Saint Francis University is located in Loretto, PA. The organization was established in 1970. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Saint Francis University employed 1,392 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Francis 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, Saint Francis University generated $103.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $96.7m during the year ending 06/2021. While expenses have increased by 0.6% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NON-PROFIT EDUCATIONAL INSTITUTION LOCATED IN LORETTO, PENNSYLVANIA.
Describe the Organization's Program Activity:
SAINT FRANCIS UNIVERSITY ("SFU"), FOUNDED IN 1847 BY THE FRANCISCANS OF THE THIRD ORDER REGULAR, IS THE OLDEST FRANCISCAN COLLEGE IN THE NATION. LOCATED IN LORETTO, PA, THE UNIVERSITY IS AN INTEGRAL PART OF THE REGION, PROVIDING HIGHER EDUCATION, CULTURAL EVENTS, PERFORMING ARTS, ATHLETIC COMPETITION, AND NUMEROUS COMMUNITY OUTREACH PROGRAMS FOR CAMBRIA COUNTY AND BEYOND. OVER 98% OF THE UNIVERSITY'S UNDERGRADUATE STUDENTS RECEIVE SOME SORT OF FINANCIAL AID. SFU PROVIDES EDUCATIONAL OPPORTUNITIES TO THE COMMUNITY AND SERVES BOTH TRADITIONAL AND NON-TRADITIONAL STUDENTS. IN ADDITION TO SFU'S MAIN CAMPUS LOCATION IN LORETTO, THE UNIVERSITY CONDUCTS INSTRUCTION AT VARIOUS LOCATIONS IN WESTERN AND CENTRAL PA IN BOTH UNDERGRADUATE AND GRADUATE PROGRAMS. CONTINUED ON "SCHEDULE O".SFU CURRENTLY HAS APPROXIMATELY 1,439 FULL-TIME AND 218 PART-TIME UNDERGRADUATE STUDENTS AND 490 GRADUATE STUDENTS. ALL FULL-TIME UNDERGRADUATE STUDENTS ARE REQUIRED TO PERFORM COMMUNITY SERVICE. SFU ESTIMATES THAT OVER 6,000 HOURS WERE DEDICATED TO SERVICE BY SFU STUDENTS.THE UNIVERSITY'S CENTERS OFFER A WIDE VARIETY OF SERVICES FOR THE AREA: THE SMALL BUSINESS DEVELOPMENT CENTER (SBDC) PROVIDES EXPERTISE IN FINANCING, MARKETING, AND OPERATIONAL MANAGEMENT TO LOCAL BUSINESSES AND ENTREPRENEURS. THESE PROJECTS ARE FUNDED THROUGH FEDERAL AND STATE GRANTS AND SERVICES ARE PROVIDED TO BUSINESSES AT NO COST.THE DOROTHY DAY CENTER SERVES AS THE MAJOR ARM OF OUTREACH FOR THE UNIVERSITY THROUGH FAITH, EDUCATIONAL, AND SOCIAL SERVICES. THE CENTER OFFERS A VARIETY OF ASSISTANCE TO THE ECONOMICALLY DISADVANTAGED, INCLUDING EMERGENCY FINANCIAL AID, FOOD, AND CLOTHING, AS WELL AS DIRECT STUDENT ASSISTANCE THROUGH MANY VOLUNTEER PROGRAMS. MAJOR PROGRAMS INCLUDE THE SMILE AND PLUS-1 PROGRAMS. THESE PROGRAMS USE UNIVERSITY STAFF AND STUDENTS TO WORK WITH ECONOMICALLY DISADVANTAGED YOUTH OF THE AREA, IN THE AREAS OF READING SKILLS, TUTORING, AND OTHER LIFE EXPERIENCE SKILLS.THE UPWARD BOUND CENTER IS A FEDERAL PROGRAM FUNDED BY THE U.S. DEPARTMENT OF EDUCATION AND DESIGNED TO PREPARE LOW INCOME, POTENTIAL FIRST-GENERATION COLLEGE STUDENTS FOR THE RIGORS OF POST-SECONDARY EDUCATION. PROVIDED AT NO COST TO THE PARTICIPANTS, THE PROGRAM OFFERS A WIDE VARIETY OF ACADEMIC, CAREER, AND CULTURAL DEVELOPMENT ACTIVITIES FOR STUDENTS. FROM SEPTEMBER TO MAY, STUDENTS PARTICIPATE IN SATURDAY FOLLOW-UPS HELD ON CAMPUS AND TUTORIALS HELD AFTER SCHOOL IN THEIR COMMUNITIES. ADDITIONAL ACADEMIC YEAR ACTIVITIES INCLUDE COLLEGE VISITS, SAT CRAM SESSIONS, AND COLLEGE FAIRS. DURING THE SIX-WEEK RESIDENTIAL SUMMER PROGRAM, STUDENTS ATTEND FIVE ACADEMIC