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Lynn University Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 591023117 ✦ Boca raton, FL ✦ Designated as a 501(c)(3)

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Overview

What is Lynn University Inc?

Lynn University Inc, located in Boca Raton, Florida, is an independent, coeducational institution with a student population of over 3,300, representing more than 100 countries and nearly all 50 states. The university offers bachelor's, master's, and doctoral degrees, catering to both traditional students and adult learners. With 42 undergraduate majors, 14 graduate majors, and 39 graduate specializations, Lynn University is dedicated to helping students reach their full potential through innovative, global, and personalized education. The institution, founded in 1962 and accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), strives to engage, elevate, and expand by fostering a culture of pride, continuously improving and adapting, and expanding programs, services, opportunities, and capabilities.


Official website here: www.lynn.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Lynn University Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The rating is based solely on an accountability and finance score of 96%, indicating robust financial management and transparency in operations. This high score is crucial for potential donors who seek assurance that their contributions will be used effectively.

The organization boasts a predominantly independent board, with 90% of its members being independent, which enhances its governance and oversight capabilities. Furthermore, it has achieved full marks in key areas such as financial statements audit, material diversion of assets, and compliance with policies on conflict of interest and whistleblower protections. This demonstrates that Lynn University maintains rigorous standards in its operational practices.

Despite the excellent scores, the summary does not highlight any specific limitations or areas for improvement, suggesting that Lynn University Inc is operating at a high level of effectiveness. The organization’s strong program expense ratio of 82.11% further illustrates its focus on delivering mission-driven outcomes. Overall, Lynn University Inc stands out for its accountability and dedication to responsible financial stewardship.


This AI summary has been generated from information found on Charity Navigator.

Is Lynn University Inc legitimate?

Lynn University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynn University Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $5,918,171
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,391,999

For more financial information, click here


Official website here: www.lynn.edu

What is the mission statement of Lynn University Inc?

Lynn University is dedicated to providing a cutting-edge, personalized education that empowers students to reach their full potential. Founded in 1962, this independent, co-educational institution is accredited by the Southern Association of Colleges and Schools Commission on Colleges. Lynn University's mission is achieved through innovative curriculum, technology, and campus design. The University's strategic plan, Lynn 2025, outlines three key priorities: Engage, Elevate, and Expand. The Engage priority focuses on fostering a strong culture of pride, loyalty, and support among constituents. The Elevate priority aims to continually improve and adapt the Lynn experience, building on its solid foundations. Lastly, the Expand priority involves expanding programs, services, opportunities, and capabilities to cater to a wider range of students and needs.


Official website here: www.lynn.edu

Who is the CEO of Lynn University Inc?

Kevin Ross is the President of Lynn University Inc.


Official website here: www.lynn.edu

What is the revenue of Lynn University Inc?

Lynn University Inc's revenue in 2022 was $137,894,406.


Official website here: www.lynn.edu

Who are the executives of Lynn University Inc and what are their salaries?

The average compensation at Lynn University Inc during 2022 was $29,784. There are 1387 employees and 19 volunteers at Lynn University Inc.


Here are 27 key members and their salaries:


Kevin M Ross (President)
  • Compensation: $819,632
  • Related: $0
  • Other: $174,099
Christine E Lynn (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Milby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Snyder (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Perlman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Rehrig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul A Robino (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Langan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Carlsson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Rixon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Brad Osborne Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Rooney (Cfo & Treasurer)
  • Compensation: $412,551
  • Related: $0
  • Other: $68,777
Michael Antonello (General Counsel & Secretary)
  • Compensation: $244,683
  • Related: $0
  • Other: $65,430
Gregory J Malfitano (Svp For Development & Administration)
  • Compensation: $403,586
  • Related: $0
  • Other: $46,988
Christian G Boniforti (Chief Information Officer)
  • Compensation: $382,706
  • Related: $0
  • Other: $45,630
Gareth P Fowles (Vp For Enrollment Management)
  • Compensation: $389,279
  • Related: $0
  • Other: $20,548
Katrina Carter-Tellison (Vp For Academic Affairs)
  • Compensation: $260,360
  • Related: $0
  • Other: $46,340
Sherrie Weldon (Chief Marketing Officer)
  • Compensation: $258,921
  • Related: $0
  • Other: $38,217
Michael Petroski (Academic Dean)
  • Compensation: $211,938
  • Related: $0
  • Other: $22,490
Anthony Altieri (Vp For Student Life)
  • Compensation: $186,980
  • Related: $0
  • Other: $12,882
Devin Crosby (Athletics Director)
  • Compensation: $152,284
  • Related: $0
  • Other: $33,048
Ralph T Good (Dean College Of Business)
  • Compensation: $205,354
  • Related: $0
  • Other: $22,698
Ralph J Norcio (Associate Dean, Business School)
  • Compensation: $188,652
  • Related: $0
  • Other: $26,084
Mike Bolduc (Director Of Finance Operations)
  • Compensation: $169,766
  • Related: $0
  • Other: $40,691
Kathleen Weigel (Dean)
  • Compensation: $182,470
  • Related: $0
  • Other: $20,500
Robert Villa (Dean)
  • Compensation: $165,040
  • Related: $0
  • Other: $30,359
Matthew P Chaloux (Director, Auxiliary Svcs (Thru 10/21))
  • Compensation: $145,699
  • Related: $0
  • Other: $47,108


