HIGH POINT UNIVERSITY

EIN: 560529999 501(c)(3) Education

HIGH POINT, NC

Total Revenue
$501,892,632
Total Expenses
$439,333,527
Total Assets
$1,307,628,037
Net Assets
$1,119,159,225
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1928
Legal Domicile
NC
Principal Officer
STEVEN B CALLOWAY
Phone
3368419202
Tax Period
2024-06-01 to 2025-05-31

HIGH POINT UNIVERSITY, founded in 1928, is a major nonprofit in the Education sector that reported $501.9M in total revenue in fiscal year 2024. Expenses of $439.3M left a modest 12% surplus.

Mission

HIGH POINT UNIVERSITY'S INSPIRING ENVIRONMENT, CARING PEOPLE, AND ENGAGING EDUCATION EQUIP GRADUATES FOR SUCCESS AND SIGNIFICANCE BY CULTIVATING THE VALUES, KNOWLEDGE, MINDSET, AND SKILLS NECESSARY TO THRIVE IN A COMPETITIVE AND RAPIDLY CHANGING WORLD. THE VISION OF HIGH POINT UNIVERSITY IS TO BE A NATIONALLY PROMINENT, PRIVATE INSTITUTION RECOGNIZED FOR THE EXCELLENCE OF ITS ACADEMIC PROGRAMS, THE DEPTH OF ITS VALUES-BASED CULTURE, THE BREADTH OF ITS INCLUSIVENESS, AND THE STRENGTH OF ITS COMMITMENT TO EQUIPPING STUDENTS TO LEAD LIVES OF SUCCESS AND SIGNIFICANCE.

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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 $59,276,598
Program Service Revenue $417,088,757
Investment Income $13,869,133
Other Revenue $11,658,144
TOTAL REVENUE $501,892,632

Expense Breakdown

Grants Paid $107,942,145
Salaries & Benefits $119,106,397
Fundraising Expenses $6,174,594
Program Expenses $362,044,661
Other Expenses $212,284,985
TOTAL EXPENSES $439,333,527

Year-over-Year Comparison

2024 2023 Change
Revenue $501,892,632 $489,744,856 +0.0%
Expenses $439,333,527 $397,214,172 +0.1%
Net Income $62,559,105 $92,530,684 -0.3%
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
37
Independent Members
34
Employees
3204
Volunteers
N/A

