LEBANESE AMERICAN UNIVERSITY

EIN: 986001269 501(c)(3) Education

NEW YORK, NY

Total Revenue
$284,689,357
Total Expenses
$249,994,456
Total Assets
$1,329,284,312
Net Assets
$1,260,734,824
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
NY
Principal Officer
DR CHAOUKI ABDALLAH
Phone
2128702592
Tax Period
2024-09-01 to 2025-08-31

LEBANESE AMERICAN UNIVERSITY, founded in 1950, is a major nonprofit in the Education sector that reported $284.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $250.0M left a modest 12% surplus.

Mission

LEBANESE AMERICAN UNIVERSITY IS COMMITTED TO ACADEMIC EXCELLENCE, STUDENT-CENTEREDNESS, CIVIC ENGAGEMENT, THE ADVANCEMENT OF SCHOLARSHIP, THE EDUCATION OF THE WHOLE PERSON, AND THE FORMATION OF LEADERS IN A DIVERSE WORLD.

Program Service Accomplishments

Program 1
Expenses: $182,580,503 Revenue: $202,314,360

PROVIDES HIGHER EDUCATION TO 7,809 UNDERGRADUATE STUDENTS, 1,000 GRADUATE STUDENTS, AND 275 DOCTORAL-PROFESSIONAL PRACTICE STUDENTS.

Program 2
Expenses: $1,600,227 Revenue: $3,572,272

SERVICES PROVIDED TO STUDENTS AND FACULTY, INCLUDING DORMITORIES, CAFETERIA AND PARKING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $22,770,689
Program Service Revenue $206,094,973
Investment Income $55,429,340
Other Revenue $394,355
TOTAL REVENUE $284,689,357

Expense Breakdown

Grants Paid $81,518,574
Salaries & Benefits $90,944,836
Fundraising Expenses $3,289,584
Program Expenses $184,180,730
Other Expenses $77,531,046
TOTAL EXPENSES $249,994,456

Year-over-Year Comparison

2024 2023 Change
Revenue $284,689,357 $262,151,442 +0.1%
Expenses $249,994,456 $267,942,033 -0.1%
Net Income $34,694,901 $-5,790,591 -7.0%
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
34
Independent Members
34
Employees
155
Volunteers
34

