Stetson University Inc
92% goes to programs $21 to raise $100 Strong reserves
Stetson University Inc is a 501(c)(3) organization based in Deland, Florida, registered in 1943, with $250,437,317 in FY2023 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
421 N Woodland Blvd, Deland, FL, 32723 EIN 59-0624416 Since 1943
Revenue (FY2023)
$250.4M
▲ 2.1% vs prior year
Education median: $200K
Expenses (FY2023)
$266.0M
Net assets
$498.7M
Employees
2,555
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 rating92% to programs · $21 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 Stetson University Inc: 92% to programs · $21 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating23 mo reserves · -6% 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 Stetson University Inc: 23 mo reserves · -6% margin earns a B+ 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 Stetson 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 Stetson University Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our mission at stetson university is to provide an excellent education in a creative community where learning and values meet, and to foster in students the qualities of mind and heart that will prepare them to reach their full potential as informed citizens of local communities and the world.
What they do
Auxiliary enterprises: the university auxiliary enterprises are for the convenience and benefit of its students, faculty, and staff. these services include a wide variety of student housing options, including dormitories and apartment-style accommodations. in addition, the university offers full array of dining services, student convenience store, and campus bookstore.
Contact & location
- Address
- 421 N Woodland Blvd, Deland, FL, 32723
- City
- Deland
- State
- Florida
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $200.3M (FY2013) to $250.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $242.3MNet assets $498.7M
Operating margin
-6.2%
Spent more than it raised in the latest fiscal year.
Total assets
$741.0M
Total liabilities
$242.3M
Net assets
$498.7M
Salaries & benefits
$89.3M
34% of expenses
Board members
33
32 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $250,437,317▲2.1% | $265,955,642▲4.3% | $498,709,051▲2.0% | $741,017,064▲11.6% | 990 |
| 2022 | $245,230,702▼15.9% | $254,996,021▲1.7% | $489,080,329▲2.9% | $663,746,635▲1.7% | 990 |
| 2021 | $291,629,402▲1.1% | $250,822,027▲1.7% | $475,119,808▼3.8% | $652,792,817▼4.6% | 990 |
| 2020 | $288,494,091▲17.0% | $246,585,474▲2.2% | $493,717,564▲22.2% | $684,046,890▲16.2% | 990 |
| 2019 | $246,563,024▼1.6% | $241,344,995▲2.0% | $404,095,790▲1.5% | $588,771,463▲8.7% | 990 |
| 2018 | $250,632,704▲1.0% | $236,531,473▲5.9% | $398,038,979▲4.9% | $541,540,027▲3.5% | 990 |
| 2017 | $248,069,650▲10.4% | $223,271,930▲2.1% | $379,412,472▲11.2% | $523,358,318▲8.7% | 990 |
| 2016 | $224,743,357▲2.3% | $218,731,268▲3.3% | $341,124,920▲8.3% | $481,422,496▲5.3% | 990 |
| 2015 | $219,691,666▲6.0% | $211,790,022▲9.7% | $315,048,906▼1.4% | $457,049,629▼0.5% | 990 |
| 2014 | $207,337,106▲3.5% | $193,067,484▲5.3% | $319,372,743▲1.1% | $459,258,935▲14.0% | 990 |
| 2013 | $200,292,081 | $183,287,157▲8.8% | $315,904,253▲11.3% | $402,872,065▲8.3% | 990 |
| 2012 | — | $168,461,974▲7.2% | $283,760,702▲13.4% | $372,000,043▲9.7% | 990 |
| 2011 | — | $157,180,517▲7.8% | $250,334,769▲1.4% | $339,060,082▲3.3% | 990 |
| 2010 | — | $145,768,178▲1.9% | $246,761,742▲12.3% | $328,338,875▲10.3% | 990 |
| 2009 | — | $143,094,624 | $219,722,403 | $297,788,061 | 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: Christopher F Roellke — $523,032 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christopher F Roellke | President/trustee | 70 | $523,032 |
| Noel Painter | Former Evp and Provost | 60 | $477,725 |
| Jeffrey Altier | Athletic Director | 60 | $316,886 |
