Delaware State University
- Assets
- $471.2m
- Revenue
- $212.9m
- Investments
- $6.2m
- Employees
- 2,033
- Location
- Dover, DE
- Founding
- 04/1992
- Data as of
- 06/2021
- EIN
- 51-0305893
Organization Overview
Delaware State University is located in Dover, DE. The organization was established in 1992. 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, Delaware State University employed 2,033 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware State 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, Delaware State University generated $212.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $202.6m during the year ending 06/2021. While expenses have increased by 4.7% 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.
Since 2015, Delaware State University has awarded 70 individual grants totaling $16,617,781. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DELAWARE STATE UNIVERSITY IS A PUBLIC INSTITUTION THAT OFFERS OPPORTUNITY TO DIVERSE POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DELAWARE STATE UNIVERSITY IS A PREEMINENT INSTITUTION OF HIGHER LEARNING THAT PROVIDES A LIBERAL ARTS EDUCATION. SOME STATISTICS ABOUT THE UNIVERSITY, AT A GLANCE: 46 UNDERGRADUATE DEGREE PROGRAMS, 21 MASTER'S DEGREE PROGRAMS, AND 6 DOCTORAL DEGREE PROGRAMS, ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION, AS WELL AS ACCREDITED OR APPROVED BY NINE SPECIALIZED ACADEMIC ACCREDITING AGENCIES. WILLIAM C. JASON LIBRARY INCLUDES A COLLECTION OF 254,909 PRINTED VOLUMES, 103 ELECTRONIC DATABASES, 29,992 ELECTRONIC JOURNALS, 332,340 ELECTRONIC BOOKS, ACCESS TO 4,620 STREAMING-MEDIA CONTENT, FOR A TOTAL HOLDING OF 636,449 PUBLICATIONS. FACULTY PROFILE: 234 FACULTY MEMBERS WITHIN 17 ACADEMICS DEPARTMENTS. 196 FACULTY MEMBERS POSSESS A PHD OR A TERMINAL DEGREE (TERMINAL MASTERS OF FLIGHT CAPTAIN). (CONTINUED ON SCH O.)THE STUDENT-TO-FACULTY RATIO IS 16:1. TOTAL ENROLLMENT IS 5,649 - 79% FULL-TIME, 21% PART-TIME, 45% LIVE ON CAMPUS, 55% COMMUTE. THE TOP PROGRAMS BASED ON DEGREES AWARDED ARE: PSYCHOLOGY, MASS COMMUNICATION, CRIMINAL JUSTICE, MANAGEMENT, BIOLOGY, AND SOCIAL WORK.
THE MISSION OF THE OFFICE OF THE ASSOCIATE PROVOST FOR RESEARCH (OAPR) IS "TO PROVIDE THOSE INDIVIDUALS WHO ARE ADMITTED QUALITY RESEARCH OPPORTUNITIES AND EXPERIENCES THAT ARE CONSISTENT WITH THE OVERALL UNIVERSITY COMMITMENT." THE RESEARCH DIVISION IS ALSO RESPONSIBLE FOR MAINTAINING AN INFRASTRUCTURE WITHIN A SUPPORTIVE ENVIRONMENT THAT ENCOURAGES BOTH FACULTY AND STUDENTS TO PRODUCE RESEARCH WITH RESULTS THAT ARE MAKING OUR WORLD BETTER EVERY DAY. PRESTIGIOUS RESEARCH PROJECTS UNDERWAY BY DWU FACULTY MEMBERS SERVE TO ENHANCE DSU'S LAND-GRANT MISSION AND ITS CONTRIBUTIONS TO THE NATION'S RESEARCH EFFORTS. DSU WAS AWARDED A $10.5 MILLION RESEARCH GRANT THAT WILL FUND THE ESTABLISHMENT OF THE DELAWARE CENTER FOR NEUROSCIENCE RESEARCH. (CONTINUED ON SCH O.)A NEW STATE-OF-THE ART OPTICAL SCIENCE CENTER FOR APPLIED RESEARCH (OSCAR) WILL BE THE NEW HOME FOR THE UNIVERSITY'S PROLIFIC OPTICS PROGRAM.
