Saint Leo University Inc is located in Saint Leo, FL. The organization was established in 2005. 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, Saint Leo University Inc employed 2,698 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Leo University Inc 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 06/2020, Saint Leo University Inc generated $167.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $184.9m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SAINT LEO UNIVERSITY WELCOMES AND EMBRACES IN THE CATHOLIC BENEDICTINE TRADITION (SEE SCHEDULE O) INDIVIDUALS OF ALL FAITHS. THE UNIVERSITY SEEKS BALANCED GROWTH IN MIND, BODY, AND SPIRIT FOR ALL MEMBERS OF OUR COMMUNITY. OUR COMMUNITY RECOGNIZES THE DIGNITY, VALUE, AND GIFTS OF ALL. AT SAINT LEO, LEARNING IS OF PRIME IMPORTANCE, AND WE WORK TO MEET THE EVOLVING NEEDS OF OUR COMMUNITIES AND THE WORLD AROUND US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE OLDEST CATHOLIC INSTITUTION OF HIGHER EDUCATION IN FLORIDA AND ONE OF THE TOP UNIVERSITIES IN CENTRAL FLORIDA, SAINT LEO UNIVERSITY HAS A CENTURY-LONG TRADITION OF WELCOMING STUDENTS OF ALL FAITHS. FOR MORE INFORMATION, SEE SCHEDULE O.OUR LIBERAL ARTS CAMPUS, LOCATED 30 MILES NORTH OF TAMPA, EDUCATES JUST UNDER 2,200 STUDENTS. TOTAL ENROLLMENT ACROSS OUR CENTRAL FLORIDA CAMPUS, 13 REGIONAL LOCATIONS, AND ONLINE PROGRAMS IS NEARLY 18,000. SAINT LEO OFFERS OVER 50 UNDERGRADUATE DEGREES, PROGRAMS AND ENDORSEMENTS AS WELL AS MASTER'S, DOCTORAL AND CERTIFICATE PROGRAMS IN THE COLLEGE OF ARTS & SCIENCES, COLLEGE OF BUSINESS, COLLEGE OF EDUCATION & SOCIAL SERVICES, AND THE COLLEGE OF HEALTH PROFESSIONS. A TOTAL OF NEARLY 160 PROGRAMS. THE PUBLICATION DIVERSE ISSUES IN HIGHER EDUCATION RANKS SAINT LEO AMONG ITS TOP 100 INSTITUTIONS GRADUATING MINORITY STUDENTS WITH BACCALAUREATE DEGREES. WE'RE A SMALL SCHOOL, BUT WE HAVE AN INCREDIBLY DIVERSE STUDENT BODY COMPOSED OF 41% STUDENTS FROM UNDERREPRESENTED POPULATIONS. SAINT LEO NOW SERVES STUDENTS FROM ALL 50 STATES, THE DISTRICT OF COLUMBIA, THREE U.S. TERRITORIES AND OVER 80 FOREIGN COUNTRIES. SAINT LEO IS ALSO ONE OF THE NATION'S LEADING PROVIDERS OF HIGHER EDUCATION TO THE U.S. MILITARY.TODAY CLOSE TO 5,000 MEN AND WOMEN OF THE ARMED FORCES, VETERANS, AND THEIR FAMILY MEMBERS ARE ENROLLED IN SAINT LEO UNIVERSITY DEGREE PROGRAMS - THAT'S ABOUT ONE-THIRD OF THE UNIVERSITY-WIDE STUDENT COMMUNITY. THOUSANDS OF ACTIVE DUTY SERVICE MEMBERS, VETERANS AND FAMILY MEMBERS WORLDWIDE EARN AFFORDABLE, ACCESSIBLE UNIVERSITY DEGREES THROUGH OUR TRADITIONAL FLORIDA CAMPUS, EXTENSIVE ONLINE PROGRAM OFFERINGS AND EDUCATION CENTERS ON MILITARY BASES THROUGHOUT THE U.S. IN NOVEMBER 2014 THE NORTHEAST FLORIDA EDUCATION CENTER, ALONG WITH THE SCHOOL DISTRICT OF CLAY COUNTY (FL), WAS CHOSEN BY THE MILITARY CHILD EDUCATION COALITION AS ONE OF FIVE NATIONAL RECIPIENTS TO RECEIVE THE 2014 PETE TAYLOR PARTNERSHIP OF EXCELLENCE AWARD, WHICH RECOGNIZES SUCCESSFUL PARTNERSHIPS AND PROJECTS THAT ULTIMATELY BENEFIT MILITARY-CONNECTED CHILDREN.
