Seattle University FY2020 filing

Tax-deductible

Seattle, WA501(c)(3)Since 1891EIN 91-0565006Revenue $370.9M in FY2020

On file with the IRSseattleu.edu901 12th Ave - Payroll Office, 98122-4411 · Seattle, WATax-exempt since Oct 1992School — 170(b)(1)(A)(ii)

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Seattle University is dedicated to educating the whole person, to professional formation, and to empowering leaders for a just and humane world.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$7.0M 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $36.0M a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 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
$7.0M
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
6 mo
of spending, in cash
Looks good: 5.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $68K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$202.3M
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
34
of 38 voting members
Looks good: 34 of 38 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$370.9M
Spent
$333.2M
To programs
87%
Net assets
$589.9M
By yearFY2020–FY2024
Revenue
$370.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$370.9M
FY2021$388.5M
FY2022$384.6M
FY2023$349.9M
FY2024$455.1M
FY2024$520.5M
Expenses
$333.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$333.2M
FY2021$311.9M
FY2022$351.3M
FY2023$372.6M
FY2024$400.3M
FY2024$417.5M
Net assets
$589.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$589.9M
FY2021$712.9M
FY2022$689.3M
FY2023$693.5M
FY2024$766.0M
FY2024$892.1M

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 (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1992.

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% · $288.8M Management & general 12% · $39.9M Fundraising 1% · $4.5M

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

66 people listed on the 990; $7.0M 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
Trustee (ex Officio), President
$467,208Pt VII · Sec A
$385,512Pt VII · Sec A
Dean, School of Law
$325,824Pt VII · Sec A
Professor, Law
$318,700Pt VII · Sec A
Coach-Hd, Bball-M
$289,915Pt VII · Sec A
Dean, Albers School of Business & Economics
$287,390Pt VII · Sec A
VP for University Advancement
$279,534Pt VII · Sec A
Executive VP
$272,664Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Eduardo Penalver$822,488$781,288$769,420$438,900——
Shane Martin$479,075$453,163$441,714$409,898$398,393$385,512
Stephen V Sundborg Sj———$472,976$437,503$467,208
Anthony Varona$371,431$358,344$208,794———
Charles O'Kelley$340,347$334,890$355,453$322,436$319,610$318,700
Christopher Malins$353,356$127,735————
Annette Clark——$352,564$329,352$310,167$325,824
Joseph Phillips$329,374$310,265$288,160———

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

Provides Jesuit, Catholic higher education to undergraduate and graduate students, focusing on academic rigor, professional formation, and empowering leaders for a just world.

Provided by the organization

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1 program · $288.8M · in their own filed words · FY2019
01

Founded in 1891, Seattle University is a Jesuit Catholic university located on a beautiful campus of more than 50 acres in the dynamic heart of Seattle. Our diverse and inclusive campus is comprised of more than 7,200 students enrolled in undergraduate and graduate programs within eight schools and colleges.

$288.8Mprogram 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 5 funders$68K
See all 5 funders →
Grants paid · 8 grants · $215.9M · 2019–2020
Unitemized GrantFY2020$99,128,353
Unitemized GrantFY2020$3,332,359
Unitemized GrantFY2020$2,920,682
Unitemized GrantFY2020$2,803,076
Unitemized GrantFY2019$99,177,450
Unitemized GrantFY2019$3,065,194
Unitemized GrantFY2019$2,845,523
Unitemized GrantFY2019$2,593,948

