Palm Beach Atlantic University Inc
84% goes to programs $19 to raise $100 Strong reserves Growing revenue
Palm Beach Atlantic University Inc is a 501(c)(3) organization based in West Palm Bch, Florida, registered in 1970, with $138,472,309 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
Po Box 24708, West Palm Bch, FL, 33416 EIN 59-1092732 Since 1970
Revenue (FY2023)
$138.5M
▼ 14.2% vs prior year
Education median: $200K
Expenses (FY2023)
$149.2M
Net assets
$234.8M
Employees
1,440
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 rating84% to programs · $19 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 Palm Beach Atlantic University Inc: 84% to programs · $19 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating19 mo reserves · -8% 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 Palm Beach Atlantic University Inc: 19 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Palm Beach Atlantic University Inc: 5 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 Palm Beach Atlantic University Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Pba is a private christian university offering undergraduate, graduate & professional programs.
Contact & location
- Address
- Po Box 24708, West Palm Bch, FL, 33416
- City
- West Palm Bch
- State
- Florida
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $105.2M (FY2013) to $138.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $123.5MNet assets $234.8M
Operating margin
-7.8%
Spent more than it raised in the latest fiscal year.
Total assets
$358.3M
Total liabilities
$123.5M
Net assets
$234.8M
Salaries & benefits
$52.5M
35% of expenses
Board members
27
27 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $138,472,309▼14.2% | $149,222,950▲5.7% | $234,754,831▼1.2% | $358,293,038▲14.9% | 990 |
| 2022 | $161,436,330▲4.4% | $141,222,958▲11.1% | $237,660,362▲13.0% | $311,756,131▲12.8% | 990 |
| 2021 | $154,657,206▲29.7% | $127,072,588▲7.0% | $210,350,254▲12.8% | $276,408,667▲13.3% | 990 |
| 2020 | $119,213,584▲2.1% | $118,783,963▼0.3% | $186,547,207▲8.9% | $243,912,659▲10.5% | 990 |
| 2019 | $116,726,108▲3.7% | $119,139,699▲3.0% | $171,377,690▼1.6% | $220,823,200▲0.7% | 990 |
| 2018 | $112,532,514▼5.7% | $115,643,637▲3.7% | $174,156,096▼0.2% | $219,345,774▼1.0% | 990 |
| 2017 | $119,320,652▲9.8% | $111,520,097▲2.8% | $174,583,442▲3.9% | $221,631,922▲1.3% | 990 |
| 2016 | $108,626,105▲0.1% | $108,430,709▲2.6% | $167,968,462▲3.4% | $218,876,299▲2.0% | 990 |
| 2015 | $108,465,569▲5.4% | $105,677,373▲3.7% | $162,493,502▼0.1% | $214,512,838▼1.4% | 990 |
| 2014 | $102,880,444▼2.2% | $101,896,904▲6.2% | $162,633,873▼0.6% | $217,649,725▲1.4% | 990 |
| 2013 | $105,198,462 | $95,950,532▲7.6% | $163,555,135▲8.0% | $214,704,905▲5.8% | 990 |
| 2012 | — | $89,136,769▲4.7% | $151,437,547▲6.4% | $202,964,281▲3.4% | 990 |
| 2011 | — | $85,121,583▲1.5% | $142,332,343▼1.4% | $196,323,019▲1.3% | 990 |
| 2010 | — | $83,899,621▲5.1% | $144,415,294▲9.2% | $193,881,010▲5.1% | 990 |
| 2009 | — | $79,837,289 | $132,286,347 | $184,559,133 | 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: Debra Schwinn — $719,500 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Debra Schwinn | President | 60 | $719,500 |
| Laura Bishop | Exec. Vp, Advancement | 40 | $291,766 |
| Stacie Bowie | Exec. Vp Finance & Admin/cfo | 60 | $269,944 |
| Steven Alderman | Clo & General Counsel | 40 | $230,698 |
| Nancy Brainard | Exec. Vb Enrollment | 40 | $203,393 |
| Dana Strachan | Dean, Pharmacy | 40 | $197,298 |
| Scott Barnes | Vp Its | 40 | $194,980 |
| Chelneca Templeton | Provost, Cao(formerly) | 40 | $192,925 |
| Phil Tobin | Dean, Health Sciences | 40 | $189,847 |
| Brian Strow | Dean, Business School | 40 | $186,104 |
| Cara Wald | Vp Human Resources | 40 | $180,752 |
| Michele Schneider | Associate Vp & Controller | 40 | $167,629 |
| Curtis Brown | Associate Vp, Construction & Design | 40 | $167,375 |
| Courtney Lovely | Director of Athletics | 40 | $148,905 |
| Bob Lutz | Vp Student Development (previously) | 40 | $139,319 |
| Bernard Cueto | Vp, Spiritual Development(previously) | 40 | $111,804 |
| Stephen Johnson | Provost | 40 | $17,430 |
| Cathleen Burk | Trustee | 1 | — |
| Chandra Bill-rabenecker | Vice-chair | 1 | — |
| Dr James H Scroggins IV | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Jones Foster PA | Legal Services | $365,785 |
| Millenia Lakes Owner I LP | Rent | $353,542 |
| Timelymd | Telehealth Provider | $272,070 |
| Templeton & Company LLP | Professional Services | $234,827 |
| Love 900 LLC | Rent | $202,782 |
Grants received · $6.7M total
88 grants to Palm Beach Atlantic University Inc totaling $6.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Colleges and universities | 2024 | $552,355 |
| Impactassets Inc | General support | 2024 | $200,000 |
| Donors Trust Inc | For the rinker school of business | 2024 | $45,000 |
| Signatry Charitable Trust | Education | 2024 | $30,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $25,109 |
| American Association For the Advancement of Science | Science in theological education | 2024 | $11,250 |
| Community Foundation of Greater Greensboro Inc | General support | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $7,711 |
| National Christian Charitable Foundation | Growth | 2023 | $586,052 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $361,312 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $265,500 |
| Impactassets Inc | General support | 2023 | $200,000 |
| Donor Advised Charitable Giving | Education | 2023 | $68,550 |
| National Collegiate Athletic Association | Grants | 2023 | $46,920 |
| Donors Trust Inc | For the rinker school of business | 2023 | $40,000 |
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Compare Palm Beach Atlantic University Inc
Frequently asked questions
- Is Palm Beach Atlantic University Inc a legitimate nonprofit?
- Yes. Palm Beach Atlantic University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-1092732, based in West Palm Bch, Florida. Donations are tax-deductible.
- What is Palm Beach Atlantic University Inc's EIN?
- Palm Beach Atlantic University Inc's Employer Identification Number (EIN) is 59-1092732.
- How much revenue does Palm Beach Atlantic University Inc report?
- Palm Beach Atlantic University Inc reported $138,472,309 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Palm Beach Atlantic University Inc's spending goes to programs?
- Palm Beach Atlantic University Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Palm Beach Atlantic University Inc have?
- CharityIndex grades Palm Beach Atlantic University Inc A, based on program efficiency and fundraising cost.
- How much does Palm Beach Atlantic University Inc's highest-paid employee make?
- The highest reported compensation on Palm Beach Atlantic University Inc's latest Form 990 is $719,500, paid to Debra Schwinn (President).
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Data for Palm Beach Atlantic University Inc (EIN 59-1092732) 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.