Alvernia University
501(c)(3) Donations tax-deductible
85% goes to programs $12 to raise $100 Strong reserves
Alvernia University is a 501(c)(3) organization based in Reading, Pennsylvania, registered in 1946, with $120,653,139 in FY2024 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
400 Saint Bernardine St, Reading, PA, 19607 EIN 23-1522643 Since 1946
Revenue (FY2024)
$120.7M
▲ 10.5% vs prior year
Expenses (FY2024)
$116.6M
Net assets
$119.9M
Employees
1,364
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Alvernia University: 85% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Alvernia University: 12 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Alvernia University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Alvernia University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
A catholic comprehensive university with a liberal arts foundation founded by the bernardine franciscan sisters
Contact & location
- Address
- 400 Saint Bernardine St, Reading, PA, 19607
- City
- Reading
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $70.8M (FY2013) to $120.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $107.7MNet assets $119.9M
Operating margin
3.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$227.6M
Total liabilities
$107.7M
Net assets
$119.9M
Salaries & benefits
$38.2M
33% of expenses
Board members
38
36 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $120,653,139▲10.5% | $116,621,137▲6.7% | $119,940,769▲4.4% | $227,647,098▼0.2% | 990 |
| 2023 | $109,201,504▼1.3% | $109,326,332▲4.4% | $114,867,366▲2.5% | $228,119,350▲4.0% | 990 |
| 2022 | $110,643,942▼0.7% | $104,747,650▲8.6% | $112,059,961▲7.7% | $219,365,146▲12.9% | 990 |
| 2021 | $111,427,608▲17.2% | $96,409,408▲11.0% | $104,078,752▲10.0% | $194,339,398 | 990 |
| 2020 | $95,081,887▲5.6% | $86,819,297▼3.0% | $94,615,629▲20.5% | $194,374,923▲13.9% | 990 |
| 2019 | $90,031,322▲2.9% | $89,491,945▲5.4% | $78,544,322▼1.6% | $170,646,570▲8.4% | 990 |
| 2018 | $87,506,069▲3.6% | $84,919,017▲6.6% | $79,786,049▲3.0% | $157,362,646▲3.8% | 990 |
| 2017 | $84,442,742▲5.7% | $79,664,434▲4.8% | $77,468,446▲9.0% | $151,614,989▲6.1% | 990 |
| 2016 | $79,901,571▲1.0% | $76,018,261▲1.4% | $71,095,598▲13.5% | $142,858,991▲4.0% | 990 |
| 2015 | $79,141,847▲7.8% | $74,955,096▲4.3% | $62,640,506▲5.8% | $137,335,508▲4.3% | 990 |
| 2014 | $73,382,306▲3.6% | $71,840,048▲3.8% | $59,201,618▲4.8% | $131,678,936▼2.0% | 990 |
| 2013 | $70,845,492 | $69,214,343▲6.3% | $56,499,802▲5.7% | $134,378,242▲4.3% | 990 |
| 2012 | — | $65,113,075▲5.7% | $53,474,158▲9.1% | $128,884,709▲8.2% | 990 |
| 2011 | — | $61,607,298▲6.9% | $49,021,158▲4.2% | $119,097,971▲17.2% | 990 |
| 2010 | — | $57,634,534▲11.2% | $47,047,199▲18.3% | $101,600,962▲8.4% | 990 |
| 2009 | — | $51,820,534 | $39,753,684 | $93,699,097 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Glynis Fitzgerald — $465,442 (0.40% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Glynis Fitzgerald | President | 40 | $465,442 |
| John Mccloskey | Svp, Coo, Secretary | 40 | $279,615 |
| Mary-alice Ozechoski | Svp, Enrollment Mgmt & Student Affairs | 40 | $236,479 |
| John Loyack | Consulting Executive Director | 40 | $232,631 |
| Leamor Kahanov | Svp, Provost | 40 | $229,490 |
| Thomas Minick | Vp, Advancement & Government | 40 | $208,109 |
| Rodney Ridley | Vp, Chief Operations Officer | 40 | $199,251 |
| Adam Waszkiewicz | Vp, Business Affairs | 40 | $179,109 |
| Patricia Reger | Dean, College of Health Sciences | 40 | $170,338 |
| Gaetan Giannini | Vp, Graduate & Adult Education | 40 | $165,981 |
| David Shoup | Dean, College of Stem | 40 | $163,947 |
| Travis Berger | Dean, Business Comm. & Leadership | 40 | $157,567 |
| Renee Langstaff | Director of Physician Assistant Prog | 40 | $153,614 |
| Elizabeth Matteo | Dean, College of Humanities & Social Services | 40 | $152,321 |
| Mary Ellen Wells | Associate Provost | 40 | $149,899 |
| Darryl Mace | Vp, Mission Diversity & Inclusion | 40 | $146,055 |
| Tufan Tiglioglu | Professor | 40 | $132,790 |
| William Stiles | Avp, Athletics | 40 | $124,581 |
| Meggan Hannigan | Avp, Institutional Advancement | 40 | $121,386 |
| Adelle Schade | Vp, Innovation Ventures | 40 | $114,230 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Dunmore Roofing & Supply Co Inc | Construction | $610,650 |
| Dipini Construction | Construction | $558,135 |
| Kre Security LLC | Security | $471,544 |
| Ethosource LLC | Furniture | $270,957 |
| Johnson Controls Fire Proptection LP | Alarm Systems | $257,703 |
Grants received · $3.2M total
38 grants to Alvernia University totaling $3.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Board of Medical Examiners | Grant - see part iv | 2024 | $170,035 |
| American Online Giving Foundation Inc | General support | 2024 | $5,511 |
| Donor Advised Charitable Giving | Education | 2023 | $60,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $16,000 |
| St Lukes Hospital | Program support | 2023 | $12,500 |
| St Joseph Regional Health Network | Program support | 2023 | $5,500 |
| Donor Advised Charitable Giving | Education | 2022 | $251,050 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $20,000 |
| St Lukes Hospital | Program support | 2022 | $15,000 |
| American Institute of Certified Public Accountants | Contribution | 2022 | $9,018 |
| St Joseph Regional Health Network | Program support | 2022 | $5,500 |
| American Online Giving Foundation Inc | General support | 2022 | $5,474 |
| Donor Advised Charitable Giving | Education | 2021 | $1,621,650 |
| National Philanthropic Tr | Education | 2021 | $101,000 |
Frequently asked questions
- Is Alvernia University a legitimate nonprofit?
- Yes. Alvernia University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-1522643, based in Reading, Pennsylvania. Donations are tax-deductible.
- What is Alvernia University's EIN?
- Alvernia University's Employer Identification Number (EIN) is 23-1522643.
- How much revenue does Alvernia University report?
- Alvernia University reported $120,653,139 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Alvernia University's spending goes to programs?
- Alvernia University spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Alvernia University have?
- CharityIndex grades Alvernia University A, based on program efficiency and fundraising cost.
- How much does Alvernia University's highest-paid employee make?
- The highest reported compensation on Alvernia University's latest Form 990 is $465,442, paid to Glynis Fitzgerald (President).
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Data for Alvernia University (EIN 23-1522643) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.