Nonprofit · EIN 59-1092732
PALM BEACH ATLANTIC UNIVERSITY INC
Tax-exempt · WEST PALM BCH, FL 33416
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $164,036,791 | $168,588,009 | -$4,551,218 | $378,907,334 | $142,945,164 | $235,962,170 |
| June 30, 2024 | 990 | $138,472,309 | $149,222,950 | -$10,750,641 | $358,293,038 | $123,538,207 | $234,754,831 |
| June 30, 2023 | 990 | $161,436,330 | $141,222,958 | $20,213,372 | $311,756,131 | $74,095,769 | $237,660,362 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $22,011,486
- of which government grants
- $3,109,839
- Program service revenue
- $131,797,151
- Investment income
- $9,795,289
- Net rental income
- $550,347
- Net gain from sales of assets
- $3,923,753
- Net income from fundraising events
- -$117,482
- Other revenue
- $432,865
Expenses
- Grants and similar amounts paid
- $50,365,649
- Compensation of officers, directors and key employees
- $4,249,028
- Other salaries and wages
- $42,999,905
- Salaries, compensation and benefits (total)
- $58,118,709
- Professional fundraising fees
- $0
- Legal fees
- $342,089
- Accounting fees
- $192,857
- Occupancy
- $2,539,882
- Travel
- $947,052
- Depreciation
- $6,426,800
- Program services (functional)
- $142,740,625
- Management and general (functional)
- $23,145,278
- Fundraising (functional)
- $2,702,106
Balance sheet and other
- Total assets, start of year
- $358,293,038
- Total assets, end of year
- $378,907,334
- Total liabilities, end of year
- $142,945,164
- Net assets, end of year
- $235,962,170
- Land, buildings and equipment
- $159,543,644
- Publicly traded securities
- $721,626
- Net assets without donor restrictions
- $116,164,942
- Net assets with donor restrictions
- $119,797,228
- Gross unrelated business income
- $80,869
- Gross receipts
- $169,733,063
- Employees
- 1,531
- Volunteers
- 27
- Year formed
- 1968
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEBRA SCHWINN | PRESIDENT Officer | 60 | $826,233 | $31,476 |
| STACIE BOWIE | EXEC. VP FINANCE & ADMIN/C Officer | 60 | $317,672 | $27,717 |
| LAURA BISHOP | EXEC. VP, ADVANCEMENT Officer | 60 | $316,763 | $28,338 |
| STEPHEN JOHNSON | PROVOST Officer | 60 | $266,718 | $30,498 |
| NANCY BRAINARD | EXEC. VB ENROLLMENT Officer | 60 | $256,722 | $30,011 |
| STEVEN ALDERMAN | CLO & GENERAL COUNSEL Officer | 40 | $249,036 | $10,745 |
| SCOTT BARNES | VP ITS Officer | 40 | $208,368 | $22,928 |
| DANA STRACHAN | DEAN, PHARMACY Highest-paid employee | 40 | $205,862 | $24,746 |
| BRIAN STROW | DEAN, BUSINESS SCHOOL Highest-paid employee | 40 | $204,453 | $21,101 |
| PHIL TOBIN | DEAN, HEALTH SCIENCES Highest-paid employee | 40 | $193,967 | $24,637 |
| CARA WALD | VP HUMAN RESOURCES Officer | 40 | $196,662 | $20,906 |
| COURTNEY LOVELY | DIRECTOR OF ATHLETICS Officer | 40 | $177,587 | $21,685 |
| CURTIS BROWN | ASSOCIATE VP, CONSTRUCTION Highest-paid employee | 40 | $175,345 | $16,709 |
| MICHELE SCHNEIDER | ASSOCIATE VP & CONTROLLER Highest-paid employee | 40 | $178,673 | $10,857 |
| BOB LUTZ | VP STUDENT DEVELOPMENT (PR Former | 40 | $123,342 | $3,365 |
28 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BERNARD CUETO | VP, SPIRITUAL DEVELOPMENT( Officer | 40 | $112,300 | $4,609 |
| THOMAS MCCAFFREY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHANDRA BILL-RABENECKER | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE W COTTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| REV LUCKY ARNOLD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GINGER BILLS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CATHLEEN BURK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TERRIEL BYRD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK H CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIM ELLIOT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT G HAWKINS ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES C JENKINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES J JOHNSTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| R MARSHALL JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAMI KISNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICK C KOENIG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD A KRAUSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRACE KURIAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN W LITTLE III ESQUIRE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARA MCCANN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT PACIENZA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDY ROGERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVEN G SCALICI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR JAMES H SCROGGINS IV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN SORRELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIMOTHY SOTOS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN GREENE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KARL WATSON JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 46 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEBRA SCHWINN | PRESIDENT Officer | 60 | $719,500 | $18,901 |
