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Everglades College

Also known as Keiser Univ & Everglades Univ

Ft Lauderdale, FL · EIN 65-0216638 · 501(c)(3) · School
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Everglades College reported $663.3 million in revenue and $602.1 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.4% of the total. The highest compensation it reported for one person was $899,724 (CHANCELLOR). 279 people received more than $100,000 in reportable compensation. Revenue rose 26% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $602M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $663M

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

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
100.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
0.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
97.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$899,724$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.15%1.28%
People paid over $100,000
Part VII, line 2
2798
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
11.613.3
Independent voting board members
Part VI 1a–1b
9 of 10100.0%

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

2024 · Form 990, Part III · the three largest programs by expense
$602M expenses · 100.0% of program spending · grants $106M · revenue $648M

Keiser university and everglades university provide educational programs at the undergraduate and graduate levels for a diverse student body in traditional, non-traditional and online delivery formats. This activity constitutes 100% of its program services

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHANCELLOR
Officer, 40.00 hrs/week
$874,709$0$25,015$899,724
EXECUTIVE VICE CHANCELLOR
Officer, 40.00 hrs/week
$816,471$0$25,166$841,637
PRESIDENT
Key employee, 40.00 hrs/week
$559,067$0$39,846$598,913
VICE CHANCELLOR
Highest compensated employee, 40.00 hrs/week
$480,370$0$32,967$513,337
CAMPUS PRESIDENT
Highest compensated employee, 40.00 hrs/week
$382,842$0$25,015$407,857
VICE CHANCELLOR
Highest compensated employee, 40.00 hrs/week
$382,196$0$15,421$397,617
ASSOCIATE VICE CHANCELLOR
Highest compensated employee, 40.00 hrs/week
$341,377$0$25,121$366,498
CAMPUS PRESIDENT
Highest compensated employee, 40.00 hrs/week
$333,157$0$24,837$357,994

279 people received more than $100,000 in reportable compensation from Everglades College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.7M (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$200M$400M$600M$800M201920202021202220232024$663M$602M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$663M$602M100.0%$582M$899,724
2023 ⓘ$629M$606M100.0%$518M$896,353
2022 ⓘ$599M$572M100.0%$495M$896,638
2021 ⓘ$647M$573M100.0%$472M$883,035
2020 ⓘ$560M$503M100.0%$400M$831,000
2019 ⓘ$526M$540M100.0%$333M$831,000

Governance answers, as filed

2024 · 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–1b10 · 9 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 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • 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 54,090

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
EDDY HOLDINGS
See detail on sch. O
$48,961,332
XXVI HOLDINGS INC
See detail on sch. O
$32,388,349
UMR INC
Healthcare
$25,091,103
SODEXO INC
Hospitality/property mgmt.
$19,852,126
FHEG-FOLLETT HIGHER EDUCATION GROUP INC
Book store management
$16,902,488

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

2 private foundations reported grants to Everglades College totaling $2,168 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 Everglades College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Everglades College, 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 Everglades College's spending goes to programs?

In calendar year 2024, Everglades College reported that 100.0% of its $602.1 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Everglades College pay its top executive?

The largest total compensation Everglades College reported for one person in calendar year 2024 was $899,724, for the role of CHANCELLOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Everglades College get its money?

Of $663.3 million in revenue in calendar year 2024, 0.5% came from contributions and grants (including 0.4% from government grants) and 97.4% from program service revenue (Form 990, Part VIII).

Is Everglades College a registered charity?

The IRS lists EIN 65-0216638 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

  • 2024: Form 990 for calendar year 2024, object 202523219349303667 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202541069349301214 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313189349309676 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202330269349300428 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103209349302050 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023309349300032 · read the filing

All filings for EIN 65-0216638: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.