AU is a university based in Anderson, SC that was founded in 1911. As of 2019 they had $95 million in revenue and $175 million in assets.
Anderson University is a selective private comprehensive university located in Anderson, South Carolina. The university offers bachelors, masters, and doctoral degrees in approximately 60 areas of study.
EIN:
57-0324906
City:
State:
Metro:
Website:
Phone:
(864) 231-2000
Facebook:
Twitter:
Founded:
1911
Type:
501(c)(3)
NTEE:
Revenue:
$95,188,823
Assets:
$175,590,561
Employees:
1,389
Fiscal year end:
May
Program areas at AU
Anderson University (University) is a comprehensive university affiliated with the South Carolina Baptist Convention offering bachelors, masters, and doctorate degrees. Located on approximately 272 acres in the upstate region of South Carolina near the foothills of the Appalachians, the University features a rigorous education in a supportive Christian atmosphere.The University offers 40 baccalaureate majors with 36 minors. The University also offers eleven master degrees in the fields of business, Christian studies, criminal justice, education, music education, and nursing and two doctoral programs, Doctor of Ministry and Doctor of Physical Therapy. HIGHLIGHTS OF THE 2018-2019 FISCAL YEARAccreditation Re-affirmationRecently completed is Anderson University's 10-year re-affirmation of accreditation from the Commission on Colleges from the Southern Association of Colleges and Schools (SACS COC.)Expanded Career-Readiness Education for our Students through AU PRO Anderson University Professional Readiness Opportunities - (AU PRO) is a new program that provides all students with a series of training opportunities ...
Form 990s for AU
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|
| 2019-05 | Sep 10, 2020 | 990 | View PDF |
| 2018-05 | May 14, 2019 | 990 | View PDF |
| 2017-05 | May 14, 2018 | 990 | View PDF |
| 2016-05 | Aug 17, 2017 | 990 | View PDF |
| 2015-05 | Apr 7, 2016 | 990 | View PDF |
| ...and five more Form 990 PDFs |
Financials for AU
| Field | 2019 | 2018 | % Change |
|---|
| Federated campaigns | $0 | $0 | |
| Membership dues | $0 | $0 | |
| Fundraising event contributions | $51,563 | $94,941 | -45.7% |
| Related organizations | $1,171,179 | $1,186,811 | -1.3% |
| Government grants (contributions) | $411,939 | $266,852 | 54.4% |
| Normal grants, contributions, etc. | $2,284,464 | $2,694,627 | -15.2% |
| <em>Non-cash contributions included in above</em> | $163,054 | $862,311 | -81.1% |
| Total grants, contributions, etc. | $3,919,145 | $4,243,231 | -7.6% |
| Field | 2019 | 2018 | % Change |
|---|
| Total grants, contributions, etc. | $3,919,145 | $4,243,231 | -7.6% |
| Program services | $89,916,802 | $86,263,876 | 4.2% |
| Investment income and dividends | $1,974,398 | $1,482,293 | 33.2% |
| Tax-exempt bond proceeds | $0 | $0 | |
| Royalty revenue | $0 | $0 | |
| Net rental income | $-23,524 | $-40,259 | 41.6% |
| Net gain from sale of non-inventory assets | $-691,785 | $2,469,382 | -128.0% |
| Net income from fundraising events | $-12,760 | $-8,313 | -53.5% |
| Net income from gaming activities | $0 | $0 | |
| Net income from sales of inventory | $0 | $0 | |
| Miscellaneous revenues | $106,547 | $0 | 999% |
| Total revenues | $95,188,823 | $94,410,210 | 0.8% |
| Field | 2019 | 2018 | % Change |
|---|
| Grants to govts. and orgs. in USA | $0 | $0 | |
| Grants to individuals in USA | $31,250,626 | $28,690,034 | 8.9% |
| Grants to govts., orgs., and individuals outside USA | $0 | $0 | |
