The Trustees of the Smith College
Overview
Mission
Smith college educates women of promise for lives of distinction and purpose. A college of and for the world, smith college links the power of the liberal arts to excellence in research and scholarship, developing leaders for society's challenges. See schedule o.
What it reported doing in 2024
The school for social work offers a master of social work (msw) degree focused on clinical social work and direct field work practice. The program stresses the integration of clinical theory & practice with an understanding of the social context in which people live. It also emphasizes an understanding of the social policies and organizational structure that influence the school's service delivery system. In addition, the school offers a ph.d. Program designed to prepare msws for leadership positions in clinical research, education, and practice. It also provides extensive postgraduate offerings through its continuing education program.
Operating model
- Revenue model
- Earned-program. 66% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 67% for direct work, and 33% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 041843040
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2013
- Headquarters
- Northampton, MA, USA
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Universities
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and the filing reports few safeguards for setting executive pay.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 77
- Accountability: 98
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.9%; rating input score 100
- Program expense ratio: 82.5%; rating input score 83
- Fundraising efficiency: $9.78 raised per $1 spent on fundraising; rating input score 41; 41st percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 28th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Grant itemization coverage: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 96.7%; rating input score 97; 50th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 16.2%; rating input score 83; 83rd percentile among comparable filings
- Operating reserve ratio: 8.71; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 73; 73rd percentile among comparable filings
- Officer compensation ratio: 2%; rating input score 55; 55th percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 99.9% of revenue deployed · 82.5% of spending went to programs
- Governance: 29 of 30 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $368.4M in reported program spending
- Leadership: top reported pay $1.7M · 47 people listed · 4 of 6 pay-setting controls reported
- Consistency: 43 of 44 current checks pass · 1 finding to review
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 annual filings from 2009 to 2024
- Money network: 24 filed money-flow records
- Related organizations: 8 filed related-organization links