Fort Lauderdale, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Nova Southeastern University Inc, founded in 1964, is a large national nonprofit in the Education sector that reported $1.0B in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $957.7M left a modest 6% surplus.
The mission of NSU - a selective, doctoral research university - is to deliver innovative academic programs in a dynamic, lifelong learning and research environment fostering integrity, academic excellence, (continued on Schedule O)leadership, and community service through engaged students, faculty, and staff.
Instructional Services: Nova Southeastern University (NSU) offers undergraduate degrees, graduate and first professional degrees, and certificate programs to more than 20,000 full-time and part-time...
Instructional Services: Nova Southeastern University (NSU) offers undergraduate degrees, graduate and first professional degrees, and certificate programs to more than 20,000 full-time and part-time students in a wide range of fields, including the humanities, biological and environmental sciences, business, counseling, computer and information sciences, conflict resolution, education, family therapy, medicine, dentistry, various other health professions, law, marine science, performing and visual arts, psychology, and other social sciences. In addition to the main Fort Lauderdale/Davie and Oceanographic Campuses in South Florida, courses are taught at 9 regional campuses located across Florida, Puerto Rico, and Colorado; (continued on Schedule O)and at limited sites in other states and foreign countries. NSU has 15 colleges and schools : Abraham S. Fischler College of Education and School of Criminal Justice; College of Dental Medicine; College of Computing and Engineering; College of Optometry; Barry and Judy Silverman College of Pharmacy; College of Psychology; Dr. Kiran C. Patel College of Allopathic Medicine; Dr. Kiran C. Patel College of Osteopathic Medicine; Dr. Pallavi Patel College of Health Care Sciences; Farquhar Honors College; H. Wayne Huizenga College of Business and Entrepreneurship; Halmos College of Arts and Sciences; Ron and Kathy Assaf College of Nursing; Shepard Broad College of Law; and the NSU University School. In fall 2023, NSU welcomed its largest undergraduate class with 2,029 first-time-in-college freshmen. In line with NSU's strategic expansion of undergraduates, overall undergraduate enrollment has steadily increased, growing 47 percent over the last five years to 7,219 in fall 2023. The expansion of HPD's medical professional programs, D.O. and M.D., drove the overall 20 percent increase in NSU's professional-level enrollment over the past five years. NSU is the largest educator of physicians in Florida and is one of only four universities in the United States to offer both a D.O. and M.D. program, and the first and only university in the state of Florida to grant both degrees. NSU graduated more than 400 physicians (D.O. and M.D. graduates combined) in each of the past two fiscal years, meeting a critical need in the health care industry. The increase in the undergraduate population coupled with increasing professional-level enrollments in the HPD, have helped to offset graduate enrollment declines in certain programs which are reflective of changes in the economy and educational demands in particular areas. In these areas, the university has implemented specific strategies to right-size resources and program offerings. Strategic action steps have also been taken in recruitment, admission, retention, and marketing efforts through enhanced communication plans, increased personal outreach to students, and increased faculty engagement in recruitment efforts. NSU has leveraged and supported its strengths in graduate and professional education while growing its undergraduate population. For example, the university's distinctive Dual Admission Program provides highly motivated undergraduate students with the opportunity to reserve a seat in selective graduate/professional programs while earning their bachelor's degree. This unique program has continued to attract academically highly qualified students, supporting strategic goals for enhanced student quality, experience, and outcomes. Other examples include the Abraham S. Fischler College of Education's Fischler Academy, an elite teacher preparation program, and the H. Wayne Huizenga College of Business and Entrepreneurship's Huizenga Business Innovation Academy. These academy programs allow first-time-in-college students to earn both their bachelor's and master's degrees in just four years.
Academic Support: Programs include the NSU library system, computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional...
Academic Support: Programs include the NSU library system, computer services, museum of art operations, student education center operations and maintenance of facilities dedicated to instructional activities. The university library system is composed of the Alvin Sherman Library, Research, and Information Technology Center; the Health Professions Division Library; the Law Center Library; the Oceanography Library; and the NSU University School Media Center. The 325,000-square-foot Alvin Sherman Library, Research, and Information Technology Center is a joint-use facility with the Broward County Board of County Commissioners. The facility contains electronic classrooms, group-study rooms, a large collaborative study room, a cafe, and (continued on Schedule O)service desks with staff trained and ready to serve library users.NSU Health's state-of-the art dental clinic at the Tampa Bay Regional Campus completed its first year of operations, treating patients in more than 6,000 individual visits during fiscal 2024. The clinic supports the College of Dental Medicine's expansion of its D.M.D. program to Tampa Bay, with its third cohort admitted in May 2024, for a total of 107 international dental students enrolled in Tampa Bay as of June 30, 2024. Fiscal 2024 also included noteworthy facilities projects, enhancing student experiences through technology and innovation. Examples include the spring 2024 opening of the Jerry Taylor and Nancy Bryant Trading Floor, an advanced educational space supporting hands-on experience in conducting research and managing a range of investments for H. Wayne Huizenga College of Business and Entrepreneurship students. The NSU University School's innovation lab was substantially completed (opening fall 2024), featuring a cutting-edge hub dedicated to robotics, exploration, experimentation, and fabrication for NSU's 2,000+ preschool through grade 12 students. The lab complements NSU's Alan B. Levan | NSU Broward Center of Innovation (the Levan Center of Innovation), which opened in fiscal 2022 and is one of the largest of its kind in the nation, featuring emerging technology supporting innovation and entrepreneurship.
Auxiliary Enterprises: Nova Southeastern University's NSU Health is a patient centric, integrated health care network built on a foundation of education, research, and the highest quality patient...
Auxiliary Enterprises: Nova Southeastern University's NSU Health is a patient centric, integrated health care network built on a foundation of education, research, and the highest quality patient care.NSU Health has many outpatient facilities and provides care in medical, dental, optometry, pharmacy, and mental health services, including family therapy. There are also specialty services available, such as audiology, occupational therapy, physical therapy, and speech language pathology. In addition to the health care facilities on the Fort Lauderdale/Davie Campus, NSU Health provides services to the surrounding community. (continued on Schedule O)NSU has numerous residence halls on the main campus that serve its students. The residence halls are living/learning centers that provide an environment conducive to student success.The Don Taft University Center is a more than 325,000-square-foot facility featuring three NCAA competition courts, group fitness and instruction rooms, cardio and weight training areas, squash courts, a rock climbing wall, and the Flight Deck Pub. The Performing and Visual Arts Wing of the Don Taft University Center includes state-of-the-art classrooms and facilities that support the art, dance, music, and theatre majors of the Department of Communication, Media, and the Arts (DCMA) at the Halmos College of Arts and Sciences.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,024,052,079 | $937,818,588 | +0.1% |
| Expenses | $957,673,254 | $886,692,937 | +0.1% |
| Net Income | $66,378,825 | $51,125,651 | +0.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| George L Hanbury II PhD | President/Chief Executive Officer | 37.50 |
Officer
Director
|
$1,330,212 | $551,837 | $1,882,049 |
| Ronald G Assaf | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Walter L Banks Sr | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Mitchell W Berger | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Rita Case | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Suzi Cordish | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| R Douglas Donn | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| James Donnelly | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| Arthur J Falcone | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Steven J Halmos | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| Carol Harrison Kalagher | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Milton L Jones Jr | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Barbara Trebbi Landry | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Alan B Levan | Trustee | 7.75 |
Director
|
$0 | $0 | $0 |
| Nell McMillan Lewis | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Albert J Miniaci | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| Samuel F Morrison | Secretary | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| Anthony N Ottaviani | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| Charles L Palmer | Chair | 5.00 |
Director
|
$0 | $0 | $0 |
| Kiran C Patel | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| George Platt | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| Martin R Press | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Paul M Sallarulo | Trustee | 1.50 |
Director
|
$0 | $0 | $0 |
| Barry J Silverman | Vice Chair | 2.00 |
Director
|
$0 | $0 | $0 |
| J Kenneth Tate | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Zachariah P Zachariah | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Zager | Trustee | 2.50 |
Director
|
$0 | $0 | $0 |
| Harry K Moon | Exec VP & COO | 37.50 |
Officer
|
$567,380 | $54,184 | $621,564 |
| Alyson Silva | VP Finance & CFO | 37.50 |
Officer
|
$396,442 | $59,283 | $455,725 |
| Elaine M Wallace | Dean - Coll of Osteopathic Medicine | 37.50 |
Key Emp
|
$728,530 | $50,330 | $778,860 |
| Ronald Chenail | Provost/Exec VP Acad Affairs | 37.50 |
Key Emp
|
$473,182 | $54,420 | $527,602 |
| Guy Nehrenz | Interim Dean-Coll of Hlth Care Scs | 37.50 |
Key Emp
|
$244,658 | $45,916 | $290,574 |
| Stanley Wilson | Interim Dean-Coll of Hlth Care Scs | 37.50 |
Key Emp
|
$222,312 | $43,866 | $266,178 |
| Daniel Alfonso | VP Facilities Management | 37.50 |
Key Emp
|
$348,245 | $48,467 | $396,712 |
| Johannes G Vieweg | Dean - Coll Of Allopathic Medicine | 37.50 |
Highest
|
$707,312 | $54,557 | $761,869 |
| Steven Kaltman | Dean - Coll of Dental Medicine | 37.50 |
Highest
|
$434,323 | $53,148 | $487,471 |
| Ray Ferrero | University Chancellor | 37.50 |
Highest
|
$404,929 | $57,417 | $462,346 |
| Brad Williams | Snr VP Enrollment Mmgmt & Stud Affrs | 37.50 |
Highest
|
$458,710 | $43,887 | $502,597 |
| Robert Pietrykowski | VP Human Resources | 37.50 |
Highest
|
$394,413 | $29,512 | $423,925 |
| Frederick Lippman | Former Key Employee | 37.50 |
|
$289,062 | $30,716 | $319,778 |
| Irving Rosenbaum | Former Key Employee | 37.50 |
|
$302,494 | $40,769 | $343,263 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,024,052,079 | $957,673,254 | $2,090,842,277 | $66,378,825 |
| 2023 | $937,818,588 | $886,692,937 | $1,990,847,965 | $51,125,651 |
| 2022 | $878,104,649 | $811,108,948 | $1,951,921,009 | $66,995,701 |
| 2021 | $836,787,691 | $747,310,890 | $1,812,347,063 | $89,476,801 |
| 2020 | $777,842,794 | $753,646,826 | $1,601,599,606 | $24,195,968 |
| 2019 | $732,703,021 | $703,706,589 | $1,546,343,253 | $28,996,432 |
| 2018 | $765,461,217 | $674,797,007 | $1,441,984,594 | $90,664,210 |
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