Loading organization details...
Loading organization details...
FERRUM COLLEGE IS A PRIVATE LIBERAL ARTS INSTITUTION THAT PROVIDES BOTH UNDERGRADUATE AND GRADUATE DEGREES. WE ARE A DYNAMIC LEARNING COMMUNITY WHERE STUDENTS ENTER WITH PROMISE AND LEAVE WITH PURPOSE. THE MISSION IS SUPPORTED BY OUR VISION TO INSPIRE EVERYONE TO DO GOOD WORK, BUILD GOOD FUTURES, AND LIVE GOOD LIVES. THROUGH GENEROSITY OF SPIRIT, BEING A COMMUNITY THAT CONNECTS AND INSPIRES, PROVIDING OPPORTUNITY, REGARDLESS OF BACKGROUND, AND EXHIBITING RESILIENCE THROUGH INNOVATION AND RESOURCEFULNESS, WE STRENGTHEN OUR MISSION AND VISION. OUR ONE PRIORITY IS TO FULFILL THE PROMISE OF COLLEGE BY PROVIDING PATHWAYS TO MEANINGFUL WORK, MAKING EDUCATION ATTAINABLE, AND STAYING CONNECTED FOR A LIFETIME.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$43.2M
Program Spending
88%
of total expenses go to program services
Total Contributions
$2.8M
Total Expenses
▼$47.7M
Total Assets
$124.5M
Total Liabilities
▼$25.2M
Net Assets
$99.3M
Officer Compensation
→$1.7M
Other Salaries
$10.3M
Investment Income
$2.5M
Fundraising
▼$94.9K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$10.6M
Awards Found
12
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Department of Education | HIGHER EDUCATION EMERGENCY RELIEF FUND - INSTITUTION | $4.7M | FY2020 | Jun 2020 – May 2022 | Open → |
| Department of Education | HIGHER EDUCATION EMERGENCY RELIEF FUND - STUDENT AID | $3.9M | FY2020 | May 2020 – May 2022 | Open → |
| Department of Housing and Urban Development | EDI SPECIAL PROJECTS | $427.5K | FY2011 | Jan 2011 – — | Open → |
| Department of Health and Human Services | HEALTH CARE AND OTHER FACILITIES | $396K | FY2010 | Sep 2010 – Aug 2012 | Open → |
| Department of Education | FERRUM COLLEGE PELL RECIPIENT FINANCIAL AID EXPANSION | $390.5K | FY2021 | Jul 2021 – Jul 2022 | Open → |
| Department of Education | HIGHER EDUCATION EMERGENCY RELIEF FUND - SIP | $377.7K | FY2020 | Jun 2020 – Jun 2024 | Open → |
| Department of Education | EMERGENCY STUDENT FINANCIAL AID AND MENTAL HEALTH SUPPORTS FOR FERRUM COLLEGE STUDENTS | $262.1K | FY2022 | Jul 2022 – Jul 2024 | Open → |
| Department of Health and Human Services | AREA: ELUCIDATING CAMP SIGNALING IN MYCOBACTERIUM SMEGMATIS | $137.8K | FY2009 | Aug 2009 – Jul 2012 | Open → |
| National Endowment for the Arts | TO SUPPORT THE DEVELOPMENT OF A MUSEUM GALLERY EXHIBITION CELEBRATING THE FOLKWAYS OF THE SOUTHERN BLUE RIDGE MOUNTAINS AREA. | $30K | FY2017 | Mar 2017 – Apr 2018 | Open → |
| National Endowment for the Arts | TO SUPPORT A SURVEY OF AFRICAN-AMERICAN GOSPEL TRADITIONS IN THE SOUTHERN VIRGINIA BLUE RIDGE. | $10K | FY2016 | Jul 2016 – Apr 2017 | Open → |
| Department of Education | 2026-2027 TEACH BASE RECORD | $1,983 | FY2026 | Jan 2026 – Sep 2047 | Open → |
| Department of Agriculture | COMMUNITY FACILITY GRANTS | $0 | FY2012 | Nov 2011 – Aug 2012 | Open → |
Department of Education
$4.7M
HIGHER EDUCATION EMERGENCY RELIEF FUND - INSTITUTION
Department of Education
$3.9M
HIGHER EDUCATION EMERGENCY RELIEF FUND - STUDENT AID
Department of Health and Human Services
$396K
HEALTH CARE AND OTHER FACILITIES
Department of Education
$390.5K
FERRUM COLLEGE PELL RECIPIENT FINANCIAL AID EXPANSION
Department of Education
$377.7K
HIGHER EDUCATION EMERGENCY RELIEF FUND - SIP
