UNIVERSITY OF FINDLAY
Mission Statement
The mission of the University of Findlay is to equip students for meaningful lives and productive careers. Colleges within the University, including the College of Education (COE), believe that it is essential to not only fulfill this mission for enrolled students, but also for individuals in the community. Therefore, in 2008 the COE established The Clubhouse Reading Center (The Clubhouse) to provide free literacy outreach service to the children and adolescents of area children to afford them better opportunities to succeed. The mission of The Clubhouse is to support and enhance the reading skills and needs of area children through relevant and personal reading assessments and intervention.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.2% | 87.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.0% | 10.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 1.3% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2596.8% | 4180.7% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
14.0 mo | 20.9 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
25.7% | 26.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
82.3% | 82.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-0.1% | 6.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.4% | 4.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.8% | 3.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $152.4M | $153.7M | $179.1M | 91.2% | 1979 |
| 2024 | $152.5M | $153.1M | $178.5M | 89.6% | 2008 |
| 2023 | $146.3M | $144.4M | $178.0M | 90.7% | 1982 |
| 2022 | $155.2M | $139.1M | $175.4M | 89.1% | 1811 |
| 2021 | $146.6M | $136.4M | N/A | — | 2372 |
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