2026-05-05T09:00:05+00:00 2025-06-30 440160260 FORVIS MAZARS LP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2024-07-01 340737794 MALONE UNIVERSITY MALO 3304718100 2600 CLEVELAND AVE NW CANTON OH 44709 GREG MILLER President 3304718100 2026-05-05 true Anne White P01708202 2604604000 2026-05-15 2024 2025-03-06 01:10:19Z GREG MILLER 2600 CLEVELAND AVE NW CANTON OH 44709 55143420 false X WWW.MALONE.EDU X 1899 OH THE UNIVERSITY IS COMMITTED TO INTELLECTUAL ENRICHMENT IN THE CONTEXT OF CHRISTIAN FAITH THAT PRODUCES GRADUATES WITH A LOVE OF TRUTH AND MATURE FAITH. 31 27 722 27 0 0 5665592 5984584 36470308 37233441 820566 2235292 0 -73926 42956466 45379391 17275644 17924624 0 0 13525045 14045222 0 0 1064567 12991741 13207303 43792430 45177149 -835964 202242 66873325 68671490 18432515 19510187 48440810 49161303 THE MISSION OF MALONE UNIVERSITY IS TO PROVIDE STUDENTS WITH AN EDUCATION BASED ON BIBLICAL FAITH IN ORDER TO DEVELOP MEN AND WOMEN IN INTELLECTUAL MATURITY, WISDOM, AND CHRISTIAN FAITH WHO ARE COMMITTED TO SERVING THE CHURCH, COMMUNITY, AND THE WORLD. false false 32961374 17657625 33846939 TRADITIONAL UNDERGRADUATE - MALONE'S CHRISTIAN LIBERAL ARTS APPROACH IS WIDELY RECOGNIZED TODAY AS PRODUCING EXCEPTIONAL GRADUATES PREPARED FOR ALL ASPECTS OF LIFE. OUR INTENT IS THAT STUDENTS ATTAIN THE WISDOM, KNOWLEDGE, AND SKILLS NECESSARY TO SERVE, ENGAGE, AND TRANSFORM THE COMMUNITIES IN WHICH THEY LIVE AND WORK. UNDERGRADUATE EDUCATIONAL GOALS ARE: (1) UNDERSTAND AND CRITICALLY ENGAGE THOSE BODIES OF KNOWLEDGE AND CULTURAL INFLUENCES THAT HAVE SHAPED THE WORLD; (2) UNDERSTAND THE BIBLICAL, HISTORICAL, AND THEOLOGICAL FOUNDATIONS OF THE CHRISTIAN FAITH; (3) THINK CRITICALLY AND CREATIVELY AND COMMUNICATE EFFECTIVELY IN MULTIPLE CONTEXTS; (4) ATTAIN EXPERTISE IN AT LEAST ONE PROFESSION OR ACADEMIC DISCIPLINE AND LAY THE FOUNDATION FOR MEANINGFUL WORK OR FURTHER STUDIES AT THE GRADUATE LEVEL; AND (5) EXPLORE THE IMPLICATION OF THE CHRISTIAN FAITH FOR ALL AREAS OF LIVING, INCLUDING INTELLECTUAL, SPIRITUAL, AND COMMUNITY PURSUITS. THE UNIVERSITY IS COMPRISED OF FOUR DIVISIONS AND ONE CENTER: THE CENTER FOR INTERCULTURAL STUDIES. OFFERING 50 UNDERGRADUATE MAJORS, 43 MINORS, AND 11 PRE-PROFESSIONAL PROGRAMS. FALL 2024 TRADITIONAL UNDERGRADUATE FTE ENROLLMENT WAS 800.4, WITH A STUDENT TO FACULTY RATIO OF 13.5 TO 1. RESIDENT HEADCOUNT WAS 449 AND COMMUTER HEADCOUNT WAS 556. 4475996 250174 3330945 GRADUATE STUDIES - MALONE UNIVERSITY HAS DEVELOPED GRADUATE PROGRAMS AND WORKSHOPS TO MEET THE NEEDS OF PROFESSIONALS DESIRING TO ADVANCE THEIR KNOWLEDGE AND SKILLS IN A FAITH-BASED ENVIRONMENT. THE FOLLOWING AREAS OF STUDY ARE OFFERED: BUSINESS ADMINISTRATION (MBA), SCHOOL COUNSELING (MAED), NURSING (MSN), AND CLINICAL MENTAL HEALTH COUNSELING (MAED). FALL 2024 GRADUATE FTE ENROLLMENT WAS 211.2; HEADCOUNT WAS 263. IN ADDITION, MALONE UNIVERSITY OFFERS OPTIONS FOR EDUCATION AND BUSINESS PROFESSIONAL DEVELOPMENT THROUGH WORKSHOPS AND CERTIFICATE PROGRAMS. 