CLASSES EACH DAY AND PARTICIPATE IN A WIDE VARIETY OF CAREER AND CULTURAL ACTIVITIES. ON AVERAGE, 93% OF UPWARD BOUND STUDENTS GO ON TO COLLEGE IMMEDIATELY AFTER HIGH SCHOOL. AFTER COMPLETING HIGH SCHOOL, 80% OF UPWARD BOUND GRADUATES EARN A COLLEGE DEGREE WITHIN FIVE YEARS.THE UNIVERSITY HOSTS APPROXIMATELY 360 HIGH SCHOOL STUDENTS IN A VARIETY OF ACADEMIC PROGRAMS INCLUDING SCIENCE DAY AND BUSINESS DAY. THESE SERVICES ARE PROVIDED TO PARTICIPANTS AT LITTLE OR NO COST. THEY INCLUDE A DAY OF WORKING WITH VARIOUS UNIVERSITY PROFESSORS, GUEST PROFESSORS, AND STUDENTS TO PRESENT AREA HIGH SCHOOL STUDENTS WITH THE OPPORTUNITY TO EXPERIENCE EXCITING TOPICS IN VARIOUS CONCENTRATIONS. ADDITIONALLY, THE UNIVERSITY HOSTS FORENSIC COMPETITIONS FOR HIGH SCHOOLS IN THE REGION AND WEEK LONG SCIENCE ACADEMIES AND KID SCIENCE CAMPS ALL THROUGH THE SUMMER MONTHS FOR ALL AGE GROUPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward J Timmons Prof. Of Economics/dir. Knee Center | 35 | $185,017 | |
Randy L Frye Dean Of Business | 35 | $171,249 | |
Frank C Montecalvo Edd VP For Student Development | Officer | 35 | $153,747 |
Robert S Krimmel Jr Head Men's Basketball Coach | 35 | $150,209 | |
Jeffrey L Savino VP For Finance And Administration | Officer | 40 | $149,408 |
Robert J Crusciel Jr VP For Advancement | Officer | 40 | $146,554 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Parkhurst Dining Services Dining Services | 6/29/21 | $3,011,622 |
Collegis Education Consulting Services | 6/29/21 | $2,150,510 |
Johnston Mechanical Llc Construction Services | 6/29/21 | $913,320 |
Google Llc Marketing Services | 6/29/21 | $411,755 |
Jenzabar Inc It Services | 6/29/21 | $379,291 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $124,029 |
Related organizations | $0 |
Government grants | $5,245,504 |
All other contributions, gifts, grants, and similar amounts not included above | $5,872,975 |
Noncash contributions included in lines 1a–1f | $207,525 |
Total Revenue from Contributions, Gifts, Grants & Similar | $11,242,508 |
Total Program Service Revenue | $84,263,693 |
Investment income | $956,113 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $18,071 |
Net Rental Income | $8,650 |
Net Gain/Loss on Asset Sales | $3,686,481 |
Net Income from Fundraising Events | -$21,975 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $103,685,117 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $28,475 |
Grants and other assistance to domestic individuals. | $33,788,466 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $537,747 |
Compensation of current officers, directors, key employees. | $226,638 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $27,119,725 |
Pension plan accruals and contributions | $1,063,538 |
Other employee benefits | $6,000,243 |
Payroll taxes | $1,948,016 |
Fees for services: Management | $0 |
Fees for services: Legal | $220,506 |
Fees for services: Accounting | $82,804 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $394,860 |
Fees for services: Other | $5,415,590 |
Advertising and promotion | $693,115 |
Office expenses | $2,432,045 |
Information technology | $793,571 |
Royalties | $0 |
Occupancy | $2,258,627 |
Travel | $839,235 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $51,161 |
