MONMOUTH UNIVERSITY INC Charity Report

Public IRS 990 nonprofit record

MONMOUTH UNIVERSITY INC

EIN 21-0634584 · Education (B430)

What they do

SEE SCHEDULE OMONMOUTH UNIVERSITY is A COMPREHENSIVE INSTITUTION of HIGHER EDUCATION COMMITTED to EXCELLENCE and INTEGRITY IN TEACHING, SCHOLARSHIP and SERVICE. THROUGH ITS OFFERINGS IN LIBERAL ARTS, SCIENCES, and PROFESSIONAL PROGRAMS, MONMOUTH UNIVERSITY EDUCATES and PREPARES STUDENTS to REALIZE THEIR POTENTIAL AS LEADERS and to BECOME ENGAGED CITIZENS IN A DIVERSE and INCREASINGLY INTERDEPENDENT WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders53 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.81%of revenue went to mission work84.0% of expenses · Program services

1.03%of revenue went to fundraising1.1% of expenses

$97.35spent for every $100 of revenueRevenue covered expenses this year.

14.52%of revenue went to management and office costs14.9% of expenses

$1.84in assets for every $1 spent this yearSome assets cannot be spent right away.

7.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,155,725 for PATRICK F LEAHY (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$277,354,524

Mission workProgram services$226,906,96881.81% of revenue84.0% of expenses

ManagementOffice and general costs$40,264,13314.52% of revenue14.9% of expenses

FundraisingAsking for donations$2,846,9191.03% of revenue1.1% of expenses

Revenue left after expensesReported annual surplus$7,336,5042.65% of revenueShown in gray on the chart

Total expenses$270,018,02097.35% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.0% mission · 14.9% management · 1.1% fundraisingTotal expenses: 97.35% of revenue

2023Expense mix: 84.9% mission · 14.1% management · 1.0% fundraisingTotal expenses: 93.51% of revenue

2022Expense mix: 84.0% mission · 14.8% management · 1.2% fundraisingTotal expenses: 95.23% of revenue

2021Expense mix: 84.0% mission · 14.8% management · 1.2% fundraisingTotal expenses: 99.40% of revenue

2020Expense mix: 84.2% mission · 14.6% management · 1.2% fundraisingTotal expenses: 100.15% of revenue

2019Expense mix: 84.2% mission · 14.6% management · 1.2% fundraisingTotal expenses: 99.33% of revenue

2018Expense mix: 83.8% mission · 15.1% management · 1.2% fundraisingTotal expenses: 96.92% of revenue

2017Expense mix: 83.5% mission · 15.1% management · 1.4% fundraisingTotal expenses: 94.09% of revenue

Money in and money out

Revenue$277,354,524

Expenses$270,018,020

Annual surplus $7,336,504 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$226,906,968 · 84.0% of expenses

Management and office costs$40,264,133 · 14.9% of expenses

Fundraising$2,846,919 · 1.1% of expenses

See all reported dollar amounts

Revenue$277,354,524

Expenses$270,018,020

Assets$496,046,372

Income$424,142,314

Contributions$21,690,680

Mission work (program services)$226,906,968

Fundraising$2,846,919

Grants given$2,772,077

Average grant$86,627

Management and general$40,264,133

Stocks and bonds$65,350,783

Accounting fees$294,795

Investing fees$1,867,205

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PATRICK F LEAHYPRESIDENT · 63 hrs/week $1,155,725Base $943,171 · Other $212,554

KING D RICEHEAD MENS BASKETBALL COACH · 40 hrs/week $703,137Base $629,809 · Other $73,328

RICHARD F VEIT JR - PROVOST& SENIOR VP FOR ACADEMIC AFFAIRS · 55 hrs/week $385,900Base $315,052 · Other $70,848

PRAKASAM R DEVASAGAYAMDEAN OF BUSINESS SCHOOL · 50 hrs/week $372,581Base $302,851 · Other $69,730

CHARLENE K DIANAVP AND GENERAL COUNSEL · 55 hrs/week $359,779Base $299,558 · Other $60,221

ROBERT MCCAIGVP ENROLLMENT MANAGEMENT & MARKETING · 55 hrs/week $349,839Base $279,453 · Other $70,386

AMANDA M KLAUSVP UNIVERSITY ADVANCEMENT · 55 hrs/week $338,107Base $285,994 · Other $52,113