772010 16825 55557 NON-TRADITIONAL UNDERGRADUATE: MALONE UNIVERSITY OFFERS A DEGREE COMPLETION OPTION TO ADULT LEARNERS WITH PRIOR UNDERGRADUATE COURSEWORK: MGMT (MALONE MANAGEMENT PROGRAM). STUDENTS CAN COMPLETE THEIR DEGREES IN AS LITTLE AS 12 MONTHS. THE ACCELERATED BACHELORS IN ORGANIZATIONAL MANAGEMENT PREPARES FOR ACTIVE LEADERSHIP ROLES IN CORPORATE, GOVERNMENT AND NON-PROFIT ENVIRONMENTS. FALL 2024 MGMT FTE ENROLLMENT WAS 10.7; HEADCOUNT WAS 16. MALONE UNIVERSITY OFFERS A NON DEGREE 18 MONTH CERTIFICATE PROGRAM IN PRACTICAL MINISTRY FOR THOSE WHO WISH TO BE EQUIPPED FOR PRACTICAL AND RELEVANT MINISTRY. FALL 2024 HEADCOUNT WAS 11. 38209380 true true false false false false false false false true true false false false true false true true true false false false false false true false false false true true false false false false false false true true true false true false false false true false false false false false true 117 0 722 true false false false false false true true false false false false false false X 31 27 false false false false false false false true true false false false false true true true true true true true false false OH X KATIE ROBBINS 3304718100 2600 CLEVELAND AVE NW CANTON OH 44709 ALICE WILLIAMS TREASURER 1.0 0.0 X X 0 0 0 GREG MILLER PRESIDENT 40.0 0.0 X X 232752 0 65119 MATTHEW SUTTER VICE CHAIR 1.0 0.0 X X 0 0 0 SHARI HANSEN CHAIR 1.0 0.0 X X 0 0 0 SUSAN GRABOWSKI SECRETARY 1.0 0.0 X X 0 0 0 BRIAN KARMIE TRUSTEE 1.0 0.0 X 0 0 0 CATHY ANDERSON TRUSTEE 1.0 0.0 X 0 0 0 DANIEL MITCHELL TRUSTEE 1.0 0.0 X 0 0 0 DAVID MILLER TRUSTEE 1.0 0.0 X 0 0 0 DAVID MUNGO TRUSTEE 1.0 0.0 X 0 0 0 DEBORAH NOBLE GOVERNANCE 1.0 0.0 X 0 0 0 DEBORAH ROBINSON TRUSTEE 1.0 0.0 X 0 0 0 DOUGLAS SCHWARZ TRUSTEE 1.0 0.0 X 0 0 0 EDWARD WALSH TRUSTEE 1.0 0.0 X 0 0 0 ERIC LUND TRUSTEE 1.0 0.0 X 0 0 0 GEOFF SCHULTZ TRUSTEE 1.0 0.0 X 0 0 0 JACK RADCLIFFE TRUSTEE 1.0 0.0 X 8981 0 0 JAMES MARGO TRUSTEE 1.0 0.0 X 0 0 0 JAMES SMUCKER TRUSTEE 1.0 0.0 X 0 0 0 JASON YOST TRUSTEE 1.0 0.0 X 0 0 0 JOSE URRUTIA TRUSTEE 1.0 0.0 X 0 0 0 KIMBERLEY VANDERGIFT TRUSTEE 1.0 0.0 X 0 0 0 KRISTA ALLISON TRUSTEE 1.0 0.0 X 0 0 0 LARRY SMERGLIA TRUSTEE 1.0 0.0 X 0 0 0 MARCIE CURRY TRUSTEE 1.0 0.0 X 0 0 0 MARION COBLENTZ TRUSTEE 1.0 0.0 X 0 0 0 PAMELA BURCH TRUSTEE 1.0 0.0 X 0 0 0 REX BROAD TRUSTEE 1.0 0.0 X 0 0 0 SAMUEL HUANG TRUSTEE 1.0 0.0 X 0 0 0 TIMOTHY POWELL TRUSTEE 1.0 0.0 X 0 0 0 WALTER ARRINGTON TRUSTEE 1.0 0.0 X 0 0 0 BRIAN HOLLINGSWORTH VP ADVANCEMENT 40.0 0.0 X 117139 0 13868 CHRISTINA SCHNYDERS PROVOST 40.0 0.0 X 116041 0 15043 ERIC YOUNG VP ENROLLMENT & MARKETING 40.0 0.0 X 120201 0 15098 KATIE ROBBINS VP FINANCE & BUSINESS AFFAIRS 40.0 0.0 X 172739 0 21960 MELODY SCOTT VP STUDENT DEVELOPMENT 40.0 0.0 X 98833 0 7033 866686 0 138121 5 false true false AVI FOODSYSTEMS INC 2590 ELM RD NE WARREN OH 44483 FOOD SERVICES 2146030 SLINGSHOT LP 1500 S WESTERN