Gardner Webb University
EIN: 560529972 · Boiling Spgs, NC · NTEE: B43
| Metric | Value |
|---|---|
| Total Revenue | $103.9M |
| Total Expenses | $99.3M |
| Net Assets | $126.0M |
Is Gardner Webb University Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gardner Webb University
Gardner Webb University (EIN: 560529972) is a nonprofit organization based in Boiling Spgs, NC, classified under NTEE code B43. The organization reported total revenue of $103.9M and total assets of $166.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gardner Webb University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gardner Webb University is a major nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97.3M |
| Total Expenses | $99.3M |
| Surplus / Deficit | $-1,936,967 |
| Total Assets | $154.2M |
| Total Liabilities | $28.2M |
| Net Assets | $126.0M |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 18.3% |
| Months of Reserves | 18.6 months |
Financial Health Grade: B
In 2023, Gardner Webb University reported a deficit of $1.9M with expenses exceeding revenue, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 18.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Gardner Webb University's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | +0.5% | +0.4% |
| 2022 | +2.2% | +3.7% | -6.1% |
| 2021 | +10.4% | +0.8% | +8.7% |
| 2020 | -2.4% | +2.3% | -4.6% |
| 2019 | +4.7% | +2.3% | +2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gardner Webb University has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gardner Webb University with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 18.3%.
Frequently Asked Questions about Gardner Webb University
Is Gardner Webb University a legitimate charity?
Based on AI analysis of IRS 990 filings, Gardner Webb University (EIN: 560529972) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gardner Webb University spend its money?
Detailed spending breakdown data is not yet available for Gardner Webb University. Check back for updated IRS 990 analysis.
Are donations to Gardner Webb University tax-deductible?
Gardner Webb University is registered as a tax-exempt nonprofit (EIN: 560529972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gardner Webb University located?
Gardner Webb University is headquartered in Boiling Spgs, North Carolina and files with the IRS under EIN 560529972. It is classified under NTEE code B43.
How many years of IRS 990 filings does Gardner Webb University have?
Gardner Webb 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 $103.9M in total revenue.
Filing History
IRS 990 filing history for Gardner Webb University showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Gardner Webb University's revenue has grown by 30.4%, moving from $74.7M to $97.3M. Total assets increased by 8.8% over the same period, from $141.8M to $154.2M. Total functional expenses rose by 42.9%, from $69.5M to $99.3M. In its most recent filing year (2023), Gardner Webb University reported a deficit of $1.9M, with expenses exceeding revenue. The organization holds $28.2M in liabilities against $154.2M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $126.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97.3M | $99.3M | $154.2M | $28.2M | — | — |
| 2022 | $103.1M | $98.8M | $153.6M | $30.7M | — | View 990 |
| 2021 | $101.0M | $95.3M | $163.5M | $32.0M | — | — |
| 2020 | $91.5M | $94.5M | $150.4M | $34.7M | — | View 990 |
| 2019 | $93.7M | $92.4M | $157.6M | $35.7M | — | View 990 |
| 2018 | $89.5M | $90.3M | $153.7M | $34.9M | — | View 990 |
| 2017 | $93.8M | $94.3M | $156.5M | $38.7M | — | View 990 |
| 2016 | $88.4M | $85.6M | $157.1M | $41.5M | — | View 990 |
| 2015 | $83.8M | $80.9M | $159.5M | $44.8M | — | View 990 |
| 2014 | $83.6M | $77.5M | $152.6M | $39.5M | — | View 990 |
| 2013 | $77.6M | $75.1M | $145.4M | $41.5M | — | View 990 |
| 2012 | $74.7M | $69.5M | $141.8M | $43.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97.3M, expenses of $99.3M, and assets of $154.2M (revenue -5.6% year-over-year).
- 2022: Revenue of $103.1M, expenses of $98.8M, and assets of $153.6M (revenue +2.2% year-over-year).
- 2021: Revenue of $101.0M, expenses of $95.3M, and assets of $163.5M (revenue +10.4% year-over-year).
- 2020: Revenue of $91.5M, expenses of $94.5M, and assets of $150.4M (revenue -2.4% year-over-year).
- 2019: Revenue of $93.7M, expenses of $92.4M, and assets of $157.6M (revenue +4.7% year-over-year).
- 2018: Revenue of $89.5M, expenses of $90.3M, and assets of $153.7M (revenue -4.6% year-over-year).
- 2017: Revenue of $93.8M, expenses of $94.3M, and assets of $156.5M (revenue +6.1% year-over-year).
- 2016: Revenue of $88.4M, expenses of $85.6M, and assets of $157.1M (revenue +5.5% year-over-year).
- 2015: Revenue of $83.8M, expenses of $80.9M, and assets of $159.5M (revenue +0.3% year-over-year).
- 2014: Revenue of $83.6M, expenses of $77.5M, and assets of $152.6M (revenue +7.7% year-over-year).
- 2013: Revenue of $77.6M, expenses of $75.1M, and assets of $145.4M (revenue +3.9% year-over-year).
- 2012: Revenue of $74.7M, expenses of $69.5M, and assets of $141.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gardner Webb University:
Data Sources and Methodology
This transparency report for Gardner Webb 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.