CLAFLIN UNIVERSITY

EIN: 570314374 501(c)(3) Education

ORANGEBURG, SC

Total Revenue
$79,043,301
Total Expenses
$66,016,204
Total Assets
$172,994,315
Net Assets
$139,651,560
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1869
Legal Domicile
SC
Principal Officer
DR DWAUN WARMACK
Phone
8035355413
Tax Period
2023-07-01 to 2024-06-30

CLAFLIN UNIVERSITY, founded in 1869, is a mid-sized nonprofit in the Education sector that reported $79.0M in total revenue in fiscal year 2023. The organization ran a surplus of $13.0M, a strong 16% operating margin.

Mission

CLAFLIN IS COMMITTED TO EXCELLENCE IN TEACHING, RESEARCH, AND CREATIVE EXPRESSION. WE ARE GUIDED BY A SET OF PRINCIPLES THAT HELP US WORK TOWARD OUR GOAL OF EQUIPPING STUDENTS WITH THE NECESSARY TOOLS FOR PERSONAL AND PROFESSIONAL GROWTH. WE ARE COMMITTED TO OFFERING QUALITY UNDERGRADUATE PROGRAMS, INNOVATIVE GRADUATE PROGRAMS, AND VIABLE CONTINUING EDUCATION OPPORTUNITIES. BY DESIGN, WE HAVE EMERGED AS A NATIONAL LEADER IN COMPREHENSIVE EDUCATION AND CONTINUE TO ENGAGE IN A STRATEGIC PLAN WHICH OUTLINES AN ENHANCED VISION OF ACADEMIC EXCELLENCE WITH GREATER EMPHASIS ON RESEARCH, SCHOLARLY CONTRIBUTIONS AND CREATIVE ACTIVITY.

Program Service Accomplishments

Program 1
Expenses: $23,614,313 Revenue: $30,463,135

INSTRUCTIONAL:CLAFLIN'S PRIMARY EXEMPT PURPOSE ACHIEVEMENT IS TO PROVIDE A HIGHER EDUCATION TO STUDENTS UNDER A COLLEGE DEGREE PROGRAM. CLAFLIN HAS FOUR SCHOOLS CONSISTING OF THE SCHOOL OF EDUCATION...

Read more

INSTRUCTIONAL:CLAFLIN'S PRIMARY EXEMPT PURPOSE ACHIEVEMENT IS TO PROVIDE A HIGHER EDUCATION TO STUDENTS UNDER A COLLEGE DEGREE PROGRAM. CLAFLIN HAS FOUR SCHOOLS CONSISTING OF THE SCHOOL OF EDUCATION, SCHOOL OF NATURAL SCIENCE AND MATHEMATICS, SCHOOL OF BUSINESS AND SCHOOL OF HUMANITIES AND SOCIAL SCIENCE AS WELL AS THE CENTER FOR PROFESSIONAL AND CONTINUING STUDIES. COURSES ARE OFFERED LEADING TO THE AWARD OF THE BACHELOR OF ARTS IN 14 MAJORS, BACHELOR OF SCIENCE IN 23 MAJORS AND A MASTERS OF BUSINESS ADMINISTRATION.

Program 2
Expenses: $13,676,705 Revenue: $12,748,318

AUXILIARY SERVICES:THE UNIVERSITY CONDUCTED AUXILIARY ENTERPRISES FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF AND THE COMMUNITY-AT-LARGE. AUXILIARY ENTERPRISES CONSIST OF INTERCOLLEGIATE...

Read more

AUXILIARY SERVICES:THE UNIVERSITY CONDUCTED AUXILIARY ENTERPRISES FOR THE CONVENIENCE OF STUDENTS, FACULTY, STAFF AND THE COMMUNITY-AT-LARGE. AUXILIARY ENTERPRISES CONSIST OF INTERCOLLEGIATE ATHLETICS, STUDENT HOUSING, FOOD SERVICE AND PRINT SHOP. THE UNIVERSITY PARTICIPATES IN NCAA DIVISION II ATHLETICS AND ITS PROGRAMS CONSIST OF FOUR SPORTS FOR MEN AND FIVE SPORTS FOR WOMEN.

Program 3
Expenses: $5,526,837 Revenue: $675,035

STUDENT SERVICES:CLAFLIN UNIVERSITY IS WEDDED TO THE IDEA THAT ACADEMIC ACHIEVEMENT IS FACILITATED BY A WELL-BALANCED AND WELL-ROUNDED PROGRAM OF STUDENT ACTIVITIES AND SERVICES. AS THE NAME IMPLIES...

Read more

STUDENT SERVICES:CLAFLIN UNIVERSITY IS WEDDED TO THE IDEA THAT ACADEMIC ACHIEVEMENT IS FACILITATED BY A WELL-BALANCED AND WELL-ROUNDED PROGRAM OF STUDENT ACTIVITIES AND SERVICES. AS THE NAME IMPLIES, STUDENT DEVELOPMENT AND SERVICES OPERATES PRIMARILY FOR STUDENTS. THIS UNIT SEEKS TO SERVE STUDENTS BOTH DIRECTLY AND INDIRECTLY: DIRECTLY IN THAT IT ANTICIPATES AND PROVIDES FOR THEIR PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS AND INDIRECTLY IN THAT, IN ITS TOTALITY, IT HELPS TO BUILD THE MORALE OF THE STUDENT BODY. STUDENT SERVICES PROGRAMS INCLUDE CAREER SERVICES, STUDENT HEALTH SERVICES, COUNSELING CENTER, CHAPLAIN SERVICES, FINANCIAL AID, ADMISSIONS, RECORDS, RESIDENTIAL LIFE AND STUDENT GOVERNMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $23,075,870
Program Service Revenue $43,886,488
Investment Income $12,232,754
Other Revenue $-151,811
TOTAL REVENUE $79,043,301