AVE MARION IN 46953 BOOKSTORE 433689 ENROLLMENTFUEL LLC PO BOX 9792 CHAPEL HILL NC 27515 ENROLLMENT SERVICES 412410 JENZABAR 1450 Technology Drive Harrisonburg VA 22802 SOFTWARE 262631 ALLIANCE COMMUNITY HOSPITAL 200 E STATE ST ALLIANCE OH 44601 ATHLETIC TRAINING SERVICES 258886 10 106200 979418 4898966 549394 5984584 TUITION, FEES, ETC 611710 31108284 31108284 AUXILIARY REVENUE 900099 5995202 5995202 BOOKSTORE SALES 900099 34077 34077 TRANSCRIPT FEES 900099 13518 13518 TESTING SERVICES 900099 1460 1460 80900 80900 0 0 37233441 884239 884239 1245 1245 0 0 11018111 1000 9655755 12303 1362356 -11303 1351053 1351053 20800 106200 95971 -75171 -75171 0 0 0 0 0 45379391 37233441 0 2161366 0 0 17924624 17924624 0 0 0 0 885607 140065 614535 131007 97991 97991 10283512 7507534 2378796 397182 58660 40165 15721 2774 1891030 1667782 189763 33485 828422 567863 221478 39081 26584 26584 119772 119772 88107 88107 79417 79417 420832 127458 117955 175419 973797 816379 90050 67368 341621 203384 56896 81341 933740 211676 722064 1525122 1242152 282970 968121 874699 69322 24100 90959 58702 30567 1690 1275305 1275305 2074276 1426481 550633 97162 163673 163673 OTHER AUXILLARY 2811350 2811350 OTHER EDUCATION EXPENSE 255255 244222 11033 DUES/MEMBERSHIPS 153553 65729 73866 13958 BAD DEBTS 53135 53135 852684 852684 0 0 45177149 38209380 5903202 1064567 9000 9000 4516300 5000198 3385320 3512066 1046464 853254 0 0 0 0 307068 383900 311374 413392 102844830 67154986 35650913 35689844 20052491 21359875 0 0 1594395 1449961 66873325 68671490 1462235 1676163 1513993 1149939 0 0 9208136 8668960 6248151 8015125 18432515 19510187 X 19298546 18422878 29142264 30738425 48440810 49161303 66873325 68671490 X 202242 422724 32600 62927 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25614176 335761 2559047 735094 413578 51934 27308378 23670132 302080 2779686 697357 391626 48739 25614176 22070190 373973 2254726 606790 372926 49041 23670132 25218779 341750 -2397371 621578 420128 51262 22070190 21131674 373805 4693065 577611 355743 46411 25218779 0.01 0.99 0.0 true false 3301345 3301345 58485224 32594195 25891029 21345111 20193505 1151606 19713150 14367286 5345864 35689844 Federal Income Taxes LINE OF CREDIT 7968000 CAPITAL LEASE OBLIGATION 47125 8015125 28006062 422724 32600 95971 551295 27454767 17924624 17924624 45379391 27348496 95971 95971 27252525 17924624 17924624 45177149 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds MALONE UNIVERSITY HAS A POLICY OF APPROPRIATING FOR EXPENDITURE EACH YEAR 5% OF ITS INVESTED ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR THREE YEARS. A DIVERSIFIED ASSET ALLOCATION IS TARGETED THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS. APPROPRIATIONS ARE USED PRIMARILY TO FUND SCHOLARSHIPS, AND FOR THE RENOVATION OF BUILDINGS AND EQUIPMENT REPLACEMENT. