Texas Wesleyan University

Organization Overview

Texas Wesleyan University is located in Fort Worth, TX. The organization was established in 1938. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, Texas Wesleyan University employed 746 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Wesleyan 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 05/2022, Texas Wesleyan University generated $108.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $89.8m during the year ending 05/2022. While expenses have increased by 3.7% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FOUNDED IN 1890 IN FORT WORTH, TEXAS WESLEYAN UNIVERSITY IS A UNITED METHODIST INSTITUTION WITH A TRADITION IN THE LIBERAL ARTS AND SCIENCES... (CONTINUED ON SCH. O)

Describe the Organization's Program Activity:

TEXAS WESLEYAN UNIVERSITY WAS FOUNDED BY THE METHODIST EPISCOPAL CHURCH IN 1890 AND IS THE LONGEST SERVING HIGHER EDUCATION INSTITUTION IN FORT WORTH, LED BY PRESIDENT FREDERICK G. SLABACH. TEXAS WESLEYAN UNIVERSITY LAUNCHED A NEW STRATEGIC PLAN IN 2021 CALLED ENGAGE 2025. THE NEW STRATEGIC PLAN FOCUSES ON ENGAGE IN LEARNING, ENGAGE IN COMMUNITY AND ENGAGE IN LEADERSHIP. TEXAS WESLEYAN UNIVERSITY OFFERS UNDERGRADUATE DEGREES IN THE SCHOOLS OF ARTS AND SCIENCES, BUSINESS AND EDUCATION. ADDITIONALLY, THE UNIVERSITY OFFERS GRADUATE DEGREES IN THE SCHOOLS OF BUSINESS, EDUCATION AND HEALTH PROFESSIONS. THE UNIVERSITY HAS LAUNCHED SEVERAL ONLINE GRADUATE PROGRAMS WITHIN THE PAST SEVERAL YEARS. THE UNIVERSITY ALSO OFFERS AN HONORS CURRICULUM AND A PRE-HEALTH SCIENCE PROGRAM. ENDOWED FUNDS SUPPORT SCHOLARSHIPS, SPEAKER SERIES AND MANY ACADEMIC PROGRAMS BEYOND THE CLASSROOM. OFFICIAL ENROLLMENT FOR THE FALL 2021 TERM INCLUDE 1,848 UNDERGRADUATE AND 757 GRADUATE AND DOCTORAL STUDENTS FOR A TOTAL ENROLLMENT OF 2,605.


STUDENT SERVICES AND ACADEMIC SUPPORT: CAREER SERVICES PROVIDES ACADEMIC SUPPORT SERVICES THROUGH PROGRAMMING, CLASSROOM ENGAGEMENT, JOB/INTERN PLACEMENT OPPORTUNITIES, AND INDIVIDUAL COUNSELING APPOINTMENTS. PROGRAMMING INCLUDES EVENTS FOCUSED ON PROFESSIONAL DEVELOPMENT INCLUDING BUSINESS ETIQUETTE, DIGITAL NETWORKING PLATFORMS, INTERVIEW STRATEGIES, AND GRADUATE SCHOOL PREPARATION. PLACEMENT OPPORTUNITIES ARE AVAILABLE THROUGH STUDENT EMPLOYMENT FAIR, GRADUATE SCHOOL FAIR, CAREER FAIR, AND INDIVIDUAL ACADEMIC PROGRAM SHOWCASES SUCH AS COUNSELING GRADUATE STUDENT CAREER FAIR. CAREER SERVICES CONDUCTED 243 CONSULTATIONS IN 2021-2022 ADDRESSING TOPICS SUCH AS GRADUATE SCHOOL, TYPOLOGY ASSESSMENTS, JOB SEARCH, INTERNSHIP COUNSELING, MAJOR ADVISING, MOCK INTERVIEWS, RESUME REVIEWS, STUDENT EMPLOYMENT, AND OTHER CAREER RELATED MATTERS. ORIENTATION AND NEW STUDENT EXPERIENCES COORDINATED 19 ORIENTATION SESSIONS SERVING 665 PROSPECTIVE STUDENTS FOR 2021-2022. THE OFFICE OF THE DEAN OF STUDENTS ADDRESSES MATTERS CONCERNING ALLEGED MISCONDUCT, CRISIS INTERVENTION, AND CONFLICT RESOLUTION. PROACTIVE EDUCATIONAL INITIATIVES INCLUDE PROGRAMMING FOR SEXUAL ASSAULT AWARENESS MONTH, DOMESTIC VIOLENCE AWARENESS MONTH, AND SAFE-ZONE TRAINING IN ADDITION TO PUBLISHING PREVENTION AND RESPONSE, WHICH IS A TITLE IX RESOURCE. THE TITLE IX POLICY AND WEBSITE WERE UPDATED TO REFLECT THE NEW REGULATIONS. THE DIVISION OF STUDENT AFFAIRS PROMOTES NUMEROUS SUPPORT SERVICES INCLUDING STUDENT ORGANIZATIONS, GREEK LIFE, SOCIAL PROGRAMMING, AND SERVICE LEARNING PROGRAMS. THE MORTON FITNESS CENTER PROVIDES EQUIPMENT AND FACILITIES TO ENCOURAGE WELLNESS AND COMPETITIVE EXCELLENCE INCLUDING WEIGHT TRAINING, CARDIO, AND GROUP FITNESS CLASSES.


