Pfeiffer University is located in Misenheimer, NC. The organization was established in 1940. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Pfeiffer University employed 327 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pfeiffer 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 06/2022, Pfeiffer University generated $45.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $44.2m during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PFEIFFER UNIVERSITY IS A COMPREHENSIVE UNITED METHODIST-RELATED UNIVERSITY, WITH MULTIPLE CAMPUSES AND DELIVERY SYSTEMS, COMMITTED TO EDUCATIONAL EXCELLENCE, SERVICE, AND SCHOLARSHIP. WITHIN NURTURING COMMUNITIES OF LEARNERS, WE VALUE DIVERSITY AND PROMOTE THE ATTAINMENT OF FULL ACADEMIC AND PERSONAL POTENTIAL THROUGH ACCESSIBLE UNDERGRADUATE AND GRADUATE PROGRAMS. IT IS THE VISION OF THE UNIVERSITY THAT OUR STUDENTS EMBRACE THE CHRISTIAN VALUES OF HUMAN DIGNITY, INTEGRITY, AND SERVICE AND BECOME SERVANT LEADERS AND LIFELONG LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE 2021-2022 ACADEMIC YEAR, THE FRANCIS CENTER FOR SERVANT LEADERSHIP AND FAITH FORMATION PARTICIPATED IN A TOTAL OF 1478 HOURS OF SERVICE. IN ADDITION, OTHER UNIVERSITY AREAS PARTICIPATED IN 1112 HOURS OF SERVICE. THEREFORE, THE TOTAL NUMBER OF HOURS EQUALS A TOTAL OF 2590 HOURS.HIGHLIGHTS FOR THE YEAR INCLUDE:STUDENTS WORKED ON WEEKLY SERVICE PROJECTS WITH HABITAT FOR HUMANITY. THIRTY STUDENTS PARTICIPATED IN THESE SMALL GROUP EVENTS OVER THE FALL AND SPRING. FRANCIS SCHOLARS AND OTHER STUDENTS WORKED WITH LOCAL CHURCHES TO PROVIDE FOOD FOR RICHFIELD ELEMENTARY SCHOOL STUDENTS THROUGH THE PROGRAM BACKPACK BUDDIES. PFEIFFER PROVIDES ON-CAMPUS BACKPACK BUDDY PROJECT FOR THE CAMPUS POPULATION TWO TIMES EACH SEMESTER. THE FRANCIS CENTER HAD 62 PARTICIPANTS IN BACKPACK BUDDIES IN THE FALL AND SPRING. STUDENT PARTICIPATED IN BI-WEEKLY SERVICE PROJECTS WITH STANLY COUNTY CHRISTIAN MINISTRIES IN ALBEMARLE. THIS YEAR THEY SPECIFICALLY WORKED WITH MAKING SENIOR MEALS. TWELVE STUDENTS PARTICIPATED IN THIS MINISTRY DURING THE FALL AND SPRING.THE FRANCIS CENTER ALSO WORKED WITH LOCAL CHURCHES TO PROVIDE A GOOD NEIGHBOR PANTRY IN PFEIFFER'S CHAPEL TO HELP FOOD-INSECURE STUDENTS GET WHAT THEY NEED WITHOUT JUDGMENT. FIVE CHURCHES PARTICIPATED IN THE SERVICE OPPORTUNITY TO HELP STUDENTS. THE FRANCIS CENTER ALSO HOSTED ON-CAMPUS PROJECT LINUS, AN OPPORTUNITY WHERE STUDENTS MADE BLANKETS FOR HOSPITALIZED CHILDREN TWO TIMES DURING THE SEMESTER WITH 54 PARTICIPANTS. IN ADDITION, STUDENTS WROTE LETTERS TO VETERANS AND THOSE IN THE NURSING HOME MULTIPLE TIMES EACH SEMESTER WITH 68 PARTICIPANTS. STUDENTS COLLABORATED WITH HELPING HAND MINISTRY ANNUALLY TO PROVIDE AN ANGEL TREE FOR RESIDENTS IN STANLY COUNTY. STUDENTS AIDED 20 FAMILIES IN THIS SERVICE PROJECT. OTHER AREAS OF CAMPUS ALSO PROVIDE SERVICE. FOR INSTANCE, ALL THE FIRST-YEAR SEMINARS DO A SERVICE PROJECT IN THE FALL SEMESTER. LAST YEAR, SERVICE PROJECTS INCLUDED WORKING WITH ANGEL TREE, THE HUMANE SOCIETY, AND CAMPUS CLEAN-UPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Scott Bullard President | Officer | 40 | $236,278 |
Robin Leslie Senior VP Of Finance And CFO | Officer | 40 | $141,774 |
Elizabeth Fain Ot Program Director | 40 | $126,344 | |
Christopher Boe Prof Of Elementary Educ & Dean Of Graduate School | 40 | $118,421 | |
Emily Carella VP For Enrollmment Management | Officer | 40 | $107,639 |
Rev Julianne Brittain Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Sodexo Food Service Inc Food Services | 6/29/22 | $1,914,498 |
Jenzabar Software/it | 6/29/22 | $499,529 |
Gallaher Mgmt Group Construction | 6/29/22 | $281,457 |
Sodexo Inc & Affiliates Maintenance Services | 6/29/22 | $1,251,041 |
Digital Tulip Advertising | 6/29/22 | $281,010 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $8,800 |
