Wartburg College
77% goes to programs $14 to raise $100 Strong reserves Declining revenue
Wartburg College is a 501(c)(3) organization based in Waverly, Iowa, registered in 1996, with $77,031,267 in FY2024 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
100 Wartburg Blvd, Waverly, IA, 50677 EIN 42-0680351 Since 1996
Revenue (FY2024)
$77.0M
▼ 29.0% vs prior year
Education median: $200K
Expenses (FY2024)
$73.9M
Net assets
$169.4M
Employees
1,742
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 rating77% to programs · $14 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 Wartburg College: 77% to programs · $14 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating28 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 Wartburg College: 28 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 Wartburg College: 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 Wartburg College: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Wartburg college provides educational programs and experiences that challenge and nurture students for lives of leadership and service as a spirited expression of their faith and learning.
What they do
Auxiliary services support and enhance student life by providing quality living and dining options as well as providing a campus store on campus and online; there were 1,193 and 1,120 students living on campus for the fall 2024 and winter 2025 terms, respectively.
College-sponsored youth camps, student organization fundraising initatives, print center services, and all other programs in support of the college's mission.
Contact & location
- Address
- 100 Wartburg Blvd, Waverly, IA, 50677
- City
- Waverly
- State
- Iowa
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $85.2M (FY2013) to $77.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $80.5MNet assets $169.4M
Operating margin
4.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$249.9M
Total liabilities
$80.5M
Net assets
$169.4M
Salaries & benefits
$29.1M
39% of expenses
Board members
30
27 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $77,031,267▼29.0% | $73,850,834▼30.4% | $169,373,332▲6.0% | $249,906,700▲2.9% | 990 |
| 2023 | $108,559,015▲17.2% | $106,151,244▲6.9% | $159,737,843▲9.4% | $242,981,582▲3.8% | 990 |
| 2022 | $92,638,428▼8.4% | $99,321,176▲4.6% | $146,034,856▼6.1% | $234,139,025▼5.6% | 990 |
| 2021 | $101,117,542▼16.1% | $94,944,302▲3.0% | $155,478,583▼0.7% | $247,960,217▼1.0% | 990 |
| 2020 | $120,454,786▲25.5% | $92,167,438▲4.6% | $156,512,595▲22.7% | $250,416,253▲16.1% | 990 |
| 2019 | $95,995,800▲4.9% | $88,129,918▲2.3% | $127,577,281▲5.5% | $215,597,614▲2.1% | 990 |
| 2018 | $91,519,616▲8.3% | $86,139,931▲2.5% | $120,902,802▲2.5% | $211,237,263▲0.3% | 990 |
| 2017 | $84,488,233▲4.9% | $84,047,801▲3.7% | $117,948,577▲1.9% | $210,607,449▲0.3% | 990 |
| 2016 | $80,549,916▼2.7% | $81,084,796▲0.1% | $115,708,158▲7.6% | $209,911,626▲1.7% | 990 |
| 2015 | $82,761,102▼12.3% | $81,038,203▼2.8% | $107,520,380▼3.3% | $206,304,724▼1.6% | 990 |
| 2014 | $94,340,528▲10.8% | $83,414,913 | $111,179,863▲9.2% | $209,756,550▲6.0% | 990 |
| 2013 | $85,168,316 | $83,406,378▲5.4% | $101,802,585▲5.7% | $197,840,757▲2.5% | 990 |
| 2012 | — | $79,117,837▲1.4% | $96,287,214▲16.2% | $193,094,880▲7.3% | 990 |
| 2011 | — | $78,011,922▲4.3% | $82,847,347▼2.2% | $180,021,777▼1.1% | 990 |
| 2010 | — | $74,804,027▲3.0% | $84,690,278▲10.3% | $182,083,943▲4.7% | 990 |
| 2009 | — | $72,657,305 | $76,747,040 | $173,940,698 | 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: Dr Rebecca Ehretsman — $353,346 (0.48% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Rebecca Ehretsman | President | 55 | $353,346 |
| Debora Johnson-ross | Vp, Academic Affairs | 55 | $159,800 |
| Scott Leisinger | Vp, Institutional Advancement | 55 | $149,589 |
| Rick Willis | Vp, Strategic Recruitment | 55 | $146,129 |
| Greg Kneser | Vp, Student Life | 55 | $143,212 |
| Richard Seggerman | Vp, Finance & Admn (through 01/2025) | 55 | $135,208 |
| Dan Black | Professor of Engineering Science | 40 | $116,667 |
| Zak Montgomery | Associate Dean of Academic Affairs | 40 | $114,383 |
| Lee Nelson | Professor of Music | 40 | $101,127 |
| Barb Schultz | Chief Information Officer | 55 | $88,189 |
| Alicia Faust | Regent | 5 | — |
| Amy Kilgus Chamley | Regent | 5 | — |
| Andrea Westmeyer | Regent, Vice Chair - Board | 5 | — |
| Barbara Gamez | Regent, Vice Chair - Board | 5 | — |
| Ben Shanno | Regent | 5 | — |
| Dr Ann Adams Bullock | Regent, Vice Chair - Board | 5 | — |
| Dr Delford Doherty | Regent, Vice Chair - Board | 5 | — |
| Dr Kerri Blobaum | Regent | 5 | — |
| Dr Marilyn Flachman | Regent | 5 | — |
| Felecia Boone | Regent | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Young Plumbing and Heating Company | Plumbing and Heating | $777,025 |
| Jenspark DBA Spark451 | Advertising/agreements | $715,277 |
| Dynamic Campus Solutions Inc | Technology Support Services | $671,344 |
| Hawkeye Stages | Bus Charter | $373,601 |
| Fbg Service Corporation | Cleaning Services | $307,997 |
Grants received · $9.8M total
87 grants to Wartburg College totaling $9.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $1,376,010 |
| Servant Foundation | Education | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $42,761 |
| Thrivent Financial For Lutherans | General support | 2024 | $12,019 |
| Greater Kansas City Community Foundation | Education | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $7,329 |
| Thrivent Financial For Lutherans | General support | 2024 | $5,100 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $1,575,200 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $190,000 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $115,234 |
| Servant Foundation | Education | 2023 | $100,000 |
| Donor Advised Charitable Giving | Education | 2023 | $64,200 |
| American Online Giving Foundation Inc | General support | 2023 | $34,565 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $30,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $30,475 |
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Compare Wartburg College
Frequently asked questions
- Is Wartburg College a legitimate nonprofit?
- Yes. Wartburg College is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-0680351, based in Waverly, Iowa. Donations are tax-deductible.
- What is Wartburg College's EIN?
- Wartburg College's Employer Identification Number (EIN) is 42-0680351.
- How much revenue does Wartburg College report?
- Wartburg College reported $77,031,267 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Wartburg College's spending goes to programs?
- Wartburg College spends about 77% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Wartburg College have?
- CharityIndex grades Wartburg College A, based on program efficiency and fundraising cost.
- How much does Wartburg College's highest-paid employee make?
- The highest reported compensation on Wartburg College's latest Form 990 is $353,346, paid to Dr Rebecca Ehretsman (President).
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Data for Wartburg College (EIN 42-0680351) 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.