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Nova Southeastern University

Also known as Nova Southeastern University

Fort Lauderdale, FL · EIN 59-1083502 · 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

Nova Southeastern University reported $1.06 billion in revenue and $998.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.51 went to program services, $15.16 to management and general costs and $0.33 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 89.1% of the total. The highest compensation it reported for one person was $1,800,665 (President/CEO through 1/1/2025). 1,038 people received more than $100,000 in reportable compensation. Revenue rose 37% 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 $998M

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 $1.06B

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)
84.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
6.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
4.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
89.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,800,665$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.18%1.28%
People paid over $100,000
Part VII, line 2
1,0388
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
16.113.3
Independent voting board members
Part VI 1a–1b
23 of 24100.0%

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
$439M expenses · 52.0% of program spending · grants $163M · revenue $46M

Instructional Services: Nova Southeastern University (NSU) offers undergraduate degrees, graduate and first professional degrees, and certificate programs to more than 20,000 full-time and part-time students in a wide range of academic programs. In addition to the main Fort Lauderdale/Davie and Oceanographic Campuses in South Florida, courses are taught at 9 regional campuses located across Florida, in Puerto Rico, and Colorado; and at limited sites in other states and foreign countries. The NSU University School offers innovative primary and secondary education to children from preschool…

$118M expenses · 14.0% of program spending · grants $36,781 · revenue $12M

Academic Support: This comprises functions that directly support the university's primary service mission of instruction, such as the university's library system and art museum. The university libraries include the Martin and Gail Press Health Professions Division Library; the Panza Maurer Law Library; the Oceanographic Campus Library; the NSU University School Media Center; and the Alvin Sherman Library, Research and Information Technology Center. Buildings within the university library system offer wireless access and a variety of study spaces, including group and individual study rooms…

$88M expenses · 10.4% of program spending · grants $795K · revenue $821M

Auxiliary Enterprises: Nova Southeastern University's NSU Health is a patient centric, integrated health care network built on a foundation of education, research, and the highest quality patient care.NSU Health has many outpatient facilities and provides care in medical, dental, optometry, pharmacy, and mental health services, including family therapy. There are also specialty services available, such as audiology, occupational therapy, physical therapy, and speech language pathology. In addition to the health care facilities on the Fort Lauderdale/Davie Campus, NSU Health provides services…

$199M all other programs (line 4d)

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/CEO through 1/1/2025
Director/trustee, officer, 37.50 hrs/week
$1,279,735$0$520,930$1,800,665
Dean - Coll of Osteopathic Medicine
Key employee, 37.50 hrs/week
$749,441$0$55,571$805,012
Dean - Coll Of Allopathic Medicine
Highest compensated employee, 37.50 hrs/week
$711,012$0$56,707$767,719
EVP/COO; President/CEO beg 1/2/25
Director/trustee, officer, 37.50 hrs/week
$627,679$0$57,408$685,087
Medical Director - NSU Health Neuro Inst.
Highest compensated employee, 37.50 hrs/week
$497,589$0$52,412$550,001
Provost/EVP Acad Affairs
Officer, 37.50 hrs/week
$485,362$0$57,815$543,177
Dean - Coll of Dental Medicine
Highest compensated employee, 37.50 hrs/week
$444,844$0$56,341$501,185
Snr VP Enrollment Mmgmt & Stud Affrs
Highest compensated employee, 37.50 hrs/week
$453,199$0$46,386$499,585

1,038 people received more than $100,000 in reportable compensation from Nova Southeastern University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.0M (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$500M$1.00B$1.50B$2.00BFY2020FY2021FY2022FY2023FY2024FY2025$1.06B$998M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$1.06B$998M84.5%$1.34B$1,800,665
FY2024 ⓘ$1.02B$958M86.0%$1.21B$1,882,049
FY2023 ⓘ$938M$887M85.6%$1.12B$1,802,694
FY2022 ⓘ$878M$811M86.0%$1.04B$1,222,353
FY2021 ⓘ$837M$747M85.0%$1.05B$1,318,559
FY2020 ⓘ$778M$754M86.7%$925M$961,020

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–1b24 · 23 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 4Yes
  • 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 59,197
  • Volunteers Part I, line 61,702

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Encompass Onsite Solutions
Janitorial
$16,555,174
Kibler Contruction LLC
Construction
$12,006,815
Chartwells
Food Services
$11,033,734
Hill York Service Company LLC
Construction
$6,086,813

Individuals listed as contractors are left out. 111 contractors were paid more than $100,000 in all.

Private foundation grants it received

56 private foundations reported grants to Nova Southeastern University totaling $4.1M 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 Nova Southeastern 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 Nova Southeastern University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Florida

Questions people ask

How much of Nova Southeastern University's spending goes to programs?

In the fiscal year ending June 30, 2025, Nova Southeastern University reported that 84.5% of its $998.3 million in expenses went to program services, 15.2% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Nova Southeastern University pay its top executive?

The largest total compensation Nova Southeastern University reported for one person in the fiscal year ending June 30, 2025 was $1,800,665, for the role of President/CEO through 1/1/2025 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Nova Southeastern University get its money?

Of $1.06 billion in revenue in the fiscal year ending June 30, 2025, 6.0% came from contributions and grants (including 4.5% from government grants) and 89.1% from program service revenue (Form 990, Part VIII).

Is Nova Southeastern University a registered charity?

The IRS lists EIN 59-1083502 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 202621329349300417 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521299349302447 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441319349302119 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349301809 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231329349301128 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141339349301724 · read the filing

All filings for EIN 59-1083502: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.