Harrisburg University of Science and Technology

Nonprofit profile at a glance

EIN
251900793
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Harrisburg, PA, USA
Phone
7179015100
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
University or Technological Institute

Official website

Reported finances

Revenue
$80,148,800
Expenses
$80,776,411
Assets
$202,483,019
Liabilities
$179,407,673

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

26 people listed

Executive titles in this filing

  • DAVID SCHANKWEILER (INTERIM PRESIDENT)
  • BILITA MATTES (STEM-UP EXECUTIVE DIRECTOR)
  • LARRY HOLMES JR (EXECUTIVE DIRECTOR CENTER)
  • JOHN CHAMPOLI (VP PRESIDENT OF ENROLLMENT)
  • JAY JAYAMOHAN (EXECUTIVE DIRECTOR OF NEW VENTURES AND LECTURER)
  • ERIC DARR (FORMER PRESIDENT)

Highest reported compensation

  • ERIC DARR (FORMER PRESIDENT): $637,897 total reported compensation
  • DUANE MAUN (CFO AND COO): $461,642 total reported compensation
  • LARRY HOLMES JR (EXECUTIVE DIRECTOR CENTER): $333,073 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule othe harrisburg university of science and technology offers innovative academic and research programs in science and technology that respond to local and global needs. The institution fosters a diverse community of learners, provides access and support to students who want to pursue a career in science and technology, and supports business creation and economic development.

What it reported doing in 2024

Harrisburg university offers undergraduate, graduate, certificate, and phd programs in applied science and technology fields for a diversity of student learners. By integrating experiential learning with business mentors and internships, harrisburg university educates career-minded individuals in nationally critical science, technology, engineering and math (stem) careers, giving them the tools to succceed in a 21st century knowledge-based economy.

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.1%; rating input score 75
  • Program expense ratio: 75.1%; rating input score 75
  • Fundraising efficiency: $7.43 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: 2 of 8 controls in place; rating input score 25
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Limited
    • Conducts field audits: Limited
    • May suspend future funding: Limited
    • Requires financial reports: Limited
    • Conducts site visits: Limited
    • Requires grant agreements: Pass
    • May require repayment: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.8%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 2.51; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.89; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 3.8%; rating input score 27; 27th percentile among comparable filings

Growth

  • Program expense growth: 10.5% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 11.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 75.1% of revenue deployed · 75.1% of spending went to programs
  • Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $60.7M in reported program spending
  • Leadership: top reported pay $638K · 26 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $6.7M reported
  • Consistency: 40 of 40 current checks pass
  • Schedules: 14 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 10 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • High — Sustainability: Operating margin scored 23/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • High — Sustainability: Officer compensation ratio scored 27/100.