Neumann University

Organization Overview

Neumann University is located in Aston, PA. The organization was established in 1965. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Neumann University employed 924 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Neumann University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Neumann University generated $77.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $72.2m during the year ending 06/2021. While expenses have increased by 0.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN AND OPERATE A COLLEGE FOR THE LIBERAL EDUCATION OF MEN AND WOMEN.

Describe the Organization's Program Activity:

NEUMANN UNIVERSITY IS A PRIVATE, CATHOLIC, FRANCISCAN, CO-EDUCATIONAL UNIVERSITY.FALL ENROLLMENT (FULL TIME AND PART TIME) FOR 2021 WAS 2,212 STUDENTS PURSUING UNDERGRADUATE AND GRADUATE DEGREES. THE UNIVERSITY OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN A BROAD RANGE OF SUBJECTS. GRADUATE DEGREES INCLUDE THREE DOCTORAL PROGRAMS AND SIX MASTER OF SCIENCE PROGRAMS. STUDENT ACTIVITIES INCLUDE NUMEROUS CLUB ACTIVITIES, ART AND MUSICAL GROUPS, AND NINETEEN SPORTS TEAMS.CONTINUED ON SCHEDULE O.FACULTY AND STUDENTS HAVE BEEN RECOGNIZED BY MANY ORGANIZATIONS FOR THEIR RESPECTIVE CONTRIBUTIONS TO ACADEMIC EXCELLENCE AND COMMUNITY SERVICE. DURING THE YEAR ENDED JUNE 30, 2021, THE UNIVERSITY PROVIDED STUDENTS WITH FINANCIAL AID FROM INTERNAL RESOURCES OF APPROXIMATELY $21,339,000 WHICH REPRESENTED ABOUT 38% OF GROSS TUITION AND FEE REVENUE FOR THE YEAR.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aramark
Facility Services & Construction Managem
$1,168,937
Classic Kitchens
Renovations
$1,211,800
Kovatch Landscaping
Landscaping Services
$292,456
Sunstates Security Llc
Campus Security Services
$1,336,042
Sodexo Operations Llc
Food Services
$1,653,200
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$116,131
Related organizations$0
Government grants $10,391,368
All other contributions, gifts, grants, and similar amounts not included above$1,769,345
Noncash contributions included in lines 1a–1f $502
Total Revenue from Contributions, Gifts, Grants & Similar$12,276,844
Total Program Service Revenue$62,109,212
Investment income $908,219
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,489,887
Net Income from Fundraising Events $8,700
Net Income from Gaming Activities $6,290
Net Income from Sales of Inventory $573,181
Miscellaneous Revenue$0
Total Revenue $77,704,175

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Neumann University has recieved totaling $736,884.

Awarding OrganizationAmount
Goals And Assists Foundation

Philadelphia, PA

PURPOSE: SCHOLARSHIPS

$500,000
Society Of The Friendly Sons Of St Patrick For Emigrants Ireland

Newtown Square, PA

PURPOSE: SCHOLARSHIP SUPPORT

$130,000
Independence Blue Cross Foundation

Philadelphia, PA

PURPOSE: UNDERGRADUATE NURSING SCHOLARSHIPS (NURSES FOR TOMORROW)

$54,065
Charlotte W Newcombe Foundation

Princeton, NJ

PURPOSE: MATURE STUDENTS SCHOLARSHIPS

$33,000
International Brotherhood Of Electrical Workers

Boothwyn, PA

PURPOSE: FINANCIAL SUPPORT

$6,200
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$34,356,239
Earnings$9,022,513
Net Contributions$235,181
Other Expense$973,602
Grants$546,500
Ending Balance$42,093,831

Peer Organizations

Organization NameAssets
Nazareth College Of Rochester
Rochester, NY
$122,635,159
Goucher College
Baltimore, MD
$93,748,228
Cooper Union For The Advancement Of Science And Art
New York, NY
$135,635,048
Ohio Wesleyan University
Delaware, OH
$119,149,215
St Francis College
Brooklyn, NY
$89,705,791
Utica University
Utica, NY
$105,142,781
College Of Mount Saint Vincent
Riverdale, NY
$110,010,056
Lebanon Valley College
Annville, PA
$104,612,783
Seton Hill University
Greensburg, PA
$99,847,300
Wittenberg College Board Of Directors
Springfield, OH
$89,178,248
Juniata College
Huntingdon, PA
$100,031,718
Washington And Jefferson College
Washington, PA
$82,152,318

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