| Darryl Wilson | Professor of Law and Associate Dean | 40 | $272,022 |
| Peter Lake | Professor of Law | 40 | $266,656 |
| Rebecca Morgan | Professor of Law | 40 | $263,695 |
| Jeremy Digorio | Vp and Cfo | 60 | $255,947 |
| Elizabeth Boals | Professor of Law | 40 | $244,375 |
| John Downey | Vp of Campus Life and Student Success | 60 | $240,318 |
| Donald Jones | Basketball Coach | 40 | $233,253 |
| Elizabeth Skomp | Evp and Provost | 60 | $230,394 |
| Krista Bofill | Evp and Cdo | 60 | $229,919 |
| Kristen Adams | Former Dean of Law School | 60 | $221,883 |
| Theresa J Pulley Radwan | Former Interim Dean and Professor of Law School | 60 | $205,823 |
| Frank R Huth | Former Evp and Cfo | 60 | $188,966 |
| Bruce Chong | Former Vp For University Marketing and Communication | 60 | $179,885 |
| Jeffrey Gates | Senior Vp - Enrollment Management and Marketing | 60 | $161,451 |
| D Benjamin Barros | Dean and Professor of Law School | 60 | $153,426 |
| Amy K Gipson | Former Interim Vp - Development and Alumni Engagement | 60 | $130,707 |
| Lynn Schoenberg | Former Co-interim Vp For Class and Dean of Students | 60 | $122,564 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Williams Company Building Division | Construction | $12,071,707 |
| Biltmore Construction Company Inc | Construction | $5,933,970 |
| Chartwells | Food Services | $5,332,618 |
| Sdf Contracting LLC | Construction | $912,566 |
| Hartman Integration Inc | Construction | $891,912 |
Grants received · $10.5M total
129 grants to Stetson University Inc totaling $10.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2024 | $407,000 |
| Givewell Community Foundation Inc | Education - college | 2024 | $131,370 |
| Impactassets Inc | General support | 2024 | $130,000 |
| Memorial Hospital-west Volusia Inc | General support | 2024 | $70,000 |
| Southwest Volusia Healthcare Corporation | General support | 2024 | $68,625 |
| Charities Aid Foundation America | Charitable donation | 2024 | $53,412 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $50,000 |
| Ayco Charitable Foundation | Education | 2024 | $25,000 |
| The Community Foundation For Greater Atlanta Inc | Education | 2024 | $20,500 |
| American Online Giving Foundation Inc | General support | 2024 | $8,424 |
| American Endowment Foundation | Educational | 2024 | $8,250 |
| Midway USA Foundation Inc | To fund youth shoothing sports | 2024 | $5,197 |
| Neo Philanthropy Inc | Program grant | 2024 | $5,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $5,000 |
| Lettie Pate Whitehead Foundation Inc | For general scholarship support. | 2023 | $407,000 |
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Compare Stetson University Inc
Frequently asked questions
- Is Stetson University Inc a legitimate nonprofit?
- Yes. Stetson University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-0624416, based in Deland, Florida. Donations are tax-deductible.
- What is Stetson University Inc's EIN?
- Stetson University Inc's Employer Identification Number (EIN) is 59-0624416.
- How much revenue does Stetson University Inc report?
- Stetson University Inc reported $250,437,317 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Stetson University Inc's spending goes to programs?
- Stetson University Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Stetson University Inc have?
- CharityIndex grades Stetson University Inc A, based on program efficiency and fundraising cost.
- How much does Stetson University Inc's highest-paid employee make?
- The highest reported compensation on Stetson University Inc's latest Form 990 is $523,032, paid to Christopher F Roellke (President/trustee).
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Data for Stetson University Inc (EIN 59-0624416) 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.