| LAURA BISHOP | EXEC. VP, ADVANCEMENT Officer | 40 | $291,766 | $16,308 |
| STACIE BOWIE | EXEC. VP FINANCE & ADMIN/CFO Officer | 60 | $269,944 | $11,063 |
| STEVEN ALDERMAN | CLO & GENERAL COUNSEL Officer | 40 | $230,698 | $13,963 |
| NANCY BRAINARD | EXEC. VB ENROLLMENT Officer | 40 | $203,393 | $8,302 |
| DANA STRACHAN | DEAN, PHARMACY Highest-paid employee | 40 | $197,298 | $13,459 |
| SCOTT BARNES | VP ITS Officer | 40 | $194,980 | $10,260 |
| CHELNECA TEMPLETON | PROVOST, CAO(FORMERLY) Officer | 40 | $192,925 | $10,887 |
| PHIL TOBIN | DEAN, HEALTH SCIENCES Highest-paid employee | 40 | $189,847 | $13,921 |
| BRIAN STROW | DEAN, BUSINESS SCHOOL Highest-paid employee | 40 | $186,104 | $10,685 |
| CARA WALD | VP HUMAN RESOURCES Officer | 40 | $180,752 | $10,444 |
| MICHELE SCHNEIDER | ASSOCIATE VP & CONTROLLER Highest-paid employee | 40 | $167,629 | $9,624 |
| CURTIS BROWN | ASSOCIATE VP, CONSTRUCTION & DESIGN Highest-paid employee | 40 | $167,375 | $8,521 |
| COURTNEY LOVELY | DIRECTOR OF ATHLETICS Officer | 40 | $148,905 | $11,292 |
| BOB LUTZ | VP STUDENT DEVELOPMENT (PREVIOUSLY) Officer | 40 | $139,319 | $10,565 |
| BERNARD CUETO | VP, SPIRITUAL DEVELOPMENT(PREVIOUSLY) Officer | 40 | $111,804 | $7,581 |
| STEPHEN JOHNSON | PROVOST Officer | 40 | $17,430 | $1,131 |
| CATHLEEN BURK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHANDRA BILL-RABENECKER | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR JAMES H SCROGGINS IV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GINGER BILLS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRACE KURIAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES C JENKINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES J JOHNSTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN W LITTLE III ESQUIRE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KARL H WATSON JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KARL H WATSON SR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIM ELLIOT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAMI KISNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK H CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL J STEVENS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| PATRICK C KOENIG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| R MARSHALL JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV WALTER B ARNOLD III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD A KRAUSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT PACIENZA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDY ROGERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARA MCCAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT G HAWKINS ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVEN G SCALICI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN SORRELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TERRIEL BYRD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS MCCAFFREY | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| TIMOTHY SOTOS | TRUSTEE Trustee or director, Officer | 1 | $0 | $0 |
| WAYNE W COTTON | SECRETARY Trustee or director | 1 | $0 | $0 |
| WILLIAM C BRADFORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 45 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEBRA SCHWINN | PRESIDENT Officer | 60 | $718,267 | $29,045 |
| LAURA BISHOP | EXECUTIVE VP FOR ADVANCEME Officer | 40 | $272,247 | $19,649 |
| STACIE BOWIE | VP FINANCE & ADMIN/CFO Officer | 60 | $222,941 | $27,000 |
| STEVEN ALDERMAN | CHIEF LEGAL OFFICER AND GENERAL COUNSEL Officer | 40 | $224,235 | $10,308 |
| DANA STRACHAN | ASSOCIATE DEAN FOR ACADEMICS Highest-paid employee | 40 | $186,681 | $16,750 |
| PHIL TOBIN | DEAN, SCHOOL OF HEALTH PROFESSIONS; DIRECTOR OF PA Highest-paid employee | 40 | $184,709 | $10,899 |
| SCOTT BARNES | VP ITS Officer | 40 | $178,572 | $9,577 |
| JOHN HAYES | TITUS CHAIR FOR FRANCHISE LEADERSHIP; PROFESSOR FO Highest-paid employee | 40 | $173,621 | $13,773 |
| BRIAN STROW | DEAN RINKER SCHOOL OF BUSINESS Highest-paid employee | 40 | $161,797 | $16,177 |
| NANCY BRAINARD | VP ENROLLMENT Officer | 40 | $174,643 | $833 |
| RANDOLPH E RICHARDS | PROVOST, CAO (PREVIOUSLY) Officer | 40 | $149,172 | $25,000 |
| CHELNECA TEMPLETON | PROVOST, CAO Officer | 40 | $158,503 | $12,367 |
| COURTNEY LOVELY | DIRECTOR OF ATHLETICS Officer | 40 | $147,063 | $13,693 |
| MICHELE SCHNEIDER | ASSISTANT VP & CONTROLLER Highest-paid employee | 40 | $149,340 | $9,017 |
| BOB LUTZ | VP STUDENT DEVELOPMENT Officer | 40 | $137,491 | $13,166 |
| MONA HICKS | VP HUMAN RESOURCES Officer | 40 | $125,489 | $11,197 |
| BERNARD CUETO | VP FOR SPIRITUAL DEVELOPMENT Officer | 40 | $123,341 | $7,677 |
| CARA WALD | VP HUMAN RESOURCES Officer | 40 | $99,600 | $6,420 |
