Shenandoah University
88% goes to programs $6 to raise $100 Strong reserves Growing revenue
Shenandoah University is a 501(c)(3) organization based in Winchester, Virginia, registered in 1939, with $170,968,040 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
1460 University Dr, Winchester, VA, 22601 EIN 54-0525605 Since 1939
Revenue (FY2023)
$171.0M
▲ 14.6% vs prior year
Education median: $200K
Expenses (FY2023)
$148.1M
Net assets
$220.5M
Employees
2,877
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 rating88% to programs · $6 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 Shenandoah University: 88% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +13% 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 Shenandoah University: 18 mo reserves · +13% 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 Shenandoah 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 Shenandoah University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Shenandoah university educates and inspires individuals to be critical, reflective thinkers; lifelong learners, and ethical, compassionate citizens who are committed to making responsible contributions within a community, a nation and the world. a shenandoah university education incorporates scholarship, experiential learning and sophisticated technologies as well as practical wisdom. the university provides students with the academic content and analytical skills they will need to launch successful careers, and harness technologies that will enable them to create new ideas, products and services that impact a global society.
What they do
Student services includes admissions, registrar, student affairs, student organizations, and athletic programs. during fiscal year 2023-2024, shenandoah university had over 70 recognized student clubs and organizations. shenandoah university sponsored 22 intercollegiate teams (11 for women and 11 for men) with a total student-athlete involvement of more than 500. intercollegiate athletics are an integral aspect of student life on the shenandoah university campus, with the majority of students involved either as participants or spectators. several su sports teams earned national rankings and contended for old dominion athletic conference titles in their respective sports, and student-athletes excelled at the conference, regional and national levels.shenandoah's health professions building, located off main campus at the winchester medical center campus, serves as the home of the school of pharmacy, and su's nationally ranked physician assistant studies program as well as the occupational therapy and physical therapy programs in the school of health professions. su's loudoun location serves students in the mba, education and leadership, nursing, occupational therapy, physical therapy and physician assistant studies programs.
Auxiliary services includes the university's residence halls, bookstore, and child care facilities. during fiscal year 2023-2024, shenandoah set a new all-time high with over 1,200 students residing in its 11 residence halls.
Shenandoah university's other program services not detailed in part iii include the maintenance of shenandoah university's campuses.
Contact & location
- Address
- 1460 University Dr, Winchester, VA, 22601
- City
- Winchester
- State
- Virginia
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $112.2M (FY2013) to $171.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $114.2MNet assets $220.5M
Operating margin
13.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$334.7M
Total liabilities
$114.2M
Net assets
$220.5M
Salaries & benefits
$70.2M
47% of expenses
Board members
36
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $170,968,040▲14.6% | $148,108,781▲2.7% | $220,542,903▲16.3% | $334,741,039▲12.1% | 990 |
| 2022 | $149,163,647▲3.2% | $144,223,335▲4.9% | $189,639,236▲7.0% | $298,681,973▲6.0% | 990 |
| 2021 | $144,576,424▼0.7% | $137,500,548▲5.9% | $177,208,709▲1.4% | $281,737,506▼2.2% | 990 |
| 2020 | $145,533,392▲13.3% | $129,821,525▼0.2% | $174,694,197▲19.2% | $288,184,110▲9.6% | 990 |
| 2019 | $128,402,437▲1.5% | $130,031,075▲1.1% | $146,571,876▼5.7% | $263,006,503▼0.1% | 990 |
| 2018 | $126,554,454▼0.2% | $128,638,642▲2.3% | $155,359,604▼3.2% | $263,243,280▲1.0% | 990 |
| 2017 | $126,866,643▲2.4% | $125,796,772▲4.0% | $160,526,478▲2.6% | $260,741,208▲11.1% | 990 |
| 2016 | $123,893,221▼4.2% | $120,972,470▲5.0% | $156,419,632▲6.1% | $234,673,703▲5.7% | 990 |
| 2015 | $129,317,560▲10.8% | $115,173,575▲5.2% | $147,425,395▲3.4% | $222,014,655▲3.9% | 990 |
| 2014 | $116,724,989▲4.0% | $109,432,273▲6.4% | $142,575,916▲2.3% | $213,716,904▼0.1% | 990 |
| 2013 | $112,221,033 | $102,811,885▲4.7% | $139,365,662▲12.0% | $213,842,290▲16.2% | 990 |
| 2012 | — | $98,211,366▲3.1% | $124,379,690▲13.5% | $184,106,180▲6.5% | 990 |
| 2011 | — | $95,262,314▲4.5% | $109,629,488 | $172,896,622▲0.7% | 990 |
| 2010 | — | $91,203,493▲7.1% | $109,613,306▲14.4% | $171,654,417▲9.1% | 990 |
