Emory University

EIN: 580566256 501(c)(3) Education

Atlanta, GA

Total Revenue
$7,310,968,615
Total Expenses
$6,641,688,154
Total Assets
$22,212,258,173
Net Assets
$16,013,769,695
🔒

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
1915
Legal Domicile
GA
Phone
4047271408
Tax Period
2023-09-01 to 2024-08-31

Emory University, founded in 1915, is a large national nonprofit in the Education sector that reported $7.3B in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $6.6B left a modest 9% surplus.

Mission

Emory University's mission is to create, preserve, teach, and apply knowledge in the service of humanity. (See Schedule O for continuation)

Program Service Accomplishments

Program 1
Expenses: $2,859,153,916 Revenue: $1,335,958,360

EMORY UNIVERSITY ("Emory "University") Emory University is a major research university that is privately endowed, coeducational and not-for-profit. With its nine colleges and schools, the University...

Read more

EMORY UNIVERSITY ("Emory "University") Emory University is a major research university that is privately endowed, coeducational and not-for-profit. With its nine colleges and schools, the University attracts top quality students from across the nation and abroad and has a current total enrollment of approximately 15,000 students. The University is a member of the Association of American Universities. In U.S. News and World Report's annual ranking of "America's Best Colleges" Emory ranked 24th in 2024 among national universities and has consistently been included in its top 25 list since 1992. Emory also ranks in the top 25 schools for "best value schools." In addition, Emory ranked 13th in Kiplinger's "100 best college values was named a "best value college" by the Princeton Review. The University includes one of the nation's leading research and patient-care medical complexes, the Robert W. Woodruff Health Sciences Center. The Center includes the Emory University School of Medicine, Nell Hodgson Woodruff School of Nursing, Rollins School of Public Health, and Emory National Primate Research Center. Among the many other centers for specialized research and study at Emory are the Winship Cancer Institute; The Global Health Institute; The Center for Health Discovery and Well Being; The Center for Faculty Development and Excellence; The Center for Aids Research; The Michael C. Carlos Museum; The Cherry L. Emerson Center for Scientific Computation; and The Claus M. Halle Institute for Global Learning.

Program 2
Expenses: $1,840,257,035 Revenue: $2,183,587,856

EMORY UNIVERSITY HOSPITAL MIDTOWN Since 1908, Emory University Hospital Midtown has been an Atlanta teaching hospital offering a myriad of patient care, education and research initiatives. In 2024...

Read more

EMORY UNIVERSITY HOSPITAL MIDTOWN Since 1908, Emory University Hospital Midtown has been an Atlanta teaching hospital offering a myriad of patient care, education and research initiatives. In 2024, Emory University Hospital Midtown was ranked nationally by U.S. News & World Report in Ear, Nose and Throat for the sixth year in a row since that program moved to the hospital. It was ranked ninth in Georgia and eighth in metro Atlanta rankings. The Hospital provides advanced services such as cardiology, oncology, and radiology as well as more traditional services such as obstetrics, with both routine and intensive care nurseries, as well as provides charity care in the form of indigent care to patients with no health insurance and catastrophic care to patients whose medical bills are so large that paying them would be permanently life-shattering. Emory University Hospital Midtown has 529 licensed beds and more than 1,200 licensed physicians on staff. The current community benefits report is published at https://www.emoryhealthcare.org/community.

Program 3
Expenses: $1,493,503,740 Revenue: $1,785,935,126

EMORY UNIVERSITY HOSPITAL Emory University Hospital is a teaching and research facility providing tertiary and quaternary care services, particularly cardiology, cardiac surgery, oncology...

