To graduate students with exemplary academic and professional skills who are prepared for purposeful lives and meaningful service.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$3.4M 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

FY2021 · 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
5 of 6
filings with a surplus
Average surplus $15.8M a year · 6% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.4M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Plus $259.9M in investments, Pt X · Ln 11–13
Fine: 2.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $286K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$180.7M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 34 voting members
Looks good: 33 of 34 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$263.8M
+0.9% vs prior year
Spent
$231.2M
To programs
91%
Net assets
$498.0M
By yearFY2020–FY2025
Revenue
$263.8M
FY2021▲ +0.9%
Tap a bar for its year
Revenue by fiscal year
FY2020$261.5M
FY2021$263.8M
FY2022$259.3M
FY2023$229.2M
FY2024$231.3M
FY2025$258.3M
Expenses
$231.2M
FY2021▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$241.6M
FY2021$231.2M
FY2022$231.3M
FY2023$228.7M
FY2024$235.5M
FY2025$240.0M
Net assets
$498.0M
FY2021▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2020$421.6M
FY2021$498.0M
FY2022$479.7M
FY2023$478.2M
FY2024$503.0M
FY2025$526.5M

From the FY2021 Form 990 (year ending May 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 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 Dec 1939.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $210.7M Management & general 8% · $18.0M Fundraising 1% · $2.5M

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

58 people listed on the 990; $3.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$444,659Pt VII · Sec A
Assoc. Dean Clinical Integ.
$355,308Pt VII · Sec A
Dean, School of Law
$305,461Pt VII · Sec A
Assoc. Dean Clinical Affairs
$277,439Pt VII · Sec A
Vice Dean Academic Affairs
$268,232Pt VII · Sec A
Chair, Assoc. Prof. Psychology
$266,748Pt VII · Sec A
VP for Academic Affairs
$233,303Pt VII · Sec A
Executive VP, Board Secretary
$210,235Pt VII · Sec A

J Bradley Creed’s $559K as President is at the 47th 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
John Kauffman—————$589,653
J Bradley Creed$559,314$570,855$451,874$443,214$444,659$442,290
Brian Kessler—$441,946$439,627———
Brian a Kessler$441,845—————
John T Roberson$369,931—————
Kevin C McGeehan—————$363,299
James Powers—$305,186$288,605$319,697$355,308$312,809
James E Powers$321,970—————

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 Campbell University executive salaries →

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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

Provides comprehensive higher education and campus services to prepare students with academic and professional skills for purposeful lives and meaningful community service.

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Provided by the organization

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3 programs · $209.3M · in their own filed words · FY2020
01

Student education services including education administration and institutional support. The university served a total enrollment of 5,964 students based on fall 2020 ipeds reporting. The university offers undergraduate, graduate and professional degrees in arts and sciences, law, divinity, pharmacy, clinical research, education…

$127.0Mprogram expense
02

Student aid to qualified students

$74.2Mprogram expense
03

Auxiliary enterprises including student housing, food services, bookstore, and operation of keith hills golf course.

