Touro University Nevada

Overview

Mission

Touro university Nevada's ("tun") primary purpose is to provide an independent institution of higher education. (see schedule o)touro university Nevada ("tun") offers a four year program leading to a degree of doctor of osteopathic medicine and programs leading to bachelors and masters degrees in physician assistant, nursing, occupational and physical therapy and education.

What it reported doing in 2024

Academic programs: within the touro system, touro university Nevada, a Nevada corporation (tun), includes a college of osteopathic medicine, established as a branch campus of touro university (California), and a college of health and human services offering various programs in the health professions and education. During this fiscal year tun granted the following academic degrees: undergraduate (22); graduate (155); doctoral or first professional (301). (see schedule o) touro university Nevada has provided academic support and administrative support to touro university since inception. From time to time touro university Nevada provides support for academic programs of touro university.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
200363127
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
New York, NY, USA
Phone
6465656000
Rating
72
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Graduate, Professional Schools (Separate Entities)

Reported finances

Revenue
$74,769,274
Expenses
$69,067,656
Assets
$122,570,279
Liabilities
$66,931,682

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 72
  • Accountability: 70
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.7%; rating input score 79
  • Program expense ratio: 85.3%; rating input score 85
  • Fundraising efficiency: $1.01 raised per $1 spent on fundraising; rating input score 2; 2nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 30th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 65.4%; rating input score 65; 17th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 7.6%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 1.77; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 46th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 78.7% of revenue deployed · 85.3% of spending went to programs
  • Governance: 17 of 26 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $58.9M in reported program spending
  • Leadership: top reported pay $1.4M · 41 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.7M reported
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 annual filings from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 25 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Financial Efficiency: Fundraising efficiency scored 2/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.

Leadership & pay

41 people listed

Highest reported compensation

  • ALAN KADISH (PRESIDENT, CEO AND TRUSTEE): $1,361,965 total reported compensation
  • SALOMON AMAR (SR VP FOR RESEARCH AFFAIRS): $722,091 total reported compensation
  • PATRICIA SALKIN (PROVOST GRAD AND PROF SCHOOLS): $628,919 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024.