Nova Southeastern University Inc, operating under the name Nova Southeastern University, is located in Fort Lauderdale, FL. The organization was established in 1965. 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, Nova Southeastern University employed 8,219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nova Southeastern 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, Nova Southeastern University generated $878.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $811.1m during the year ending 06/2022. While expenses have increased by 3.4% 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.
Since 2015, Nova Southeastern University has awarded 301 individual grants totaling $35,331,128. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NOVA SOUTHEASTERN UNIVERSITY'S PRIMARY ACTIVITY IS TO PROVIDE EDUCATIONAL SERVICES. SEE PART III.
Describe the Organization's Program Activity:
INSTRUCTIONAL SERVICES: NOVA SOUTHEASTERN UNIVERSITY (NSU) OFFERS UNDERGRADUATE DEGREES, GRADUATE AND FIRST PROFESSIONAL DEGREES, AND CERTIFICATE PROGRAMS TO MORE THAN 20,000 FULL-TIME AND PART-TIME STUDENTS IN A WIDE RANGE OF FIELDS, INCLUDING THE HUMANITIES, BIOLOGICAL AND ENVIRONMENTAL SCIENCES, BUSINESS, COUNSELING, COMPUTER AND INFORMATION SCIENCES, CONFLICT RESOLUTION, EDUCATION, FAMILY THERAPY, MEDICINE, DENTISTRY, VARIOUS OTHER HEALTH PROFESSIONS, LAW, MARINE SCIENCE, PERFORMING AND VISUAL ARTS, PSYCHOLOGY, AND OTHER SOCIAL SCIENCES. COURSES ARE TAUGHT AT 4 SOUTH FLORIDA CAMPUSES; 8 REGIONAL CAMPUS LOCATIONS, INCLUDING PUERTO RICO; AND AT SITES IN 6 STATES, AS WELL AS FOREIGN COUNTRIES. (CONTINUED ON SCHEDULE O)NSU HAS 15 COLLEGES AND SCHOOLS: ABRAHAM S. FISCHLER COLLEGE OF EDUCATION AND SCHOOL OF CRIMINAL JUSTICE; COLLEGE OF DENTAL MEDICINE; COLLEGE OF COMPUTING AND ENGINEERING; COLLEGE OF OPTOMETRY; COLLEGE OF PHARMACY; COLLEGE OF PSYCHOLOGY; DR. KIRAN C. PATEL COLLEGE OF ALLOPATHIC MEDICINE; DR. KIRAN C. PATEL COLLEGE OF OSTEOPATHIC MEDICINE; DR. PALLAVI PATEL COLLEGE OF HEALTH CARE SCIENCES; FARQUHAR HONORS COLLEGE; H. WAYNE HUIZENGA COLLEGE OF BUSINESS AND ENTREPRENEURSHIP; HALMOS COLLEGE OF ARTS AND SCIENCES AND THE GUY HARVEY OCEANOGRAPHIC RESEARCH CENTER; RON AND KATHY ASSAF COLLEGE OF NURSING; SHEPARD BROAD COLLEGE OF LAW; AND THE NSU UNIVERSITY SCHOOL. EXPANDING UNDERGRADUATES AND HEALTH PROFESSIONS PROGRAMS: IN FALL 2021, NSU WELCOMED 1,672 FIRST-TIME-IN-COLLEGE FRESHMEN, NEAR ITS RECORD OF 1,689 IN FALL 2020. FOR THE FIFTH YEAR IN A ROW, NSU'S OVERALL UNDERGRADUATE ENROLLMENT INCREASED, GROWING 55 