Interest | $1,164,470 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,756,487 |
Insurance | $653,618 |
All other expenses | $3,421,210 |
Total functional expenses | $96,682,475 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,175 |
Savings and temporary cash investments | $7,719,447 |
Pledges and grants receivable | $368,362 |
Accounts receivable, net | $2,887,552 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $849,394 |
Inventories for sale or use | $255,011 |
Prepaid expenses and deferred charges | $1,012,512 |
Net Land, buildings, and equipment | $70,670,333 |
Investments—publicly traded securities | $60,710,415 |
Investments—other securities | $2,763,112 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,087,952 |
Total assets | $151,334,265 |
Accounts payable and accrued expenses | $5,267,209 |
Grants payable | $0 |
Deferred revenue | $3,043,558 |
Tax-exempt bond liabilities | $24,514,449 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $5,200,410 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,425,019 |
Total liabilities | $40,450,645 |
Net assets without donor restrictions | $49,562,589 |
Net assets with donor restrictions | $61,321,031 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $151,334,265 |
Over the last fiscal year, Saint Francis University has awarded $49,057 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
LORETTO BOROUGH PURPOSE: CONTRIBUTIONS FOR FINANCIAL SUPPORT | $39,057 |
LORETTO COMMUNITY VOLUNTEER FIRE CO PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $10,000 |
Over the last fiscal year, we have identified 46 grants that Saint Francis University has recieved totaling $1,013,674.
Awarding Organization | Amount |
---|---|
Northeast Conference Bridgewater, NJ PURPOSE: SPORTS SPONSORSHIP GRANT | $422,551 |
E J Scharpf Foundation Old Bridge, NJ PURPOSE: GENERAL PURPOSE SUPPORT | $215,000 |
Knee Family Foundation Indian Wells, CA PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Alleghenies Planning And Development Commission Altoona, PA PURPOSE: VARIOUS | $47,660 |
Woodard & Curran Charitable Foundation Portland, ME PURPOSE: Support for the Center for Watershed Research and Service (CWRS) at St. Francis University. CWRS will improve water quality in the 2,240 acre Kittanning Run watershed in Blair County, PA, an area severely impacted by the legacy acid mine drainage. | $33,333 |
Hale Family Foundation 000623 Shippensburg, PA PURPOSE: SCHOLARSHIP | $28,223 |
Beg. Balance | $50,048,590 |
Earnings | $13,390,376 |
Net Contributions | $4,169,532 |
Grants | $3,267,261 |
Ending Balance | $64,341,237 |
Organization Name | Assets | Revenue |
---|---|---|
Fordham University Bronx, NY | $2,430,141,698 | $953,892,663 |
Rochester Institute Of Technology Rochester, NY | $2,526,196,996 | $1,071,324,345 |
St Johns University New York Jamaica, NY | $1,703,677,283 | $798,473,536 |
University Of Dayton Dayton, OH | $1,782,604,426 | $747,930,230 |
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Rockefeller University New York, NY | $4,263,008,941 | $535,346,959 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,538,245,078 | $606,887,297 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Seton Hall University South Orange, NJ | $890,349,000 | $473,034,000 |