Felician University
91% goes to programs $12 to raise $100 Strong reserves
Felician University is a 501(c)(3) organization based in Lodi, New Jersey, registered in 1946, with $80,306,644 in FY2023 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
262 S Main St, Lodi, NJ, 07644 EIN 22-1912028 Since 1946
Revenue (FY2023)
$80.3M
▼ 1.7% vs prior year
Education median: $200K
Expenses (FY2023)
$87.3M
Net assets
$54.5M
Employees
805
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 rating91% 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 Felician University: 91% to programs · $12 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating7 mo reserves · -9% 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 Felician University: 7 mo reserves · -9% margin earns a B+ 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 Felician 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 Felician University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Educating a diverse student population within a liberal arts framework.
Contact & location
- Address
- 262 S Main St, Lodi, NJ, 07644
- City
- Lodi
- State
- New Jersey
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $53.0M (FY2013) to $80.3M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $37.7MNet assets $54.5M
Operating margin
-8.6%
Spent more than it raised in the latest fiscal year.
Total assets
$92.2M
Total liabilities
$37.7M
Net assets
$54.5M
Salaries & benefits
$30.7M
35% of expenses
Board members
24
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $80,306,644▼1.7% | $87,253,022▲2.0% | $54,480,848▼9.4% | $92,151,909▼3.5% | 990 |
| 2022 | $81,691,778▼11.5% | $85,503,550▲0.4% | $60,137,909▼4.1% | $95,461,155▼4.7% | 990 |
| 2021 | $92,318,482▲21.9% | $85,186,367▲16.1% | $62,716,675▲5.6% | $100,210,159▼2.1% | 990 |
| 2020 | $75,735,327▲2.0% | $73,394,988▼0.7% | $59,390,285▲8.3% | $102,314,365▲7.4% | 990 |
| 2019 | $74,280,465▲13.2% | $73,945,390▲12.0% | $54,838,869▲0.1% | $95,245,746▲8.1% | 990 |
| 2018 | $65,616,969▲4.2% | $66,033,967▲6.0% | $54,770,066▼0.8% | $88,137,991▼2.4% | 990 |
| 2017 | $62,979,736▲2.3% | $62,280,311▲3.1% | $55,215,718▲1.4% | $90,264,861▲0.6% | 990 |
| 2016 | $61,585,063▲7.9% | $60,413,174▲12.4% | $54,428,095▲1.7% | $89,734,299▲18.9% | 990 |
| 2014 | $57,063,637▲7.6% | $53,736,996▲1.4% | $53,516,348▲5.8% | $75,466,008▲11.4% | 990 |
| 2013 | $53,023,349 | $53,002,001▲0.5% | $50,565,546▲1.2% | $67,735,699▲3.6% | 990 |
| 2012 | — | $52,716,293▼1.2% | $49,970,269▲2.2% | $65,352,605▲5.8% | 990 |
| 2011 | — | $53,347,312▲8.2% | $48,911,727▲6.2% | $61,784,272▲3.4% | 990 |
| 2010 | — | $49,283,467▲14.5% | $46,072,534▲15.1% | $59,756,678▲9.2% | 990 |
| 2009 | — | $43,052,712 | $40,020,467 | $54,706,876 | 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 (FY2023)
Highest-paid: Mildren A Mihlon Phd — $203,231 (0.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mildren A Mihlon Phd | Acting President | 45 | $203,231 |
| Thomas Truchan | Vice President of Finance and Cfo | 45 | $191,725 |
| Michael Markowitz | Vice President of Academic Affairs | 45 | $186,053 |
| James W Crawford III | Former Officer (president) | 0 | $180,481 |
| Christine Mihal | Dean | 45 | $166,650 |
| Priscilla Klymenko | Vice President of Enrollment Mgt. | 45 | $164,438 |
| Anthony Scardino | Associate Dean of Business | 45 | $162,153 |
| Janel Owens | Vice President of Student Affairs | 45 | $160,681 |
| Alex E Krasnomowitz | Trustee | 1 | — |
| Anthony Scardino Jr | Trustee | 1 | — |
| Beth Lenke | Trustee | 1 | — |
| Charlene Brown | Trustee | 1 | — |
| Colleen Frankenfield Ms Jd | Trustee | 1 | — |
| Deborah Visconi | Trustee | 1 | — |
| Donald C Jones | Trustee | 1 | — |
| Gail B Gordon Esq | Trustee | 1 | — |
| James Dagostino Jr Jd | Trustee, Board Chair | 1 | — |
| J Fletcher Creamer Jr | Trustee, Vice Chair | 1 | — |
| John B Bitar | Trustee | 1 | — |
| Joseph Boccassini | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Chartwells Dining Services | Dining Services | $2,393,808 |
| C&w Facility Services Inc | Facility Services | $1,140,802 |
| Ascend Learning Holdings LLC | Educational Services | $686,863 |
| Donnelly Industries Inc | Construction Services | $630,944 |
| Tlp Climate Control Systems In | Construction Services | $431,023 |
Grants received · $401K total
23 grants to Felician University totaling $401K, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Compare Felician University
Frequently asked questions
- Is Felician University a legitimate nonprofit?
- Yes. Felician University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-1912028, based in Lodi, New Jersey. Donations are tax-deductible.
- What is Felician University's EIN?
- Felician University's Employer Identification Number (EIN) is 22-1912028.
- How much revenue does Felician University report?
- Felician University reported $80,306,644 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Felician University's spending goes to programs?
- Felician University spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Felician University have?
- CharityIndex grades Felician University A, based on program efficiency and fundraising cost.
- How much does Felician University's highest-paid employee make?
- The highest reported compensation on Felician University's latest Form 990 is $203,231, paid to Mildren A Mihlon Phd (Acting President).
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Data for Felician University (EIN 22-1912028) 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.