PERCENT FROM FALL 2016 TO FALL 2021. THE DISTINCTIVE DUAL ADMISSIONS PROGRAM, OFFERING PROSPECTIVE UNDERGRADUATE STUDENTS A RESERVED SPOT IN SELECTIVE GRADUATE/PROFESSIONAL PROGRAMS, CONTINUES TO ATTRACT ACADEMICALLY HIGHLY QUALIFIED STUDENTS, SUPPORTING STRATEGIC GOALS FOR ENHANCED STUDENT QUALITY, EXPERIENCE, AND OUTCOMES. NSU IS ONE OF ONLY FOUR UNIVERSITIES IN THE UNITED STATES TO OFFER BOTH A D.O. AND M.D. PROGRAM, AND THE FIRST AND ONLY UNIVERSITY IN THE STATE OF FLORIDA TO GRANT BOTH DEGREES. IN MAY 2022, THE DR. KIRAN C. PATEL COLLEGE OF ALLOPATHIC MEDICINE (KPCAM) CELEBRATED THE GRADUATION OF ITS FIRST CLASS OF M.D. STUDENTS, WHO WERE ADMITTED IN FALL 2018. KPCAM'S INAUGURAL GRADUATING CLASS OF 46 JOINED THE 231 D.O. GRADUATES IN FISCAL 2022 FROM NSU'S DR. KIRAN C. PATEL COLLEGE OF OSTEOPATHIC MEDICINE (KPCOM) IN HELPING TO ALLEVIATE THE LOCAL AND NATIONAL PHYSICIAN SHORTAGE. OVERALL, FALL 2021 ENROLLMENT IN KPCAM AND KPCOM (UNDERGRADUATE, GRADUATE, AND PROFESSIONAL PROGRAMS) TOTALED 2,634, INCREASING A COMBINED 14 PERCENT FROM THE PRIOR YEAR (FALL 2020) AND 52 PERCENT OVER A THREE-YEAR PERIOD (FROM FALL 2018 TO FALL 2021). KPCOM'S GROWTH IS LARGELY ATTRIBUTABLE TO ITS EXPANSION AT THE TAMPA BAY REGIONAL CAMPUS BEGINNING FALL 2019. DURING FISCAL 2022 (FALL 2021), THE THIRD CLASS OF 163 D.O. STUDENTS WAS ADMITTED TO THE PROGRAM FOR A TOTAL TAMPA BAY D.O. ENROLLMENT OF 474. THE COLLEGE OF DENTAL MEDICINE EXPANDED ITS D.M.D. PROGRAM TO THE TAMPA BAY REGIONAL CAMPUS BEGINNING MAY 2022, WELCOMING ITS FIRST COHORT OF 38 INTERNATIONAL DENTAL STUDENTS. APPROXIMATELY 19,000 SQUARE FEET OF THE CAMPUS WAS OUTFITTED TO HOUSE A STUDENT CLINIC, SIMULATION LAB, AND SUPPORTING OFFICES AND CLASSROOMS. ADDITIONALLY, NSU EXPANDED ITS ANESTHESIOLOGY ASSISTANT PROGRAM AT A NEW LEASED SITE IN THE DENVER, COLORADO AREA DURING FISCAL 2022. IN TERMS OF SIGNIFICANT ACADEMIC PROGRAM RECOGNITIONS DURING FISCAL 2022, THE GRADUATE MENTAL HEALTH COUNSELING PROGRAM IN THE COLLEGE OF PSYCHOLOGY RECEIVED ITS FIRST-EVER EIGHT-YEAR ACCREDITATION FROM THE COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATIONAL PROGRAMS, A SPECIALIZED ACCREDITING BODY FOR GRADUATE COUNSELING PROGRAMS IN THE UNITED STATES. IN THE U.S. NEWS & WORLD REPORT 2022 COLLEGE RANKINGS, NSU STANDS AT 213, IN THE NATIONAL UNIVERSITIES LIST, CLIMBING 33 SPOTS OVER TWO YEARS. ADDITIONALLY, NSU RANKED 59 IN TOP PERFORMERS ON SOCIAL MOBILITY, COMPARED TO 165 TWO YEARS AGO. ALSO NOTEWORTHY, NSU TIED FOR 21 ON THE DIVERSITY INDEX AMONG NATIONALLY RANKED INSTITUTIONS.
