Pillar College INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $5,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Pillar College is an independent, faith-based 4 year institution of higher education.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
$272K 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
4 of 6
filings with a surplus
Average deficit $68K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$272K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $20K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$737K
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.6M
Spent
$10.7M
To programs
69%
Net assets
$1.8M
By yearFY2020–FY2025
Revenue
$11.6M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$11.6M
FY2021$11.3M
FY2022$12.0M
FY2023$11.5M
FY2024$13.4M
FY2025$14.5M
Expenses
$10.7M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$10.7M
FY2021$10.4M
FY2022$12.5M
FY2023$14.6M
FY2024$12.8M
FY2025$13.7M
Net assets
$1.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$2.7M
FY2022$2.2M
FY2023−$929K
FY2024−$319K
FY2025$521K

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

Give Claim
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 Sep 2014.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $7.3M Management & general 29% · $3.1M Fundraising 2% · $204K

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

Something off? Claim to add context

Who runs it and what they're paid

23 people listed on the 990; $272K 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
Ex-Officio/President
$117,191Pt VII · Sec A
VP of Bus. and Finance (part Year)
$83,803Pt VII · Sec A
Chief Operating Officer
$71,425Pt VII · Sec A
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Dr David Schroeder’s $183K as President is at the 30th percentile of top reported officer pay among 3683 $10–100M 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
Dr David Schroeder$182,557$92,266$44,819$81,757$109,055$117,191
Rupert Hayles JR—$105,505$171,518$122,444——
Rupert a Hayles JR————$110,728$71,425
Amy Huber—$107,117$107,275$109,882——
Cindy Weaver$100,722$75,896————
Giselle Llerena$83,971$82,615————
Julia Perez—————$83,803
Filipe Remelgado——$69,415———

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.

See Pillar College INC executive salaries →

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 faith-based higher education to students.

Questions for Pillar College INC

Tap to ask. Pillar College INC sees how many people are interested.

Your first name shows with your question. Pillar College INC answers here, for everyone.

1 program · $7.3M · in their own filed words · FY2019
01

Pillar College is the only accredited, private Christian College in New Jersey. Pillar College was founded in 1908 and established and chartered by the New Jersey Commission on Higher Education in 2001. We are located in Newark, Somerset and Paterson New Jersey, serving approximately 700 undergraduate and graduate students.

$7.3Mprogram 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 · FY2024
Total grants receivedfrom 3 funders$20K
See all 3 funders →
Grants paid · 9 grants · $15.7M · 2019–2024
Unitemized GrantFY2024$3,197,476
Unitemized GrantFY2023$3,717,261
Unitemized GrantFY2022$3,402,177
Unitemized GrantFY2021$1,426,509
Unitemized GrantFY2021$509,717
Unitemized GrantFY2020$1,401,027
Unitemized GrantFY2020$192,500
Unitemized GrantFY2019$1,525,291
Unitemized GrantFY2019$281,240

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $6.0M federal money spent
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$3.7M
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$2.3M
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$53K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$30K

The auditor reported 5 findings: a weakness in money controls, questioned costs.

Year ending Jun 2024 · $5.7M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$3.3M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$2.3M
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$52K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$44K

The auditor reported 4 findings: a material weakness in money controls, questioned costs.

Year ending Jun 2023 · $4.7M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$2.8M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$1.8M
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$58K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$42K

The auditor reported 11 findings: a material weakness in money controls, questioned costs.

