Palm Beach Atlantic University

The information on this page was last updated 5/24/2023. If you see errors or omissions, please email: [email protected]


Founded in 1968, PBA is a top-notch Christian university preparing students to lead fulfilling lives through learning, leadership and service. Founded under the providence of God with the conviction that there is a need for a university in this community that will expand the minds, develop the moral character and enrich the spiritual lives of all the people who may come within the orbit of its influence, Palm Beach Atlantic University shall stand as a witness for Jesus Christ, expressed directly through its administration, faculty, and students.

Contact information

Mailing address:
Palm Beach Atlantic University
PO BOX 24708
West Palm Beach, FL 33416


Phone: 888-468-6722

Email: [email protected]

Organization details

EIN: 591092732

CEO/President: Debra Schwinn

Chairman: Timothy S. Sotos

Board size: 26

Founder: Jess C. Moody

Ruling year: 1970

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: No

Member of ECFA since:


PBA's vision is to be the premier, Christian university offering whole-person education that prepares students from around the globe to tackle the problems of their day with godly character, open arms and a servant's heart.

Mission statement

PBA equips students to grow in wisdom, lead with conviction and serve God boldly.

Statement of faith

Donor confidence score

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Transparency grade


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Financial efficiency ratings

Sector: Colleges/Universities

CategoryRatingOverall rankSector rank
Overall efficiency rating570 of 107675 of 130
Fund acquisition rating438 of 107749 of 130
Resource allocation rating575 of 107768 of 130
Asset utilization rating667 of 107682 of 130

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Balance sheet
Receivables, inventories, prepaids$30,322,591$31,147,708$32,048,733$31,338,977$32,845,606
Short-term investments$965,686$664,325$697,605$52,349,425$49,624,706
Other current assets$0$0$0$0$0
Total current assets$51,716,714$51,643,644$50,147,337$101,756,928$103,726,219
Long-term investments$73,152,706$58,017,765$58,008,491$5,480,056$4,820,768
Fixed assets$105,837,432$110,077,635$110,668,552$114,200,309$110,087,215
Other long-term assets$13,205,807$1,084,156$521,394$194,629$242,097
Total long-term assets$192,195,945$169,179,556$169,198,437$119,874,994$115,150,080
Total assets$243,912,659$220,823,200$219,345,774$221,631,922$218,876,299
Payables and accrued expenses$4,324,462$6,664,383$3,998,680$4,248,253$6,197,793
Other current liabilities$8,085,406$5,388,506$1,619,626$1,539,713$1,971,767
Total current liabilities$12,409,868$12,052,889$5,618,306$5,787,966$8,169,560
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$12,854,326$2,977,963$2,833,594$2,664,001$3,751,318
Total long-term liabilities$44,955,584$37,392,621$39,571,372$41,260,514$42,738,277
Total liabilities$57,365,452$49,445,510$45,189,678$47,048,480$50,907,837
Net assets20212020201920182017
Without donor restrictions$93,449,938$93,089,561$93,565,257$97,197,944$93,251,546
With donor restrictions$93,097,269$78,288,129$80,590,839$77,385,498$74,716,916
Net assets$186,547,207$171,377,690$174,156,096$174,583,442$167,968,462
Revenues and expenses
Total contributions$18,629,928$14,652,882$6,534,831$12,699,833$10,223,832
Program service revenue$99,385,955$99,019,427$101,581,291$98,571,645$95,449,259
Membership dues$0$0$0$0$0
Investment income$1,105,610$2,608,035$4,020,012$7,605,151$2,584,000
Other revenue$92,091$445,764$396,380$444,023$369,014
Total other revenue$100,583,656$102,073,226$105,997,683$106,620,819$98,402,273
Total revenue$119,213,584$116,726,108$112,532,514$119,320,652$108,626,105
Program services$99,169,727$97,396,268$97,585,010$89,237,222$87,467,110
Management and general$17,897,986$20,234,921$16,546,108$20,781,696$19,485,822
Total expenses$118,783,963$119,139,699$115,643,637$111,520,097$108,430,709
Change in net assets20212020201920182017
Surplus (deficit)$429,621($2,413,591)($3,111,123)$7,800,555$195,396
Other changes in net assets$0$0$0$0$0
Total change in net assets$429,621($2,413,591)($3,111,123)$7,800,555$195,396


William FlemingPresident$897,058
John KautzVice President For Finance$219,887
Jeffrey LewisDean of Gregory School of Pharmacy$205,261
Randolph E RichardsProvost, CAO$191,583
Connie ShepherdExecutive VP Strategy & Planning$175,435
Timothy WorleyVice President For Admiss.$171,844
Vicki PughVice President For Develop.$160,712
John HayesAssociate Professor$155,417
Robert LloydDean of the School of Arts and Sciences$149,620
Dana StrachanAssociate Dean For Academics$148,179
Adwoa NornooAssociate Professor$145,808
Carolyn StoneVP For Intercollegiate Athletics$65,793

Compensation data as of: 6/30/2020

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 5/24/2023. To update the information below, please email: [email protected]


In a time of cultural unsettlement, Palm Beach Atlantic University was founded in 1968 as a coeducational Christian liberal arts university. The first classes at Palm Beach Atlantic University, formerly Palm Beach Atlantic College named for its location in the Palm Beaches, were held in the fall of 1968 in downtown West Palm Beach at 1101 South Olive Avenue in the former facilities of the First Baptist Church. PBA held its first graduation in the spring of 1972 and later that year received initial accreditation from the regional accrediting association.

Over the years, Palm Beach Atlantic has expanded to approximately 29 acres of land from the Intracoastal Waterway west along Okeechobee Boulevard to Dixie Highway, south to Jefferson Street, and back east to the waterway but all began with the first building, the Lassiter Student Center, which was occupied in 1983.

Currently, PBA's main campus is located on Flagler Drive with stunning views of the Intracoastal, and steps away from Palm Beach.

Program accomplishments