KEVIN J CALLAHANHEAD FOOTBALL COACH · 40 hrs/week $330,600Base $275,735 · Other $54,865

JENNIFER SANSEVERODIRECTOR OF ATHLETICS · 55 hrs/week $324,349Base $270,654 · Other $53,695

PATRICK MURRAYDIRECTOR POLLING INSTITUTE · 40 hrs/week $315,455Base $255,768 · Other $59,687

EDWARD CHRISTENSENASSOCIATE PROFESSOR · 40 hrs/week $313,260Base $253,935 · Other $59,325

ANTHONY MACDONALDDIRECTOR URBAN COAST INSTITUTE · 40 hrs/week $299,250Base $261,067 · Other $38,183

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (53)

PATRICK F LEAHYPRESIDENT

KING D RICEHEAD MENS BASKETBALL COACH

RICHARD F VEIT JR - PROVOST& SENIOR VP FOR ACADEMIC AFFAIRS

PRAKASAM R DEVASAGAYAMDEAN OF BUSINESS SCHOOL

CHARLENE K DIANAVP AND GENERAL COUNSEL

ROBERT MCCAIGVP ENROLLMENT MANAGEMENT & MARKETING

AMANDA M KLAUSVP UNIVERSITY ADVANCEMENT

KEVIN J CALLAHANHEAD FOOTBALL COACH

JENNIFER SANSEVERODIRECTOR OF ATHLETICS

PATRICK MURRAYDIRECTOR POLLING INSTITUTE

EDWARD CHRISTENSENASSOCIATE PROFESSOR

ANTHONY MACDONALDDIRECTOR URBAN COAST INSTITUTE

DAVID GOLLAND - DEAN OFSCH. OF HUMANITIES & SOCIAL SCIENCES

SUSAN GUPTAASSOCIATE PROVOST

REKHA DATTAPROFESSOR

JAMES PILLARVP FOR STUDENT LIFE

JOHN SONN - ASSOCIATE VP& CHIEF INFORMATION OFFICER

TIMOTHY ORR - EXEC DIRCAMPUS PLANNING / FACILITIES

JOSEPH PINGITOREASSOCIATE VP FINANCE AND BUDGETS

MARY BYRNEASSOCIATE VP AND CONTROLLER

ROBYN SALVO - ASSOCIATEVP HUMAN RESOURCES (THRU 10/2024)

KATHLEEN STEINASSOCIATE VP HUMAN RESOURCES

RAYMOND G KLOSETRUSTEE

MILES AUSTIN IIITRUSTEE

WILLIAM B ROBERTSLIFE TRUSTEE

NANCY A LEIDERSDORFFTRUSTEE

ROCIO F SEREYTRUSTEE

STEPHEN E GERARDTRUSTEE AND TREASURER

TASHA ANN YOUNGBLOOD BROWNTRUSTEE AND VICE CHAIRMAN

TAVIT O NAJARIANTRUSTEE

THOMAS J MICHELLITRUSTEE

VALERIE MONTECALVOTRUSTEE

ALAINA L LOVETRUSTEE

JOHN A BROCKRIEDE JRTRUSTEE

BAYAAN A OLUYADITRUSTEE

CAROL A STILLWELLTRUSTEE

CHRISTOPHER D MAHERTRUSTEE AND CHAIRMAN

CHRISTOPHER W SHAWTRUSTEE

DAVID A REALETRUSTEE (AS OF 07/2024)

DEAN Q LINTRUSTEE AND SECRETARY

GEORGE KOLBERTRUSTEE

HAROLD L HODESLIFE TRUSTEE

JEREMY GRUNINTRUSTEE

MICHAEL V BENEDETTOTRUSTEE

JOHN C CONOVER IIITRUSTEE

KANESHA K JONESTRUSTEE

KARYN F CUSANELLITRUSTEE

LESLIE N HITCHNERTRUSTEE AND VICE CHAIRMAN

LISA MCKEANTRUSTEE

MARI C KOVACHTRUSTEE

MARIANNE HESSELIFE TRUSTEE

MARK SKESAVAGETRUSTEE

MARY VADEN EISENSTADTTRUSTEE

About this charity

Recognized since: January 1958
Location: 400 CEDAR AVENUE, WEST LONG BRANCH, NJ 077641898
County: Monmouth
In care of: ANDREW BRANNEN
Primary officer: ANDREW BRANNEN, CHIEF BUSINESS OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(732) 571-3407

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Education (B430)
Grant-giving organization: Yes