ST ANDREWS UNIVERSITY

EIN: 560530240 501(c)(3)

BABSON PARK, FL

Total Revenue
$32,837,605
Total Expenses
$30,422,448
Total Assets
$13,866,341
Net Assets
$1,227,305
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
NC
Principal Officer
NELSON J MARQUEZ
Phone
8636381431
Tax Period
2024-06-01 to 2025-05-31

ST ANDREWS UNIVERSITY, founded in 1958, is a mid-sized nonprofit that reported $32.8M in total revenue in fiscal year 2024. Expenses of $30.4M left a modest 7% surplus.

Mission

THE UNIVERSITY'S MISSION IS TO OFFER STUDENTS AN ARRAY OF BUSINESS, LIBERAL ARTS AND SCIENCES, AND PRE-PROFESSIONAL PROGRAMS OF STUDY THAT CREATE A LIFE TRANSFORMING EDUCATIONAL OPPORTUNITY, WHICH IS PRACTICAL IN ITS APPLICATION, GLOBAL IN ITS SCOPE, AND MULTI-DISCIPLINARY IN ITS GENERAL EDUCATION CORE. STUDENTS WILL ACQUIRE DEPTH OF KNOWLEDGE AND EXPERTISE IN THEIR CHOSEN FIELD OF STUDY, BALANCES BY BREADTH OF KNOWLEDGE ACROSS VARIOUS DISCIPLINES. SPECIAL EMPHASIS IS PLACED ON ENHANCING ORAL AND WRITTEN COMMUNICATION AND CRITICAL THINKING SKILLS.

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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 $1,831,341
Program Service Revenue $21,596,072
Investment Income $-341,092
Other Revenue $9,751,284
TOTAL REVENUE $32,837,605

Expense Breakdown

Grants Paid $7,239,701
Salaries & Benefits $7,730,976
Fundraising Expenses $179,199
Program Expenses $24,290,472
Other Expenses $15,451,771
TOTAL EXPENSES $30,422,448

Year-over-Year Comparison

2024 2023 Change
Revenue $32,837,605 $30,538,826 +0.1%
Expenses $30,422,448 $30,540,775 0.0%
Net Income $2,415,157 $-1,949 -1240.2%
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
6
Independent Members
6
Employees
281
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
6
$517,380
Total Directors
6
$0
Key Employees
2
$376,383
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR JOE STRICKLER CHAIRMAN 2.00
Officer Director
$0 $0 $0
MR JOSEPH F MIRANDA VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
MR EMIL JAHNA SECRETARY 2.00
Officer Director
$0 $0 $0
MR THEODORE FOWLER TRUSTEE 2.00
Director
$0 $0 $0
MR REX R YENTES TRUSTEE 2.00
Director
$0 $0 $0
MR BILL RINKER TRUSTEE 2.00
Director
$0 $0 $0
DR NELSON MARQUEZ PRESIDENT/CEO 40.00
Officer
$0 $22,089 $270,972
CHRISTINA JORDON TREASURER/VP OF FINANCE 40.00
Officer
$0 $19,175 $142,620
EDNA ANN LOFTUS CHIEF ACADEMIC OFFICER 40.00
Officer
$96,852 $6,936 $103,788
TARUN MALIK CAMPUS PRESIDENT 40.00
Key Emp
$199,654 $0 $199,654
BRIAN K STANLEY VP FOR ENROLLMENT MANAGEMENT 40.00
Key Emp
$169,793 $6,936 $176,729
HERBERT K WADE FORMER PRESIDENT 40.00
Highest
$0 $1,691 $273,017
JEFFREY C ROBERTSON VP INSTITUTIONAL ADVANCEMENT 40.00
Highest
$117,150 $0 $117,150
DOROTHY MILLER FACULTY 40.00
Highest
$104,020 $6,936 $110,956
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 $32,837,605 $30,422,448 $13,866,341 $2,415,157
2024 $30,538,826 $30,540,775 $21,132,166 $-1,949
2023 $17,291,202 $24,199,776 $21,089,150 $-6,908,574
2022 $23,795,500 $24,814,843 $21,824,186 $-1,019,343
2021 $21,089,722 $22,799,990 $22,903,613 $-1,710,268
2020 $26,891,959 $26,240,294 $20,257,294 $651,665
2019 $26,301,434 $24,697,379 $16,798,801 $1,604,055
2018 $23,375,209 $21,867,879 $13,426,169 $1,507,330
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