Status and standing
Is it real, and can you give to it?
Where the money goes
What each dollar paid for.
Statement of Functional Expenses
Financial health
Is it on solid ground?
Summary of the Filing
| FY2020 | $195.7M |
|---|---|
| FY2021 | $228.0M |
| FY2022 | $210.0M |
| FY2023 | $245.4M |
| FY2024 | $254.2M |
| FY2025 | $251.2M |
| FY2020 | $25.7M |
|---|---|
| FY2021 | $25.0M |
| FY2022 | $23.4M |
| FY2023 | $38.5M |
| FY2024 | $51.5M |
| FY2025 | $52.7M |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 91% | — | — |
| Overhead ratio | 8% | — | — |
| Fundraising cost ratio | 18% | — | — |
| Revenue growth | 7% | — | — |
| Investment management fee ratio | 0.2% | — | — |
| Legal fee ratio | 0.07% | — | — |
| Accounting fee ratio | 0.2% | — | — |
| Fundraising fee ratio | 0.2% | — | — |
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.
Leadership and pay
Who runs it, and what are they paid?
Officers, Directors & Key Employees
Roger Hughes PHD’s $326K as President is at the 70th 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Roger Hughes PHD | $326,077 | $313,320 | $284,283 | $197,598 | — | — |
| Jacque Carter PHD | — | — | — | $309,844 | $287,420 | $292,798 |
| Linda Scholting CPA | $220,850 | — | — | — | — | — |
| Linda Scholtling CPA | — | $211,191 | — | — | — | — |
| Linda Scholting | — | — | $205,362 | $75,778 | — | — |
| Julie Schmidt | — | — | — | — | $203,210 | $202,973 |
| Lorie Cook-Benjamin | $174,420 | $170,484 | $161,176 | $140,529 | — | — |
| Paul Savory PHD | — | — | — | — | $173,400 | $173,117 |
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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Governance & Policies
- 36Voting board membersPt VI · Ln 1a
- 36Independent board membersPt VI · Ln 1b
- Conflict-of-interest policyPt VI · Ln 12aYes
- Whistleblower policyPt VI · Ln 13Yes
- Document retention policyPt VI · Ln 14Yes
- Top official’s pay independently reviewedPt VI · Ln 15aYes
- Family or business ties among leadersPt VI · Ln 2No
Mission and programs
What it does.
Provides distinctive liberal arts educational experiences and residential campus services to prepare students for careers, ethical leadership, and service in a global community.
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Where the work happens
Instructional Services
Doane university provides instructional services through undergraduate, pre-professional, graduate and advanced degrees through its college of arts and sciences, college of business, college of education, online learning academy & online classes offered through the online acadeum platform.
Student Services
Includes admissions, registrar, student health, counseling, financial aid, career development, athletics and recreation, and student leadership. In the 2024-25 academic year, the university served 906 undergraduate, residential students, with 71.3% (646) participating in athletics.
Auxiliary Enterprises
The university residence halls, dining hall, campus activity center, and bookstore are the primary auxiliary enterprises serving the residential campus. Five residence halls provide housing for approximately 732 crete campus students.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
Every return on file.
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2025 Latest Viewing | $67.4M | $80.2M | +7% | 990 PDF |
| FY2024 | $63.1M | $75.4M | -27% | 990 PDF |
| FY2023 | $86.2M | $70.4M | +37% | 990 PDF |
| FY2022 | $62.9M | $70.3M | -6% | 990 PDF |
| FY2021 | $66.5M | $66.6M | -19% | 990 PDF |
| FY2020 | $82.5M | $66.1M | 990 PDF |
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Schedules filed Part IV
Full filing: Form 990 for FY2025
Part IX · Statement of functional expenses $80,241,313 across 22 lines filed
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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