Chapman University 
The information on this page was last updated 11/17/2025. If you see errors or omissions, please email: [email protected]
Summary
An academically distinguished university offering opportunities to learn and explore alongside world-class faculty, for a lifetime of personal achievement.
Contact information
Mailing address:
Chapman University
One University Drive
Orange, CA 92866
Website: www.chapman.edu
Phone: (714) 997-6815
Email: [email protected]
Organization details
EIN: 951643992
CEO/President: Matthew Parlow
Chairman: James P. Burra
Board size: 38
Founder:
Ruling year: 1951
Tax deductible: Yes
Fiscal year end: 05/31
Member of ECFA: No
Member of ECFA since:
Purpose
At Chapman, we strive for a vibrant intellectual community in which different ideas and perspectives are sought and encouraged - and enable new thinking to emerge. This type of welcoming community also helps to make every member feel valued and appreciated.
Mission statement
The mission of Chapman University is to provide personalized education of distinction that leads to inquiring, ethical and productive lives as global citizens.
Statement of faith
Articles
| 1/2/2026 | Set Free Alliance, Christian Health Service Corps Earn Highest Donor Confidence Scores |
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Colleges/Universities
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1093 of 1435 | 132 of 155 |
| Fund acquisition rating | | 1172 of 1435 | 135 of 155 |
| Resource allocation rating | | 413 of 1435 | 32 of 155 |
| Asset utilization rating | | 1237 of 1436 | 145 of 155 |
According to the organization's Form 990, it received $16,418,856 in government grants in 2025.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 13% | 38% | 42% | 32% | 37% | 13% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 2% | 3% | 3% | 3% | 2% | 2% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 15% | 7% | 6% | 8% | 6% | 12% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 2% | 3% | 3% | 3% | 3% | 2% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 85% | 93% | 94% | 92% | 94% | 88% |
| Operating ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 89% | 88% | 89% | 90% | 89% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 91% | 88% | 93% | 84% | 83% |
Program output ratio Program output ratio = Program services / Total revenue | 81% | 81% | 77% | 83% | 75% | 74% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | 9% | 12% | 7% | 16% | 17% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 2% | 4% | 5% | 3% | 7% | 8% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 14% | 9% | 9% | 8% | 8% | 9% |
| Investing ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.52 | 0.29 | 0.30 | 0.29 | 0.27 | 0.29 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.73 | 5.41 | 5.41 | 4.86 | 3.89 | 4.20 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.45 | 1.57 | 1.62 | 1.43 | 1.06 | 1.21 |
| Liquidity ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Current ratio Current ratio = Total current assets / Total current liabilities | 8.18 | 5.66 | 5.41 | 5.76 | 6.82 | 5.17 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.12 | 0.18 | 0.18 | 0.17 | 0.15 | 0.19 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.99 | 6.29 | 6.04 | 6.93 | 9.62 | 8.02 |
| Solvency ratios | Sector median | 2025 | 2024 | 2023 | 2022 | 2021 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 20% | 22% | 24% | 27% | 27% | 24% |
Debt ratio Debt ratio = Debt / Total assets | 10% | 18% | 20% | 23% | 23% | 18% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 148% | 268% | 254% | 248% | 267% | 265% |
Financials
| Balance sheet | |||||
| Assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Cash | $144,396,309 | $148,327,279 | $218,933,712 | $165,811,537 | $177,898,295 |
| Receivables, inventories, prepaids | $78,819,789 | $79,980,174 | $73,393,560 | $63,461,477 | $84,752,671 |
| Short-term investments | $215,587,307 | $192,677,104 | $161,957,281 | $318,408,178 | $173,958,508 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $438,803,405 | $420,984,557 | $454,284,553 | $547,681,192 | $436,609,474 |
