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Excelsior University provides educational opportunity to adult learners with an emphasis on those historically underrepresented in higher education. The University meets students where they are - academically and geographically, offering quality instruction and the assessment of prior learning.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$83M
Program Spending
57%
of total expenses go to program services
Total Contributions
$759K
Total Expenses
▼$77M
Total Assets
$74.7M
Total Liabilities
▼$16.6M
Net Assets
$58.1M
Officer Compensation
→$3.3M
Other Salaries
$36.2M
Investment Income
$1.7M
Fundraising
▼N/A
Tax Year 2023 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $25K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
Army War College Foundation Inc23-2034407 | Carlisle, PA | $25K | Cash | To help support the mission of the foundation. Army War College 990 description of mission: The foundation engages in charitable and educational endeavors, to support educational programs of the US Army War College and its graduates. |
| Total | $25K | |||
Carlisle, PA
$25K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$10.1M
Awards Found
19
Department of Education
$3.3M
STUDENT GRANTS TO BE ISSUED TO THOSE STUDENTS WHO DEMONSTRATE FINANCIAL NEED AND ARE ENROLLED AT EXCELSIOR COLLEGE.
Department of Health and Human Services
$1.3M
NURSE EDUCATION, PRACTICE, QUALITY AND RETENTION - VETERANS BACHELOR OF SCIENCE IN NURSING PROGRAM
National Science Foundation
$864.8K
ENSURING WORKFORCE READINESS FOR THE ENERGY AND MANUFACTURING INDUSTRIES THROUGH EDUCATIONAL SIMULATIONS
Department of Education
$581.6K
INNOVATIVE STRATEGIES IN COMMUNITY COLLEGES FOR WORKING ADULTS AND DISPLACED WORKERS
Department of Energy
$245K
NUCLEAR ENERGY UNIVERSITY PROGRAMS - GENERAL SCIENTIFIC INFRASTRUCTURE SUPPORT - EXCELSIOR COLLEGE THE PURPOSE OF THE PROGRAM IS TO UPGRADE AND IMPROVE THE U.S. UNIVERSITY NUCLEAR RESEARCH AND TRAINING REACTORS AND TO CONTRIBUTE TO STRENGTHEN THE ACADEMIC COMMUNITY'S NUCLEAR ENGINEERING INFRASTRUCTURE.
Department of Health and Human Services
$151.5K
ADVANCED EDUCATION NURSING TRAINEESHIP
Department of Health and Human Services
$147.2K
NURSE FACULTY LOAN PROGRAM
Department of Health and Human Services
$116.7K
NURSE FACULTY LOAN PROGRAM
Department of Health and Human Services
$80K
NURSE FACULTY LOAN PROGRAM
Department of Health and Human Services
$77.9K
NURSE FACULTY LOAN PROGRAM
Department of Agriculture
$66.1K
INTERNATIONAL FARMING SYSTEMS: SUSTAINABLE FARMING AND NATURAL RESOURCES MANAGEMENT PRACTICES IN THE DEVELOPING WORLD
Department of Health and Human Services
$65.4K
ARRA - NURSE FACULTY LOAN PROGRAM
Department of Energy
$20K
AWARD AS A RESULT OF FOA NUMBER DE-FOA-0002265, UNIVERSITY NUCLEAR LEADERSHIP PROGRAM - SCHOLARSHIP AND FELLOWSHIP
Department of Energy
$7,500
NUCLEAR ENERGY FELLOWSHIP/SCHOLARSHIP PROGRAMS
Department of Health and Human Services
$0
NSL - GRADUATE NURSING - CORRECTIONS IN BUDGET PERIOD/PROJECT PERIOD
Department of Health and Human Services
$0
CORRECTIONS IN BUDGET PERIOD/PROJECT PERIOD
Department of Agriculture
-$1,172
INTERNATIONAL FARMING SYSTEMS: SUSTAINABLE FARMING AND NATURAL RESOURCES MANAGEMENT PRACTICES IN THE DEVELOPING WORLD
Department of Health and Human Services
-$37.9K
NURSE EDUCATION, PRACTICE, QUALITY AND RETENTION - VETERANS? BACHELOR OF SCIENCE IN NURSING PROGRAM
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $49.4M | Yes | 2026-01-09 |
| 2024 | Clean | Unmodified (Clean) | $42.7M | Yes | 2024-11-15 |
| 2023 | Clean | Unmodified (Clean) | $37.8M | Yes | 2024-01-03 |
| 2022 | Clean | Unmodified (Clean) | $36.9M | Yes | 2022-10-30 |
