Manchester University Inc
84% goes to programs $11 to raise $100 Strong reserves
Manchester University Inc is a 501(c)(3) organization based in N Manchester, Indiana, registered in 1949, with $63,177,520 in FY2023 revenue. CharityIndex grades it B+, and it directs about 84% of spending to programs.
604 E College Ave, N Manchester, IN, 46962 EIN 35-0868127 Since 1949
Revenue (FY2023)
$63.2M
▼ 0.4% vs prior year
Education median: $200K
Expenses (FY2023)
$70.4M
Net assets
$139.1M
Employees
851
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating84% to programs · $11 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 Manchester University Inc: 84% to programs · $11 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating24 mo reserves · -11% 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 Manchester University Inc: 24 mo reserves · -11% margin earns a C+ 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 Manchester University Inc: 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 Manchester University Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Manchester university respects the infinite worth of every individual and graduates persons of ability and conviction who draw upon their education and faith to lead principled, productive, and compassionate lives that improve the human condition.
Contact & location
- Address
- 604 E College Ave, N Manchester, IN, 46962
- City
- N Manchester
- State
- Indiana
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $68.0M (FY2013) to $63.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $29.2MNet assets $139.1M
Operating margin
-11.4%
Spent more than it raised in the latest fiscal year.
Total assets
$168.3M
Total liabilities
$29.2M
Net assets
$139.1M
Salaries & benefits
$25.4M
36% of expenses
Board members
29
29 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $63,177,520▼0.4% | $70,399,086▲2.2% | $139,058,481▼2.0% | $168,266,706 | 990 |
| 2022 | $63,447,274▼15.1% | $68,859,350▼2.4% | $141,882,099▼0.6% | $168,240,986▼0.2% | 990 |
| 2021 | $74,714,391▲3.1% | $70,543,341▲0.6% | $142,799,261▼3.4% | $168,501,629▼5.5% | 990 |
| 2020 | $72,481,712▲6.0% | $70,104,722▲1.2% | $147,812,413▲14.1% | $178,328,916▲8.8% | 990 |
| 2019 | $68,391,881▼6.4% | $69,286,770▼5.9% | $129,591,072▼2.0% | $163,832,946▲1.9% | 990 |
| 2018 | $73,042,047▼11.1% | $73,653,017▲0.7% | $132,242,804▲0.6% | $160,804,214▲8.2% | 990 |
| 2017 | $82,116,288▲14.2% | $73,148,238▼0.1% | $131,392,976▲0.7% | $148,641,727▲0.6% | 990 |
| 2016 | $71,902,229▲5.3% | $73,243,865▲10.6% | $130,515,636▲1.5% | $147,821,152▼1.5% | 990 |
| 2015 | $68,255,543▲4.8% | $66,214,380▲5.8% | $128,543,519▲0.1% | $150,030,346▲2.1% | 990 |
| 2014 | $65,144,618▼4.2% | $62,558,822▲5.3% | $128,440,987▲0.1% | $146,951,432▲0.4% | 990 |
| 2013 | $67,996,007 | $59,400,833▲3.0% | $128,373,894▲10.8% | $146,328,422▲8.3% | 990 |
| 2012 | — | $57,697,555▲6.8% | $115,887,602▼0.3% | $135,150,573▼1.4% | 990 |
| 2011 | — | $54,025,391▲12.7% | $116,209,101▼1.8% | $137,102,386▲4.3% | 990 |
| 2010 | — | $47,958,282▲7.1% | $118,339,436▲62.4% | $131,387,806▲51.8% | 990 |
| 2009 | — | $44,780,736 | $72,877,609 | $86,556,280 | 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: David Mcfadden — $301,373 (0.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| David Mcfadden | President | 60 | $301,373 |
| Walter Smith | Dean For Pharmacy Program & Professor of Pharmaceutical Sciences | 52 | $258,548 |
| David Kisor | Director of Pharmacogenomics Education & Professor of Pharmaceutical Sciences and Pharmacogenomics | 40 | $249,068 |
| Clair Knapp | Treasurer/vp For Finance & Cbo | 55 | $246,789 |
| Raylene Rospond | Assoc Dean of Clinical Affairs & Outreach/professor | 40 | $233,159 |
| Celia Cook-huffman | Vp Academic Affairs | 55 | $232,465 |
| Ryon Kaopuiki | Vp For Enrollment and Marketing | 55 | $196,922 |
| Melanie Harmon | Vp For Advancement | 50 | $189,677 |
| Stacy Young | President | 60 | $181,649 |
| Jennifer Campbell | Associate Dean of Academic Programs/professor | 40 | $180,956 |
| Abagail Van Vlerah | Vp For Student Life | 60 | $178,597 |
| Yousif Rojeab | Professor of Pharmaceutical and Graduate Life Science | 40 | $160,971 |
| Diane Calinski | Professor and Department Chair For Pharmaceutical Sciences | 40 | $158,473 |
| Julie Knuth | Executive Assistant/assistant Secretary | 45 | $64,094 |
| Aaron Fetrow | Trustee | 2 | — |
| Alicia Baird | Trustee | 2 | — |
| Audrey Hahn | Trustee | 2 | — |
| Brian Harshberger | Trustee | 2 | — |
| Carolyn Hardman | Trustee | 2 | — |
| Cheryl Green | Trustee | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Fetters Construction Inc | Construction Contractor | $9,976,179 |
| Sodexo Management Inc | Student Dining Services | $3,453,456 |
| J R Interiors | Construction Supplier | $740,924 |
| Adcellerant LLC DBA Techintlab | Marketing Services | $418,105 |
| Ellucian Company L P | Enterprise Resource Planning Solution | $323,879 |
Grants received · $3.3M total
64 grants to Manchester University Inc totaling $3.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $26,215 |
| Greater Horizons | Education | 2024 | $25,000 |
| American Online Giving Foundation Inc | General support | 2024 | $8,496 |
| American Endowment Foundation | Educational | 2024 | $8,000 |
| Donor Advised Charitable Giving | Education | 2023 | $79,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $43,150 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $20,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $11,100 |
| Charities Aid Foundation America | Charitable donation | 2023 | $10,907 |
| American Online Giving Foundation Inc | General support | 2023 | $7,029 |
| American Gift Fund | Operations | 2023 | $5,500 |
| Donor Advised Charitable Giving | Education | 2022 | $752,400 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $18,250 |
| The Blackbaud Giving Fund | General support | 2022 | $9,428 |
| Charities Aid Foundation America | Charitable donation | 2022 | $8,912 |
Grants made · $10K in FY2023
1 grant totaling $10K in FY2023. All grants made by Manchester University Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Northeast Indiana Regional Partnership Inc | Support northeast indiana regional partnership | $10,000 |
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Compare Manchester University Inc
Frequently asked questions
- Is Manchester University Inc a legitimate nonprofit?
- Yes. Manchester University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-0868127, based in N Manchester, Indiana. Donations are tax-deductible.
- What is Manchester University Inc's EIN?
- Manchester University Inc's Employer Identification Number (EIN) is 35-0868127.
- How much revenue does Manchester University Inc report?
- Manchester University Inc reported $63,177,520 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Manchester University Inc's spending goes to programs?
- Manchester University Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Manchester University Inc have?
- CharityIndex grades Manchester University Inc B+, based on program efficiency and fundraising cost.
- How much does Manchester University Inc's highest-paid employee make?
- The highest reported compensation on Manchester University Inc's latest Form 990 is $301,373, paid to David Mcfadden (President).
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Data for Manchester University Inc (EIN 35-0868127) 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.