The Cedarville University
89% goes to programs $10 to raise $100 Strong reserves Growing revenue
The Cedarville University is a 501(c)(3) organization based in Cedarville, Ohio, registered in 1941, with $240,765,832 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
251 N Main St, Cedarville, OH, 45314 EIN 31-0536647 Since 1941
Revenue (FY2024)
$240.8M
▲ 16.5% vs prior year
Education median: $200K
Expenses (FY2024)
$211.0M
Net assets
$340.5M
Employees
3,324
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 rating89% to programs · $10 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 The Cedarville University: 89% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating19 mo reserves · +12% 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 The Cedarville University: 19 mo reserves · +12% 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 The Cedarville 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 The Cedarville University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Cedarville university transforms lives through excellent education and intentional discipleship in submission to biblical authority.
What they do
Instruction and academic support: located in southwest ohio, cedarville university is an accredited, christ-centered, baptist institution with an enrollment of 7,265 undergraduate, graduate and online students in more than 175 areas of study. founded in 1887, cedarville is recognized nationally for its authentic christian community, rigorous academic programs, strong graduation and retention rates, accredited professional and health science offerings and high student engagement ranking.
Auxiliary services: cedarville is committed to the development of the whole person. from our student life initiatives to our curriculum design, all of our structures and strategies have been developed to produce graduates who will possess the expertise and character needed to engage their professional, social and political spheres-of-influence with truth from god's unchanging word.
Student services: at cedarville, we are a community of believers accountable to one another, called to reflect the character of jesus christ and to be obedient to his word. we will be faithful in our support for the local church and in our practice of spiritual disciplines. we will practice biblical principles of encouragement, exhortation, and reconciliation. we commit ourselves to integrity, kindness, purity, and self-control and to continual growth in scholarship, leadership, and service.
Contact & location
- Address
- 251 N Main St, Cedarville, OH, 45314
- City
- Cedarville
- State
- Ohio
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $119.5M (FY2013) to $240.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $24.8MNet assets $340.5M
Operating margin
12.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$365.4M
Total liabilities
$24.8M
Net assets
$340.5M
Salaries & benefits
$69.7M
33% of expenses
Board members
25
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $240,765,832▲16.5% | $210,980,598▲11.9% | $340,520,061▲10.5% | $365,354,316▲8.1% | 990 |
| 2023 | $206,749,413▼1.3% | $188,591,934▲4.3% | $308,187,764▲6.9% | $337,905,658▲5.1% | 990 |
| 2022 | $209,565,667▲7.5% | $180,785,406▲7.1% | $288,359,459▲11.3% | $321,440,523▲12.5% | 990 |
| 2021 | $195,000,873▲6.7% | $168,808,042▲10.7% | $259,018,617▲7.2% | $285,598,850▲10.8% | 990 |
| 2020 | $182,725,706▲14.7% | $152,487,858▲8.7% | $241,637,652▲19.1% | $257,715,774▲14.9% | 990 |
| 2019 | $159,289,322▲6.7% | $140,318,406▲6.7% | $202,959,875▲9.4% | $224,265,347▲9.4% | 990 |
| 2018 | $149,267,481▲10.5% | $131,470,776▲7.5% | $185,582,691▲10.7% | $204,944,554▲8.6% | 990 |
| 2017 | $135,023,913▲6.4% | $122,316,519▲3.4% | $167,606,173▲6.0% | $188,794,214▲2.6% | 990 |
| 2016 | $126,916,822▲2.3% | $118,320,604▲1.4% | $158,079,082▲7.6% | $183,940,001▲5.0% | 990 |
| 2015 | $124,038,264▲1.1% | $116,645,660▲0.8% | $146,852,620▲7.0% | $175,223,934▲3.4% | 990 |
| 2014 | $122,646,123▲2.6% | $115,665,558▲4.9% | $137,267,277▲3.3% | $169,494,296▲2.7% | 990 |
| 2013 | $119,492,965 | $110,259,274▲1.2% | $132,901,808▲9.2% | $165,068,676▲4.6% | 990 |