NOVA SOUTHEASTERN UNIVERSITY GOES BEYOND ITS PRIMARY MISSION BY REACHING OUT TO THE COMMUNITY WITH DIVERSE SERVICE PROGRAMS AND COMMUNITY-BASED RESEARCH. NSU IS 1 OF ONLY 360 COLLEGES AND UNIVERSITIES NATIONALLY SELECTED FOR THE CARNEGIE FOUNDATION'S COMMUNITY ENGAGEMENT CLASSIFICATION, AND 1 OF ONLY 60 COLLEGES AND UNIVERSITIES TO HOLD BOTH COMMUNITY ENGAGED AND HIGH RESEARCH ACTIVITY DESIGNATIONS. NSU DELIVERS TANGIBLE BENEFITS, INCLUDING JUNIOR KINDERGARTEN THROUGH DOCTORAL EDUCATION, PHYSICAL INFRASTRUCTURE, A PROFESSIONAL WORKFORCE, EMPLOYMENT OPPORTUNITIES, DELIVERY OF HEALTH CARE AND LAW SERVICES IN BROWARD AND MIAMI-DADE COUNTIES, LIFELONG LEARNING OPTIONS, COMMUNITY-SERVICE INITIATIVES, AND PUBLIC ACCESS TO CULTURAL AND SCHOLARLY EXPERIENCES. NSU CONTINUES TO GROW ITS ACADEMIC AND SCIENTIFIC RESEARCH ACTIVITIES. MORE THAN 200 RESEARCH PROJECTS ARE CURRENTLY UNDER WAY AT NSU, INCLUDING STUDIES ON CARDIOVASCULAR DISEASE, ANTICANCER THERAPIES, CHRONIC FATIGUE SYNDROME, AUTISM, CORAL REEF RESTORATION, STEM CELLS, AND WILDLIFE DNA FORENSICS, AMONG OTHER SUBJECTS. THE CENTER FOR COLLABORATIVE RESEARCH (CCR) CONSISTS OF 215,000 SQUARE FEET OF RESEARCH AND COLLABORATIVE SPACES. THIS PROJECT IS REGISTERED WITH THE U.S. GREEN BUILDING COUNCIL (USGBC) AND IS THE FIRST NSU FACILITY TO ACHIEVE A LEED CERTIFICATION LEVEL OF GOLD. THE FACILITY HOUSES CORE FACILITIES INCLUDING GENOMICS, FLOW CYTOMETRY, CELL THERAPY AND IMAGING. THE CCR BRINGS MULTIPLE DISCIPLINES TOGETHER, WITH STUDENTS AND NSU FACULTY MEMBERS PARTNERING WITH PROFESSIONALS AND ORGANIZATIONS OUTSIDE OF THE NSU COMMUNITY-FURTHERING CUTTING-EDGE RESEARCH AND DEVELOPING TECHNOLOGIES THAT WILL BENEFIT THE GLOBAL COMMUNITY. NSU ADVANCED ITS RESEARCH INITIATIVES IN FISCAL 2022, WITH ONGOING STUDIES ADDRESSING TOPICS OF NATIONAL SIGNIFICANCE, AS WELL AS VARIOUS NEW, MULTI-YEAR GRANT AWARDS. OF NOTE, THE COLLEGE OF DENTAL MEDICINE RECEIVED A $2.4 MILLION AWARD FROM THE NATIONAL INSTITUTES OF HEALTH RELATED TO A SPECIFIC STUDY ON PERIODONTAL DISEASE. NSU RECEIVED A $3.5 MILLION AWARD FROM FLORIDA DEPARTMENT OF HEALTH TO SUPPORT PROVISION OF, AND IMPROVED ACCESS TO, HEALTH CARE SERVICES FOR UNINSURED VETERANS AND THEIR FAMILIES. KPCOM RECEIVED A $1 MILLION AWARD FOR A SPECIFIC STUDY RELATED TO GULF WAR ILLNESS, IN SUPPORT OF IMPROVED THERAPIES FOR AFFECTED INDIVIDUALS, IN ADDITION TO A CONTINUING $3.9 MILLION AWARD TO PROVIDE TOBACCO CESSATION AND TRAINING SERVICES IN SUPPORT OF PUBLIC HEALTH. THE HALMOS COLLEGE OF ARTS AND SCIENCES RECEIVED A $1.2 MILLION AWARD FOCUSED ON IMPROVED UNDERSTANDING OF THE PHYSICAL OCEANOGRAPHIC ENVIRONMENT AND WAVE BEHAVIOR.