| Long-term investments | $700,717,703 | $617,873,076 | $511,431,000 | $463,778,566 | $398,105,306 |
| Fixed assets | $1,119,170,247 | $1,131,631,944 | $1,132,685,682 | $963,339,028 | $965,778,242 |
| Other long-term assets | $114,895,513 | $108,750,988 | $108,806,737 | $158,026,670 | $31,311,669 |
| Total long-term assets | $1,934,783,463 | $1,858,256,008 | $1,752,923,419 | $1,585,144,264 | $1,395,195,217 |
| Total assets | $2,373,586,868 | $2,279,240,565 | $2,207,207,972 | $2,132,825,456 | $1,831,804,691 |
| Liabilities | 2025 | 2024 | 2023 | 2022 | 2021 |
| Payables and accrued expenses | $55,263,698 | $54,946,468 | $54,665,387 | $57,852,430 | $61,696,988 |
| Other current liabilities | $22,241,396 | $22,889,948 | $24,235,680 | $22,435,667 | $22,811,109 |
| Total current liabilities | $77,505,094 | $77,836,416 | $78,901,067 | $80,288,097 | $84,508,097 |
| Debt | $436,339,253 | $456,947,404 | $505,512,058 | $482,235,346 | $335,906,847 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $11,978,138 | $10,001,759 | $10,617,070 | $10,268,533 | $14,060,561 |
| Total long-term liabilities | $448,317,391 | $466,949,163 | $516,129,128 | $492,503,879 | $349,967,408 |
| Total liabilities | $525,822,485 | $544,785,579 | $595,030,195 | $572,791,976 | $434,475,505 |
| Net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Without donor restrictions | $1,371,938,444 | $1,300,857,820 | $1,226,193,099 | $1,190,213,480 | $1,019,914,554 |
| With donor restrictions | $475,825,939 | $433,597,166 | $385,984,678 | $369,820,000 | $377,414,632 |
| Net assets | $1,847,764,383 | $1,734,454,986 | $1,612,177,777 | $1,560,033,480 | $1,397,329,186 |
| Revenues and expenses | |||||
| Revenue | 2025 | 2024 | 2023 | 2022 | 2021 |
| Total contributions | $52,940,574 | $49,146,420 | $56,695,460 | $44,045,778 | $78,277,371 |
| Program service revenue | $646,573,849 | $632,482,855 | $622,069,242 | $568,740,523 | $519,389,948 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $39,163,347 | $83,974,819 | $8,770,698 | $75,475,224 | $28,276,848 |
| Other revenue | $19,088,204 | $10,633,086 | $10,052,119 | $9,456,494 | $8,489,942 |
| Total other revenue | $704,825,400 | $727,090,760 | $640,892,059 | $653,672,241 | $556,156,738 |
| Total revenue | $757,765,974 | $776,237,180 | $697,587,519 | $697,718,019 | $634,434,109 |
| Expenses | 2025 | 2024 | 2023 | 2022 | 2021 |
| Program services | $610,506,752 | $599,943,727 | $578,998,204 | $522,637,263 | $469,678,670 |
| Management and general | $58,953,396 | $61,706,696 | $53,229,288 | $44,259,631 | $47,111,552 |
| Fundraising | $20,279,815 | $20,619,378 | $17,884,210 | $16,339,033 | $10,020,874 |
| Total expenses | $689,739,963 | $682,269,801 | $650,111,702 | $583,235,927 | $526,811,096 |
| Change in net assets | 2025 | 2024 | 2023 | 2022 | 2021 |
| Surplus (deficit) | $68,026,011 | $93,967,379 | $47,475,817 | $114,482,092 | $107,623,013 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $68,026,011 | $93,967,379 | $47,475,817 | $114,482,092 | $107,623,013 |
Compensation
| Name | Title | Compensation |
| Daniele Struppa | President/Ex-Officio Trustee | $1,897,658 |
| Harold Hewitt Jr | Exec VP & COO (thru 4/23/25) | $1,060,378 |
| Matthew Parlow | Exec VP and Chief Advancement | $983,995 |
| Norma Bouchard | EVP Provost (thru 3/13/25) | $875,095 |
| Andrew Jordan | Faculty | $709,232 |
| Janna Bersi | Sr.vp, Investments & Admin | $687,710 |
| Vernon Smith | Faculty - Nobel Laureate | $645,642 |
| Yakir Aharonov | Faculty | $548,154 |
| Henrik Cronqvist | Faculty | $540,302 |
| Janine Dumontelle | VP, General Counsel | $534,186 |
| Helen Norris | Vice President & CIO | $488,235 |
| Jerry Price | SVP Stdnt Affairs/Dean of Stdnt | $471,345 |
| Brenda Rushforth | VP & Chief HR Officer | $454,981 |
| Glenn Pfeiffer | Interim Provost (3/1-5/31/25) | $452,837 |
| Brian Thomason | Interim Exec VP & COO | $443,614 |
| Michael Pelly | VP Office of Enrollment Mgmt | $425,968 |
| Collette Creppell | VP Campus Planning & Design | $417,951 |
Compensation data as of: 5/31/2025
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 11/17/2025. To update the information below, please email: [email protected]
History
https://www.chapman.edu/about/our-story/index.aspx