Mount Vernon Nazarene University
Mount Vernon Nazarene University reported $69.2 million in revenue and $72.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $86.92 went to program services, $11.53 to management and general costs and $1.55 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.2% of the total. The highest compensation it reported for one person was $328,199 (PRESIDENT, CEO). 8 people received more than $100,000 in reportable compensation. Revenue rose 14% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $72MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $69MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 86.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.20 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $328,199 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.46% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 8 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 25 of 25 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe University is a four-year institution of higher education offering the degrees of Associate in Arts, Associate in Applied Science, Bachelor of Arts, Bachelor of Science, Masters of Business Administration, Masters of Science in Management, Master of Arts in Education, and such other Baccalaureate and Graduate degrees as may be authorized by the Board of Trustees of the University, and permitted by the State of Ohio and the Higher Learning Commission; Member - North Central Association. For the year ended June 30, 2025, the University conferred 395 undergraduate and graduate degrees.…
The University provides logistical and facility support for like-minded religious and educational organizations. Organizations historically served include The North Central Ohio District Church of the Nazarene, the National Christian School Athletic Association, the YMCA Great Lakes Leaders Training School, area primary and secondary schools, local first responder organizations and many others
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT, CEO Officer, 40.0 hrs/week | $293,309 | $0 | $34,890 | $328,199 |
| VP FOR FINANCE, CFO (THRU 1-2025) Officer, 40.0 hrs/week | $138,058 | $0 | $25,713 | $163,771 |
| VP of Academic Affairs Highest compensated employee, 40.0 hrs/week | $129,085 | $0 | $34,041 | $163,126 |
| VP FOR ACADEMIC AFFAIRS, CAO (THRU 1-2025) Officer, 40.0 hrs/week | $125,769 | $0 | $22,196 | $147,965 |
| Professor of Electrical & Computer Engineering Highest compensated employee, 40.0 hrs/week | $100,116 | $0 | $28,929 | $129,045 |
| VP of University Marketing & CAPS Enrollment Highest compensated employee, 40.0 hrs/week | $114,007 | $0 | $14,868 | $128,875 |
| VP for Student Life Highest compensated employee, 40.0 hrs/week | $100,880 | $0 | $27,327 | $128,207 |
| Director of Academic and Curriculum Services Highest compensated employee, 40.0 hrs/week | $103,121 | $0 | $1,862 | $104,983 |
8 people received more than $100,000 in reportable compensation from Mount Vernon Nazarene University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $600K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b25 · 25 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51,181
- Volunteers Part I, line 650
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| PIONEER COLLEGE CATERERS Food services | $1,966,048 |
| 3 Enrollment Marketing Marketing | $348,042 |
| CDW Government Inc IT Services | $271,770 |
| SmartBug Operating LLC Marketing | $255,934 |
| Martin Public Seating LLC Consulting | $247,321 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Private foundation grants it received
10 private foundations reported grants to Mount Vernon Nazarene University totaling $140K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Mount Vernon Nazarene University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mount Vernon Nazarene University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mount Vernon Nazarene University spent in FY2025, $86.92 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Georgetown Day SchoolWashington, DC · revenue $69M · programs 71.0% · FY2025
- Claflin UniversityOrangeburg, SC · revenue $69M · programs 61.4% · FY2025
- Sage Oak Charter SchoolRedlands, CA · revenue $69M · programs 89.3% · FY2025
- The Brearley SchoolNew York, NY · revenue $69M · programs 66.5% · FY2025
- Columbia CollegeColumbia, MO · revenue $69M · programs 92.9% · FY2025
Questions people ask
How much of Mount Vernon Nazarene University's spending goes to programs?
In the fiscal year ending June 30, 2025, Mount Vernon Nazarene University reported that 86.9% of its $72.0 million in expenses went to program services, 11.5% to management and general and 1.5% to fundraising (Form 990, Part IX).
How much does Mount Vernon Nazarene University pay its top executive?
The largest total compensation Mount Vernon Nazarene University reported for one person in the fiscal year ending June 30, 2025 was $328,199, for the role of PRESIDENT, CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mount Vernon Nazarene University get its money?
Of $69.2 million in revenue in the fiscal year ending June 30, 2025, 8.1% came from contributions and grants (including 0.3% from government grants) and 86.2% from program service revenue (Form 990, Part VIII).
Is Mount Vernon Nazarene University a registered charity?
The IRS lists EIN 31-0725957 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202630779349300708 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349307329 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349301242 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349302684 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349308512 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131479349300633 · read the filing
All filings for EIN 31-0725957: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.