| 2021 | Clean | Unmodified (Clean) | $31.3M | Yes | 2021-11-11 |
| 2020 | Clean | Unmodified (Clean) | $30.6M | Yes | 2020-11-16 |
| 2019 | Clean | Unmodified (Clean) | $37M | Yes | 2019-11-05 |
| 2018 | Clean | Unmodified (Clean) | $37.4M | Yes | 2018-11-07 |
| 2017 | Clean | Unmodified (Clean) | $42.7M | Yes | 2017-11-26 |
| 2016 | Clean | Unmodified (Clean) | $44.4M | Yes | 2016-11-13 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$49.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$42.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$37.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$36.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$31.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$30.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$37M
Financial Report
Unmodified (Clean)
Federal Expenditure
$37.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$42.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$44.4M
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $83M | $759K | $77M | $74.7M | $58.1M |
| 2022IRS e-File | $74.4M | $1.3M | $70M | $69.1M | $49.7M |
| 2021 | $78.3M | $991.6K | $76.7M | $79M | $54.3M |
| 2020 | $75.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| David Schejbal | President & Chief Executive Officer | 37.5 | $583.9K | $0 | $31.8K | $615.7K |
| Christopher Cassirer | Provost | 37.5 | $348.7K | $0 | $38.3K | $387K |
| Mark Howe | VP Of Human Resources | 37.5 | $279.2K | $0 | $19.7K | $298.9K |
| Lorraine Williams | Chief Of Staff | 37.5 | $288.2K | $0 | $8,636 | $296.9K |
| Richard Hannmann | Vice President For Finance And CFO | 37.5 | $257.8K | $0 | $18.1K | $275.9K |
| Raul Nestor Galarza | Vice President Of Enrollment Management And Marketing | 37.5 | $231.6K | $0 | $17.6K | $249.2K |
| Michael Disiena | General Counsel | 37.5 | $186.2K | $0 | $21.2K | $207.4K |
David Schejbal
President & Chief Executive Officer
$615.7K
Hrs/Wk
37.5
Compensation
$583.9K
Related Orgs
$0
Other
$31.8K
Christopher Cassirer
Provost
$387K
Hrs/Wk
37.5
Compensation
$348.7K
Related Orgs
$0
Other
$38.3K
Mark Howe
VP Of Human Resources
$298.9K
Hrs/Wk
37.5
Compensation
$279.2K
Related Orgs
$0
Other
$19.7K
Lorraine Williams
Chief Of Staff
$296.9K
Hrs/Wk
37.5
Compensation
$288.2K
Related Orgs
$0
Other
$8,636
Richard Hannmann
Vice President For Finance And CFO
$275.9K
Hrs/Wk
37.5
Compensation
$257.8K
Related Orgs
$0
Other
$18.1K
Raul Nestor Galarza
Vice President Of Enrollment Management And Marketing
$249.2K
Hrs/Wk
37.5
Compensation
$231.6K
Related Orgs
$0
Other
$17.6K
Michael Disiena
General Counsel
$207.4K
Hrs/Wk
37.5
Compensation
$186.2K
Related Orgs
$0
Other
$21.2K
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Francisco Azuola | CIO | 37.5 | $287.3K | $0 | $42K | $329.3K |
| Stephanie Poczos | Vice Provost, Academic Operations & Quality | 37.5 | $223.4K | $0 | $14.5K | $237.9K |
| Scott Dolan | Executive Dean, Clas | 37.5 | $203.3K | $0 |
Francisco Azuola
CIO
$329.3K
Hrs/Wk
37.5
Compensation
$287.3K
Related Orgs
$0
Other
$42K
Stephanie Poczos
Vice Provost, Academic Operations & Quality
$237.9K
Hrs/Wk
37.5
Compensation
$223.4K
Related Orgs
$0
Other
$14.5K
Scott Dolan
Executive Dean, Clas
$224K
Hrs/Wk
37.5
Compensation
$203.3K
Related Orgs
$0
Other
$20.7K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alec Whitters | Board Member Until 7/8/2023 | 1.2 | $0 | $0 | $0 | $0 |
| Charlene Dukes | Vice Chair Until 12/31/2024 | 1.4 | $0 | $0 | $0 | $0 |
| Dan Greenstein | Board Member Until 12/31/2025 | 1.2 | $0 | $0 | $0 | $0 |
| David Baime | Board Member Until 12/31/2024 | 1.2 | $0 | $0 | $0 | $0 |
| David Wilson | Board Member Until 12/31/2025 | 1.2 | $0 | $0 | $0 | $0 |
| Jeanne Meister |
Alec Whitters
Board Member Until 7/8/2023
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
Charlene Dukes
Vice Chair Until 12/31/2024
$0
Hrs/Wk
1.4
Compensation
$0
Related Orgs
$0
Other
$0
Dan Greenstein
Board Member Until 12/31/2025
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
| $1M |
| $73.3M |
| $73.2M |
| $47M |
| 2019 | $79.9M | $1.4M | $74.8M | $69.2M | $43.8M |
| 2018 | $86.7M | $1.7M | $86.7M | $64.9M | $37.7M |
| 2017 | $101.4M | $2.2M | $99.3M | $66.7M | $36.6M |
| 2016 | $106.1M | $1.6M | $107.2M | $68.8M | $33.7M |
| 2015 | $97.5M | $1.5M | $94.9M | $63.1M | $35.7M |
| 2014 | $90M | $1.1M | $87.1M | $59M | $33.4M |
| 2013 | $81.4M | $1.3M | $78M | $46.6M | $29.9M |
| 2012 | $71.4M | $1M | $72.6M | $42.2M | $26.4M |
| 2011 | $64.5M | $889.5K | $65.7M | $42.2M | $28.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $20.7K |
| $224K |
| Daniel Pascoe Aguilar | Founding Director Csj/cdo | 37.5 | $183.9K | $0 | $36.5K | $220.4K |
| Jamie Furgang | Avp - Dev&alumni Affairs | 37.5 | $160.1K | $0 | $19.8K | $179.9K |
| Karen Halaco | Sr Dir Hr Prog&comp Support | 37.5 | $152.2K | $0 | $26.8K | $178.9K |
| Robin Goodrich | Executive Dean, Cnhs Starting 8/2023 | 37.5 | $162.5K | $0 | $10.2K | $172.8K |
| Christine Thorpe | Executive Dean, Cnhs Until 8/2023 | 37.5 | $162.2K | $0 | $9,642 | $171.8K |
| Tracy Caldwell | Assoc Dean- Liberal Arts | 37.5 | $135.2K | $0 | $14.3K | $149.5K |
Daniel Pascoe Aguilar
Founding Director Csj/cdo
$220.4K
Hrs/Wk
37.5
Compensation
$183.9K
Related Orgs
$0
Other
$36.5K
Jamie Furgang
Avp - Dev&alumni Affairs
$179.9K
Hrs/Wk
37.5
Compensation
$160.1K
Related Orgs
$0
Other
$19.8K
Karen Halaco
Sr Dir Hr Prog&comp Support
$178.9K
Hrs/Wk
37.5
Compensation
$152.2K
Related Orgs
$0
Other
$26.8K
Robin Goodrich
Executive Dean, Cnhs Starting 8/2023
$172.8K
Hrs/Wk
37.5
Compensation
$162.5K
Related Orgs
$0
Other
$10.2K
Christine Thorpe
Executive Dean, Cnhs Until 8/2023
$171.8K
Hrs/Wk
37.5
Compensation
$162.2K
Related Orgs
$0
Other
$9,642
Tracy Caldwell
Assoc Dean- Liberal Arts
$149.5K
Hrs/Wk
37.5
Compensation
$135.2K
Related Orgs
$0
Other
$14.3K
| Secretary Of The Board Until 12/31/2024 |
| 1.4 |
| $0 |
| $0 |
| $0 |
| $0 |
| Jennifer Gentry | Board Member Until 12/31/2025 | 1.2 | $0 | $0 | $0 | $0 |
| Karen Kocher | Board Member Until 12/31/2025 | 1.2 | $0 | $0 | $0 | $0 |
| Karim Merchant | Board Member Until 12/31/2023 | 1.2 | $0 | $0 | $0 | $0 |
| Kent Clark | Treasurer Until 12/31/2025 | 1.4 | $0 | $0 | $0 | $0 |
| Kh Maman | Board Member Until 12/31/2024 | 1.2 | $0 | $0 | $0 | $0 |
| Matthew Loeb | Chair Until 12/31/2025 | 1.4 | $0 | $0 | $0 | $0 |
| Rose Wang | Board Member Until 12/31/2025 | 1.2 | $0 | $0 | $0 | $0 |
David Baime
Board Member Until 12/31/2024
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
David Wilson
Board Member Until 12/31/2025
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
Jeanne Meister
Secretary Of The Board Until 12/31/2024
$0
Hrs/Wk
1.4
Compensation
$0
Related Orgs
$0
Other
$0
Jennifer Gentry
Board Member Until 12/31/2025
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
Karen Kocher
Board Member Until 12/31/2025
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
Karim Merchant
Board Member Until 12/31/2023
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
Kent Clark
Treasurer Until 12/31/2025
$0
Hrs/Wk
1.4
Compensation
$0
Related Orgs
$0
Other
$0
Kh Maman
Board Member Until 12/31/2024
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0
Matthew Loeb
Chair Until 12/31/2025
$0
Hrs/Wk
1.4
Compensation
$0
Related Orgs
$0
Other
$0
Rose Wang
Board Member Until 12/31/2025
$0
Hrs/Wk
1.2
Compensation
$0
Related Orgs
$0
Other
$0