University of La Verne
81% goes to programs $47 to raise $100 Strong reserves
University of La Verne is a 501(c)(3) organization based in La Verne, California, registered in 1934, with $214,416,236 in FY2023 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
1950 3rd St, La Verne, CA, 91750 EIN 95-1644026 Since 1934
Revenue (FY2023)
$214.4M
▲ 2.0% vs prior year
Education median: $200K
Expenses (FY2023)
$213.0M
Net assets
$323.8M
Employees
2,198
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating81% to programs · $47 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 University of La Verne: 81% to programs · $47 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating18 mo reserves · +1% 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 University of La Verne: 18 mo reserves · +1% 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 University of La Verne: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 University of La Verne: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o
Contact & location
- Address
- 1950 3rd St, La Verne, CA, 91750
- City
- La Verne
- State
- California
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $193.0M (FY2013) to $214.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $135.3MNet assets $323.8M
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$459.2M
Total liabilities
$135.3M
Net assets
$323.8M
Salaries & benefits
$83.5M
39% of expenses
Board members
30
30 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $214,416,236▲2.0% | $212,971,934▲1.3% | $323,805,174▲5.5% | $459,151,303▲0.8% | 990 |
| 2022 | $210,198,947▼5.3% | $210,306,991▼2.2% | $307,020,123▲4.3% | $455,580,567▲1.1% | 990 |
| 2021 | $221,932,913▲2.4% | $215,014,967▲6.1% | $294,250,842▼8.6% | $450,756,910▼8.0% | 990 |
| 2020 | $216,804,401▼1.2% | $202,717,766▼3.0% | $321,930,707▲16.0% | $489,778,337▲12.5% | 990 |
| 2019 | $219,382,550▼7.1% | $208,929,193▼2.1% | $277,573,929▲2.6% | $435,518,690▲1.3% | 990 |
| 2018 | $236,172,417▲1.7% | $213,457,927▲4.7% | $270,586,846▲7.9% | $429,745,174▲2.8% | 990 |
| 2017 | $232,187,786▲8.0% | $203,877,990▼1.8% | $250,752,298▲12.2% | $418,099,884▲7.0% | 990 |
| 2016 | $214,917,216▼1.4% | $207,635,557▲7.9% | $223,499,150▲8.0% | $390,745,492▲17.9% | 990 |
| 2015 | $218,068,140▲9.0% | $192,506,613▲5.2% | $206,972,487▲9.9% | $331,361,162▲5.3% | 990 |
| 2014 | $200,117,165▲3.7% | $182,932,138▲3.4% | $188,292,221▲7.6% | $314,549,095▲2.3% | 990 |
| 2013 | $193,034,414 | $176,833,301▲7.7% | $175,056,167▲15.1% | $307,611,110▲14.0% | 990 |
| 2012 | — | $164,180,292▲10.3% | $152,141,188▲16.1% | $269,760,019▲8.1% | 990 |
| 2011 | — | $148,807,499▲3.9% | $131,099,122▲9.4% | $249,435,324▲4.6% | 990 |
| 2010 | — | $143,283,296▲12.7% | $119,865,563▲13.9% | $238,471,313▲29.3% | 990 |
| 2009 | — | $127,101,741 | $105,211,337 | $184,382,744 | 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: Devorah A Lieberman — $793,956 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Devorah A Lieberman | President (thru 08/23) | 40 | $793,956 |
| Avedis Kechichian | Chief Financial Officer | 40 | $785,413 |
| Sherri Mylott | Vp, University Advancement | 40 | $271,459 |
| Roy Kwon | Vice Provost (thru 06/24) | 40 | $243,842 |
| Eric Bishop | Interim Vp of Enrollment Management | 40 | $241,311 |
| Pardis Mahdavi | President (from 06/23 Thru 06/24) | 40 | $235,015 |
| Ibrahim Helou | Professor of Finance | 40 | $225,812 |
| Md Haque | Dean of College of Education | 40 | $217,031 |
| Emmeline De Pillis | Dean, College of Business | 40 | $211,057 |
| Kevin Marshall | Dean, College of Law | 40 | $206,024 |
| Keeok Park | Associate Dean College of Business | 40 | $199,075 |
| Todd Britton | Chief Information Officer, Avp | 40 | $198,694 |
| Lori Gordien | Associate Vp of Finance | 40 | $198,459 |
| Ann Schultz | Professor/director PA Program | 40 | $197,876 |
| Shannon Mathews | Dean, College of Arts and Sciences | 40 | $195,941 |
| Issam Ghazawi | Associate Professor of Management | 40 | $186,137 |
| Juan Regalado | Chief Student Affairs Officer | 40 | $177,894 |
| Kerop Janoyan | Provost (thru 07/23) | 40 | $119,341 |
| Jonathan Reed | Former Provost | 0 | $116,004 |
| Mary Aguayo | Former Vp, Str. Enroll Management | 0 | $114,285 |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Bon Appetit | Food Service | $3,786,917 |
| Professional Development Courses | Correspondent Work | $1,169,235 |
| Go Architects Inc | Architecture | $1,155,482 |
| Converze Media Group LLC | Advertising | $1,138,858 |
| Sodexo Inc & Affiliates | Housekeeping Services | $1,108,129 |
Grants received · $2.1M total
60 grants to University of La Verne totaling $2.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Educational | 2024 | $12,476 |
| Charities Aid Foundation America | Charitable donation | 2024 | $12,250 |
| White Memorial Medical Center | Sponsorship | 2024 | $10,000 |
| California Healthcare Foundation | Workforce health education | 2023 | $40,000 |
| California Community Foundation | Education | 2023 | $32,878 |
| Altamed Health Services Corp | Reduced health disparity in underserved communities. | 2023 | $25,000 |
| Columbus Foundation | Education | 2023 | $20,000 |
| Donor Advised Charitable Giving | Education | 2023 | $15,000 |
| White Memorial Medical Center | Sponsorship | 2023 | $15,000 |
| Yale University | Subaward - sponsored research | 2023 | $11,500 |
| National Philanthropic Tr | Culture & arts | 2023 | $10,250 |
| American Federation of State County & Municipal Employees | General | 2023 | $6,000 |
| The San Diego Foundation | For general support | 2023 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,250 |
| Charities Aid Foundation America | Charitable donation | 2023 | $5,025 |
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Frequently asked questions
- Is University of La Verne a legitimate nonprofit?
- Yes. University of La Verne is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-1644026, based in La Verne, California. Donations are tax-deductible.
- What is University of La Verne's EIN?
- University of La Verne's Employer Identification Number (EIN) is 95-1644026.
- How much revenue does University of La Verne report?
- University of La Verne reported $214,416,236 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of University of La Verne's spending goes to programs?
- University of La Verne spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of La Verne have?
- CharityIndex grades University of La Verne A, based on program efficiency and fundraising cost.
- How much does University of La Verne's highest-paid employee make?
- The highest reported compensation on University of La Verne's latest Form 990 is $793,956, paid to Devorah A Lieberman (President (thru 08/23)).
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Data for University of La Verne (EIN 95-1644026) 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.