Emory University
- Assets
- $308.8m
- Revenue
- $526.7m
- Investments
- $0.0
- Employees
- 5,516
- Location
- Decatur, GA
- Founding
- 06/2011
- Data as of
- 06/2018
- EIN
- 58-1966795
Organization Overview
Emory University is located in Decatur, GA. The organization was established in 2011. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2021, Emory University employed 5,516 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Emory 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 06/2018, Emory University generated $526.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $572.9m during the year ending 06/2018. While expenses have increased by 2.1% per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE PATIENTS' LIVES THROUGH THE DELIVERY OF EXCELLENT HEALTH AND WELLNESS SERVICES.
Describe the Organization's Program Activity:
DEKALB MEDICAL AT THE NORTH DECATUR - 20,907 PATIENTS DISCHARGED (INCLUDES NICU AND EXCLUDES BABIES) FROM THE HOSPITAL FOR A TOTAL OF 98,953 DISCHARGED DAYS. THERE WERE 193,217 VISITS TO THE HOSPITAL DURING THE YEAR.
DEKALB MEDICAL AT HILLANDALE - 4,567 PATIENTS DISCHARGED FROM THE HOSPITAL FOR A TOTAL OF 18,125 DISCHARGED DAYS. THERE WERE 101,398 VISITS TO THE HOSPITAL DURING THE YEAR.
DEKALB MEDICAL PHYSICIAN NETWORK - 149,950 PATIENTS WERE TREATED IN THE PHYSICIAN OFFICES DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hartman Physician | 40 | $1,051,343 | |
Augustine Conduah Physician | 40 | $964,839 | |
Richard Gullick Physician | 40 | $801,896 | |
John A Shelton Jr President & CEO (through 11/16) | OfficerTrustee | 40 | $718,827 |
Murray Robinson Physician | 40 | $646,665 | |
Christopher Haraszti Physician | 40 | $619,421 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Anesthesiology Of Georgia Anesthesiology Services | 6/29/17 | $3,316,667 |
Morrison Management Management Services | 6/29/17 | $4,175,662 |
Dekalb Emergency Physician (Cep) Surgical Services | 6/29/17 | $2,138,229 |
Fresenius Medical Acute Nephrology Services | 6/29/17 | $1,720,850 |
Grant Thornton Llp Consulting Services | 6/29/17 | $1,421,696 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,846,003 |
| Investment income | $2,857,420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,443 |
| Net Gain/Loss on Asset Sales | -$1,415,395 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $526,678,235 |
| Statement of Expenses | |
|---|---|
| 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. | $2,089,882 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $254,799,633 |
| Pension plan accruals and contributions | $375,482 |
| Other employee benefits | $22,615,592 |
| Payroll taxes | $17,044,984 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,495,769 |
| Fees for services: Accounting | $421,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $729,101 |
| Fees for services: Other | $43,639,045 |
| Advertising and promotion | $0 |
| Office expenses | $11,605,589 |
| Information technology | $10,094,155 |
| Royalties | $0 |
| Occupancy | $13,365,029 |
| Travel | $75,654 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99,095 |
| Interest | $10,622,964 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,874,086 |
| Insurance | $11,100,240 |
| All other expenses | $797,110 |
| Total functional expenses | $572,866,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,708,285 |
| Savings and temporary cash investments | $6,021,789 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $77,851,419 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,556,460 |
| Prepaid expenses and deferred charges | $2,857,941 |
| Investments—publicly traded securities | $110,860,201 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,000 |
| Other assets | $1,534,955 |
| Total assets | $308,834,835 |
| Accounts payable and accrued expenses | $58,347,038 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $165,204,969 |
| 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 | $12,555,948 |
| Total liabilities | $236,107,955 |
| Net assets without donor restrictions | $71,848,701 |
| Net assets with donor restrictions | $878,179 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $72,726,880 |
Grants Awarded
Over the last fiscal year, Emory University has awarded $4,785,467 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Decatur, GA PURPOSE: OPERATIONAL SUPPORT | $4,098,696 |
Decatur, GA PURPOSE: OPERATIONAL SUPPORT | $483,258 |
Decatur Raod, GA PURPOSE: OPERATIONAL SUPPORT | $203,513 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Emory University has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
The American Breast Cancer Foundation Inc Gaithersburg, MD PURPOSE: Provides screening mammograms and ultrasounds to uninsured and underserved area residents. | $10,000 |
The American Breast Cancer Foundation Inc Gaithersburg, MD PURPOSE: Provides screening mammograms and ultrasounds to uninsured and underserved area residents. | $10,000 |
Endowment Analysis
| Beg. Balance | $735,000 |
| Net Contributions | $899,799 |
| Other Expense | $787,673 |
| Ending Balance | $847,126 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nova Southeastern University Inc Fort Lauderdale, FL | $1,812,347,063 | $836,787,691 |
Wake Forest University Winstonsalem, NC | $2,570,183,256 | $681,736,258 |
Emory University Decatur, GA | $308,834,835 | $526,678,235 |
Embry-Riddle Aeronautical Daytona Beach, FL | $1,265,271,185 | $616,318,485 |
Savannah College Of Art And Design Inc Savannah, GA | $1,297,162,714 | $587,003,201 |
The Corporation Of Mercer University Macon, GA | $975,470,567 | $444,048,225 |
University Of Tampa Tampa, FL | $995,322,258 | $426,783,303 |
Belmont University Nashville, TN | $1,474,473,117 | $464,356,154 |
Elon University Elon, NC | $1,076,200,947 | $374,224,853 |
Stetson University Inc DeLand, FL | $684,046,890 | $288,494,091 |
Samford University Birmingham, AL | $801,305,714 | $280,325,292 |
Campbell University Inc Buies Creek, NC | $678,742,436 | $263,777,466 |