Nonprofit · EIN 63-0329409
FAULKNER UNIVERSITY
Tax-exempt · MONTGOMERY, AL 36109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $84,294,916 | $74,453,088 | $9,841,828 | $128,342,493 | $45,424,587 | $82,917,906 |
| May 31, 2024 | 990 | $83,641,697 | $71,300,188 | $12,341,509 | $115,341,167 | $43,161,551 | $72,179,616 |
| May 31, 2023 | 990 | $65,624,113 | $65,600,377 | $23,736 | $100,457,914 | $42,772,777 | $57,685,137 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $19,794,977
- of which government grants
- $3,873,262
- Program service revenue
- $61,540,752
- Investment income
- $2,007,592
- Net rental income
- $104,302
- Net gain from sales of assets
- $289,528
- Net income from fundraising events
- -$437,124
- Other revenue
- $951,595
Expenses
- Grants and similar amounts paid
- $15,180,620
- Compensation of officers, directors and key employees
- $1,237,206
- Other salaries and wages
- $24,834,543
- Salaries, compensation and benefits (total)
- $31,718,364
- Professional fundraising fees
- $0
- Accounting fees
- $81,985
- Occupancy
- $3,384,385
- Travel
- $1,040,406
- Depreciation
- $4,252,725
- Program services (functional)
- $65,338,304
- Management and general (functional)
- $7,851,353
- Fundraising (functional)
- $1,263,431
Balance sheet and other
- Total assets, start of year
- $115,341,167
- Total assets, end of year
- $128,342,493
- Total liabilities, end of year
- $45,424,587
- Net assets, end of year
- $82,917,906
- Land, buildings and equipment
- $65,151,613
- Publicly traded securities
- $44,187,921
- Net assets without donor restrictions
- $38,115,686
- Net assets with donor restrictions
- $44,802,220
- Gross unrelated business income
- $107,302
- Gross receipts
- $88,447,888
- Employees
- 1,012
- Volunteers
- 200
- Year formed
- 1942
- State of legal domicile
- AL
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| D MITCHELL HENRY | UNIVERSITY PRESIDENT Officer | 60 | $292,157 | $24,164 |
| JUSTIN BOND | DEAN-COLLEGE OF BUSINESS Key employee | 50 | $177,528 | $20,962 |
| DAVE RAMPERSAD | VICE PRESIDENT- ACADEMIC AFFAIRS Highest-paid employee | 50 | $141,611 | $55,829 |
| RICHARD BOUTWELL | CHIEF OF STAFF Key employee | 50 | $195,053 | $293 |
| CHARLES CAMPBELL | DEAN-JONES SCHOOL OF LAW Key employee | 50 | $169,292 | $12,352 |
| GERALD JONES | UNIVERSITY GENERAL COUNSEL Highest-paid employee | 50 | $155,476 | $22,506 |
| MICHAEL DEBOER | ASSOCIATE PROFESSOR; ASSOC Highest-paid employee | 40 | $144,558 | $22,692 |
| HEATH WILLINGHAM | DIRECTOR, MSC PROGRAM Highest-paid employee | 40 | $152,452 | $11,863 |
| HEATHER MOUNT | DIRECTOR, DPT PROGRAM Highest-paid employee | 40 | $151,505 | $9,800 |
| JOSEPH VICKERY | VICE PRESIDENT-FINANCE Officer | 50 | $130,441 | $1,374 |
| ERNIE CHAPPELL | TRUSTEE Trustee or director | 0 | $0 | $0 |
| JOHN DEBERRY | TRUSTEE Trustee or director | 0 | $0 | $0 |
| STANLEY GRAY | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR MANSEL LONG JR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| RHONDA FERNANDEZ | TRUSTEE Trustee or director | 0 | $0 | $0 |
31 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SENATOR JABO WAGGONER | TRUSTEE Trustee or director | 0 | $0 |
| DR RICHARD WILLIAMS | TRUSTEE Trustee or director | 0 | $0 |
| DR KRISTI BUSBY | TRUSTEE Trustee or director | 0 | $0 |
| DR BUD STUMBAUGH | TRUSTEE Trustee or director | 0 | $0 |
| TIM RICHARDSON | TRUSTEE Trustee or director | 0 | $0 |
| DR HENRI MCDANIEL | TRUSTEE Trustee or director | 0 | $0 |
| BRIAN MITCHELL | TRUSTEE Trustee or director | 0 | $0 |
| STEVE BRANNAN | TRUSTEE Trustee or director | 0 | $0 |
