Point Loma Nazarene University

EIN: 951644035 501(c)(3) Education

San Diego, CA

Total Revenue
$187,333,231
Total Expenses
$182,120,635
Total Assets
$252,340,054
Net Assets
$162,284,021
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1918
Legal Domicile
CA
Phone
6198492200
Tax Period
2023-07-01 to 2024-06-30

Point Loma Nazarene University, founded in 1918, is a major nonprofit in the Education sector that reported $187.3M in total revenue in fiscal year 2023.

Mission

Non-profit Christian university.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,665,974
Program Service Revenue $175,983,576
Investment Income $3,488,670
Other Revenue $195,011
TOTAL REVENUE $187,333,231

Expense Breakdown

Grants Paid $43,339,548
Salaries & Benefits $81,740,858
Fundraising Expenses $1,839,566
Program Expenses $132,931,831
Other Expenses $57,024,229
TOTAL EXPENSES $182,120,635

Year-over-Year Comparison

2023 2022 Change
Revenue $187,333,231 $177,988,756 +0.1%
Expenses $182,120,635 $173,346,232 +0.1%
Net Income $5,212,596 $4,642,524 +0.1%
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
25
Independent Members
23
Employees
2440
Volunteers
25

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
$716,955
Total Directors
27
$441,097
Key Employees
2
$561,089
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Pierce Chair 1.0
Officer Director
$0 $0 $0
Rick Power Vice Chair 1.0
Officer Director
$0 $0 $0
Robert Brower President 40.0
Officer Director
$391,220 $49,877 $441,097
Steve Swartz Secretary 1.0
Officer Director
$0 $0 $0
Albert Hung Trustee 1.0
Director
$0 $0 $0
Ben Lopez Trustee 1.0
Director
$0 $0 $0
Dan Chung Trustee 1.0
Director
$0 $0 $0
Dan Spaite Trustee 1.0
Director
$0 $0 $0
Daryl C Nicholson Trustee 1.0
Director
$0 $0 $0
Gary Smee Trustee 1.0
Director
$0 $0 $0
Jan Stone Trustee 1.0
Director
$0 $0 $0
Jonna Knox Schengel Trustee 1.0
Director
$0 $0 $0
Jose Hernandez Trustee 1.0
Director
$0 $0 $0
Kim Alexander Trustee (part year) 1.0
Director
$0 $0 $0
Kordell Kekoa Trustee 1.0
Director
$0 $0 $0
LaDonna Crabb Trustee 1.0
Director
$0 $0 $0
Larry Fry Trustee 1.0
Director
$0 $0 $0
Lawrence Lacher Trustee 1.0
Director
$0 $0 $0
Mark Lehman Trustee 1.0
Director
$0 $0 $0
Matt Robertson Trustee (part year) 1.0
Director
$0 $0 $0
Mendell Thompson Trustee 1.0
Director
$0 $0 $0
Moises Champo Trustee 1.0
Director
$0 $0 $0
Nell Becker Sweeden Trustee 1.0
Director
$0 $0 $0
Rene Bravo Trustee 1.0
Director
$0 $0 $0
Rob Songer Trustee 1.0
Director
$0 $0 $0
Steve Heap Trustee 1.0
Director
$0 $0 $0
Travis Marshall Trustee 1.0
Director
$0 $0 $0
Joseph D LaLuzerne VP of Finance 40.0
Officer
$216,201 $59,657 $275,858
Jeff Bolster VP of University Services 40.0
Key Emp
$161,700 $111,882 $273,582
Kerry Fulcher Provost 40.0
Key Emp
$238,780 $48,727 $287,507
Corey Fling Chief Information Officer 40.0
Highest
$176,117 $16,327 $192,444
Daniel Bothe Department Chair 40.0
Highest
$187,745 $25,583 $213,328
Holly Irwin Vice Provost 40.0
Highest
$163,637 $37,296 $200,933
Jim Daichendt Vice Provost 40.0
Highest
$168,337 $36,892 $205,229
Maria Zack Department Chair 40.0
Highest
$185,751 $16,282 $202,033
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 $187,333,231 $182,120,635 $252,340,054 $5,212,596
2023 $177,988,756 $173,346,232 $261,740,068 $4,642,524
2022 $169,725,764 $159,137,421 $249,479,852 $10,588,343
2021 $157,429,436 $144,039,346 $230,972,693 $13,390,090
2020 $151,214,169 $144,325,553 $199,779,876 $6,888,616
2019 $151,760,230 $140,776,069 $195,131,706 $10,984,161
2018 $143,674,413 $133,159,364 $183,595,272 $10,515,049
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