Read more

EMORY UNIVERSITY HOSPITAL Emory University Hospital is a teaching and research facility providing tertiary and quaternary care services, particularly cardiology, cardiac surgery, oncology, neurosciences, multiple organ and tissue transplantation, orthopaedics, geriatrics and endocrinology. In 2024, Emory University Hospital was ranked as the number one hospital in metro Atlanta and in the state of Georgia by U.S. News and World Report for the eleventh year in a row. Emory University Hospital was also recognized in 2024 as one of the nation's top hospitals by the national research corporation's consumer choice awards for 23 of the past 24 years. Emory University Hospital provides integrated patient care with teaching and clinical research by physicians who are university faculty as well as provides charity care in the form of indigent care to patients with no health insurance and catastrophic care to patients whose medical bills are so large that paying them would be permanently life-shattering. The Hospital has 911 licensed beds, of which 120 are located at Emory University Orthopaedics and Spine Hospital and 82 are located at Wesley Woods, and more than 1,300 licensed physicians on staff. The Emory University Orthopaedics and Spine Hospital has earned the highest patient satisfaction rankings in the country based on returned surveys from patients that have been nationally benchmarked by Press Ganey. The current community benefits report is published at https://www.emoryhealthcare.org/community

🔒

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 $1,199,613,458
Program Service Revenue $5,305,481,342
Investment Income $763,936,395
Other Revenue $41,937,420
TOTAL REVENUE $7,310,968,615

Expense Breakdown

Grants Paid $636,544,761
Salaries & Benefits $3,141,116,405
Fundraising Expenses $36,703,376
Program Expenses $6,192,914,691
Other Expenses $2,862,755,189
TOTAL EXPENSES $6,641,688,154

Year-over-Year Comparison

2023 2022 Change
Revenue $7,310,968,615 $6,307,404,920 +0.2%
Expenses $6,641,688,154 $6,019,904,381 +0.1%
Net Income $669,280,461 $287,500,539 +1.3%
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
39
Independent Members
36
Employees
26966
Volunteers
11800