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
13
$7,440,029
Total Directors
34
$0
Key Employees
15
$5,589,062
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR PHILIP STOLTZFUS CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
MR MIKE AHMAR VICE CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
MR GEORGE DOUMET SECRETARY 1.00
Officer Director
$0 $0 $0
MR THOMAS ABRAHAM TRUSTEE 1.00
Director
$0 $0 $0
MRS ZEINA AKAR TRUSTEE 1.00
Director
$0 $0 $0
DR JOHNNY B AWWAD TRUSTEE 1.00
Director
$0 $0 $0
MR RAYMOND DEBBANE TRUSTEE 1.00
Director
$0 $0 $0
MR NIJAD FARES TRUSTEE 1.00
Director
$0 $0 $0
MRS EVA KOTITE FARHA TRUSTEE 1.00
Director
$0 $0 $0
MR TONY N FREM TRUSTEE 1.00
Director
$0 $0 $0
AMBASSADOR EDWARD M GABRIEL TRUSTEE 1.00
Director
$0 $0 $0
MS SARA GANIM TRUSTEE 1.00
Director
$0 $0 $0
MRS SIRINE ABU GHAZALEH TRUSTEE 1.00
Director
$0 $0 $0
MR ELIE HABIB TRUSTEE 1.00
Director
$0 $0 $0
MS YASMINA EUGENIA HADDAD TRUSTEE 1.00
Director
$0 $0 $0
DR ROBERT HARRINGTON TRUSTEE 1.00
Director
$0 $0 $0
MRS SALLAMA BU HAYDAR AL SAYEGH TRUSTEE 1.00
Director
$0 $0 $0
SHEIKH WALID KATIBAH TRUSTEE 1.00
Director
$0 $0 $0
DR MOISE KHAYRALLAH TRUSTEE 1.00
Director
$0 $0 $0
MRS MAY MAKHZOUMI TRUSTEE 1.00
Director
$0 $0 $0
MRS DARLA MOORE TRUSTEE 1.00
Director
$0 $0 $0
MR CHARLES MULLER TRUSTEE 1.00
Director
$0 $0 $0
MRS CHERILYN MURER TRUSTEE 1.00
Director
$0 $0 $0
DR FRANCOIS NADER TRUSTEE 1.00
Director
$0 $0 $0
MR FIRAS ABI NASSIF TRUSTEE 1.00
Director
$0 $0 $0
DRRIAD OBEJI TRUSTEE 1.00
Director
$0 $0 $0
MR GHASSAN M SAAB TRUSTEE 1.00
Director
$0 $0 $0
SHEIKHA INTISAR SALEM AL ALI AL SAB TRUSTEE 1.00
Director
$0 $0 $0
DR H JOHN SHAMMAS TRUSTEE 1.00
Director
$0 $0 $0
DR KAMAL SHEHADI TRUSTEE 1.00
Director
$0 $0 $0
MR PETER TANNOUS TRUSTEE 1.00
Director
$0 $0 $0
DR MOSTAFA TERRAB TRUSTEE 1.00
Director
$0 $0 $0
DR EDMOND D VILLANI TRUSTEE 1.00
Director
$0 $0 $0
REV CURTIS WHITE TRUSTEE 1.00
Director
$0 $0 $0
DR MICHEL ELIAS MAWAD PRESIDENT - PART YEAR 40.00
Officer
$1,380,380 $348,130 $1,728,510
DR CHAOUKI ABDALLAH PRESIDENT 40.00
Officer
$301,715 $42,468 $344,183
DR GEORGE ELIAS NASR PROVOST 40.00
Officer
$412,980 $812,607 $1,225,587
MR ROY FARAJALLAH MAJDALANI VICE PRESIDENT FOR ADMINISTRATION 40.00
Officer
$440,006 $500,878 $940,884
MR CHARLES GEORGE ABOU RJEILY VICE PRESIDENT FOR FINANCE 40.00
Officer
$508,478 $210,936 $719,414
DR ELISE SALEM VICE PRESIDENT, STUDENT DEVELOPMENT 40.00
Officer
$357,500 $313,700 $671,200
DR TONY GEBRAN ZREIK VICE PRESIDENT FOR HEALTH AFFAIRS 40.00
Officer
$326,515 $308,554 $635,069
DR ELIE ANTOINE BADR VICE PRESIDENT FOR BUSINESS DEVELOPMENT 40.00
Officer
$326,515 $102,854 $429,369
DR RIMA ZAITOON VICE PRESIDENT FOR GLOBAL ADVANCEMENT 40.00
Officer
$350,638 $53,675 $404,313
MRGABRIEL SOUHEIL ABIAD VICE PRESIDENT FOR COMMUNICATION & ALUMNI RELATION 40.00
Officer
$287,253 $54,247 $341,500
DR SAMER SAID SAAB DEAN OF GRADUATE STUDIES AND RESEARCH 40.00
Key Emp
$212,885 $286,055 $498,940
DR SOLA KHALIL AOUN BAHOUS DEAN SCHOOL OF MEDICINE 40.00
Key Emp
$254,726 $241,013 $495,739
DR HAIDAR MOHAMMAD HARMANANI DEAN SCHOOL OF ARTS & SCIENCES 40.00
Key Emp
$224,530 $268,209 $492,739
DR ELIE GEORGE HADDAD DEAN SCHOOL OF ARCHITECTURE & DESIGN 40.00
Key Emp
$222,087 $261,700 $483,787
DR SALPIE DJOUNDOURIAN INTERIM DEAN SOB 40.00
Key Emp
$195,912 $263,336 $459,248
DR CONSTANTINE DAHER DEAN OF THE ALICE CHAGOURY SCHOOL OF NURSING 40.00
Key Emp
$154,672 $279,919 $434,591
DR BARBAR JAWAD AKLE EXECUTIVE DIRECTOR FOR NY ACADEMIC CENTER 40.00
Key Emp
$319,165 $104,031 $423,196
MR GEORGES HAMOUCHE ASSISTANT VICE PRESIDENT FACILITY MANAGEMENT 40.00
Key Emp
$203,477 $207,477 $410,954
MR CAMILLE ABOU-NASR ASSISTANT VICE PRESIDENT INFORMATION TECHNOLOGY 40.00
Key Emp
$185,810 $207,810 $393,620
DR MICHEL SAAD KHOURY DEAN OF SCHOOL OF ENGINEERING 40.00
Key Emp
$188,154 $169,684 $357,838
DR NASER ZAKI AL SHARIF DEAN SCHOOL OF PHARMACY 40.00
Key Emp
$248,497 $37,169 $285,666
DR JAMAL BLEIK ASSOCIATE DEAN FOR CLINICAL AFFAIRS 40.00
Key Emp
$222,826 $13,542 $236,368
DRRAED MOHSEN DEAN OF STUDENTS 40.00
Key Emp
$173,664 $40,417 $214,081
DR CHAHINE ASSI CHAIR ORTHOPEDIC SURGERY TRAUMA 40.00
Key Emp
$178,536 $29,453 $207,989
DR VANDA ABI RAAD ASSOCIATE DEAN FACULTY AFFAIRS AND DEVELOPMENT 40.00
Key Emp
$166,063 $28,243 $194,306
DR CAMILLE ISSA PROFESSOR 40.00
Highest
$580,931 $264,133 $845,064
DR SAID LADKI CHAIRPERSON 40.00
Highest
$517,590 $238,783 $756,373
MR DAVID GROSNER SENIOR INVESTMENT OFFICER 40.00
Highest
$526,457 $93,739 $620,196
DR MAZEN TABBARA ASSOCIATE PROFESSOR 40.00
Highest
$260,539 $121,393 $381,932
DR DERVIS KIRIKKALELI ASSOCIATE PROFESSOR 40.00
Highest
$250,702 $55,252 $305,954
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 $284,689,357 $249,994,456 $1,329,284,312 $34,694,901
2024 $262,151,442 $267,942,033 $1,285,614,914 $-5,790,591
2023 $236,064,899 $229,696,949 $1,207,478,232 $6,367,950
2022 $231,730,136 $253,804,770 $1,163,293,353 $-22,074,634
2022 $231,768,581 $253,843,215 $1,163,293,353 $-22,074,634
2021 $246,421,294 $198,645,133 $1,287,287,900 $47,776,161
2020 $212,173,310 $192,951,888 $1,142,686,999 $19,221,422
2019 $229,626,745 $192,893,681 $1,135,204,778 $36,733,064
2018 $226,757,966 $179,729,081 $1,132,174,392 $47,028,885
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