Olivet Nazarene University
Olivet Nazarene University reported $147.9 million in revenue and $148.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.84 went to program services, $7.45 to management and general costs and $2.71 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.5% of the total. The highest compensation it reported for one person was $422,971 (PRESIDENT). 37 people received more than $100,000 in reportable compensation. Revenue rose 2% 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 $148MFor 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 $148MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.22 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 12.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 3.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 85.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $422,971 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.29% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 37 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 56 of 61 | 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 expenseTuition and fees - instruction of students in a program of higher education, covering over 140 areas of study and serving 3,332 students in the fiscal year ending 6/30/25
Auxiliary enterprises- providing dormitories, cafeteria, campus communications, and conference income for students and others
Student and athletic services - providing competitive athletic programs to engage student life experience
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 Director/trustee, officer, 40.00 hrs/week | $265,472 | $0 | $157,499 | $422,971 |
| VP OF ENROLLMENT MANAGEMENT Officer, 40.00 hrs/week | $122,288 | $0 | $63,801 | $186,089 |
| VP OF ACADEMIC AFFAIRS Officer, 40.00 hrs/week | $159,564 | $0 | $24,669 | $184,233 |
| VP FOR INSTITUTIONAL ADVANCEMENT Officer, 40.00 hrs/week | $158,621 | $0 | $22,141 | $180,762 |
| DEAN ONLINE LEARNING Highest compensated employee, 50.00 hrs/week | $142,125 | $0 | $36,390 | $178,515 |
| VP OF OPERATIONS Officer, 45.00 hrs/week | $141,518 | $0 | $31,917 | $173,435 |
| VICE PRESIDENT FOR FINANCE, CFO Officer, 45.00 hrs/week | $140,131 | $0 | $30,047 | $170,178 |
| CHAIR, HISTORY & POLITICAL SCIENCE Highest compensated employee, 50.00 hrs/week | $138,208 | $0 | $31,497 | $169,705 |
37 people received more than $100,000 in reportable compensation from Olivet Nazarene University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (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–1b61 · 56 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 2No
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 51,833
- Volunteers Part I, line 6100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SODEXO Food services | $7,158,925 |
| 989 GROUP LLC Marketing services | $1,533,609 |
| SHI INTERNATIONAL CORP It services | $1,012,156 |
| ELLUCIAN It services | $559,656 |
| BEARY LANDSCAPE MANAGEMENT Lawn care services | $547,600 |
Individuals listed as contractors are left out. 62 contractors were paid more than $100,000 in all.
Private foundation grants it received
25 private foundations reported grants to Olivet Nazarene University totaling $340K 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 Olivet 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 Olivet Nazarene University, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Olivet Nazarene University spent in FY2025, $89.84 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Robert W Woodruff Health Sciences Center FundAtlanta, GA · revenue $148M · programs 98.4% · FY2025
- Benedictine CollegeAtchison, KS · revenue $148M · programs 85.0% · FY2025
- Montana State University FoundationBozeman, MT · revenue $147M · programs 85.7% · FY2025
- Harding UniversitySearcy, AR · revenue $149M · programs 89.0% · FY2025
- Carroll UniversityWaukesha, WI · revenue $147M · programs 89.9% · FY2025
Questions people ask
How much of Olivet Nazarene University's spending goes to programs?
In the fiscal year ending June 30, 2025, Olivet Nazarene University reported that 89.8% of its $148.0 million in expenses went to program services, 7.5% to management and general and 2.7% to fundraising (Form 990, Part IX).
How much does Olivet Nazarene University pay its top executive?
The largest total compensation Olivet Nazarene University reported for one person in the fiscal year ending June 30, 2025 was $422,971, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Olivet Nazarene University get its money?
Of $147.9 million in revenue in the fiscal year ending June 30, 2025, 12.4% came from contributions and grants (including 3.9% from government grants) and 85.5% from program service revenue (Form 990, Part VIII).
Is Olivet Nazarene University a registered charity?
The IRS lists EIN 36-2191252 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 June 30, 2025, object 202611319349301301 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349303442 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349305929 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202223199349310217 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021 (amended), object 202240349349301414 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100439349301845 · read the filing
All filings for EIN 36-2191252: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.