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
14
$22,542,562
Total Directors
43
$2,432,608
Key Employees
20
$25,901,912
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY FENVES President 80.0
Officer Director
$1,858,603 $567,338 $2,425,941
ADAM H ROGERS Trustee 2.0
Director
$0 $0 $0
ALLEGRA LAWRENCE-HARDY Trustee 1.0
Director
$0 $0 $0
ALLISON DUKES Trustee 1.0
Director
$0 $0 $0
Andrew W EVANS Trustee 2.0
Director
$0 $0 $0
CRYSTAL EDMONSON Trustee 3.0
Director
$0 $0 $0
CYNTHIA M SANBORN Trustee 3.0
Director
$0 $0 $0
Darren W Cohen Trustee 1.0
Director
$0 $0 $0
DAVID GRAVES Trustee 1.0
Director
$6,667 $0 $6,667
DEBORAH A MARLOWE Trustee 2.0
Director
$0 $0 $0
E JENNER WOOD III Trustee 1.0
Director
$0 $0 $0
FACUNDO L BACARDI Trustee 1.0
Director
$0 $0 $0
GREGORY J VAUGHN Trustee 1.0
Director
$0 $0 $0
GREGORY V PALMER Trustee 1.0
Director
$0 $0 $0
JAMES WALKER BURNS Trustee 3.0
Director
$0 $0 $0
JAVIER C GOIZUETA Trustee 2.0
Director
$0 $0 $0
JOHN G RICE Trustee 4.0
Director
$0 $0 $0
JOHN L LATHAM Trustee 1.0
Director
$0 $0 $0
JONATHAN K LAYNE Trustee 1.0
Director
$0 $0 $0
KATHELEN AMOS Trustee 2.0
Director
$0 $0 $0
L JONATHAN HOLSTON Trustee 1.0
Director
$0 $0 $0
LEAH WARD SEARS Trustee 3.0
Director
$0 $0 $0
LEE P MILLER Trustee 2.0
Director
$0 $0 $0
MARK A WEINBERGER Trustee 1.0
Director
$0 $0 $0
MITCHELL A TANZMAN Trustee 3.0
Director
$0 $0 $0
MUHTAR KENT Trustee 1.0
Director
$0 $0 $0
RICK M RIEDER Trustee 1.0
Director
$0 $0 $0
ROBERT C GODDARD III Trustee 4.0
Director
$0 $0 $0
Robin Dease Trustee 1.0
Director
$0 $0 $0
ROSA TARBUTTON SUMTER Trustee 2.0
Director
$0 $0 $0
SARAH B BROWN Trustee 3.0
Director
$0 $0 $0
SHANTELLA CARR COOPER Trustee 2.0
Director
$0 $0 $0
STUART A ROSE Trustee 2.0
Director
$0 $0 $0
SUE HAUPERT-JOHNSON Trustee 1.0
Director
$0 $0 $0
Tania Neild Trustee 1.0
Director
$0 $0 $0
Tash Elwyn Trustee 1.0
Director
$0 $0 $0
TERESA M RIVERO Trustee 3.0
Director
$0 $0 $0
THOMAS I BARKIN Trustee 3.0
Director
$0 $0 $0
TIMOTHY C ROLLINS Trustee 3.0
Director
$0 $0 $0
WILLIAM A BROSIUS Trustee 2.0
Director
$0 $0 $0
WILLIAM C WARREN IV Trustee 1.0
Director
$0 $0 $0
WILLIAM H ROGERS JR Trustee 2.0
Director
$0 $0 $0
WILLIAM T McALILLY Trustee 1.0
Director
$0 $0 $0
ALLISON DYKES JOHNSON VP - University Secretary 60.0
Officer
$947,845 $70,733 $1,018,578
AMY ADELMAN Interim SVP General Counsel 65.0
Officer
$658,542 $51,014 $709,556
BELVA WHITE VP of Finance and Treasury 60.0
Officer
$496,342 $63,226 $559,568
Brad Slutsky SVP General Counsel 60.0
Officer
$0 $0 $0
CHRISTOPHER AUGOSTINI See Schedule J, Part III 65.0
Officer
$2,848,733 $359,028 $3,207,761
DELBRIDGE KING VP - Human Resources 60.0
Officer
$410,330 $55,705 $466,035
John Ellis Interim Chief Information Officer; Sr Vice Provost for Information Technology 60.0
Officer
$456,680 $66,688 $523,368
Joon S Lee MD CEO, Emory Healthcare 35.0
Officer
$0 $320,856 $2,815,716
Pimolrat Thukral VP of Finance & Treasury; Deputy CFO 60.0
Officer
$0 $0 $0
RAVI BELLAMKONDA Provost/Exec VP, Acad Affairs 65.0
Officer
$1,061,864 $201,476 $1,263,340
Ravi Thadhani MD MPH See Schedule J, Part III 65.0
Officer
$5,080,604 $66,575 $5,787,179
SRINIVAS PULAVARTI VP-Chief Investment Officer 60.0
Officer
$3,246,557 $51,305 $3,297,862
THERESA MILAZZO VP - Human Resources 60.0