Related organizations | $0 |
Government grants | $2,896,175 |
All other contributions, gifts, grants, and similar amounts not included above | $6,800,331 |
Noncash contributions included in lines 1a–1f | $2,407,063 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,705,306 |
Total Program Service Revenue | $36,233,175 |
Investment income | $161,371 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $304,255 |
Net Gain/Loss on Asset Sales | -$1,287,825 |
Net Income from Fundraising Events | $13,189 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,318 |
Miscellaneous Revenue | $0 |
Total Revenue | $45,135,710 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $13,536,029 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $512,355 |
Compensation of current officers, directors, key employees. | $61,307 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $11,584,896 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,375,141 |
Payroll taxes | $850,724 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $53,546 |
Fees for services: Other | $5,427,210 |
Advertising and promotion | $351,394 |
Office expenses | $283,083 |
Information technology | $1,121,887 |
Royalties | $0 |
Occupancy | $2,097,592 |
Travel | $417,734 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $64,871 |
Interest | $789,486 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,931,884 |
Insurance | $339,932 |
All other expenses | $210,403 |
Total functional expenses | $44,165,553 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,460,125 |
Savings and temporary cash investments | $8,475,153 |
Pledges and grants receivable | $2,976,886 |
Accounts receivable, net | $387,067 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $174,865 |
Inventories for sale or use | $29,745 |
Prepaid expenses and deferred charges | $1,079,392 |
Net Land, buildings, and equipment | $40,393,872 |
Investments—publicly traded securities | $8,023,967 |
Investments—other securities | $28,620 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $422,677 |
Total assets | $68,452,369 |
Accounts payable and accrued expenses | $2,203,840 |
Grants payable | $0 |
Deferred revenue | $1,914,450 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $36,672,094 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,046,939 |
Total liabilities | $41,837,323 |
Net assets without donor restrictions | $5,603,400 |
Net assets with donor restrictions | $21,011,646 |
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 | $68,452,369 |
Over the last fiscal year, we have identified 1 grants that Pfeiffer University has recieved totaling $80,026.
Awarding Organization | Amount |
---|---|
James R & Bonnie L Braswell Tr Waxhaw, NC PURPOSE: GENERAL SUPPORT | $80,026 |
Beg. Balance | $16,324,708 |
Earnings | -$1,138,430 |
Net Contributions | $665,231 |
Ending Balance | $15,851,509 |
Organization Name | Assets | Revenue |
---|---|---|
University Of Lynchburg Lynchburg, VA | $240,911,893 | $116,895,847 |
Charleston Southern University Charleston, SC | $197,723,286 | $118,040,499 |
Marymount University Arlington, VA | $272,414,108 | $118,614,940 |
Gardner-Webb University Boiling Springs, NC | $163,499,840 | $100,956,877 |
Meredith College Raleigh, NC | $208,277,395 | $93,593,801 |
Georgia Tech Athletic Association Atlanta, GA | $397,031,896 | $79,492,257 |
Queens University Of Charlotte Charlotte, NC | $172,081,537 | $81,135,661 |
Life University Inc Marietta, GA | $133,814,718 | $85,437,129 |
Agnes Scott College Decatur, GA | $395,231,473 | $76,705,901 |
Christian Brothers University Memphis, TN | $107,139,654 | $73,065,264 |
Brenau University Inc Gainesville, GA | $138,158,493 | $73,682,721 |
Cumberland University Lebanon, TN | $59,645,506 | $69,170,999 |