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$370.9M
Ln 12
Fees for servicesLn 2g$302.1M
Gifts and grantsLn 1h$43.7M
Investment incomeLn 3$25.1M
Money outPt IX
$333.2M
Ln 25
Programscol B$288.8M
Managementcol C$39.9M
Fundraisingcol D$4.5M
Owns and owesPt X
$589.9M
net assets · Ln 32
Cash and savingsLn 1–2$156.2M
Total assetsLn 16$792.2M
LiabilitiesLn 26$202.3M
PeoplePt VI, VII
66
listed · VII A
PaidVII A33
Voting boardVI 1a38
IndependentVI 1b34
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$43.7M
Government grantsLn 1e$10.6M
Noncash giftsLn 1g$8.2M
Fundraising eventsLn 1c$178K
Fees for servicesLn 2g$302.1M
Investment incomeLn 3$25.1M
Gains on assetsLn 7$21.6M
Total revenueLn 12$370.9M
Assets in detailPt X, end of year
CashLn 1$35.4M
SavingsLn 2$120.7M
Cash and savings togetherLn 1–2$156.2M
InvestmentsLn 11–13$187.3M
Land, buildings, equipmentLn 10c$312.1M
Other assetsLn 15$97.4M
Total assetsLn 16$792.2M
LiabilitiesLn 26$202.3M
Net assetsLn 32$589.9M
OperationsPt I, VI
EmployeesI 54,121
VolunteersI 649
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$116.9M$156.2M
InvestmentsLn 11–13$238.6M$187.3M
Land, buildings, equipmentLn 10c$313.2M$312.1M
Total assetsLn 16$758.5M$792.2M
LiabilitiesLn 26$187.0M$202.3M
Net assetsLn 32$571.5M$589.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$107.7M$107.7M
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$7.0M$3.5M$3.5M$0
Pay of disqualified personsLn 6$206K$206K$0$0
Other salaries and wagesLn 7$114.7M$97.0M$15.0M$2.7M
Pension plan contributionsLn 8$10.1M$8.3M$1.5M$230K
Other employee benefitsLn 9$17.9M$14.8M$2.7M$410K
Payroll taxesLn 10$8.6M$7.1M$1.3M$197K
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$219K$0$219K$0
Accounting feesLn 11c$303K$14K$289K$357
Lobbying feesLn 11d$15K$0$15K$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$661K$0$661K$0
Other fees for servicesLn 11g$3.9M$2.6M$919K$394K
Advertising and promotionLn 12$2.0M$1.8M$131K$127K
Office expensesLn 13$2.7M$1.6M$854K$181K
Information technologyLn 14$5.4M$3.8M$1.5M$52K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$6.8M$6.0M$875K$2K
TravelLn 17$3.2M$3.1M$150K$20K
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$2.3M$1.8M$349K$86K
InterestLn 20$4.2M$3.1M$1.1M$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$17.3M$12.6M$4.7M$0
InsuranceLn 23$2.1M$307K$1.8M$0
Other expenses (24a–d)Ln 24$11.2M$9.6M$1.5M$87K
All other expensesLn 24e$4.7M$3.9M$668K$38K
Total functional expensesLn 25$333.2M$288.8M$39.9M$4.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $455.1M$400.3M$54.8M$766.0M 990 PDF
FY2023 $349.9M$372.6M−$22.7M$693.5M 990 PDF
FY2022 $384.6M$351.3M$33.3M$689.3M 990 PDF
FY2021 $388.5M$311.9M$76.6M$712.9M 990 PDF
FY2020 Viewing $370.9M$333.2M$37.7M$589.9M 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 $370,909,912 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $43,977,591$43,742,192
I-9 Program service revenuePrior year $299,299,087$302,129,898
I-10 Investment incomePrior year $10,870,062$25,098,348
I-11 Other revenuePrior year −$456,940−$60,526
I-12 Total revenuePrior year $353,689,800$370,909,912
I-13 Grants and similar amounts paidPrior year $97,798,854$107,682,115
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $155,779,457$158,500,703
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $74,583,488$67,014,022
I-18 Total expensesPrior year $328,161,799$333,196,840
I-19 Revenue less expensesPrior year $25,528,001$37,713,072
Part VI · Governance 34 of 38 board members independent, 1 to look at
VI-1a Voting members of the governing body38
VI-1b Independent voting members34
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 $370,909,912 across 15 lines filed
Lines not itemized here account for $7,478,151 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$177,688
VIII-1d Related organizations$0
VIII-1e Government grants$10,565,438
VIII-1f All other contributions, gifts and grants$32,999,066
VIII-1g Noncash contributions (included above)$8,161,829
VIII-1h Total contributions, gifts and grants$43,742,192
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $294,651,747 · Unrelated business $0 · Excluded from tax $0$294,651,747
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,456,348$3,456,348
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $21,642,000$21,642,000
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$60,526−$60,526
VIII-12 Total revenueRelated to mission $302,129,898 · Unrelated business $0 · Excluded from tax $25,037,822$370,909,912