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 FUNDRAISING EXPENSES - 95971 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements FINANCIAL AID - 17255860 OUTSIDE SCHOLARSHIPS - 668764 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 FUNDRAISING EXPENSES - 95971 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements FINANCIAL AID - 17255860 OUTSIDE SCHOLARSHIPS - 668764 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THIS INFORMATION IS PROVIDED IN WRITTEN FORM IN THE UNIVERSITY CATALOG, ON ALL ADMISSIONS DOCUMENTS AND OTHER DOCUMENTS DISSEMINATED THROUGHOUT THE CAMPUS. IT IS ALSO LISTED ON ALL EMPLOYMENT ADVERTISEMENTS AND ON THE MALONE.EDU WEBSITE THAT ARE CARRIED LIVE. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT MALONE UNIVERSITY RECEIVES FEDERAL STUDENT AID (FSA) FUNDS FOR DISBURSEMENT TO CURRENTLY ENROLLED STUDENTS UNDER THE TITLE IV PROGRAM. QUALIFIED STUDENTS MAY ALSO APPLY FOR AND RECEIVE FINANCIAL AID THROUGH THE DEPARTMENT OF HEALTH AND HUMAN SERVICES, THE DEPARTMENT OF VETERANS' AFFAIRS, AND THE CORPORATION FOR NATIONAL AND COMMUNITY SERVICE (AMERICORPS). STATE FINANCIAL AID IS DETERMINED BY THE STUDENT'S RESIDENT STATUS. STATE GRANTS (NON-STUDENT) ARE APPLIED FOR BY THE UNIVERSITY BASED ON EDUCATION AND TEACHING PROGRAMS OFFERED. Faith Forward 127000 106200 20800 0 6207 2650 10116 40000 36998 0 0 127000 106200 20800 0 6207 2650 10116 40000 36998 95971 -75171 true SCHOLARSHIPS 835 17924624 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds GRANTS AND SCHOLARSHIPS ARE MONITORED FOR APPROPRIATE USE BY VALIDATING REGISTRATION AND SATISFACTORY PROGRESS TOWARDS COMPLETION OF EDUCATIONAL REQUIREMENTS. X X true true X X X X false false false false false false false false false GREG MILLER PRESIDENT 181914 0 40000 0 10838 0 15251 0 49868 0 297871 0 40000 0 KATIE ROBBINS VP FINANCE & BUSINESS AFFAIRS 132361 0 39780 0 598 0 21362 0 598 0 194699 0 39780 0 Schedule J, Part I, Line 1a Travel for companions PRESIDENT GREG MILLER RECEIVED TRAVEL FOR COMPANIONS IN ORDER TO FACILITATE MEETINGS WITH PROSPECTIVE DONORS. THIS IS FOR BUSINESS USE ONLY AND IS SUFFICIENTLY DOCUMENTED. IT IS NON-TAXABLE. Schedule J, Part I, Line 1a Housing allowance or residence for personal use GREG MILLER, WHILE SERVING AS PRESIDENT OF THE UNIVERSITY, QUALIFIES AS A MINISTER UNDER THE MINISTERIAL EXCEPTION AND THEREFORE IS ELIGIBLE FOR THE HOUSING ALLOWANCE EXCLUSION FROM GROSS INCOME. THE PRESIDENT RECEIVED A NON-TAXABLE MONTHLY HOUSING ALLOWANCE TOTALING $36,000 FOR THE YEAR NA N/A 31822 SCHOLARSHIPS EDUCATION LAUREN SEIFERT CHILD OF LARRY SMERGLIA 62882 COMPENSATION false JULIA KONTUR CHILD OF BRIAN KARMIE 35109 COMPENSATION false AVI FOODSYSTEMS INC SUBSTANTIAL CONTRIBUTOR 2146030 FOOD SERVICES false 1 6500 Market value 4 530190 Market value X Shed 12x20 1 6704 Market value X Tuba 1 6000 Market value 0 false true false Schedule M, Part I THE AMOUNTS LISTED IN PART I, COLUMN B ARE BASED ON THE NUMBER OF CONTRIBUTORS FOR EACH TYPE OF PROPERTY CONTRIBUTED. Form 990, Part VI, Line 1b GREG MILLER