AUXILIARY ENTERPRISES: THE SCHOOL UNDERTAKES A NUMBER OF ACTIVITIES TO BENEFIT THE STUDENT BODY, INCLUDING OPERATING HOUSING (DORMITORY) COMPLEXES, A CAFETERIA, CAMPUS BOOK STORE, VENDING MACHINES, AND OTHER INCIDENTALS NECESSARY TO CAMPUS LIFE. THESE ACTIVITIES MIGHT ALSO INCLUDE STUDENT SERVICES, INSTITUTIONAL SUPPORT, ACADEMIC SUPPORT, PUBLIC SERVICE, AND OTHER SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Antoine Allen President | OfficerTrustee | 60 | $407,771 |
Saundra DE Lauder Associate Provost | Officer | 60 | $244,992 |
Michael Casson Professor | 60 | $232,900 | |
David Gines Athletic Director | Officer | 60 | $226,517 |
Antoino Boyle VP For Strategic Enrollment | Officer | 60 | $223,495 |
Cleon Cauley Chief Operating Officer | Officer | 60 | $219,231 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chf - Dover Llc Professional Services | 6/29/21 | $6,263,590 |
Aramark Corporation Food Service | 6/29/21 | $4,716,112 |
Ellucian Company Lp Information Technology Services | 6/29/21 | $3,027,050 |
Apple Computer Inc Information Technology Services | 6/29/21 | $1,158,674 |
Fisher Scientific Company Llc Lab Education Services | 6/29/21 | $1,053,764 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $103,909,986 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,798,148 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,708,134 |
| Total Program Service Revenue | $84,252,855 |
| Investment income | $504,533 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $131,184 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $212,915,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,303,343 |
| Grants and other assistance to domestic individuals. | $38,392,435 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,522,957 |
| Compensation of current officers, directors, key employees. | $2,215,189 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,707,614 |
| Pension plan accruals and contributions | $20,128,948 |
| Other employee benefits | $9,205,132 |
| Payroll taxes | $5,338,995 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $990,193 |
| Fees for services: Accounting | $129,476 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,043 |
| Fees for services: Other | $11,187,732 |
| Advertising and promotion | $485,946 |
| Office expenses | $1,586,531 |
| Information technology | $4,528,549 |
| Royalties | $0 |
| Occupancy | $515,332 |
| Travel | $413,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174,678 |
| Interest | $3,298,251 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,059,497 |
| Insurance | $2,107,709 |
| All other expenses | $0 |
| Total functional expenses | $202,623,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,904,137 |
| Savings and temporary cash investments | $4,162,780 |
| Pledges and grants receivable | $12,177,095 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,855,131 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $300,975,572 |
| Investments—publicly traded securities | $14,994,215 |
| Investments—other securities | $6,222,239 |
| Investments—program-related | $16,779,718 |
| Intangible assets | $0 |
| Other assets | $68,176,222 |
| Total assets | $471,247,109 |
| Accounts payable and accrued expenses | $43,627,584 |
| Grants payable | $0 |
| Deferred revenue | $14,122,414 |
| Tax-exempt bond liabilities | $103,872,878 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $391,209,756 |
| Total liabilities | $552,832,632 |
| Net assets without donor restrictions | -$93,327,813 |
| Net assets with donor restrictions | $11,742,290 |
| 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 | $471,247,109 |
Grants Awarded
Over the last fiscal year, Delaware State University has awarded $8,303,343 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Dover, DE PURPOSE: EDUCATION | $7,500,000 |
Newark, DE PURPOSE: EDUCATION | $375,819 |
Shrewsbury, MA PURPOSE: EDUCATION | $207,705 |
Evanston, IL PURPOSE: EDUCATION | $115,804 |
STATE OF MARYLAND PURPOSE: EDUCATION | $56,830 |
UNIVERSITY OF ARKANSAS AT PINE BLUFF PURPOSE: EDUCATION | $28,009 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Delaware State University has recieved totaling $9,171.
| Awarding Organization | Amount |
|---|---|
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $9,171 |
Endowment Analysis
| Beg. Balance | $8,581,321 |
| Earnings | $845,162 |
| Net Contributions | $7,708,757 |
| Other Expense | $395,640 |
| Ending Balance | $16,739,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
Seton Hall University South Orange, NJ | $890,349,000 | $473,034,000 |
Duquesne University Of The Holy Spirit Pittsburgh, PA | $869,263,663 | $434,180,406 |
The Trustees Of The Stevens Institute Of Technology Hoboken, NJ | $970,720,079 | $466,449,861 |
Fairleigh Dickinson University Teaneck, NJ | $464,494,283 | $308,951,361 |
Bucknell University Lewisburg, PA | $1,702,706,536 | $331,765,475 |
Loyola University Maryland Inc Baltimore, MD | $700,282,931 | $288,447,259 |
Monmouth University Inc West Long Branch, NJ | $433,315,902 | $255,716,503 |
University Of Scranton Scranton, PA | $640,906,842 | $255,085,812 |
Widener University Chester, PA | $372,673,637 | $243,095,055 |
Rider University Lawrenceville, NJ | $309,275,121 | $216,867,434 |