Baldwin Wallace University FY2020 filing

Tax-deductible

Berea, OH501(c)(3)Since 1842Colleges & UniversitiesEIN 34-0714629Revenue $151.9M in FY2020

On file with the IRSbw.edu275 Eastland Rd, 44017-2005 · Berea, OHTax-exempt since Apr 1954School — 170(b)(1)(A)(ii)

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Baldwin Wallace University is an academic community committed to the liberal arts and sciences as the foundation for lifelong learning. The University fulfills this mission through a rigorous academic program that is characterized by excellence in teaching and learning. IT maintains a challenging, supportive environment that enhances students' intellectual and spiritual growth. Baldwin Wallace assists students in their preparation to become contributing, compassionate citizens of an increasingly global society and encourages their pursuit of personal and professional excellence.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$2.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $5.7M a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.3M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $38K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$48.2M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
47
of 47 voting members
Looks good: 47 of 47 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$151.9M
Spent
$149.3M
To programs
87%
Net assets
$314.4M
By yearFY2020–FY2025
Revenue
$151.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$151.9M
FY2021$147.8M
FY2022$146.0M
FY2023$147.0M
FY2024$162.9M
FY2025$164.7M
Expenses
$149.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$149.3M
FY2021$146.0M
FY2022$156.9M
FY2023$163.2M
FY2024$170.9M
FY2025$168.1M
Net assets
$314.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$314.4M
FY2021$356.8M
FY2022$317.2M
FY2023$307.1M
FY2024$299.0M
FY2025$306.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1954.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $129.8M Management & general 12% · $17.4M Fundraising 1% · $2.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

59 people listed on the 990; $2.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$389,733Pt VII · Sec A
VP for Phianthropy & Alumni
$219,282Pt VII · Sec A
$192,743Pt VII · Sec A
Senior Vice President
$191,329Pt VII · Sec A
VP for Finance & Admin
$187,156Pt VII · Sec A
VP for Enrollment Mngmt
$182,054Pt VII · Sec A
Professor, Comm Science
$172,877Pt VII · Sec A
VP for Student Affairs
$157,502Pt VII · Sec A

Robert C Helmer’s $446K as President (left 6/24) is at the 31st 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Robert C Helmer$446,109$449,214$447,636$391,036$354,856$389,733
Richard L Fletcher————$303,053$191,329
Ellen Zegarra$227,268$207,873————
Patrick J Dunlavy——$199,450$224,450$211,283$219,282
Gregory Flanik$215,915$170,577————
Gregory Cingle$213,409—————
Scott Schulz$191,401$191,371$204,271$191,391$179,387$182,054
Stephen D Stahl$166,140$203,368$196,942$197,143$184,464$192,743

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers undergraduate and master's degree programs alongside comprehensive campus services, including housing, dining, athletics, and healthcare, to support student success.

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Provided by the organization

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3 programs · $129.8M · in their own filed words · FY2019
01

Education of 2,820 full-time undergraduate students, 174 part-time undergraduates, and 540 graduate students, plus certificate programs and faculty scholarly research. Undergraduate degrees offered are the bachelor of arts, bachelor of fine arts, bachelor of science, bachelor of science in education, bachelor of music, bachelor of music…

$64.0Mprogram expense
02

Scholarships and need-based financial aid grants to students actively enrolled in the university.

$48.1Mprogram expense
03

Auxiliary services and activities for students, including residence halls housing 1,471 full-time students, dining halls, bookstore, athletics, student union, recreation center, and health center. Revenue excludes dining hall and bookstore net from sales of inventory, $4,885,702.

$17.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 6 funders$38K
See all 6 funders →
Grants paid · 6 grants · $331.5M · 2019–2024
Unitemized GrantFY2024$62,670,032
Unitemized GrantFY2023$57,345,880
Unitemized GrantFY2022$54,960,926
Unitemized GrantFY2021$56,378,939
Unitemized GrantFY2020$52,140,562
Unitemized GrantFY2019$48,052,713

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$151.9M
Ln 12
Fees for servicesLn 2g$109.6M
Gifts and grantsLn 1h$23.4M
Investment incomeLn 3$13.6M
Money outPt IX
$149.3M
Ln 25
Programscol B$129.8M
Managementcol C$17.4M
Fundraisingcol D$2.1M
Owns and owesPt X
$314.4M
net assets · Ln 32
Cash and savingsLn 1–2$11.6M
Total assetsLn 16$362.5M
LiabilitiesLn 26$48.2M
PeoplePt VI, VII
59
listed · VII A
PaidVII A12
Voting boardVI 1a47
IndependentVI 1b47
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$23.4M
Government grantsLn 1e$3.9M
Noncash giftsLn 1g$622K
Fees for servicesLn 2g$109.6M
Investment incomeLn 3$13.6M
Other incomeLn 4–11$5.4M
Gains on assetsLn 7$11.6M
Total revenueLn 12$151.9M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$9.9M
Cash and savings togetherLn 1–2$11.6M
InvestmentsLn 11–13$162.4M
Land, buildings, equipmentLn 10c$155.4M
Other assetsLn 15$15.9M
Total assetsLn 16$362.5M
LiabilitiesLn 26$48.2M
Net assetsLn 32$314.4M
OperationsPt I, VI
EmployeesI 52,416
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$18.4M$11.6M
InvestmentsLn 11–13$178.1M$162.4M
Land, buildings, equipmentLn 10c$134.8M$155.4M
Total assetsLn 16$364.2M$362.5M
LiabilitiesLn 26$42.7M$48.2M
Net assetsLn 32$321.5M$314.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$48.1M$48.1M
Pay of current officers, directors and key staffLn 5$1.9M$222K$1.4M$254K
Other salaries and wagesLn 7$47.5M$39.6M$7.0M$932K
Pension plan contributionsLn 8$2.5M$2.0M$490K$77K
Other employee benefitsLn 9$9.9M$7.9M$1.7M$261K
Payroll taxesLn 10$3.5M$2.8M$687K$107K
Legal feesLn 11b$234K$234K
Accounting feesLn 11c$155K$155K
Professional fundraising feesLn 11e$140K$140K
Investment management feesLn 11f$205K$205K
Other fees for servicesLn 11g$281K$176K$104K
Advertising and promotionLn 12$546K$49K$497K
Office expensesLn 13$2.8M$1.8M$985K$59K
Information technologyLn 14$2.9M$1.8M$956K$94K
RoyaltiesLn 15$14K$14K
OccupancyLn 16$7.2M$7.2M
TravelLn 17$1.4M$968K$341K$61K
Conferences, conventions and meetingsLn 19$331K$318K$11K$2K
InterestLn 20$961K$961K
Depreciation, depletion and amortizationLn 22$10.0M$9.6M$437K$19K
InsuranceLn 23$606K$240K$366K
Other expenses (24a–d)Ln 24$8.2M$3.8M$4.3M$75K
Total functional expensesLn 25$149.3M$129.8M$17.4M$2.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $164.7M$168.1M−$3.4M$306.5M 990 PDF
FY2024 $162.9M$170.9M−$8.0M$299.0M 990 PDF
FY2023 $147.0M$163.2M−$16.3M$307.1M 990 PDF
FY2022 $146.0M$156.9M−$10.9M$317.2M 990 PDF
FY2021 $147.8M$146.0M$1.9M$356.8M 990 PDF
FY2020 Viewing $151.9M$149.3M$2.6M$314.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $151,897,544 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $12,860,414$23,360,018
I-9 Program service revenuePrior year $115,748,665$109,619,827
I-10 Investment incomePrior year $7,420,793$13,558,190
I-11 Other revenuePrior year $6,430,224$5,359,509
I-12 Total revenuePrior year $142,460,096$151,897,544
I-13 Grants and similar amounts paidPrior year $47,071,332$48,052,713
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $66,878,310$65,355,755
I-16a Professional fundraising feesPrior year $145,105$140,393
I-17 Other expensesPrior year $31,780,931$35,722,862
I-18 Total expensesPrior year $145,875,678$149,271,723
I-19 Revenue less expensesPrior year −$3,415,582$2,625,821
Part VI · Governance 47 of 47 board members independent, 1 to look at
VI-1a Voting members of the governing body47
VI-1b Independent voting members47
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $151,897,544 across 10 lines filed
Lines not itemized here account for $4,843,331 of total revenue; see the IRS return.
VIII-1e Government grants$3,866,428
VIII-1f All other contributions, gifts and grants$19,493,590
VIII-1g Noncash contributions (included above)$622,443
VIII-1h Total contributions, gifts and grants$23,360,018
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $109,619,827$109,619,827
VIII-3 Investment incomeUnrelated business $40,889 · Excluded from tax $1,952,842$1,993,731
VIII-6 Net rental income or lossExcluded from tax $77,032$77,032
VIII-7 Net gain or loss on sales of assetsExcluded from tax $11,564,459$11,564,459
