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Florida · Nonprofit

Edward Waters University Inc

Edward Waters University Inc (Florida) receives grants from 39 organizations whose IRS filings report $11,126,655 to it, the largest being UNITED NEGRO COLLEGE FUND INC ($6,979,756). 17 of them have funded it in more than one year.

Revenue FY2025
$38M
Funders on record
39
Grants received
$11M
Net assets
$49M
17/39 repeat funderspeak grant-dependency 6%
01What it does

What Edward Waters University Inc does

Mission

The University strives to prepare students holistically to advance in a global society through the provision of intellectually stimulating programs and an environment which emphasizes high moral and spiritual values in keeping with the African Methodist Episcopal Church.

As stated on its FY2025 Form 990.

Programs

  1. To sustain a learning community in which students can prepare academically, socially, and spiritually for leadership in a complex, diverse and rapidly changing world.

    $23,164,898 spentof which $2,941,009 as grants$19,359,919 earned by the program
    82% of program spending
  2. Auxiliary enterprises support the Universitys mission of providing quality educational opportunities. These services include but are not limited to food service, campus housing, campus post office, vending, campus stores and athletics.

    $4,936,264 spent$6,576,764 earned by the program
    18% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $28,101,162.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($26M) Expenses 100 ($25M) Net assets 100 ($24M)2018 Revenue 106 ($28M) Expenses 106 ($27M) Net assets 105 ($25M)2019 Revenue 97 ($25M) Expenses 98 ($25M) Net assets 108 ($26M)2020 Revenue 111 ($29M) Expenses 100 ($25M) Net assets 124 ($30M)2021 Revenue 150 ($39M) Expenses 116 ($29M) Net assets 166 ($40M)2022 Revenue 177 ($46M) Expenses 170 ($43M) Net assets 177 ($43M)2023 Revenue 141 ($37M) Expenses 141 ($35M) Net assets 184 ($44M)2024 Revenue 135 ($35M) Expenses 136 ($34M) Net assets 192 ($46M)2025 Revenue 145 ($38M) Expenses 150 ($38M) Net assets 202 ($49M)
'17'18'19'20'21'22'23'24'25
Revenue (145)Expenses (150)Net assets (202)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $41M to $50M (+23%).

$36M
$36M
$37M
$41M
$50M
$56M
$55M
$56M
$62M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 21% · 2018 24% · 2019 24% · 2020 30% · 2021 49% · 2022 48% · 2023 29% · 2024 24% · 2025 27%. Grants only. Government contracts and fees sit inside program revenue.

30% of Edward Waters University Inc’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$858k
’17
$998k
’18
$669k
’19
$3.8M
’20
$9.9M
’21
$3.2M
’22
$1.4M
’23
$976k
’24
$196k
’25
1.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Bishop Frank M Reid III

Board Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed313130343425263032
Joined·+3+12+5+3+6+3+8+3
No longer listed·3131315241
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 13 funders, grant income rose $723k → $2.3M.

7 of 39 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Edward Waters University Inc’s funders (the co-funder graph). Top 30 of 39 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Edward Waters University Inc leans on a few funders — its largest provides 63% of grant income and the top three 78%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

90% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Edward Waters University Inc.

63%
largest funder
78%
top three
~2
effective funders

Largest funder’s share by year: 2017 77% · 2018 69% · 2019 77% · 2020 77% · 2021 68% · 2022 73% · 2023 46% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

28% of Edward Waters University Inc's funders are still giving 3 years after their first grant; 44% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

Edward Waters University Inc draws 78% of its grant income from funders outside Florida, across 13 states in all.

MN
NY
MA
PA
NJ
CA
MO
MD
NC
DC
AL
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Florida out of state home

Funder states come from each funder’s own filing. $170k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Edward Waters University Inc's funding base is broadening — from 7 funders to 13 as grant income climbed.

Operating margin1% · below the median
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Government funding Edward Waters University Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $62.2M on record — $62.2M federal, $2k state.

Federal$62.2M
grants $62.2Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Education$59.2M
  • Department of Health and Human Services$1.6M
  • Department of the Interior$1.0M
  • National Science Foundation$255k
  • Institute of Museum and Library Services$97k
State$2k
Top programs
  • REFUNDS - GENERAL $2k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Edward Waters University Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 24%Fundraising 1%

Governance

21
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for Edward Waters University Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Edward Waters University Inc?
Edward Waters University Inc (Florida) receives grants from 39 organizations whose IRS filings report $11,126,655 to it, the largest being UNITED NEGRO COLLEGE FUND INC ($6,979,756). 17 of them have funded it in more than one year.
How many funders does Edward Waters University Inc have?
IRS filings report 39 organizations giving $11,126,655 in grants to Edward Waters University Inc, 17 of which have funded it in more than one year.
Who is the largest funder of Edward Waters University Inc?
UNITED NEGRO COLLEGE FUND INC is the largest funder on record, with $6,979,756 in grants. The full list of funders is on this page.
How can an organization like Edward Waters University Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Edward Waters University →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 39 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing