St Edwards University
- Assets
- $407.7m
- Revenue
- $177.1m
- Investments
- $23.1m
- Employees
- 1,649
- Location
- Austin, TX
- Founding
- 01/1972
- Data as of
- 06/2021
- EIN
- 74-1109641
Organization Overview
St Edwards University is located in Austin, TX. The organization was established in 1972. 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, St Edwards University employed 1,649 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Edwards 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 06/2021, St Edwards University generated $177.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $175.3m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A CULTURALLY DIVERSE STUDENT BODY WITH AN EDUCATION THAT ACHIEVES A BALANCE AMONG THE HUMANITIES, THE SCIENCES AND THE PROFESSIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHER EDUCATION: THE PURPOSE OF THE ORGANIZATION'S PROGRAM SERVICE IS TO EDUCATE STUDENTS BY PROVIDING INSTRUCTION; SUPPORT TO ACADEMIC PROGRAMS THROUGH SUCH SERVICES AS COUNSELING, LIBRARY FACILITIES, ATHLETICS, CAMPUS ACTIVITIES FOR STUDENTS, ETC. AND BY PROVIDING STUDENTS WITH RESIDENCE HALLS, DINING AND BOOKSTORE SERVICES IN SUPPORT OF THE EDUCATIONAL MISSION. THE UNIVERSITY SERVED 3,470 STUDENTS IN THIS REPORTING PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George E Martin President Emeritus | Officer | 45 | $855,171 |
Montserrat Fuentes President | Officer | 45 | $326,622 |
David Waldron VP Technology | Officer | 45 | $294,382 |
Kimberly Kvaal VP Finance And Administration | Officer | 45 | $312,809 |
Lisa L Kirkpatrick VP Student Affairs | Officer | 45 | $257,535 |
Jose E Demedeiros VP University Advancement | Officer | 45 | $278,280 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hill And Wilkinson Construction Gr Construction | 6/29/22 | $3,288,540 |
Franzine Schneider Marketing Strategy | 6/29/22 | $119,000 |
Genotox Laboratories Ltd Pharmacogenetics | 6/29/22 | $1,318,860 |
Arc Abatement Inc Contracting | 6/29/22 | $197,445 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,285,688 |
| Investment income | $376,493 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,943,024 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,051,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $74,639,390 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,939,259 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $44,995,077 |
| Pension plan accruals and contributions | $2,472,159 |
| Other employee benefits | $7,667,193 |
| Payroll taxes | $3,383,374 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $822,517 |
| Fees for services: Accounting | $128,336 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $367,229 |
| Fees for services: Other | $7,978,445 |
| Advertising and promotion | $2,513,726 |
| Office expenses | $2,906,422 |
| Information technology | $3,048,239 |
| Royalties | $0 |
| Occupancy | $2,558,570 |
| Travel | $343,912 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $179,611 |
| Interest | $4,148,155 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,942,008 |
| Insurance | $992,262 |
| All other expenses | $0 |
| Total functional expenses | $175,281,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $815,011 |
| Savings and temporary cash investments | $35,722,842 |
| Pledges and grants receivable | $1,910,678 |
| Accounts receivable, net | $5,476,691 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,168,700 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,082,103 |
| Investments—publicly traded securities | $117,771,240 |
| Investments—other securities | $23,054,995 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,207,592 |
| Total assets | $407,674,009 |
| Accounts payable and accrued expenses | $14,400,913 |
| Grants payable | $1,537,609 |
| Deferred revenue | $8,905,971 |
| Tax-exempt bond liabilities | $99,429,807 |
| 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 | $8,665,136 |
| Total liabilities | $132,939,436 |
| 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 | $274,734,573 |