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $71,065 · Excluded from tax $368,081$439,146
VIII-12 Total revenueRelated to mission $109,619,827 · Unrelated business $111,954 · Excluded from tax $18,805,745$151,897,544
Part IX · Statement of functional expenses $149,271,723 across 22 lines filed
IX-2 Grants to domestic individualsPrograms $48,052,713$48,052,713
IX-5 Pay of current officers, directors and key staffPrograms $222,440 · Management $1,389,262 · Fundraising $253,761$1,865,463
IX-7 Other salaries and wagesPrograms $39,630,590 · Management $6,985,747 · Fundraising $932,370$47,548,707
IX-8 Pension plan contributionsPrograms $1,966,492 · Management $490,433 · Fundraising $76,518$2,533,443
IX-9 Other employee benefitsPrograms $7,902,592 · Management $1,697,479 · Fundraising $260,680$9,860,751
IX-10 Payroll taxesPrograms $2,753,532 · Management $686,717 · Fundraising $107,142$3,547,391
IX-11b Legal feesManagement $233,569$233,569
IX-11c Accounting feesManagement $155,000$155,000
IX-11e Professional fundraising feesFundraising $140,393$140,393
IX-11f Investment management feesManagement $204,588$204,588
IX-11g Other fees for servicesPrograms $176,235 · Management $104,303$280,538
IX-12 Advertising and promotionPrograms $48,966 · Management $496,569$545,535
IX-13 Office expensesPrograms $1,753,498 · Management $985,482 · Fundraising $59,278$2,798,258
IX-14 Information technologyPrograms $1,812,445 · Management $955,674 · Fundraising $93,870$2,861,989
IX-15 RoyaltiesPrograms $14,041$14,041
IX-16 OccupancyManagement $7,156,793$7,156,793
IX-17 TravelPrograms $968,239 · Management $340,959 · Fundraising $61,137$1,370,335
IX-19 Conferences, conventions and meetingsPrograms $318,255 · Management $10,539 · Fundraising $1,945$330,739
IX-20 InterestManagement $961,178$961,178
IX-22 Depreciation, depletion and amortizationPrograms $9,583,224 · Management $437,138 · Fundraising $19,468$10,039,830
IX-23 InsurancePrograms $239,865 · Management $365,696$605,561
IX-24 Other expenses (24a–d)Programs $3,781,874 · Management $4,307,713 · Fundraising $75,321$8,164,908
IX-25 Total functional expensesPrograms $129,789,335 · Management $17,353,615 · Fundraising $2,128,773$149,271,723
Part X · Balance sheet $362,531,301 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $6,221,734$1,682,103
X-2 Savings and temporary cash investmentsStart of year $12,159,347$9,916,556
X-3 Pledges and grants receivableStart of year $5,402,503$10,743,586
X-4 Accounts receivableStart of year $4,799,739$4,069,739
X-8 Inventories for sale or useStart of year $1,826,443$1,540,965
X-9 Prepaid expenses and deferred chargesStart of year $5,187,843$870,479
X-10c Land, buildings and equipment, netStart of year $134,796,497$155,401,384
X-11 Publicly traded securitiesStart of year $153,938,605$152,552,594
X-12 Other securitiesStart of year $6,258,095$6,841,749
X-13 Program-related investmentsStart of year $17,878,774$3,008,669
X-15 Other assetsStart of year $15,723,547$15,903,477
X-16 Total assetsStart of year $364,193,127$362,531,301
X-17 Accounts payable and accrued expensesStart of year $7,766,367$6,392,148
X-19 Deferred revenueStart of year $2,493,038$7,970,164
X-20 Tax-exempt bond liabilitiesStart of year $11,135,000$10,080,000
X-24 Unsecured notes and loans payableStart of year $13,313,267$12,759,187
X-25 Other liabilitiesStart of year $8,033,398$10,960,175
X-26 Total liabilitiesStart of year $42,741,070$48,161,674
X-27 Net assets without donor restrictionsStart of year $118,272,318$100,184,805
X-28 Net assets with donor restrictionsStart of year $203,179,739$214,184,822
X-32 Total net assets or fund balancesStart of year $321,452,057$314,369,627
X-33 Total liabilities and net assetsStart of year $364,193,127$362,531,301
Part XI · Reconciliation of net assets $314,369,627 net assets at year end
XI-1 Total revenue$151,897,544
XI-2 Total expenses$149,271,723
XI-3 Revenue less expenses$2,625,821
XI-4 Net assets at start of year$321,452,057
XI-5 Net unrealized gains (losses) on investments−$7,185,784
XI-9 Other changes in net assets−$2,522,467
XI-10 Net assets at end of year$314,369,627

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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