St Ambrose University
84% goes to programs $18 to raise $100 Strong reserves
St Ambrose University is a 501(c)(3) organization based in Davenport, Iowa, registered in 1946, with $121,522,041 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
518 W Locust St, Davenport, IA, 52803 EIN 42-0703280 Since 1946
Revenue (FY2023)
$121.5M
▲ 0.5% vs prior year
Education median: $200K
Expenses (FY2023)
$116.2M
Net assets
$345.8M
Employees
1,453
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 · $18 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 St Ambrose University: 84% to programs · $18 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating36 mo reserves · +4% 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 St Ambrose University: 36 mo reserves · +4% 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 St Ambrose 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 St Ambrose University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
St. ambrose university - independent, diocesan and catholic - enables its students to develop intellectually, spiritually, ethically, socially, artistically and physically to enrich their own lives and the lives of others.
What they do
*auxiliary enterprises & activities: the university provides food service and housing for an approximate capacity of 1,700 students.
*other program services and academic support: institutional support of the university is also provided by the offices of the vice president for academic and student affairs and the vice president of enrollment management.
Contact & location
- Address
- 518 W Locust St, Davenport, IA, 52803
- City
- Davenport
- State
- Iowa
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $113.9M (FY2013) to $121.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $65.1MNet assets $345.8M
Operating margin
4.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$410.9M
Total liabilities
$65.1M
Net assets
$345.8M
Salaries & benefits
$38.5M
33% of expenses
Board members
24
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $121,522,041▲0.5% | $116,195,488▲2.5% | $345,803,299▲8.7% | $410,861,860▲6.5% | 990 |
| 2022 | $120,947,375▼4.0% | $113,414,845 | $318,139,786▲9.6% | $385,748,926▲6.2% | 990 |
| 2021 | $125,922,880▲1.2% | $113,433,185▲8.3% | $290,275,625▼1.5% | $363,252,407▼3.9% | 990 |
| 2020 | $124,435,505▲11.6% | $104,786,592▲1.2% | $294,760,326▲23.8% | $378,130,838▲14.4% | 990 |
| 2019 | $111,513,726▼1.4% | $103,581,494▲2.0% | $238,152,591▼1.1% | $330,550,712▲1.6% | 990 |
| 2018 | $113,122,096▲1.4% | $101,522,632▲2.0% | $240,915,632▲6.3% | $325,294,852▲5.1% | 990 |
| 2017 | $111,531,603▲5.9% | $99,538,840▲0.1% | $226,601,146▲9.1% | $309,642,424▲4.8% | 990 |
| 2016 | $105,326,908▼0.1% | $99,481,879▼0.1% | $207,637,495▲10.9% | $295,567,264▲5.9% | 990 |
| 2015 | $105,404,035▼5.5% | $99,542,905▲0.1% | $187,208,997▼1.9% | $279,132,219▼0.4% | 990 |
| 2014 | $111,560,612▼2.1% | $99,416,519▲3.4% | $190,752,014▲3.6% | $280,380,806▲2.0% | 990 |
| 2013 | $113,936,748 | $96,120,074▲4.7% | $184,115,162▲11.8% | $274,782,187▲7.0% | 990 |
| 2012 | — | $91,800,452▲4.4% | $164,707,121▲19.0% | $256,741,693▲7.6% | 990 |
| 2011 | — | $87,922,588▲4.6% | $138,357,525▼4.1% | $238,596,277▲6.7% | 990 |
| 2010 | — | $84,067,461▲3.5% | $144,205,157▲20.8% | $223,568,338▲10.9% | 990 |
| 2009 | — | $81,203,109 | $119,399,945 | $201,633,228 | 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: Dr Amy C Novak — $380,609 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Amy C Novak | President/secretary/treasurer | 40 | $380,609 |
| Michael C Poster | Vp Finance/asst Secretary/treasurer | 40 | $213,527 |
| Dr Toby Arquette | Vp Communications & Marketing | 40 | $180,594 |
| Arthur Moreau | Professor | 40 | $174,057 |
| John Byrne | Professor | 40 | $168,073 |
| Anne Gannaway | Vp Advancement | 40 | $148,886 |
| Dr Paul Koch Until 62023 | Fmr Vp Academic & Student Affairs | 40 | $146,738 |
| Patrick Archer | Associate Provost | 40 | $146,265 |
| Lynn Kilburg | Dean Chhs | 40 | $138,825 |
| Leshane Saddler Until 62023 | Fmr Vp Enrollment Management | 40 | $137,003 |
| Maritza Espina | Professor | 40 | $133,587 |
| Christopher Waugh | Vp Student Success | 40 | $126,555 |
| Joseph Roidt | Vp Academic | 40 | $99,652 |
| Bishop T Zinkula Until 102023 | Board Member & Co-chair | 1 | — |
| Breann Thompson | Board Member | 1 | — |
| Brian Bassier | Board Member | 1 | — |
| Brian Lemek | Board Member | 1 | — |
| Caroline Ruhl Until 102023 | Board Member | 1 | — |
| Edmund Carroll Until 92023 | Board Member | 1 | — |
| Elizabeth Lemek | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Estes Construction LLC | Construction | $6,459,957 |
| Sodexo Campus Services | Food Services | $4,754,800 |
| Hes Intermediate Holdings LLC | Janitorial Services | $1,747,224 |
| Core Education Services Pbc | Academic Forums/benchmarking | $1,258,148 |
| Ellucian Company LP | License/maintenance/consulting | $705,218 |
Grants received · $5.0M total
85 grants to St Ambrose University totaling $5.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Cancer Society Inc | Extramural research | 2024 | $286,000 |
| Modern Woodmen of America | Capital campaign project | 2024 | $55,000 |
| American Online Giving Foundation Inc | General support | 2024 | $17,102 |
| Charities Aid Foundation America | Charitable donation | 2024 | $10,172 |
| American Gift Fund | Operations | 2024 | $10,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $6,500 |
| 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 | $240,850 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $105,000 |
| Donor Advised Charitable Giving | Education | 2023 | $31,950 |
| American Online Giving Foundation Inc | General support | 2023 | $29,271 |
| Modern Woodmen of America | General support | 2023 | $20,000 |
| National Philanthropic Tr | Public, societal benefit | 2023 | $17,500 |
| Charities Aid Foundation America | Charitable donation | 2023 | $12,925 |
| World Learning Inc | Education | 2023 | $10,383 |
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Frequently asked questions
- Is St Ambrose University a legitimate nonprofit?
- Yes. St Ambrose University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-0703280, based in Davenport, Iowa. Donations are tax-deductible.
- What is St Ambrose University's EIN?
- St Ambrose University's Employer Identification Number (EIN) is 42-0703280.
- How much revenue does St Ambrose University report?
- St Ambrose University reported $121,522,041 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of St Ambrose University's spending goes to programs?
- St Ambrose University spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does St Ambrose University have?
- CharityIndex grades St Ambrose University A, based on program efficiency and fundraising cost.
- How much does St Ambrose University's highest-paid employee make?
- The highest reported compensation on St Ambrose University's latest Form 990 is $380,609, paid to Dr Amy C Novak (President/secretary/treasurer).
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Data for St Ambrose University (EIN 42-0703280) 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.