EIN 54-0129860

Averett University

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Danville
Year formed
1859
Most recent tax filings
2022-06-01
Description
Averett University offers courses of study leading to bachelor’s and master’s degrees on campus in Danville, Virginia and at regional centers throughout Virginia.
Total revenues
$52,537,799
2022
Total expenses
$58,894,855
2022
Total assets
$74,504,725
2022
Num. employees
0
2022

Program areas at Averett University

Averett provides instruction to more than 1,500 students leading to undergraduate and graduate degrees through its traditional and professional studies programs. Averett prepares its students for successful lives through personal attention of each student in the liberal arts tradition. Students are encouraged to ask and answer important questions, form and defend judgements, and thoughtfully evaluate diverse views. In accordance with our christian heritage, we value academic and religious freedom, spiritual growth, academic excellence, diversity, and tolerance.

Grants made by Averett University

GranteeGrant descriptionAmount
Danville Regional Foundation (DRF)Career Development and Community Service$488,155

Who funds Averett University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Danville Regional Foundation (DRF)Au Online$1,872,500
Danville Foundation HouseCash To Support the University's Proposed Master's in Nursing/nurse Practitioner Program.$779,054
E Stuart James Grant Charitable Trust$400,000 Debt Reduction (1st Year of 3 Year Pledge)$400,000
...and 30 more grants received totalling $4,441,453

Personnel at Averett University

NameTitleCompensation
Don AungstChief Financial Officer and Chief Operating Officer$248,006
Melissa WohlsteinVice President Institutional Advancement$172,057
Venita MitchellVice President Advancement$133,607
Stacy GatoVice President Enrollment Trad$128,982
Tiffany FranksPresident; Trustee / President , Trustee$308,428
...and 6 more key personnel

Financials for Averett University

RevenuesFYE 06/2022
Total grants, contributions, etc.$6,898,138
Program services$43,892,457
Investment income and dividends$624,244
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$32,625
Net gain from sale of non-inventory assets$-125,033
Net income from fundraising events$24,431
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,190,937
Total revenues$52,537,799

Form 990s for Averett University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-16990View PDF
2021-062022-05-16990View PDF
2020-062021-04-13990View PDF
2019-062019-11-22990View PDF
2018-062018-11-15990View PDF
...and 8 more Form 990s

Organizations like Averett University

OrganizationLocationRevenue
Le Moyne CollegeSyracuse, NY$160,365,899
Canisius CollegeBuffalo, NY$104,179,636
Wilmington CollegeWilmington, OH$36,397,348
Wofford CollegeSpartanburg, SC$131,734,869
University of ScrantonScranton, PA$257,549,602
Northwestern Media (UNWSP)Saint Paul, MN$124,304,779
Chaminade University of HonoluluHonolulu, HI$78,361,559
Albion CollegeAlbion, MI$122,939,198
Claflin UniversityOrangeburg, SC$90,488,927
Indiana Wesleyan University (IWU)Marion, IN$197,828,333
Data update history
February 4, 2024
Received grants
Identified 5 new grant, including a grant for $79,687 from Commonwealth All for Rural Coll
December 27, 2023
Received grants
Identified 6 new grant, including a grant for $1,872,500 from Danville Regional Foundation (DRF)
September 25, 2023
Received grants
Identified 2 new grant, including a grant for $3,000 from L and M Meador Scholarship Trust
August 18, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
420 W Main St
Danville, VA 24541
County
Danville city, VA
Website URL
averett.edu/ 
Phone
(434) 791-5600
Facebook page
AverettU 
Twitter profile
@averett 
IRS details
EIN
54-0129860
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1859
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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