Embry Riddle Aeronautical

Daytona Beach, FL
Tax-exempt since July 1993
EIN: 59-0936101

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / University or Technological Institute (NTEE)

Donations to this organization are tax deductible.

Details

According to its June 2023 tax filing, this nonprofit:

Operated a school

Organization is a school. Details are reported on Schedule E.

Provided first-class or charter travel

Organization provided first-class or charter travel to key employees or officers. Details are reported on Schedule J.

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

An independent audit commissioned by this organization for the fiscal year ending June 2023 identified:

Significant deficiency in internal controls

Audit identified a deficiency in internal financial or governance controls that could limit the organization's ability to track and report financial data reliably. The deficiency is less severe than a material weakness but warrants attention from management.

Revenue

$703M (2023)

Expenses

$602M (2023)

Total Assets

$1.44B (2023)

Total Liabilities

$443M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2023

Revenue

$702,956,238

Expenses

$601,659,234

Net Income

$101,297,004

Net Assets

$999,846,577

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$44,304,520	6.3%
Program Services	$635,671,636	90.4%
Investment Income	$19,966,507	2.8%
Bond Proceeds	$219,318	0.0%
Royalties	$0
Rental Property Income	$436,277	0.1%
Net Fundraising	$81,056	0.0%
Sales of Assets	$2,245,189	0.3%
Net Inventory Sales	$31,735	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,472,941	0.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$213,990,161	35.6%

Assets/Debt
Total Assets	$1,443,112,700
Total Liabilities	$443,266,123
Net Assets	$999,846,577

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Patrick Barry Butler (President)	$894,804	$0	$42,344
Randall Howard (Svp, Cfo)	$573,724	$0	$46,619
John Watret (Chancellor, Worldwide)	$481,320	$0	$45,582
Steven Ridder (Head Basketball Coach Db)	$474,710	$0	$40,982
Rodney Cruise (Svp Administration & Coo)	$433,373	$0	$46,112
James Gregory (Dean, College Of Engineering)	$372,609	$0	$45,540
Lon Moeller (Svp Academic Affairs & Provost)	$366,524	$0	$40,905
Anette Karlsson (Chancellor, Prescott Campus)	$342,045	$0	$31,158
Charles Sevastos (Vice President & General Counsel)	$288,418	$0	$36,588
Shanan Gibson (Dean, College Of Business)	$259,413	$0	$26,853
Jason Ruckert (Svp, Enrollment Mgmt/Mktg)	$259,283	$0	$28,168
Anastasios Lyrintzis (Department Chair)	$254,698	$0	$37,096
Rebecca Vasquez (Vice President, Cio)	$251,051	$0	$31,842
Riccardo Bevilacqua (Professor Aerospace Engineering)	$249,582	$0	$40,549
Brandon Young (Vice President, Chro)	$244,506	$0	$34,590
Alan Stolzer (Dean, College Of Aviation & Prof)	$229,742	$0	$38,341
Kevin Kreide (Vice President, Facilities)	$204,869	$0	$20,883
Remzi Seker (Vice President, Research)	$189,746	$0	$23,856
Frances Ayers (Former Chancellor, Prescott)	$149,247	$0	$15,107
Morteza Hosseini (Board Member Chair)	$0	$0	$0
James Henderson (Board Member Vice Chair)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
Michael Amalfitano (Board Member)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
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990

Filed on May 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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This audit found:

Significant deficiency in internal controls

Fiscal Year Ending June
2022

Revenue

$704,944,658

Expenses

$573,049,513

Net Income

$131,895,145

Net Assets

$881,074,504

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$93,237,010	13.2%
Program Services	$596,750,358	84.7%
Investment Income	$12,059,566	1.7%
Bond Proceeds	$12,077	0.0%
Royalties	$0
Rental Property Income	$473,130	0.1%
Net Fundraising	$18,842	0.0%
Sales of Assets	$2,372,900	0.3%
Net Inventory Sales	$20,775	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,459,083	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$201,696,046	35.2%

