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Edgewood University

Madison, WI · EIN 39-0806202 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Edgewood University reported $68.9 million in revenue and $70.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.49 went to program services, $9.56 to management and general costs and $1.95 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.6% of the total. The highest compensation it reported for one person was $385,894 (PRESIDENT). 31 people received more than $100,000 in reportable compensation. Revenue rose 18% 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 $70M

For 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 $69M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.6%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.9%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.41$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
87.6%69.9%
Highest reported compensation
Part VII-A, columns D–F
$385,894$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.55%1.28%
People paid over $100,000
Part VII, line 2
318
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
24.913.3
Independent voting board members
Part VI 1a–1b
19 of 22100.0%

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 expense
$57M expenses · 91.1% of program spending · grants $19M · revenue $54M

Instruction- post-secondary education, with programs for traditional undergraduates, accelerated programs for returning adults, graduate programs, and doctoral education. Full-time equivalent enrollment of 1107 undergraduate and 838 graduate and post baccalaureate students

$5.6M expenses · 8.9% of program spending · revenue $6.4M

Auxillary services- residence hall and food service serving approximately 496 student residents

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 40.00 hrs/week
$363,349$0$22,545$385,894
VP INSTITUTIONAL ADVANCEMENT
Highest compensated employee, 40.00 hrs/week
$143,517$0$80,065$223,582
VP FOR ACADEMIC AFFAIRS
Key employee, 40.00 hrs/week
$205,569$0$13,079$218,648
DEAN OF NURSING, BUS. & HEALTH
Key employee, 40.00 hrs/week
$184,645$0$13,723$198,368
VICE PRESIDENT OF FINANCE
Officer, 40.00 hrs/week
$179,082$0$13,527$192,609
PROGRAM DIRECTOR DNP-NA
Highest compensated employee, 40.00 hrs/week
$164,892$0$26,750$191,642
ASSOC DEAN BUSINESS
Highest compensated employee, 40.00 hrs/week
$179,141$0$11,327$190,468
VP FOR ADMINISTRATION
Highest compensated employee, 40.00 hrs/week
$141,964$0$34,926$176,890

31 people received more than $100,000 in reportable compensation from Edgewood University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$69M$70M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$69M$70M88.5%$146M$385,894
FY2024 ⓘ$63M$62M87.4%$143M$359,262
FY2023 ⓘ$59M$60M88.0%$138M$354,971
FY2022 ⓘ$62M$60M87.6%$139M$335,110
FY2021 ⓘ$65M$59M87.9%$141M$238,950
FY2020 ⓘ$58M$63M86.8%$123M$341,204

Governance 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–1b22 · 19 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 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,133
  • Volunteers Part I, line 630

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
UPGRAD INC
Marketing and student support services
$3,863,637
CONSOLIDATED MANAGEMENT COMPANY
Food service vendor
$1,952,343
EAB GLOBAL INC
Marketing and advisory services
$715,106
CDW GOVERNMENT LLC
It technology purchasing group
$583,692
WAICU
Membership services & it consortium
$477,291

Individuals listed as contractors are left out. 24 contractors were paid more than $100,000 in all.

Private foundation grants it received

18 private foundations reported grants to Edgewood University totaling $1.2M 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 Edgewood 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 Edgewood University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Wisconsin

Questions people ask

How much of Edgewood University's spending goes to programs?

In the fiscal year ending June 30, 2025, Edgewood University reported that 88.5% of its $70.3 million in expenses went to program services, 9.6% to management and general and 1.9% to fundraising (Form 990, Part IX).

How much does Edgewood University pay its top executive?

The largest total compensation Edgewood University reported for one person in the fiscal year ending June 30, 2025 was $385,894, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Edgewood University get its money?

Of $68.9 million in revenue in the fiscal year ending June 30, 2025, 4.9% came from contributions and grants (including 0.5% from government grants) and 87.6% from program service revenue (Form 990, Part VIII).

Is Edgewood University a registered charity?

The IRS lists EIN 39-0806202 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 202601119349301810 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501299349304050 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401249349301600 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331319349304293 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211329349306081 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101199349301485 · read the filing

All filings for EIN 39-0806202: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.