$8.1Mprogram 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 4 funders$286K
See all 4 funders →
Grants paid · 19 grants · $440.6M · 2019–2024
Unitemized GrantFY2024$63,898,493
Unitemized GrantFY2024$9,647,427
Unitemized GrantFY2024$1,104,390
Unitemized GrantFY2023$60,145,491
Unitemized GrantFY2023$13,052,988
Unitemized GrantFY2023$791,814
Unitemized GrantFY2022$60,505,529
Unitemized GrantFY2022$8,111,658
Unitemized GrantFY2022$749,736
Unitemized GrantFY2021$65,687,758
Unitemized GrantFY2021$5,813,774
Unitemized GrantFY2021$1,143,502
Unitemized GrantFY2020$65,981,325
Unitemized GrantFY2020$7,556,404
Unitemized GrantFY2020$665,848
Unitemized GrantFY2019$56,068,232
Unitemized GrantFY2019$10,913,213
Unitemized GrantFY2019$8,139,161
See all 19 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$263.8M
Ln 12
Fees for servicesLn 2g$215.3M
Gifts and grantsLn 1h$27.4M
Investment incomeLn 3$18.6M
Money outPt IX
$231.2M
Ln 25
Programscol B$210.7M
Managementcol C$18.0M
Fundraisingcol D$2.5M
Owns and owesPt X
$498.0M
net assets · Ln 32
Cash and savingsLn 1–2$55.6M
Total assetsLn 16$678.7M
LiabilitiesLn 26$180.7M
PeoplePt VI, VII
58
listed · VII A
PaidVII A15
Voting boardVI 1a34
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$27.4M
Government grantsLn 1e$11.8M
Noncash giftsLn 1g$3.1M
Fees for servicesLn 2g$215.3M
Investment incomeLn 3$18.6M
Other incomeLn 4–11$2.5M
Gains on assetsLn 7$14.5M
Total revenueLn 12$263.8M
Assets in detailPt X, end of year
CashLn 1$6K
SavingsLn 2$55.5M
Cash and savings togetherLn 1–2$55.6M
InvestmentsLn 11–13$259.9M
Land, buildings, equipmentLn 10c$336.0M
Other assetsLn 15$3.4M
Total assetsLn 16$678.7M
LiabilitiesLn 26$180.7M
Net assetsLn 32$498.0M
OperationsPt I, VI
EmployeesI 52,319
VolunteersI 649
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$45.5M$55.6M
InvestmentsLn 11–13$194.1M$259.9M
Land, buildings, equipmentLn 10c$343.5M$336.0M
Total assetsLn 16$612.9M$678.7M
LiabilitiesLn 26$191.3M$180.7M
Net assetsLn 32$421.6M$498.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$74.2M$74.2M
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$1.5M$1.2M$149K$214K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$69.1M$65.5M$2.3M$1.2M
Pension plan contributionsLn 8$1.9M$1.8M$68K$45K
Other employee benefitsLn 9$6.7M$6.3M$269K$154K
Payroll taxesLn 10$5.1M$4.8M$183K$105K
Management feesLn 11a$518K$518K
Legal feesLn 11b$658K$658K
Accounting feesLn 11c$380K$380K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$9.8M$9.7M$146K
Advertising and promotionLn 12$2.4M$1.9M$486K
Office expensesLn 13$314K$293K$14K$7K
Information technologyLn 14$5.7M$5.7M$578$22K
RoyaltiesLn 15$0
OccupancyLn 16$6.7M$6.5M$24K$136K
TravelLn 17$1.5M$1.5M$4K$13K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$76K$74K$488$2K
InterestLn 20$3.6M$3.3M$250K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$13.8M$6.7M$7.1M
InsuranceLn 23$2.0M$401K$1.6M$995
Other expenses (24a–d)Ln 24$23.6M$18.7M$4.9M$31K
All other expensesLn 24e$1.7M$1.6M$82K
Total functional expensesLn 25$231.2M$210.7M$18.0M$2.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $258.3M$240.0M$18.3M$526.5M 990 PDF
FY2024 $231.3M$235.5M−$4.3M$503.0M 990 PDF
FY2023 $229.2M$228.7M$576K$478.2M 990 PDF
FY2022 $259.3M$231.3M$28.0M$479.7M 990 PDF
FY2021 Viewing $263.8M$231.2M$32.6M$498.0M 990 PDF
FY2020 $261.5M$241.6M$19.9M$421.6M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $263,777,466 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $42,106,668$27,410,206
I-9 Program service revenuePrior year $208,995,860$215,269,960
I-10 Investment incomePrior year $5,779,165$18,576,882
I-11 Other revenuePrior year $4,579,624$2,520,418
I-12 Total revenuePrior year $261,461,317$263,777,466
I-13 Grants and similar amounts paidPrior year $75,751,980$74,203,577
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $90,804,244$84,307,387
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $75,013,939$72,713,387
I-18 Total expensesPrior year $241,570,163$231,224,351
I-19 Revenue less expensesPrior year $19,891,154$32,553,115
Part VI · Governance 33 of 34 board members independent, 2 to look at
VI-1a Voting members of the governing body34
VI-1b Independent voting members33
VI-2 Family or business relationship among officers or directorsYes
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $263,777,466 across 12 lines filed
Lines not itemized here account for $69,053 of total revenue; see the IRS return.
VIII-1e Government grants$11,815,816
VIII-1f All other contributions, gifts and grants$15,594,390
VIII-1g Noncash contributions (included above)$3,111,891
VIII-1h Total contributions, gifts and grants$27,410,206
