Saint Martins University
80% goes to programs $11 to raise $100 Strong reserves Growing revenue
Saint Martins University is a 501(c)(3) organization based in Lacey, Washington, registered in 1946, with $97,477,845 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
5000 Abbey Way Se, Lacey, WA, 98503 EIN 91-0564993 Since 1946
Revenue (FY2024)
$97.5M
▲ 28.6% vs prior year
Education median: $200K
Expenses (FY2024)
$76.9M
Net assets
$105.6M
Employees
1,000
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 rating80% 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 Saint Martins University: 80% to programs · $11 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +21% 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 Saint Martins University: 16 mo reserves · +21% 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 Saint Martins 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 Saint Martins University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Saint martin's university is a catholic benedictine institute of higher education that empowers students to pursue a lifetime of learning and accomplishment in all arenas of human endeavor.
What they do
Higher education: instructional programs and related services for on-campus and extension students leading to undergraduate and graduate degrees. saint martin's offers degrees in engineering, nursing, business, education, and the liberal arts.
Higher education: student services for on-campus and extension students leading to undergraduate and graduate degrees.
Higher education: auxiliary services including food service, bookstore, and student housing.
Contact & location
- Address
- 5000 Abbey Way Se, Lacey, WA, 98503
- City
- Lacey
- State
- Washington
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $51.1M (FY2013) to $97.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $32.4MNet assets $105.6M
Operating margin
21.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$137.9M
Total liabilities
$32.4M
Net assets
$105.6M
Salaries & benefits
$27.7M
36% of expenses
Board members
29
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $97,477,845▲28.6% | $76,854,464▲1.8% | $105,570,829▲31.3% | $137,931,293▲22.8% | 990 |
| 2023 | $75,811,810▼2.8% | $75,525,002▼4.1% | $80,408,797▲5.9% | $112,303,627▲2.1% | 990 |
| 2022 | $77,972,192▼6.8% | $78,767,948▲6.1% | $75,937,943▲6.8% | $109,987,120▲2.3% | 990 |
| 2021 | $83,647,205▲10.4% | $74,270,384▲6.2% | $71,111,039▲8.5% | $107,504,125▼0.2% | 990 |
| 2020 | $75,737,885▲14.0% | $69,963,516▲6.1% | $65,539,905▲19.8% | $107,744,486▲10.8% | 990 |
| 2019 | $66,410,290▼5.5% | $65,919,119▲10.2% | $54,723,947▼0.3% | $97,253,318▼0.6% | 990 |
| 2018 | $70,240,330▲27.7% | $59,833,397▲7.6% | $54,877,864▲22.6% | $97,878,885▲15.1% | 990 |
| 2017 | $55,000,544▼5.1% | $55,583,248▼0.2% | $44,759,077▲5.1% | $85,058,763▲0.5% | 990 |
| 2016 | $57,937,981▲14.8% | $55,714,364▲8.1% | $42,575,746▲14.8% | $84,603,535▲4.3% | 990 |
| 2015 | $50,448,751▼4.0% | $51,554,964▼1.1% | $37,081,593▼7.3% | $81,095,459▼3.7% | 990 |
| 2014 | $52,563,151▲2.8% | $52,133,861▲1.1% | $39,983,007▲1.1% | $84,237,367▼0.4% | 990 |
| 2013 | $51,145,930 | $51,573,603▲1.3% | $39,557,324▲2.1% | $84,606,509▼3.0% | 990 |
| 2012 | — | $50,905,764▲8.1% | $38,746,564▲13.1% | $87,198,221▼2.8% | 990 |
| 2011 | — | $47,079,347▲5.2% | $34,251,705▼2.4% | $89,717,768▲7.5% | 990 |
| 2010 | — | $44,768,170 | $35,099,733 | $83,461,201 | 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: William Brownsberger — $188,727 (0.25% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| William Brownsberger | President | 50 | $188,727 |
| David Olwell | Dean of Engineering | 40 | $185,337 |
| Chung-shing Lee | Dean of Business | 40 | $176,417 |
| Patricia Lemon | Dean of Admissions | 50 | $157,030 |
| Timothy Madeley | Vp of Business Affairs, Cfo | 50 | $152,688 |
| Nathan Peters - Vp of Marketing | Interim Vp of Institutional Advancement | 50 | $137,173 |
| Adam Takata | Interim Associate Dean Jblm | 40 | $135,508 |
| Richard Montgomery | Career Development Manager | 40 | $123,666 |
| Jose Otero | Career Development Manager | 40 | $123,236 |
| Stefanie Powell | Vp of Business Affairs, Cfo (thru 7/2024) | 50 | $115,000 |
| Roy Heynderickx | Former Trustee (thru 6/2024) | 20 | $98,659 |
| Abbot Marion Nguyen Osb | Trustee, Chancellor | 2 | — |
| Amy Harding | Trustee | 2 | — |
| A Richard Panowicz | Trustee | 2 | — |
| Br Bede Nicol Osb | Trustee | 2 | — |
| Br Boniface V Lazzari Osb | Trustee, Secretary | 2 | — |
| Brian Charneski | Trustee (thru 12/2024) | 2 | — |
| Br Luke Devine Osb | Trustee | 2 | — |
| Br Mark Bonneville Osb | Trustee | 2 | — |
| Br Nicolaus Wilson Osb | Trustee, Treasurer | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Bon Appetit | Food Contractor | $3,433,847 |
| Barnes & Noble College Booksellers | Student Bookstore | $743,589 |
| Forma Construction | Construction | $477,834 |
| Saint Martin's Abbey | Teaching | $404,805 |
| Two Ocean Education Partners | Consulting | $373,500 |
Grants received · $2.0M total
68 grants to Saint Martins University totaling $2.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Credit Unions In the State of Washington | Athletics sponsorship; bus leadership donation | 2024 | $37,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $79,600 |
| Credit Unions In the State of Washington | Athletics sponsorship | 2023 | $36,202 |
| World Vision | University or technological | 2023 | $22,100 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| National Philanthropic Tr | Human services | 2023 | $14,000 |
| American Online Giving Foundation Inc | General support | 2023 | $12,653 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $10,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $10,000 |
| Multicare Health System | Contribution from the multicare community partnership fund: general support | 2023 | $7,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $50,000 |
| World Vision | University | 2022 | $17,000 |
| Credit Unions In the State of Washington | Dei sponsorship | 2022 | $15,300 |
| National Collegiate Athletic Association | Grants | 2022 | $14,660 |
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Compare Saint Martins University
Frequently asked questions
- Is Saint Martins University a legitimate nonprofit?
- Yes. Saint Martins University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 91-0564993, based in Lacey, Washington. Donations are tax-deductible.
- What is Saint Martins University's EIN?
- Saint Martins University's Employer Identification Number (EIN) is 91-0564993.
- How much revenue does Saint Martins University report?
- Saint Martins University reported $97,477,845 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Saint Martins University's spending goes to programs?
- Saint Martins University spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Saint Martins University have?
- CharityIndex grades Saint Martins University A, based on program efficiency and fundraising cost.
- How much does Saint Martins University's highest-paid employee make?
- The highest reported compensation on Saint Martins University's latest Form 990 is $188,727, paid to William Brownsberger (President).
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Data for Saint Martins University (EIN 91-0564993) 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.