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Nonprofit · EIN 58-1216007

LIFE UNIVERSITY INC

Tax-exempt · MARIETTA, GA 30060

Financials

$90.6M$92.7M2022$92M$94.9M2023$89.1M$90.5M2024
Revenue Expenses · by fiscal year end
Financials of LIFE UNIVERSITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$89,113,422$90,466,698-$1,353,276$121,040,508$93,981,836$27,058,672
June 30, 2024990$91,953,423$94,945,024-$2,991,601$125,711,837$98,037,501$27,674,336
June 30, 2023990$90,628,907$92,654,319-$2,025,412$131,062,650$101,660,963$29,401,687
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,305,623
Program service revenue
$85,151,009
Investment income
$1,419,291
Net rental income
$151,622
Net gain from sales of assets
$780,504
Net income from fundraising events
$85,877
Other revenue
$237,499

Expenses

Grants and similar amounts paid
$8,606,991
Compensation of officers, directors and key employees
$1,883,990
Other salaries and wages
$32,678,506
Salaries, compensation and benefits (total)
$41,403,676
Professional fundraising fees
$0
Legal fees
$335,803
Accounting fees
$253,648
Occupancy
$4,128,258
Travel
$2,003,412
Depreciation
$8,479,180
Program services (functional)
$54,896,948
Management and general (functional)
$34,393,826
Fundraising (functional)
$1,175,924

Balance sheet and other

Total assets, start of year
$125,711,837
Total assets, end of year
$121,040,508
Total liabilities, end of year
$93,981,836
Net assets, end of year
$27,058,672
Land, buildings and equipment
$75,729,251
Net assets without donor restrictions
$14,948,921
Net assets with donor restrictions
$12,109,751
Gross receipts
$91,432,856
Employees
1,006
Volunteers
250
Year formed
1974
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Robert ScottPresident
Officer
40$460,020$35,066
William JarrExecutive VP of Finance
Officer
40$301,400$6,392
Jana HolwickProvost/CAO
Officer
40$264,000$16,926
Gilles LamarcheVP of University Advancement
Officer
40$247,000$22,157
John DownesVP Global Initiatives
Officer
40$166,336$20,691
Marc SchneiderVP of Operations
Officer
40$171,354$3,747
Robert FoxProfessor
Highest-paid employee
40$153,277$20,546
Leslie KingAssociate VP of Academic Affairs
Highest-paid employee
40$165,880$3,547
Bernadette LavenderAssociate Dean
Highest-paid employee
40$142,884$17,660
Cedric GaddyChief Financial Officer
Officer
40$143,694$15,989
Michael ClusserathDean of College of Chiropractic
Highest-paid employee
40$155,295$3,400
Mary FaustProfessor
Highest-paid employee
40$152,161$3,310
Aaron GagnonTrustee
Trustee or director
2$0$0
Jack GriesbaumTrustee
Trustee or director
2$0$0
Janell GibsonTrustee
Trustee or director
2$0$0
10 more people on this return
NameTitleHours / weekCompensation
Jay HandtTrustee
Trustee or director
2$0
Jeffrey AitaTrustee
Trustee or director
2$0
Joseph LupoTrustee
Trustee or director
2$0
Kevin FogartyTrustee
Trustee or director
2$0
Leana KartTrustee
Trustee or director
2$0
Randy O'DellTrustee
Trustee or director
2$0
Richard GiuliTrustee
Trustee or director
2$0
Sandra ElbaumTrustee
Trustee or director
2$0
Stuart KatzenTrustee
Trustee or director
2$0
William CullenTrustee
Trustee or director
2$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
ROBERT SCOTTPRESIDENT
Officer
40$453,082$37,308
WILLIAM JARREXECUTIVE VP OF FINANCE
Officer
40$297,169$6,471
GILLES LAMARCHEVP OF UNIVERSITY ADVANCEMENT
Officer
40$247,000$22,768
JANA HOLWICKVP OF ACADEMIC AFFAIRS
Officer
40$223,164$14,041
MARC SCHNEIDERVP OF STUDENT AFFAIRS
Officer
40$171,250$13,585
JOHN DOWNESVP GLOBAL INITIATIVES
Officer
40$163,644$20,705
ROXANNE KEMPCHIEF ONLINE EDUCATION OFFICER
Highest-paid employee
40$152,953$28,357
LESLIE KINGASSOCIATE VP, ACADEMIC AFFAIRS
Highest-paid employee
40$158,209$14,049
ROBERT FOXPROFESSOR
Highest-paid employee
40$150,295$19,187
MARY FAUSTDEAN. COLLEGE OF GRADUATE & UG
Highest-paid employee
40$165,805$3,583
MICHAEL CLUSSERATHDEAN. COLLEGE OF CHIROPRACTIC
Highest-paid employee
40$152,953$3,720
JEFFREY AITATRUSTEE
Trustee or director
2$0$0
EDDY DIAZTRUSTEE
Trustee or director
2$0$0
SANDRA ELBAUMTRUSTEE
Trustee or director
2$0$0
KEVIN FOGARTYTRUSTEE
Trustee or director
6$0$0
AARON GAGNONTRUSTEE
Trustee or director
2$0$0
JANELL GIBSONTRUSTEE
Trustee or director
2$0$0
RICHARD GIULITRUSTEE
Trustee or director
2$0$0
R JAMES GREGGTRUSTEE
Trustee or director
0.25$0$0
JACK GRIESBAUMTRUSTEE
Trustee or director
2$0$0
JAY HANDTTRUSTEE
Trustee or director
2$0$0
LEANA KARTTRUSTEE
Trustee or director
2$0$0
STUART KATZENTRUSTEE
Trustee or director
2$0$0
JOSEPH LUPOTRUSTEE
Trustee or director
2$0$0
RANDOLPH O'DELLTRUSTEE
Trustee or director
2$0$0
MARY OLODUNTRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
ROBERT SCOTTPRESIDENT
Officer
40$416,210$46,926
WILLIAM JARREXECUTIVE VP OF FINANCE
Officer
40$278,506$34,345
GILLES LAMARCHEVP UNIV. Advancement
Officer
40$226,600$32,473
TIMOTHY GROSSVP INST. PLANNING & EFFECTIVEN
Officer
40$218,024$19,059
JANA HOLWICKVP OF ACADEMIC AFFAIRS
Officer
40$179,662$17,787
JOHN DOWNESVP GLOBAL INITIATIVES
Officer
40$143,929$31,032
MARC SCHNEIDERVP STUDENT AFFAIRS
Officer
40$154,081$17,353
GERARD CLUMPRE. LIAISON FOR EXT. AFFAIRS
Highest-paid employee
40$165,121$5,882
MICHAEL CLUSSERATHDEAN. COLLEGE OF CHIROPRACTIC
Highest-paid employee
40$139,413$29,912
MARY FAUSTDEAN. COLLEGE OF GRADUATE & UG
Highest-paid employee
40$158,885$4,930
ANDREI BOURDEINYIPROFESSOR
Highest-paid employee
40$128,661$4,281
LISA REEDDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
40$127,692$269
JEFFREY AITATRUSTEE
Trustee or director
2$0$0
EDDY DIAZTRUSTEE
Trustee or director
2$0$0
SANDRA ELBAUMTRUSTEE
Trustee or director
2$0$0
KEVIN FOGARTYBOARD CHAIR
Trustee or director
6$0$0
AARON GAGNONTRUSTEE
Trustee or director
2$0$0
JANELL GIBSONTRUSTEE
Trustee or director
2$0$0
RICHARD GIULITRUSTEE
Trustee or director
2$0$0
JACK GRIESBAUMTRUSTEE
Trustee or director
2$0$0
JAY HANDTTRUSTEE
Trustee or director
2$0$0
T FITZ JOHNSONTRUSTEE
Trustee or director
2$0$0
LEANA KARTTRUSTEE
Trustee or director
2$0$0
STUART KATZENTRUSTEE
Trustee or director
2$0$0
JOSEPH LUPOTRUSTEE
Trustee or director
2$0$0
RHONDA NEWTONTRUSTEE
Trustee or director
2$0$0
RANDOLPH O'DELLTRUSTEE
Trustee or director
2$0$0
MARY OLODUNTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1269 BARCLAY CIR SE, MARIETTA, GA 30060-2903
In care of
% CEDRIC GADDY
Principal officer (990 for 2024)
CEDRIC GADDY, 1269 BARCLAY CIRCLE, MARIETTA, GA 30060
Signed the 990
CEDRIC GADDY, CFO
Phone
(770) 426-2884
Return prepared by
BDO USA

