Nonprofit screen
Screen a listCarroll University Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$147Mrevenue
FY2025 · +2% in 3 yrs2,516staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin1.6%
Months of reserve0.1mo
Revenue growth (annualized)+2.1%
Middle half of peersMedianCarroll University
Where the money goes FY2025 · $145M spent
Programs$130M90%Management and general$13M9%Fundraising$1.5M1%990 FY2025 · Part IX line 25
Worth checking2
Government grants fell 80% in FY2023
$8.2M in FY2022, $1.7M in FY2023.
990 Part VIIIDeficits in 2 of the last 3 years
−$6.7M in FY2023 and −$7.2M in FY2024. Cash covers 0.1 months, under the peer median of 1.8.
990 Part I and balance sheetIn its favor1
Strong governance
23 of 24 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VI117funders
$1.5Ma year, last 3 years
22%from its largest funder
Funder’17’18’19’20’21’22’23Cordelia Pierce Hedges Tr Uw Co New CovenantSince FY2018$190k$194k$168k$527k$32k$42kUnited Way of Greater Milwaukee & Waukesha County IncSince FY2019$191k$191k$193k$192k$236kPrairie Springs Paul Fleckenstein Charitable TrustStopped after FY2019$230k$225k$250k–The Jaharis Family Foundation IncOn and off$500kEdgar a Thronson FoundationEvery year since FY2017$50k$50k$50k$50k$50k$75k$75kHamilton Family Foundation IncEvery year since FY2017$20k$20k$20k$25k$40k$40k$38kDonor-advised giftsDonors not disclosed$103k$184k$71k$248k$691k$690k$637k73 other fundersUp to $100k a year each$270k$141k$147k$304k$392k$170k$266k
FundedThrough a donor-advised fundStopped