Assets/Debt
Total Assets	$1,324,755,345
Total Liabilities	$443,680,841
Net Assets	$881,074,504

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
P Barry Butler (President)	$823,099	$0	$43,121
Randall Howard (Svp, Cfo)	$504,804	$0	$43,100
John Watret (Chancellor, Worldwide)	$456,892	$0	$42,219
Steven Ridder (Head Basketball Coach Db)	$449,145	$0	$37,797
Rodney Cruise (Svp Administration & Coo)	$391,712	$0	$42,629
Lon Moeller (Svp Academic Affairs Provost)	$362,934	$0	$37,720
Anette Karlsson (Chancellor, Prescott Campus)	$330,184	$0	$28,198
Remzi Seker (Associate Provost For Research)	$288,927	$0	$47,143
Charlie Sevastos (Chief Legal Counsel)	$279,089	$0	$34,003
Shanan Gibson (Dean, College Of Business)	$253,689	$0	$24,929
Scott Shappell (Department Chair)	$242,558	$0	$38,003
Anastasios Lyrintzis (Department Chair)	$240,439	$0	$38,709
Rebecca Vasquez (Vice President, Cio)	$237,091	$0	$29,357
Brandon Young (Vice President, Chro)	$236,134	$0	$32,836
Jason Ruckert (Vice President, Enroll Mgmt)	$226,544	$0	$36,587
Frances Ayers (Former Chancellor, Prescott Campus)	$137,660	$0	$13,300
Marc Archambault (Former Svp Philanthr. Alumni Engage)	$125,997	$0	$15,557
Morteza Hosseini (Board Member Chair)	$0	$0	$0
James Henderson (Board Member Vice Chair)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
Michael Amalfitano (Board Member)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
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990

Filed on May 12, 2023

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Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2021

Revenue

$616,318,485

Expenses

$518,217,008

Net Income

$98,101,477

Net Assets

$798,966,328

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$51,495,298	8.4%
Program Services	$555,043,432	90.1%
Investment Income	$5,824,000	0.9%
Bond Proceeds	$8,499	0.0%
Royalties	$0
Rental Property Income	$379,751	0.1%
Net Fundraising	$13,027	0.0%
Sales of Assets	$3,547,123	0.6%
Net Inventory Sales	$7,355	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,746,421	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$193,093,184	37.3%

Assets/Debt
Total Assets	$1,265,271,185
Total Liabilities	$466,304,857
Net Assets	$798,966,328

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
P Barry Butler (President)	$784,279	$0	$40,522
Randall Howard (Svp, Cfo)	$495,728	$0	$40,438
Steven Ridder (Head Basketball Coach Db)	$453,854	$0	$36,800
John Watret (Chancellor, Worldwide Campus)	$443,275	$0	$41,039
Rodney Cruise (Svp Administration & Coo)	$385,136	$0	$37,728
Lon Moeller (Svp Academic Affairs Provost)	$359,272	$0	$40,980
Anette Karlsson (Chancellor, Prescott Campus)	$323,566	$0	$27,842
Maj Dean Mirmirani (Dean, College Of Engineering)	$264,716	$0	$25,883
Charlie Sevastos (Vp And General Counsel)	$253,629	$0	$30,380
Remzi Seker (Associate Provost)	$251,442	$0	$37,705
Anastasios Lyrintzis (Department Chair)	$248,322	$0	$36,736
Scott Shappell (Department Chair)	$245,630	$0	$37,118
Marc Archambault (Svp Philanthropy Alumni Engagement)	$235,435	$0	$32,104
Rebecca Vasquez (Vice President, Cio)	$232,932	$0	$28,185
Brandon Young (Vice President, Chro)	$225,484	$0	$34,956
Jason Ruckert (Vice President, Enroll Mgmt)	$212,730	$0	$30,659
Francis Ayers (Former Chancellor, Prescott Campus)	$142,054	$0	$13,707
Morteza Hosseini (Board Member Chair)	$0	$0	$0
James Henderson (Board Member Vice Chair)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
Ronald Keys (Board Member)	$0	$0	$0
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990

Filed on May 13, 2022

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2020

Revenue

$561,742,106

Expenses

$498,574,030

Net Income

$63,168,076

Net Assets

$652,365,614

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$36,095,261	6.4%
Program Services	$516,970,894	92.0%
Investment Income	$7,280,563	1.3%
Bond Proceeds	$232,399	0.0%
Royalties	$0
Rental Property Income	$466,452	0.1%
Net Fundraising	$9,444	0.0%
Sales of Assets	$671,325	0.1%
Net Inventory Sales	$15,768	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,949,636	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$187,273,717	37.6%

Assets/Debt
Total Assets	$1,097,177,529
Total Liabilities	$444,811,915
Net Assets	$652,365,614

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
P Barry Butler (President)	$773,736	$0	$41,734
Randall Howard (Svp, Cfo)	$476,569	$0	$41,728
Steven Ridder (Head Basketball Coach (Db))	$445,399	$0	$42,607
John Watret (Chancellor, Worldwide Campus)	$418,019	$0	$42,566
Rodney Cruise (Sr Vp For Admin, Coo)	$368,873	$0	$33,792
Lon Moeller (Svp Academic Affairs Provost)	$351,502	$0	$42,546
Francis Ayers (Chancellor, Prescott, Az Campu)	$321,011	$0	$26,867
Marc Archambault (Svp Philanthropy Alumni Engage)	$257,809	$0	$35,957
Charlie Sevastos (Vp And General Counsel)	$257,145	$0	$31,457
Maj Dean Mirmirani (Svp Academic Affairs/Research)	$253,906	$0	$24,978
Christina Frederick (Professor)	$235,481	$0	$33,186
Scott Shappell (Department Chair)	$233,020	$0	$38,435
Anastasios Lyrintzis (Department Chair)	$228,214	$0	$37,143
Rebecca Vasquez (Vice President, Cio)	$218,851	$0	$21,035
Brandon Young (Vice President, Chro)	$213,703	$0	$35,677
Anne Broderick Botteri (Vp Marketing Communications)	$205,810	$0	$19,600
Morteza Hosseini (Board Member Chair)	$0	$0	$0
James Henderson (Board Member Vice Chair)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
Ronald Keys (Board Member)	$0	$0	$0
Jon Slangerup (Board Member)	$0	$0	$0
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990

Filed on May 15, 2021

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2019

Revenue

$536,554,951

Expenses

$467,556,780

Net Income

$68,998,171

Net Assets

$587,654,277

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$36,906,226	6.9%
Program Services	$492,206,021	91.7%
Investment Income	$6,730,888	1.3%
Bond Proceeds	$275,217	0.1%
Royalties	$0
Rental Property Income	$483,805	0.1%
Net Fundraising	$47,691	0.0%
Sales of Assets	-$119,446
Net Inventory Sales	$24,549	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,864,808	1.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$178,136,569	38.1%

Assets/Debt
Total Assets	$886,582,465
Total Liabilities	$298,928,188
Net Assets	$587,654,277