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • COLLEGE OF CHIROPRACTIC (SEE SCHEDULE O)
    Expenses $37,193,285 · grants $5,786,492 · revenue $67,823,556
  • COLLEGE OF UNDERGRADUATE STUDIES (SEE SCHEDULE O)
    Expenses $14,281,387 · grants $2,411,479 · revenue $14,981,455
  • MASTERS DEGREE PROGRAM (SEE SCHEDULE O)
    Expenses $2,069,540 · grants $334,770 · revenue $2,345,998
  • RESEARCH
    Expenses $1,352,736 · grants $74,250

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
58-1216007
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1977
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$121,040,508
Income (IRS master file)
$91,432,856

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$89,113,422$90,466,698$121,040,508IRS
990June 2024$91,953,423$94,945,024$125,711,837IRS
990June 2023$90,628,907$92,654,319$131,062,650XML
990June 2022$88,609,092$87,808,500$134,199,020IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1216007).

Questions about LIFE UNIVERSITY INC

What is the EIN of LIFE UNIVERSITY INC?
The employer identification number (EIN) of LIFE UNIVERSITY INC is 58-1216007.
Is LIFE UNIVERSITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to LIFE UNIVERSITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFE UNIVERSITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIFE UNIVERSITY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFE UNIVERSITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LIFE UNIVERSITY INC?
The 990 for the year ended June 30, 2025 names CEDRIC GADDY.
Who are the officers and directors of LIFE UNIVERSITY INC?
The 990 for the year ended June 30, 2025 lists 25 people; 12 received compensation from the organization, the highest $460,020 (Robert Scott, President).
How much revenue does LIFE UNIVERSITY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $89,113,422, expenses of $90,466,698 and total assets of $121,040,508 at year end.

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