Felician University
Felician University: Stable Finances, Mission-Focused Spending
EIN: 221912028 · Lodi, NJ · NTEE: B420 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $87.6M |
| Total Expenses | $85.5M |
| Program Spending | 75% |
| Net Assets | $60.1M |
| Transparency Score | 75/100 |
Is Felician University Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Felician University directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Felician University
Felician University (EIN: 221912028) is a nonprofit organization based in Lodi, NJ, classified under NTEE code B420. The organization reported total revenue of $87.6M and total assets of $92.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Felician University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Felician University is a major nonprofit that has been operating for 80 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81.7M |
| Total Expenses | $85.5M |
| Surplus / Deficit | $-3,811,772 |
| Total Assets | $95.5M |
| Total Liabilities | $35.3M |
| Net Assets | $60.1M |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 37.0% |
| Months of Reserves | 13.4 months |
Financial Health Grade: B
In 2023, Felician University reported a deficit of $3.8M with expenses exceeding revenue, holds 13.4 months of operating reserves (strong position), has a debt-to-asset ratio of 37.0% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Felician University's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.5% | +0.4% | -4.7% |
| 2022 | +21.9% | +16.1% | -2.1% |
| 2021 | +2.0% | -0.7% | +7.4% |
| 2020 | +13.2% | +12.0% | +8.1% |
| 2019 | +4.2% | +6.0% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Felician 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: 75%
- fundraising: 10%
According to IRS 990 filings, Felician University allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries against organizational revenue or mission impact.
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.
Strengths
The following positive indicators were identified for Felician University:
- Consistent revenue generation over several years, indicating financial stability.
- Assets consistently exceed liabilities, demonstrating a healthy balance sheet.
- Strong program spending, suggesting a focus on its educational mission.
Frequently Asked Questions about Felician University
Is Felician University a legitimate charity?
Based on AI analysis of IRS 990 filings, Felician University (EIN: 221912028) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Felician University spend its money?
Felician University directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Felician University tax-deductible?
Felician University is registered as a tax-exempt nonprofit (EIN: 221912028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Felician University's spending goes to programs?
Felician University directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Felician University compare to similar nonprofits?
With a transparency score of 75/100 (Good), Felician University is above average for NTEE category B420 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Felician University located?
Felician University is headquartered in Lodi, New Jersey and files with the IRS under EIN 221912028. It is classified under NTEE code B420.
How many years of IRS 990 filings does Felician University have?
Felician University has 12 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 $87.6M in total revenue.
What does Felician University do?
Felician University is a nonprofit organization in the Education sector, located in Lodi, New Jersey. It is classified under NTEE code B420.
How much revenue does Felician University have?
Felician University reported total revenue of $87,584,640. Based on 12 IRS 990 filings on record.
What are Felician University's total assets?
Felician University holds total assets of $92,151,909 as reported in IRS 990 filings.
Where is Felician University located?
Felician University is based in Lodi, New Jersey.
What is Felician University's EIN?
Felician University's Employer Identification Number (EIN) is 221912028. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Felician University?
Felician University is classified under NTEE code B420 (Education).
Is Felician University a registered 501(c)(3)?
Yes, Felician University is recognized as a tax-exempt organization by the IRS. EIN: 221912028.
Does Felician University file IRS Form 990?
Yes, Felician University has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Felician University's revenue in 2023?
In the 202306 filing period, Felician University reported total revenue of $81,691,778, total expenses of $85,503,550, and net assets of $95,461,155.
Is Felician University's revenue growing or declining?
Felician University's revenue is declining. Revenue went from $92,318,482 (202206) to $81,691,778 (202306), a -11.5% change. Based on 12 filings on record.
What is Felician University's most recent 990 filing?
The most recent IRS Form 990 filing for Felician University covers tax period 202306. It shows revenue of $81,691,778, expenses of $85,503,550, total assets of $95,461,155, and liabilities of $35,323,246.
How much does Felician University spend on programs vs administration?