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
P Barry Butler (President)	$742,765	$0	$40,835
Randall Howard (Svp, Cfo)	$451,588	$0	$40,835
Steven Ridder (Head Basketball Coach (Db))	$441,441	$0	$41,663
John Watret (Chancellor, Worldwide Campus)	$397,048	$0	$41,663
Francis Ayers (Chancellor, Prescott Campus)	$380,994	$0	$26,356
Rodney Cruise (Svp Administration)	$337,769	$0	$33,024
Lon Moeller (Svp, Academic Affairs Provost)	$266,824	$0	$33,552
Maj Dean Mirmirani (Svp, Academic Affairs/Research)	$257,061	$0	$25,197
Charlie Sevastos (Vp And General Counsel)	$236,061	$0	$29,141
Scott Shappell (Department Chair)	$228,635	$0	$37,723
Anastasios Lyrintzis (Department Chair)	$223,856	$0	$36,379
Susan Ganter Allen (Distinguished Professor)	$223,345	$0	$30,899
Marc Archambault (Svp Philanthropy Alumni Engage)	$222,771	$0	$32,269
Anne Broderick Botteri (Vp Marketing Communications)	$216,498	$0	$26,848
Christina Frederick (Professor)	$215,071	$0	$31,004
Rebecca Vasquez (Vice President, Cio)	$210,695	$0	$20,136
Brandon Young (Vice President, Chro)	$206,496	$0	$34,754
Morteza Hosseini (Board Member Chair)	$0	$0	$0
James Henderson (Board Member Vice Chair)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
Ronald Keys (Board Member)	$0	$0	$0
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990

Filed on July 10, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2018

Revenue

$512,764,356

Expenses

$456,807,109

Net Income

$55,957,247

Net Assets

$517,572,076

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15,535,121	3.0%
Program Services	$492,044,601	96.0%
Investment Income	$4,700,796	0.9%
Bond Proceeds	$246,152	0.0%
Royalties	$0
Rental Property Income	$405,889	0.1%
Net Fundraising	$33,370	0.0%
Sales of Assets	-$197,311
Net Inventory Sales	-$4,262
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,686,374	0.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$169,942,458	37.2%

Assets/Debt
Total Assets	$828,294,172
Total Liabilities	$310,722,096
Net Assets	$517,572,076

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
P Barry Butler (President)	$520,969	$0	$35,635
Steven Ridder (Db Hd Basketball Coach)	$435,855	$0	$42,360
Randall Howard (Svp And Cfo)	$405,316	$0	$40,628
John Watret (Chancellor, Worldwide)	$358,265	$0	$41,940
Francis Ayers (Chancellor, Prescott Campus)	$319,274	$0	$25,926
Rodney Cruise (Svp Administration)	$292,296	$0	$36,997
Maj Dean Mirmirani (Svp Academic Affairs/Research)	$279,446	$0	$25,875
Charlie Sevastos (Chief Legal Counsel)	$229,409	$0	$28,290
Tim Brady (Chncllr, Daytona Beach Campus)	$228,559	$0	$33,205
Scott Shappell (Department Chair)	$222,497	$0	$37,852
Anastasios Lyrintzis (Department Chair)	$218,289	$0	$35,988
Susan Allen (Distinguished Professor)	$217,981	$0	$32,602
Christina Frederick (Professor)	$211,926	$0	$31,102
Rebecca Vasquez (Vice President, Cio)	$207,749	$0	$18,934
Brandon Young (Vice President, Chro)	$199,809	$0	$34,462
Karen Holbrook (Interim President, Former)	$174,291	$0	$16,456
John Johnson (President Emeritus)	$161,032	$0	$16,108
Mori Hosseini (Board Member Chair)	$0	$0	$0
James Henderson (Board Member Vice Chair)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
Nicole Stott (Board Member)	$0	$0	$0
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990

Filed on May 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

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Fiscal Year Ending June
2017

Revenue

$492,264,042

Expenses

$429,954,744

Net Income

$62,309,298

Net Assets

$456,292,197

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$15,825,404	3.2%
Program Services	$461,432,643	93.7%
Investment Income	$3,401,123	0.7%
Bond Proceeds	$21,059	0.0%
Royalties	$0
Rental Property Income	$286,355	0.1%
Net Fundraising	$27,951	0.0%
Sales of Assets	$11,232,501	2.3%
Net Inventory Sales	$37,006	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,987,095	0.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$162,790,174	37.9%

Assets/Debt
Total Assets	$761,569,391
Total Liabilities	$305,277,194
Net Assets	$456,292,197