| TIMOTHY SOTOS | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| THOMAS MCCAFFREY | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHANDRA BILL-RABENECKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL J STEVENS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| REV WALTER B ARNOLD III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GINGER BILLS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM C BRADFORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CATHLEEN BURK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK H CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WAYNE W COTTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DANIEL A HANLEY ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT G HAWKINS ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES C JENKINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES J JOHNSTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| R MARSHALL JONES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MAMI KISNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICK C KOENIG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD A KRAUSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GRACE KURIAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN W LITTLE III ESQUIRE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARBARA A MOORE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDY ROGERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVEN G SCALICI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR JAMES H SCROGGINS IV | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUSAN SORRELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KARL H WATSON SR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KARL H WATSON JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 24708, WEST PALM BCH, FL 33416-4708
- Principal officer (990 for 2024)
- DR DEBRA A SCHWINN, 901 S FLAGLER DRIVE, WEST PALM BEACH, FL 33401
- Signed the 990
- DR DEBRA A SCHWINN, PRESIDENT
- Phone
- (561) 803-2083
- Website
- HTTP://WWW.PBA.EDU/
- Return prepared by
- TEMPLETON & COMPANY LLP
Mission
PALM BEACH ATLANTIC UNIVERSITY EQUIPS STUDENTS TO GROW IN WISDOM, LEAD WITH CONVICTION AND SERVE GOD BOLDLY.
Program accomplishments
- PALM BEACH ATLANTIC UNIVERSITY OFFERS HIGHER EDUCATION TO A TOTAL OF 4,271 STUDENTS, ENCOMPASSING BOTH FULL-TIME AND PART-TIME STUDENTS, ACROSS ITS 70 UNDERGRADUATE, 16 GRADUATE, AND 3 PROFESSIONAL DEGREE PROGRAMS, AND ALSO PROVIDES A RANGE OF AUXILIARY SERVICES SUCH AS CONTINUING EDUCATION, STUDENT HOUSING, A DINING HALL, AND A BOOKSTORE, TO NAME A FEW. MOREOVER, THE UNIVERSITY EXTENDS FINANCIAL ASSISTANCE TO 2,826 STUDENTS, NOTING THAT THIS NUMBER MAY VARY FROM THE OVERALL STUDENT COUNT SINCE CERTAIN STUDENTS MAY RECEIVE MULTIPLE TYPES OF FINANCIAL AWARDS.Expenses $142,740,625 · grants $50,365,649 · revenue $131,797,151
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-1092732
- 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
- 1970
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $378,907,334
- Income (IRS master file)
- $169,733,063
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $164,036,791 | $168,588,009 | $378,907,334 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $138,472,309 | $149,222,950 | $358,293,038 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $161,436,330 | $141,222,958 | $311,756,131 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $154,657,206 | $127,072,588 | $276,408,667 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 59-1092732).
Questions about PALM BEACH ATLANTIC UNIVERSITY INC
- What is the EIN of PALM BEACH ATLANTIC UNIVERSITY INC?
- The employer identification number (EIN) of PALM BEACH ATLANTIC UNIVERSITY INC is 59-1092732.
- Is PALM BEACH ATLANTIC UNIVERSITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to PALM BEACH ATLANTIC UNIVERSITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PALM BEACH ATLANTIC 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 PALM BEACH ATLANTIC 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 PALM BEACH ATLANTIC 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 PALM BEACH ATLANTIC UNIVERSITY INC?
- The 990 for the year ended June 30, 2025 names DR DEBRA A SCHWINN.
- Who are the officers and directors of PALM BEACH ATLANTIC UNIVERSITY INC?
- The 990 for the year ended June 30, 2025 lists 43 people; 16 received compensation from the organization, the highest $826,233 (DEBRA SCHWINN, PRESIDENT).
- How much revenue does PALM BEACH ATLANTIC UNIVERSITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $164,036,791, expenses of $168,588,009 and total assets of $378,907,334 at year end.
Other nonprofits in WEST PALM BCH
- KINGS ACADEMY INC EIN 59-1298881 · last filed 990 for 2025
- OXBRIDGE ACADEMY FOUNDATION INC EIN 94-3435402 · last filed 990 for 2025
- ATLANTIC CHRISTIAN ACADEMY OF THE PALM BEACHES INC EIN 46-3055806 · last filed 990 for 2025
- THE PALM BEACH STATE COLLEGE FDN INC EIN 59-1818556 · last filed 990 for 2024
- GREENE SCHOOL INC EIN 81-1359420 · last filed 990 for 2025
- CENTER FOR CHILD COUNSELING INC EIN 65-0932032 · last filed 990 for 2025
- NURSE ASSISTANT TRAINING SCHOOL INC EIN 59-2757346 · last filed 990 for 2025
- UNIVERSITY PREPARATORY ACADEMY PALM BEACH INC EIN 81-3361336 · last filed 990 for 2025