Eastern University
Prepares diverse, Christ-centered graduates to impact the world. For fiscal year 2024 it reported $146.8M in revenue, $128.7M in expenses, and $110.6M in net assets.Pt I
- Founded
- 1952
- Type
- Higher education institution · Colleges & Universities
- Location
- St Davids, PA
- Website
- www.eastern.edu
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Ronald Matthews’s $363K as President is at the 21st percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Ronald Matthews | $363,089 | — | — | — | — | — |
| Ronald Matthews | — | $353,737 | $340,840 | $350,149 | $347,018 | $308,382 |
| Trevor Jackson | $261,277 | — | — | — | — | — |
| Christine Mahan | $203,445 | — | — | — | — | — |
| Trevor Jackson | — | $201,394 | — | — | — | — |
| Christine Mahan | — | $187,155 | $148,997 | $140,002 | $134,452 | $128,114 |
| Luisa Wilsman | $182,857 | — | — | — | — | — |
| Luisa Wilsman | — | $168,803 | $159,186 | $54,877 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Instruction
Expenditures for all activities through which students earn credit toward postsecondary degrees or certificates, and the support services for the delivery of instruction. Includes expenditures for curriculum development, departmental research, education materials (E.G., libraries), laboratories and other services that directly assist the…
Student Services
Funds expended for offices of admissions and registrar and those activities that contribute to the emotional and physical wellbeing of students, as well as their intellectual, cultural, and social development outside of the context of the formal instructional environment including student activities, counseling and career guidance…
Auxiliary and Other Operations
Funds expended for auxiliary enterprises that generally operate as self-supporting programs by charging fees for the provision of goods and services; also includes expenditures for institutional support and plant operations attributable AND/OR allocable to the programmatic departments of the institution.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 82% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 19% | — | — |
| Revenue growth | 21% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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