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John Johnson (President Emeritus)	$499,058	$0	$36,857
Steven Ridder (Db Hd Basketball Coach)	$448,268	$0	$41,885
Randall B Howard (Senior Vp And Cfo)	$398,033	$0	$25,451
John Watret (Intrm President Chancellor,Ww)	$347,993	$0	$41,885
Richard Heist (Chf Acdmc Offcr, Dtna Bch Cmps)	$309,024	$0	$36,846
Francis Ayers (Chancellor, Prescott Campus)	$295,630	$0	$25,451
Karen Holbrook (Interim President)	$295,184	$0	$31,283
Rodney Cruise (Svp Administration)	$286,829	$0	$36,882
William Hampton (Svp External Relations)	$285,972	$0	$32,617
Tim Brady (Chncllr, Daytona Beach Campus)	$246,612	$0	$32,721
Maj Dean Mirmirani (Svp Academic Affairs/Research)	$242,017	$0	$22,018
Bradford Sims (Chancellor, Worldwide)	$227,781	$0	$38,619
Scott Shappell (Professor)	$217,590	$0	$37,132
Christina Frederick (Professor)	$215,179	$0	$31,598
Susan Allen (Distinguished Professor)	$213,259	$0	$37,132
Charlie Sevastos (Chief Legal Council)	$212,369	$0	$26,048
Anastasios Lyrintzis (Distinguished Professor)	$211,169	$0	$35,070
Brandon Young (Vice President, Chro)	$203,580	$0	$33,643
Rebecca Vasquez (Vice President, Cio)	$199,546	$0	$18,118
Mori Hosseini (Board Member Chairman)	$0	$0	$0
James Henderson (Board Member Vice Chairman)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
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990

Filed on May 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2016

Revenue

$439,985,155

Expenses

$411,424,138

Net Income

$28,561,017

Net Assets

$393,982,899

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,612,360	2.2%
Program Services	$431,382,743	98.0%
Investment Income	$2,076,189	0.5%
Bond Proceeds	$26,067	0.0%
Royalties	$0
Rental Property Income	$144,940	0.0%
Net Fundraising	$82,932	0.0%
Sales of Assets	-$3,347,655
Net Inventory Sales	$7,579	0.0%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$5,364,079	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$152,068,674	37.0%

Assets/Debt
Total Assets	$700,372,688
Total Liabilities	$306,389,789
Net Assets	$393,982,899

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John P Johnson (President)	$867,330	$0	$35,878
Steven Ridder (Head Basketball Coach & Special Asst. President)	$477,428	$0	$41,177
Nancee Bailey (Vice President Student Affairs)	$407,852	$0	$18,240
Randall Howard (Senior Vice President, Cfo)	$400,303	$0	$24,126
John Watret (Interim President Chancellor, Worldwide)	$348,187	$0	$41,177
Richard Heist (Chief Academic Officer, Daytona Beach Campus)	$305,944	$0	$35,878
Francis Ayers (Chancellor, Prescott Campus)	$288,018	$0	$24,125
William Hampton (Senior Vice President For External Relations & Chief Markting Officer)	$283,620	$0	$31,431
Rodney Cruise (Vice President Administration)	$279,619	$0	$35,903
Bradford Sims (Chancellor, Worldwide)	$236,023	$0	$38,763
Mark Balas (Distinguished Professor)	$224,607	$0	$27,834
Louis Seno (Vice President Corporate Relations & Govt Affairs)	$224,080	$0	$13,616
Scott Shappell (Faculty)	$211,646	$0	$36,677
Susan Allen (Distinguished Professor)	$208,310	$0	$31,248
Brandon Young (Vice President, Chro)	$205,226	$0	$35,991
Tim Brady (Chancellor, Daytona Beach Campus)	$200,952	$0	$30,238
Charlie Sevastos (Chief Legal Counsel)	$194,937	$0	$25,227
Mori Hosseini (Board Member Chairman)	$0	$0	$0
James Henderson (Board Member Vice Chairman)	$0	$0	$0
Joseph Martin (Board Member Treasurer)	$0	$0	$0
Zane Rowe (Board Member Secretary)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
Ronald Keys (Board Member)	$0	$0	$0
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990