| 2012 | — | $108,987,111▲12.7% | $121,696,211▲5.3% | $157,866,958▲6.4% | 990 |
| 2011 | — | $96,713,614▲1.0% | $115,588,840▲3.0% | $148,394,193▲5.2% | 990 |
| 2010 | — | $95,762,356▲4.1% | $112,214,610▲8.4% | $141,062,474▲7.0% | 990 |
| 2009 | — | $92,002,894 | $103,542,131 | $131,846,092 | 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: Thomas White — $390,172 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas White | President | 40 | $390,172 |
| Christopher Sohn | Vp of Business Cfo | 40 | $232,372 |
| Thomas Mach | Vp Academics | 40 | $230,416 |
| Scott Van Loo | Vp Enrollment Mgmt | 40 | $224,254 |
| William Smallwood | Vp Advancement | 40 | $212,518 |
| Seth Hamman | Prof of Cyber Operations | 40 | $198,761 |
| Jeffery Bates | Prof of Pharm Science | 40 | $182,272 |
| Janice Supplee | Vp Marketing | 40 | $171,401 |
| Aleda Chen | Professor of Pharmacy Science | 40 | $159,359 |
| Jason Grahame | Director of PA Program | 40 | $157,455 |
| Justin Cole | Prof of Pharm Science | 40 | $155,101 |
| Jonathan Wood | Vp Student Life | 40 | $143,011 |
| Christopher Cross | Vp of Athletics | 40 | $116,342 |
| Mr Nathan Lino | Trustee | 1 | $41,803 |
| Robert Lutz | Vp For Strategic Initiatives (began 9/30/24) | 40 | $39,686 |
| Dr Corey Abney | Trustee - Secretary | 1 | $37,404 |
| Rev Joel Wayne | Trustee | 1 | $26,889 |
| Dr Jason Duesing | Trustee | 1 | $21,828 |
| Mr Daniel Petek | Trustee - Chairman | 1 | $17,939 |
| Dr James Hilton | Trustee | 1 | $17,798 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Danis Builders LLC | Construction | $13,655,511 |
| Pioneer College Caterers | Food Service | $9,738,698 |
| Chwr Inc | Mechanical Services | $2,729,108 |
| Hes Intermediate Holdings LLC | Housekeeping Services | $1,587,990 |
| International Center For Creation | Instructional Services | $1,252,787 |
Grants received · $45.1M total
110 grants to The Cedarville University totaling $45.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Christian Community Foundation Inc | Scholarship fund support | 2024 | $100,000 |
| National Christian Charitable Foundation | Evangelism and missions | 2024 | $72,849 |
| American Online Giving Foundation Inc | General support | 2024 | $60,301 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $13,400 |
| The Pittsburgh Foundation | Higher education | 2024 | $7,500 |
| Columbus Foundation | Education | 2024 | $6,461 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,145 |
| National Christian Charitable Foundation | Growth | 2023 | $1,074,384 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $380,950 |
| Donor Advised Charitable Giving | Education | 2023 | $362,400 |
| Dayton Foundation | Various projects | 2023 | $121,050 |
| American Online Giving Foundation Inc | General support | 2023 | $44,336 |
| Tulsa Community Foundation | Scholarships | 2023 | $29,399 |
| National Collegiate Athletic Association | Grants | 2023 | $20,641 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $11,200 |
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Frequently asked questions
- Is The Cedarville University a legitimate nonprofit?
- Yes. The Cedarville University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-0536647, based in Cedarville, Ohio. Donations are tax-deductible.
- What is The Cedarville University's EIN?
- The Cedarville University's Employer Identification Number (EIN) is 31-0536647.
- How much revenue does The Cedarville University report?
- The Cedarville University reported $240,765,832 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Cedarville University's spending goes to programs?
- The Cedarville University spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Cedarville University have?
- CharityIndex grades The Cedarville University A, based on program efficiency and fundraising cost.
- How much does The Cedarville University's highest-paid employee make?
- The highest reported compensation on The Cedarville University's latest Form 990 is $390,172, paid to Thomas White (President).
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Data for The Cedarville University (EIN 31-0536647) 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.