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Gardner-Webb University

Boiling Springs, NC · EIN 56-0529972 · 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

Gardner-Webb University reported $107.7 million in revenue and $103.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.78 went to program services, $10.37 to management and general costs and $0.85 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 84.5% of the total. The highest compensation it reported for one person was $564,328 (PRESIDENT (THRU 2/2025)). 39 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 $103M

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 $108M

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)
88.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
10.4%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
$0.12$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.7%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
1.2%1.1%
Program service revenue share
Part VIII 2g ÷ 12
84.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$564,328$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
398
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.913.3
Independent voting board members
Part VI 1a–1b
16 of 16100.0%

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
$92M expenses · 100.0% of program spending · grants $36M · revenue $91M

The primary goal of gardner-Webb University is to provide education to students. The university offers undergraduate, graduate, and doctoral degrees. The university enrolled approximately 3,000 students during 2024-2025 and awarded approximately $32m in scholarships and tuition assistance

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 (THRU 2/2025)
Officer, 40.00 hrs/week
$492,372$0$71,956$564,328
VP FOR ATHLETICS
Highest compensated employee, 40.00 hrs/week
$198,264$0$28,466$226,730
FOOTBALL COACH
Highest compensated employee, 40.00 hrs/week
$187,242$0$35,954$223,196
PROVOST
Key employee, 40.00 hrs/week
$201,570$0$12,157$213,727
VP FOR BUSINESS AND FINANCE
Key employee, 40.00 hrs/week
$174,562$0$37,840$212,402
PROFESSOR
Highest compensated employee, 40.00 hrs/week
$194,276$0$9,582$203,858
VP, ADVANCEMENT/INTERIM PRESIDENT
Highest compensated employee, 40.00 hrs/week
$161,223$0$23,341$184,564
VP FOR ENROLLMENT
Highest compensated employee, 40.00 hrs/week
$158,227$0$19,484$177,711

39 people received more than $100,000 in reportable compensation from Gardner-Webb University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $720K (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$50M$100M$150M$200MFY2020FY2021FY2022FY2023FY2024FY2025$108M$103M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$108M$103M88.8%$137M$564,328
FY2024 ⓘ$102M$100M87.3%$134M$588,821
FY2023 ⓘ$97M$99M87.1%$126M$467,638
FY2022 ⓘ$103M$99M87.7%$123M$395,009
FY2021 ⓘ$101M$95M88.2%$132M$400,035
FY2020 ⓘ$91M$95M87.2%$116M$287,264

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–1b16 · 16 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 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 51,241
  • Volunteers Part I, line 621

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ARAMARK
Cafeteria services
$6,770,601
K12 TEACHERS ALLIANCE
Recruiting services
$1,418,250
PALMETTO ROOFING SPECIALTIES
General contractor
$830,316
EAB
Consulting services
$441,449

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Private foundation grants it received

23 private foundations reported grants to Gardner-Webb University totaling $649K 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 Gardner-Webb 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 Gardner-Webb University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of Gardner-Webb University's spending goes to programs?

In the fiscal year ending June 30, 2025, Gardner-Webb University reported that 88.8% of its $103.4 million in expenses went to program services, 10.4% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does Gardner-Webb University pay its top executive?

The largest total compensation Gardner-Webb University reported for one person in the fiscal year ending June 30, 2025 was $564,328, for the role of PRESIDENT (THRU 2/2025) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Gardner-Webb University get its money?

Of $107.7 million in revenue in the fiscal year ending June 30, 2025, 6.7% came from contributions and grants (including 1.2% from government grants) and 84.5% from program service revenue (Form 990, Part VIII).

Is Gardner-Webb University a registered charity?

The IRS lists EIN 56-0529972 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 202611349349306161 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521359349302727 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431349349301998 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349304209 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103149349301520 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202023039349301512 · read the filing

All filings for EIN 56-0529972: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.