Filed on May 15, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Audit

Audit for an entity that spends $750,000+ in federal grant money in a fiscal year

PDF

Fiscal Year Ending June
2015

Revenue

$411,218,000

Expenses

$395,044,000

Net Income

$16,174,000

Net Assets

$366,467,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$11,471,210	2.8%
Program Services	$396,551,582	96.4%
Investment Income	$2,413,806	0.6%
Bond Proceeds	$94	0.0%
Royalties	$0
Rental Property Income	$263,945	0.1%
Net Fundraising	$67,729	0.0%
Sales of Assets	$183,682	0.0%
Net Inventory Sales	$265,952	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,972,732	1.3%
Professional Fundraising Fees	$35,667	0.0%
Other Salaries and Wages	$151,210,191	38.3%

Assets/Debt
Total Assets	$665,824,000
Total Liabilities	$299,357,000
Net Assets	$366,467,000

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John P Johnson (President)	$870,120	$0	$0
Bernadine Douglas (Vice President External Relations)	$464,221	$0	$0
Steven Ridder (Director Of Athletics)	$456,896	$0	$0
Eric B Weekes (Senior Executive Vice President, Cfo)	$335,014	$0	$0
Richard Heist (Chief Academic Officer, Daytona Beach Campus)	$303,561	$0	$0
John Watret (Chancellor, Worldwide Campus)	$290,638	$0	$0
Francis Ayers (Chancellor, Prescott Campus)	$281,230	$0	$0
Rodney Cruise (Vice President Administration)	$272,830	$0	$0
Louis Seno (Vice President Corporate Relations & Govt Affairs)	$248,976	$0	$0
George Herbst (Interim Vice President, Cfo)	$246,988	$0	$0
William Hampton (Vice President Enrollment)	$246,524	$0	$0
Maj Mirmirani (Dean College Of Engineering)	$220,317	$0	$0
Brandon Young (Vice President Of Human Resources)	$210,965	$0	$0
Scott Shappell (Faculty)	$207,782	$0	$0
Tim Brady (Dean College Of Aviation)	$181,271	$0	$0
Randall Howard (Senior Vice President, Cfo)	$135,399	$0	$0
Mori Hosseini (Board Member)	$0	$0	$0
James Henderson (Board Member)	$0	$0	$0
Joseph Martin (Board Member)	$0	$0	$0
Zane Rowe (Board Member)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
Karen Holbrook (Board Member)	$0	$0	$0
Ronald Keys (Board Member)	$0	$0	$0
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990

Filed on April 22, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

PDF (2 of 2)

Fiscal Year Ending June
2014

Revenue

$396,634,000

Expenses

$374,154,000

Net Income

$22,480,000

Net Assets

$348,333,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,001,499	2.3%
Program Services	$379,039,670	95.6%
Investment Income	$1,811,185	0.5%
Bond Proceeds	$16,806	0.0%
Royalties	$0
Rental Property Income	$173,171	0.0%
Net Fundraising	$68,755	0.0%
Sales of Assets	$5,963,725	1.5%
Net Inventory Sales	$559,189	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$4,215,117	1.1%
Professional Fundraising Fees	$45,806	0.0%
Other Salaries and Wages	$144,826,143	38.7%

Assets/Debt
Total Assets	$571,041,000
Total Liabilities	$222,708,000
Net Assets	$348,333,000