| SID AULTMAN | TRUSTEE Trustee or director | 0 | $0 |
| DR JEFF LANGHAM | TRUSTEE Trustee or director | 0 | $0 |
| THOMAS SMITH | TRUSTEE Trustee or director | 0 | $0 |
| JASON ISBELL | TRUSTEE Trustee or director | 0.1 | $0 |
| KEN HARRIS JR | TRUSTEE Trustee or director | 0 | $0 |
| WILMA PHILLIPS | TRUSTEE Trustee or director | 0 | $0 |
| MARTHA BURLESON | TRUSTEE Trustee or director | 0 | $0 |
| EDDIE WELCH | TRUSTEE Trustee or director | 0 | $0 |
| BOB LEE | TRUSTEE Trustee or director | 0 | $0 |
| FRANK BUTCH JONES | TRUSTEE Trustee or director | 0 | $0 |
| DR MIKE HOUTS | TRUSTEE Trustee or director | 0 | $0 |
| JASON AKINS | TRUSTEE Trustee or director | 0 | $0 |
| MIKE GURGANUS | TRUSTEE Trustee or director | 0 | $0 |
| JOSEPH W DONALDSON | TRUSTEE Trustee or director | 0 | $0 |
| SCHERRY DOUGLAS | TRUSTEE Trustee or director | 0 | $0 |
| JON SYKES | TRUSTEE Trustee or director | 0 | $0 |
| JUDGE CAROLE MEDLEY | TRUSTEE Trustee or director | 0 | $0 |
| TERRY CAGLE | TRUSTEE Trustee or director | 0 | $0 |
| DR BILLY LAMBERT | TRUSTEE Trustee or director | 0 | $0 |
| COMMISSIONER ROY JOHNSON | TRUSTEE - PARLIAMENTARIAN Trustee or director | 0 | $0 |
| CARLTON L FREEMAN | TRUSTEE - SECRETARY Trustee or director, Officer | 0 | $0 |
| DALE KIRKLAND | TRUSTEE CHAIR Trustee or director, Officer | 0 | $0 |
| MICHAEL S EUBANKS | TRUSTEE VICE CHAIR Trustee or director, Officer | 0 | $0 |
990 for the year ended May 31, 2024: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| D MITCHELL HENRY | UNIVERSITY PRESIDENT Officer | 60 | $292,897 | $20,929 |
| ROSIE KHADANGA | PROFESSOR Highest-paid employee | 40 | $205,230 | $10,341 |
| JUSTIN BOND | DEAN-COLLEGE OF BUSINESS Key employee | 45 | $180,269 | $18,658 |
| CHARLES CAMPBELL | DEAN-JONES SCHOOL OF LAW Key employee | 45 | $168,232 | $10,561 |
| GERALD JONES | UNIVERSITY GENERAL COUNSEL Highest-paid employee | 50 | $148,677 | $20,856 |
| MICHAEL DEBOER | ASSOCIATE PROFESSOR; ASSOC Highest-paid employee | 40 | $140,507 | $20,783 |
| AMY OGBURN-OSTER | DIRECTOR, SLP PROGRAM Highest-paid employee | 40 | $140,503 | $20,709 |
| HEATH WILLINGHAM | DIRECTOR, MSC PROGRAM Highest-paid employee | 40 | $136,472 | $10,654 |
| JOSEPH VICKERY | VICE PRESIDENT-FINANCE Officer | 50 | $129,066 | $293 |
| MR JASON ISBELL | TRUSTEE Trustee or director | 0.1 | $5,000 | $0 |
| SENATOR JABO WAGGONER | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR BUD STUMBAUGH | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR TIM RICHARDSON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR HENRI MCDANIEL | TRUSTEE Trustee or director | 0 | $0 | $0 |
| JUDGE CAROLE MEDLEY | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR MANSEL LONG JR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR EDDIE WELCH | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR BOB LEE | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR DALE KIRKLAND | TRUSTEE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| MR FRANK BUTCH JONES | TRUSTEE Trustee or director | 0 | $0 | $0 |
| COMMISSIONER ROY JOHNSON | TRUSTEE - PARLIAMENTARIAN Trustee or director | 0 | $0 | $0 |
