EIN 59-1023117

Lynn University

IRS 501(c) type
501(c)(3)
Num. employees
1,387
State
Year formed
1962
Most recent tax filings
2022-06-01
Description
Lynn's mission is to provide an innovative, global and personalized education that enables students to realize their potential.
Total revenues
$137,894,406
2022
Total expenses
$133,155,601
2022
Total assets
$202,054,235
2022
Num. employees
1,387
2022

Program areas at Lynn University

The University offers bachelor's and master's degrees and a doctoral degree. The academic program is designed for traditional-aged students, as well as a growing population of adult learners. Lynn University has more than 3,300 students from more than 100 countries an nearly all 50 states. The University offers 42 undergraduate majors, 14 graduate majors and 39 graduate specializations. Lynn University is proud of its tradition of educating students who assume positions of responsibility and become leaders in their chosen professions. The University is committed to student-centered learning, where faculty and staff provide personalized attention to students who have varying levels of academic proficiency and are motivated to excel. (continued on sch o)
The University maintains six residence halls that provide full living accommodations for the undergraduate and graduate student population. Each room is furnished to meet students' needs, including tv cable and wireless internet service. Most students living on campus are required to be on the University meal plan. Sodexo is the food service vendor, and the culinary experience includes 24/7 dining. Commuter students, faculty, staff and visitors can purchase block meal plans. The Lynn University campus store offers school-branded clothing, accessories, and various other supplies.
A program of activities complements the academic curriculum. Students choose those activities that will contribute to their personal development and enjoyment - student government, service clubs, sports, social fraternities, and numerous special interest organizations. Social activities include game shows, dances, comedians, live music, international festivals, films, pool parties, sports days, intramural sports, award dinners and novelty entertainment. Individual interests ranging from the fine arts to professional football, baseball, basketball and hockey to gourmet dining can be found in south Florida. Lynn University holds membership in the national collegiate athletic association (ncaa), division ii, and the sunshine state athletic conference. (continued on sch o)
Classical music is provided to the University community as well as the general public by students and faculty by the Lynn University conservatory of music. Additionally, students in the drama b.f.a. Program and professional actors and musicians perform on campus in the performing arts center. Many opportunities to share culture and ideas are offered through lecture series and community discourse. During the summer months, a portion of the University's educational facilities are used to provide instruction to children aged 3-13 who attend pine tree camps summer sessions.

Who funds Lynn University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Irving and Barbara C Gutin Charitable FoundationEducation$400,000
The Schmidt Family Foundation XXXXX3004General$320,000
The Chester FoundationThe Snyder Scholar Scholarship$200,000
...and 54 more grants received totalling $1,806,729
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$23,708,278
Department of EducationFEDERAL PELL GRANT$3,473,905
Department of EducationEDUCATION STABILIZATION FUND$2,654,071
...and 3 more federal grants / contracts

Personnel at Lynn University

NameTitleCompensation
Thomas J. RooneyChief Financial Officer and Treasurer$412,551
Sherrie WeldonChief Marketing Officer$258,921
Christian G BonifortiChief Information Officer$382,706
Laurie LevineVice President of Business and Finance / Vice President Business and Finance / Vice President for Business and Finance$273,395
Gregory J MalfitanoSenior Vice President for Development and Administration$403,586
...and 11 more key personnel

Financials for Lynn University

RevenuesFYE 06/2022
Total grants, contributions, etc.$8,215,410
Program services$129,162,299
Investment income and dividends$143,022
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-776,677
Net income from fundraising events$-4,476
Net income from gaming activities$0
Net income from sales of inventory$169,363
Miscellaneous revenues$985,465
Total revenues$137,894,406

Form 990s for Lynn University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-02-24990View PDF
2021-062022-02-17990View PDF
2020-062021-04-14990View PDF
2019-062020-09-17990View PDF
2018-062019-07-26990View PDF
...and 8 more Form 990s
Data update history
July 11, 2023
Used new vendors
Identified 3 new vendors, including , , and
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 12, 2023
Used new vendors
Identified 2 new vendors, including , and
May 10, 2023
Updated personnel
Identified 4 new personnel
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Political advocacyLobbyingFundraising eventsReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
3601 N Military Trail
Boca Raton, FL 33431
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Palm Beach County, FL
Website URL
lynn.edu/ 
Phone
(561) 237-7000
Facebook page
LynnUniversity 
Twitter profile
@lynnuniversity 
IRS details
EIN
59-1023117
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1962
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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