HOUSING AND RESIDENCE LIFE: THE UNIVERSITY OFFERS TRADITIONAL, SUITE-STYLE, AND APARTMENT STYLE HALLS ON-CAMPUS WITH OVER 500 RESIDENTS IN FALL 2021. RESIDENCE LIFE STAFF FOCUSES ON REGULAR ONE-ON-ONE INTERACTIONS WITH EACH RESIDENT FOCUSED ON BUILDING RELATIONSHIPS, STIMULATING COMMUNITY, AND HELPING EACH RESIDENT FIND SUCCESS AT TEXAS WESLEYAN. RESIDENCE LIFE HOSTS PROGRAMS IN THE RESIDENCE HALLS THAT HELP STUDENTS DEVELOP IN THE AREAS OF HEALTHY LIVING, MULTICULTURAL COMPETENCE, GLOBAL CITIZENSHIP, LEADERSHIP DEVELOPMENT, PROFESSIONAL DEVELOPMENT, AND EDUCATIONAL EXPLORATION. PROGRAMMING IN THE HALLS IS BASED ON CURRENT STUDENT NEEDS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aramark Food And Support Services
Food Service
$1,785,974
Dynamic Campus Solutions Inc
It Service
$2,590,715
Prim Construction Llc
Renovation
$1,257,879
Blackmon Mooring Steamatic
Restoration
$712,891
Sunstates Security Llc
Security
$603,784
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$634,697
Related organizations$0
Government grants $10,573,808
All other contributions, gifts, grants, and similar amounts not included above$14,300,629
Noncash contributions included in lines 1a–1f $55,719
Total Revenue from Contributions, Gifts, Grants & Similar$25,509,134
Total Program Service Revenue$74,417,297
Investment income $3,453,000
Tax Exempt Bond Proceeds $0
Royalties $3,186,519
Net Rental Income $301,516
Net Gain/Loss on Asset Sales $1,787,823
Net Income from Fundraising Events -$80,320
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $108,798,845

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Texas Wesleyan University has recieved totaling $22,002.

Awarding OrganizationAmount
Virginia Odonnell Charitable Tr

Fort Worth, TX

PURPOSE: TO AID AND ASSIST IN THE PRIMARY WORKS OF THE BENEFICIARY INSTITUTIONS.

$18,002
Florence Kerr Educational Tr

Fort Worth, TX

PURPOSE: EDUCATIONAL

$4,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$73,607,396
Earnings-$663,831
Net Contributions$2,370,389
Other Expense$814,236
Grants$1,213,931
Ending Balance$73,285,787

Peer Organizations

Organization NameAssets
Texas Christian University
Fort Worth, TX
$1,168,273,968
Southern Methodist University
Dallas, TX
$1,151,429,320
University Of The Incarnate Word
San Antonio, TX
$259,002,070
Trinity University
San Antonio, TX
$314,487,625
Abilene Christian University
Abilene, TX
$252,996,672
Loyola University
New Orleans, LA
$180,729,254
St Edwards University
Austin, TX
$177,051,726
St Marys University Of San Antonio
San Antonio, TX
$162,157,507
Texas A&m Foundation
College Station, TX
$282,467,067
Dallas Baptist University
Dallas, TX
$142,120,388
Oral Roberts University
Tulsa, OK
$191,939,533
Xavier University Of Louisiana
New Orleans, LA
$172,171,417

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