Year ending Jun 2022 · $6.3M federal money spent
Covid-19 Education Stabilization Fund Heerf - Student Aid PortionDepartment of Education · ALN 84.425 · Direct$2.6M
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$2.4M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$1.2M
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$50K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$21K

The auditor reported 17 findings: a material weakness in money controls, questioned costs.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$11.6M
Ln 12
Fees for servicesLn 2g$9.7M
Gifts and grantsLn 1h$1.7M
Other incomeLn 4–11$207K
Money outPt IX
$10.7M
Ln 25
Programscol B$7.3M
Managementcol C$3.1M
Fundraisingcol D$204K
Owns and owesPt X
$1.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$2.6M
LiabilitiesLn 26$737K
PeoplePt VI, VII
23
listed · VII A
PaidVII A3
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Government grantsLn 1e$1.4M
Noncash giftsLn 1g$10K
Fees for servicesLn 2g$9.7M
Investment incomeLn 3$1K
Other incomeLn 4–11$207K
Gains on assetsLn 7$0
Total revenueLn 12$11.6M
Assets in detailPt X, end of year
CashLn 1$1.0M
Cash and savings togetherLn 1–2$1.0M
Accounts receivableLn 4$1.0M
Prepaid expenses and deferred chargesLn 9$138K
Land, buildings, equipmentLn 10c$210K
InvestmentsLn 11–13$112K
Other assetsLn 15$59K
Total assetsLn 16$2.6M
LiabilitiesLn 26$737K
Net assetsLn 32$1.8M
OperationsPt I, VI
EmployeesI 5171
VolunteersI 615
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$687K$1.0M
InvestmentsLn 11–13$111K$112K
Land, buildings, equipmentLn 10c$284K$210K
Total assetsLn 16$1.8M$2.6M
LiabilitiesLn 26$894K$737K
Net assetsLn 32$939K$1.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.8M$1.8M
Pay of current officers, directors and key staffLn 5$353K$253K$91K$9K
Pay of disqualified personsLn 6$182K$182K
Other salaries and wagesLn 7$4.2M$3.0M$1.1M$117K
Pension plan contributionsLn 8$37K$23K$12K$2K
Other employee benefitsLn 9$354K$236K$117K$1K
Payroll taxesLn 10$444K$324K$108K$13K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$202K$202K
Other fees for servicesLn 11g$512K$332K$169K$10K
Advertising and promotionLn 12$479K$490$479K
Office expensesLn 13$131K$24K$104K$4K
Information technologyLn 14$98K$68K$28K$2K
OccupancyLn 16$917K$661K$232K$24K
TravelLn 17$10K$5K$3K$2K
Conferences, conventions and meetingsLn 19$8K$1K$7K
InterestLn 20$6K$6K
Depreciation, depletion and amortizationLn 22$113K$81K$29K$3K
InsuranceLn 23$66K$48K$17K$2K
Other expenses (24a–d)Ln 24$371K$246K$118K$6K
All other expensesLn 24e$357K$48K$307K$3K
Total functional expensesLn 25$10.7M$7.3M$3.1M$204K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 7, 2026 $14.5M$13.7M$840K$521K 990 PDF
FY2024Filed with the IRS Nov 12, 2025 $13.4M$12.8M$599K−$319K 990 PDF
FY2023Filed with the IRS Apr 23, 2025 $11.5M$14.6M−$3.1M−$929K 990 PDF
FY2022Filed with the IRS Nov 15, 2024 $12.0M$12.5M−$498K$2.2M 990 PDF
FY2021Filed with the IRS Dec 15, 2023 $11.3M$10.4M$865K$2.7M 990 PDF
FY2020 ViewingFiled with the IRS May 17, 2021 $11.6M$10.7M$892K$1.8M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $11,593,625 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $343,078$1,698,429
I-9 Program service revenuePrior year $9,737,593$9,686,927
I-10 Investment incomePrior year $3,481$1,384
I-11 Other revenuePrior year $199,790$206,885
I-12 Total revenuePrior year $10,283,942$11,593,625
I-13 Grants and similar amounts paidPrior year $1,566,518$1,806,531
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,310,746$5,618,653
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,386,217$3,276,547
I-18 Total expensesPrior year $10,263,481$10,701,731
I-19 Revenue less expensesPrior year $20,461$891,894
Part VI · Governance 20 of 20 board members independent, 1 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
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 $11,593,625 across 9 lines filed