| Benefits paid to or for members | $0 | $0 | |
| Compensation of current officers, etc. | $1,229,710 | $804,473 | 52.9% |
| Compensation not included above, to disqualified persons | $313,097 | $245,718 | 27.4% |
| Non-officer salaries and wages | $25,904,874 | $24,918,616 | 4.0% |
| Pension/retirement accruals and contributions | $1,549,823 | $1,538,843 | 0.7% |
| Other employee benefits | $1,696,956 | $1,631,487 | 4.0% |
| Payroll taxes | $1,706,906 | $1,675,671 | 1.9% |
| Management fees | $0 | $0 | |
| Legal fees | $172,727 | $88,654 | 94.8% |
| Accounting fees | $86,030 | $46,962 | 83.2% |
| Lobbying fees | $0 | $0 | |
| Pro. fundraising fees | $69,179 | $30,000 | 130.6% |
| Investment mgmt fees | $199,390 | $179,542 | 11.1% |
| Other fee-for-service | $3,815,550 | $2,989,562 | 27.6% |
| Advertising and promotion | $1,832,093 | $1,872,919 | -2.2% |
| Office expenses | $1,854,696 | $2,438,547 | -23.9% |
| Information tech. expenses | $650,457 | $1,378,711 | -52.8% |
| Royalty expenses | $0 | $0 | |
| Occupancy | $5,679,373 | $5,564,186 | 2.1% |
| Travel | $1,239,806 | $1,200,305 | 3.3% |
| Public official travel and entertainment | $0 | $0 | |
| Conferences, meetings, etc. | $110,794 | $36,190 | 206.1% |
| Interest | $1,164,056 | $1,163,875 | 0.0% |
| Payments to affiliates | $0 | $0 | |
| Depreciation, amortization, etc. | $4,269,745 | $4,099,659 | 4.1% |
| Insurance | $312,971 | $0 | 999% |
| All other expenses | $5,005,704 | $4,443,891 | 12.6% |
| Total expenses | $90,114,563 | $85,037,845 | 6.0% |
| Field | 2019 | 2018 | % Change |
|---|
| Cash (non-interest-bearing) | $36,445,583 | $35,444,540 | 2.8% |
| Savings, short-term investments, etc. | $0 | | |
| Pledges and grants receivable | $526,214 | $752,093 | -30.0% |
| Accounts receivable | $2,678,413 | $1,823,230 | 46.9% |
| Loans receivable from officers, directors, etc. | $0 | $0 | |
| Loans receivable from other disqualified persons | $0 | $0 | |
| Notes and loans receivable | $0 | $0 | |
| Inventories for use | $0 | $0 | |
| Prepaid expenses and deferred charges | $516,922 | $329,152 | 57.0% |
| Buildings, equipment, etc. post-depreciation | $88,438,317 | $87,238,901 | 1.4% |
| Investments, publicly traded securities | $39,701,048 | $38,572,626 | 2.9% |
| Investments, other securities | $1,426,321 | $2,374,421 | -39.9% |
| Investments, program-related | $1,597,674 | $1,991,951 | -19.8% |
| Intangible assets | $0 | $0 | |
| Other assets | $4,260,069 | $4,274,253 | -0.3% |
| Total assets | $175,590,561 | $172,801,167 | 1.6% |
| Field | 2019 | 2018 | % Change |
|---|
| Accounts payable and accrued expenses | $4,554,487 | $4,642,874 | -1.9% |
| Grants payable | $0 | $0 | |
| Deferred revenue | $2,289,145 | $1,342,576 | 70.5% |
| Tax-exempt bond liabilities | $27,213,971 | $28,747,882 | -5.3% |
| Escrow or custodial account liability | $115,599 | $105,841 | 9.2% |
| Loans payable to officers and disqualified persons | $0 | $0 | |
| Secured mortgages and notes payable to unrelated third parties | $630,333 | $768,129 | -17.9% |
| Unsecured notes and loans payable to unrelated third parties | $0 | $0 | |
| Other liabilities | $8,167,266 | $8,524,425 | -4.2% |
| Total liabilities | $42,970,801 | $44,131,727 | -2.6% |
| Field | 2019 | 2018 | % Change |
|---|
| Unrestricted net assets | $100,855,223 | $96,229,409 | 4.8% |
| Temporarily restricted net assets | $0 | $11,689,739 | -100% |
| Permanently restricted net assets | $31,764,537 | $20,750,292 | 53.1% |
Vendors for AU
| Vendor | Services | Amount paid | Date |
|---|
