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TO SUPPORT FLORIDA ATLANTIC UNIVERSITY (FAU).
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$49.8M
Program Spending
92%
of total expenses go to program services
Total Contributions
$28.3M
Total Expenses
▼$43.1M
Total Assets
$462.8M
Total Liabilities
▼$49.2M
Net Assets
$413.7M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$19.4M
Fundraising
▼$1M
Tax Year 2023 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $39M
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
FLORIDA ATLANTIC UNIVERSITY65-0385507 | BOCA RATON, FL | $18.6M | Cash | ACADEMIC, RESEARCH AND INSTITUTIONAL SUPPORT |
FLORIDA ATLANTIC UNIVERSITY65-0385507 | BOCA RATON, FL | $14.5M | Cash | STUDENT SCHOLARSHIPS |
FLORIDA ATLANTIC UNIVERSITY65-0385507 | BOCA RATON, FL | $5.5M | Cash | FUNDING OF UNIVERSITY'S INFRASTRUCTURE |
FLORIDA PREPAID COLLEGE FOUNDATION59-3012202 | TAMPA, FL | $290.9K | Cash | STUDENT SCHOLARSHIPS |
| Total | $39M | |||
FLORIDA ATLANTIC UNIVERSITY
BOCA RATON, FL
$18.6M
FLORIDA ATLANTIC UNIVERSITY
BOCA RATON, FL
$14.5M
FLORIDA ATLANTIC UNIVERSITY
BOCA RATON, FL
$5.5M
TAMPA, FL
$290.9K
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
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 | $49.8M | $28.3M | $43.1M | $462.8M | $413.7M |
| 2022IRS e-File | $51.5M | $32.5M | $33.1M | $437.2M | $386M |
| 2021 | $44.2M | $35.7M | $22.2M | $393.4M | $385.3M |
| 2020 | $38.6M |
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)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| David Kian | Interim CEO | 40 | $0 | $434.7K | $54.7K | $489.4K |
| Michelle Depalma | CFO | 40 | $0 | $197.8K | $40.1K | $237.9K |
| Michael L Miller | Treasurer & Finance Committee Chair | 2 | $0 | $0 | $0 | $0 |
| Brian Poulin | Executive Committee Chair | 2 | $0 | $0 | $0 | $0 |
| Steven Schmidt | Immediate Past Chair | 0.5 | $0 | $0 | $0 | $0 |
| Cheryl Wilke | Vice Chair & Secretary | 2 | $0 | $0 | $0 | $0 |
David Kian
Interim CEO
$489.4K
Hrs/Wk
40
Compensation
$0
Related Orgs
$434.7K
Other
$54.7K
Michelle Depalma
CFO
$237.9K
Hrs/Wk
40
Compensation
$0
Related Orgs
$197.8K
Other
$40.1K
Michael L Miller
Treasurer & Finance Committee Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Brian Poulin
Executive Committee Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Steven Schmidt
Immediate Past Chair
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Cheryl Wilke
Vice Chair & Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Barbara Feingold | Fau Bot Representative, Until 2/2024 | 0.5 | $0 | $0 | $0 | $0 |
| Charles Cartwright | Director | 0.5 | $0 | $0 | $0 | $0 |
| Daniel Joseph | Audit Committee Chair | 2 | $0 | $0 | $0 | $0 |
| Earnie Ellison | Fau Bot Representative, As Of 3/2024 | 0.5 | $0 | $0 | $0 | $0 |
| Ed Ventrice | Investment Committee Chair | 2 | $0 | $0 | $0 | $0 |
| Ian Swartz |
Barbara Feingold
Fau Bot Representative, Until 2/2024
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Charles Cartwright
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Daniel Joseph
Audit Committee Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Individuals who previously served as officers or key employees.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| John Kelly | Former Fau President | — | $0 | $539.1K | $48.5K | $587.6K |
John Kelly
Former Fau President
$587.6K
Hrs/Wk
—
Compensation
$0
Related Orgs
$539.1K
Other
$48.5K
| $12.4M |
| $31.5M |
| $305.9M |
| $296.3M |
| 2019 | $45.2M | $32.8M | $43.6M | $322M | $310.8M |
| 2018 | $39.5M | $30M | $36.6M | $328.8M | $315.6M |
| 2017 | $40.4M | $32.2M | $22.7M | $312.3M | $301.4M |
| 2016 | $29.5M | $23.5M | $19.7M | $275.9M | $264.3M |
| 2015 | $69.9M | $27M | $19.4M | $272.5M | $261.1M |
| 2014 | $20.5M | $10.7M | $18.8M | $260.1M | $248.3M |
| 2013 | $22.2M | $12.4M | $17.6M | $238.2M | $226.2M |
| 2012 | $16.1M | $11.3M | $15.8M | $224.9M | $207.5M |
| 2011 | $18M | $10M | $11.7M | $227.9M | $209.8M |
| 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 | — |
| Director, As Of 11/14/23 |
| 0.5 |
| $0 |
| $0 |
| $0 |
| $0 |
| Keith Sanders | Nominating & Gov. Committee Chair | 2 | $0 | $0 | $0 | $0 |
| Michael Yoon | Limited Purpose Director | 0.5 | $0 | $0 | $0 | $0 |
| Noel Gonzalez | Director | 0.5 | $0 | $0 | $0 | $0 |
| Pamela Rondi Noel | Director | 0.5 | $0 | $0 | $0 | $0 |
| Paul Kilgallon | Director | 0.5 | $0 | $0 | $0 | $0 |
| Peter Moore | Director | 0.5 | $0 | $0 | $0 | $0 |
| Phyllis Gladstein | Director | 0.5 | $0 | $0 | $0 | $0 |
| Raul Valero | Philanthropy Committee Chair | 2 | $0 | $0 | $0 | $0 |
| Richard Stone | Director | 0.5 | $0 | $0 | $0 | $0 |
| Sally Rowley-Williams | Director | 0.5 | $0 | $0 | $0 | $0 |
| Stacy Volnick | Interim Fau President | 0.5 | $0 | $576.9K | $99.7K | $676.7K |
| Stewart Martin | Director | 0.5 | $0 | $0 | $0 | $0 |
| William E Morris | Ltd. Purpose Director & Re Committee Chair | 1 | $0 | $0 | $0 | $0 |
Earnie Ellison
Fau Bot Representative, As Of 3/2024
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Ed Ventrice
Investment Committee Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Ian Swartz
Director, As Of 11/14/23
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Keith Sanders
Nominating & Gov. Committee Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Michael Yoon
Limited Purpose Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Noel Gonzalez
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Pamela Rondi Noel
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Paul Kilgallon
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Peter Moore
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Phyllis Gladstein
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Raul Valero
Philanthropy Committee Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Richard Stone
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Sally Rowley-Williams
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
Stacy Volnick
Interim Fau President
$676.7K
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$576.9K
Other
$99.7K
Stewart Martin
Director
$0
Hrs/Wk
0.5
Compensation
$0
Related Orgs
$0
Other
$0
William E Morris
Ltd. Purpose Director & Re Committee Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0