ACADEMIC SUPPORT: PROGRAMS INCLUDE THE NSU LIBRARY SYSTEM, COMPUTER SERVICES, MUSEUM OF ART OPERATIONS, STUDENT EDUCATION CENTER OPERATIONS AND MAINTENANCE OF FACILITIES DEDICATED TO INSTRUCTIONAL ACTIVITIES. THE UNIVERSITY LIBRARY SYSTEM IS COMPOSED OF THE ALVIN SHERMAN LIBRARY, RESEARCH, AND INFORMATION TECHNOLOGY CENTER; THE HEALTH PROFESSIONS DIVISION LIBRARY; THE LAW CENTER LIBRARY; THE OCEANOGRAPHY LIBRARY; AND THE NSU UNIVERSITY SCHOOL MEDIA CENTER. THE 325,000-SQUARE-FOOT ALVIN SHERMAN LIBRARY, RESEARCH, AND INFORMATION TECHNOLOGY CENTER IS A JOINT-USE FACILITY WITH THE BROWARD COUNTY BOARD OF COUNTY COMMISSIONERS. THE FACILITY CONTAINS ELECTRONIC CLASSROOMS, GROUP-STUDY ROOMS, A LARGE COLLABORATIVE STUDY ROOM, A CAFE, AND (CONTINUED ON SCHEDULE O)SERVICE DESKS WITH STAFF TRAINED AND READY TO SERVE LIBRARY USERS.NEW FACILITIES SUPPORTING STRATEGIC INITIATIVES: IN FISCAL 2022, NSU DEVELOPED A MULTIPHASED PLAN FOR STRATEGIC CAPITAL INVESTMENTS, BEGINNING WITH A STATE-OF-THE-ART, INTERPROFESSIONAL SIMULATION COMPLEX FOR WHICH CONSTRUCTION IS SCHEDULED TO COMMENCE IN FALL 2022. WITH PROGRESSIVE TOOLS AND IMMERSIVE TECHNIQUES IN HEALTHCARE, THE 107,000 SQUARE-FOOT COMPLEX IS ANTICIPATED TO PLAY A MAJOR ROLE IN FURTHER ADVANCING NSU'S HEALTH AND MEDICAL EDUCATION, RESEARCH, AND PATIENT CARE. NSU OPENED THE NEW ALAN B. LEVAN | NSU BROWARD CENTER OF INNOVATION (THE LEVAN CENTER OF INNOVATION) IN FISCAL 2022, SHOWCASING NSU'S CORE VALUE OF INNOVATION WITH A FOCUS ON TECHNOLOGY AND ENTREPRENEURSHIP. A CONTINUATION OF A LONG-STANDING PUBLIC-PRIVATE PARTNERSHIP WITH NSU AND BROWARD COUNTY, THE STATE-OF-THE-ART, 54,000-SQUARE-FOOT CENTER OCCUPIES THE TOP FLOOR OF THE ALVIN SHERMAN LIBRARY, RESEARCH, AND INFORMATION TECHNOLOGY CENTER AND IS ONE OF THE LARGEST OF ITS KIND IN THE NATION.
AUXILIARY ENTERPRISES: IN ADDITION TO CLINICAL FACILITIES ON THE FORT LAUDERDALE/DAVIE CAMPUS, THE UNIVERSITY PROVIDES CLINICAL SERVICES TO THE SURROUNDING COMMUNITY THROUGH OWNED AND LEASED OFF-CAMPUS FACILITIES. THE HEALTH PROFESSIONS DIVISION HAS OUTPATIENT FACILITIES THAT PROVIDE MEDICAL, DENTAL, OPTOMETRY, PHARMACY, OCCUPATIONAL THERAPY, AND PHYSICAL THERAPY SERVICES, AS WELL AS AUDIOLOGY AND HEARING AND BALANCE SERVICES. IT ALSO OPERATES THE SPEECH-LANGUAGE PATHOLOGY CLINIC, WHICH PROVIDES TESTING AND REHABILITATION SERVICES TO SCHOOLS AND INDIVIDUALS. THE COLLEGE OF PSYCHOLOGY PROVIDES MENTAL HEALTH SERVICES THROUGH THE PSYCHOLOGY SERVICES CENTER, WHILE THE HALMOS COLLEGE OF ARTS AND SCIENCES PROVIDES FAMILY THERAPY SERVICES THROUGH THE BRIEF THERAPY INSTITUTE.(CONTINUED ON SCHEDULE O)NSU HAS NUMEROUS RESIDENCE HALLS ON THE MAIN CAMPUS THAT SERVE ITS STUDENTS. THE RESIDENCE HALLS ARE LIVING/LEARNING CENTERS THAT PROVIDE AN ENVIRONMENT CONDUCIVE TO STUDENT SUCCESS.THE DON TAFT UNIVERSITY CENTER IS A MORE THAN 325,000-SQUARE-FOOT FACILITY FEATURING THREE NCAA COMPETITION COURTS, GROUP FITNESS AND INSTRUCTION ROOMS, CARDIO AND WEIGHT TRAINING AREAS, SQUASH COURTS, A ROCK CLIMBING WALL, AND THE FLIGHT DECK PUB. THE PERFORMING AND VISUAL ARTS WING OF THE DON TAFT UNIVERSITY CENTER INCLUDES STATE-OF-THE-ART CLASSROOMS AND FACILITIES THAT SUPPORT THE ART, DANCE, MUSIC, AND THEATRE MAJORS OF THE MAJORS OF THE DEPARTMENT OF COMMUNICATION, MEDIA, AND THE ARTS (DCMA) AT THE HALMOS COLLEGE OF ARTS AND SCIENCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
George L Hanbury II PHD President/chief Executive Officer | OfficerTrustee | 37.5 | $1,166,987 |
Anthony N Ottaviani Trustee | Trustee | 1.5 | $24,904 |
Ronald G Assaf Trustee | Trustee | 2 | $0 |
Walter L Banks Sr Trustee | Trustee | 2 | $0 |
Mitchell W Berger Trustee | Trustee | 2 | $0 |
Rita Case Trustee | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Panza Maurer & Maynard Pa Legal | 6/29/22 | $4,797,695 |
