Regent University
501(c)(3) Donations tax-deductible
84% goes to programs $13 to raise $100 Strong reserves Growing revenue
Regent University is a 501(c)(3) organization based in Virginia Bch, Virginia, registered in 1978, with $189,426,241 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
1000 Regent University Dr, Virginia Bch, VA, 23464 EIN 54-1061178 Since 1978
Revenue (FY2024)
$189.4M
▲ 12.6% vs prior year
Expenses (FY2024)
$168.8M
Net assets
$142.3M
Employees
1,951
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating84% to programs · $13 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 Regent University: 84% to programs · $13 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 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 Regent University: 10 mo reserves · +11% 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 Regent University: 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 Regent University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Regent university serves as a center of christian thought and action to provide excellent education through a biblical perspective and global context equipping christian leaders to change the world.
What they do
Hospitality services - hotel and conference center providing conference services, food and beverage services, banquets and other various hospitality services.
Contact & location
- Address
- 1000 Regent University Dr, Virginia Bch, VA, 23464
- City
- Virginia Bch
- State
- Virginia
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $94.4M (FY2013) to $189.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $96.7MNet assets $142.3M
Operating margin
10.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$239.0M
Total liabilities
$96.7M
Net assets
$142.3M
Salaries & benefits
$79.7M
47% of expenses
Board members
19
18 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $189,426,241▲12.6% | $168,838,408▲5.0% | $142,296,879▲23.5% | $239,013,915▲13.0% | 990 |
| 2023 | $168,223,635▲5.0% | $160,868,000▲4.5% | $115,262,950▲13.9% | $211,431,763▲5.3% | 990 |
| 2022 | $160,194,490▼1.7% | $153,959,044▲6.5% | $101,181,489▲12.6% | $200,757,176▲3.7% | 990 |
| 2021 | $162,900,413▲1.3% | $144,554,204▲4.1% | $89,851,028▲6.4% | $193,536,342▲0.4% | 990 |
| 2020 | $160,798,797▲10.1% | $138,872,517▼1.9% | $84,442,658▲48.2% | $192,723,352▼2.9% | 990 |
| 2019 | $146,100,069▼3.2% | $141,520,695▼4.6% | $56,964,931▲7.3% | $198,531,120▲0.7% | 990 |
| 2018 | $151,004,032▲5.0% | $148,297,992▼8.3% | $53,076,263▼7.7% | $197,098,757▲2.3% | 990 |
| 2017 | $143,860,030▲17.2% | $161,651,507▲10.5% | $57,492,055▼28.2% | $192,747,105▼11.3% | 990 |
| 2016 | $122,784,123▲5.7% | $146,227,731▲8.9% | $80,039,364▼14.6% | $217,296,796▼4.4% | 990 |
| 2015 | $116,178,786▲14.0% | $134,307,552▲9.0% | $93,681,760▼22.1% | $227,219,857▼10.1% | 990 |
| 2014 | $101,940,911▲8.0% | $123,197,264▲6.0% | $120,244,062▼16.9% | $252,684,319▼9.0% | 990 |
| 2013 | $94,353,201 | $116,216,820▲2.6% | $144,752,033▼9.8% | $277,592,842▼5.6% | 990 |
| 2012 | — | $113,269,140▲0.3% | $160,408,000▼1.8% | $293,913,000▼0.9% | 990 |
| 2011 | — | $112,890,250▲6.7% | $163,332,000▼9.0% | $296,522,000▼4.2% | 990 |
| 2010 | — | $105,824,180▲7.3% | $179,419,000▲3.0% | $309,544,000▲1.4% | 990 |
| 2009 | — | $98,656,210 | $174,201,000 | $305,310,000 | 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 (FY2024)
Highest-paid: Louis A Isakoff — $401,478 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Louis A Isakoff | Sr Vice President and General Counsel | 40 | $401,478 |
| Gordon P Robertson | Chancellor/chief Executive Officer | 26 | $351,625 |
| Dorothy C Foster | Exec Vp Advancement/enrollment Services | 40 | $328,539 |
| Bradley J Lingo | Dean/professor - School of Law | 40 | $303,758 |
| Martha J Smith | Vice President For Human Resources & Administration | 40 | $284,811 |
| William L Hathaway | Exec Vp Academic Affairs | 40 | $282,199 |
| Stephen Bruce | Evp Finance and Administration | 40 | $258,376 |
| Joseph Umidi | Executive Vice President For Student Life | 40 | $255,868 |
| Michele M Bachmann | Dean - School of Government | 40 | $245,002 |
| Simon Tarr | Dean of Honors College/school of Communication | 40 | $234,629 |
| Doris Gomez | Dean - School of Business and Leadership | 40 | $224,730 |
| Joshua Mcmullen | Dean - College of Arts and Sciences | 4 | $223,611 |
| Chris Allen Mitchell Sr | Vp Chief of Police | 40 | $207,654 |
| Arun Daniel | Board Member | 1 | — |
| Chauncey W Crandall | Board Member - Vice Chairman | 1 | — |
| Daniel C Sellers Jr | Board Member | 1 | — |
| David Melilli | Board Member | 1 | — |
| Dianne Cash | Board Member | 1 | — |
| Drew Ashby | Board Member | 1 | — |
| Howard Long | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Google Inc | Advertising Services | $10,226,731 |
| Meta Platforms Inc | Advertising Services | $2,793,558 |
| Education Dynamics LLC | Advertising Sevices | $2,335,882 |
| Christian Broadcasting Network | Building Services | $2,289,001 |
| Microsoft Online Inc | Advertising Services | $2,096,909 |
Grants received · $6.2M total
49 grants to Regent University totaling $6.2M, 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 | $437,000 |
| Christian Broadcasting Network Inc | Christian education | 2024 | $372,472 |
| Servant Foundation | Education | 2024 | $100,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $100,000 |
| Sentara Health | Behavioral health | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $21,295 |
| American Online Giving Foundation Inc | General support | 2024 | $6,057 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,322,100 |
| Christian Broadcasting Network Inc | Christian education | 2023 | $274,720 |
| National Christian Charitable Foundation | Growth | 2023 | $114,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $100,000 |
| Tulsa Community Foundation | Scholarships | 2023 | $19,980 |
| Donor Advised Charitable Giving | Education | 2023 | $16,500 |
| American Online Giving Foundation Inc | General support | 2023 | $5,980 |
| Christian Broadcasting Network Inc | Christian education | 2022 | $259,851 |
Grants made · $30K in FY2024
1 grant totaling $30K in FY2024. All grants made by Regent University →
| Recipient | Purpose | Amount |
|---|---|---|
| Calvary International Inc | To support missionary who is working for the center for entrepreneurship for economic development. regent university established and supports this center. | $30,000 |
Frequently asked questions
- Is Regent University a legitimate nonprofit?
- Yes. Regent University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-1061178, based in Virginia Bch, Virginia. Donations are tax-deductible.
- What is Regent University's EIN?
- Regent University's Employer Identification Number (EIN) is 54-1061178.
- How much revenue does Regent University report?
- Regent University reported $189,426,241 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Regent University's spending goes to programs?
- Regent University spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Regent University have?
- CharityIndex grades Regent University A, based on program efficiency and fundraising cost.
- How much does Regent University's highest-paid employee make?
- The highest reported compensation on Regent University's latest Form 990 is $401,478, paid to Louis A Isakoff (Sr Vice President and General Counsel).
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Data for Regent University (EIN 54-1061178) 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.