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Wayland Baptist University

Plainview, TX · EIN 75-0859668 · 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

Wayland Baptist University reported $59.5 million in revenue and $67.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.12 went to program services, $15.73 to management and general costs and $1.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 74.5% of the total. Government grants made up 7.5%. The highest compensation it reported for one person was $257,643 (FORMER UNIVERSITY PRESIDENT). 15 people received more than $100,000 in reportable compensation. Revenue fell 6% 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 $67M

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 $59M

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)
83.1%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
15.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
17.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
7.5%1.1%
Program service revenue share
Part VIII 2g ÷ 12
74.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$257,643$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.38%1.28%
People paid over $100,000
Part VII, line 2
158
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
28.913.3
Independent voting board members
Part VI 1a–1b
28 of 29100.0%

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
$56M expenses · 100.0% of program spending · grants $11M · revenue $44M

An accredited university, providing academic programs and student services across eight schools, eight external campuses, and through wbu online. Intercollegiate athletics and residential services are also offered at the main campus in plainview, texas

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
FORMER UNIVERSITY PRESIDENT
Former, 40.00 hrs/week
$255,540$0$2,103$257,643
UNIVERSITY PRESIDENT
Officer, 40.00 hrs/week
$194,260$0$12,824$207,084
FORMER SR. VP OF OP & STUDENT LIFE
Former, 40.00 hrs/week
$142,301$0$19,162$161,463
VP OF INSTITUTIONAL ADVANCEMENT
Officer, 40.00 hrs/week
$137,022$0$14,853$151,875
ASSISTANT PROFESSOR OF MANAGEMENT
Highest compensated employee, 40.00 hrs/week
$103,533$0$43,469$147,002
VP OF ACADEMIC AFFAIRS
Officer, 40.00 hrs/week
$104,914$0$40,938$145,852
VP OF EXTERNAL CAMPUSES
Officer, 40.00 hrs/week
$108,128$0$34,618$142,746
EXEC. DIR./CAMPUS DEAN HAWAII
Highest compensated employee, 40.00 hrs/week
$117,635$0$23,537$141,172

15 people received more than $100,000 in reportable compensation from Wayland Baptist University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (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$59M$67M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$59M$67M83.1%$162M$257,643
FY2024 ⓘ$61M$63M85.7%$155M$398,488
FY2023 ⓘ$58M$62M85.0%$152M$405,598
FY2022 ⓘ$74M$70M87.8%$129M$387,294
FY2021 ⓘ$76M$69M84.7%$132M$389,704
FY2020 ⓘ$63M$65M90.8%$122M$383,785

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–1b29 · 28 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 15aNo
  • 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 14bNo
  • Employees Part I, line 51,011
  • Volunteers Part I, line 675

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SANDIA CONSTRUCTION INC
Construction services
$5,484,029
SODEXO INC
Food services
$2,931,192
ELLUCIAN COMPANY LP
Information technology
$2,750,068
VERBA SOFTWARE INC
Software services
$948,870
DRASH CONTRACTING COMPANY LP
General contractor
$512,707

Individuals listed as contractors are left out. 19 contractors were paid more than $100,000 in all.

Private foundation grants it received

20 private foundations reported grants to Wayland Baptist University totaling $452K 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 Wayland Baptist 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 Wayland Baptist University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Texas

Questions people ask

How much of Wayland Baptist University's spending goes to programs?

In the fiscal year ending June 30, 2025, Wayland Baptist University reported that 83.1% of its $67.0 million in expenses went to program services, 15.7% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does Wayland Baptist University pay its top executive?

The largest total compensation Wayland Baptist University reported for one person in the fiscal year ending June 30, 2025 was $257,643, for the role of FORMER UNIVERSITY PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Wayland Baptist University get its money?

Of $59.5 million in revenue in the fiscal year ending June 30, 2025, 17.0% came from contributions and grants (including 7.5% from government grants) and 74.5% from program service revenue (Form 990, Part VIII).

Is Wayland Baptist University a registered charity?

The IRS lists EIN 75-0859668 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 202631359349304273 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521339349304442 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441349349308374 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349313960 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211949349300206 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131349349306708 · read the filing

All filings for EIN 75-0859668: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.