 $86,101,513 $9,340,528
2021 $45,568,387 $39,751,896 $76,448,416 $5,816,491
2020 $45,057,725 $40,276,310 $69,257,233 $4,781,415
2019 $37,174,833 $36,639,636 $64,759,164 $535,197
2018 $37,358,628 $37,261,339 $64,065,189 $97,289
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