Xavier University Of Louisiana
- Assets
- $472.1m
- Revenue
- $172.2m
- Investments
- $54.9m
- Employees
- 795
- Location
- New Orleans, LA
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 72-0635884
Organization Overview
Xavier University Of Louisiana is located in New Orleans, LA. The organization was established in 1946. 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, Xavier University Of Louisiana employed 795 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Xavier University Of Louisiana 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, Xavier University Of Louisiana generated $172.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $142.1m during the year ending 06/2021. While expenses have increased by 4.8% 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, Xavier University Of Louisiana has awarded 89 individual grants totaling $11,791,638. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ULTIMATE MISSION OF THE UNIVERSITY IS TO CONTRIBUTE TO THE PROMOTION OF A MORE JUST AND HUMANE SOCIETY BY PREPARING ITS STUDENTS TO ASSUME ROLES OF LEADERSHIP AND SERVICE IN A GLOBAL SOCIETY. THIS PREPARATION TAKES PLACE IN A DIVERSE LEARNING AND TEACHING ENVIRONMENT THAT INCORPORATES ALL RELEVANT EDUCATIONAL MEANS, INCLUDING RESEARCH AND COMMUNITY SERVICE.
Describe the Organization's Program Activity:
FOUR-YEAR POST SECONDARY EDUCATIONAL INSTITUTE AND SCHOOL OF PHARMACY ANG GRADUATE SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Reynold Verret President | OfficerTrustee | 40 | $487,668 |
Anne Mccall Provost | Officer | 40 | $282,098 |
Dr Kathleen Kennedy Dean | Officer | 40 | $240,692 |
Marguerite Giguette Professor | 40 | $219,907 | |
Regina Benjamin Professor | 40 | $216,934 | |
Philip Adams Vice Preside | Officer | 40 | $208,036 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Humana Health Plan Health Service | 6/29/21 | $7,483,978 |
Hilton Riverside Student Lodging | 6/29/21 | $4,531,386 |
Sodexho Inc Food Service | 6/29/21 | $4,385,177 |
Entergy Electric Servic | 6/29/21 | $2,946,844 |
Swerage & Water Board Utilities | 6/29/21 | $1,453,194 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,624,668 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,555,627 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,180,295 |
| Total Program Service Revenue | $74,863,007 |
| Investment income | $1,825,792 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $10,231,328 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,171,417 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,418,978 |
| Grants and other assistance to domestic individuals. | $15,638,485 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,060,911 |
| Compensation of current officers, directors, key employees. | $1,535,622 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,230,840 |
| Pension plan accruals and contributions | $1,959,473 |
| Other employee benefits | $4,786,879 |
| Payroll taxes | $3,821,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $369,218 |
| Fees for services: Accounting | $144,050 |
| Fees for services: Lobbying | $87,907 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,000 |
| Advertising and promotion | $85,506 |
| Office expenses | $4,383,091 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,554,804 |
| Travel | $333,774 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $132,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,256,006 |
| Insurance | $3,663,203 |
| All other expenses | $1,534,109 |
| Total functional expenses | $142,107,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,336,124 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,371,525 |
| Accounts receivable, net | $2,983,936 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,222,303 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,129,897 |
| Net Land, buildings, and equipment | $230,182,462 |
| Investments—publicly traded securities | $155,772,440 |
| Investments—other securities | $54,929,920 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,188,746 |
| Total assets | $472,117,353 |
| Accounts payable and accrued expenses | $14,934,395 |
| Grants payable | $0 |
| Deferred revenue | $1,018,613 |
| 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 | $3,513,367 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,707,794 |
| Total liabilities | $23,174,169 |
| Net assets without donor restrictions | $448,943,184 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $472,117,353 |
Grants Awarded
Over the last fiscal year, Xavier University Of Louisiana has awarded $2,418,978 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL | $540,637 |
New York, NY PURPOSE: GENERAL | $524,250 |
New York, NY PURPOSE: GENERAL | $417,106 |
New Orleans, LA PURPOSE: GENERAL | $382,129 |
New Orleans, LA PURPOSE: RESEARCH | $220,347 |
New Orleans, LA PURPOSE: RESEARCH | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Xavier University Of Louisiana has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Laurence B Flood Foundation Inc Blue Hill, ME PURPOSE: GENERAL USE | $7,000 |
Endowment Analysis
| Beg. Balance | $147,040,003 |
| Earnings | $35,528,241 |
| Net Contributions | $19,189,598 |
| Other Expense | -$10,931,216 |
| Ending Balance | $190,826,626 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Christian University Fort Worth, TX | $4,250,111,470 | $1,168,273,968 |
Southern Methodist University Dallas, TX | $4,000,720,929 | $1,151,429,320 |
University Of The Incarnate Word San Antonio, TX | $487,005,002 | $259,002,070 |
Trinity University San Antonio, TX | $2,152,998,026 | $314,487,625 |
Abilene Christian University Abilene, TX | $773,960,218 | $252,996,672 |
Loyola University New Orleans, LA | $507,723,751 | $180,729,254 |
St Edwards University Austin, TX | $407,674,009 | $177,051,726 |
St Marys University Of San Antonio San Antonio, TX | $377,035,263 | $162,157,507 |
Texas A&m Foundation College Station, TX | $2,465,090,742 | $282,467,067 |
Dallas Baptist University Dallas, TX | $231,209,561 | $142,120,388 |
Xavier University Of Louisiana New Orleans, LA | $472,117,353 | $172,171,417 |
Houston Baptist University Houston, TX | $346,212,692 | $160,755,476 |