Official website here: www.lynn.edu

Where can I find the form 990 for Lynn University Inc?

Lynn University Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lynn.edu

Learn more at the official website: www.lynn.edu

Mission Statement of Lynn University Inc

Lynn University, a renowned educational institution, is dedicated to delivering an innovative, global, and personalized education that empowers students to reach their full potential. Founded in 1962, this independent, co-educational institution takes pride in being accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

Lynn University's mission lies in providing a transformative learning experience that goes beyond the conventional classroom setting. It strives to achieve this goal through an innovative curriculum, advanced technology, and thoughtfully designed campus facilities. The university's approach to education is centered on fostering a strong connection between students and their academic journey.

In the pursuit of this mission, Lynn University has outlined strategic priorities in its Lynn 2025 plan. Among these priorities are engaging with constituents, elevating the Lynn experience, and expanding programs, services, opportunities, and capabilities. By fostering a culture of pride, loyalty, and support, Lynn University aims to further enhance the educational experience it offers. Through continuous improvement and adaptation, the institution aspires to elevate its offerings and remain at the forefront of innovation in education.

Moreover, Lynn University is committed to expanding its reach and impact. This expansion encompasses the introduction of new programs, services, and opportunities, enabling the institution to cater to a wider student population. By staying true to its mission and embracing its strategic priorities, Lynn University is well-positioned to shape the future of education and empower its students to unlock their untapped potential.

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Impact




October, 2024

Lynn University Inc. has made a significant impact in the realm of education by offering an innovative, global, and personalized learning experience. Serving over 3,300 students from more than 100 countries and nearly all 50 states, the university fosters a diverse and inclusive environment that promotes cross-cultural understanding.

With a comprehensive academic program, Lynn University provides 42 undergraduate majors, 14 graduate majors, and 39 graduate specializations, catering to both traditional-aged students and a growing population of adult learners. This breadth of offerings allows students to pursue their passions and gain expertise in their chosen fields, ultimately preparing them to take on leadership roles in various professions.

The university’s commitment to student-centered learning sets it apart, as faculty and staff prioritize personalized attention and support for students with varying academic backgrounds. This approach not only nurtures academic excellence but also empowers individuals to realize their full potential.

Through its strategic initiatives outlined in the Lynn 2025 Strategic Plan, the institution emphasizes engagement, elevation of the student experience, and expansion of programs and services. These priorities underline the university's dedication to continuous improvement and adaptation to meet the evolving needs of its student population.

Overall, Lynn University Inc. plays a crucial role in shaping future leaders, promoting educational access, and fostering a culture of support and innovation within the academic community. Its impact extends beyond the classroom, influencing students’ personal and professional journeys and contributing to the broader societal landscape.




This information is meant to be a general summary of Lynn University Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$137,894,406 (2022)
Expenses
$133,155,601 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$633,655
  • Program Service Revenue: $129,162,299
  • Gross Receipts: $162,944,308

Assets and Liabilities:

  • Total Assets: $202,054,235
  • Total Liabilities: $75,148,601
  • Net Assets: $126,905,634

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & RELATED FEES

Revenue

$111,321,756

ROOM & BOARD

Revenue

$15,620,528

CAMP FEES

Revenue

$2,088,584

STUDENT ACTIVITY INC.

Revenue

$92,165

CONFERENCE INCOME

Revenue

$39,266

Organization Details

Founding Year

1962

Principal Officer

Kevin Ross

Main Address

3601 NORTH MILITARY TRAIL, BOCA RATON, FL, 33431

NTEE Category

Code: B430 - Education

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