| DR MIKE HOUTS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR JOSEPH W DONALDSON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR MIKE GURGANUS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MRS CARLTON L FREEMAN | TRUSTEE - SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| MR MICHAEL S EUBANKS | TRUSTEE VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| MS SCHERRY DOUGLAS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR BILLY LAMBERT | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR JON SYKES | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR TERRY CAGLE | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MRS MARTHA BURLESON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR JASON AKINS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR KEN HARRIS JR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MRS WILMA PHILLIPS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR THOMAS SMITH | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR JEFF LANGHAM | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR SID AULTMAN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR STEVE BRANNAN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR BRIAN MITCHELL | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR ERNIE F CHAPPELL | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MRS RHONDA FERNANDEZ | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR STANLEY GRAY | TRUSTEE Trustee or director | 0 | $0 | $0 |
990 for the year ended May 31, 2023: 44 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVE KHADANGA | DEAN-COLLEGE OF BUSINESS Key employee | 45 | $273,671 | $9,634 |
| ROSIE KHADANGA | PROFESSOR Highest-paid employee | 40 | $206,214 | $9,038 |
| D MITCHELL HENRY | UNIVERSITY PRESIDENT Officer | 60 | $178,821 | $8,982 |
| CHARLES CAMPBELL | DEAN-JONES SCHOOL OF LAW Key employee | 45 | $166,117 | $10,116 |
| GERALD JONES | UNIVERSITY GENERAL COUNSEL Highest-paid employee | 50 | $151,226 | $17,680 |
| LEAH FULLMAN | DEAN-COLLEGE OF HEALTH SCI Key employee | 40 | $166,269 | $1,570 |
| AMY OGBURN-OSTER | DIRECTOR, SLP PROGRAM Highest-paid employee | 40 | $149,300 | $17,254 |
| JUSTIN BOND | PROFESSOR; INTERIM DEAN - COLLEGE OF BUSINESS Highest-paid employee | 40 | $147,548 | $15,806 |
| MICHAEL DEBOER | ASSOCIATE PROFESSOR; ASSOCIATE DEAN - JONES SCHOOL Highest-paid employee | 40 | $133,439 | $17,704 |
| DR MICHAEL D WILLIAMS | FORMER UNIVERSITY PRESIDENT Officer | 60 | $132,889 | $11,312 |
| JOSEPH VICKERY | VICE PRESIDENT-FINANCE Officer | 50 | $126,411 | $1,543 |
| MR JASON ISBELL | TRUSTEE Trustee or director | 0.1 | $100 | $0 |
| SENATOR JABO WAGGONER | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR BUD STUMBAUGH | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR TIM RICHARDSON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR HENRI MCDANIEL | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR PHILLIP NORTON JR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| JUDGE CAROLE MEDLEY | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR MANSEL LONG JR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR EDDIE WELCH | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR BOB LEE | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR DALE KIRKLAND | TRUSTEE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| MR FRANK BUTCH JONES | TRUSTEE Trustee or director | 0 | $0 | $0 |
| COMMISSIONER ROY JOHNSON | TRUSTEE - PARLIAMENTARIAN Trustee or director | 0 | $0 | $0 |