Department of Education
$262.1K
EMERGENCY STUDENT FINANCIAL AID AND MENTAL HEALTH SUPPORTS FOR FERRUM COLLEGE STUDENTS
Department of Health and Human Services
$137.8K
AREA: ELUCIDATING CAMP SIGNALING IN MYCOBACTERIUM SMEGMATIS
National Endowment for the Arts
$30K
TO SUPPORT THE DEVELOPMENT OF A MUSEUM GALLERY EXHIBITION CELEBRATING THE FOLKWAYS OF THE SOUTHERN BLUE RIDGE MOUNTAINS AREA.
National Endowment for the Arts
$10K
TO SUPPORT A SURVEY OF AFRICAN-AMERICAN GOSPEL TRADITIONS IN THE SOUTHERN VIRGINIA BLUE RIDGE.
Source: Federal Audit Clearinghouse (fac.gov)
Years audited
10
Clean years
9
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditurecombined across all audits filed that year | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $7.9M | Yes | 2026-03-31 |
| 2024 | Clean | Unmodified (Clean) | $8.8M | Yes | 2025-03-31 |
| 2023 | Clean | Unmodified (Clean) | $10.3M | Yes | 2024-03-05 |
| 2022 | Clean | Unmodified (Clean) | $18.1M | Yes | 2023-02-21 |
| 2021 | Clean | Unmodified (Clean) | $15.6M | No | 2022-03-12 |
| 2020 | Clean | Unmodified (Clean) | $16.3M | Yes | 2021-09-07 |
| 2019 | Clean | Unmodified (Clean) | $16M | No | 2020-01-02 |
| 2018 | Clean | Unmodified (Clean) | $16M | Yes | 2019-01-28 |
| 2017 | Minor Findings | Unmodified (Clean) | $35.9M | Yes | 2018-03-11 |
| 2016 | Clean | Unmodified (Clean) | $36.6M | Yes | 2017-03-01 |
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$7.9M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$8.8M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$10.3M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$18.1M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$15.6M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$16.3M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$16M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$16M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$35.9M
Financial Report
Unmodified (Clean)
Federal Expenditure, combined across all audits filed that year
$36.6M
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 | $43.2M | $2.8M | $47.7M | $124.5M | $99.3M |
| 2022IRS e-File | $43.5M | $4.8M | $48.4M | $126.4M | $98.2M |
| 2021 | $55.1M | $7.6M | $50.7M | $138.5M | $107M |
| 2020 | $50.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
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 |
|---|
| Dr Mirta M Martin | President | 55 | $194.1K | $0 | $6,148 | $200.3K |
| Kevin Reilly | Provost | 55 | $153K | $0 | $310 | $153.3K |
| Joseph Han | Former VP For Business And Finance | 40 | $77.6K | $0 | $3,864 | $81.5K |
| D Scott Showalter | Chair Of The Board Of Trus | 4 | $0 | $0 | $0 | $0 |
| W Jeffrey Booker | 1st Vice Chair | 0.8 | $0 | $0 | $0 | $0 |
| Everett Foxx | 2nd Vice Chair | 0.5 | $0 | $0 | $0 | $0 |
| Amanda Cox | Secretary | 0.8 | $0 | $0 | $0 | $0 |
Dr Mirta M Martin
President
$200.3K
Hrs/Wk
55
Compensation
$194.1K
Related Orgs
$0
Other
$6,148
Kevin Reilly
Provost
$153.3K
Hrs/Wk
55
Compensation
$153K
Related Orgs
$0
Other
$310
Joseph Han
Former VP For Business And Finance
$81.5K
Hrs/Wk
40
Compensation
$77.6K
Related Orgs
$0
Other
$3,864
D Scott Showalter
Chair Of The Board Of Trus
$0
Hrs/Wk
4
Compensation
$0
Related Orgs
$0
Other
$0
W Jeffrey Booker
1st Vice Chair
$0
Hrs/Wk
0.8
Compensation
$0
Related Orgs
$0
Other
$0
Everett Foxx
2nd Vice Chair
