SPALDING UNIVERSITY INC Charity Report

Public IRS 990 nonprofit record

SPALDING UNIVERSITY INC

EIN 61-0444780 · Education (B42Z)

What they do

SPALDING UNIVERSITY is A DIVERSE COMMUNITY of LEARNERS DEDICATED to MEETING THE NEEDS of THE TIMES IN THE TRADITION of THE SISTERS of CHARITY of NAZARETH THROUGH QUALITY UNDERGRADUATE and GRADUATE LIBERAL and PROFESSIONAL STUDIES, GROUNDED IN SPIRITUAL VALUES, WITH EMPHASIS ON SERVICE and THE PROMOTION of PEACE and JUSTICE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $82.30 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 leaders37 people are listed in the latest report.

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

Money made simple

87.29%of revenue went to mission work82.3% of expenses · Program services

0.98%of revenue went to fundraising0.9% of expenses

$106.03spent for every $100 of revenueSpending was higher than revenue this year.

17.75%of revenue went to management and office costs16.7% of expenses

$1.98in assets for every $1 spent this yearSome assets cannot be spent right away.

12.2%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.

Worth asking: Expenses exceeded revenue by $2,408,495 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $191,779 for MELISSA CHASTAIN (PROVOST). 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$39,941,671

Mission workProgram services$34,866,46287.29% of revenue82.3% of expenses

ManagementOffice and general costs$7,090,63917.75% of revenue16.7% of expenses

FundraisingAsking for donations$393,0650.98% of revenue0.9% of expenses

Total expenses$42,350,166106.03% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202482.3% mission

202382.2% mission

202281.4% mission

202178.7% mission

202080.1% mission

201980.2% mission

201882.1% mission

201782.9% mission

Money in and money out

Revenue$39,941,671

Expenses$42,350,166

Annual shortfall $2,408,495 Expenses were higher than revenue 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)$34,866,462 · 82.3% of expenses

Management and office costs$7,090,639 · 16.7% of expenses

Fundraising$393,065 · 0.9% of expenses

See all reported dollar amounts

Revenue$39,941,671

Expenses$42,350,166

Assets$84,064,604

Income$53,480,667

Contributions$4,857,690

Mission work (program services)$34,866,462

Fundraising$393,065

Management and general$7,090,639

Stocks and bonds$31,510,581

Accounting fees$77,675

Investing fees$127,970

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

MELISSA CHASTAINPROVOST · 40 hrs/week $191,779Base $158,274 · Other $33,505

EZRA L KRUMHANSLCFO (END 5/25) · 40 hrs/week $187,953Base $156,941 · Other $31,012

JOHN BURDENFORMER OFFICER · 40 hrs/week $182,895Base $159,492 · Other $23,403

VICTORIA M MCCLUREFORMER OFFICER · 40 hrs/week $173,591Base $157,969 · Other $15,622

LEWIS STRICKLANDFORMER HIGHEST COMPENSATED EMPLOYEE · 40 hrs/week $167,430

SVJETLANA WATSONCHAIR OF NURSING · 40 hrs/week $166,557Base $144,492 · Other $22,065

EMILY NORRISGENERAL COUNSEL (END 1/25) · 40 hrs/week $161,438Base $131,310 · Other $30,128

KURT JEFFERSONDEAN OF GRADUATE EDUCATION · 40 hrs/week $159,918Base $139,111 · Other $20,807

NORAH KOCHASSOC. PROFESSOR & ASSOC. CHAIR SOPP · 40 hrs/week $156,505Base $137,724 · Other $18,781

JOANNE BERRYMANINTERIM PRESIDENT (END 12/24) · 40 hrs/week $154,318Base $150,102 · Other $4,216

MICHELLE C REISSCHAIR OF BUSINESS ADMINIST · 40 hrs/week $154,138Base $139,083 · Other $15,055

PATTIE DILLONDEAN OF UNDERGRADUATE EDUCATION · 40 hrs/week $146,323Base $131,872 · Other $14,451

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 (37)

MELISSA CHASTAINPROVOST

EZRA L KRUMHANSLCFO (END 5/25)

JOHN BURDENFORMER OFFICER

VICTORIA M MCCLUREFORMER OFFICER

LEWIS STRICKLANDFORMER HIGHEST COMPENSATED EMPLOYEE

SVJETLANA WATSONCHAIR OF NURSING

EMILY NORRISGENERAL COUNSEL (END 1/25)

KURT JEFFERSONDEAN OF GRADUATE EDUCATION

NORAH KOCHASSOC. PROFESSOR & ASSOC. CHAIR SOPP

JOANNE BERRYMANINTERIM PRESIDENT (END 12/24)

MICHELLE C REISSCHAIR OF BUSINESS ADMINIST

PATTIE DILLONDEAN OF UNDERGRADUATE EDUCATION

JOHN WILCOXFACULTY TRUSTEE

ERICA GRAYDEAN OF STUDENTS

ANNE KENWORTHYPRESIDENT (START 1/25)

JAMES A MORRISTRUSTEE

GENE M SMITHTRUSTEE

THOMAS S SIMS JRTRUSTEE

THOMAS F WILLIAMS JR PHDTRUSTEE

ISAAC J MYERS II MDSECRETARY

SR M SERRA GOETHALS SCN PHDTRUSTEE

SR BRENDA JEAN GONZALES SCNTRUSTEE

SISTER SHARON GRAY SCN DMESECOND VICE CHAIR

SARAH M JONESTRUSTEE

PAUL M RATTERMAN EDDTRUSTEE

JACQUELINE L WOOD RN MSNTRUSTEE

KELLIE R SHERYAKCHAIR

NEVILLE BLAKEMORETRUSTEE

JEAN W FRAZIERTRUSTEE

BRIDGET PAPALIATRUSTEE

MARY BETH BOWLING EDDTRUSTEE

MARY HAYNESTRUSTEE

MARSHA CARLTON WEINSTEINTRUSTEE

MARK B CARTERFIRST VICE CHAIR

AMY C RUDYTRUSTEE

DIANA QUESADATRUSTEE

KIMBERLY L BUNTONTRUSTEE

About this charity

Recognized since: January 1974
Location: 845 SOUTH THIRD STREET, LOUISVILLE, KY 402032188
County: Jefferson
In care of: BETHANY DUPREE
Primary officer: BETHANY DUPREE, CFO

How to reach them

WebsiteVisit the charity’s website Phone(502) 585-9911

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DEAN DORTON ALLEN FORD PLLC
NTEE classification: Education (B42Z)