Operated a school

Provided first-class or charter travel

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
John P Johnson (President)	$1,120,635	$0	$0
Steven Ridder (Director Of Athletics)	$464,287	$0	$0
Irene Mc Reynolds (Vice President Human Resources)	$367,016	$0	$0
Eric B Weekes (Senior Executive Vice President, Cfo)	$362,028	$0	$0
John Watret (Chancellor, Worldwide Campus)	$296,419	$0	$0
Richard Heist (Chief Academic Officer, Daytona Beach Campus)	$292,647	$0	$0
Eduardo Prieto (Assoc Vice President Enrollment Mgmt)	$289,634	$0	$0
Francis Ayers (Chancellor, Prescott Campus)	$280,200	$0	$0
Rod Casto (Assoc Vice President Research & Development)	$267,826	$0	$0
Christina Recascino (Professor)	$255,740	$0	$0
Maj Mirmirani (Dean)	$218,685	$0	$0
Mori Hosseini (Board Member)	$0	$0	$0
James Henderson (Board Member)	$0	$0	$0
Joseph Martin (Board Member)	$0	$0	$0
Zane Rowe (Board Member)	$0	$0	$0
John Amore (Board Member)	$0	$0	$0
Kenneth Dufour (Board Member)	$0	$0	$0
Charles Duva (Board Member)	$0	$0	$0
Karen Holbrook (Board Member)	$0	$0	$0
Ronald Keys (Board Member)	$0	$0	$0
C Jeffrey Knittel (Board Member)	$0	$0	$0
Arthur J Lichte (Board Member)	$0	$0	$0
David O'maley (Board Member)	$0	$0	$0
Glenn S Ritchey (Board Member)	$0	$0	$0
David Robertson (Board Member)	$0	$0	$0
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990

Filed on Oct. 9, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2013

Revenue

$384,624,000

Expenses

$357,882,000

Net Income

$26,742,000

Net Assets

$313,789,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,772,777	2.0%
Program Services	$372,421,585	96.8%
Investment Income	$1,958,000	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,741,230	0.5%
Net Fundraising	$44,026	0.0%
Sales of Assets	-$46,000
Net Inventory Sales	$732,382	0.2%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,809,615	1.1%
Professional Fundraising Fees	$32,676	0.0%
Other Salaries and Wages	$140,499,402	39.3%

Assets/Debt
Total Assets	$533,108,000
Total Liabilities	$219,319,000
Net Assets	$313,789,000

990

Filed on June 26, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2012

Revenue

$363,231,000

Expenses

$338,908,000

Net Income

$24,323,000

Net Assets

$287,047,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,587,333	2.4%
Program Services	$350,362,935	96.5%
Investment Income	$1,666,000	0.5%
Bond Proceeds	$4,000	0.0%
Royalties	$0
Rental Property Income	$2,916,609	0.8%
Net Fundraising	$78,683	0.0%
Sales of Assets	-$983,000
Net Inventory Sales	$598,440	0.2%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,703,772	1.1%
Professional Fundraising Fees	$31,624	0.0%
Other Salaries and Wages	$130,535,880	38.5%

Assets/Debt
Total Assets	$507,755,000
Total Liabilities	$220,708,000
Net Assets	$287,047,000

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2011

Revenue

$359,430,000

Expenses

$313,239,000

Net Income

$46,191,000

Net Assets

$262,724,000

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,893,824	2.2%
Program Services	$346,569,102	96.4%
Investment Income	$1,551,000	0.4%
Bond Proceeds	$1,000	0.0%
Royalties	$0
Rental Property Income	$2,881,986	0.8%
Net Fundraising	$73,387	0.0%
Sales of Assets	-$17,000
Net Inventory Sales	$476,701	0.1%
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$2,878,291	0.9%
Professional Fundraising Fees	$38,475	0.0%
Other Salaries and Wages	$123,539,795	39.4%

Assets/Debt
Total Assets	$490,734,000
Total Liabilities	$228,010,000
Net Assets	$262,724,000

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Embry Riddle Aeronautical

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $703M (2023)

Expenses $602M (2023)

Total Assets $1.44B (2023)

Total Liabilities $443M (2023)

Tax Filings and Audits by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Audit

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Audit

Fiscal Year Ending June 2015

Revenue

$703M (2023)

Expenses

$602M (2023)

Total Assets

$1.44B (2023)

Total Liabilities

$443M (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending April
2003