Southeastern University Inc
88% goes to programs $13 to raise $100 Strong reserves
Southeastern University Inc is a 501(c)(3) organization based in Lakeland, Florida, registered in 1947, with $158,849,774 in FY2024 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
1000 Longfellow Blvd, Lakeland, FL, 33801 EIN 59-0722789 Since 1947
Revenue (FY2024)
$158.8M
▲ 17.2% vs prior year
Education median: $200K
Expenses (FY2024)
$138.4M
Net assets
$70.4M
Employees
2,015
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 · $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 Southeastern University Inc: 88% to programs · $13 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 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 Southeastern University Inc: 6 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 Southeastern University Inc: 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 Southeastern University Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide education in a christ-centered, student-focused environment.
What they do
Auxiliary enterprises: an important part of southeastern university's service to its students is the provision of convenient, nutritional meals and safe, comfortable living arrangements. during the 2024-2025 program year, seu provided its 1,561 residential and 660 commuter students a variety of meal plan options and campus dining facilities including tuscana ristorante, mi casa cafe, chick-fil-a, portico coffeehouse, backyard burgers, einstein bros. bagels and papa john's pizza. residential housing amenities included use of washers & dryers, wi-fi and phone hook-up, streaming services, and common areas for studying and recreation. full-time, on-campus resident directors provided support and connection with needed resources.
Contact & location
- Address
- 1000 Longfellow Blvd, Lakeland, FL, 33801
- City
- Lakeland
- State
- Florida
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $62.2M (FY2013) to $158.8M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $88.7MNet assets $70.4M
Operating margin
12.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$159.1M
Total liabilities
$88.7M
Net assets
$70.4M
Salaries & benefits
$49.4M
36% of expenses
Board members
23
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $158,849,774▲17.2% | $138,369,291▲3.5% | $70,409,637▲39.7% | $159,136,191▲12.6% | 990 |
| 2023 | $135,510,469▲7.3% | $133,708,045▲3.8% | $50,393,809▲5.5% | $141,314,862▲5.7% | 990 |
| 2022 | $126,271,820▼11.7% | $128,834,464▼2.2% | $47,781,956▼4.2% | $133,674,608▼2.1% | 990 |
| 2021 | $143,033,375▲9.4% | $131,732,313▲1.9% | $49,868,481▲61.1% | $136,483,124▼1.7% | 990 |
| 2020 | $130,768,783▲1.0% | $129,332,835▲4.4% | $30,956,904▲12.5% | $138,909,409▲2.8% | 990 |
| 2019 | $129,416,019▲7.6% | $123,897,297▼2.2% | $27,510,176▲11.7% | $135,061,336▲19.6% | 990 |
| 2018 | $120,295,564▲20.3% | $126,620,215▲25.9% | $24,635,560▼33.8% | $112,932,845▼7.0% | 990 |
| 2016 | $100,012,414▲17.1% | $100,587,084▲17.0% | $37,187,180▲9.2% | $121,487,503▲10.2% | 990 |
| 2015 | $85,405,492▲13.6% | $86,000,758▲16.0% | $34,052,581▼14.4% | $110,224,834▲25.3% | 990 |
| 2014 | $75,173,472▲20.8% | $74,138,961▲20.7% | $39,794,798▼1.4% | $87,947,791▲5.5% | 990 |
| 2013 | $62,207,884 | $61,406,997▲14.5% | $40,379,790▲4.9% | $83,398,310▲3.1% | 990 |
| 2012 | — | $53,618,060▲9.2% | $38,490,067▼5.9% | $80,923,293▼4.9% | 990 |
| 2011 | — | $49,110,065▼0.4% | $40,920,584▲2.9% | $85,116,673▼0.2% | 990 |
| 2010 | — | $49,301,289▲2.4% | $39,769,011▲8.6% | $85,314,986▲1.1% | 990 |
| 2009 | — | $48,150,476 | $36,610,059 | $84,383,519 | 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: Dr Kent Ingle — $460,689 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Kent Ingle | President | 40 | $460,689 |
| Dr J Christopher Owen | Executive Vice President (former) | — | $363,113 |
| Dr Meghan L Griffin | Provost/chief Academic Officer | 40 | $242,440 |