Officer
$423,830 $43,828 $467,658
Adam C Webb MD COO EUHM 60.0
Key Emp
$423,213 $157,442 $724,060
Alistair Erskine MD MBAFAMIA Chief Information and Digital Officer (EHC) 30.0
Key Emp
$2,167,983 $239,069 $2,622,052
BRADLEY HAWS CFO Emory Healthcare 30.0
Key Emp
$0 $47,504 $1,692,031
BRYCE GARTLAND MD Hospital Group President EHC 35.0
Key Emp
$0 $264,688 $2,801,137
CARLA CHANDLER Hospital Group VP & CFO (EHC) 30.0
Key Emp
$0 $20,809 $678,227
CARLA FREEMAN Interim Dean - Emory College 45.0
Key Emp
$496,831 $51,902 $548,733
CARLOS DEL RIO MD Interim Dean, School of Medicine 60.0
Key Emp
$985,252 $42,674 $1,052,423
DANE PETERSON Interim CEO - EHC 30.0
Key Emp
$0 $494,418 $3,675,234
DANIEL OWENS CEO - Emory University Hospital Midtown 60.0
Key Emp
$1,459,918 $401,190 $2,091,558
DEBORAH BRUNER SVP RESEARCH 60.0
Key Emp
$525,547 $55,899 $581,446
ENKU GELAYE SVP -Dean of Campus Life 60.0
Key Emp
$504,506 $65,484 $569,990
HEATHER HAMBY CBO, SOM/Asc VP, Clin Intgrtn 60.0
Key Emp
$295,060 $54,860 $823,642
JOSHUA R NEWTON SVP - Adv. & Alum. Engagement 65.0
Key Emp
$825,481 $173,494 $998,975
LILICIA BAILEY Chief HR Officer (EHC) 30.0
Key Emp
$0 $132,809 $609,452
MATT WAIN President EHC Univ Hosp Div 30.0
Key Emp
$720,223 $205,601 $1,211,342
PATRICK HAMMOND Chief Market Services Officer, EHC 30.0
Key Emp
$0 $155,860 $1,024,791
Rochester Anderson Jr Chief HR Officer (EHC) 30.0
Key Emp
$0 $122,778 $815,123
SHARON PAPPAS Chief Nursing Officer - EHC 30.0
Key Emp
$0 $122,468 $850,825
VIKAS SUKHATME MD Dean, School of Medicine 45.0
Key Emp
$727,090 $63,263 $1,017,025
WILLIAM BORNSTEIN MD CMO & CQPSO (EHC) 30.0
Key Emp
$0 $168,704 $1,513,846
FAIZ U AHMAD MD Physician 0.0
Highest
$408,986 $76,751 $2,645,406
JOHN M RHEE MD Physician 0.0
Highest
$52 $61,810 $1,972,301
JOHN W XEROGEANES MD Physician 0.0
Highest
$52 $63,049 $2,815,586
PAUL J CHAI MD Physician 0.0
Highest
$0 $49,949 $2,237,000
SHERVIN OSKOUEI MD Physician 0.0
Highest
$28 $62,840 $2,373,462
CLAIRE STERK Former Officer 40.0
$365,630 $42,395 $408,025
DAVID STEPHENS MD Former Interim EVPHA 40.0
$643,588 $40,402 $1,188,775
GREG ANDERSON Former Key Employee 60.0
$337,014 $68,380 $450,055
JAN LOVE Former Officer 60.0
$468,065 $43,745 $511,810
JONATHAN S LEWIN MD Former Officer 40.0
$837,713 $310,198 $2,022,985
LIZ DAUNT-SAMFORD Former Key Employee 60.0
$339,798 $47,182 $432,880
PAUL P MARTHERS Former Officer 45.0
$399,639 $64,329 $463,968
SARA SHOCKLEY Former Key Employee 20.0
$0 $39,288 $403,862
SHEILA SANDERS Former Key Employee 30.0
$0 $17,403 $360,540
STEPHEN D SENCER Former Officer 0.0
$0 $0 $375,000
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
2024 $7,310,968,615 $6,641,688,154 $22,212,258,173 $669,280,461
2023 $6,307,404,920 $6,019,904,381 $20,858,634,955 $287,500,539
2022 $6,366,155,640 $5,454,891,990 $20,137,797,781 $911,263,650
2021 $5,533,550,104 $4,984,531,745 $20,337,113,893 $549,018,359
2020 $4,755,859,486 $4,580,406,497 $16,836,981,124 $175,452,989
2019 $4,745,388,583 $4,386,211,714 $14,816,952,045 $359,176,869
2018 $4,531,249,482 $4,048,263,821 $14,174,398,357 $482,985,661
Explore More Nonprofits
Top 100 Nonprofits in Georgia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Emory University with other nonprofits in Georgia and across the country.