Fairleigh Dickinson University
Fairleigh Dickinson University: Navigating Financial Shifts Amidst Educational Mission
EIN: 221494434 · Teaneck, NJ · NTEE: B430 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $404.2M |
| Total Expenses | $308.6M |
| Program Spending | 70% |
| Net Assets | $258.4M |
| Transparency Score | 75/100 |
Is Fairleigh Dickinson University Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fairleigh Dickinson University directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Fairleigh Dickinson University
Fairleigh Dickinson University (EIN: 221494434) is a nonprofit organization based in Teaneck, NJ, classified under NTEE code B430. The organization reported total revenue of $404.2M and total assets of $402.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairleigh Dickinson University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairleigh Dickinson University is a major nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $275.2M |
| Total Expenses | $308.6M |
| Surplus / Deficit | $-33,376,269 |
| Total Assets | $414.6M |
| Total Liabilities | $156.2M |
| Net Assets | $258.4M |
| Operating Margin | -12.1% |
| Debt-to-Asset Ratio | 37.7% |
| Months of Reserves | 16.1 months |
Financial Health Grade: B
In 2023, Fairleigh Dickinson University reported a deficit of $33.4M with expenses exceeding revenue, holds 16.1 months of operating reserves (strong position), has a debt-to-asset ratio of 37.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fairleigh Dickinson University's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.6% | -1.1% | -2.5% |
| 2022 | -3.6% | +0.6% | -8.4% |
| 2021 | -6.3% | -5.4% | +8.5% |
| 2020 | -2.9% | +0.7% | -1.4% |
| 2019 | -0.9% | +0.8% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1958 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fairleigh Dickinson University with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Fairleigh Dickinson University allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided high-level data, requiring deeper analysis of Form 990 filings to assess reasonableness against organizational size and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fairleigh Dickinson University's IRS 990 filings:
- Total expenses have exceeded total revenues in multiple recent years (e.g., 2023, 2022, 2021), indicating a potential deficit spending trend.
- Long-term liabilities have shown fluctuations but remain substantial, with $156,195,903 in 2023, which could impact financial flexibility.
- Net assets have generally declined over the past few years, from $464,494,283 in 2021 to $414,620,511 in 2023, suggesting a reduction in financial reserves.
Strengths
The following positive indicators were identified for Fairleigh Dickinson University:
- The university consistently generates significant revenue, exceeding $275 million annually, demonstrating a strong operational base.
- Total assets remain robust, consistently above $400 million, providing a solid foundation for operations.
- The organization has a long history of financial reporting, indicating a commitment to transparency over many years.
Frequently Asked Questions about Fairleigh Dickinson University
Is Fairleigh Dickinson University a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairleigh Dickinson University (EIN: 221494434) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Fairleigh Dickinson University spend its money?
Fairleigh Dickinson University directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fairleigh Dickinson University tax-deductible?
Fairleigh Dickinson University is registered as a tax-exempt nonprofit (EIN: 221494434). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fairleigh Dickinson University's spending goes to programs?
Fairleigh Dickinson University directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Fairleigh Dickinson University compare to similar nonprofits?
With a transparency score of 75/100 (Good), Fairleigh Dickinson University is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fairleigh Dickinson University located?
Fairleigh Dickinson University is headquartered in Teaneck, New Jersey and files with the IRS under EIN 221494434. It is classified under NTEE code B430.
How many years of IRS 990 filings does Fairleigh Dickinson University have?
Fairleigh Dickinson University has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $404.2M in total revenue.
What does Fairleigh Dickinson University do?
Fairleigh Dickinson University is a nonprofit organization in the Education sector, located in Teaneck, New Jersey. It is classified under NTEE code B430.
How much revenue does Fairleigh Dickinson University have?
Fairleigh Dickinson University reported total revenue of $404,178,112. Based on 13 IRS 990 filings on record.
What are Fairleigh Dickinson University's total assets?
Fairleigh Dickinson University holds total assets of $402,718,318 as reported in IRS 990 filings.
Where is Fairleigh Dickinson University located?
Fairleigh Dickinson University is based in Teaneck, New Jersey.
What is Fairleigh Dickinson University's EIN?
Fairleigh Dickinson University's Employer Identification Number (EIN) is 221494434. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fairleigh Dickinson University?
Fairleigh Dickinson University is classified under NTEE code B430 (Education).
Is Fairleigh Dickinson University a registered 501(c)(3)?
Yes, Fairleigh Dickinson University is recognized as a tax-exempt organization by the IRS. EIN: 221494434.
Does Fairleigh Dickinson University file IRS Form 990?
Yes, Fairleigh Dickinson University has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Fairleigh Dickinson University's revenue in 2023?
In the 202306 filing period, Fairleigh Dickinson University reported total revenue of $275,176,420, total expenses of $308,552,689, and net assets of $414,620,511.
Is Fairleigh Dickinson University's revenue growing or declining?
Fairleigh Dickinson University's revenue is declining. Revenue went from $297,795,789 (202206) to $275,176,420 (202306), a -7.6% change. Based on 13 filings on record.
What is Fairleigh Dickinson University's most recent 990 filing?
The most recent IRS Form 990 filing for Fairleigh Dickinson University covers tax period 202306. It shows revenue of $275,176,420, expenses of $308,552,689, total assets of $414,620,511, and liabilities of $156,195,903.
How much does Fairleigh Dickinson University spend on programs vs administration?