Lines not itemized here account for $47,441 of total revenue; see the IRS return.
VIII-1e Government grants$1,364,116
VIII-1f All other contributions, gifts and grants$334,313
VIII-1g Noncash contributions (included above)$10,259
VIII-1h Total contributions, gifts and grants$1,698,429
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,676,371$9,676,371
VIII-3 Investment incomeExcluded from tax $1,384$1,384
VIII-7 Net gain or loss on sales of assets$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $170,000$170,000
VIII-12 Total revenueRelated to mission $9,723,812 · Unrelated business $0 · Excluded from tax $171,384$11,593,625
Part IX · Statement of functional expenses $10,701,731 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $1,806,531$1,806,531
IX-5 Pay of current officers, directors and key staffPrograms $252,972 · Management $90,904 · Fundraising $8,892$352,768
IX-6 Pay of disqualified personsPrograms $182,237$182,237
IX-7 Other salaries and wagesPrograms $3,011,162 · Management $1,120,402 · Fundraising $116,693$4,248,257
IX-8 Pension plan contributionsPrograms $23,277 · Management $11,757 · Fundraising $2,285$37,319
IX-9 Other employee benefitsPrograms $235,598 · Management $117,001 · Fundraising $1,234$353,833
IX-10 Payroll taxesPrograms $323,924 · Management $107,801 · Fundraising $12,514$444,239
IX-11b Legal feesManagement $5,500$5,500
IX-11c Accounting feesManagement $202,081$202,081
IX-11g Other fees for servicesPrograms $332,266 · Management $169,336 · Fundraising $10,000$511,602
IX-12 Advertising and promotionPrograms $490 · Management $478,938$479,428
IX-13 Office expensesPrograms $24,209 · Management $103,710 · Fundraising $3,566$131,485
IX-14 Information technologyPrograms $68,086 · Management $27,919 · Fundraising $2,484$98,489
IX-16 OccupancyPrograms $660,522 · Management $232,189 · Fundraising $24,096$916,807
IX-17 TravelPrograms $5,204 · Management $3,213 · Fundraising $1,846$10,263
IX-19 Conferences, conventions and meetingsManagement $1,041 · Fundraising $7,142$8,183
IX-20 InterestManagement $5,770$5,770
IX-22 Depreciation, depletion and amortizationPrograms $81,227 · Management $28,553 · Fundraising $2,963$112,743
IX-23 InsurancePrograms $47,754 · Management $16,787 · Fundraising $1,742$66,283
IX-24 Other expenses (24a–d)Programs $246,468 · Management $117,964 · Fundraising $6,186$370,618
IX-24e All other expensesPrograms $47,559 · Management $307,229 · Fundraising $2,507$357,295
IX-25 Total functional expensesPrograms $7,349,486 · Management $3,148,095 · Fundraising $204,150$10,701,731
Part X · Balance sheet $2,566,944 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $686,871$1,025,432
X-4 Accounts receivableStart of year $628,796$1,022,936
X-9 Prepaid expenses and deferred chargesStart of year $105,165$138,296
X-10c Land, buildings and equipment, netStart of year $283,600$209,923
X-11 Publicly traded securitiesStart of year $110,813$111,748
X-15 Other assetsStart of year $17,775$58,609
X-16 Total assetsStart of year $1,833,020$2,566,944
X-17 Accounts payable and accrued expensesStart of year $660,329$439,162
X-19 Deferred revenueStart of year $228,826$295,981
X-23 Secured mortgages and notes payableStart of year $5,273$1,765
X-26 Total liabilitiesStart of year $894,428$736,908
X-27 Net assets without donor restrictionsStart of year $835,226$1,604,593
X-28 Net assets with donor restrictionsStart of year $103,366$225,443
X-32 Total net assets or fund balancesStart of year $938,592$1,830,036
X-33 Total liabilities and net assetsStart of year $1,833,020$2,566,944
Part XI · Reconciliation of net assets $1,830,036 net assets at year end
XI-1 Total revenue$11,593,625
XI-2 Total expenses$10,701,731
XI-3 Revenue less expenses$891,894
XI-4 Net assets at start of year$938,592
XI-5 Net unrealized gains (losses) on investments−$450
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,830,036

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.