National-louis University is a 501(c)(3) organization based in Wheeling, Illinois, registered in 1935, with $156,241,774 in FY2024 revenue. CharityIndex grades it A+, and it directs about 90% of spending to programs.
Revenue (FY2024)
$156.2M
▲ 6.8% vs prior year
Education median: $200K
Expenses (FY2024)
$139.9M
Net assets
$143.9M
Employees
1,912
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 National-louis University: 90% to programs · $10 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 National-louis University: 12 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
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 National-louis University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 National-louis University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Nlu is an inclusive community providing educational opportunities to inspire & empower learners to prepare for & advance in meaningful lives and productive careers.
Public service - the university provides a number of educational and cultural programs for the general community.
Research - the university receives a number of grants that funds research performed to find new ways to help the community by informing future instruction and educational practices.
Revenue grew from $74.7M (FY2013) to $156.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
10.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$204.6M
Total liabilities
$60.7M
Net assets
$143.9M
Salaries & benefits
$89.8M
64% of expenses
Board members
19
19 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $156,241,774▲6.8% | $139,864,549▲7.6% | $143,921,046▲15.2% | $204,585,293▲24.1% | 990 |
| 2023 | $146,280,572▲15.4% | $129,947,897▲9.7% | $124,933,397▲19.3% | $164,911,952▲15.4% | 990 |
| 2022 | $126,764,374▲0.1% | $118,455,086▼0.4% | $104,694,157▲13.2% | $142,929,184▲10.8% | 990 |
| 2021 | $126,590,535▲6.3% | $118,898,815▲9.0% | $92,470,132▲2.1% | $128,972,894▲0.5% | 990 |
| 2020 | $119,085,246▲11.7% | $109,098,316▲5.5% | $90,591,459▲21.4% | $128,373,354▲14.9% | 990 |
| 2019 | $106,612,959▲9.3% | $103,368,591▲6.7% | $74,629,075▲2.8% | $111,711,059▲1.8% | 990 |
| 2018 | $97,503,001▲26.0% | $96,838,836▲30.0% | $72,586,127▲25.7% | $109,741,867▲18.7% | 990 |
| 2017 | $77,354,812▲5.3% | $74,471,675▲4.8% | $57,724,868▲0.8% | $92,450,961▼3.6% | 990 |
| 2016 | $73,487,189▲4.9% | $71,074,387▼0.7% | $57,242,670▲9.0% | $95,902,996▲0.7% | 990 |
| 2015 | $70,033,211▼6.2% | $71,583,052▼1.8% | $52,520,799▼5.4% | $95,217,841▼6.2% | 990 |
| 2014 | $74,674,930 | $72,926,518▼1.5% | $55,518,002 | $101,505,047▼0.7% | 990 |
| 2013 | $74,655,365 | $74,011,378▼0.3% | $55,513,510▲5.8% | $102,264,077▲2.6% | 990 |
| 2012 | — | $74,228,489▼12.5% | $52,458,227▲8.0% | $99,658,672▼2.4% | 990 |
| 2011 | — | $84,867,475▼7.2% | $48,573,487▼12.5% | $102,111,379▼7.2% | 990 |
| 2010 | — | $91,434,544▲3.6% | $55,494,804▲0.7% | $109,990,233▲0.7% | 990 |
| 2009 | — | $88,268,940 | $55,108,027 | $109,186,021 | 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.
Highest-paid: Nivine Megahed — $643,552 (0.46% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nivine Megahed | President | 50 | $643,552 |
| Eddie Phillips | Provost | 50 | $336,103 |
| Richard Yaconis | Vp. Enrollment and Marketing | 50 | $239,433 |
| Marty Mickey | Treasurer and Vp, Finance | 50 | $226,818 |
| John Mazariegos | Executive Director of Information Security | 50 | $220,629 |
| Thomas Bergmann | Vp, Human Resources | 50 | $216,489 |
| Christopher Chantson | Vp, Institutional Advancement | 50 | $207,491 |
| Carolyn Theard-griggs | Dean of Nce | 50 | $202,808 |
| Diane Trausch | Sec. and Dir. of Board Relations | 50 | $94,349 |
| Andrea Saenz | Trustee | 1 | — |
| Bruce Hampton | Trustee | 1 | — |
| Celena Sarillo | Trustee | 1 | — |
| Cornelius Griggs | Trustee | 1 | — |
| Ian G Ross | Trustee, Chair of the Board | 4 | — |
| Jack D Furst | Trustee | 1 | — |
| James A Floyd Jr | Trustee | 1 | — |
| J Michael Locke | Trustee | 1 | — |
| Juan C Avila | Trustee | 1 | — |
| Julie Chavez | Trustee | 1 | — |
| Justin T Marquardt | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Google LLC | Marketing Services | $3,416,189 |
| O'malley Construction Company | Construction Services | $1,397,149 |
| Marketing Partnerships International | Marketing Services | $765,217 |
| Akademos | Instructional Materials | $764,850 |
| Howell Management Services LLC | Enrollment Services | $761,000 |
46 grants to National-louis University totaling $9.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Robert R Mccormick Foundation | Accelerate u, the mccormick institute for early childhood, the undergraduate college at national louis university and matching gifts | 2024 | $5,398,000 |
| Education Development Center Inc | Ed r & d | 2024 | $84,353 |
| Educational Credit Management Corporation | Fafsa student support | 2024 | $77,210 |
| Greater Horizons | Education | 2024 | $71,000 |
| Greater Chicago Food Depository | Distribute to the hungry | 2024 | $58,250 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $25,000 |
| Robert R Mccormick Foundation | Academy for local leadership, national louis university - accelerate u, and the undergraduate college at national louis university | 2023 | $405,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $50,000 |
| Robert R Mccormick Foundation | Accelerate u | 2023 | $21,050 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $8,000 |
| Robert R Mccormick Foundation | For support of building leadership capacity, part ii, for the undergraduate college at national louis university, direct to success, accelerate u at nlu, the career bridge, the writing center | 2022 | $300,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2022 | $100,000 |
| The Chicago Community Trust | General operating support, support for kendall college culinary arts scholarship, support for scholarships, general operating in support of the grow your own early childhood workforce partnership. | 2022 | $33,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $30,300 |
| Robert R Mccormick Foundation | Matching gift | 2022 | $20,000 |
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Data for National-louis University (EIN 36-2167804) 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.