Andrews Academy is located in Berrien Springs, MI. The organization was established in 1947. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 04/2023, Andrews Academy employed 2,492 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Andrews Academy 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 04/2022, Andrews Academy generated $91.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $85.4m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jay Johnson Professor Of Engineering Au | 40 | $193,503 | |
Christon Arthur Provost, Andrews University | Officer | 40 | $160,511 |
Andrea Luxton President, Andrews University | Officer | 40 | $158,199 |
Glenn A Meekma Jr VP Finance, Andrews University | Officer | 40 | $138,712 |
Tony Yang VP Strategy Marketing & Enrollment Cco | Officer | 40 | $118,417 |
Frances Faehner Vice President, Student Life, Andrews University | Officer | 40 | $102,134 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pan De Vida International Tour Direction | 4/29/20 | $183,300 |
Tremco Tuckpointing | 4/29/20 | $132,855 |
Ebsco Information Services Library Subscription Services | 4/29/20 | $290,777 |
Bon Appetit Food Service Management | 4/29/20 | $2,045,561 |
Mcls Midwest Collaborative For Library Svc Library Retrieval Services | 4/29/20 | $388,582 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $13,322,358 |
Government grants | $3,079,514 |
All other contributions, gifts, grants, and similar amounts not included above | $8,928,864 |
Noncash contributions included in lines 1a–1f | $9,619 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,330,736 |
Total Program Service Revenue | $57,837,175 |
Investment income | $2,351,184 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $207,721 |
Net Gain/Loss on Asset Sales | $1,296,355 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $114,086 |
Miscellaneous Revenue | $0 |
Total Revenue | $91,457,423 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,023,894 |
Compensation of current officers, directors, key employees. | $1,023,894 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $31,346,672 |
Pension plan accruals and contributions | $2,468,167 |
Other employee benefits | $10,220,922 |
Payroll taxes | $2,276,329 |
Fees for services: Management | $0 |
Fees for services: Legal | $75,678 |
Fees for services: Accounting | $70,247 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,595,938 |
Advertising and promotion | $671,991 |
Office expenses | $3,045,900 |
Information technology | $1,763,942 |
Royalties | $38,393 |
Occupancy | $5,064,259 |
Travel | $1,688,056 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $88,564 |
Interest | $638,456 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,416,622 |
Insurance | $760,572 |
All other expenses | $2,083,789 |
Total functional expenses | $85,426,550 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,760,431 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $160,922 |
Accounts receivable, net | $10,591,437 |
Loans from Officers, Directors, or Controlling Persons | $19,972 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,226,568 |
Inventories for sale or use | $1,886,298 |
Prepaid expenses and deferred charges | $1,975,861 |
Net Land, buildings, and equipment | $106,798,666 |
Investments—publicly traded securities | $11,205,998 |
Investments—other securities | $74,209,811 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $922,450 |
Total assets | $217,758,414 |
Accounts payable and accrued expenses | $12,705,478 |
Grants payable | $0 |
Deferred revenue | $1,266,491 |
Tax-exempt bond liabilities | $10,512,467 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $9,714,469 |
Unsecured mortgages and notes payable | $1,424,527 |
Other liabilities | $7,050,003 |
Total liabilities | $42,673,435 |
Net assets without donor restrictions | $93,281,463 |
Net assets with donor restrictions | $81,803,516 |
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 | $217,758,414 |