IS A PAID EMPLOYEE OF THE UNIVERSITY, AND, AS SUCH, IS CONSIDERED A NON-INDEPENDENT BOARD MEMBER. MARCIE CURRY, LARRY SMERGLIA, AND BRIAN KARMIE ARE CONSIDERED NON-INDEPENDENT BOARD MEMBERS DUE TO TRANSACTIONS REPORTED ON SCHEDULE L. Form 990, Part VI, Line 11b Review of form 990 by governing body A DRAFT FORM 990 WAS REVIEWED IN DETAIL WITH THE AUDIT AND FINANCE COMMITTEE WITH APPROVAL. THE AUDIT AND FINANCE COMMITTEE RECOMMENDED APPROVAL OF THE FORM 990 BY THE FULL BOARD OF TRUSTEES. THE APPROVED COPY OF FORM 990 WAS MADE AVAILABLE TO ALL BOARD MEMBERS THROUGH ELECTRONIC MAIL. SCHEDULE B WAS REDACTED IN THE EMAILED VERSION, WITH A HARD COPY MADE AVAILABLE TO THE BOARD IN THE FINANCE OFFICE. Form 990, Part VI, Line 12c Conflict of interest policy THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL CONFLICT OF INTEREST STATEMENTS OF FAMILY AND BUSINESS DISCLOSURE LETTERS RETURNED TO MALONE WHERE A CONFLICT IS DISCLOSED. THE ANNUAL CONFLICT OF DISCLOSURE STATEMENTS ARE SUBMITTED TO AND REVIEWED BY THE EXECUTIVE COMMITTEE. IN ADDITION, THE EXECUTIVE STAFF IS RESPONSIBLE FOR MONITORING ANY POSSIBLE CONFLICT TRANSACTION THAT ARISES TO ENSURE THAT ALL TRANSACTIONS REPRESENT ARM'S LENGTH, FAIR MARKET VALUE FOR THE BENEFIT OF THE ORGANIZATION. Form 990, Part VI, Line 15a Process to establish compensation of top management official COMPENSATION STUDIES FOR THE ORGANIZATION'S PRESIDENT ARE RESEARCHED AND PREPARED BY THE HR DIRECTOR. THAT INFORMATION IS SUBMITTED TO THE PRESIDENTIAL REVIEW AND COMPENSATION COMMITTEE (PRCC) AT THE OCTOBER BOARD MEETING FOR THEIR REVIEW AND APPROVAL. THE COMMITTEE IS RESPONSIBLE FOR APPLYING TERMS AND PROCESSES OF THE EXECUTIVE COMPENSATION AND INTERMEDIATE SANCTIONS AS OUTLINED ABOVE TO FOLLOW THE REBUTTAL PRESUMPTION OF REASONABLENESS TEST. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE PROCESS FOR DETERMINING COMPENSATION FOR THE ORGANIZATION'S OFFICERS, AND KEY EMPLOYEES IS PREPARED BY THE HR DIRECTOR AND THE INFORMATION IS SUBMITTED TO THE PRESIDENT FOR HIS/HER REVIEW AND APPROVAL. THE HR DIRECTOR USES CUPA REPORTS TO DETERMINE THE APPROPRIATE SALARIES AT THE VICE-PRESIDENTIAL AND ADMINISTRATOR LEVEL. THE PROVOST REVIEWS THE SALARIES OF PROGRAM CHAIRS AND KEY FACULTY MEMBERS. Form 990, Part VI, Line 19 Required documents available to the public MALONE UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, AND APPLICABLE DOCUMENT COPIES ARE SENT TO THE REQUESTER FREE OF CHARGE. Form 990, Part VIII, Line 2f Other Program Service Revenue PARKING FEES - Total Revenue: 825, Related or Exempt Function Revenue: 825, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; MISCELLANEOUS - Total Revenue: 80075, Related or Exempt Function Revenue: 80075, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF BENEFICIAL INTERESTS - 62927; Total - 62927; MALONE NATURE PRESERVE LLC 2600 CLEVELAND AVE NW CANTON OH 44709 EDUCATIONAL OH 86423 157265 MALONE UNIVERSITY