Public Charity

Mount Vernon Nazarene University

Based in Mount Vernon, OH, Mount Vernon Nazarene University operates as a Public Charity. The organization reported $69.2M in revenue, $72.0M in expenses, $98.4M in total assets for fiscal year 2025. Imperigo tracks 61 reported grant relationships connected to this organization totaling approximately $1.9M.

EIN: 310725957 Mount Vernon, OH Universities NTEE: B43 Latest filing: 2025
Total Revenue$69.2M
Total Expenses$72.0M
Total Assets$98.4M
Grant Records61
Funding Total$1.9M
Filing Years2021–2025

Mission

Mount Vernon Nazarene University is an accredited four-year liberal arts University that confers two- and four-year degrees and graduate degrees in a variety of academic disciplines. In addition, it provides logistical support for the educational and theological efforts of the Church of the Nazarene and other like-minded religious and educational organizations.

Where $100 goes at Mount Vernon Nazarene University

How Mount Vernon Nazarene University divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$88 Programs the work itself
$10 Management running the organization
$2 Fundraising raising the next dollar

Inside the $88 for programs

$88
The University is a four-year institution of higher education offering the degrees of Associate in Arts, Associate in Applied Science, Bachelor of Arts, Bachelor of Science, Masters of…
100% of program spending · Reported in the filing: 2,048 students
<$1
The University provides logistical and facility support for like-minded religious and educational organizations
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER, BOARD OF TRUSTEES Adam M Carr
VP FOR ACADEMIC AFFAIRS, CAO (THRU 1-2025) Amy Kovach
MEMBER, BOARD OF TRUSTEES Andrew J Monnin
MEMBER, BOARD OF TRUSTEES Bret M Layton
PRESIDENT, CEO Carson Castleman
MEMBER, BOARD OF TRUSTEES (THRU 8-2024) Cathy M Manson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,128,519 35 grants
General Support
$293,788 13 grants
Sports & Recreation
$145,057 2 grants
Economic Development
$40,500 3 grants
Unspecified
$260,736 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $69.2M $72.0M $98.4M
2024 $60.9M $65.2M $101.0M
2023 $65.9M $65.0M $104.9M
2022 $63.5M $64.7M $102.8M
2021 $70.2M $61.3M $109.1M

Between 2021 and 2025, reported annual revenue held roughly steady at around $69.2M, with total assets most recently reported at $98.4M.

Interactive year-over-year charts and full filing details available with membership.

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