Expense Breakdown

Grants Paid $7,452,479
Salaries & Benefits $27,109,836
Fundraising Expenses $1,833,617
Program Expenses $43,016,828
Other Expenses $31,453,889
TOTAL EXPENSES $66,016,204

Year-over-Year Comparison

2023 2022 Change
Revenue $79,043,301 $73,755,606 +0.1%
Expenses $66,016,204 $69,147,620 0.0%
Net Income $13,027,097 $4,607,986 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
22
Independent Members
21
Employees
857
Volunteers
21

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
12
$1,978,366
Total Directors
22
$0
Key Employees
1
$230,008
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES K LEHMAN CHAIRMAN 0.50
Officer Director
$0 $0 $0
LESSIE B PRICE VICE CHAIRMAN 0.50
Officer Director
$0 $0 $0
JANICE W MARSHALL SECRETARY/CHAIR FACULTY AND CURR. COMMITTE 0.50
Officer Director
$0 $0 $0
JOAN S STEPHENS ASSOCIATE SECRETARY 0.50
Officer Director
$0 $0 $0
WILLIAM L THOMPSON TREASURER (EX-OFFICIO) 0.50
Director
$0 $0 $0
KEITH M CLARKE CHAIR BUILDING AND GROUND COMMITTEE 0.50
Director
$0 $0 $0
JESSICA AARON CHAIR: NOMINATING COMMITTEE 0.50
Director
$0 $0 $0
APARNA BAWA CHAIR: BUDGET AND FINANCE COMMITTEE 0.50
Director
$0 $0 $0
BISHOP DR ROBIN DEASE CHAIR: AUDIT COMMITTEE 0.50
Director
$0 $0 $0
DR WILLIE L FRAZIER CHAIR STUDENT AFFAIRS COMMITTEE 0.50
Director
$0 $0 $0
ARTIS HAMPSHIRE-COWAN DIRECTOR 0.50
Director
$0 $0 $0
HEMA PATEL DIRECTOR 0.50
Director
$0 $0 $0
REV DR JOHN O HERRING DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
GEORGE LOENING DIRECTOR 0.50
Director
$0 $0 $0
VIRGIL MILLER DIRECTOR 0.50
Director
$0 $0 $0
DR TRUDIE K REED DIRECTOR 0.50
Director
$0 $0 $0
ROBERT SCARBOROUGH DIRECTOR 0.50
Director
$0 $0 $0
REV DR ALBERT SHULER DIRECTOR 0.50
Director
$0 $0 $0
JOHN D UPRICHARD DIRECTOR 0.50
Director
$0 $0 $0
CHARLES WINTON DIRECTOR 0.50
Director
$0 $0 $0
BRIGIDARE GENERAL TWANDA YOUNG DIRECTOR 0.50
Director
$0 $0 $0
DR DWAUN J WARMACK PRESIDENT 40.00
Officer
$542,465 $65,257 $607,722
TERESA HARDEE BOONE EXECUTIVE VP AND COO 40.00
Officer
$247,445 $18,873 $266,318
ZIA HASAN VP INSTITUTIONAL EFFECTIVENESS 40.00
Officer
$217,199 $8,648 $225,847
LEROY A DURANT VP STUDENT DEVELOPMENT 40.00
Officer
$208,764 $15,996 $224,760
BARBARA CHAPPELL INTERIM VP - INSTITUTIONAL ADV 40.00
Officer
$102,738 $12,399 $115,137
CLETRA PETERS VICE PRESIDENT & CHIEF OF STAFF 40.00
Officer
$182,445 $23,673 $206,118
ASHLEY SCHOFIELD INTERIM VP FOR FISCAL AFFAIRS 40.00
Officer
$175,983 $16,073 $192,056
REYNOLDA BROWN VP - ENROLLMENT MANAGEMENT 40.00
Officer
$127,505 $12,903 $140,408
KARL WRIGHT PROVOST/CHIEF ACADEMIC OFFICER 40.00
Key Emp
$201,463 $28,545 $230,008
SHIRLEY BIGGS ASSOCIATE VP FOR HR/TITLE IX COORD. 40.00
Highest
$161,210 $11,036 $172,246
NICHOLAS HILL DEAN SCHOOL OF BUSINESS 40.00
Highest
$152,279 $9,014 $161,293
ANTHONY PITTMAN DEAN OF THE SCHOOL OF EDUCATION 40.00
Highest
$152,100 $7,564 $159,664
PRISCILLA ANDERSON DIRECTOR OF INTERNAL AUDIT 40.00
Highest
$145,379 $5,923 $151,302
VERLIE TISDALE INTERIM VICE PROVOST ACADEMIC PROG 40.00
Highest
$142,221 $19,819 $162,040
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 $79,043,301 $66,016,204 $172,994,315 $13,027,097
2023 No data No data No data No data
2022 $90,488,927 $62,932,622 $159,550,066 $27,556,305
2021 $109,840,895 $53,418,871 $136,249,721 $56,422,024
2020 $59,372,100 $58,430,501 $97,581,089 $941,599
2019 $59,366,710 $64,713,822 $95,352,411 $-5,347,112
2018 $59,827,351 $59,393,523 $102,577,876 $433,828
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CLAFLIN UNIVERSITY with other nonprofits in South Carolina and across the country.