Based on IRS 990 analysis, Fairleigh Dickinson University allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Fairleigh Dickinson University a trustworthy charity?
Based on AI analysis of IRS 990 data, Fairleigh Dickinson University appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Fairleigh Dickinson University?
The following concerns were identified: Total expenses have exceeded total revenues in multiple recent years (e.g., 2023, 2022, 2021), indicating a potential deficit spending trend.. Long-term liabilities have shown fluctuations but remain substantial, with $156,195,903 in 2023, which could impact financial flexibility.. Net assets have generally declined over the past few years, from $464,494,283 in 2021 to $414,620,511 in 2023, suggesting a reduction in financial reserves.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fairleigh Dickinson University's strengths?
Positive indicators for Fairleigh Dickinson University include: The university consistently generates significant revenue, exceeding $275 million annually, demonstrating a strong operational base.. Total assets remain robust, consistently above $400 million, providing a solid foundation for operations.. The organization has a long history of financial reporting, indicating a commitment to transparency over many years.. These findings are derived from AI analysis of the organization's financial filings.
How does Fairleigh Dickinson University compensate executives?
Executive compensation is not explicitly detailed in the provided high-level data, requiring deeper analysis of Form 990 filings to assess reasonableness against organizational size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the consistent trend of expenses exceeding revenues impact the long-term sustainability and strategic planning of Fairleigh Dickinson University?
The recurring deficit spending, as seen in 2023 ($275M revenue vs. $308M expenses) and other years, suggests a need for either increased revenue generation or cost containment strategies to ensure long-term financial health and avoid erosion of assets.
What specific initiatives or factors contributed to the significant decrease in total assets from $464,494,283 in 2021 to $414,620,511 in 2023?
The nearly $50 million reduction in total assets over two years warrants further investigation into capital expenditures, investment performance, or debt repayment strategies that might have influenced this decline, as it impacts the university's overall financial strength.
Filing History
IRS 990 filing history for Fairleigh Dickinson University showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fairleigh Dickinson University's revenue has grown by 3.6%, moving from $265.6M to $275.2M. Total assets increased by 40.9% over the same period, from $294.2M to $414.6M. Total functional expenses rose by 24%, from $248.9M to $308.6M. In its most recent filing year (2023), Fairleigh Dickinson University reported a deficit of $33.4M, with expenses exceeding revenue. The organization holds $156.2M in liabilities against $414.6M in assets (debt-to-asset ratio: 37.7%), resulting in net assets of $258.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $275.2M | $308.6M | $414.6M | $156.2M | — | — |
| 2022 | $297.8M | $311.9M | $425.4M | $141.6M | — | View 990 |
| 2021 | $309.0M | $310.0M | $464.5M | $149.8M | — | View 990 |
| 2020 | $329.8M | $327.8M | $428.2M | $139.5M | — | View 990 |
| 2019 | $339.7M | $325.5M | $434.1M | $141.1M | — | View 990 |
| 2018 | $342.9M | $322.7M | $423.0M | $147.4M | — | View 990 |
| 2017 | $318.6M | $302.2M | $401.6M | $163.6M | — | View 990 |
| 2016 | $329.3M | $310.9M | $390.4M | $173.4M | — | View 990 |
| 2015 | $316.8M | $295.0M | $368.9M | $169.8M | — | View 990 |
| 2014 | $291.5M | $276.7M | $350.9M | $175.8M | — | View 990 |
| 2013 | $281.9M | $265.4M | $328.1M | $175.9M | — | View 990 |
| 2012 | $271.7M | $263.9M | $309.4M | $179.0M | — | View 990 |
| 2011 | $265.6M | $248.9M | $294.2M | $171.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275.2M, expenses of $308.6M, and assets of $414.6M (revenue -7.6% year-over-year).
- 2022: Revenue of $297.8M, expenses of $311.9M, and assets of $425.4M (revenue -3.6% year-over-year).
- 2021: Revenue of $309.0M, expenses of $310.0M, and assets of $464.5M (revenue -6.3% year-over-year).
- 2020: Revenue of $329.8M, expenses of $327.8M, and assets of $428.2M (revenue -2.9% year-over-year).
- 2019: Revenue of $339.7M, expenses of $325.5M, and assets of $434.1M (revenue -0.9% year-over-year).
- 2018: Revenue of $342.9M, expenses of $322.7M, and assets of $423.0M (revenue +7.6% year-over-year).
- 2017: Revenue of $318.6M, expenses of $302.2M, and assets of $401.6M (revenue -3.2% year-over-year).
- 2016: Revenue of $329.3M, expenses of $310.9M, and assets of $390.4M (revenue +3.9% year-over-year).
- 2015: Revenue of $316.8M, expenses of $295.0M, and assets of $368.9M (revenue +8.7% year-over-year).
- 2014: Revenue of $291.5M, expenses of $276.7M, and assets of $350.9M (revenue +3.4% year-over-year).
- 2013: Revenue of $281.9M, expenses of $265.4M, and assets of $328.1M (revenue +3.8% year-over-year).
- 2012: Revenue of $271.7M, expenses of $263.9M, and assets of $309.4M (revenue +2.3% year-over-year).
- 2011: Revenue of $265.6M, expenses of $248.9M, and assets of $294.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairleigh Dickinson University:
Data Sources and Methodology
This transparency report for Fairleigh Dickinson University is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.