Webster University

Nonprofit profile at a glance

EIN
430662529
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
St Louis, MO, USA
Phone
3149686900
Rating
78
Verdict
SUPPORTED
Rating confidence
Standard
Sector
University or Technological Institute

Official website

Reported finances

Revenue
$166,552,505
Expenses
$183,097,322
Assets
$284,011,887
Liabilities
$126,220,975

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

Leadership & pay

30 people listed

Executive titles in this filing

  • Julian Schuster (President)
  • Lisa Blazer (Vice President Enrollment Mgmt)
  • Nancy Hellerud (Vice President Academic Affairs)

Highest reported compensation

  • Julian Schuster (President): $774,161 total reported compensation
  • Elizabeth Stroble (Chancellor - End 06/30/2024): $767,876 total reported compensation
  • Timothy Keane (Chancellor - Start 06/30/2024): $254,942 total reported compensation

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

Overview

Mission

Webster University nurtures the skills, knowledge and personal growth of our students, cultivating learners who are engaged citizens, ready to create meaningful change in their communities and the world. People are the greatest resource at Webster, and the institution is committed to responsibly caring for them, as well as the resources entrusted to the institution in ways that align with our values. Recognizing that it is a privilege to hold the trust, time, talents and dedication of others, we actively care for the well-being and development of our students, faculty and staff. A group of campus leaders pose for a photo. We commit to growth and reflective practices that enhance our programs, processes and impacts, continually elevating our service to the community and advancing our mission. We embrace a mindset of lifelong learning, honest self-reflection and emotional intelligence...

What it reported doing in 2024

With its home campus in st. Louis, Missouri, USA, webster university comprises an action-oriented global network of faculty, staff, students and alumni who forge powerful bonds with each other and with their communities around the globe. Founded in 1915, webster is a private non-profit university with students studying at campus locations in north america, europe, asia and africa and in a robust learning environment online. (continued on schedule o)

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 70% for direct work, and 30% for grants.
  • 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. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 86
  • Accountability: 90
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.7%; rating input score 95
  • Program expense ratio: 84.7%; rating input score 85
  • Fundraising efficiency: $2.64 raised per $1 spent on fundraising; rating input score 8; 8th 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: 1 of 8 controls in place; rating input score 12
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Fail
    • Conducts site visits: Fail
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 49th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 81.8%; rating input score 82; 29th 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: -9.9%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 1.55; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 41; 41st percentile among comparable filings
  • Officer compensation ratio: 2%; rating input score 55; 55th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -2.3% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 5th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site
  • Where the money goes: 94.7% of revenue deployed · 84.7% of spending went to programs
  • Governance: 18 of 22 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $155.1M in reported program spending
  • Leadership: top reported pay $774K · 30 people listed · 6 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $15.7M reported
  • Consistency: 46 of 46 current checks pass
  • Schedules: 13 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: 13 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.

Key Signals

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

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 8/100.
  • High — Sustainability: Operating margin scored 8/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 41/100.
  • Review — Sustainability: Officer compensation ratio scored 55/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.