| Capin Crouse LLP | Tax accounting; Audit accounting | | 2020-10-20 |
| ██████ | Content management system software | | 2020-07-13 |
| ██████████████ | Fundraising Consultant | $30,000 | 2019-05-01 |
| █████ ████████████ ███ | Construction | $665,210 | 2019-05-01 |
| ███ █████████ | Fundraising Consultant | $12,535 | 2019-05-01 |
| ███████ ████████ ███ ████████ | It | $213,303 | 2019-05-01 |
| ██████████ ███████████ ███ | Fundraising Consultant | $5,229 | 2019-05-01 |
| ██████ ███ | Construction | $254,989 | 2019-05-01 |
| ...and three more vendors |
Personnel at AU
| Name | Title | Compensation | Most recent data |
|---|
| Kristie Cole | Vice President and Chief Financial Officer / Vice President for Finance and Chief Financial Officer | $118,543 | Sept. 10, 2020 |
| John Don | Chief of Staff, Office of the President | - | July 19, 2020 |
| ███ ██████ | Vice President for Technology , Online Learning and Innovation | $130,757 | July 19, 2020 |
| ████ ██████ | Senior Vice President for Administration and Brand B.S. , M.a. | $184,138 | July 19, 2020 |
| █████ ████████ | Senior Vice President for Development and Presidential Affairs | $174,360 | July 19, 2020 |
| ███ ████ | Vice President for Enrollment Management | - | July 19, 2020 |
| ███ ███████ | Senior Vice President for Student Development | - | July 19, 2020 |
| ███ ██ ████ ██████ ███ | Vice President for Athletics | - | July 19, 2020 |
| ███ ████████ | Vice President | - | July 19, 2020 |
| ████ ██ ████ | Provost | - | July 19, 2020 |
| ...and 11 more key personnel |
Peer universities
| | Name | Type | Revenue | Location |
|---|
| 1 | Furman University | 501(c)(3) | $234 million | Greenville, SC |
| 2 | Claflin University | 501(c)(3) | $59 million | Orangeburg, SC |
| 3 | Charleston Southern University | 501(c)(3) | $95 million | Charleston, SC |
| 4 | Baker University | 501(c)(3) | $59 million | Baldwin City, KS |
| 5 | Schreiner University | 501(c)(3) | $36 million | Kerrville, TX |
| 6 | University of Detroit Mercy (UDM) | 501(c)(3) | $177 million | Detroit, MI |
| 7 | Union Theological Seminary | 501(c)(3) | $25 million | New York, NY |
| 8 | Butler University | 501(c)(3) | $295 million | Indianapolis, IN |
| 9 | La Sierra University | 501(c)(3) | $84 million | Riverside, CA |
| 10 | Saint Xavier University (SXU) | 501(c)(3) | $112 million | Chicago, IL |
| 11 | Crown College | 501(c)(3) | $25 million | St Bonifacius, MN |
| 12 | Oral Roberts University (ORU) | 501(c)(3) | $147 million | Tulsa, OK |
| 13 | William Jessup University (WJU) | 501(c)(3) | $51 million | Rocklin, CA |
| 14 | Elon University | 501(c)(3) | $311 million | Elon, NC |
| 15 | University of Northwestern St Paul (UNWSP) | 501(c)(3) | $100 million | St Paul, MN |
| 16 | Holy Names University (HNU) | 501(c)(3) | $41 million | Oakland, CA |
| 17 | Gordon College | 501(c)(3) | $93 million | Wenham, MA |
| 18 | University of Dallas (UD) | 501(c)(3) | $114 million | Irving, TX |
| 19 | Judson University | 501(c)(3) | $32 million | Elgin, IL |
| 20 | University of Evansville (UE) | 501(c)(3) | $118 million | Evansville, IN |
| 21 | Catholic University of America (CUA) | 501(c)(3) | $362 million | Washington, DC |
| 22 | Lawrence Technological University (LTU) | 501(c)(3) | $66 million | Southfield, MI |
| 23 | Lynn University | 501(c)(3) | $119 million | Boca Raton, FL |
| 24 | Olivet Nazarene University (ONU) | 501(c)(3) | $153 million | Bourbonnais, IL |
| 25 | Rose-Hulman Institute of Technology | 501(c)(3) | $142 million | Terre Haute, IN |