EDWARD WATERS UNIVERSITY INC Charity Report

Public IRS 990 nonprofit record

EDWARD WATERS UNIVERSITY INC

EIN 59-1146751 · Education (B42Z)

What they do

The University Strives to Prepare Students Holistically to Advance In A Global Society Through The Provision of Intellectually Stimulating Programs and An Environment Which Emphasizes High Moral and Spiritual Values In Keeping With The African Methodist Episcopal Church.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.70 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 leaders33 people are listed in the latest report.

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

Money made simple

74.28%of revenue went to mission work74.7% of expenses · Program services

1.09%of revenue went to fundraising1.1% of expenses

$99.48spent for every $100 of revenueRevenue covered expenses this year.

24.11%of revenue went to management and office costs24.2% of expenses

$1.66in assets for every $1 spent this yearSome assets cannot be spent right away.

30.5%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 $406,386 for DR ALDERMAN ZACHARY FAISON (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$37,833,715

Mission workProgram services$28,101,16274.28% of revenue74.7% of expenses

ManagementOffice and general costs$9,122,61424.11% of revenue24.2% of expenses

FundraisingAsking for donations$413,9801.09% of revenue1.1% of expenses

Revenue left after expensesReported annual surplus$195,9590.52% of revenueShown in gray on the chart

Total expenses$37,637,75699.48% 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: 74.7% mission · 24.2% management · 1.1% fundraisingTotal expenses: 99.48% of revenue

2023Expense mix: 73.5% mission · 25.4% management · 1.1% fundraisingTotal expenses: 97.22% of revenue

2022Expense mix: 79.7% mission · 19.7% management · 0.6% fundraisingTotal expenses: 96.29% of revenue

2021Expense mix: 87.4% mission · 12.0% management · 0.7% fundraisingTotal expenses: 92.96% of revenue

2020Expense mix: 85.3% mission · 13.8% management · 0.9% fundraisingTotal expenses: 74.67% of revenue

2019Expense mix: 81.7% mission · 17.2% management · 1.1% fundraisingTotal expenses: 86.82% of revenue

2018Expense mix: 81.0% mission · 17.9% management · 1.1% fundraisingTotal expenses: 97.35% of revenue

2017Expense mix: 81.6% mission · 17.5% management · 0.9% fundraisingTotal expenses: 96.38% of revenue

Money in and money out

Revenue$37,833,715

Expenses$37,637,756

Annual surplus $195,959 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)$28,101,162 · 74.7% of expenses

Management and office costs$9,122,614 · 24.2% of expenses

Fundraising$413,980 · 1.1% of expenses

See all reported dollar amounts

Revenue$37,833,715

Expenses$37,637,756

Assets$62,399,436

Income$37,833,715

Contributions$11,529,723

Mission work (program services)$28,101,162

Fundraising$413,980

Management and general$9,122,614

Stocks and bonds$5,364,726

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

DR ALDERMAN ZACHARY FAISONPRESIDENT · 40 hrs/week $406,386

DR GENYNE BOSTONPROVOST SENIOR VICE PRESIDENT FOR ACADEMIC AFFAIRS · 40 hrs/week $178,500

ERIKA ANCRUMVP CFO · 40 hrs/week $156,000

DR IVANA RICHVP AND DIRECTOR OF INTERCOLLEGIATE ATHLETICS · 40 hrs/week $125,627

DR JENNIFER PRICEVICE PRESIDENT FOR ENROLLMENT MANAGEMENT STRATEGIC · 40 hrs/week $123,000

DR JAMEL HODGESVICE PRESIDENT OF STUDENT SUCCESS AND ENGAGEMENT · 40 hrs/week $121,000

DR MICHAEL WESTVICE PRESIDENT FOR INSTITUTIONAL EFFECTIVENESS, OP · 40 hrs/week $118,627

DR VONNICE BOONESPECIAL ASSISTANT AND DIRECTOR · 40 hrs/week $50,000

LUZ RANDOLPHCHIEF OF STAFF AND ASST TO THE PRESIDENT FOR STRAT · 40 hrs/week $48,152

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 (33)

DR ALDERMAN ZACHARY FAISONPRESIDENT

DR GENYNE BOSTONPROVOST SENIOR VICE PRESIDENT FOR ACADEMIC AFFAIRS

ERIKA ANCRUMVP CFO

DR IVANA RICHVP AND DIRECTOR OF INTERCOLLEGIATE ATHLETICS

DR JENNIFER PRICEVICE PRESIDENT FOR ENROLLMENT MANAGEMENT STRATEGIC

DR JAMEL HODGESVICE PRESIDENT OF STUDENT SUCCESS AND ENGAGEMENT

DR MICHAEL WESTVICE PRESIDENT FOR INSTITUTIONAL EFFECTIVENESS, OP

DR VONNICE BOONESPECIAL ASSISTANT AND DIRECTOR

LUZ RANDOLPHCHIEF OF STAFF AND ASST TO THE PRESIDENT FOR STRAT

REV ELIZABETH E YATESBOARD MEMBER

REV HENRY E GREENBOARD MEMBER

REV RONNIE CLARKBOARD MEMBER

REV VICTOR D COLEBOARD MEMBER

REV DR R B HOLMESBOARD MEMBER

REV DR JULIUS H MCALLISTER JRBOARD MEMBER

BISHOP FRANK M REID IIIBOARD CHAIRMAN

REV CLIFTON RILEYBOARD MEMBER

REV CLARENCE WILLIAMSBOARD MEMBER

MS SANJENA V CLAYBOARD MEMBER

MS PAMELA D PRIERBOARD MEMBER

MS DEMETRIA MERRITT-BELLSECRETARY

MS ANGELA GETTERVP OF INSTITUTIONAL ADVANCEMENT

MR TOUREA ROBINSONVICE PRESIDENT OF INSTITUTIONAL ADVANCEMENT, DEVEL

MR PHILIP ZOLLERBOARD MEMBER

MR MICHAEL WARDBOARD MEMBER

MR MALACHI BEYAHBOARD MEMBER

MR CHARLES SPENCERBOARD MEMBER

DR SHARRON TAYLOR BURNETTEXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFIC

DR ROSA SIMMONSBOARD MEMBER

DR FREDDIE GROOMES-MCLENDONVICE CHAIRPERSON

DR EDWARD WHEELERBOARD MEMBER

DR BENJAMIN OKAFORBOARD MEMBER

DR ARCHIE BOUIEVICE PRESIDENT FOR BUSINESS FINANCE

About this charity

Recognized since: January 1949
Location: 1658 Kings Road, Jacksonville, FL 32209
County: Duval
In care of: Erika Ancrum
Primary officer: Erika Ancrum, Vice President of Finance Administr

How to reach them

WebsiteVisit the charity’s website Emailqmcbeth@ewc.edu Phone(904) 470-8000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: THE WESLEY PEACHTREE GROUP CPAS
NTEE classification: Education (B42Z)