Part IX · Statement of functional expenses $333,196,840 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $107,682,115$107,682,115
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $3,451,077 · Management $3,522,753 · Fundraising $0$6,973,830
IX-6 Pay of disqualified personsPrograms $206,478 · Management $0 · Fundraising $0$206,478
IX-7 Other salaries and wagesPrograms $97,020,392 · Management $14,958,496 · Fundraising $2,679,870$114,658,758
IX-8 Pension plan contributionsPrograms $8,308,043 · Management $1,539,517 · Fundraising $230,251$10,077,811
IX-9 Other employee benefitsPrograms $14,794,885 · Management $2,741,706 · Fundraising $410,029$17,946,620
IX-10 Payroll taxesPrograms $7,120,098 · Management $1,319,780 · Fundraising $197,328$8,637,206
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $219,400 · Fundraising $0$219,400
IX-11c Accounting feesPrograms $13,999 · Management $288,783 · Fundraising $357$303,139
IX-11d Lobbying feesPrograms $0 · Management $15,125 · Fundraising $0$15,125
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $661,341 · Fundraising $0$661,341
IX-11g Other fees for servicesPrograms $2,607,977 · Management $918,573 · Fundraising $393,559$3,920,109
IX-12 Advertising and promotionPrograms $1,750,902 · Management $130,683 · Fundraising $127,020$2,008,605
IX-13 Office expensesPrograms $1,646,118 · Management $854,475 · Fundraising $180,922$2,681,515
IX-14 Information technologyPrograms $3,837,798 · Management $1,538,666 · Fundraising $51,944$5,428,408
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $5,953,353 · Management $874,824 · Fundraising $1,651$6,829,828
IX-17 TravelPrograms $3,074,884 · Management $150,406 · Fundraising $20,311$3,245,601
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $1,829,603 · Management $348,943 · Fundraising $85,962$2,264,508
IX-20 InterestPrograms $3,129,528 · Management $1,067,221 · Fundraising $0$4,196,749
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $12,569,647 · Management $4,742,236 · Fundraising $0$17,311,883
IX-23 InsurancePrograms $306,504 · Management $1,809,525 · Fundraising $0$2,116,029
IX-24 Other expenses (24a–d)Programs $9,571,608 · Management $1,501,412 · Fundraising $86,549$11,159,569
IX-24e All other expensesPrograms $3,947,046 · Management $667,560 · Fundraising $37,607$4,652,213
IX-25 Total functional expensesPrograms $288,822,055 · Management $39,871,425 · Fundraising $4,503,360$333,196,840
Part X · Balance sheet $792,238,831 assets, 24 lines filed
Asset lines not itemized here account for $4,886,756; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $44,077,440$35,442,101
X-2 Savings and temporary cash investmentsStart of year $72,863,310$120,709,894
X-3 Pledges and grants receivableStart of year $19,842,272$9,390,316
X-4 Accounts receivableStart of year $11,879,260$23,132,100
X-8 Inventories for sale or useStart of year $37,451$37,451
X-9 Prepaid expenses and deferred chargesStart of year $2,243,940$1,886,777
X-10c Land, buildings and equipment, netStart of year $313,176,020$312,085,125
X-11 Publicly traded securitiesStart of year $73,381,872$63,616,726
X-12 Other securitiesStart of year $165,255,303$123,695,792
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $49,782,591$97,355,793
X-16 Total assetsStart of year $758,485,233$792,238,831
X-17 Accounts payable and accrued expensesStart of year $22,998,577$33,715,559
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $9,149,907$22,110,501
X-20 Tax-exempt bond liabilitiesStart of year $118,102,508$113,769,782
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $34,407,562$31,682,635
X-26 Total liabilitiesStart of year $186,968,423$202,290,992
X-27 Net assets without donor restrictionsStart of year $296,023,328$301,090,165
X-28 Net assets with donor restrictionsStart of year $275,493,482$288,857,674
X-32 Total net assets or fund balancesStart of year $571,516,810$589,947,839
X-33 Total liabilities and net assetsStart of year $758,485,233$792,238,831
Part XI · Reconciliation of net assets $589,947,839 net assets at year end
XI-1 Total revenue$370,909,912
XI-2 Total expenses$333,196,840
XI-3 Revenue less expenses$37,713,072
XI-4 Net assets at start of year$571,516,810
XI-5 Net unrealized gains (losses) on investments−$19,282,043
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$589,947,839

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

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