Stevenson University Inc is a 501(c)(3) organization based in Owings Mills, Maryland, registered in 1996, with $170,194,735 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
Revenue (FY2023)
$170.2M
▲ 7.7% vs prior year
Education median: $200K
Expenses (FY2023)
$167.6M
Net assets
$180.7M
Employees
1,635
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 Stevenson University Inc: 88% to programs · $5 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Stevenson University Inc: 13 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
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 Stevenson University Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
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 Stevenson University Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The university is an independent coeducational four-year university, which offers master's, bachelor's, and associate's degrees to approx. 3,000 full time equiv students.
The number of students receiving grants is as follows: pell 998, seog 117, work study 161, federal direct sub 1,635, federal direct unsub 1,129, parent loans 725, and stevenson grants and scholarships 3,273.
Revenue grew from $141.4M (FY2013) to $170.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
1.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$348.1M
Total liabilities
$167.4M
Net assets
$180.7M
Salaries & benefits
$47.6M
28% of expenses
Board members
27
27 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $170,194,735▲7.7% | $167,632,795▲7.2% | $180,682,287▲0.2% | $348,084,367▲1.4% | 990 |
| 2022 | $157,992,249▼2.4% | $156,394,641▲3.8% | $180,242,075▲5.6% | $343,217,002▲1.2% | 990 |
| 2021 | $161,866,162▲4.4% | $150,618,294▲8.5% | $170,712,176▼8.4% | $339,125,128▼4.1% | 990 |
| 2020 | $155,065,115▲5.9% | $138,760,108▼1.2% | $186,316,880▲23.3% | $353,792,351▲16.9% | 990 |
| 2019 | $146,450,457▲1.0% | $140,443,532▼1.3% | $151,141,219▲5.6% | $302,752,205▲3.1% | 990 |
| 2018 | $145,067,273▼4.8% | $142,231,783▼1.2% | $143,123,124▲4.5% | $293,599,595▲2.8% | 990 |
| 2017 | $152,330,591▼0.8% | $144,003,682▼1.7% | $137,015,244▲12.8% | $285,725,524▲2.5% | 990 |
| 2016 | $153,573,728▲1.8% | $146,511,500▲1.7% | $121,438,715▲20.0% | $278,679,071▲4.5% | 990 |
| 2015 | $150,903,945▲5.0% | $144,100,298▲4.2% | $101,202,085▼3.8% | $266,763,466▼1.3% | 990 |
| 2014 | $143,707,158▲1.6% | $138,259,571▲3.8% | $105,189,025▼1.6% | $270,343,172▲2.3% | 990 |
| 2013 | $141,405,171 | $133,216,960▲9.0% | $106,912,149▲11.0% | $264,252,946▲5.6% | 990 |
| 2012 | — | $122,252,876▲8.1% | $96,316,629▲16.4% | $250,179,511▲2.3% | 990 |
| 2011 | — | $113,106,171▲14.3% | $82,780,728▼0.9% | $244,525,006▼0.6% | 990 |
| 2010 | — | $98,949,816▲14.0% | $83,561,083▲19.1% | $245,933,541▲21.0% | 990 |
| 2009 | — | $86,764,567 | $70,141,249 | $203,312,424 | 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.
Highest-paid: Elliot L Hirshman — $879,451 (0.52% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Elliot L Hirshman | President | 40 | $879,451 |
| Melanie Edmondson | Vp of Admin & Finance, Cfo | 40 | $302,479 |
| Susan Gorman | Evp of Academic Affair/provos | 40 | $266,796 |
| Christopher Vaughan | Vp University Advancement | 40 | $258,949 |
| Mark Hergan | Vp Enrollment Management | 40 | $245,906 |
| Antionette Marbray | Vp Legal Affairs/state&fed Reg | 40 | $221,489 |
| John Buettner | Vp Marketing & Digital Comm | 40 | $196,991 |
| David Jordan | Vp Human Resources | 40 | $182,931 |
| Meredith Durmowicz | Sr Avp Academic Affairs/resear | 40 | $163,539 |
| John Bantillo | Cio | 40 | $163,498 |
| Amanda Holstaka | Dean Sodac/vice Provost Outrea | 40 | $159,421 |
| Sharon Buchbinder | Dean Sobl | 40 | $148,535 |
| Anna L Smith | Trustee | 1 | — |
| Arthur F Bell Jr CPA | Trustee | 1 | — |
| Barbara Bozzuto | Trustee | 1 | — |
| Blaire Aull Miller | Trustee Ex Officio | 1 | — |
| Brenda Bowe Johnson Phd | Trustee | 1 | — |
| Candace Osunade | Trustee | 1 | — |
| Christopher Tsakalos | Trustee | 1 | — |
| David A Burrows Jr | Trustee | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| David S Brown Enterprises | General Contractor | $16,735,378 |
| Sodexo Inc Affiliates | Food Service | $7,357,265 |
| Professional Maintenance Management | Cleaning Service | $2,407,860 |
| Alpha Landscape Contracting LLC | Ground Repairs | $2,187,285 |
| Lighting Maintenance Inc | Lighting Contractor | $1,288,684 |
50 grants to Stevenson University Inc totaling $1.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
Explore more
Data for Stevenson University Inc (EIN 52-0705392) 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.