| Phillip Schmitt | Vp Finance/cfo | 40 | $236,059 |
| Dr Cody Lloyd | Vp For Institutional Research | 40 | $226,926 |
| Dr Michael Steiner | Vp of Innovation | 40 | $215,511 |
| Dennis Ross | Professor, Political Science | 40 | $213,705 |
| Dr Bethany Thomas | Vp Student Development | 40 | $213,194 |
| Justin Lathrop | Vp Strategic Partnerships | 40 | $175,362 |
| Sylvia Blackmon-roberts | Vp of Community Relations | 40 | $170,677 |
| Justin E Rose | Avp Information Management & Digital Learning | 40 | $162,488 |
| Tommy Barnett | Trustee | 10 | $60,000 |
| Gabriel Salguero | Trustee | 5 | $18,833 |
| Luke Barnett | Trustee | 1 | $5,000 |
| Douglas Witherup | Trustee | 1 | $3,000 |
| Kenneth Draughon | Trustee | 1 | $500 |
| Roger Archer | Trustee | 1 | $233 |
| Abner Adorno | Trustee | 1 | — |
| Jeffery Portmann | Trustee | 1 | — |
| Jeremy Johnson | Trustee (part Year) | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Chartwells South Region | Campus Food Services | $4,686,068 |
| Kingsky Flight Academy LLC | Academic Services | $800,977 |
| Eab Global Inc | Enrollment Consulting | $800,573 |
| Jenzabar Inc | Erp Software | $772,272 |
| Polk County Sheriff's Office | Safety & Security Services | $568,061 |
Grants received · $1.0M total
37 grants to Southeastern University Inc totaling $1.0M, 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 | $152,726 |
| Christian Community Foundation Inc | General support | 2024 | $115,000 |
| Midflorida Credit Union | Paying for college series. | 2024 | $75,000 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2024 | $29,085 |
| Winter Haven Hospital Inc | Funding support | 2024 | $20,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $10,000 |
| Givewell Community Foundation Inc | Education - college | 2024 | $9,000 |
| National Christian Charitable Foundation | Growth | 2023 | $105,050 |
| Charities Aid Foundation America | Charitable donation | 2023 | $59,945 |
| Hispanic Scholarship Fund | To provide scholarships for students | 2023 | $29,715 |
| Tulsa Community Foundation | Scholarships | 2023 | $13,721 |
| Central Florida Foundation Inc | — | 2023 | $10,961 |
| The Miami Foundation Inc | Scholarships | 2023 | $7,000 |
| Tulsa Community Foundation | Scholarships | 2022 | $23,393 |
| Central Florida Foundation Inc | Scholarship | 2022 | $11,039 |
Grants made · $48K in FY2024
2 grants totaling $48K in FY2024. All grants made by Southeastern University Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Junior Achievement of Tampa Bay | Program assistance | $25,000 |
| 10ten Project Inc | Program assistance | $22,500 |
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Compare Southeastern University Inc
Frequently asked questions
- Is Southeastern University Inc a legitimate nonprofit?
- Yes. Southeastern University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-0722789, based in Lakeland, Florida. Donations are tax-deductible.
- What is Southeastern University Inc's EIN?
- Southeastern University Inc's Employer Identification Number (EIN) is 59-0722789.
- How much revenue does Southeastern University Inc report?
- Southeastern University Inc reported $158,849,774 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Southeastern University Inc's spending goes to programs?
- Southeastern University Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southeastern University Inc have?
- CharityIndex grades Southeastern University Inc A, based on program efficiency and fundraising cost.
- How much does Southeastern University Inc's highest-paid employee make?
- The highest reported compensation on Southeastern University Inc's latest Form 990 is $460,689, paid to Dr Kent Ingle (President).
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Explore more
Data for Southeastern University Inc (EIN 59-0722789) 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.