Methodist University Inc
89% goes to programs $9 to raise $100 Strong reserves
Methodist University Inc is a 501(c)(3) organization based in Fayetteville, North Carolina, registered in 2009, with $81,614,782 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
5400 Ramsey St, Fayetteville, NC, 28311 EIN 56-0657294 Since 2009
Revenue (FY2023)
$81.6M
▲ 6.7% vs prior year
Education median: $200K
Expenses (FY2023)
$77.3M
Net assets
$112.8M
Employees
1,125
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 rating89% to programs · $9 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 Methodist University Inc: 89% to programs · $9 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +5% 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 Methodist University Inc: 18 mo reserves · +5% 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 Methodist University Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Methodist University Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Undergraduate and graduate education
What they do
Auxiliary services: the university's auxiliary enterprises, including residence halls, dining facilities, and a bookstore, serve to provide a support system to the students.
Contact & location
- Address
- 5400 Ramsey St, Fayetteville, NC, 28311
- City
- Fayetteville
- State
- North Carolina
- Category
- Education
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $82.0M (FY2013) to $81.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $30.7MNet assets $112.8M
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$143.5M
Total liabilities
$30.7M
Net assets
$112.8M
Salaries & benefits
$31.2M
40% of expenses
Board members
24
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $81,614,782▲6.7% | $77,269,429▲4.2% | $112,790,127▲8.0% | $143,475,342▲5.9% | 990 |
| 2022 | $76,476,345▼14.6% | $74,154,899▼0.5% | $104,483,290▲5.4% | $135,441,683▲2.4% | 990 |
| 2021 | $89,510,877▲12.4% | $74,554,407▲8.3% | $99,096,153▲10.9% | $132,260,615▲6.4% | 990 |
| 2020 | $79,665,976▲10.4% | $68,831,273▼6.5% | $89,370,966▲19.9% | $124,289,465▲5.2% | 990 |
| 2019 | $72,153,689▼1.5% | $73,608,027▼0.2% | $74,524,168▼0.7% | $118,191,841▲3.9% | 990 |
| 2018 | $73,255,907▼8.3% | $73,763,434▼7.5% | $75,028,173▼0.6% | $113,789,466▼1.5% | 990 |
| 2017 | $79,900,923▼9.0% | $79,722,448▼5.6% | $75,478,223▲1.2% | $115,539,719▼1.4% | 990 |
| 2016 | $87,824,283▲6.9% | $84,458,332▲4.5% | $74,605,230▲6.7% | $117,179,408▲2.7% | 990 |
| 2015 | $82,139,458▲4.2% | $80,787,168▲7.0% | $69,928,463▲0.9% | $114,055,617▲2.3% | 990 |
| 2014 | $78,806,310▼3.9% | $75,530,056▲6.2% | $69,291,453▲3.0% | $111,532,235▲0.6% | 990 |
| 2013 | $81,986,109 | $71,132,899▲9.1% | $67,300,754▲22.3% | $110,884,404▲12.4% | 990 |
| 2012 | — | $65,184,386▲1.3% | $55,018,600▲6.9% | $98,647,976▲8.5% | 990 |
| 2011 | — | $64,374,067▲8.5% | $51,475,892▲6.1% | $90,900,724▲8.9% | 990 |
| 2010 | — | $59,313,725▲16.0% | $48,528,863▲14.5% | $83,438,481▲12.0% | 990 |
| 2009 | — | $51,129,377 | $42,369,764 | $74,490,033 | 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: Stanley Wearden — $370,607 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stanley Wearden | President | 40 | $370,607 |
| Suzanne B Malley | Provost | 40 | $241,404 |
| Richard G Swanson | Vp Inst Advancement | 40 | $208,658 |
| Dawn F Ausborn | Chief Financial Officer | 40 | $172,032 |
| Sheila C Kinsey | Vp Plan&admin / Chief of Staff | 40 | $158,847 |
| Ricky D Lowe | Vp Enrollment Services | 40 | $144,346 |
| Beth H Carter | Vice Provost For Online & Ext | 40 | $143,746 |
| Tat W Chan | Dean College Business | 40 | $137,209 |
| William H Walker | Vp Student Affairs | 40 | $126,530 |
| George Hoyt | Dean College Health Sciences | 40 | $123,609 |
| Kelli W Taylor | Vp Mission Integration | 40 | $113,023 |
| Stacia Thompson | Director Physical Therapy | 40 | $110,918 |
| Lisa Castleberry | Asst. Prof. of Clinical Med. | 40 | $110,139 |
| David R Eavenson | Vp For Athletics | 40 | $101,217 |
| Jason Greene | Chief Information Officer | 40 | $79,364 |
| Dr Mary Lynn Bryan | Trustee | 1 | — |
| Dr Rakesh Gupta | Chair of the Board | 1 | — |
| Dr William Schaefer | Trustee | 1 | — |
| Mr Andrew Shuck | Trustee | 1 | — |
| Mr Charles B Holmes | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aramark Educational Services | Food Service | $2,628,872 |
| Wiley Edu LLC | Online Pp | $996,655 |
| Follett Corporation | Bookstore | $415,291 |
| Me Contracting Inc | Construction | $340,898 |
| Brady Trane Services | Hvac Repair | $260,062 |
Grants received · $16.2M total
43 grants to Methodist University Inc totaling $16.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Golden L E A F Long-term Economic Advancement Foundation In | Job creation and new regional educational pathways with methodist university cape fear valley school of medicine | 2024 | $8,000,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2024 | $80,774 |
| American Online Giving Foundation Inc | General support | 2024 | $14,833 |
| North Carolina Community Foundation Inc | To support the organization's stated mission | 2024 | $13,693 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $2,615,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2023 | $76,026 |
| National Collegiate Athletic Association | Grants | 2023 | $66,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $30,000 |
| North Carolina Community Foundation Inc | Private colleges & universities - scholarships | 2023 | $11,810 |
| American Online Giving Foundation Inc | General support | 2023 | $5,085 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2022 | $2,040,000 |
| Communities Foundation of Texas | This grant is designated for general support. | 2022 | $74,101 |
| National Collegiate Athletic Association | Grants | 2022 | $26,660 |
| Tulsa Community Foundation | Scholarships | 2022 | $25,000 |
| North Carolina Community Foundation Inc | Education | 2022 | $20,540 |
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Compare Methodist University Inc
Frequently asked questions
- Is Methodist University Inc a legitimate nonprofit?
- Yes. Methodist University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-0657294, based in Fayetteville, North Carolina. Donations are tax-deductible.
- What is Methodist University Inc's EIN?
- Methodist University Inc's Employer Identification Number (EIN) is 56-0657294.
- How much revenue does Methodist University Inc report?
- Methodist University Inc reported $81,614,782 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Methodist University Inc's spending goes to programs?
- Methodist University Inc spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Methodist University Inc have?
- CharityIndex grades Methodist University Inc A, based on program efficiency and fundraising cost.
- How much does Methodist University Inc's highest-paid employee make?
- The highest reported compensation on Methodist University Inc's latest Form 990 is $370,607, paid to Stanley Wearden (President).
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Explore more
Data for Methodist University Inc (EIN 56-0657294) 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.