University of Evansville

Nonprofit profile at a glance

EIN
350868074
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2011
Location
Evansville, Indiana, USA
Phone
812-488-2000
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
University or Technological Institute

Official website

Reported finances

Revenue
$124,084,003
Expenses
$126,409,853
Assets
$381,501,599
Liabilities
$112,337,472

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

Leadership & pay

43 people listed

Executive titles in this filing

  • CM PIETRUSZKIEWICZ (President)
  • DONNA TEAGUE (Vice President)
  • MARY KESSLER (Vice President)
  • JILL GRIFFIN (Vice President)
  • ABIGAIL WERLING (Vice President)
  • RACHEL CARPENTER (Vice President)

Highest reported compensation

  • CM PIETRUSZKIEWICZ (President): $561,402 total reported compensation
  • DAVID RAGLAND (BASKETBALL COACH): $345,035 total reported compensation
  • EMMANUEL SIEGFRIED (ATLETIC DIRECTOR): $273,860 total reported compensation

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

Overview

Mission

The University of Evansville provides a transformative education that fosters critical and creative thinking and produces ethical, global citizens equipped to thrive in a world of complexity and change.

What it reported doing in 2024

Educational servicesstudents have acquired a broad foundation in the liberal arts and sciences through the general education program together with a depth of knowledge in one or more disciplines of their choice. Personal growth has been achieved through improved critical self-awareness and personal creativity. Students have mastered communication, organizational, and critical thinking skills and have gained an understanding of the global nature of our world and learned about other cultures. They have had the opportunity to participate in international studies programs. Students have learned the necessity of being actively involved in their communities through involvement in study, internships, and extracurricular activities. Students have developed skills and competencies to be productive team members and leaders. They have learned to understand the ethical significance of their personal and professional decisions. Students have also learned to seek and use available resources, including technology, to answer questions and solve problems. Students have been encouraged to become committed to lifelong learning.

Operating model

Revenue model
Earned-program. 81% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 77
  • Accountability: 92
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.1%; rating input score 96
  • Program expense ratio: 91.8%; rating input score 92
  • Fundraising efficiency: $8.45 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 87.1%; rating input score 87; 34th percentile among comparable filings
  • Governance controls: 8 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: Limited
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.9%; rating input score 19; 19th percentile among comparable filings
  • Total-asset coverage ratio: 3.02; rating input score 76; 76th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 56; 56th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 47; 47th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 10th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 7th percentile among comparable filings
  • Asset growth: 3.3% per year; rating input score 100; 22nd percentile among comparable filings

Details

  • What they do: 1 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 96.1% of revenue deployed · 91.8% of spending went to programs
  • Governance: 27 of 31 board members independent · 8 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $116M in reported program spending
  • Leadership: top reported pay $561K · 43 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $7.5M reported
  • Consistency: 42 of 42 current checks pass
  • Schedules: 14 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 34 filed money-flow records
  • Related organizations: 25 filed related-organization links
  • 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.

Key Signals

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

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
  • High — Sustainability: Operating margin scored 19/100.
  • Moderate — Sustainability: Officer compensation ratio scored 47/100.
  • Review — Sustainability: Liabilities to assets ratio scored 56/100.