Fresno Pacific University

EIN: 941021164 501(c)(3)

Fresno, CA

Total Revenue
$77,485,073
Total Expenses
$88,075,929
Total Assets
$83,558,003
Net Assets
$45,360,379
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Financial Trends

Organization Details

Formation Year
1944
Legal Domicile
CA
Phone
5594532000
Tax Period
2023-07-01 to 2024-06-30

Fresno Pacific University, founded in 1944, is a mid-sized nonprofit that reported $77.5M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $88.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

The University is the Central Valley's only accredited Christian University, offering leading academic programs and ethical and spiritual development through traditional bachelor's degree, adult degree completion, master's, certificate, and credentialing programs.

Program Service Accomplishments

Program 1
Expenses: $60,898,935 Revenue: $60,833,261

Fresno Pacific University offers 89 areas of study through degrees, credentials and certificates. Including traditional and adult programs, this translates to 40 for undergraduates and 37 for...

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Fresno Pacific University offers 89 areas of study through degrees, credentials and certificates. Including traditional and adult programs, this translates to 40 for undergraduates and 37 for graduate students in two schools - The School of Natural Sciences and Graduate and Professional Schools. The university serves nearly 3,000 students on campuses in Southeast Fresno and North Fresno, Visalia and Bakersfield as well as many fully online programs. In addition to business/leadership and many education programs and credentials, psychology, pre-health sciences, nursing and social work are growing programs. Most students are from Central California and represent its rich diversity of culture, ethnicity and religious affiliation. Many are the first in their families to attend a university, and 98 percent receive financial aid. All receive an education that stresses solid academics and strong ethics. FPU has the region's highest four-year graduation rate, and is one of the top 10 Hispanic Serving Institutions 10 nationally in graduating Hispanic students. The Valley's only comprehensive Christian university granting master's degrees, FPU is affiliated with the Mennonite Brethren Church, accredited by the Western Association of Schools and Colleges and ranked in the top tier of its category by U.S. News & World Report.

Program 2
Expenses: $6,995,712 Revenue: $6,539,146

In addition to quality academics, Fresno Pacific University is committed to providing its students with valuable services and formative experiences. The Student Life Division provides information...

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In addition to quality academics, Fresno Pacific University is committed to providing its students with valuable services and formative experiences. The Student Life Division provides information, opportunities, and services that aid the holistic development of students and their ability to succeed in careers and graduate programs. Services include counseling, career development, disability services, health services, academic services, residence life, commuter life, housing, leadership and spiritual development. The College Hour chapel program and outreach ministries, operated by the Office of Spiritual Formation, also enhance students' potential as vital members of society and the kingdom of God.

Program 3
Expenses: $2,754,038 Revenue: $59,808

Fresno Pacific University serves approximately 5,500 students annually through the Office of Continuing Education. Programs are available online, through customized corporate training...

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Fresno Pacific University serves approximately 5,500 students annually through the Office of Continuing Education. Programs are available online, through customized corporate training, correspondence, and workshops/seminars. Courses and certificates are graduate-level, professional development units primarily used for professional advancement, rather than toward academic credit or a degree. Educators, nurses, grant writers, counselor and professionals in human resources, marketing and business management are among those who have benefited from continuing education through FPU.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,305,207
Program Service Revenue $67,432,215
Investment Income $722,557
Other Revenue $25,094
TOTAL REVENUE $77,485,073

Expense Breakdown

Grants Paid $19,164,309
Salaries & Benefits $44,232,396
Fundraising Expenses $1,768,228
Program Expenses $70,648,685
Other Expenses $24,679,224
TOTAL EXPENSES $88,075,929

Year-over-Year Comparison

2023 2022 Change
Revenue $77,485,073 $88,122,677 -0.1%
Expenses $88,075,929 $83,903,545 +0.0%
Net Income $-10,590,856 $4,219,132 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
28
Independent Members
28
Employees
1371
Volunteers
28

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
5
$476,102
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ed Eng Trustee, Secretary 0.5
Officer Director
$0 $0 $0
Joshua Wilson Trustee, Chair 1.0
Officer Director
$0 $0 $0
Royce Fast Trustee, Vice Chair/Treasurer, Chair/Budget,Finance, and Facilities Committee 1.0
Officer Director
$0 $0 $0
Aaron Wiens Trustee, Chair, Enrollment Committee 1.0
Director
$0 $0 $0
Arthur Klassen Trustee 0.5
Director
$0 $0 $0
Charlie Rivoire Trustee 0.5
Director
$0 $0 $0
Chris Bennett Trustee 0.5
Director
$0 $0 $0
Deborah Taylor Trustee 0.5
Director
$0 $0 $0
Dennis Fast Trustee 0.2
Director
$0 $0 $0
Don Warkentine Trustee 1.0
Director
$0 $0 $0
Garry Prieb Trustee 0.5
Director
$0 $0 $0
James Parks Trustee 0.5
Director
$0 $0 $0
Jason Ekk Trustee 0.5
Director
$0 $0 $0
Jordan Ringhofer Trustee, Chair, Board Development Committee 0.5
Director
$0 $0 $0
Kelsey Penner-Mattox Trustee 0.5
Director
$0 $0 $0
Larry Powell Trustee, Chair, Advancement Committee 0.5
Director
$0 $0 $0
Linda Montemayor Trustee 0.5
Director
$0 $0 $0
Mark Fowler Trustee 0.5
Director
$0 $0 $0
Mark Isaac Trustee 0.5
Director
$0 $0 $0
Matthew Harder Trustee 0.1
Director
$0 $0 $0
Nichole Mosqueda Trustee 0.5
Director
$0 $0 $0
Nicolas Allen Trustee, Chair Audit Committee, Chair, Campus Life Committee 1.0
Director
$0 $0 $0
Randy Reiswig Trustee 0.5
Director
$0 $0 $0
Ronald Smith Trustee, Chair, Seminary Committee 1.0
Director
$0 $0 $0
Teshome Dubale Trustee 0.5
Director
$0 $0 $0
Timothy Geddert Trustee 0.5
Director
$0 $0 $0
Will Dyck Trustee and Executive Board Member 0.5
Director
$0 $0 $0
Xavier Pina Trustee, Chair, Academic Committee 1.0
Director
$0 $0 $0
Andre Stephens University President 40.0
Officer
$258,493 $39,351 $297,844
Robert Lippert VP- Finance & Bus. Affairs 40.0
Officer
$162,089 $16,169 $178,258
Angel Krause Faculty 40.0
Highest
$136,612 $12,938 $149,550
Michelle Bradford Faculty 40.0
Highest
$125,079 $14,084 $139,163
Sarah Johnson Faculty 40.0
Highest
$127,000 $10,229 $137,229
Sherri Hughes Interim Provost 40.0
Highest
$137,714 $2,778 $140,492
Tara Sirvent Faculty 40.0
Highest
$122,851 $22,072 $144,923
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 $77,485,073 $88,075,929 $83,558,003 $-10,590,856
2023 $88,122,677 $83,903,545 $90,600,310 $4,219,132
2022 $92,044,682 $87,479,226 $61,382,484 $4,565,456
2021 $83,753,327 $76,416,072 $60,393,077 $7,337,255
2020 $88,457,100 $81,659,606 $49,712,152 $6,797,494
2019 $83,814,000 $79,486,750 $43,933,738 $4,327,250
2018 $85,390,659 $74,879,327 $47,063,243 $10,511,332
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