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $215,269,960$215,269,960
VIII-3 Investment incomeExcluded from tax $4,033,535$4,033,535
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $41,305$41,305
VIII-7 Net gain or loss on sales of assetsExcluded from tax $14,543,347$14,543,347
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,862,048 · Unrelated business $473,752 · Excluded from tax $74,260$2,410,060
VIII-12 Total revenueRelated to mission $217,173,313 · Unrelated business $473,752 · Excluded from tax $18,720,195$263,777,466
Part IX · Statement of functional expenses $231,224,351 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individualsPrograms $74,203,577$74,203,577
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $1,164,992 · Management $148,807 · Fundraising $214,036$1,527,835
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $65,518,669 · Management $2,322,550 · Fundraising $1,241,756$69,082,975
IX-8 Pension plan contributionsPrograms $1,773,953 · Management $68,400 · Fundraising $44,574$1,886,927
IX-9 Other employee benefitsPrograms $6,316,848 · Management $268,579 · Fundraising $154,204$6,739,631
IX-10 Payroll taxesPrograms $4,781,962 · Management $182,739 · Fundraising $105,318$5,070,019
IX-11a Management feesPrograms $518,381$518,381
IX-11b Legal feesManagement $657,670$657,670
IX-11c Accounting feesManagement $379,551$379,551
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $9,701,751 · Management $146,184$9,847,935
IX-12 Advertising and promotionPrograms $1,946,710 · Fundraising $485,709$2,432,419
IX-13 Office expensesPrograms $293,095 · Management $14,390 · Fundraising $6,562$314,047
IX-14 Information technologyPrograms $5,650,059 · Management $578 · Fundraising $21,957$5,672,594
IX-15 Royalties$0
IX-16 OccupancyPrograms $6,492,365 · Management $24,018 · Fundraising $135,761$6,652,144
IX-17 TravelPrograms $1,477,518 · Management $4,066 · Fundraising $13,178$1,494,762
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $74,006 · Management $488 · Fundraising $1,842$76,336
IX-20 InterestPrograms $3,327,426 · Management $250,452$3,577,878
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $6,695,923 · Management $7,101,364$13,797,287
IX-23 InsurancePrograms $401,496 · Management $1,576,961 · Fundraising $995$1,979,452
IX-24 Other expenses (24a–d)Programs $18,735,770 · Management $4,879,814 · Fundraising $30,857$23,646,441
IX-24e All other expensesPrograms $1,584,244 · Fundraising $82,246$1,666,490
IX-25 Total functional expensesPrograms $210,658,745 · Management $18,026,611 · Fundraising $2,538,995$231,224,351
Part X · Balance sheet $678,742,436 assets, 24 lines filed
Asset lines not itemized here account for $6,934,840; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $7,239$6,234
X-2 Savings and temporary cash investmentsStart of year $45,467,346$55,544,503
X-3 Pledges and grants receivableStart of year $10,189,720$6,353,229
X-4 Accounts receivableStart of year $4,167,310$4,676,035
X-8 Inventories for sale or useStart of year $427,460$246,738
X-9 Prepaid expenses and deferred chargesStart of year $3,259,765$5,670,648
X-10c Land, buildings and equipment, netStart of year $343,462,390$335,958,762
X-11 Publicly traded securitiesStart of year $193,528,791$259,337,764
X-12 Other securitiesStart of year $568,674$568,674
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $3,512,897$3,445,009
X-16 Total assetsStart of year $612,904,970$678,742,436
X-17 Accounts payable and accrued expensesStart of year $7,312,057$8,006,865
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $8,180,187$7,171,992
X-20 Tax-exempt bond liabilitiesStart of year $58,161,676$53,701,076
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $25,269,791$84,057,946
X-26 Total liabilitiesStart of year $191,336,071$180,698,344
X-27 Net assets without donor restrictionsStart of year $231,912,182$258,569,625
X-28 Net assets with donor restrictionsStart of year $189,656,717$239,474,467
X-32 Total net assets or fund balancesStart of year $421,568,899$498,044,092
X-33 Total liabilities and net assetsStart of year $612,904,970$678,742,436
Part XI · Reconciliation of net assets $498,044,092 net assets at year end
XI-1 Total revenue$263,777,466
XI-2 Total expenses$231,224,351
XI-3 Revenue less expenses$32,553,115
XI-4 Net assets at start of year$421,568,899
XI-5 Net unrealized gains (losses) on investments$44,979,851
XI-9 Other changes in net assets−$1,057,773
XI-10 Net assets at end of year$498,044,092

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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