Chartwells Food Services | 6/29/22 | $5,490,756 |
Kl Media Partners Advertising | 6/29/22 | $3,539,421 |
Sofftek Information Technology | 6/29/22 | $2,626,648 |
Encompass Onsite Solutions Janitorial | 6/29/22 | $14,109,778 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $394,989 |
Related organizations | $622,242 |
Government grants | $55,901,864 |
All other contributions, gifts, grants, and similar amounts not included above | $17,819,738 |
Noncash contributions included in lines 1a–1f | $1,098,308 |
Total Revenue from Contributions, Gifts, Grants & Similar | $74,738,833 |
Total Program Service Revenue | $775,737,713 |
Investment income | $15,695,999 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $18,089 |
Net Gain/Loss on Asset Sales | $5,002,063 |
Net Income from Fundraising Events | $22,317 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,120,610 |
Miscellaneous Revenue | $0 |
Total Revenue | $878,104,649 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,836,665 |
Grants and other assistance to domestic individuals. | $136,958,711 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $4,348,982 |
Compensation of current officers, directors, key employees. | $2,489,572 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $299,922,045 |
Pension plan accruals and contributions | $20,644,699 |
Other employee benefits | $32,275,668 |
Payroll taxes | $21,302,932 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,481,622 |
Fees for services: Accounting | $967,738 |
Fees for services: Lobbying | $1,420,848 |
Fees for services: Fundraising | $47,443 |
Fees for services: Investment Management | $927,704 |
Fees for services: Other | $33,544,254 |
Advertising and promotion | $7,903,090 |
Office expenses | $27,377,345 |
Information technology | $16,253,234 |
Royalties | $20,000 |
Occupancy | $70,712,125 |
Travel | $3,921,564 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,296,431 |
Interest | $19,474,046 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $48,029,665 |
Insurance | $17,230,731 |
All other expenses | $7,314,839 |
Total functional expenses | $811,108,948 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $45,292,587 |
Savings and temporary cash investments | $21,064,796 |
Pledges and grants receivable | $57,342,951 |
Accounts receivable, net | $27,878,317 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,633,368 |
Inventories for sale or use | $865,009 |
Prepaid expenses and deferred charges | $11,261,034 |
Net Land, buildings, and equipment | $893,935,435 |
Investments—publicly traded securities | $713,176,761 |
Investments—other securities | $57,971,805 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $118,498,946 |
Total assets | $1,951,921,009 |
Accounts payable and accrued expenses | $60,180,314 |
Grants payable | $0 |
Deferred revenue | $85,925,227 |
Tax-exempt bond liabilities | $279,948,815 |
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 | $486,122,250 |
Total liabilities | $912,176,606 |
Net assets without donor restrictions | $859,129,628 |
Net assets with donor restrictions | $180,614,775 |
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 | $1,951,921,009 |
Over the last fiscal year, Nova Southeastern University Inc has awarded $4,789,377 in support to 40 organizations.
Grant Recipient | Amount |
---|---|
CENTRAL FLORIDA AHEC INC PURPOSE: Teaching/Training | $1,087,978 |
EVERGLADES AHEC PURPOSE: Teaching/Training | $922,138 |
RESEARCH TRIANGLE INSTITUTE PURPOSE: Research | $466,563 |
HEALTHY AQUATICS MARINE INSTITUTE OF FLORIDA INC PURPOSE: Research | $237,976 |
COASTAL ECO-GROUP INC PURPOSE: Research | $388,808 |
BOSTON UNIVERSITY PURPOSE: Research | $178,288 |