Based on IRS 990 analysis, Felician University allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Felician University a trustworthy charity?
Based on AI analysis of IRS 990 data, Felician University appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Felician University's strengths?
Positive indicators for Felician University include: Consistent revenue generation over several years, indicating financial stability.. Assets consistently exceed liabilities, demonstrating a healthy balance sheet.. Strong program spending, suggesting a focus on its educational mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Felician University compensate executives?
Executive compensation is not explicitly detailed in the provided data, preventing a specific assessment of individual salaries against organizational revenue or mission impact. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Felician University managed to maintain relatively stable revenue and asset growth despite fluctuations in the broader higher education landscape?
Felician University has shown consistent revenue streams, with total revenue ranging from $56.9M in 2016 to $92.3M in 2022, and assets consistently above $87M. This stability suggests effective financial management and potentially strong enrollment or donor support, allowing them to navigate sector challenges.
Filing History
IRS 990 filing history for Felician University showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Felician University's revenue has grown by 45.4%, moving from $56.2M to $81.7M. Total assets increased by 54.5% over the same period, from $61.8M to $95.5M. Total functional expenses rose by 60.3%, from $53.3M to $85.5M. In its most recent filing year (2023), Felician University reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $35.3M in liabilities against $95.5M in assets (debt-to-asset ratio: 37.0%), resulting in net assets of $60.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81.7M | $85.5M | $95.5M | $35.3M | — | — |
| 2022 | $92.3M | $85.2M | $100.2M | $37.5M | — | View 990 |
| 2021 | $75.7M | $73.4M | $102.3M | $42.9M | — | View 990 |
| 2020 | $74.3M | $73.9M | $95.2M | $40.4M | — | View 990 |
| 2019 | $65.6M | $66.0M | $88.1M | $33.4M | — | View 990 |
| 2018 | $63.0M | $62.3M | $90.3M | $35.0M | — | View 990 |
| 2017 | $61.6M | $60.4M | $89.7M | $35.3M | — | — |
| 2016 | $57.0M | $57.3M | $87.1M | $34.3M | — | View 990 |
| 2015 | $57.1M | $53.7M | $75.5M | $21.9M | — | View 990 |
| 2014 | $53.0M | $53.0M | $67.7M | $17.2M | — | View 990 |
| 2013 | $53.3M | $52.7M | $65.4M | $15.4M | — | View 990 |
| 2012 | $56.2M | $53.3M | $61.8M | $12.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81.7M, expenses of $85.5M, and assets of $95.5M (revenue -11.5% year-over-year).
- 2022: Revenue of $92.3M, expenses of $85.2M, and assets of $100.2M (revenue +21.9% year-over-year).
- 2021: Revenue of $75.7M, expenses of $73.4M, and assets of $102.3M (revenue +2.0% year-over-year).
- 2020: Revenue of $74.3M, expenses of $73.9M, and assets of $95.2M (revenue +13.2% year-over-year).
- 2019: Revenue of $65.6M, expenses of $66.0M, and assets of $88.1M (revenue +4.2% year-over-year).
- 2018: Revenue of $63.0M, expenses of $62.3M, and assets of $90.3M (revenue +2.3% year-over-year).
- 2017: Revenue of $61.6M, expenses of $60.4M, and assets of $89.7M (revenue +8.1% year-over-year).
- 2016: Revenue of $57.0M, expenses of $57.3M, and assets of $87.1M (revenue -0.1% year-over-year).
- 2015: Revenue of $57.1M, expenses of $53.7M, and assets of $75.5M (revenue +7.6% year-over-year).
- 2014: Revenue of $53.0M, expenses of $53.0M, and assets of $67.7M (revenue -0.6% year-over-year).
- 2013: Revenue of $53.3M, expenses of $52.7M, and assets of $65.4M (revenue -5.1% year-over-year).
- 2012: Revenue of $56.2M, expenses of $53.3M, and assets of $61.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Felician University:
Data Sources and Methodology
This transparency report for Felician 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.