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
8
$8,040,067
Total Directors
38
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
L'TANYA BAILEY TRUSTEE 0.50
Director
$0 $0 $0
MICHAEL BROWN TRUSTEE 0.50
Director
$0 $0 $0
TERESA CAINE TRUSTEE 0.50
Director
$0 $0 $0
RICHARD CALLICUTT II TRUSTEE 0.50
Director
$0 $0 $0
ROY CAROLL TRUSTEE 0.50
Director
$0 $0 $0
LORRAINE CHARMAN TRUSTEE 0.50
Director
$0 $0 $0
DAVID S CONGDON TRUSTEE 0.50
Director
$0 $0 $0
CHRISTINE COTTRELL TRUSTEE 0.50
Director
$0 $0 $0
STEPHANIE COUCH TRUSTEE 0.50
Director
$0 $0 $0
J FOSTER TRUSTEE 0.50
Director
$0 $0 $0
JAMES HOWELL TRUSTEE 0.50
Director
$0 $0 $0
KENNETH KAHN TRUSTEE 0.50
Director
$0 $0 $0
BISHOP PAUL LEELAND TRUSTEE 0.50
Director
$0 $0 $0
KRISTINE MESTDAGH TRUSTEE 0.50
Director
$0 $0 $0
KEVIN NORTON TRUSTEE 0.50
Director
$0 $0 $0
JEFF PATTERSON TRUSTEE 0.50
Director
$0 $0 $0
MARK PHILLIPS TRUSTEE 0.50
Director
$0 $0 $0
STEPHEN POND TRUSTEE 0.50
Director
$0 $0 $0
CAMERON WANEK TRUSTEE 0.50
Director
$0 $0 $0
MARK WEBB TRUSTEE 0.50
Director
$0 $0 $0
DOUGLAS WITCHER TRUSTEE 0.50
Director
$0 $0 $0
ELIZABETH ALDRIDGE TRUSTEE 0.50
Director
$0 $0 $0
ROBERT BROWN TRUSTEE 0.50
Director
$0 $0 $0
RICHARD BUDD TRUSTEE 0.50
Director
$0 $0 $0
EARL CONGDON TRUSTEE 0.50
Director
$0 $0 $0
JOHN FINCH TRUSTEE 0.50
Director
$0 $0 $0
DAVID FRANCIS TRUSTEE 0.50
Director
$0 $0 $0
SHIRLEY FRYE TRUSTEE 0.50
Director
$0 $0 $0
DONALD HAYNES TRUSTEE 0.50
Director
$0 $0 $0
CHRISTOPHER HENSON TRUSTEE 0.50
Director
$0 $0 $0
GENE KESTER TRUSTEE 0.50
Director
$0 $0 $0
WILLIAM KESTER TRUSTEE 0.50
Director
$0 $0 $0
J STOUT TRUSTEE 0.50
Director
$0 $0 $0
RICHARD VERT TRUSTEE 0.50
Director
$0 $0 $0
FRED WILSON TRUSTEE 0.50
Director
$0 $0 $0
DONNY LAMBETH TRUSTEE 0.50
Director
$0 $0 $0
DAVID SMITH TRUSTEE 0.50
Director
$0 $0 $0
RON JONES TRUSTEE 0.50
Director
$0 $0 $0
NIDO QUBEIN PRESIDENT 40.00
Officer
$4,961,352 $919,851 $5,881,203
MICHAEL PEELER CHIEF FINANCIAL OFFICER 40.00
Officer
$99,829 $10,674 $110,503
BRAD CALLOWAY SENIOR VICE PRESIDENT 40.00
Officer
$327,712 $48,118 $375,830
DANIEL ERB SENIOR VICE PRESIDENT 40.00
Officer
$329,992 $46,437 $376,429
ANDREW BILLS SENIOR VICE PRESIDENT 40.00
Officer
$303,363 $34,913 $338,276
ROGER CLODFELTER SENIOR VICE PRESIDENT 40.00
Officer
$272,781 $49,920 $322,701
BARRY KITLEY SENIOR VICE PRESIDENT 40.00
Officer
$278,920 $40,648 $319,568
KERR RAMSAY SENIOR ASSOCIATE DEAN FOR 40.00
Officer
$282,538 $33,019 $315,557
ALAN HUSS COACH 40.00
Highest
$747,503 $44,351 $791,854
KEVIN CAIN SENIOR ASSOCIATE DEAN FOR 40.00
Highest
$267,451 $43,653 $311,104
MARK MARTIN DEAN, SCHOOL OF LAW 40.00
Highest
$429,631 $31,902 $461,533
MARY KENNEDY DEAN, SCHOOL OF PHARMACY 40.00
Highest
$224,688 $31,202 $255,890
ALI SHAZIB DEAN, SCHOOL OF DENTAL MED 40.00
Highest
$381,401 $43,282 $424,683
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 $501,892,632 $439,333,527 $1,307,628,037 $62,559,105
2024 $489,744,856 $397,214,172 $1,237,786,639 $92,530,684
2023 $422,077,258 $356,958,178 $1,128,722,579 $65,119,080
2022 $438,765,014 $319,680,996 $1,058,110,850 $119,084,018
2021 $347,403,181 $262,237,085 $948,579,142 $85,166,096
2020 $294,774,165 $247,732,082 $863,444,385 $47,042,083
2019 $290,116,849 $235,075,114 $813,272,212 $55,041,735
2018 $278,132,499 $224,772,745 $758,066,761 $53,359,754
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