AUXILIARY ENTERPRISES OF THE UNIVERSITY PROVIDE CERTAIN CUSTOMARY SERVICES SUCH AS HOUSING, FOOD SERVICE, AND VARIOUS STUDENT ACTIVITIES FOR THE BENEFIT OF THE STUDENTS OF THE UNIVERSITY. TRADITIONAL CAMPUS STUDENTS COMPRISED 2,133 FOR THE FY22 FISCAL YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey D Senese President | Officer | 60 | $465,665 |
Robyn Parker Dean (thru 08/2021) | 50 | $319,064 | |
Kelly Hill General Counsel (thru 09/2021) | 40 | $296,232 | |
John Nisbet Cfo/vp (thru 05/2022) | Officer | 60 | $291,716 |
Melanie Storms Senior VP | Officer | 60 | $289,029 |
Senthil Kumar VP Strateg Enroll Mgmt (thru 11/2021) | Officer | 60 | $288,364 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Creative Contractors Inc Wellness Center & Bowman Center Project | 6/29/22 | $11,357,253 |
Corporate Building Solutions Misc Cons. Serv. & Bldg Maintenance | 6/29/22 | $834,192 |
Total Building Solutions Building Maintenance On Campus | 6/29/22 | $684,090 |
Akerman Llp Legal Services | 6/29/22 | $552,363 |
Tuscany Strategy Consulting Consultants For Merger | 6/29/22 | $345,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,605,221 |
Investment income | $2,038,046 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$7,155 |
Net Gain/Loss on Asset Sales | -$1,540,229 |
Net Income from Fundraising Events | -$133,428 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $167,609,731 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $26,194,823 |
Grants and other assistance to Foreign Orgs/Individuals | $4,627,753 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $851,966 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $70,714,895 |
Pension plan accruals and contributions | $3,213,430 |
Other employee benefits | $14,000,898 |
Payroll taxes | $5,242,074 |
Fees for services: Management | $0 |
Fees for services: Legal | $180,471 |
Fees for services: Accounting | $238,123 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $179,166 |
Fees for services: Other | $2,849,013 |
Advertising and promotion | $13,951,954 |
Office expenses | $3,339,672 |
Information technology | $5,781,140 |
Royalties | $0 |
Occupancy | $8,657,682 |
Travel | $1,409,100 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $338,449 |
Interest | $1,773,016 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,006,247 |
Insurance | $2,462,659 |
All other expenses | $0 |
Total functional expenses | $184,931,899 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,975 |
Savings and temporary cash investments | $28,683,108 |
Pledges and grants receivable | $1,811,161 |
Accounts receivable, net | $3,673,530 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $475,964 |
Prepaid expenses and deferred charges | $3,963,372 |
Investments—publicly traded securities | $65,157,470 |
Investments—other securities | $3,683,522 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,705,794 |
Total assets | $243,651,425 |
Accounts payable and accrued expenses | $16,186,808 |
Grants payable | $76,838 |
Deferred revenue | $1,804,108 |
Tax-exempt bond liabilities | $75,905,979 |
Escrow or custodial account liability | $289,240 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $3,491,048 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $767,893 |
Total liabilities | $98,521,914 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $145,129,511 |
Over the last fiscal year, we have identified 9 grants that Saint Leo University Inc has recieved totaling $376,941.
Awarding Organization | Amount |
---|---|
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO BUILD THE KNOWLEDGE AND SKILL CAPACITIES OF CATHOLIC SISTERS VIA ONLINE, POST-SECONDARY, PROFESSIONAL DEVELOPMENT COURSES. | $154,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO BUILD THE KNOWLEDGE AND SKILL CAPACITIES OF CATHOLIC SISTERS VIA ONLINE, POST-SECONDARY, PROFESSIONAL DEVELOPMENT COURSES. | $146,000 |
Riley Family Education Foundation Inc Dunedin, FL PURPOSE: GENERAL SUPPORT | $50,000 |
Joy Mccann Foundation Inc Tampa, FL PURPOSE: ANNUAL OPERATING FUND | $13,400 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,097 |
United States Tennis Association Inc White Plains, NY PURPOSE: PROGRAM GRANT | $6,000 |
Beg. Balance | $92,347,641 |
Earnings | -$11,985,164 |
Net Contributions | $245,399 |
Other Expense | $12,667,074 |
Grants | $376,261 |
Ending Balance | $67,564,541 |
Organization Name | Assets | Revenue |
---|---|---|
Nova Southeastern University Inc Fort Lauderdale, FL | $1,812,347,063 | $836,787,691 |
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 |
Stetson University Inc DeLand, FL | $684,046,890 | $288,494,091 |
Samford University Birmingham, AL | $801,305,714 | $280,325,292 |
Barry University Inc Miami Shores, FL | $233,517,210 | $207,474,088 |
Saint Leo University Inc Saint Leo, FL | $243,651,425 | $167,609,731 |
Florida Institute Of Technology Inc Melbourne, FL | $380,099,144 | $191,425,099 |
Jacksonville University Jacksonville, FL | $361,875,229 | $172,045,418 |