University of Mount Union
Nonprofit profile at a glance
- EIN
- 340714687
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2024
- Location
- Alliance, OH, USA
- Phone
- 3308236572
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Undergraduate College (4-year)
Reported finances
- Revenue
- $120,336,073
- Expenses
- $107,184,287
- Assets
- $343,621,500
- Liabilities
- $21,247,143
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
47 people listed
Executive titles in this filing
- Gregory King (President)
Highest reported compensation
- Gregory King (President): $469,454 total reported compensation
- Patrick Heddleston (Senior VP & CFO): $353,595 total reported compensation
- Sandy Madar (VP Academic Affairs/Dean CNHS): $222,194 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 Mount Union’s mission statement has been reconfirmed as part of its strategic planning process, including the most recent strategic planning effort resulting in “Students First – A Strategic Action Plan 2024-2027.”. _Students First_ also includes a new vision statement and purpose statement, which in combination with the mission, serve as checks and balances for the plan. A coalition representing trustees, faculty, administration, staff, students, and community partners was established to develop the vision and purpose statement that would operationalize the mission and set the foundation for the institution’s next strategic plan. The group referenced the mission statement, as well as our founder Orville Nelson’s Hartshorn vision of an institution where men and women could be educated with equal opportunity, where science would parallel the humanities, where...
What it reported doing in 2024
Intercollegiate athletcis is a program service that is offered to our students. The university has 25 different men's and women's teams available under the authority of ncaa division iii. In the current year, 845 students competed in at least one sport and the university has a steep tradition in the Ohio athletic conference, the third oldest conference in the country. Many of our athletic teams are very competitive, both within the oac and on a national stage. Program expenses within intercollegiate athletics represents compensation for coaches and team expenses, while revenue only encompasses ticket sales. As a division iii school, mount union offers no athletic scholarships, allowing our students to participate in intercollegiate athletics as an extension of their overal living and learning experience.
Operating model
- Revenue model
- Other-operating. 83% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 57% for direct work, and 43% 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: 81
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.6%; rating input score 87
- Program expense ratio: 90.5%; rating input score 91
- Fundraising efficiency: $4.67 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 6 of 6 controls in place; rating input score 100
- Compensation committee: Pass
- Independent consultant: Pass
- 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: 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: 10.9%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 3.21; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 12th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site
- Where the money goes: 86.6% of revenue deployed · 90.5% of spending went to programs
- Governance: 36 of 36 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $97M in reported program spending
- Leadership: top reported pay $469K · 47 people listed · 6 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.8M reported
- Consistency: 41 of 41 current checks pass
- Schedules: 12 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 19/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.