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Amanda Cox
Secretary
$0
Hrs/Wk
0.8
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Lois Williams | VP Enrollment And Marketing | 40 | $134.4K | $0 | $9,891 | $144.3K |
| Lisa Bowling | VP For Institutional Advancement | 40 | $116.5K | $0 | $9,661 | $126.1K |
| Angie Dahl | VP Of Student Affairs | 55 | $105.2K | $0 | $10.5K | $115.8K |
| Jason Powell | Asst VP Of Academic Affair | 55 | $103K | $0 | $11.5K | $114.6K |
Lois Williams
VP Enrollment And Marketing
$144.3K
Hrs/Wk
40
Compensation
$134.4K
Related Orgs
$0
Other
$9,891
Lisa Bowling
VP For Institutional Advancement
$126.1K
Hrs/Wk
40
Compensation
$116.5K
Related Orgs
$0
Other
$9,661
Angie Dahl
VP Of Student Affairs
$115.8K
Hrs/Wk
55
Compensation
$105.2K
Related Orgs
$0
Other
$10.5K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Annita P Nelson | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Baxter F Phillips Jr | Trustee | 0.8 | $0 | $0 | $0 | $0 |
| Bishop Sue Haupert-Johnson | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Carl Cline | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| David Arrington | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Denise Bates | Trustee |
Annita P Nelson
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Baxter F Phillips Jr
Trustee
$0
Hrs/Wk
0.8
Compensation
$0
Related Orgs
$0
Other
$0
Bishop Sue Haupert-Johnson
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
| $3.5M |
| $53.1M |
| $125.6M |
| $91.1M |
| 2019 | $52.1M | $2.6M | $53.8M | $124.8M | $92.4M |
| 2018 | $51.3M | $2.6M | $53.6M | $125.1M | $92.5M |
| 2017 | $57.7M | $5.7M | $54.4M | $124.2M | $92.8M |
| 2016 | $54M | $2M | $54.5M | $116.7M | $84.7M |
| 2015 | $58.4M | $2.2M | $57M | $120.2M | $86.9M |
| 2014 | $56.3M | $2.2M | $53.8M | $121.1M | $86.1M |
| 2013 | $54.3M | $3.2M | $52.6M | $114.2M | $78.5M |
| 2012 | $52.6M | $3.6M | $49M | $105.1M | $72.4M |
| 2011 | $50.5M | $2.4M | $44.9M | $100.1M | $70.2M |
| 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 | — |
| 2000 | 990 | — |
Jason Powell
Asst VP Of Academic Affair
$114.6K
Hrs/Wk
55
Compensation
$103K
Related Orgs
$0
Other
$11.5K
| 0.5 |
| $0 |
| $0 |
| $0 |
| $0 |
| F Abe Dymond | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Glynn Loope | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Greg Craddock | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| John Cougill | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Judson P Mason | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Nancy Walsh | Trustee | 0.5 | $0 | $0 | $0 | $0 |
| Ronald E Singleton | Trustee | 0.5 | $0 | $0 | $0 | $0 |
Carl Cline
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
David Arrington
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Denise Bates
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
F Abe Dymond
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Glynn Loope
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Greg Craddock
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
John Cougill
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Judson P Mason
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Nancy Walsh
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Ronald E Singleton
Trustee
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0