The University of Findlay
The University of Findlay reported $152.4 million in revenue and $153.7 million in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $91.17 went to program services, $8.03 to management and general costs and $0.80 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 82.3% of the total. Government grants made up 5.5%. The highest compensation it reported for one person was $428,379 (President). 56 people received more than $100,000 in reportable compensation. Revenue rose 13% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $154MFor 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 July 31, 2025 · Form 990, Part VIII · total revenue $152MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 11.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 5.5% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 82.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $428,379 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.28% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 56 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 14.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 28 of 29 | 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 expenseUniversity of Findlay is a comprehensive, private university that offers both undergraduate and graduate studies and is accredited by the higher learning commission. University of Findlay offers more than 44 areas of undergraduate study and has a current undergraduate enrollment of nearly 2,001 students. Some of the more popular undergraduate programs include: business (299 students), education (143 students), health professions (381 students), pharmacy (128 students), liberal arts (201 students), natural science (796 students) and other (53 students). Many of the university's programs have a…
University of Findlay has various auxiliary departments that provide services to their students, these auxiliary departments include dormitories for student living, dining halls, campus stores for students and the university's on-campus veterinary clinic
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 Officer, 40.0 hrs/week | $350,616 | $0 | $77,763 | $428,379 |
| Dean, College of Pharmacy Key employee, 40.0 hrs/week | $212,473 | $0 | $36,242 | $248,715 |
| VP of Academic Affairs (thru 7/31/25) Officer, 40.0 hrs/week | $201,165 | $0 | $28,698 | $229,863 |
| VP of Advancement Officer, 40.0 hrs/week | $161,148 | $0 | $38,192 | $199,340 |
| VP for Student Affairs and Athletics Officer, 40.0 hrs/week | $152,961 | $0 | $37,063 | $190,024 |
| VP for Enrollment & Marketing (Thru 11/19/24) Officer, 40.0 hrs/week | $159,101 | $0 | $29,245 | $188,346 |
| VP of ITS (Thru May 2024) Officer, 40.0 hrs/week | $156,036 | $0 | $27,422 | $183,458 |
| Interim VP of ITS (thru 12/20/24), VP of ITS Officer, 40.0 hrs/week | $145,017 | $0 | $32,619 | $177,636 |
56 people received more than $100,000 in reportable compensation from The University of Findlay (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.4M (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–1b29 · 28 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 11aYes
- 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 14bYes
- Employees Part I, line 51,979
- Volunteers Part I, line 6250
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| K & E HVAC Solutions LLC Construction & Repair | $262,729 |
| Timely Telehealth LLC Healthcare | $257,607 |
| Watermark Insights LLC Software licensing/subscriptions | $124,791 |
| Crowe LLP Audit & Tax Services | $119,470 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
29 private foundations reported grants to The University of Findlay totaling $439K 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 The University of Findlay's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The University of Findlay, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The University of Findlay spent in FY2025, $91.17 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- West Virginia University FoundationMorgantown, WV · revenue $152M · programs 83.1% · FY2025
- Highlands Community Charter and Technical SchoolsSacramento, CA · revenue $153M · programs 90.6% · FY2025
- Pensacola Christian CollegePensacola, FL · revenue $152M · programs 79.8% · FY2025
- Education Loan FinanceKnoxville, TN · revenue $153M · programs 96.8% · 2024
- Trustees of Deerfield AcademyDeerfield, MA · revenue $152M · programs 77.1% · FY2025
Questions people ask
How much of The University of Findlay's spending goes to programs?
In the fiscal year ending July 31, 2025, The University of Findlay reported that 91.2% of its $153.7 million in expenses went to program services, 8.0% to management and general and 0.8% to fundraising (Form 990, Part IX).
How much does The University of Findlay pay its top executive?
The largest total compensation The University of Findlay reported for one person in the fiscal year ending July 31, 2025 was $428,379, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The University of Findlay get its money?
Of $152.4 million in revenue in the fiscal year ending July 31, 2025, 11.4% came from contributions and grants (including 5.5% from government grants) and 82.3% from program service revenue (Form 990, Part VIII).
Is The University of Findlay a registered charity?
The IRS lists EIN 34-4431169 as a 501(c)(3) organization (school), 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 July 31, 2025, object 202601639349301190 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202511639349300506 · read the filing
- FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202401509349300145 · read the filing
- FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202321669349301687 · read the filing
- FY2021: Form 990 for the fiscal year ending July 31, 2021, object 202211609349301116 · read the filing
- FY2020: Form 990 for the fiscal year ending July 31, 2020, object 202120819349300867 · read the filing
All filings for EIN 34-4431169: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.