| DR MIKE HOUTS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR JOSEPH W DONALDSON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR JOHN W HILL III | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR MIKE GURGANUS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MRS CARLTON L FREEMAN | TRUSTEE - SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| MR MICHAEL S EUBANKS | TRUSTEE VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| MS SCHERRY DOUGLAS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR BILLY LAMBERT | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR JON SYKES | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR JIM CAMPBELL | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR TERRY CAGLE | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MRS MARTHA BURLESON | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR JASON AKINS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR KEN HARRIS JR | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MRS WILMA PHILLIPS | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR THOMAS SMITH | TRUSTEE Trustee or director | 0 | $0 | $0 |
| DR JEFF LANGHAM | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR SID AULTMAN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR STEVE BRANNAN | TRUSTEE Trustee or director | 0 | $0 | $0 |
| MR BRIAN MITCHELL | TRUSTEE Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5345 ATLANTA HWY, MONTGOMERY, AL 36109-3323
- Principal officer (990 for 2024)
- JOSEPH VICKERY, 5345 ATLANTA HIGHWAY, MONTGOMERY, AL 361093398
- Signed the 990
- JOSEPH VICKERY, VICE PRESIDENT - FINANCE
- Phone
- (334) 386-7274
- Website
- WWW.FAULKNER.EDU
- Return prepared by
- JACKSON THORNTON & CO PC
Mission
THE MISSION OF FAULKNER UNIVERSITY IS TO GLORIFY GOD THROUGH EDUCATION OF THE WHOLE PERSON EMPHASIZING INTEGRITY OF CHARACTER IN A CARING CHRISTIAN ENVIRONMENT WHERE EVERY INDIVIDUAL MATTERS EVERY DAY.
Program accomplishments
- INSTRUCTION, PUBLIC SERVICE AND ACADEMIC SUPPORT-EDUCATIONAL COURSES LEADING TO A COLLEGE DEGREEExpenses $46,912,304 · grants $15,180,620 · revenue $56,981,301
- STUDENT SERVICE - OTHER NON-INSTRUCTIONAL SERVICES PROVIDED FOR STUDENTSExpenses $13,125,358 · revenue $1,281,417
- AUXILIARY ENTERPRISES - PROVIDED LODGING, BOARD, BOOKS AND RELATED SUPPLIES AND NEEDS FOR STUDENTS AND THE CAMPUS COMMUNITY.Expenses $5,300,642 · revenue $4,559,451
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 63-0329409
- 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
- 1950
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $128,342,493
- Income (IRS master file)
- $88,447,888
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $84,294,916 | $74,453,088 | $128,342,493 | XML |
| 990-T | May 2025 | – | – | – | IRS |
| 990 | May 2024 | $83,641,697 | $71,300,188 | $115,341,167 | XML |
| 990-T | May 2024 | – | – | – | IRS |
| 990 | May 2023 | $65,624,113 | $65,600,377 | $100,457,914 | XML |
| 990-T | May 2023 | – | – | – | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 63-0329409).
Questions about FAULKNER UNIVERSITY
- What is the EIN of FAULKNER UNIVERSITY?
- The employer identification number (EIN) of FAULKNER UNIVERSITY is 63-0329409.
- Is FAULKNER UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
- Are donations to FAULKNER UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAULKNER UNIVERSITY 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 FAULKNER UNIVERSITY due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FAULKNER UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of FAULKNER UNIVERSITY?
- The 990 for the year ended May 31, 2025 names JOSEPH VICKERY.
- Who are the officers and directors of FAULKNER UNIVERSITY?
- The 990 for the year ended May 31, 2025 lists 46 people; 10 received compensation from the organization, the highest $292,157 (D MITCHELL HENRY, UNIVERSITY PRESIDENT).
- How much revenue does FAULKNER UNIVERSITY have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $84,294,916, expenses of $74,453,088 and total assets of $128,342,493 at year end.
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