| 2009 | — | $85,168,936 | $95,774,807 | $157,334,659 | 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: Tracy Fitzsimmons — $408,597 (0.28% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tracy Fitzsimmons | President and Registered Agent | 40 | $408,597 |
| Mitchell L Moore | Senior Vp and Vp For Advancement | 40 | $221,771 |
| Robert Kidd | Dean of Pharmacy | 40 | $217,762 |
| Cameron Mccoy | Former Provost | 40 | $203,605 |
| Philip Evans | Vp For Admin. & General Counsel | 40 | $201,942 |
| Astrid Sheil | Dean-school of Business | 40 | $192,571 |
| Arthur Harralson | Assoc Dean of Research-pharmacy | 40 | $182,720 |
| Courtney Jarrett | Vp For Finance and Cfo | 40 | $171,916 |
| Karen Abraham | Provost | 40 | $169,714 |
| John O'conor | Professor Keyboard Division | 40 | $167,138 |
| Yolanda Barbier Gibson | Vp For Student Affairs | 40 | $166,882 |
| Michael Stepniak | Executive Dean-creativity | 40 | $166,105 |
| Timothy Bloom | Professor Biopharmaceutical Sciences | 40 | $162,847 |
| Michelle Gamber | Assoc Professor, Graduate Public Health | 40 | $161,608 |
| Zara Risoldi | Assoc Professor, Pharmacy Practice | 40 | $155,926 |
| Cathy Shanholtz | Director, Occupational Therapy | 40 | $151,609 |
| Scott Spriggs | Vp For Recruitment and Chief Creative Officer | 40 | $150,280 |
| Bipin B Patel | Trustee | 0 | — |
| Bruce E Hunter | Trustee | 0 | — |
| Cecil Pruitt Jr | Trustee | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sodexo Campus Services | Food Services | $4,616,713 |
| Howard Shockey & Sons Inc | Construction | $2,614,943 |
| Ellucian Company LP | Software | $594,574 |
| Riddleberger Brothers Inc | Construction | $569,845 |
| Earl Swensson Associates | Architect | $521,952 |
Grants received · $5.2M total
83 grants to Shenandoah University totaling $5.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lettie Pate Whitehead Foundation Inc | For nursing scholarships. | 2024 | $430,920 |
| The Aspen Institute Inc | Support for virtual cultural exchange with students | 2024 | $203,302 |
| Daffy Charitable Fund | General support of mission | 2024 | $50,100 |
| The Community Foundation Inc | University or private school | 2024 | $25,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $25,000 |
| Greater Milwaukee Foundation Inc | Support of the david c. scott scholarship | 2024 | $13,467 |
| American Online Giving Foundation Inc | General support | 2024 | $5,730 |
| Lettie Pate Whitehead Foundation Inc | For nursing and allied health scholarships. | 2023 | $430,920 |
| Donor Advised Charitable Giving | Education | 2023 | $151,400 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $80,000 |
| National Collegiate Athletic Association | Grants/scholarships | 2023 | $70,713 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $48,350 |
| The Community Foundation Inc | University or private school | 2023 | $25,000 |
| Greater Milwaukee Foundation Inc | Support of the david c. scott scholarship | 2023 | $11,097 |
| Lettie Pate Whitehead Foundation Inc | For nursing and allied health scholarships. | 2022 | $399,000 |
Similar organizations in Education
- Education
Stand Together Trust
Arlington, VA
$172.6M
Aannual revenue
Education
William & Mary Foundation
Williamsburg, VA
$161.6M
Aannual revenue
Education
University of Virginia Darden School Foundation
Charlottesvle, VA
$158.1M
Aannual revenue
- Education
George Mason University Foundation Inc
Fairfax, VA
$145.7M
A+annual revenue
Education
Hampton University
Hampton, VA
$204.4M
B+annual revenue
Education
Patient Advocate Foundation Inc
Hampton, VA
$133.8M
Cannual revenue
Education
Old Dominion Land Conservancy Inc
Purcellville, VA
$131.3M
B+annual revenue
Education
Roanoke College
Salem, VA
$111.6M
Aannual revenue
Education
University of Lynchburg
Lynchburg, VA
$108.5M
B+annual revenue
Education
Hampden-sydney College
Hmpden Sydney, VA
$106.3M
Aannual revenue
Compare Shenandoah University
Frequently asked questions
- Is Shenandoah University a legitimate nonprofit?
- Yes. Shenandoah University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0525605, based in Winchester, Virginia. Donations are tax-deductible.
- What is Shenandoah University's EIN?
- Shenandoah University's Employer Identification Number (EIN) is 54-0525605.
- How much revenue does Shenandoah University report?
- Shenandoah University reported $170,968,040 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Shenandoah University's spending goes to programs?
- Shenandoah University spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Shenandoah University have?
- CharityIndex grades Shenandoah University A, based on program efficiency and fundraising cost.
- How much does Shenandoah University's highest-paid employee make?
- The highest reported compensation on Shenandoah University's latest Form 990 is $408,597, paid to Tracy Fitzsimmons (President and Registered Agent).
More nonprofits in Winchester
Explore more
Data for Shenandoah University (EIN 54-0525605) 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.